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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32416. (Read 26470681 times)

legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
There goes the bidwall. Pulled for now or just ready for relocation?

You think anybody here would have the answer?

I thought some people here have all the answers.

 Wink Cheesy Grin
hero member
Activity: 672
Merit: 500
There goes the bidwall. Pulled for now or just ready for relocation?

You think anybody here would have the answer?
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
There goes the bidwall. Pulled for now or just ready for relocation?

Edit: LOL Walls a-dancin'.
legendary
Activity: 1400
Merit: 1013
Litecoin looks more and more doomed.
How can it be doomed? What about all the technical innovations that Litecoin brings? All of the transactions Litecoin can do that Bitcoin can't, the use cases where Bitcoin just isn't ready yet but Litecoin is? The superior software and support infrastructure compared to Bitcoin?

What did you say? Litecoin doesn't have any of those things?

Carry on then.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Litecoin looks more and more doomed.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
The ask walls on 'stamp look to be very ill-advised.
newbie
Activity: 51
Merit: 0
what the fuck just happened

Calm down, just a 50 cents move on Bitstamp and Btc-e, nothing to get excited about. But apparently on Mtgox times are tough, people willing to pay such a high premium.
newbie
Activity: 40
Merit: 0
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
what the fuck just happened

Medium whale gulp and bidwall. About half of what it took to break 100 from 94. Pretty predictable. Same modus operandi as was used to smash the other askwalls.
hero member
Activity: 672
Merit: 500
what the fuck just happened

You are new to Bitcoin i assume?
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
Somebody's tired of waiting for cheap coins.

These are cheap coins.

Unless you expect it to capitulate all the way down to $30-$50.   Grin
member
Activity: 98
Merit: 10
Gain more btc! https://satoshicircle.com/?aid=1718
what the fuck just happened
legendary
Activity: 1400
Merit: 1013
Somebody's tired of waiting for cheap coins.
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
Yes. It's about time.

Just what the doctor ordered.

We all knew it was coming but why did it take so long?

Happy day.
vip
Activity: 756
Merit: 503
Smell like 120 to me.
hero member
Activity: 672
Merit: 500
There we go.  Grin

25$ difference with Cavirtex.



No, we first need to hit 50 before we can go up. Just ask uber trader and millionaire Rampion.
And no, because we won't see triple digits again in 2013. Just ask our mod Blitz.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
vip
Activity: 756
Merit: 503
There we go.  Grin

25$ difference with Cavirtex.

hero member
Activity: 588
Merit: 500
Serious question: why ratio is important?

If someone puts 10m into orderbook on bid side at 90usd what difference does it make? There are no money deposits coming into mtgox so it does not mean that there is money flowing into mtgox, so what is its significance?

I consider this and other trading concepts all the time.

Who cares what the orderbook has in terms of depth past the first XXX number of orders on each side?
I mean, if someone is selling at $250 right now...it's of no consequence to anyone, same as if someone is buying at $90...their orders will probably not be filled in a time frame that influences the current price. I agree that it can embolden the bidders/sellers to be ahead of the wall on either side though. (But take that price pressure with a grain of salt.)

Also, in my opinion the top orders on the bid side are worth far more than the lowest orders on the sell side, why?

We hear all the time that bitcoin "is only worth what someone will pay for it", yet we rarely hear that bitcoin is worth "the lowest someone will sell it for"...something to consider. Depending on the price/buying momentum it CAN be worth the "lowest someone is willing to sell for" but that is a far more rare scenario to see that then the reverse.

Just some thoughts on speculation...
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