Bid sum has just easily reached the pre-crash value. But this time, the price is $85/BTC instead of $266 
But rising quickly!
~30 seconds lag on gox
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33754. (Read 26462807 times)
April 17, 2013, 05:53:10 AM
But rising quickly!
~30 seconds lag on gox
April 17, 2013, 05:41:54 AM
Bid sum has just easily reached the pre-crash value. But this time, the price is $85/BTC instead of $266
But rising quickly!
April 17, 2013, 05:37:20 AM
Bid sum has just easily reached the pre-crash value. But this time, the price is $85/BTC instead of $266
April 17, 2013, 05:18:58 AM
April 17, 2013, 05:17:38 AM
Can it be possible that there are still alot of new buyers coming in but we haven't seen a significant price rise because there are alot of people still dumping BTCs? And if they stop dumping because they see the price stabilizing that we will quickly come up near pre-crash numbers?
April 17, 2013, 05:11:30 AM
According to Clark Moody a total of 2M BTC has been traded this week. The previous record was below 1M so this is certainly significant and could be an ATH which might hold for a very long time, if not forever.
On reddit there was an interesting analysis: http://www.reddit.com/r/Bitcoin/comments/1chtbu/highest_gox_trade_volume_ever_was_yesterday_april/
On reddit there was an interesting analysis: http://www.reddit.com/r/Bitcoin/comments/1chtbu/highest_gox_trade_volume_ever_was_yesterday_april/
April 17, 2013, 04:56:19 AM
Quite a lot of buying going on. And the wall at $70 has doubled. Looks like there's going to be a lot of people left behind if this keep up
April 17, 2013, 04:53:30 AM
7k buy pushing to $80. then wall eaten in one large 1.5k bite. some more of that and i believe the upper trendchannel might get broken?
April 17, 2013, 03:53:38 AM
This has been one wild week... I've been dealing with calls and emails nearly 24 hours a day. Managed to keep most of the panic sells between old and new clients and off the market.
So has the panic stopped? Are we going to see more upwards activity again?
Fundamentally nothing has changed, it is my opinion that the crash was caused by gox and those who sold into the lag, only to see their market orders execute much lower than expected. I currently have >$15M waiting to buy, however the vast majority will be off exchange. Many of these private trades are at individually negotiated prices, sometimes significantly different from market.
So you operate the biggest Bitcoin dark pool, Loaded?
Not normally and probably not biggest, however at the current time it is more efficient to facilitate trade between existing clients. Over the past couple months, my job has primarily been obtaining and securing bitcoins. Only recently have I had any significant sell volume.
April 17, 2013, 03:40:01 AM
At least we seem to be fighting around the $60-$80 range. To be honest, had this been 3 weeks ago we would all been ecstatic to be here. So lets keep it in perspective.
April 17, 2013, 03:39:38 AM
This has been one wild week... I've been dealing with calls and emails nearly 24 hours a day. Managed to keep most of the panic sells between old and new clients and off the market.
So has the panic stopped? Are we going to see more upwards activity again?
Fundamentally nothing has changed, it is my opinion that the crash was caused by gox and those who sold into the lag, only to see their market orders execute much lower than expected. I currently have >$15M waiting to buy, however the vast majority will be off exchange. Many of these private trades are at individually negotiated prices, sometimes significantly different from market.
So you operate the biggest Bitcoin dark pool, Loaded?
April 17, 2013, 03:21:25 AM
https://i.imgur.com/zR9MKM6.png
Also, could someone please tell me what the green line represents exactly?
Also, could someone please tell me what the green line represents exactly?
The green line is weird on bitcoinium. It seems to be the price rounded to the nearest whole dollar price. See how it steps from one dollar to the next, never going part way between dollars?
Edit: you can see the effect even better here:
See how the line steps either side of the $67.5 gridline?
It seems to relate to the 3 decimal places at the top. Usually it simply shows xx.000 but occasionally it will show correct values. Example:
April 17, 2013, 03:18:40 AM
This has been one wild week... I've been dealing with calls and emails nearly 24 hours a day. Managed to keep most of the panic sells between old and new clients and off the market.
So has the panic stopped? Are we going to see more upwards activity again?
Fundamentally nothing has changed, it is my opinion that the crash was caused by gox and those who sold into the lag, only to see their market orders execute much lower than expected. I currently have >$15M waiting to buy, however the vast majority will be off exchange. Many of these private trades are at individually negotiated prices, sometimes significantly different from market.
April 17, 2013, 03:15:18 AM
April 17, 2013, 03:09:12 AM
Bids are rising.
What site are you pulling this from, if you would be so kind? April 17, 2013, 03:03:46 AM
why is this thread moderated?
sorry for all the confusion guys.
i will not be deleting any posts here
this is just the new thread because the old was was just too big.
i will not be deleting any posts here
this is just the new thread because the old was was just too big.
April 17, 2013, 03:02:04 AM
So my question is how influential are Adam's wall threads on the market? Was the settling of the brief uncertainty as to whether we were going to a new thread, to carrying on with the old or both the sign the market needed to have the confidence to start buying in earnest again? Will Adam's decision to go with the new the sign the market needed to no longer worry about going below $50?
Thank you Adam for rescuing the Bitcoin market
On an (almost) serious note, thanks for flipping over to a new thread and for opening it to off topic too I hope the new influx of bitcaintalk members (and us lot who may sometimes be prone to just post anything) won't make it impractically unwieldy too quickly.
Thank you Adam for rescuing the Bitcoin market
On an (almost) serious note, thanks for flipping over to a new thread and for opening it to off topic too
I hope the new influx of bitcaintalk members (and us lot who may sometimes be prone to just post anything) won't make it impractically unwieldy too quickly. 
April 17, 2013, 02:51:47 AM
why is this thread moderated?
Adam, you might want to post a link to this thread into the old thread.
Adam, you might want to post a link to this thread into the old thread.
April 17, 2013, 02:07:18 AM
Bids are rising.
April 17, 2013, 01:22:24 AM
(.)
Jump to: