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Showing 8 of 8 results by FrauHolle
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Topic
Board Bitcoin Discussion
Re: Why do you panic sell into MtGox manipulation?
by
FrauHolle
on 16/05/2025, 09:32:34 UTC
Lmao ok here we go 12 years later. It turns out that the panic selling was in fact irrational and stupid and buying BTC at $100 did allow you to get multiples of that out, many years later, in the process where BTC holdings were valued at MUCH higher prices while fiat just got the same haircut that everyone got.
Cheers to everyone else who also made that mode.

Post
Topic
Board Trading Discussion
Topic OP
total trade volume (blockchain.info is wrong!)
by
FrauHolle
on 14/03/2014, 13:32:11 UTC
Hi guys

I am trying to get numbers on total daily Bitcoin trade volumes, over time (lets say since 2012).

Blockchain.info has a nice chart about that:
https://blockchain.info/charts/trade-volume?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

It shows the averaged trade volumes since the beginning of the year somewhere between $5-25 Million (per day). If we check 30 day trade volumes at
http://bitcoincharts.com/markets/
we see:
Bitstamp ~$450 Million
Bitfinex ~$350 Million
BTC-E ~300 Million

Just to take the biggest three here, the total sum over 30 days is about $1100 Milllion / 30 days = 36 Million per day (real values are probably higher since I just counted the first three exchanges). These numbers are roughly matching what you get if you check each individual exchanges website and add the numbers. The problem is that these numbers are significantly higher than the values in the blockchain graph. In any case it means that blockchain.info is not displaying "USD trade volume from the top exchanges" as they claim.

Am I doing anything wrong? Could anyone provide me with a data of actual trade volume over time?

Cheers
Post
Topic
Board Service Announcements
Re: Bad news SMS reports [new service]
by
FrauHolle
on 11/03/2014, 13:23:20 UTC
Its a bad idea, you have to think that if everyone is signed up, they will all dump, and crash it more. You may want to look into insider trading to make sure its not connected.
Im not so sure if this really leads to more drastic crashes (lower minimal values). It will just reach the minimum faster and the market price will thus reflect the "true" price sooner than without such a service (where i have to way until i have time to check google news). Fundamental indicators are used by fiat-world-traders all the time and thats not bad. In the end liquidity and fast trades establishing market prices quickly are good things that could still be enhanced in the bitcoin world.
Post
Topic
Board Bitcoin Discussion
Re: number of users per exchange
by
FrauHolle
on 11/03/2014, 13:14:31 UTC
Well I hope you need the data for just a informational purposes nothing else
Actually im trying to do some exchange market research. I dont care about the little new ones, just  4 major big ones that i mentioned above.

You can contact the investor service and ask for financial data
I was hoping there'd be a mire accessible way.

Any actual numbers would still be very interesting.
Post
Topic
Board Bitcoin Discussion
Topic OP
number of users per exchange
by
FrauHolle
on 11/03/2014, 10:19:46 UTC
Hello

Does anyone here have data on the number of user at those major exchanges (Bitstamp, BTC-E, BTC China, Bitfinex)? This is potentially interesting data for anyone interested in exchange-related business. Also the amount of BTC that users have on their accounts in general or which they are actively trading (anonymous volume per user) would be super interesting but probably impossible to get.

The only number I found so far is BTC-E where I currently see about 4600 users + 1700 bots online.

Thanks and regards,
Holle
Post
Topic
Board Service Discussion
Re: Mt Gox's new office
by
FrauHolle
on 21/02/2014, 07:18:14 UTC
Alright, I just wanted to check for myself (without losing more money by flying to Japan).

MtGox is reportedly domiciled at this office space:
http[Suspicious link removed]cutivecentre.com/location/shibuya_cerulean_tower
So I gave them a call +81 (3) 5456 5513 at the general reception. The nice lady was unfortunately unable to connect me to anyone at gox (not surprised), told me that she couldnt give me a number for privacy reasons, told me I should contact them by email at info@mtgox.com but she confirmed that they are renting office space at that location.

I found it at least somewhat interesting that they would take the troubles to rent a new space instead of getting on the first flight out of the country with their cold wallet as carry-on luggage.

Cheers,
Holle
Post
Topic
Board Bitcoin Discussion
Re: Why do you panic sell into MtGox manipulation?
by
FrauHolle
on 20/02/2014, 18:32:06 UTC
I don't quite get the gox-is-bad-I-told-ya attitude. The current gox situation is hurting everyone involved in or holding bitcoin, even more so all the fantastic entrepreneurial ideas here. So whatever has been said back then was apparently not loud or clear enough or presented at the wrong channel to prevent the massive damage to the whole system that we're experiencing right now.
Post
Topic
Board Bitcoin Discussion
Re: Why do you panic sell into MtGox manipulation?
by
FrauHolle
on 20/02/2014, 14:49:04 UTC
Dear all

I read quite some speculations here on why the MtGox rate is behaving the way it is. I am still puzzled and would appreciate clarification. Lets assume the following, please correct me where I am wrong:

1) No noticable amounts of fiat are coming out of gox (except for maybe Japanese Yen, which for most of us is meaningless) and even if there would be money coming out, at the current rate it doesnt make sense to sell BTC and cash out.
2) No BTC are coming out but there are promises of this happening very soon. These promises are thought to be far more likely than promises of fiat withdrawals working.

Both 1) and 2) should lead to BTC/USD rates shooting up (not down!). A similar reasoning was making sense in the past ((almost)no fiat getting out of gox) which is why the rate at MtGox was always quite a bit higher than at other exchanges. Now with the recent development this rate should have *increased* and not decreased even modestly. So why is this happening?

Looking for answers I would like to rule out that
a) MtGox is trying to rip everybody off in the most obvious way - there were still reports of Mark going to his office a few days ago, if he just wanted to run away with our money he could have done that long ago and have a happy rest of his life in some Cuban village.
b) People that trade noticeable amounts of BTC (and thus have a noticable influence on the market) are plain stupid and acting in panic without thinking what is happening.

...I just dont see the logic behind this but still I dont believe in conspiracy theories or stupidity alone...

Cheers,
Holle