Quote from: Gingermod on May 27, 2014, 06:18:32 PM

Quote from: rezurect on May 27, 2014, 06:17:19 PM

http://webcache.googleusercontent.com/search?q=cache:oc0Mtte8l6MJ:willyreport.wordpress.com/+&cd=1&hl=en&ct=clnk&gl=in

Quote from: JayJuanGee on May 27, 2014, 06:18:45 PM

Quote from: JorgeStolfi on May 26, 2014, 01:27:35 PM

Quote from: rpietila on May 26, 2014, 12:27:46 PM

The reason that BTC is so cheap and progresses so slowly is that people are only exponentially "getting it".

Well, from December to April, especially from February, the Chinese were exponentially "un-getting it"; and that was swamping any growth outside China. (They may have started "getting it" again now, we'll see...)

You don't really know that. For all any of us know, the Chinese, as a collective, may hold more coins now than they did before February.

Quote from: YogoH on May 27, 2014, 06:22:42 PM

Quote from: rezurect on May 27, 2014, 06:17:19 PM

http://webcache.googleusercontent.com/search?q=cache:oc0Mtte8l6MJ:willyreport.wordpress.com/+&cd=1&hl=en&ct=clnk&gl=in

Fuck, just saw the willy report, we should have crashed and burned?
This makes the previous bubble irrelevant. Historical data from September fake. All those trend-lines and analysis is based on fake trades and volume. Why the hell isn't anybody saying a thing??

Because willy's volume was 15 % of an exchange that was barely 10 % of the overall volume over all the exchanges.

Remember it was China that led us up, not Mtgox.

Fuck, just saw the willy report, we should have crashed and burned?
This makes the previous bubble irrelevant. Historical data from September fake. All those trend-lines and analysis is based on fake trades and volume. Why the hell isn't anybody saying a thing??

Because that report and your conclusions are bullshit.

I did read a lot of posts about Chinese fake volume and a about abot named Willy on Gox. But never thought Willy was fake.
If Mtgox faked volume.The Chinese probably are too. Maybe we should stop referring to any Chinese exchange as any indicator of price.
I'm long and cant rationalize that decision now.

No matter how small the volume the 10x price increase was induced.
The 5 month deflation makes perfect sense. Atleast its factored in now.

Whats the point referring to the previous ATH now?

If nobody wants govt regulation. Then a decentralised p2p exchange should end up being the leading exchange in time.