p0peji
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May 07, 2014, 08:22:58 AM |
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What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?
edit: I know it sounds crazy but we are dealing with an exchange in distress here.
I'm curious as to how exactly you purpose this would be implemented fake sells as soon as price rises too much and fake buys as soon as price drops too much? Or stop processing buy or sell orders as soon as max or min price for that day has been reached? edit: like I said before it is far fetched, but it would kill volatility
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dreamspark
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May 07, 2014, 08:32:08 AM |
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What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?
edit: I know it sounds crazy but we are dealing with an exchange in distress here.
Yeah deffo sounds crazy. Could you imagine everyone would be waiting to sell/buy into the trend as soon as a new day started.
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TERA
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May 07, 2014, 08:43:24 AM |
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i think it would have no volume most of the time
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dreamspark
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May 07, 2014, 08:44:39 AM |
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i think it would have no volume most of the time
I think it would have no volume all the time. As said for a start despite what some may think Huobi isnt the whole market.
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Mythul
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May 07, 2014, 08:57:52 AM |
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Another day, no rise, no action. Stable price.
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mah87
Donator
Hero Member
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-Bitcoin & Ripple-
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May 07, 2014, 08:58:41 AM |
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Another day, no rise, no action. Stable price.
Action is on Ripple now. First bank Fidor jumped into the network. Price +12% yesterday, this is just the beginning of a rally.
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freebit13
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May 07, 2014, 08:59:34 AM |
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Now, these are the Chinese people we need to get involved in bitcoin... google is chump change  Top 10 Wealthiest People Under the Age of 40 in the World #8 Huiyan Yang is one of the richest people, not only in China, but the world. This billionaire’s net worth is estimated to be $5.7 billion. Yang made her billions by being the daughter of the founder of real estate developer Country Garden Holdings. Only 31-years-old, she is also the majority shareholder in the company. Despite being a Chinese national, Huiyan Yang graduated from Ohio State University in 2003. Shortly after her graduation, her father transferred the majority of the shares of Country Garden Holdings into her name. When the company made its IPO in 2007, the capital raised from the IPO skyrocketed her net worth. Her company’s IPO generated more capital than Google did with their IPO. This made her the wealthiest woman in all of China at the age of just 26 (at the time). Huiyan’s father, Yang Guoqiang, is one of the most successful businessmen in all of mainland China. Huiyan’s company is a real estate company that controls a lot of important real estate world wide. The net worth of her company is estiamated at times to be upwards of $17 Billion. Read more at http://americanlivewire.com/2014-03-03-wealthiest-people-under-the-age-of-40-8/
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ChartBuddy
Legendary
Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2014, 09:00:56 AM |
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dreamspark
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May 07, 2014, 09:03:33 AM |
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Another day, no rise, no action. Stable price.
Isn't that what everyones supposed to want though  And dont speak so soon the day is young
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Mythul
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May 07, 2014, 09:06:21 AM |
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Another day, no rise, no action. Stable price.
Isn't that what everyones supposed to want though  Sure, I'm in no hurry. Actually this is good for me since I can get more coins over time and don't need to panic buy in a matter of minutes. If you don't need the fiat right now, why bother selling? Many other said that bigger investments are on the red this year, but I doubt long term investors care much really.
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dreamspark
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May 07, 2014, 09:11:12 AM |
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No doubt some news coming in 3.2.1
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mooncake
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May 07, 2014, 09:11:52 AM |
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@TERA and windjc - Still short?
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hashuniverse
Newbie
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Activity: 31
Merit: 0
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May 07, 2014, 09:12:09 AM |
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how do you know some news is coming? the calm before the storm?
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p0peji
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May 07, 2014, 09:14:00 AM |
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@TERA and windjc - Still short?
Well I am and I am not closing those until Bitstamp hits atleast 465 on high volume.
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dreamspark
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May 07, 2014, 09:15:16 AM |
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@TERA and windjc - Still short?
Abit premature on a $9 move. TERA already said she wasnt really short and was technically probably long.
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cech4204a
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May 07, 2014, 09:17:27 AM |
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What news? price seems to go up in last hour?
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frienemy
Full Member
 
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Activity: 235
Merit: 100
I was promised da moon
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May 07, 2014, 09:18:38 AM |
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What news? price seems to go up in last hour?
It's just someone buying a few coins in an otherwise stagnant market. Nothing significant.
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Shak
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May 07, 2014, 09:20:59 AM |
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just fresh money arriving at bitstamp, the ones who decided to send fiat via sepa on monday edit: and many decided to send big 
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freebit13
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May 07, 2014, 09:26:03 AM |
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Big pumps :-D
Stamp and BTC-e leading China for a change...
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