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Author Topic: Bitcoins become boring?  (Read 4476 times)
kjlimo
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June 03, 2013, 11:26:35 AM
 #21

MtGox is not the best gauge these days.

+1. More and more sales are done privately, or simply traded with goods.

Maybe, but i cannot be the only one who completely stopped trading due to dwolla and gox not working.
I am unsure how much liberty reserve mattered in the scheme of things.

I found the exchanges in my signature to be helpful in getting me back up with trading.

Within a week I moved some of my orderbook over already.

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
kjlimo
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June 03, 2013, 11:44:45 AM
 #22

I used to consistently pour my paychecks into bitcoin via MtGox every two weeks. I have yet to decide on my next exchange. I am sure many others have moved to other exchanges.

I am focussing on paying down a few credit cards while I figure out the best place to exchange my money.

Sorry for the double response.  Tough to mutli quote on my phone.

Pay down those credit cards.  Free yourself from that debt!  Then stick to honest real bitcoins Smiley

I've found the exchanges in my signature to be great replacements for gox.

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
daburone (OP)
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June 04, 2013, 08:34:42 PM
 #23

20k dump, massive up and down swings, and that's on a sunday. what are you talking about?

Apart from that one sell-off day, Bitcoins (at least on MtGox) have been practically dead. I wonder how many people pulled their money out of Gox.

Margin trading sites like Bitfinex are in even worse shape. Almost 300k available at the VIR, currently a miserly 55%.
Gordonium
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July 01, 2013, 06:02:30 PM
 #24

Yep, after 266$ bubble things have been pretty boring excluding some nice news about VC:s etc. I think that has started a spiral: Bored people sell - more boring bear market - more selling. I hope we go back to bull market soon.
CompNsci
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July 01, 2013, 11:17:23 PM
 #25

Transactions other than common addresses are trending upward over the last few weeks.

http://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false&show_header=true&daysAverageString=7&timespan=&scale=1&address=

This is likely a better indicator of real world usage than volume on Mt. Gox.
QuestionAuthority
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July 01, 2013, 11:26:07 PM
 #26

Here's some excitement for you: https://www.sec.gov/Archives/edgar/data/1579346/000119312513279830/d562329ds1.htm

Singlebyte
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July 01, 2013, 11:44:02 PM
 #27


Now that makes for an interesting read!  Thanks
Kake
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July 02, 2013, 12:34:41 AM
 #28

is there a good site that shows volume / trades / graphs of all bitcoin exchanges? I remember seeing one long ago but forgot what it was =P

http://bitcoincharts.com/markets/
Phinnaeus Gage
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July 02, 2013, 12:41:01 AM
 #29

MtGox is not the best gauge these days.

+1. More and more sales are done privately, or simply traded with goods.

And proof to this statement is the rising exchange rate.
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July 02, 2013, 01:00:43 AM
 #30

is there a good site that shows volume / trades / graphs of all bitcoin exchanges? I remember seeing one long ago but forgot what it was =P

Also, yea we need bitcoin to be quiet in volatility but... in terms of volume, it would be nice to have some massive volume w/ not much volatility - would reflect a massive demand in exchanging it - thus more widespread adoption.

Try this one: http://trading.i286.org/

It works a little better for me than Bitcoincharts and updates very quickly.

thefiniteidea
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July 02, 2013, 04:27:28 AM
 #31

Bitcoin is just as exciting to me now as it was trading at $10 or $260.

The price is worthless in comparison to the idea.

And I know a lot of you feel the same way, cuz I'm a pretty awesome guy.

 Cool

Here's a self-portrait:

romerun
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July 02, 2013, 02:57:56 PM
 #32

it can't go to 1000 without testing 50 or 30 first
BadBitcoin (James Sutton)
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July 02, 2013, 03:23:53 PM
 #33


the winklevoss brothers are going to be rich, and will take us along with them, I wish they would come out on these forums and have a Q&A session, we'd learn so much.
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July 02, 2013, 03:36:47 PM
 #34


the winklevoss brothers are going to be rich, and will take us along with them, I wish they would come out on these forums and have a Q&A session, we'd learn so much.

I hope you're right. The flip side of that coin is they're going to go broke and take us along with them.

I'm not sure I want to see them speak again after their performance at the conference.

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