Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1105. (Read 1811594 times)

legendary
Activity: 1022
Merit: 1000
Biggest spread ever?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
BULL IS WINNING. LOOKS LIKE SOMEONE (PIRATE) IS DUMPING BTC AT LOW PRICES LOL!!!
legendary
Activity: 1764
Merit: 1002
Adam's motto, sell high, buy higher!  Cheesy

legendary
Activity: 1022
Merit: 1000
This bot will break 14
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
damn thats the biggest spread i've seen in some time....

 Cheesy $0.75
hero member
Activity: 504
Merit: 500
wheeeeeeeeeeeeeeeeeeeeeeeeeeeeee

I mean booooo, sell sell.  Kiss
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
no one ever sleeps in Bitcoin World, son!  Wink
Yeah... Looks like I missed the action   Huh
sr. member
Activity: 283
Merit: 250
I'm not disputing with that, I'm just curious if the sell-off was also executed by a few person...

I don't know how to determine that from the orderbook. It certainly wasn't an 'all at once' sell, I think the selling was normal market correction adjusting to the weak bid-side after the large previous purchases. I can say that the purchases we're seeing are not being put on the orderbook immediately afterwards... If they are trying to sell on the way up it would have to be in much smaller orders at or near market.

My guess is that the big buyers are in for at least mid-term. They may be trying to gently corner the market, let it stabilize at a higher price and then provide it gradual liquidity at that price. Seems like a decent strategy for large capital in the BTC market to me.

-bgc
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
wow!

why this buyer is saying no to the correction?

why in the world wouldn't he allow the market to cool down for a week or 2?
Because he can.

or because there are two of them
Do you have a screenshot of the ask side during the downward movement as well?

I'm not sure that there ARE two big buyers, I'm just saying that would be a reason for not waiting out the correction. Also, it seems there are two strategies at play: one doing the step-wise orders and one doing the large orders at near or above last trade.

I'm not disputing with that, I'm just curious if the sell-off was also executed by a few person...

2 buyers would make sense for not waiting out the correction.

pirate40 must be shitting his pants right now.
hero member
Activity: 784
Merit: 1000
I think he's trying to intimidate us O.o and also look at the bull vs bear bots fighting lol
Or you can call him a BULLY.
hero member
Activity: 784
Merit: 1000
wow!

why this buyer is saying no to the correction?

why in the world wouldn't he allow the market to cool down for a week or 2?
Because he can.

or because there are two of them
Do you have a screenshot of the ask side during the downward movement as well?

I'm not sure that there ARE two big buyers, I'm just saying that would be a reason for not waiting out the correction. Also, it seems there are two strategies at play: one doing the step-wise orders and one doing the large orders at near or above last trade.

I'm not disputing with that, I'm just curious if the sell-off was also executed by a few person...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
That buy order wall looks like a sharp blade cutting into the bears....... Cheesy

I know many of you were expecting a falling knife... he's not coming
but say hello to the flying knife


sr. member
Activity: 283
Merit: 250
wow!

why this buyer is saying no to the correction?

why in the world wouldn't he allow the market to cool down for a week or 2?
Because he can.

or because there are two of them
Do you have a screenshot of the ask side during the downward movement as well?

I'm not sure that there ARE two big buyers, I'm just saying that would be a reason for not waiting out the correction. Also, it seems there are two strategies at play: one doing the step-wise orders and one doing the large orders at near or above last trade.
hero member
Activity: 784
Merit: 1000
wow!

why this buyer is saying no to the correction?

why in the world wouldn't he allow the market to cool down for a week or 2?
Because he can.

or because there are two of them
Do you have a screenshot of the ask side during the downward movement as well?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
That buy order wall looks like a sharp blade cutting into the bears....... Cheesy
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Adam....time to buy back in!  Cheesy
sr. member
Activity: 283
Merit: 250
wow!

why this buyer is saying no to the correction?

why in the world wouldn't he allow the market to cool down for a week or 2?
Because he can.

or because there are two of them
full member
Activity: 238
Merit: 100

Yes one person...looks like they are a serious buyer trying to dollar cost average their way in on ANY dip.

This is bullish.

+1 I just couldn't get the words right Smiley
hero member
Activity: 784
Merit: 1000
wow!

why this buyer is saying no to the correction?

why in the world wouldn't he allow the market to cool down for a week or 2?
Because he can.
sr. member
Activity: 283
Merit: 250
One person - look at .xx011


Each order is roughly $4442, spaced $.05 apart
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