just completed all my buys from Fridays wire and already the btc are sitting safely in my wallet. what a FANTASTIC system!!!!
nothing like it in the world.
Topic: Trading paused? (Read 6960 times)
i should also say the hammer is associated with high volume which is sign of a washout or capitulation selling.
looks to me like we are going to put in a daily hammer on the charts which is a sign of a pending reversal.
Each time Mt. Gox has a screwup, the trading depth on the buy side (which reflects real money entrusted to Mt. Gox) drops. They're now at twice the buy side depth of Tradehill. A week ago, they had six times the depth.
You have to remember that mt gox does not publish depth below a certain point below the price. Makes it hard to calculate total depth.
Exactly, a large move in either direction is going to clear out a ton of orders, leaving the DOM incredibly lopsided. In our case everyone who wanted to buy between 14 and 11.1ish were able to, so of course when price bounces from 11 back to 14, there have only been a handful of people who were able to put in new buy orders between 11 and 14, so the DOM is gonna look out of whack.
actually all this uncertainly and fear has made me wire money to mtgox as fast as possible to take advantage of the lower prices.
Ditto
actually all this uncertainly and fear has made me wire money to mtgox as fast as possible to take advantage of the lower prices.
Each time Mt. Gox has a screwup, the trading depth on the buy side (which reflects real money entrusted to Mt. Gox) drops. They're now at twice the buy side depth of Tradehill. A week ago, they had six times the depth.
You have to remember that mt gox does not publish depth below a certain point below the price. Makes it hard to calculate total depth.
Each time Mt. Gox has a screwup, the trading depth on the buy side (which reflects real money entrusted to Mt. Gox) drops. They're now at twice the buy side depth of Tradehill. A week ago, they had six times the depth.
I'm just glad it's exciting again
expecting openness and transparency from mtgox... yea right...
Yeah, that's almost as hopeless as expecting competence and sufficient staffing.
expecting openness and transparency from mtgox... yea right...
do you have any idea how comforting it is to not have funds or btc in the gox?
very.
I know exactly where funds are now and know they are insured.
my guess is there will be a "bank run" on gox at some point, if not already happening.
very.
I know exactly where funds are now and know they are insured.
my guess is there will be a "bank run" on gox at some point, if not already happening.
LOL, i just wired money to mtgox on Friday expecting a selloff and do you know how happy i am that i did? i've been buying hand over fist on the way down and am already in the green with this buy!
$3/$11 is a 27% move. must've tripped a circuit breaker.
didn't anyone tell Mark the Dow only trips on the way DOWN?!
didn't anyone tell Mark the Dow only trips on the way DOWN?!
Someone did, but Mark thought it was a customer, so he deleted the message without comment.
After the hackcrash, everyone was bitching about how there should have been circuit breakers. Now when they trip, everyone bitches. What do you people want?
I want MtGox to publicly state under which conditions those breakers trip. Like this: http://www.nyse.com/press/circuit_breakers.html
Yes, you are right. That would be nice.
I'd like to kick that fucker in his teeth.
do you have any idea how comforting it is to not have funds or btc in the gox?
very.
I know exactly where funds are now and know they are insured.
my guess is there will be a "bank run" on gox at some point, if not already happening.
very.
I know exactly where funds are now and know they are insured.
my guess is there will be a "bank run" on gox at some point, if not already happening.
$3/$11 is a 27% move. must've tripped a circuit breaker.
didn't anyone tell Mark the Dow only trips on the way DOWN?!
didn't anyone tell Mark the Dow only trips on the way DOWN?!
After the hackcrash, everyone was bitching about how there should have been circuit breakers. Now when they trip, everyone bitches. What do you people want?
I want MtGox to publicly state under which conditions those breakers trip. Like this: http://www.nyse.com/press/circuit_breakers.html
mtgoxlive looks like a lie detector of someone having a heart attack.
Has anything coming out of Mt.Gox in the last few weeks NOT been total bullshit?
I loled hardLook, I've got a possible theory .
Here's a summary from my other posts.
From the huge cancel orders as seen on http://bitcoinity.org/markets?exchange=all, there's no doubt some big bots are doing the job.
Now in order to drive the price down, they need a selling bot to chase the bids they keep moving down from the ticker.
Such a bot might be MtGox selling transaction fees at market price (that seems a reasonable practice to me)
The following rally is just the opposite manipulation, though you don't need a failing bot to get the market rally up.
The big sinusoids correspond to free market period when the big player releases his covers. The rest is a battle of bots
This "pause" incident has huge repercussions, above and beyond just the folks getting hit on this exchange.
Do we want to make bitcoins look like the fisher price toy of currency or what
Do we want to make bitcoins look like the fisher price toy of currency or what
After the hackcrash, everyone was bitching about how there should have been circuit breakers. Now when they trip, everyone bitches. What do you people want?
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