Large walls moving on Gox orderbook aka Manipulator (Diagram) - page 2.

BitcoinBug

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Quote from: niko on January 24, 2012, 11:58:48 AM

Just thinking... Asks and bids which are far from the current price are "less serious" and should be weighted down in this kind of analysis. What matters most is what happens close to the current price. Can you consider adding weighing coefficients which decay as you go further from the price at any given moment?

+1, that would be very useful

niko

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There is more to Bitcoin than bitcoins.

Just thinking... Asks and bids which are far from the current price are "less serious" and should be weighted down in this kind of analysis. What matters most is what happens close to the current price. Can you consider adding weighing coefficients which decay as you go further from the price at any given moment?

phelix

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and updated once more

so what do you say, is it useful / interesting, should this go on bitcoinX ?

phelix

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bump... updated

BadBear

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Quote from: niko on January 21, 2012, 01:50:51 PM

P.S. I think this thread belong to the speculation board.

It's not really about speculating, at least the OP isn't.

phelix

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Quote from: niko on January 21, 2012, 01:50:51 PM

This is great, thank you. The other day I was observing ask/bid curves during the major price swing, and it made me wonder how many players there were, actually... It seemed like the majority of the order book was controlled in unison by a single entity. For example, ask or bid curve retreating or advancing significantly while preserving their overall shapes. Most of orders were being canceled or placed in unison, and relatively few actually executed. Does this mean there was one big player in action (aka "the manipulator"), or there are lots of robots with very similar strategies?

P.S. I think this thread belong to the speculation board.

it's so synchronous it can only be a single entity

actually I only posted facts

can I somehow move it myself?

Dutch Merganser

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Quote from: niko on January 21, 2012, 01:50:51 PM

This is great, thank you. The other day I was observing ask/bid curves during the major price swing, and it made me wonder how many players there were, actually... It seemed like the majority of the order book was controlled in unison by a single entity. For example, ask or bid curve retreating or advancing significantly while preserving their overall shapes. Most of orders were being canceled or placed in unison, and relatively few actually executed. Does this mean there was one big player in action (aka "the manipulator"), or there are lots of robots with very similar strategies?

P.S. I think this thread belong to the speculation board.

Yes. To speculation, agreed.

This has probably been posted in reference to walls before, but anyway:

Stupid sheep runs into a wall
http://www.youtube.com/watch?v=WJaSBsJyOoM

Stupid, stupid sheep, look at them Wink

niko

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There is more to Bitcoin than bitcoins.

This is great, thank you. The other day I was observing ask/bid curves during the major price swing, and it made me wonder how many players there were, actually... It seemed like the majority of the order book was controlled in unison by a single entity. For example, ask or bid curve retreating or advancing significantly while preserving their overall shapes. Most of orders were being canceled or placed in unison, and relatively few actually executed. Does this mean there was one big player in action (aka "the manipulator"), or there are lots of robots with very similar strategies?

P.S. I think this thread belong to the speculation board.

Mushoz

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Bitbuy

Where are you getting the 3M $ figure from? http://bitcoincharts.com/markets/mtgoxUSD_depth.html is "only" showing 1,5M $ in bids.

Edit: Never mind, I can now see it's with the asks factored in as well, at the current price. Brainfart

jwzguy

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Quote from: phelix on January 20, 2012, 10:42:26 AM

Quote from: sadpandatech on January 16, 2012, 05:27:10 PM

Long term it looks like someone with too much time and money on their hands that knows how to properly hedge both sides of the slopes. Playing the short game against that could be deadly for the faint of heart though. ;p

as we all saw, playing the long game can be rough, too

Been pretty smooth sailing over here.

phelix

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Quote from: sadpandatech on January 16, 2012, 05:27:10 PM

Long term it looks like someone with too much time and money on their hands that knows how to properly hedge both sides of the slopes. Playing the short game against that could be deadly for the faint of heart though. ;p

as we all saw, playing the long game can be rough, too

phelix

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first post updated

sadpandatech

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Long term it looks like someone with too much time and money on their hands that knows how to properly hedge both sides of the slopes. Playing the short game against that could be deadly for the faint of heart though. ;p

BitcoinPorn

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I read this post and see my Bitcion ticker showing 22.65. The things that happen when you walk away from your computer for a bit.

phelix

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I have been logging the mtgox order book lately. thinking about new charts for bitcoinX.

thought I would share these large movements of the order book. ~$250000 AND ~BTC50000 in the glimpse of an eye

edit: updated 2012-01-20
...
edit: updated 2012-02-16

since the bitcoinica burst the orderbook grew again... at peak it was ~ 3 M$

data points every ~17 minutes.

subplots:
first: bitcoin price [USD] (P)
second: B + (A * P) ~ estimate of complete orderbook value [USD]
third:
blue: all bids in the full order book summed up [USD, left] (B)
red: all asks in the full order book summed up [BTC, right] (A)

Topic: Large walls moving on Gox orderbook aka Manipulator (Diagram) - page 2. (Read 6484 times)