Thanks ... that makes sense now  

Huh???

There is no difference.

He's asking if the Bid sum is the either:

The product of the number of BTC bids * current market price

OR

The sum of each BTC * the price of that bid.

It's the latter.

That was exactly what I was asking ... thankyou  

Agreed, BitPirate, would not make much sense otherwise - that's why I wanted to check  

No disrespect to either of you, but there is a 'junior member' saying it is so (and a junior member asking ) and you, a 'senior member' saying you believe it is so ... can anyone else say definitively that it is so ?

Thanks ... that's pretty solid evidence.
Agreed, it would not be very useful otherwise, but I would be a fool not to check ... and we all know what happens to fools and their money  

And thanks to sauna and BitPirate too  

well, better that than be one of these noobs chasing the technology bubble you just heard about, throwing down a big bid at $235 while you still don't know what you're getting into, very strongly consider selling as you watch it go to $268 because you know it feels like it's about to pop... you can just feel it... but wait... a bit ... longer.

Then everything crashes including Gox, (and Bitstamp for that matter, though no one talked about it for some reason?) and you have to go out for your birthday dinner with your family and watch a movie afterwards to be polite while you wonder what's happened to all your money.

Get home, sell out at a 40% loss, resolve to be smart and buy back in at the right time because you've learnt enough to believe in BTC. THEN, wait for it, buy back in at $65 on Bitstamp, arbitrage - Bitcoin-24. Sell at €55 BITCOIN-24 GOES DOWN AND ALL YOUR MONEY IS NEVER TO BE SEEN AGAIN.

Then buy back in at $77 and hope it goes up not down shortly before reading lucif's TA on the downward future.


Sorry, just had to get that off my chest

I'm actually quite enjoying it, but that's only cos I'm breaking even at this valuation.


PS - so much for the "hardcore" wall observer thread

one of the most boring bitcoin nights in last few months... volume is like it's nvc, not btc

We've had days with extremely low volume (a few 10's of 000's) in the last few weeks. The current volume isn't so low at over 200,000. It's probably just a case of burnout, coinciding with the weekend