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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29359. (Read 26619954 times)

hero member
Activity: 910
Merit: 1003

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):


             !    Sat !    Sun !    Mon !    Tue !   Wed !    Thu !    Fri !    Sat !    Sun !                     
  EXCHANGE   !  02/15 !  02/16 !  02/17 !  02/18 ! 02/19 !  02/20 !  02/21 !  02/22 !  02/23 ! Currencies considered

  Bitstamp   |  20.76 |  26.40 |  19.90 |  14.83 | 20.76 |  34.97 |  29.61 |  18.08 |  20.87 | USD                 
  BitFinEx   |  10.83 |  16.75 |  15.69 |   8.47 |  4.71 |  25.27 |  28.46 |  14.73 |  15.80 | USD                 
  BTC-e      |   9.16 |  21.75 |  15.07 |   8.08 |  5.84 |  23.37 |  23.64 |  18.68 |  14.24 | USD,EUR,RUR         
  Kraken     |   0.41 |   0.91 |   0.89 |   0.51 |  0.38 |   1.60 |   1.15 |   1.08 |   1.06 | EUR                 
  Bitcoin.DE |   0.22 |   0.57 |   0.57 |   0.38 |  0.54 |   0.70 |   0.76 |   0.61 |   0.50 | EUR                 
  CaVirtEx   |   0.15 |   0.15 |   0.15 |   0.21 |  0.11 |   0.75 |   0.60 |   0.20 |   0.23 | CAD                 
  CampBX     |   0.05 |   0.07 |   0.28 |   0.10 |  0.14 |   0.73 |   0.24 |   0.26 |   0.22 | USD                 

  SUBTOTAL   |  41.58 |  66.60 |  52.55 |  32.58 | 32.48 |  87.39 |  84.46 |  53.64 |  52.92 |                     

  Huobi      | 122.80 | 110.57 | 130.41 |  74.04 | 34.12 | 131.14 | 187.12 | 154.12 | 185.15 | CNY                 
  OKCoin     |  51.45 |  63.63 |  63.05 |  51.46 | 26.29 |  53.49 | 140.75 |  87.71 | 141.90 | CNY                 
  BTC-China  |   7.55 |   9.08 |   7.86 |   3.86 |  2.04 |  10.97 |  15.23 |   9.29 |  10.42 | CNY                 
  Bter       |   0.74 |   0.56 |   0.48 |   0.35 |  0.37 |   0.77 |   0.63 |   0.48 |   0.62 | CNY                 

  SUBTOTAL   | 182.54 | 183.84 | 201.80 | 129.71 | 62.82 | 196.37 | 343.73 | 251.60 | 338.09 |                     

  TOTAL      | 224.12 | 250.44 | 254.35 | 162.29 | 95.30 | 283.76 | 428.19 | 305.24 | 391.01 |                     

  MtGOX      |  60.15 | 104.46 |  65.69 |  63.50 | 40.75 | 127.48 | 103.06 |  89.24 |  46.66 | USD,EUR,GBP,AUD,JPY 



All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day.  For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)

NOTE: MtGOX has suspended withdrawals of Bitcoins and national currencies.  Therefore it is essentially isolated from other markets, and its price is completely out of the norm.  The trade volumes above may be meaningless.
sr. member
Activity: 476
Merit: 250
Was that all? I was expecting so much more.

there appears to be a bug in bitcoinity which makes this wall flash up and down when ever someone takes a bite.

its not over.

It's probably not over for bitstamp, but it looks pretty over for Gox.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
I'm ready to throw some more money at it and scoop up some more coins, but I am not sure what price to target.  The massive wall on bitstamp is slowly getting eaten away...not sure where I want to pull the trigger...
legendary
Activity: 896
Merit: 1000
Hmm, interesting at stamp with the 8k sell wall. Usually only altcoins get these outrageous visible sell/buy walls, that will magically get eaten in an hour with a volume that equals the entire previous week.

Don't be surprised if soon, it seems like everyone suddenly will start "buying" that wall, and then, after the wall has been "bought", no rise will come, only a slow downfall Smiley

Exactly what im expecting. It drains all the fiat (or, in altcoin markets, most likely BTC).



Still over 7k btc of the wall left, 3k down.

$4.1m USD.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Was that all? I was expecting so much more.

there appears to be a bug in bitcoinity which makes this wall flash up and down when ever someone takes a bite.

its not over.
sr. member
Activity: 476
Merit: 250
The wall is there for it to disappear. We will head below 150 when it does.

You can never be 100% certain, but I'd say chances are good you will be disappointed if you're still hoping to get those 117 bids filled.
full member
Activity: 140
Merit: 100
banned but not broken
Hmm, interesting at stamp with the 8k sell wall. Usually only altcoins get these outrageous visible sell/buy walls, that will magically get eaten in an hour with a volume that equals the entire previous week.

Don't be surprised if soon, it seems like everyone suddenly will start "buying" that wall, and then, after the wall has been "bought", no rise will come, only a slow downfall Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if bitfinex uses stamp's liquidity why doesn't the 10K 7K order show up on bitcoinity

It showed the max liquidity -- was ~1300. Now it's gone. No more buys (on Stamp) from Bitfinex for now.

I see they can only offer as much as the fiat reserves they have there...

now they need to wire more cash. say oh idk about 5million  Tongue
sr. member
Activity: 476
Merit: 250
Was that all? I was expecting so much more.
legendary
Activity: 896
Merit: 1000
Even if the wall goes down, thats $6mill of money on the sidelines taken away. Its not a good thing no matter what happens. Unlikely the whale would re enter.
legendary
Activity: 2338
Merit: 1035
seems quite many people are buying into it  Cool

bullish
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
The wall is there for it to disappear. We will head below 150 when it does.
sr. member
Activity: 350
Merit: 250
is that wolong playing on bitstamp? shakeout phase?
member
Activity: 98
Merit: 10

Max I wonder how many bots look into the open order book too, besides your good point on cross exchanges.  For someone with some coin to risk and some guts, they might be testing thresholds/dumbness on bots looking at the order book?
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
fake wall #Mt. Gox
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if bitfinex uses stamp's liquidity why doesn't the 10K 7K order show up on bitcoinity
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
The market wants to go UP. That wall will get eroded faster and faster..
legendary
Activity: 896
Merit: 1000
Has there been a point in Bitcoin's history where it was as volatile as Goxcoin has been in the last 3 days? This is bizarre.

Yes. April 10.

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Has there been a point in Bitcoin's history where it was as volatile as Goxcoin has been in the last 3 days? This is bizarre.

pretty sure GOX is as crazy as it gets.
hero member
Activity: 840
Merit: 1000
Granted it could be some clueless chinese guy who did a simple order with default USD price, then he saw the price and thought that is way too few yuan mom, so he figured out a limit order after canceling the simple one.    so now he will never sell for 5 years maybe. Wink

It seems unlikely though becuase he did this price swing several times so it seems more like he/they is trying to manipulate people's behavior.  10K coins isn't enough to dent bitcoin, but he can fuck with stupid people's pysche's with it, at today's volumes.

Another interesting feature.

Is when MtGox started charging back up (with its 90% fake volume), all the other exchanges followed, but Bitstamp didn't budge which resulted in the 'recovery' charge being halted across all exchanges, since Bitcoin trading is largely automated with dumb bots all hooked up to cross exchange market action. In the meantime, dozens upon dozens of obviously bot triggered buy orders are nibbling the 10K sell order (which is now a 8K sell order) down.
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