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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33204. (Read 26711605 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
hero member
Activity: 518
Merit: 500
Maybe gox testing new engine?  Grin

^^^ Not a bad theory

Yeah, quite possible (or at least Gox doing some tests):

https://www.facebook.com/MtGox/posts/485909238160155

(posted 8 minutes ago)

So, they really do something?  Shocked
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
legendary
Activity: 896
Merit: 1000
Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...


Playing with MILLIONS of dollars......wastes time reading bitcointalk forums.

Makes total sense Roll Eyes

If I were the one playing, I would love nothing more than to watch live the reactions of you all......


Same here.

I wish the mogsta barometer was still useful. Its saying 6k of sells and 5k of buys for the last couple of hours  Roll Eyes

105 wall [ask] is up to 4200 [700 eaten]
105 wall [bid] is slightly smaller at 1300 [1900 added, and then eaten]
sr. member
Activity: 434
Merit: 250
Maybe gox testing new engine?  Grin

^^^ Not a bad theory

Yeah, quite possible (or at least Gox doing some tests):

https://www.facebook.com/MtGox/posts/485909238160155

(posted 8 minutes ago)
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Sandwiched between two walls at 104.85~ and 105.01

How amusing
104.9 and 105
legendary
Activity: 1400
Merit: 1013
Personally I just bought 30BTC on Campbx for $98 and can't get them to Gox fast enough to sell before we see $100 again. I would love to make a quick 3 BTC before bed.
1. Sell Bitcoins on LocalBitcoins using a formula that references Mt Gox price.
2. Use the money from the sales to purchase more bitcoins either via Coinbase or CampBX.
3. ? ? ?
4. Profit
sr. member
Activity: 266
Merit: 250
Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...


Playing with MILLIONS of dollars......wastes time reading bitcointalk forums.

Makes total sense Roll Eyes

If I were the one playing, I would love nothing more than to watch live the reactions of you all......
member
Activity: 84
Merit: 10
Sandwiched between two walls at 104.85~ and 105.01

How amusing
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.

How? With this lag?

There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.

If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.



Ah well i'm looking at a chart. Not on Gox itself and it shows prices all over the place and quite some lag.

What do you mean by lag?
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.

How? With this lag?

There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.

If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.



Your risk return spectrum is a little wide for me.

What do you mean? You would go with less bids and asks in front of you? I mean, that usually makes sense.. but the volume was so absurdly high, even 5k on both sides would have gotten you some returns. 1-2k seems like a "safe" point to me, you are not subject to a random 500 sell amongst 50000 of buys, or the opposite... without being so far behind that you miss the majority of the action.

If you only knew for sure. That can easily backfire too. Hindsight is 20-20
hero member
Activity: 980
Merit: 1001
Personally I just bought 30BTC on Campbx for $98 and can't get them to Gox fast enough to sell before we see $100 again. I would love to make a quick 3 BTC before bed.
member
Activity: 84
Merit: 10
Almost no Gox lag at that ridiculous volume is definitely not how it used to be. You used to get like 30s of trade engine lag for at least 2 minutes every 2k BTC sell off.
hero member
Activity: 980
Merit: 1001
Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...


Playing with MILLIONS of dollars......wastes time reading bitcointalk forums.

Makes total sense Roll Eyes

What would you do differently with millions of dollar?
Go into a super VIP speculation forum?  Cheesy

I wouldn't be speculating. I'd be the market maker.
hero member
Activity: 980
Merit: 1001
sr. member
Activity: 434
Merit: 250
Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...


Playing with MILLIONS of dollars......wastes time reading bitcointalk forums.

Makes total sense Roll Eyes

What would you do differently with millions of dollar?
Go into a super VIP speculation forum?  Cheesy
legendary
Activity: 896
Merit: 1000
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.

How? With this lag?

There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.

If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.



Ah well i'm looking at a chart. Not on Gox itself and it shows prices all over the place and quite some lag.

What do you mean by lag?
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.

How? With this lag?

There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.

If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.



Your risk return spectrum is a little wide for me.

What do you mean? You would go with less bids and asks in front of you? I mean, that usually makes sense.. but the volume was so absurdly high, even 5k on both sides would have gotten you some returns. 1-2k seems like a "safe" point to me, you are not subject to a random 500 sell amongst 50000 of buys, or the opposite... without being so far behind that you miss the majority of the action.
hero member
Activity: 980
Merit: 1001
Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...


Playing with MILLIONS of dollars......wastes time reading bitcointalk forums.

Makes total sense Roll Eyes
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.

How? With this lag?

There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.

If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.



Your risk return spectrum is a little wide for me.
hero member
Activity: 672
Merit: 500
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.

How? With this lag?

There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.

If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.



Ah well i'm looking at a chart. Not on Gox itself and it shows prices all over the place and quite some lag.
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