Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 34090. (Read 26611082 times)

Yeah.. 

Someone with a lot of coins really doesn't want it over $100.

Looks like the majority of that big buy came from off the order book. Bid sum appears intact at new highs.

No need for panic selling, it spiked up really fast, makes sense it would drop back into the high 90s. 

Absolute madness they don't know whether to panic buy or panic sell LOL 

some big sales back up to 100

Any lag is annoying, but I've found anything under 2 minutes doesn't seem to cause much damage. Getting to 5 mins starts hitting the red line. 10+ is huge dangerzone for panic 'lag selling' garbage.

They added more servers to minimize lag, and considering the recent increase in trade volume, it's actually doing a LOT better.  Not to mention most people have learned to keep their cool during laggy periods.

Panic buyers make good customers  

Gotta love that $100 bid wall. Here's what it looks like in my head.

Price heading up, currently 103, lag heading up, currently 1m 10s.

I though Gox was supposed to have made changes to fix this lag?

countdown till they stop trades for cooldown?

hopefully this week chased out the week hands and we can move on (how many tens of thousands of mtgox accounts in queue?)

  Looks like 100 triggered a bit of bot buying.

Should be an interesting few minutes as people who were waiting for a dip start panic buying instead.

Two orders went through at 90k USD and 79k USD to put us over the hump.  

1 minute of lag from buy orders? 

Somebody was tired of waiting to buy low and just went for it.

I agree with all you say except for your arbitrary definition of 'manipulators'
Those charts would provide more 'information' to do with as you please, but by no means are evidence of manipulation.
I have bids at market - 50% ...  how does that make me a manipulator ? I'm good for it and a genuine buyer, just not at these prices.
Trying to read meaning into these charts without taking account of the level of the bid is ... well .... in my opinion a waste of time. If anything these charts are positively misleading. You could equally well say that anyone who is willing to sell several thousand at $120 but has not entered the order in the order book is also a 'manipulator'. He has intent but is not showing it, hoping that the market reaches that level before showing his/her hand. Which is more manipulative ?
Leaving genuine big bids in may be counterproductive (or not), but at least it is 'open' ... how many people here have hands they are not showing ? That's what makes a market.

And yes, I am fully aware that people play games with markets, especially ones as illiquid as this. But one could very easily argue that those who have bought to hold, with no intention of selling are the true manipulators, hoarding with the intention of exponential gain due to supply constraints, whilst shouting from the rooftops about how everybody should buy Bitcoin. BTW I am not disagreeing with the potential utility and value or I would not have bids in