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Author Topic: Wild trading at tradehill  (Read 7567 times)
pennytrader (OP)
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June 20, 2011, 05:43:20 PM
 #1

Price ranges from $6 to $15. I feel some market maker could take advantage of this crazy volatile move...

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herbertfilby
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June 20, 2011, 05:49:37 PM
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Is it possible to trade through britcoin, get GBP, and convert to USD, and if so, where/how?
bitcoinconnection
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June 20, 2011, 05:50:01 PM
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I think people are taking advantage of the spreads. Trader are moving a lot of money around.









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June 20, 2011, 05:50:27 PM
 #4

I would buy some BTC now, but estimated time of deposit from LR showing on TH acc is 1-2 business days Sad And for BTC estimated time is 1 hour. So sellers can fund their accounts fast, but not buyers, sure price will dive.
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June 20, 2011, 05:51:27 PM
 #5

I've got some buy orders placed at lower prices... hoping it dips down that far and I can double-up on what I had before.  Smiley
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June 20, 2011, 05:53:55 PM
 #6

It's the wild west!  Too much confusion in the markets for a stable price.  Ask yourself what has changed with bitcoins other than mt gox being hacked.  Has bitcoins been hacked?  no.  So what's the difference between now and 48 hours ago?  nothing
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June 20, 2011, 05:54:40 PM
 #7

Crazy americans...

Britcoin is always stable.

Boring British  Tongue
Do many people use the site? If Yes, Why so stable?

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June 20, 2011, 05:55:59 PM
 #8

US$ liquidity is a bit thin right now. Sure wish I hadn't withdrawn mine last week. Good bargains to be had today and tomorrow as the weaker hands are shaken out of the market.
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June 20, 2011, 05:56:26 PM
 #9

1.) Newbie posts (not just this one) about market prices fluctuating.

2.) Seasoned veterans nod and wonder what all the excitement is about.

3.) Repeat until forum database explodes.

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coined
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June 20, 2011, 05:58:30 PM
Last edit: June 21, 2011, 12:40:28 AM by coined
 #10

Crazy americans...

Britcoin is always stable.

Boring British  Tongue
Do many people use the site? If Yes, Why so stable?


I don't think any professional traders use it, so very little market manipulation, just us plebs, also the interface is a little clunky...
pennytrader (OP)
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June 20, 2011, 06:03:43 PM
 #11

1.) Newbie posts (not just this one) about market prices fluctuating.

2.) Seasoned veterans nod and wonder what all the excitement is about.

3.) Repeat until forum database explodes.


I like your post, as a newbie Smiley I didn't intend to spam the forum but I couldn't find a disucssion on the price movement, especially after such a historical event.

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June 20, 2011, 06:04:31 PM
 #12

Yeah after I moved all my money from trade hill to mtgox I had 7 usd left in trade hill.  So I put one order in for a bitcoin at 7 bucks and never thought it would get filled.

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June 20, 2011, 06:05:00 PM
 #13

High spread == High uncertainty about the price

Nothing strange.
WhyAskY
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June 20, 2011, 06:11:17 PM
 #14

Has TradeHill suspend trading?
TraderTimm
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June 20, 2011, 06:18:38 PM
 #15

Has TradeHill suspend trading?

I just checked here (and wondered why you didn't):

https://www.tradehill.com/MarketData/

Current Bid/Offer:

11.00 / 11.99

Last:

11.80




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June 20, 2011, 06:20:41 PM
 #16

Has TradeHill suspend trading?
No.
cecil w.
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June 20, 2011, 06:34:39 PM
 #17

TradeHill is running extremely slow. Instant buy and sell is effectively worthless today. That market data page needs to be static. Anyway, people should be using bitcoincharts to monitor the price methinks.
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June 20, 2011, 06:43:38 PM
 #18

Totally dead the last 45 minutes or more, long live MtGox!   Cheesy

Bazil
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June 20, 2011, 06:49:45 PM
 #19

yeah apparently Tradehill wasn't ready for the influx of people they got from Mtgox's hiatus

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imperi
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June 20, 2011, 06:51:56 PM
 #20

yeah apparently Tradehill wasn't ready for the influx of people they got from Mtgox's hiatus

It's amusing how much people talk them up when they can only handle a tiny volume.
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