No textbooks are squarish, this is much more rounded...
lmfaoAs always, thank you for your valuable contribution
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Topic: : (Read 70883 times)
Here is a look at the ratio of cumulative $ volume vs cumulative BTC volume over time. So far the highest peak was at $6.65 on September 8, 2011. Linear scale.
Gartner hype cycle..
Textbook.
No textbooks are squarish, this is much more rounded...
lmfaoHere is a look at the ratio of cumulative $ volume vs cumulative BTC volume over time. So far the highest peak was at $6.65 on September 8, 2011. Linear scale.
Gartner hype cycle..
Random reinforcement still seems to be the order of the day.
This tells me that profits from trading will remain easy pickings in the foreseeable future.
This tells me that profits from trading will remain easy pickings in the foreseeable future.
maybe sharing your charts added stability to the market?
Seeing that the order book seems to be converging on my support resistance chart I am going to stop feeding information into the market altogether... For now.
Sorry guys, it's for science.
Sorry guys, it's for science.
For Science!
Seeing that the order book seems to be converging on my support resistance chart I am going to stop feeding information into the market altogether... For now.
Sorry guys, it's for science.
Sorry guys, it's for science.
lol i noticed that but didn't say anything because i rely on your analysis so much
Interesting charts you have there, chodpada. The Price/$ Volume somewhat scares me: it indicates the dollars pumped into the market since the June 2011 peak is close to 8 times the amount that brought Bitcoin to that peak. Is this interpretation correct, or am I missing something?
dang, missed the action!
Did the walls get bought up or were they removed?
there is a 19k wall that is moving 0.05 USD up every 5 min or so Did the walls get bought up or were they removed?
what will it do when it gets to $6.2
Oops, we just broke a few walls. Time to reevaluate...
we're looking quite entrenched, for the moment.
stable perhaps?
stable perhaps?
Whale can come by at any moment and blow everyone's expectations out of the water.
Except for the expectation that a whale will come by at any moment
sleepy squirrel?
It is actually more likely that we have two or more bots battling each other. That can make it very difficult to tease out individual strategies.
No, what I’m saying is the buying happened AFTER the bot put up some big bids. It was definitely a bot because a) the bids were of the same size and b) the order book transformed within minutes, it was over 53k to $5 at the peak. Now it’s back to "normal".
What I do not get is WTF happened thereafter. Bids withdrawn and someone sold into it?
Maybe this is an attempt to get the Bitcoinica longs to leverage up more?
So you say that he bot provoked someone to buy? This can be a possible bot strategy - it leave asks and then try to push someone to buy them. When they are bought remove the bids and hope for the price to return to the base. What I do not get is WTF happened thereafter. Bids withdrawn and someone sold into it?
Maybe this is an attempt to get the Bitcoinica longs to leverage up more?
No, what I’m saying is the buying happened AFTER the bot put up some big bids. It was definitely a bot because a) the bids were of the same size and b) the order book transformed within minutes, it was over 53k to $5 at the peak. Now it’s back to "normal".
What I do not get is WTF happened thereafter. Bids withdrawn and someone sold into it?
Maybe this is an attempt to get the Bitcoinica longs to leverage up more?
What I do not get is WTF happened thereafter. Bids withdrawn and someone sold into it?
Maybe this is an attempt to get the Bitcoinica longs to leverage up more?
The upwards pressure was initiated buy a bot putting up bigger, evenly sized bit near the market price. The bids then vanished after there was some buying.
Maybe it’s one bot trying to create VOLATILITY so it can profit?
Or it’s two fighting bots. I don’t know.
I did not look very carefully - but what I've seen is that there was a strong buy up to 5.57 - with a sizeable leftover that was later moved back to 5.16. Did the bot participate in this? Maybe it’s one bot trying to create VOLATILITY so it can profit?
Or it’s two fighting bots. I don’t know.
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