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Author Topic: Who else is bored?  (Read 5375 times)
SkRRJyTC
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May 22, 2012, 07:54:35 PM
 #1

We have had very low volitility for the last 3 months or so... anyone else getting so bored that you are starting to not watch the charts every single day?

I havent made a trade in weeks... Embarrassed Cheesy
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May 22, 2012, 08:08:57 PM
 #2

And I see Gox's command of the market has eroded slightly...

how so?

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silverbox
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May 22, 2012, 08:19:54 PM
 #3

And I see Gox's command of the market has eroded slightly...

how so?

At one time they had a market share of over 80%.

It is currently 67%.

bout damn time.
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May 22, 2012, 09:10:14 PM
 #4

Who else is bored?

If you are bored, invest all your money in pirateat40's fund https://bitcointalk.org/index.php?topic=50822.0 on GLBSE and wake up every day hoping your money is still there (and multiplies)!


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May 22, 2012, 09:29:29 PM
 #5

And I see Gox's command of the market has eroded slightly...

how so?

At one time they had a market share of over 80%.

It is currently 67%.

bout damn time.

Only until someone decides to go for a big buy or big dump... I can't see large volumes going through any exchange other than Gox for the time being, unfortunately.
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May 23, 2012, 04:00:11 AM
 #6

If you are bored, invest all your money in pirateat40's fund!


Nice.

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May 23, 2012, 04:03:29 AM
 #7

I haven't made a trade in a single year.

Crypt_Current
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May 23, 2012, 04:24:27 AM
 #8

looking at 5.15 on btccharts.com... kinda exciting comparatively

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May 23, 2012, 12:34:47 PM
 #9

I feel sorry for those that dont have cash at an exchange this week... tee hee.

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May 23, 2012, 03:42:59 PM
 #10

I haven't made a trade in a single year.
I think you might have a word in that misplaced sentence. ;-)

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May 23, 2012, 04:14:25 PM
 #11

i'm not sure why you'd be bored.  what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off.  what's not to like about that?
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May 23, 2012, 11:55:01 PM
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i'm not sure why you'd be bored.  what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off.  what's not to like about that?

The indication that Bitcoin is but a speck of dust which is not even influenced by the real economy, much less has any influence on it.

The good news about that is there is still a monstrous upside potential and a limited downside one at least.


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May 24, 2012, 03:49:31 AM
 #13

i'm not sure why you'd be bored.  what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off.  what's not to like about that?

Plus the fact that there's still BTC < $5 on btc-e.com ...

maybe not much of an opportunity unless you have a ton of $$$$

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May 24, 2012, 03:57:23 AM
 #14

I've been watching the mtgoxlive connection counter slowly and steadily dropping from 700+ down to 117 right now.  Liquidity is as good as it's ever been, and more speculators aren't needed, so I think this is a good thing.

When I go back at old screenshots I'd saved, I'm struck at how thin the depth charts used to be. Here's mtgox screenshot from August 11, 2011:


Sometimes, one side of the chart would have less than 10k btc.
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May 24, 2012, 04:11:07 AM
 #15

I've been watching the mtgoxlive connection counter slowly and steadily dropping from 700+ down to 117 right now.  Liquidity is as good as it's ever been, and more speculators aren't needed, so I think this is a good thing.

When I go back at old screenshots I'd saved, I'm struck at how thin the depth charts used to be. Here's mtgox screenshot from August 11, 2011:


Sometimes, one side of the chart would have less than 10k btc.


Those were the days...
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May 24, 2012, 04:17:01 AM
 #16

Those were the days...
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"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
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May 24, 2012, 04:21:02 AM
 #17

Those were the days...
Cry

Forever Great Spring Stability.

Seriously, look at this.  It's insane.

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May 24, 2012, 04:29:25 AM
 #18



@proudhon can you think of anything else that has looks like this? (in other markets)

One off NP-Hard.
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May 24, 2012, 04:59:36 AM
 #19



@proudhon can you think of anything else that has looks like this? (in other markets)

Help me out...
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May 30, 2012, 06:10:06 PM
 #20

This is just great. We can now really conduct halfway serious business with Bitcoin. Even selling a luxury car and selling the proceeds is now possible without crashing the market. Next year I'll sell my first MiG for Bitcoin Wink

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