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Author Topic: Number of users connected to MtGox Live  (Read 4289 times)
GeniuSxBoY
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July 25, 2011, 04:47:12 PM
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currently connected: 369.
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Oldminer
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July 25, 2011, 07:58:41 PM
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Yea, is the average number of BB users up too? Ive checked randomly the last week or so and its averaged 600 but today its closer to 800?

Also, is there more trades going on the last 24 hours?

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GeniuSxBoY
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July 26, 2011, 02:33:32 AM
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Raoul Duke
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July 26, 2011, 02:48:01 AM
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I only see a blank page... Using Aurora aka Firefox 7.0a2

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July 26, 2011, 02:57:32 AM
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Did you see this? 

http://www.bitcoinmoney.com/post/8067352221/dwolla-allows-chargebacks

If this is true and MtGox stops accepting or suspends dwolla deposits we'll have the perfect storm of no cash coming in, nervous people and miners continuing to sell at a steady clip.  Still seeing $40 short term in that situation?

Just that rumor was enough for me to sell half my mined BTC immediately (all of 3.38 of them  Tongue)
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July 26, 2011, 04:33:34 AM
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Did you see this? 

http://www.bitcoinmoney.com/post/8067352221/dwolla-allows-chargebacks

If this is true and MtGox stops accepting or suspends dwolla deposits we'll have the perfect storm of no cash coming in, nervous people and miners continuing to sell at a steady clip.  Still seeing $40 short term in that situation?

Just that rumor was enough for me to sell half my mined BTC immediately (all of 3.38 of them  Tongue)


Is this really going to be a problem? It seems obvious that Dwolla will end up eating this and not let it happen in the future. Otherwise Dwolla is pretty much done altogether. If Dwolla is done that will suck for a while.

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GeniuSxBoY
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July 27, 2011, 02:58:32 AM
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Edward50
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July 27, 2011, 02:30:44 PM
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I never thought about this, but the bitcoin price is probably largely based on Dwolla.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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July 27, 2011, 03:31:55 PM
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I never thought about this, but the bitcoin price is probably largely based on Dwolla.

less dwolla -> higher BTC price ?
Piper67
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July 27, 2011, 03:34:34 PM
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I never thought about this, but the bitcoin price is probably largely based on Dwolla.

less dwolla -> higher BTC price ?

Nope. Less dwolla -> less money available to buy BTC -> more people willing to sell BTC for less -> lower BTC price... at least initially. Same way that no euros in MtGox means lower prices across the board.

Put another way: less dwolla -> higher dwolla price.
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July 27, 2011, 04:16:56 PM
 #11

i think less Dwolla pricier BTC because it will be more expensive using other means for exchange

compare rates of loading Dwolla and moving to exchange for instance with loading exchange through Liberty Reserve, wire, etc., those transfer and exchange fees would reflect price of BTC
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July 27, 2011, 04:19:36 PM
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i think less Dwolla pricier BTC because it will be more expensive using other means for exchange

compare rates of loading Dwolla and moving to exchange for instance with loading exchange through Liberty Reserve, wire, etc., those transfer and exchange fees would reflect price of BTC

Yup, that's why I said initially... give it a few days and people will find a way around it. If you ask me, the whole dwolla/liberty reserve system is ridiculous in the first place. Why can't I go to my bank's website and just send the money to Mtgox, Tradehill, CampBX, the same way I do with Virtex, is just beyond me.
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July 28, 2011, 06:47:57 AM
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If you ask me, the whole dwolla/liberty reserve system is ridiculous in the first place. Why can't I go to my bank's website and just send the money to Mtgox, Tradehill,

That's how I do it. Direct to MtGox (well via Technocash) from ING Direct online Bank account. Funds arrive within 24 hours.  Grin

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July 28, 2011, 12:43:51 PM
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If you ask me, the whole dwolla/liberty reserve system is ridiculous in the first place. Why can't I go to my bank's website and just send the money to Mtgox, Tradehill,

That's how I do it. Direct to MtGox (well via Technocash) from ING Direct online Bank account. Funds arrive within 24 hours.  Grin

Oh, so that option DOES exist for Americans as well? I thought it was just for Canadians through Virtex and Europeans through Sepa transfers... good to know.
Edward50
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July 28, 2011, 03:17:02 PM
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What does the number of users connected to MtGox Live mean exactly? Is this number good or bad?

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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July 28, 2011, 07:11:09 PM
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What does the number of users connected to MtGox Live mean exactly? Is this number good or bad?

It indicates how many people are watching the market via one of many sites.... So, not much.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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GeniuSxBoY
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July 31, 2011, 06:55:29 PM
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currently connected: 423
GeniuSxBoY
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August 02, 2011, 07:03:41 PM
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Zem
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August 02, 2011, 07:07:25 PM
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525 :O Just went up, It's climbing fast.
GeniuSxBoY
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August 02, 2011, 07:13:07 PM
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currently connected: 535
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