Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31640.

barbs

hero member

Activity: 854

Merit: 1000

Quote from: bnjmnkent on November 28, 2013, 08:26:36 PM

Quote from: barbs on November 28, 2013, 08:17:18 PM

how am i supposed to sleep when i can just make money???

I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out

It is obviously not free. You are enslaved and forced not to sleep.

truth.

I'm getting tired now and will make mistakes, just added another 0.1 BTC to my stash, thats it for tonight.

PLEASE DONT CRASH THE MARKET - if you are gentle with it, it will pay off far longer than a quick buck this weekend. thanks MR whale

Barbs

bnjmnkent

full member

Activity: 196

Merit: 100

Quote from: barbs on November 28, 2013, 08:17:18 PM

how am i supposed to sleep when i can just make money???

I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out

It is obviously not free. You are enslaved and forced not to sleep.

kajigger

newbie

Activity: 26

Merit: 0

Please excuse my Question but what are those: 1e-8
in the mtgox ask/bid sales list.

amadeo

newbie

Activity: 26

Merit: 0

Quote from: barbs on November 28, 2013, 08:17:18 PM

how am i supposed to sleep when i can just make money???

I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out

LOL it is risky but you can always take advantage of this price manipulation.

barbs

hero member

Activity: 854

Merit: 1000

how am i supposed to sleep when i can just make money???

I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out

KieranJones1

member

Activity: 126

Merit: 10

I'm terrified about actually exchanging my BTC for fiat, but I managed to persuade myself to order a pizza using BTC a couple of hours ago. The place was out of Coke so they gave me a 70p refund when the food arrived.

Did I just sell someone 1mBTC? Tongue

DaSheep

member

Activity: 112

Merit: 10

tradingview Wink

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: DaSheep on November 28, 2013, 08:07:24 PM

Quote from: Vigil on November 28, 2013, 08:05:11 PM

Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.

check this: https://www.tradingview.com/v/i4E9jlCr/
it chaged since back then though

Interesting. What did you use to illustrate that?

Quote

so is that your bot pushing the price up and up and leaving me behind, Vigil? Sad

I wish.

Quote from: amadeo

Very nice illustration actually. So the point is that somebody is pumping the price and then selling to make profit and repeat?
This price manipulation is not good for bitcoin Angry

Thanks. Yes, the force sell-outs on that large dip and buy up and sell multiple times then increase the price and repeat. It isn't good, you're right. It means that there is someone or some group who has enough Bitcoins to manipulate one of the largest exchanges.

kajigger

newbie

Activity: 26

Merit: 0

Its always exciting. You really don't know if it drops again fast after a fast rise back. Can't wait till the wait for me.jpg

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

amadeo

newbie

Activity: 26

Merit: 0

Quote from: Vigil on November 28, 2013, 08:05:11 PM

Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.

Very nice illustration actually. So the point is that somebody is pumping the price and then selling to make profit and repeat?
This price manipulation is not good for bitcoin Angry

oroboras

full member

Activity: 238

Merit: 100

so is that your bot pushing the price up and up and leaving me behind, Vigil? Sad

DaSheep

member

Activity: 112

Merit: 10

Quote from: Vigil on November 28, 2013, 08:05:11 PM

Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.

check this: https://www.tradingview.com/v/i4E9jlCr/
it chaged since back then though

Vigil

sr. member

Activity: 378

Merit: 250

Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.

The circle in the lower left shows to clear consecutive repetitions. After this there is a lot of buying and then the pattern resumes clearly in the upper right circle once the "external" buying/selling volume dies off.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: bnjmnkent on November 28, 2013, 07:48:10 PM

MtGox bot, I command you: drop hard to 1030.5, then go back to 1080+, NOW.

Its working on bringing the price back up now. It basically brings the price up, sells off to form a small valley and then a small buy-back and a large sell-off, then repeats all over again. Its been working for the last week. Even with the large run-up to 1200 the bot was working. Once the large buying pressure lets off you can see the pattern clearly.

oroboras

full member

Activity: 238

Merit: 100

oh, you can copy/paste. I was trying to CRTL V, to paste, but it wasn't letting me. At least I know I can do it the right click method.
Cheers for that. It will speed up my trading.

DaSheep

member

Activity: 112

Merit: 10

Quote from: bnjmnkent on November 28, 2013, 07:48:10 PM

MtGox bot, I command you: drop hard to 1030.5, then go back to 1080+, NOW.

ok

bnjmnkent

full member

Activity: 196

Merit: 100

MtGox bot, I command you: drop hard to 1030.5, then go back to 1080+, NOW.

gtabmx

newbie

Activity: 49

Merit: 0

Quote from: oroboras on November 28, 2013, 07:42:51 PM

What frustrates me about the UI is that I have exactly 0.71480550 BTC, and when I type in that I want to sell 0.71480550 BTC, it says I don't ahve enough funds to proceed.

THAT is why the new UI sucks. Oh, and also how you can't copy/paste values any more. That makes everything so slow.

Also, copy paste does work and you should make sure you don't have any opened or pending orders.

Vigil

sr. member

Activity: 378

Merit: 250

Well, I can see that algo-trader is still at work on Gox. At least you can tell when the pumps and sell-offs are coming.

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