Elwar (OP)
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
July 22, 2011, 08:13:48 PM |
|
As of July 1 MtGox set their trade fee to 0% for 25 days. This has resulted in a lot of small trades with very few fluctuations with a slow steady decline in price as traders take their small profits and cash out.
I believe that on July 26, when that is lifted you will see more people just holding their BTC instead of trading a few pennies here and there and the trades will be larger with larger swings.
This could be the start of another uptrend as investors buy and hold for larger swings.
This could result in another $35 spike like we saw in June.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
|
|
|
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
July 22, 2011, 08:35:49 PM |
|
Right. We will have much less liquidity, so imbalances will build up longer before correcting. Movement will be more jerky, but not necessarily up or down.
|
|
|
|
S3052
Legendary
Offline
Activity: 2100
Merit: 1000
|
|
July 23, 2011, 06:04:28 PM Last edit: July 23, 2011, 06:28:49 PM by error |
|
To get sustainable BTCUSD price rallies, more investors / traders need to join and add funds.
This is a key area the community could focus on.
|
|
|
|
Cluster2k
Legendary
Offline
Activity: 1692
Merit: 1018
|
|
July 24, 2011, 02:47:29 PM |
|
To get sustainable BTCUSD price rallies, more investors / traders need to join and add funds.
This is a key area the community could focus on.
We need to concentrate on real world bitcoin services and uses to attract people. Trying to attract more money any other way just looks like members of a pyramid scheme trying to get more funds into the system.
|
|
|
|
kiwiasian
|
|
July 25, 2011, 12:37:45 AM |
|
Large trades are more probable at 0% than 0.65%...
|
|
|
|
angelo95
Member
Offline
Activity: 84
Merit: 10
|
|
July 25, 2011, 01:49:27 PM |
|
We need to concentrate on real world bitcoin services and uses to attract people. Trying to attract more money any other way just looks like members of a pyramid scheme trying to get more funds into the system.
THIS.
|
|
|
|
SlipperySlope
|
|
July 25, 2011, 05:28:10 PM |
|
I have been watching http://bitcoin.clarkmoody.com/order-book/# today and it appears that the typical spread between bid and ask orders is greater than $0.04. Is it possible that Mt Gox commissions are now 0.3 percent for all traders?
|
|
|
|
Sannyasi
|
|
July 25, 2011, 05:43:22 PM |
|
We need to concentrate on real world bitcoin services and uses to attract people. Trying to attract more money any other way just looks like members of a pyramid scheme trying to get more funds into the system.
THIS. first make easier to use
|
|
|
|
angelo95
Member
Offline
Activity: 84
Merit: 10
|
|
July 26, 2011, 09:57:34 PM |
|
I have been watching http://bitcoin.clarkmoody.com/order-book/# today and it appears that the typical spread between bid and ask orders is greater than $0.04. Is it possible that Mt Gox commissions are now 0.3 percent for all traders? This was supposed to be tomorrow, wasn't it?
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
July 26, 2011, 11:23:37 PM |
|
I have been watching http://bitcoin.clarkmoody.com/order-book/# today and it appears that the typical spread between bid and ask orders is greater than $0.04. Is it possible that Mt Gox commissions are now 0.3 percent for all traders? This was supposed to be tomorrow, wasn't it? It is tomorrow... It's just risky right now. Regardless, tomorrow starts in like 40 minutes in bitcoinland.
|
|
|
|
geek-trader
|
|
July 27, 2011, 01:28:13 AM |
|
It's now. My trade fee is now 0.3%, instead of 0.0%
|
|
|
|
Bitcoin Swami
|
|
July 27, 2011, 01:46:12 AM |
|
It's now. My trade fee is now 0.3%, instead of 0.0% Time to turn off your bot trader, and join us real bulls who click with mouses. Thats manly.
|
|
|
|
|