Adam, hit the buy button! shhhhhhh...... 
quiet you!
(sorry, couldn't resist.
) 
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1079. (Read 1811592 times)
quiet you!
(sorry, couldn't resist.
) 
Adam, hit the buy button! shhhhhhh......
Why does it feel like this is the most easily manipulated market ever? No walls are ever tested, people just flip out and sell or buy in front of them. I don't believe the depth chart at all for the bid side, a lot of those walls look fake.
Game theory. People expect the walls to get tested and so they readjust their strategy before it actually happens and so it "never" does.
Who says these are cheap? Not me. I suspect manipulators got us this price.
i'd trust the bid walls far more then i ever would the asks. i mean, who wouldn't want to get some coins cheaper then the current price by catching them as the price shifts? it's risky, of course, cause the price could just go down farther then your bid. but catch the right flucation and you're golden.
ah, gambling.
ah, gambling.
Why does it feel like this is the most easily manipulated market ever? No walls are ever tested, people just flip out and sell or buy in front of them. I don't believe the depth chart at all for the bid side, a lot of those walls look fake.
why does this feel like
Ten Dot Kinda Cheap
Ten Dot Kinda Cheap
bids going back up
I'm starting to wonder if some are not into btc just for the thrill of gambling
Not me. I'm in it for the chicks.
I'm starting to wonder if some are not into btc just for the thrill of gambling
Not me. I'm in it for the chicks.
I'm starting to wonder if some are not into btc just for the thrill of gambling
Lol ^.^
I'm starting to wonder if some are not into btc just for the thrill of gambling
this weekend is going to be fun
MANIPULATION! ... but this time we have no clue which way the manipulator wants us to go
I'd say up.
MANIPULATION! ... but this time we have no clue which way the manipulator wants us to go
Looks like the volume is ticking up now, I wonder what the play is? It shouldn't last with everyone being so hesitant.
Is there any primer on how to read these walls again within the 100+ pages for us eco noobs watching from the sidelines?
I get the walls idea but so what, if there's a huge ask (selling) wall, the price should stay where it's at, right? If there's a huge bid (buying) wall, the price shouldn't move down too much either?
Should the charts be mirroring each other ideally?
Otherwise if the orange line is flat, all the lower priced orders could bebought up sold into so the price crashes?
I get the walls idea but so what, if there's a huge ask (selling) wall, the price should stay where it's at, right? If there's a huge bid (buying) wall, the price shouldn't move down too much either?
Should the charts be mirroring each other ideally?
Otherwise if the orange line is flat, all the lower priced orders could be
Different opinions on walls, but you have the right idea. Correction to your terminology, when the bids are thin, they are sold into, crashing the price. When the asks are thin, they are bought up quicker (rally).
That's what usually happens in my opinion, so I like trading based on depth (bid depth vs ask depth). Others think its better to ignore, because they are sometimes manipulation attempts ("fake" walls that get removed).
I usually trade on the spot, without placing an order on the book. I want to buy - go ahead and buy. I want to sell - go ahead and sell. I only pay attention to the order book to see how much I'll move the price, and what the average price will be.
i almost never do this,
unless its like a total frenzy, i always place bids or asks and wait
whats the word? WOWZERS!
Is there any primer on how to read these walls again within the 100+ pages for us eco noobs watching from the sidelines?
I get the walls idea but so what, if there's a huge ask (selling) wall, the price should stay where it's at, right? If there's a huge bid (buying) wall, the price shouldn't move down too much either?
Should the charts be mirroring each other ideally?
Otherwise if the orange line is flat, all the lower priced orders could bebought up sold into so the price crashes?
I get the walls idea but so what, if there's a huge ask (selling) wall, the price should stay where it's at, right? If there's a huge bid (buying) wall, the price shouldn't move down too much either?
Should the charts be mirroring each other ideally?
Otherwise if the orange line is flat, all the lower priced orders could be
Different opinions on walls, but you have the right idea. Correction to your terminology, when the bids are thin, they are sold into, crashing the price. When the asks are thin, they are bought up quicker (rally).
That's what usually happens in my opinion, so I like trading based on depth (bid depth vs ask depth). Others think its better to ignore, because they are sometimes manipulation attempts ("fake" walls that get removed).
I usually trade on the spot, without placing an order on the book. I want to buy - go ahead and buy. I want to sell - go ahead and sell. I only pay attention to the order book to see how much I'll move the price, and what the average price will be.
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