Ladies and Gentlemen: This is what a green candlestick looks like

jubalix

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Quote from: impulse on April 18, 2013, 02:36:33 PM

Quote from: XxionxX on April 18, 2013, 02:18:24 PM

But is the volume real or manufactured? Huh

I keep reading about how someone can just push big trades back and forth to make the volume look high and the price look stable.

Sure you could do that, but it would get expensive rather quickly and I don't see anyone wanting to hand Gox free money, especially given their recent track record.

UNLESS IT WAS GOX DOING IT?

samson

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Quote from: ElectricMucus on April 18, 2013, 07:18:13 PM

Well, there is the incentive to manipulate prices to meet this target, so its not truly arbitrary.

Very true. Candle battle yesterday was real.

Motives, I'm still leaning towards bulltrap / induced bull run, then who knows, it could continue like the last time we were at this price a week or so ago.

I'll be watching the charts keenly over the coming days that's for sure.

ElectricMucus

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Marketing manager - GO MP

Quote from: ManBearPig on April 18, 2013, 07:15:13 PM

Quote from: NikolaTesla on April 18, 2013, 06:06:43 PM

Quote from: Kazu on April 18, 2013, 02:52:17 PM

What was the open price on 18th (today)?

There's no such thing as an open price with bitcoin; it's traded 24/7.

We count the close as 00:00 UTC and it's useful though arbitrary.

Well, there is the incentive to manipulate prices to meet this target, so its not truly arbitrary.

ManBearPig

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"Don't go in the trollbox, trollbox, trollbox"

Quote from: NikolaTesla on April 18, 2013, 06:06:43 PM

Quote from: Kazu on April 18, 2013, 02:52:17 PM

What was the open price on 18th (today)?

There's no such thing as an open price with bitcoin; it's traded 24/7.

We count the close as 00:00 UTC and it's useful though arbitrary.

NikolaTesla

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Quote from: Kazu on April 18, 2013, 02:52:17 PM

What was the open price on 18th (today)?

There's no such thing as an open price with bitcoin; it's traded 24/7.

niko

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There is more to Bitcoin than bitcoins.

Quote from: ManBearPig on April 18, 2013, 12:40:14 AM

I've missed you old friend.

Just over half the volume traded of the previous day but a clear, massive bullish sign.

I expect a lot of to-ing and fro-ing before we jump $100 although looking back at what happened the first time we broke $100, trading was very steady for over a day before it happened.

ManBearPig

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"Don't go in the trollbox, trollbox, trollbox"

Quote from: Kazu on April 18, 2013, 02:52:17 PM

What was the open price on 18th (today)?

Around $93 so barring an unlikely slip back below $100, 2nd green in a row today.

I was very impressed by this move over $100 and actually failed to make the most of it. Holding level overnight will again be a great sign.

ManBearPig

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"Don't go in the trollbox, trollbox, trollbox"

Quote from: arepo on April 18, 2013, 01:11:12 PM

Quote from: ManBearPig on April 18, 2013, 12:40:14 AM

Just over half the volume traded of the previous day but a clear, massive bullish sign.

low volume == bulltrap

The currency volume was low as the price is low. Coin volume however was massive.

ElectricMucus

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Look at what we have today:

credit goes to humanitee for that one. Cheesy

mccorvic

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Quote from: adamstgBit on April 18, 2013, 01:13:44 PM

Quote from: arepo on April 18, 2013, 01:11:12 PM

Quote from: ManBearPig on April 18, 2013, 12:40:14 AM

Just over half the volume traded of the previous day but a clear, massive bullish sign.

low volume == bulltrap

we have broken volume records 2 weeks in a row now....

Facts haven't stopped him before!

Kazu

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What was the open price on 18th (today)?

Brushan

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Quote from: impulse on April 18, 2013, 02:36:33 PM

Quote from: XxionxX on April 18, 2013, 02:18:24 PM

But is the volume real or manufactured? Huh

I keep reading about how someone can just push big trades back and forth to make the volume look high and the price look stable.

Sure you could do that, but it would get expensive rather quickly and I don't see anyone wanting to hand Gox free money, especially given their recent track record.

And what would he benefit of it? I can understand people manipulating the market to lower the price so they can buy and pumping the price so they can sell. But this? Why?

impulse

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Quote from: XxionxX on April 18, 2013, 02:18:24 PM

But is the volume real or manufactured? Huh

I keep reading about how someone can just push big trades back and forth to make the volume look high and the price look stable.

Sure you could do that, but it would get expensive rather quickly and I don't see anyone wanting to hand Gox free money, especially given their recent track record.

XxionxX

sr. member

Activity: 254

Merit: 250

Digital money you say?

But is the volume real or manufactured? Huh

I keep reading about how someone can just push big trades back and forth to make the volume look high and the price look stable.

impulse

full member

Activity: 151

Merit: 100

Quote from: adamstgBit on April 18, 2013, 01:13:44 PM

Quote from: arepo on April 18, 2013, 01:11:12 PM

Quote from: ManBearPig on April 18, 2013, 12:40:14 AM

Just over half the volume traded of the previous day but a clear, massive bullish sign.

low volume == bulltrap

we have broken volume records 2 weeks in a row now....

Yeah people have been saying all day that the volume is low, but yesterday was a very high volume day and large upward movement. Todays volume so far is low only compared to the massive, record setting volumes of the previous 6 days, but larger scale (last 4-6 months) is relatively high, especially since the day is not even close to being over.

adamstgBit

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Trusted Bitcoiner

Quote from: arepo on April 18, 2013, 01:11:12 PM

Quote from: ManBearPig on April 18, 2013, 12:40:14 AM

Just over half the volume traded of the previous day but a clear, massive bullish sign.

low volume == bulltrap

we have broken volume records 2 weeks in a row now....

arepo

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this statement is false

Quote from: ManBearPig on April 18, 2013, 12:40:14 AM

Just over half the volume traded of the previous day but a clear, massive bullish sign.

low volume == bulltrap

Dr3AM$cAp3

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Sighs of relief is what the big candlestick fight was all about, eh?

Happy that you're happy. Cool

ManBearPig

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"Don't go in the trollbox, trollbox, trollbox"

I've missed you old friend.

Just over half the volume traded of the previous day but a clear, massive bullish sign.

I expect a lot of to-ing and fro-ing before we jump $100 although looking back at what happened the first time we broke $100, trading was very steady for over a day before it happened.

Topic: Ladies and Gentlemen: This is what a green candlestick looks like (Read 1877 times)