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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31240. (Read 26611013 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
full member
Activity: 168
Merit: 100
We should call it the rise of the simpsons.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
First proper bite out of the 820 wall.

Nom nom.
full member
Activity: 192
Merit: 100
Futures have collapsed, dealing only +120 above spot when it had been dealt like +800 at the top.

I am not as familiar with futures market analysis. Can you expand on what this means?

Check out:  https://icbit.se/WebTrade/Trading.aspx?s=BUH4

That's the march contract, highest volume contract on the site. The spread between Gox Price and March contract has been of interest to me. Currently trading "only" $120 over current gox price, when it had been trading as high as $2000, when gox was ~$1200, ie an $800 difference.


Icbit.se FAQ: https://bitcointalksearch.org/topic/unofficial-icbit-btc-futures-trading-help-faqs-164255

I appreciate the insight, thank you.
full member
Activity: 168
Merit: 100
Were I a manipulator I would think of crowd psychology.   Guarantee folks will be taking a look at the exchanges after simpsons.   Give them a good upwards show!   Smiley.
legendary
Activity: 1320
Merit: 1007
so i checked, and its on at 11:30 pm on NBC?


is that not late for a cartoon?

730 pm central time
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Futures have collapsed, dealing only +120 above spot when it had been dealt like +800 at the top.

I am not as familiar with futures market analysis. Can you expand on what this means?

Check out:  https://icbit.se/WebTrade/Trading.aspx?s=BUH4

That's the march contract, highest volume contract on the site. The spread between Gox Price and March contract has been of interest to me. Currently trading "only" $120 over current gox price, when it had been trading as high as $2000, when gox was ~$1200, ie an $800 difference.


Icbit.se FAQ: https://bitcointalksearch.org/topic/unofficial-icbit-btc-futures-trading-help-faqs-164255
full member
Activity: 168
Merit: 100

Nice, he just said bad luck in the bitcoin market so that is not so bad Smiley
legendary
Activity: 1168
Merit: 1000
Apparently the simpsons reference is negative in that someone lost money in a crash.

Thats bullish. It means it is going mainstream, and for it to grow there has to be fear, caution and negativity in the air.

The more "positive" the mainstream is, the closer is market saturation which means "time to sell"

Krusty should have held.

Strong clown hands Krusty!

I never would have thought Krusty to have a strong hand..
hero member
Activity: 826
Merit: 501
in defi we trust
Apparently the simpsons reference is negative in that someone lost money in a crash.

How many people do you think bought an i-pod after the Mapple episode? Smiley
full member
Activity: 230
Merit: 100
Apparently the simpsons reference is negative in that someone lost money in a crash.

Thats bullish. It means it is going mainstream, and for it to grow there has to be fear, caution and negativity in the air.

The more "positive" the mainstream is, the closer is market saturation which means "time to sell"

Krusty should have held.

Strong clown hands Krusty!
full member
Activity: 189
Merit: 100
Hello


Could someone explain in simpleton terms this type of chart please.  I have seen it 100's of times but never understood it.

bid and ask depth of an exchange

Thank You!

So from the chart it means there are more people waiting to sell above the current price than there are people wanting to buy below the current price?

Is the chart Gox or another exchange ?

It gives a vague idea but it must be interpreted as such, going by the order book on gox, there is 10,000 buy orders placed down to 650$ on the ask side there is 10,000 coins available up to 1100$
legendary
Activity: 1168
Merit: 1000
Apparently the simpsons reference is negative in that someone lost money in a crash.

Yes..  A common jab (Bitcoin's "riskiness").  Most people seem to like to think that you can make sizable returns on your investment without taking any risks.. lol
full member
Activity: 192
Merit: 100
Futures have collapsed, dealing only +120 above spot when it had been dealt like +800 at the top.

I am not as familiar with futures market analysis. Can you expand on what this means?
full member
Activity: 238
Merit: 100
C'mon, wake up!!!

full member
Activity: 168
Merit: 100
BREAKING NEWS:  Krusty the clown mentions Bitcoin on the Simpsons.

Updating Price Target: $2200 by Christmas
True story?

According to about 19 Reddit posts, yes.. true storaayy

Freakay!



links at all? i feel like im being trolled

http://www.reddit.com/r/Bitcoin/comments/1sfc4u/simpsons_mention_bitcoin/

Likely legit.   I see an episode description that describes Krusty financial problems.

"Principal Skinner gives the students a blank slate and promises the best-behaved among them can ride in a submarine; Lisa tries to help Krusty with his financial problems."

legendary
Activity: 1148
Merit: 1018
Apparently the simpsons reference is negative in that someone lost money in a crash.

Thats bullish. It means it is going mainstream, and for it to grow there has to be fear, caution and negativity in the air.

The more "positive" the mainstream is, the closer is market saturation which means "time to sell"
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