Interesting, there is a bidwall of 3000 on Gox at 105.
And a mini one on Bitstamp still of 700 or so.
And a mini one on Bitstamp still of 700 or so.
I think that's called wishful thinking.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32979. (Read 26466957 times)
June 13, 2013, 05:12:00 PM
I think that's called wishful thinking.
June 13, 2013, 05:05:24 PM
new ask wall 500BTC @ 108.49
time to panic sell?
Did you give up your $180 prediction time to panic sell?
no, I still believe!
do you?
i think most of the resistance will be here at 108ish, once everyone has sold, we can take off, so please bears, sell now
June 13, 2013, 05:05:03 PM
Interesting, there is a bidwall of 3000 on Gox at 105.
And a mini one on Bitstamp still of 700 or so.
And a mini one on Bitstamp still of 700 or so.
June 13, 2013, 05:00:32 PM
June 13, 2013, 05:00:20 PM
new ask wall 500BTC @ 108.49
time to panic sell?
Did you give up your $180 prediction time to panic sell?
no, I still believe!
do you?
i think most of the resistance will be here at 108ish, once everyone has sold, we can take off, so please bears, sell now
June 13, 2013, 04:55:52 PM
new ask wall 500BTC @ 108.49
time to panic sell?
Did you give up your $180 prediction time to panic sell?
June 13, 2013, 04:54:51 PM
new ask wall 500BTC @ 108.49
time to panic sell?
time to panic sell?
June 13, 2013, 04:51:20 PM
Is it just me or this canyon has gotten a tad steeper if compared to few days ago?
this will show you all the wall pic posted
and yes, depth is filling in quite nicely.
June 13, 2013, 04:50:46 PM
It's just lo-fi pattern recognition, but every time things have flattened out like this in the last 3 weeks we've dropped - this is tracking Goomboos 10/21
http://s11.postimg.org/d8aicwl83/Screen_Shot017.jpg
Looking forward to the weekend
http://s11.postimg.org/d8aicwl83/Screen_Shot017.jpg
Looking forward to the weekend
some tried to swim with the big fishie on the 7th, but he played on the 9th... so yeah, maybe Sunday this time, unless... not
My take is that I think the Whales know they're running out of time - not just because of difficulty and the Asics, but because of China. Obviously I know that the chips are made in China - but the market was made in the West - if adoption picks up in China then a lot of people with a different attitude to the dollar (and less "play" money) may start to discipline the exchanges. Just guessing
June 13, 2013, 04:48:06 PM
Is it just me or this canyon has gotten a tad steeper if compared to few days ago?
Is that a serious question? Is it just me or is it June 13th while few days ago the day could be expressed with a single digit? Fuck, I'm so observative.
June 13, 2013, 04:46:04 PM
To the moon!
June 13, 2013, 04:26:16 PM
It's just lo-fi pattern recognition, but every time things have flattened out like this in the last 3 weeks we've dropped - this is tracking Goomboos 10/21
Looking forward to the weekend
Looking forward to the weekend
some tried to swim with the big fishie on the 7th, but he played on the 9th... so yeah, maybe Sunday this time, unless... not
June 13, 2013, 04:21:49 PM
Is it just me or this canyon has gotten a tad steeper if compared to few days ago?
Is that a serious question? Is it just me or is it June 13th while few days ago the day could be expressed with a single digit? Fuck, I'm so observative.
must be the new glasses!
June 13, 2013, 04:21:02 PM
It's just lo-fi pattern recognition, but every time things have flattened out like this in the last 3 weeks we've dropped - this is tracking Goomboos 10/21
http://s11.postimg.org/d8aicwl83/Screen_Shot017.jpg
Looking forward to the weekend
http://s11.postimg.org/d8aicwl83/Screen_Shot017.jpg
Looking forward to the weekend
June 13, 2013, 04:19:29 PM
Is it just me or this canyon has gotten a tad steeper if compared to few days ago?
Is that a serious question? Is it just me or is it June 13th while few days ago the day could be expressed with a single digit? Fuck, I'm so observative.
June 13, 2013, 04:15:19 PM
Is it just me or this canyon has gotten a tad steeper if compared to few days ago?
June 13, 2013, 04:00:49 PM
June 13, 2013, 03:51:35 PM
I"ve only been around watching the BTC for the last 3 months, and one thing that stands out when zooming out to the full picture volumes where much higher when BTC was valued lower (and when there were less BTC minted). Now it takes less BTC from whales now to "move" the market. So maybe this is because there are more BTC in the market. Is that a good theory?
EDIT: My theory is probably wrong, but it's an interesting observation, and it would be good to see a chart that takes into account the available BTC participating in volume for such charts
EDIT: My theory is probably wrong, but it's an interesting observation, and it would be good to see a chart that takes into account the available BTC participating in volume for such charts
It's important to remember the value required to create volume in Bitcoin exchanges.
If Bitcoin is valued at $10, then $100 can move 10BTC, but if Bitcoin is valued at $100, then $100 will only move 1BTC.
On Bitcoincharts.com, at least, if you view all data, click the checkbox on the right to show "Volume in Currency"
That will illustrate the difference.
Yeah, that makes more sense, I did do a second edit suggesting that this might be a factor.
I think the chart would be interesting plotting that value on the right axis, with both charts having their logarithmic axis normalised (as they're not really the same charts atm).
I"ve only been around watching the BTC for the last 3 months, and one thing that stands out when zooming out to the full picture volumes where much higher when BTC was valued lower (and when there were less BTC minted). Now it takes less BTC from whales now to "move" the market. So maybe this is because there are more BTC in the market. Is that a good theory?
EDIT: My theory is probably wrong, but it's an interesting observation, and it would be good to see a chart that takes into account the available BTC participating in volume for such charts
you're confusing me, and that's my job...
In terms of the relationship to the price, using % volume would change the values but wouldn't affect the temporal relationship with the price....maybe.
It's late for me and I should have thought a little more before commenting. Off to bed.
June 13, 2013, 03:34:00 PM
A nice experiment would be to seperate two or more groups of (many) traders, give them the same data to start and see, if they would behave in the same way, but without knowing how the other group does. Both outcomes (they end up with the same result and or not) would tell much about the markets and trading altogether.
It's my opinion that moving away from stocks paying dividends has done much to remove useful indicators from the market.
June 13, 2013, 03:27:22 PM
I"ve only been around watching the BTC for the last 3 months, and one thing that stands out when zooming out to the full picture volumes where much higher when BTC was valued lower (and when there were less BTC minted). Now it takes less BTC from whales now to "move" the market. So maybe this is because there are more BTC in the market. Is that a good theory?
EDIT: My theory is probably wrong, but it's an interesting observation, and it would be good to see a chart that takes into account the available BTC participating in volume for such charts
you're confusing me, and that's my job...
In terms of the relationship to the price, using % volume would change the values but wouldn't affect the temporal relationship with the price....maybe.
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