Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 34106. (Read 26612072 times)
April 17, 2013, 02:40:01 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, 02:39:38 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, 02:21:25 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, 02:18:40 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, 02:15:18 AM
April 17, 2013, 02:09:12 AM
Bids are rising.
What site are you pulling this from, if you would be so kind? April 17, 2013, 02:03:46 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, 02:02:04 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, 01:51:47 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, 01:07:18 AM
Bids are rising.
April 17, 2013, 12:22:24 AM
(.)
April 16, 2013, 11:46:49 PM
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?
April 16, 2013, 11:35:51 PM
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?
once its clear that it stopped going down.... ya! for sure.
April 16, 2013, 11:15:41 PM
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?
April 16, 2013, 11:14:03 PM
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.
April 16, 2013, 11:12:36 PM
wow
April 16, 2013, 10:46:30 PM
Had me scared for a few minutes there, I thought the party was coming to an end
April 16, 2013, 10:40:48 PM
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 16, 2013, 09:55:54 PM
April 16, 2013, 09:48:31 PM
It's easy. If you want to buy a million dollars worth of coins, you're probably pretty smart and know what you're doing. And if you know what you're doing, then you don't try to buy them by putting one order in the order book at one price thats been beaten through several times in the last 24 hours.
Sure, but if you have a wall of 1 million, then you must have the money back it up, no?
Jump to: