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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 34077. (Read 26623612 times)

member
Activity: 70
Merit: 10
It went up, now it's going to go down somewhere between $110 and $120.  Won't go anywhere until Monday most likely.
Looks like it went down to 125 and is rising again. XD
full member
Activity: 168
Merit: 100
It went up, now it's going to go down somewhere between $110 and $120.  Won't go anywhere until Monday most likely.
Why?
DrG
legendary
Activity: 2086
Merit: 1035
It went up, now it's going to go down somewhere between $110 and $120.  Won't go anywhere until Monday most likely.
full member
Activity: 133
Merit: 100
sr. member
Activity: 280
Merit: 250
Sell off down to $126. Seems to be mostly from one person. Lag peaked at ~14 seconds




sr. member
Activity: 434
Merit: 250
I'm interested in this as well.
Anyone knows the price and availability?
sr. member
Activity: 280
Merit: 250
Is this an official website for Jeff Berwick's ATM?

https://bitcoinatm.com

I remember looking at it last week and there seems to be new content added.


Also is there any more information about this? Stated on the website.

Quote
The first BitcoinATMs will be launched in San Diego and Cyprus next week.
hero member
Activity: 533
Merit: 500
So I see that that surge was because someone bought tons of coins (thanks for that great screenshot by the way).  I was going to joke that oh wait, it's 4-20.  Time for everyone on Silk Road lighting up to tell their friends about suddenly there's this thing called Bitcoin and they can buy their fix ;p.

Now, granted, I don't know if I'd imagine an addict buying a 1.400+ coin order but it would be funny if the whole "Stoner's Rally" was at least somewhat true for the fact we've been surprisingly calm overnight.  It didn't move more than 2-3 bucks.  That's some of the most stable pricing I've ever seen in a ~12 hour window for coins.

Resume rally mode, thank you.
full member
Activity: 133
Merit: 100

AFAIK, that press release is about the new engine, but they're keeping it non-technical and only talking about "rules" instead.

Hmmm...  I've read here on the forum that people have had bids and asks rejected without the funds to cover.  Anecdotal, of course - and finding those posts would be difficult.

Nevertheless - we are still in a situation where the Bid Sum is at an all time high.

I tried, and doesn't let me add bids/asks without the funds. So looks like the rule is implemented.
member
Activity: 84
Merit: 10

AFAIK, that press release is about the new engine, but they're keeping it non-technical and only talking about "rules" instead.

Hmmm...  I've read here on the forum that people have had bids and asks rejected without the funds to cover.  Anecdotal, of course - and finding those posts would be difficult.

Nevertheless - we are still in a situation where the Bid Sum is at an all time high.
foo
sr. member
Activity: 409
Merit: 250

Quote
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.

It should be there.  Gox changed the rules effective - I think - April 17th.


AFAIK nothing has been changed yet. The new trading engine was postponed when Gox did their 12 hour unplanned downtime for system upgrades.

The rules change has nothing to do with the trading engine.

Quote
      TOKYO - JAPAN - April 09, 2013

      Orders will only be accepted when there are enough funds available in your wallet!                             

Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.

Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.

Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.

While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
      
   

Regards
Mt.Gox Co. Ltd Team.

https://mtgox.com/press_release_20130409.html

AFAIK, that press release is about the new engine, but they're keeping it non-technical and only talking about "rules" instead.
member
Activity: 84
Merit: 10

Quote
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.

It should be there.  Gox changed the rules effective - I think - April 17th.


AFAIK nothing has been changed yet. The new trading engine was postponed when Gox did their 12 hour unplanned downtime for system upgrades.

The rules change has nothing to do with the trading engine.

Quote
      TOKYO - JAPAN - April 09, 2013

      Orders will only be accepted when there are enough funds available in your wallet!                             

Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.

Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.

Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.

While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
      
   

Regards
Mt.Gox Co. Ltd Team.

https://mtgox.com/press_release_20130409.html
foo
sr. member
Activity: 409
Merit: 250

Quote
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.

It should be there.  Gox changed the rules effective - I think - April 17th.


AFAIK nothing has been changed yet. The new trading engine was postponed when Gox did their 12 hour unplanned downtime for system upgrades.
member
Activity: 84
Merit: 10

Quote
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.

It should be there.  Gox changed the rules effective - I think - April 17th.

My understanding is that this 21M is close to an all-time high.  The All Time Bid Sum graph on blockchaind appears to bear that out...
full member
Activity: 168
Merit: 100
sr. member
Activity: 406
Merit: 286
Neptune, Scalable Privacy
Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.

That 21M
USD sitting on Gox isn't there to be intimidating.  It's working capital, on a hair-trigger.
How do you know that USD 21m are sitting on mtgox?

Well there's more than that. 21m is the total bid sum on the order books. Which you can view on http://blockchained.com

Ahh.  Thanks.

And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.
member
Activity: 84
Merit: 10
Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.

That 21M
USD sitting on Gox isn't there to be intimidating.  It's working capital, on a hair-trigger.
How do you know that USD 21m are sitting on mtgox?

Well there's more than that. 21m is the total bid sum on the order books. Which you can view on http://blockchained.com

Ahh.  Thanks.

And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
legendary
Activity: 840
Merit: 1000
Why this 15K buy within 10 minutes after 20 heures of coma ??  Huh Shocked
More confidence after watching the price not fall. It's been gradually rising for a while now and people want on board.
+1

but now the number of bitcoins for sale balanced the bids. Also... there's a huge wall at 150 and quite a bit of selling pressure. If the market chews this up, it will be in 200 in a few days. But it's much to chew... exciting
Actually the bids massively outweigh the asks/bitcoins for sale. Yes, there is a hill to climb to $150 but on the entire market, the bids are a tidal wave vs the asks.  I agree it is exciting.
full member
Activity: 194
Merit: 100
Why this 15K buy within 10 minutes after 20 heures of coma ??  Huh Shocked
More confidence after watching the price not fall. It's been gradually rising for a while now and people want on board.
+1

but now the number of bitcoins for sale balanced the bids. Also... there's a huge wall at 150 and quite a bit of selling pressure. If the market chews this up, it will be in 200 in a few days. But it's much to chew... exciting
sr. member
Activity: 280
Merit: 250
Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.

That 21M
USD sitting on Gox isn't there to be intimidating.  It's working capital, on a hair-trigger.
How do you know that USD 21m are sitting on mtgox?

Well there's more than that. 21m is the total bid sum on the order books. Which you can view on http://blockchained.com
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