Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28162. (Read 26710702 times)
April 16, 2014, 04:04:12 AM
Lol, that China article did it again. This market is completely fucked up by China.
April 16, 2014, 04:04:05 AM
well, we can see that even if you didn't post it....
Somebody likes talking to robots
oh i didn't know thats automatic...:dumb
April 16, 2014, 04:02:44 AM
well, we can see that even if you didn't post it....
Somebody likes talking to robots
April 16, 2014, 04:02:31 AM
I wonder what Bitstamp knew when they posted all those 'to the moon' posts. That a bunch of wires hit their accounts?
There are some bigger news about this, this is too mental pump to be just a pump. Blockchain guy tweeted he is so excited too yesterday or so, there is something going on and we've been played to sell them cheap coins (well, I didn't sell them cheap though I haven't bought ones too, we as community).
Well do ya thunk ... duh??
I said way, way back Wall St. wanted cheap coins and you dumb fucks handed them over on a platter.
Trading bears you call yourselves, you are just short term idiots in the biggest mega bull market EVER ... and you just got played like little twerps.
TL;DR ... "china" == wall st.
I was thinking something... since you love me so much, would you marry me?
i can be the ''whitness''
April 16, 2014, 04:02:25 AM
In my understanding, a trade happens at price X when the seller thinks that X is a bit too high, and the buyer thinks that X is a bit too low.
During periods when the sentiment of all buyers and all sellers about the item's value is unchanging, trading quickly stops and the market price remains mostly constant.
Conversely, when something causes the general sentiment to change, the market price changes, and volume usually increases -- because each trader usually changes his evaluation by a different amount and at a different time, so the above condition is often satisfied, possibly more than once for the same pair of traders. (If all the traders changed their perceptions in perfect synchronism, the implicit market price -- that is, the midpoint of the ask/bid spread -- would change without any trades.)
If these premises are correct, then what is happening now at Huobi? For the last 4 hours, I see quite substantial volume (~5kBTC/hour), but the price just wanders in the narrow range between 3230 and 3280 yuan, about 4 dollars up or down from the midpoint.
What is going on in the heads of those traders? Why can't they find the equilibrium? Their perceptions could not be changing constantly like that, up and down by a few dollars, at random. Are their robots locked in a bogus feedback loop, each endlessly over-reacting to the small over-reactions of the other robots?
During periods when the sentiment of all buyers and all sellers about the item's value is unchanging, trading quickly stops and the market price remains mostly constant.
Conversely, when something causes the general sentiment to change, the market price changes, and volume usually increases -- because each trader usually changes his evaluation by a different amount and at a different time, so the above condition is often satisfied, possibly more than once for the same pair of traders. (If all the traders changed their perceptions in perfect synchronism, the implicit market price -- that is, the midpoint of the ask/bid spread -- would change without any trades.)
If these premises are correct, then what is happening now at Huobi? For the last 4 hours, I see quite substantial volume (~5kBTC/hour), but the price just wanders in the narrow range between 3230 and 3280 yuan, about 4 dollars up or down from the midpoint.
What is going on in the heads of those traders? Why can't they find the equilibrium? Their perceptions could not be changing constantly like that, up and down by a few dollars, at random. Are their robots locked in a bogus feedback loop, each endlessly over-reacting to the small over-reactions of the other robots?
Your premises are super correct. You are beginning to get it.
April 16, 2014, 04:02:24 AM
Seriously, we are going down because of another China rumour? This is a joke right?
April 16, 2014, 04:01:48 AM
I wonder what Bitstamp knew when they posted all those 'to the moon' posts. That a bunch of wires hit their accounts?
There are some bigger news about this, this is too mental pump to be just a pump. Blockchain guy tweeted he is so excited too yesterday or so, there is something going on and we've been played to sell them cheap coins (well, I didn't sell them cheap though I haven't bought ones too, we as community).
Well do ya thunk ... duh??
I said way, way back Wall St. wanted cheap coins and you dumb fucks handed them over on a platter.
Trading bears you call yourselves, you are just short term idiots in the biggest mega bull market EVER ... and you just got played like little twerps.
TL;DR ... "china" == wall st.
I was thinking something... since you love me so much, would you marry me?
April 16, 2014, 04:01:37 AM
Fuck Bitfinex, seriously.
You open a multiple positions and then it lumps them into one large position and you either have to cancel/claim the whole order. You cant just close each order seperately.
Retarded.
You open a multiple positions and then it lumps them into one large position and you either have to cancel/claim the whole order. You cant just close each order seperately.
Retarded.
You can sell / buy and the position will be affected
Smart.
Still that makes managing your orders really confusing, why would they not list them seperately so you can monitor each position...
April 16, 2014, 04:01:36 AM
Some people already predicted that bad news from China would pop up anytime soon.
April 16, 2014, 04:01:00 AM
well, we can see that even if you didn't post it....
April 16, 2014, 04:00:19 AM
April 16, 2014, 04:00:00 AM
where is Adam BTW ? I didn't seem him around for days now.
I've been thinking the same.
Where is the OP?
He told us he was going to be frozen or cryogenized, and post a pic of a penguin inside a ice-cube.
You can find that post, like 3days ago, during the 350$ dip.
April 16, 2014, 03:59:36 AM
where is Adam BTW ? I didn't seem him around for days now.
Indeed, maybe 340$ was too much for him
I thought he froze himself
What were the conditions for unfreezing him again ?
April 16, 2014, 03:59:16 AM
Fuck Bitfinex, seriously.
You open a multiple positions and then it lumps them into one large position and you either have to cancel/claim the whole order. You cant just close each order seperately.
Retarded.
You open a multiple positions and then it lumps them into one large position and you either have to cancel/claim the whole order. You cant just close each order seperately.
Retarded.
You can sell / buy and the position will be affected
Smart.
April 16, 2014, 03:59:02 AM
Baidu dropped btc support 
April 16, 2014, 03:58:57 AM
New China ban? Nice
China off two bitcoin trading account or for the prevention of money laundering
http://www.reddit.com/r/Bitcoin/comments/2361qt/china_off_two_bitcoin_trading_account_or_for_the/
April 16, 2014, 03:58:28 AM
where is Adam BTW ? I didn't seem him around for days now.
Indeed, maybe 340$ was too much for him
April 16, 2014, 03:58:03 AM
translate it in a short sentence?
my completely fake attempt at a translation
"I the author of this piece am short bitcoin and really need it to down"
April 16, 2014, 03:57:31 AM
where is Adam BTW ? I didn't seem him around for days now.
I've been thinking the same.
Where is the OP?
April 16, 2014, 03:57:10 AM
don't you get tired of this shit ?
based on what I read on the media, China has been banning Bitcoin for 4 months now, yet no official statement from PBOC came out since December, and the last statement was few days ago which once again has confirmed that china wont ban Bitcoin......
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