Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ShroomsKit_Disgrace]

After today's roller coaster, I am sure that no one cares to know that the Chinese Slumber Predictions for today, namely 3370 CNY for Huobi and 551 USD fo Bitstamp, were quite off the mark, by 680 CNY and 112 USD, respectively. So I will not tell you that.

You probably don't care to know either that since Huobi's clients were all in bed by 3:00 am,  today is a True Slumber Point.  It would be pointless to observe that, therefore,  the previous trend is no longer valid.  I am sure you don't remember me promising to never again deduce a trend from a single data point,  so you will just ignore my doing so now and will pay no attention to my prediction that tomorrow Tuesday Wednesday Mar/05 at 19:00--19:59 we will have the same soup that we had today, namely 4050 CNY at Huobi, 663 USD for Bitstamp.  

I am so sorry to read this Jorge. I hope you could get over soon...

[KeyserSoze]

I think it's more about general education tbh. We don't have Vanuatu in news here ever but I've heard for it and know where it is.
Your colleges and specialized education is top notch but stuff below that is way below par in most of other parts of the World.
And then there is that - we don't give a shit about anything that is out of America so we don't have to know about it (unless there's oil there :p)

Pretty much right on target. We also have a "no child left behind" policy which penalizes schools when children fail. So, of course, what do schools do? Pass each child no matter what. Failure? No such thing.

[KeyserSoze]

China on the move again. For the Americans here, China is a country in Asia. http://en.wikipedia.org/wiki/China

Thx. I was going to google it but I kept misspelling Chaina.

[JorgeStolfi]

I read your slumber posts with religious fervor. Would you mind posting them more frequently with more data? Thx

Wow, thanks, I am flattered.  I don't know if I can provide more data, but I will try to produce even longer charts.  Would that help? 

[GaliX]

China on the move again. For the Americans here, China is a country in Asia. http://en.wikipedia.org/wiki/China

wait. Is China north or south from Mexico?

china is south of mongolia which is parallel to greenland so south.

I'm confused now. IS CHINA IN ASIA OR NOT!?!?  

I just know it's either. You can reach Asia from Mexico either going south or north.

It's strange, my friend tried both ways and he can confirm this.
Still don't know if you can reach China, that's why I asked.

Sounds scientific. I'm sold.

I do also ask him as an Oracal when trading BTC.
Pure wisdom. Even thought he doesn't know what Bitcoin is.

[adamstgBit]

I read your slumber posts with religious fervor. Would you mind posting them more frequently with more data? Thx

Wow, thanks, I am flattered.  I don't know if I can provide more data, but I will try to produce even longer charts.  Would that help? 

omg Jorge buy an Fing bitcoin.

[Walsoraj]

I read your slumber posts with religious fervor. Would you mind posting them more frequently with more data? Thx

Wow, thanks, I am flattered.  I don't know if I can provide more data, but I will try to produce even longer charts.  Would that help? 

Yes, and charts with dinosaurs.

[Erdogan]

The uncomfortable fact for Bitcoin believers is that every major prediction they've made has yet to come true. And as time passes and the inevitable fizzle-out of Bitcoin becomes visible, those believers will splinter. More will drop out of the cult. And the ones who remain will only grow more convinced, more zealous, more eager to share the good news.

http://nymag.com/daily/intelligencer/2014/03/doomsday-cult-of-bitcoin.html

 

That pretty much nails it.

A well written article, if it were written about something else. Global warming comes to mind.

[adamstgBit]

[billyjoeallen]

I mean, seriously, how fucked and out of this world and some general knowledge, one has to be to need Wikipedia to find out about Slovenia.

But gues, it's not strange since Bush was on one meeting in Slovenia back at his president time and said - "I'm so glad to finally visit Slovakia."

You Americans are such fucktards sometimes 

It's not my fault Slovenia is small and unimportant. What worries me is that it's an economic basket case, which makes funds there vulnerable. I live in Cajun Louisiana and I've lived in Mexico. It still shocks me how inept Catholics are at balancing a checkbook. There is a cultural tolerance for corruption rarely found in Protestant countries. I assume Orthodox countries are even worse.

[KeyserSoze]

Yes, and charts with dinosaurs.

I would consider unignoring him if he provided dinosaur charts.

[MAbtc]

It's not my fault Slovenia is small and unimportant. What worries me is that it's an economic basket case, which makes funds there vulnerable. I live in Cajun Louisiana and I've lived in Mexico. It still shocks me how inept Catholics are at balancing a checkbook. There is a cultural tolerance for corruption rarely found in Protestant countries. I assume Orthodox countries are even worse.

You are like the biggest assclown in the world.

[ChrisML]

The speculation in this thread is LONG GONE.

Price by the 7th of march!

$731

go!

[mccorvic]

The speculation in this thread is LONG GONE.

Price by the 7th of march!

$731

go!

You fool. That is outrageously bullish and you are blinded by your greed! Get real.

The price will clearly be at $730 on March 7th. Duh.

[JorgeStolfi]

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):


             !    Mon !    Tue !    Wed !    Thu !    Fri !    Sat !   Sun !    Mon !    Tue !                     
  EXCHANGE   !  02/24 !  02/25 !  02/26 !  02/27 !  02/28 !  03/01 ! 03/02 !  03/03 !  03/04 ! Currencies considered

  BTC-e      |  20.78 |  73.86 |  33.61 |  14.60 |  12.74 |   9.55 |  4.58 |  41.71 |  28.83 | USD,EUR,RUR         
  Bitstamp   |  51.84 | 115.76 |  49.11 |  17.05 |  22.63 |  14.30 |  6.44 |  64.91 |  28.03 | USD                 
  BitFinEx   |  27.16 |  94.55 |  37.71 |  12.04 |  15.29 |   8.62 |  3.13 |  50.92 |  25.03 | USD                 
  Kraken     |   1.06 |   2.23 |   1.87 |   0.89 |   1.34 |   0.39 |  0.32 |   2.82 |   1.81 | EUR                 
  Bitcoin.DE |   0.73 |   2.23 |   1.00 |   0.50 |   0.70 |   0.31 |  0.32 |   1.34 |   1.02 | EUR                 
  CaVirtEx   |   0.30 |   2.15 |   0.32 |   0.31 |   0.33 |   0.15 |  0.19 |   0.55 |   0.33 | CAD                 
  CampBX     |   0.37 |   0.42 |   0.36 |   0.05 |   0.07 |   0.08 |  0.07 |   0.28 |   0.14 | USD                 

  SUBTOTAL   | 102.24 | 291.20 | 123.98 |  45.44 |  53.10 |  33.40 | 15.05 | 162.53 |  85.19 |                     

  Huobi      | 163.47 | 352.76 | 250.64 | 123.38 | 122.00 | 104.12 | 40.64 | 253.71 | 268.47 | CNY                 
  OKCoin     |  84.03 | 275.68 | 150.41 |  83.60 | 129.17 |  73.29 | 34.99 | 126.48 | 137.35 | CNY                 
  BTC-China  |  13.12 |  27.72 |  14.72 |   6.71 |   7.17 |   5.02 |  2.64 |  16.59 |  15.36 | CNY                 
  Bter       |   0.53 |   1.10 |   0.53 |   0.31 |   0.29 |   0.30 |  0.24 |   0.67 |   0.64 | CNY                 

  SUBTOTAL   | 261.15 | 657.26 | 416.30 | 214.00 | 258.63 | 182.73 | 78.51 | 397.45 | 421.82 |                     

  TOTAL      | 363.39 | 948.46 | 540.28 | 259.44 | 311.73 | 216.13 | 93.56 | 559.98 | 507.01 |                     


All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day.  For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)

[jojo69]

Yes, and charts with dinosaurs.

I would consider unignoring him if he provided dinosaur charts.

absolutely

[JayJuanGee]

Soon time to sleep want to wake up and see 750$.


NiteNite.

Surely, soon we are going to get to $750.  Probably, it is NOT unrealistic to arrive within 24 hours - though I am thinking for sure by next week we will be in the $750 to $850 range.

[JayJuanGee]

Go back to school and you will know where Slovenia is. It seems it is leading country for cryptocurrency trading. Still waiting for someone else from respectful country like yours to show something better.
Some have Hitler and Bosh, some have Bush and you, but we have Bitstamp.


Anyway, the 'glitch' was just the begining.


All your bitcoins are belong to us.

According to Wikipedia, Slovenia wasn't even a country until 1991, by which time I was out of school. It was part of Yugoslavia before that, which makes sense. Bitstamp code is to computer engineering as the Yugo was to automotive engineering.

I mean, seriously, how fucked and out of this world and some general knowledge, one has to be to need Wikipedia to find out about Slovenia.

But gues, it's not strange since Bush was on one meeting in Slovenia back at his president time and said - "I'm so glad to finally visit Slovakia."

You Americans are such fucktards sometimes 

Wikipedia is a very useful tool. Like any info, if it is important you will cross check it with other sources.
  My maps all have USSR on them    It says nothing about my formal education, it means only that I am old and don't really have any reason to study Europe. I have no idea what the current divisions in Africa are either. So?  Be assured that I will learn what I need to know before I visit there, since it will probably change three more times before I get there in approximately... oh, never.

YOUR name is explorer.... So get yourself to africa... or at least some other parts of the globe... NO?

[JorgeStolfi]

Today (Tue Mar/04 00:00--23:59 UTC) the toal volume on the monitored exchanges was 507 kBTC, about 10% less than yesterday's (560 kBTC) .

However, the total volume in China increased 6% (from 397 to 422) while outside China it fell 48% (from 163 to 85).

WIth those changes, China's slice of the total volume was 83%.

Among the exchanges outside China, Bitstamp fell to second place, having lost 57% of the volume (from 64.91 to 28.03 kBTC).  BTC-e lost only 31% and thus got barely ahead of Bitstamp, with 28.83 kBTC.  Bitfinex lost 51% and fell to third place, with 25.03 kBTC.

[MAbtc]

Let's see if this dumping on Huobi leads anywhere....