Wow, did you see the guy doing a market order buy for almost 3K coins? He move the price almost $10
This market is so illiquid it's like a joke!!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33677. (Read 26461992 times)
April 25, 2013, 01:58:15 PM
April 25, 2013, 01:57:12 PM
Bada-Booom eat that green bar bears 
April 25, 2013, 01:56:41 PM
Wow, just wow, missed the screenshot though, sorry. Big buy.
April 25, 2013, 01:56:14 PM
here come the panic sellers
Not yet. The price still might to rise to 200 first.
April 25, 2013, 01:55:30 PM
we are going back to $120 before sunday
April 25, 2013, 01:55:15 PM
here come the panic sellers
Didn't they already sell yesterday?
Most of that was profit taking.
April 25, 2013, 01:54:52 PM
here come the panic sellers
Didn't they already sell yesterday?
That was only the first wave.
April 25, 2013, 01:54:36 PM
Free Pro tips for today: its going down.
April 25, 2013, 01:52:56 PM
here come the panic sellers
Didn't they already sell yesterday?
April 25, 2013, 01:52:06 PM
Pshh... didn't even make 7K btc
April 25, 2013, 01:51:42 PM
The crash/correction was trigger by some gradual downward selling that caused severe lag that in turn caused panic/lag selling. By the time we'd fallen from 266 to 220, there was like 40 minutes of lag and two or so hours had passed since the downward pressure began. While watching live I saw thousands upon thousands of sell orders go through. It wasn't a single 69k order from above 200 that sent us down, it would have taken us down instantly, not gradually over three hours as you can see in the chart below.
There is no 69k single order of coins sold on this chart:
http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-04-10zeg2013-04-11ztgSzm1g10zm2g25zv
There is no 69k single order of coins sold on this chart:
http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-04-10zeg2013-04-11ztgSzm1g10zm2g25zv
I saw that dump, and I can guarantee I was not the only one
Many had my eyes on the chart at that particular time and i can also guarantee you there was no single dump. Furthermore its not even possible to confirm that its only from one person/account from charts! Simply, the lag caused all sell orders to get executed "in bundle"
I know the dump that Rampion is talking about. I did not see it when it happened, but on the Clarkmoody charts later. It was about 7:00 pm pacific time on the 11th, way after the start of the crash. The really weird thing is that when I was looking at it originally, I saw volume of 65k but I checked it again later on, and it no longer showed 65k, I don't know what happened there. On the 15 minute scale on Clarkmoody, it shows a volume of 21k and it took the price from $118 to $65. It was an extremely significant sell, but was in no way the cause of the crash. It came after Gox was shut down and reopened. Did it contribute to how far down we went? Of course, so does every sell, but there was no additional panic caused. I would even say that the reason for so much slippage was because people had already pulled their bids because of the crash that was already in place.
April 25, 2013, 01:50:57 PM
here come the panic sellers
April 25, 2013, 01:40:43 PM
Boom.
April 25, 2013, 01:26:31 PM
extremly low volume. Its mean that crash is just around the corner.
So when the price goes up to $165-170 can I point out how wrong you were? You can point out whatever in this thread but nobody would read it as the thread is tooooooo fast.
I want additional buttons for users here like the ignore button. Market expert, Manipulator and Clueless idiot. These buttons and the resulting feedback could be hidden outside the speculation subforum.
Ohh people will remember and they will point it out!
April 25, 2013, 01:01:48 PM
extremly low volume. Its mean that crash is just around the corner.
So when the price goes up to $165-170 can I point out how wrong you were? You can point out whatever in this thread but nobody would read it as the thread is tooooooo fast.
I want additional buttons for users here like the ignore button. Market expert, Manipulator and Clueless idiot. These buttons and the resulting feedback could be hidden outside the speculation subforum.
that would be awesome.
April 25, 2013, 01:00:41 PM
extremly low volume. Its mean that crash is just around the corner.
So when the price goes up to $165-170 can I point out how wrong you were? You can point out whatever in this thread but nobody would read it as the thread is tooooooo fast.
I want additional buttons for users here like the ignore button. Market expert, Manipulator and Clueless idiot. These buttons and the resulting feedback could be hidden outside the speculation subforum.
April 25, 2013, 12:59:30 PM
Miniwall at 151 removed.
April 25, 2013, 12:53:53 PM
extremly low volume. Its mean that crash is just around the corner.
So when the price goes up to $165-170 can I point out how wrong you were? April 25, 2013, 12:51:32 PM
extremly low volume. Its mean that crash is just around the corner.
April 25, 2013, 11:59:03 AM
Not much happening. Care for a recap of recent events in non-vertigo-inducing log scale?
This chart is where its at.
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