Quote from: creekbore on February 27, 2014, 12:58:47 AM

It tells me the two of you aren't as smart as you keep telling each other you are.

I'm in the 'eastern' time zone and apart from the Gox closure crash the other day volume is always very slow on Stamp during the 'day'....it picks up around 7pm local when Europe is getting up and hots up later as the US responds. Major upswings/downswings tend to have happened between 6am and 9 am local, corresponding with the West Coast being in full swing. Apart from between October to December last year, its pretty much always been like that since last March at least.

The only advantage one gets being in the East of the planet is you see the news stories break and develop before they hit the global daily cycle. But of course, as everyone here keeps telling me, news and sentiment have no impact on BTC.

Give me a break...Go and look at the 30 minute Huobi chart.

There you will see the times when China sleeps as the volume hits the floor. You will also see that during these 'China sleeps times' Bitcoin is most stagnant/stable. Like right fkn now for example, Bitcoin aint doing shit except have some whale move 1000BTC chips around either side of the Walls to achieve god knows what goals. Yesterday as well. As China slept, Bitcoin done shit (low $500, High $520). And even the day before that, and the day before that. All the big moves come when these guys are active. Don't tell me they don't cos I am looking at the fkn charts that tell me that this is the case, as I type.......

......and yes, the chart action on Huobi corresponds 100% with the chart action on Bitstamp. It would do, of course as most trading is done by bots running algorithms and all these bots are hooked up to price action on other major exchanges. In this sense, Huobi's ultra high and probably largely faked volume could be used as a means of manipulating USD exchange trading and actually, I am sure it is used for exactly this purpose. There are hundreds of millions to be leeched out the system here for a well organised bunch of cyber-cowboys.