Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33620.

Richy_T

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Quote from: notme on May 09, 2013, 09:47:27 AM

Quote from: molecular on May 09, 2013, 09:39:08 AM

Quote from: blackreplica on May 09, 2013, 08:30:39 AM

How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266?

Mere coincidence or divine forces at work? Cheesy

There's nothing "divine" about a month, though. arbitrary human construct, no?

Maybe not divine, but a month is not arbitrary. It is based on the lunar cycle.

And the whims of Roman emperors.

Its About Sharing

legendary

Activity: 1442

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Antifragile

Wow, it is amazing to not see all those small orders going by. Looks more orderly. Stupid Question - The volume is not trades, but rather total BTC traded, right?

You know, to be honest, I think we are better off without the large bot trades. BTC is about a new form of money and if turns into machine traders then that is against what we are in a sense.

Quantum_Negatum

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Quote from: blackreplica on May 09, 2013, 09:46:28 AM

If this is true im floored by how much bots contribute to volume. I must be a dinosaur here, tradingwith my brain, eyes and mouse

I'm not surprised at all. The extent of bot control over the market is readily apparent by watching the moving walls on the Moody ticker.

Bitcoin's capitulation period will coincide with the realization that it is being pumped just like the alt-coins on BTCe.

wachtwoord

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Quote from: blackreplica on May 09, 2013, 09:48:11 AM

Quote from: notme on May 09, 2013, 09:47:27 AM

Quote from: molecular on May 09, 2013, 09:39:08 AM

Quote from: blackreplica on May 09, 2013, 08:30:39 AM

How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266?

Mere coincidence or divine forces at work? Cheesy

There's nothing "divine" about a month, though. arbitrary human construct, no?

Maybe not divine, but a month is not arbitrary. It is based on the lunar cycle.

Thank you, was just about to post this

Based on but not equal. The lunar cycle is 29.53059 days, while no month is.

Geist

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Activity: 70

Merit: 10

Quote from: seleme on May 09, 2013, 09:45:40 AM

Quote from: Jaques on May 09, 2013, 09:42:53 AM

Risto got his 700 btc ...
now worth 76,693.08 USD
92,000 was what he paid
(+ bank fees for sure)

When he sell them for 300k a piece in November and bank 200 millions you'd wish you haven't posted this Grin

If he has any bitcoin when it hits $300k I'm sure what he posted in May will be the least of his concern.

blackreplica

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Activity: 224

Merit: 100

Quote from: notme on May 09, 2013, 09:47:27 AM

Quote from: molecular on May 09, 2013, 09:39:08 AM

Quote from: blackreplica on May 09, 2013, 08:30:39 AM

How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266?

Mere coincidence or divine forces at work? Cheesy

There's nothing "divine" about a month, though. arbitrary human construct, no?

Maybe not divine, but a month is not arbitrary. It is based on the lunar cycle.

Thank you, was just about to post this

notme

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Activity: 1904

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Quote from: molecular on May 09, 2013, 09:39:08 AM

Quote from: blackreplica on May 09, 2013, 08:30:39 AM

How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266?

Mere coincidence or divine forces at work? Cheesy

There's nothing "divine" about a month, though. arbitrary human construct, no?

Maybe not divine, but a month is not arbitrary. It is based on the lunar cycle.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Jaques on May 09, 2013, 09:42:53 AM

Risto got his 700 btc ...
now worth 76,693.08 USD
92,000 was what he paid
(+ bank fees for sure)

They're not worth ~77k US today, he can sell them today for that amount. They are worth considerably more

Richy_T

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Activity: 2576

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Quote from: molecular on May 09, 2013, 09:44:36 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

my "client" is effectively disabled. can't do api calls at all. don't know what to do to get around cloudfare ddos protection stuff. apparently this: http://blog.cloudflare.com/introducing-im-under-attack-mode got activated.

crap, it's true. probably many bots are disabled. let's see what the humans do... probably not much.

Try disabling certificate checking.

blackreplica

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If this is true im floored by how much bots contribute to volume. I must be a dinosaur here, tradingwith my brain, eyes and mouse

seleme

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Duelbits.com

Quote from: Jaques on May 09, 2013, 09:42:53 AM

Risto got his 700 btc ...
now worth 76,693.08 USD
92,000 was what he paid
(+ bank fees for sure)

When he sell them for 300k a piece in November and bank 200 millions you'd wish you haven't posted this Grin

jasonjm

hero member

Activity: 1288

Merit: 524

Buzz App - Spin wheel, farm rewards

bitcoin market is so thin I am still surprised

right now when i buy or sell 500 coins it can really move bitcoin around, sometimes 2%

if I changed that to 2000 coins, some people on this thread would probably call it a "mini wall" on the graphs

2000 coins at market would often move bitcoin 4% is my guess.

wondering what would have more effect on making the market go my way, walking it up or down, or just making my own mini wall?

molecular

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Activity: 2772

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Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

my "client" is effectively disabled. can't do api calls at all. don't know what to do to get around cloudfare ddos protection stuff. apparently this: http://blog.cloudflare.com/introducing-im-under-attack-mode got activated.

crap, it's true. probably many bots are disabled. let's see what the humans do... probably not much.

Jaques

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Risto got his 700 btc ...
now worth 76,693.08 USD
92,000 was what he paid
(+ bank fees for sure)

Odalv

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Activity: 1414

Merit: 1000

Game over, new equilibrium has been found. :-)

Richy_T

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Quote from: el_rlee on May 09, 2013, 09:30:22 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

Not to my knowledge. I guess there are simply no buy/sell signals for the bots.
What should a bot do if the market is moving sideways?

The error I'm getting with my bot is certificate verification failed. God only knows what they're up to.

Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.

molecular

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Activity: 2772

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Quote from: blackreplica on May 09, 2013, 08:30:39 AM

How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266?

Mere coincidence or divine forces at work? Cheesy

There's nothing "divine" about a month, though. arbitrary human construct, no?

Quantum_Negatum

member

Activity: 84

Merit: 10

Once the masses realize how important the bots are in pumping up the price to artificial levels, they will beg Gox to turn the bots back on.

Richy_T

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Quote from: wachtwoord on May 09, 2013, 09:18:46 AM

Quote from: TiagoTiago on May 09, 2013, 09:15:16 AM

Quote from: fourkey2001 on May 09, 2013, 08:59:43 AM

What does slippage mean on theBTC clarkmoody page?

I think its how much money is wasted due to rounding error...not sure though...

Nah, if you buy you buy from the asks but you cannot simply multiple the ask price with the amount of Bitcoins you want to buy if the number of Bitcoins you wish to buy exceeds the number of Bitcoins offered at that ask price. Slippage shows how much more you have to pay over the current market price to get the number of Bitcoins you wish to acquire.

The same holds true for the selling side of course

Yeah, I think the rounding error is the plot to Superman 3.

molecular

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Activity: 2772

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Quote from: cerebellum on May 09, 2013, 08:19:22 AM

RSI flatline at exactly 50, with ridiculously low volumes. I don't know what to think.
This being Bitcoin, it has to mean that something is about to get kicked loose, right?

Yes, I think so. However, it's also a christian holiday today as you might be aware.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33620. (Read 26495559 times)