dserrano5
Legendary
 Offline
Activity: 1974
Merit: 1029
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October 13, 2013, 07:36:33 PM |
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And then you will buy or sell?
I'll laugh. Laugh out loud. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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joesmoe2012
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October 13, 2013, 11:33:31 PM |
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Is there something like Goxtool for bitstamp?
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Wary
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October 14, 2013, 01:23:51 AM |
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Most chinese exchanges have zero fee.
That boosts their volume artificially.
How exactly do they make money, then? When they said 0 fee, I sorta assumed they artificially induced spread or something. Maybe they use the additional information they have compared to the other market participants to their advantage. Maybe they are doing arbitrage with Western exchanges. |
Fairplay medal of dnaleor's trading simulator. 
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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October 14, 2013, 02:20:58 AM |
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Bitstamp entering full fledged rally mode... prepare for takeoff?
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FNG
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October 14, 2013, 02:28:39 AM |
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 SecondMarket buying more? Buyers are relentless
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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October 14, 2013, 02:38:28 AM |
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It's this US govt shutdown/anxiety.. I'm telling ya. Prob continue til something comes of it, then it'll be interesting what happens.
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bobdude17
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October 14, 2013, 02:50:13 AM |
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Stampede!
Nice. That should be thing. |
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pand70
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October 14, 2013, 04:34:03 AM |
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Someone is trying to get rid of around 500 BTC above 135. He is very carefull and half way through...
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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October 14, 2013, 04:44:46 AM |
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lulz, some spaz tard just market sold ~300 btc into nothing, selling as low as $132 in the process (already back at $136).
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pand70
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October 14, 2013, 04:52:12 AM |
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Well i think we should expect some pressure all the way down to 130.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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October 14, 2013, 04:58:03 AM |
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Well i think we should expect some pressure all the way down to 130.
In English plrease? |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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October 14, 2013, 05:01:28 AM |
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Well i think we should expect some pressure all the way down to 130.
If Gox stays stable where it is, very doubtful. Also, btcchina would indicate otherwise, though that may change... |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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October 14, 2013, 10:22:14 AM |
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It's this US govt shutdown/anxiety.. I'm telling ya. Prob continue til something comes of it, then it'll be interesting what happens.
Nope, it's china. Shutdown, debt limit and sequester part 2, that is for december. Yummy. |
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derpinheimer
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Activity: 896
Merit: 1000
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October 14, 2013, 02:36:43 PM
Last edit: October 14, 2013, 04:36:50 PM by derpinheimer |
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Coins flooding in to Bitstamp? Asks back up and pushing toward 18k, from a low of 13k.
Now going to 19k.. Bid/Ask back under $100.
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TERA
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October 14, 2013, 05:55:38 PM |
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In order for the price move to be substantiated, there needs to be volume and this requires asks filling in. 19k (now 17k) is actually still low for stamp. It was 24k for a while.
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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October 14, 2013, 06:05:15 PM |
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Here's the problem with volume analysis: there's now definitive way of knowing if some trade contributing to the volume is between two parties that both previously held btc (i.e. "trading back-and-forth"), or whether at least one party will buy btc for the first time (or in substantially higher quantities than before). The latter case is what we really want (and need), it's the "fresh money" that is necessary in the argument that says: price can only be sustained/go up if X amount of USD enter the market each month. Since from the outside there is no way of telling which of the cases applies, I'm extremely sceptical about arguments based on volume and price sustainability based on volume.
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notme
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Activity: 1904
Merit: 1002
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October 14, 2013, 06:09:53 PM |
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Here's the problem with volume analysis: there's now definitive way of knowing if some trade contributing to the volume is between two parties that both previously held btc (i.e. "trading back-and-forth"), or whether at least one party will buy btc for the first time (or in substantially higher quantities than before). The latter case is what we really want (and need), it's the "fresh money" that is necessary in the argument that says: price can only be sustained/go up if X amount of USD enter the market each month. Since from the outside there is no way of telling which of the cases applies, I'm extremely sceptical about arguments based on volume and price sustainability based on volume.
It doesn't matter as much as you might think. It's all about outstanding positions, not whether it is your 1st position in btc, or your 1000th. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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October 14, 2013, 06:36:39 PM |
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I guess we disagree on this question, then. For the overall size of the market, and as a result, for overall buying pressure, it matters a lot whether new participants enter, or whether the same ones trade back and forth.
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Not sure which Bitcoin wallet you should use? Get Electrum!Electrum is an open-source lightweight client: fast, user friendly, and 100% secure. Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
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thoughtfan
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October 14, 2013, 07:21:30 PM |
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I guess we disagree on this question, then. For the overall size of the market, and as a result, for overall buying pressure, it matters a lot whether new participants enter, or whether the same ones trade back and forth.
What's the difference between an old-time bitcoiner adding a fresh $1,000 worth of bitcoin to his porfolio/trading account than a new person coming along with $1,000? |
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Chalkbot
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Activity: 896
Merit: 1001
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October 14, 2013, 07:25:17 PM |
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I guess we disagree on this question, then. For the overall size of the market, and as a result, for overall buying pressure, it matters a lot whether new participants enter, or whether the same ones trade back and forth.
What's the difference between an old-time bitcoiner adding a fresh $1,000 worth of bitcoin to his porfolio/trading account than a new person coming along with $1,000? That wasn't the specific distinction he was trying to make. He was trying to illustrate that two parties with a vested interest in pumping the volume on the exchange, could trade back and forth for minimal fees, to create the appearance of a robust market. Feel free to correct me oda. |
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