So is it possible to suddenly buy mt gox asks out to, lets say, $5 then force the bitcoinica asks to pay 5$ each?
If you buy up to $5, you might get bids that high and then the Bitcoinica sellers will get more USD for their BTC.
Topic: 15,000 BTC sell order - page 2. (Read 3800 times)
If you buy up to $5, you might get bids that high and then the Bitcoinica sellers will get more USD for their BTC.
So is it possible to suddenly buy mt gox asks out to, lets say, $5 then force the bitcoinica asks to pay 5$ each?
I don't understand what this means at all. Is someone committed to selling all those coins?
If MtGox bids moves that high, Bitcoinica will begin to selling into those bids 50 BTC at a time until they are gone.
I don't understand what this means at all. Is someone committed to selling all those coins?
To their credit, the Bitcoinica order book is relatively new and probably far from perfect.
Why is there only 10k on the buy side? Where is all of the natural sell side? Someone shopped this and did it that badly?
It's bitcoinica's book:
http://btccharts.com/#m=btca-BTC-USD
Why is there only 10k on the buy side? Where is all of the natural sell side? Someone shopped this and did it that badly?
I'm scared.
Pretty much! I just didn't want to break any imposed "posting guidelines".
@miscreanity
Lol
JP Bitcoinica
What if it's not a joke....
It would still a funny branding of Bitcoinica!
Pretty much! I just didn't want to break any imposed "posting guidelines".
@miscreanity
Lol
JP Bitcoinica
What if it's not a joke....
Pretty much! I just didn't want to break any imposed "posting guidelines".
@miscreanity
Lol
JP Bitcoinica
What the hell is that?
JP Bitcoinica capping price; demoralization tactics. Probably to be followed by a push down, scaring or forcing poorly-positioned leverage players out.
What the hell is that?
Looks like price capping, not an attack - yet.
lulz, awesome
Today's candle could be forming a bearish hammer right now...
Oh no!
Today's candle could be forming a bearish hammer right now...
Somebodies going short..maybe they have no faith in 4/20 
http://gyazo.com/d16b4c627cfe0667fab5001741bb0485
http://gyazo.com/d16b4c627cfe0667fab5001741bb0485
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