Why can't the bears and bulls call it a truce at $120 so we can all sleep...
surely $100 at least for a truce
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33450. (Read 26462071 times)
May 08, 2013, 03:24:04 PM
surely $100 at least for a truce
May 08, 2013, 03:23:49 PM
The market depth on Gox is really starting to look strong. It is like the opposite of before we took that dip on May 1st (looking at April 30th's numbers).
The bids at $70 are the 2nd highest I have recorded. They are at 125k, up from 109k yesterday (when I last checked). Nice sign.
The sells at $300 are slightly down by 2k from when I last checked yesterday. Not good nor bad.
And we are seeing those sell values in $ creeping up. All doing my best imitation of the Bitcoinchannel.com guy.
Yeah, the manipulation can get the better of things and twist the numbers but things are looking overall good. Anyone else?
IAS
The bids at $70 are the 2nd highest I have recorded. They are at 125k, up from 109k yesterday (when I last checked). Nice sign.
The sells at $300 are slightly down by 2k from when I last checked yesterday. Not good nor bad.
And we are seeing those sell values in $ creeping up. All doing my best imitation of the Bitcoinchannel.com guy.
Yeah, the manipulation can get the better of things and twist the numbers but things are looking overall good. Anyone else?
IAS
May 08, 2013, 03:18:28 PM
Why can't the bears and bulls call it a truce at $120 so we can all sleep...
LOL why not $100?....a truce but give one side a better deal? haha
May 08, 2013, 03:09:58 PM
Why can't the bears and bulls call it a truce at $120 so we can all sleep...
May 08, 2013, 03:07:33 PM
May 08, 2013, 03:06:21 PM
which chart do you all use?
i use:
http://bitcoinium.com/
http://bitcoinity.org/markets/mtgox/USD
http://bitcoin.clarkmoody.com/
but I'm not a fulltime trader just getting in the game from time to time.
best one for trading is perhaps:
http://btccharts.com/
but you have to pay for use after some time.
May 08, 2013, 03:06:13 PM
The wall was 10k actually then 5k then 0
Maybe he changed his mind and is going for a market order?
Maybe he changed his mind and is going for a market order?
May 08, 2013, 03:04:25 PM
go team red, wanna see 106,50 ...
May 08, 2013, 03:01:35 PM
The bid wall at 114 was built up piece by piece to exactly 5k. To me this implies that it is fake.
The wall disappeared in less than 1 second when we hit 114.01000I'm amused by this ultra low latency.
It was something like 200ms, i was watching it live. I didn't tough it was possible to do something like that... They must have their servers in Japan themselves.
High-frequency trading @ mtgox guys!
May 08, 2013, 03:00:17 PM
which chart do you all use?
May 08, 2013, 02:58:56 PM
aaannnddd.... it's gone.
May 08, 2013, 02:58:10 PM
5,000 BTC wall.
LOL
LOL
May 08, 2013, 02:57:23 PM
I guess we'll find out how fake the wall is if someone ships in a 3k market sell and we drop beneath 110.
May 08, 2013, 02:56:52 PM
Monster bid walls say hello
are they fake? orrr
Yep, Its our old 5k / multiple 1k JOKER are they fake? orrr
May 08, 2013, 02:55:36 PM
The bid wall at 114 was built up piece by piece to exactly 5k. To me this implies that it is fake.
May 08, 2013, 02:55:07 PM
What does it say when everyone already thinks that it's going to go up?
sorry to dig out an old post, but this is interesting...
People tend to make themselves believe it's going to go "their way" (wishful thinking). So this might mean that many have bought and are now waiting (predicting) and upward move.
If many have bought already, not many more can buy, but many can sell.... go figure.
Of course, I have yesterday and today sold a little bit, so this post itself might well be wishful thinking
It's difficult to trade with one alone
May 08, 2013, 02:53:21 PM
May 08, 2013, 02:50:14 PM
Monster bid walls say hello
are they fake? orrr
are they fake? orrr
May 08, 2013, 02:45:08 PM
188k BTC to $50, haven't seen it this high since the rally a few weeks ago to $166.
May 08, 2013, 02:37:03 PM
What does it say when everyone already thinks that it's going to go up?
sorry to dig out an old post, but this is interesting...
People tend to make themselves believe it's going to go "their way" (wishful thinking). So this might mean that many have bought and are now waiting (predicting) and upward move.
If many have bought already, not many more can buy, but many can sell.... go figure.
Of course, I have yesterday and today sold a little bit, so this post itself might well be wishful thinking
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