Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 12/08/2016, 17:51:47 UTC
Good morning Bitcoinland. Still hovering around $590.

Someone mentioned coffee? Mmmm... Mocha-Java full city roast.



I think it's a little early to resume quoting Chartbuddy. I'll wait until we see which BTC/USD exchange takes the lion's share of the volume. Finex had a pretty good ride but things have obviously changed.



I understand that in recent months you had gotten into the habit of citing Bitfinex, and you still seem inclined with such source?

Most of the time, I had considered Bitstamp to be a better and more accurate price indicator (as compared with Bitfinex - based on margin trading and sometimes questions about fakeness - related to china.. hahahahahaha).

Even though from time to time Bitstamp seems to be out of sync with other exchanges, and tend to have lower relative volume.. and even lag a tiny bit., their price is still within reason as an indicator, no?

Recently folks have been touting Kraken as a possible price indicator, but so far, their USD/BTC trade volume has not been very great, either.. which causes them to go off the rails a bit, too.