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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32649. (Read 26686406 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 896
Merit: 1000
This waiting game is awful. No whale bidwalls to re-assure us; no whale asks to scare us. Nothing. Its just a game of waiting for the first massive market order followed by a wall. Market buys that dont cleanly take us over 150 seem irrelevant to the market right now. So, if the price really does go up, its probably going to have a bid wall on 150, leaving anyone who sold below 150 stuck buying back at a loss if they desire.

And I'd imagine if someone decides its time to go down, we'll have a nice ask on 140, since there is no depth below that.

A 10k sell takes the price to 130.. another 10k? 119... Another? 110. No depth above 120. Its just weird it hasnt filled in at all over these past few days. Murky waters are expected following such huge price changes, but its had time to build.


Anyone have some opinions? Is this just a 125 repeat where just when market sentiment flips, "they" buy, or are "they" done?

legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
i think this is the first gray daily candle ever!

I think you're right. Unless you count when Gox was down for a couple of days after the 2011 bubble burst.

Yes. And the eight-hour gox-grey candle during the 2013 burst too.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
i think this is the first gray daily candle ever!

I think you're right. Unless you count when Gox was down for a couple of days after the 2011 bubble burst.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 371
Merit: 250
volume in chinese bitcoin markets 14250 (around) data from -> http://btckan.com/price (translate with google translate if needed)
volume in mtgox 15744
volume in bitstamp 11780
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Flat day at MtGox.



Calm before the storm?

Was that a grey candle?

Start - 144

Close - 144

Indeed a rare grey candle.
rare indeed

i think this is the first gray daily candle ever!
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Flat day at MtGox.



Calm before the storm?

Was that a grey candle?

Start - 144

Close - 144

Indeed a rare grey candle.
sr. member
Activity: 280
Merit: 250
Flat day at MtGox.



Calm before the storm?

Was that a grey candle?
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Flat day at MtGox.



Calm before the storm?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 533
Merit: 539
Has anyone noticed all this automated bot activity lately?  5 rapid fire trades at a time, both up and down, 1 BTC - 0.01 BTC at a time.  Meanwhile large orders on the buy and sell side repeatedly appear and disappear within seconds, always at the same location and for roughly the same amounts.

Someone needs to tweak their bots.

Snapshot: http://imgur.com/sa11LVq

What's interesting to me is that even though the log will show 5 trades, the order book will only show 1 of them actually making a deduction to the leading order at the time.  So while it looks like 5 btc is being sold at a time, its only 1 btc.

The only way I figure they're doing this is to add 4 BTC to the bid order at precisely the same time that they add to the sell order, thus it "looks' like more volume is getting pumped through.  Someone must be paying through the nose in trading fees to do this.

Thats an issue of clarkmoody´s site, happened to me sometimes too.
Have nothing to do with bots.
Use i286(free), there is no such problem: http://trading.i286.org/mtgox/?item=btc¤cy=usd
or rtbtc.com (cost ~0.09BTC/month)
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
  Someone must be paying through the nose in trading fees to do this.
If it was MtGox they'd just be spending their own money while increasing volume. Hmmm.
sr. member
Activity: 367
Merit: 250
Find me at Bitrated
Has anyone noticed all this automated bot activity lately?  5 rapid fire trades at a time, both up and down, 1 BTC - 0.01 BTC at a time.  Meanwhile large orders on the buy and sell side repeatedly appear and disappear within seconds, always at the same location and for roughly the same amounts.

Someone needs to tweak their bots.

Snapshot: http://imgur.com/sa11LVq

What's interesting to me is that even though the log will show 5 trades, the order book will only show 1 of them actually making a deduction to the leading order at the time.  So while it looks like 5 btc is being sold at a time, its only 1 btc.

The only way I figure they're doing this is to add 4 BTC to the bid order at precisely the same time that they add to the sell order, thus it "looks' like more volume is getting pumped through.  Someone must be paying through the nose in trading fees to do this.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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