Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1168. (Read 1811599 times)
I miss btccharts. Come back.
quick update, bitcoin is looking bullish at 6 point crazy!
only a few hours later
Say Hello to 7 dot ridiculous! i wouldn't expect the ask wall to show any resistance till 7.5 - 8, this will be a repeat of 6 point crazy!
yup, the buy up to 7 was organic..
I believe 15k BTC or so was removed. The wall was bigger than the traded volume.
yup, the buy up to 7 was organic..
i missed it
whats next ? 8!
yup, the buy up to 7 was organic..
Did the ask walls get bought or were they removed?
They were bought up, compare with historic volume on bitcoincharts.com it matches perfectly.
Did the ask walls get bought or were they removed?
They are being shuffled around.. its neat..
Hmm, looks like a significant portion of the asks up to $7 got bought.
Just now:
Nobody cared to take a screen shot???
Ok,ok here it is:
15 minutes ago
Ok,ok here it is:
15 minutes ago
I thought that if you placed an order it just matched you with the closest available buy/ask? Who's buying bitcoins for $24 a piece and why?
Market orders are matched and executed, they're broadcasted as trades. Everything else are limit orders, quotes (bids and asks) that go somewhere on each side of the limit order book (LOB). Quotes can be added or removed.
The ones far from the mid-price are wishful thinking and never executed. There's probably a few asks for coins at a million dollars and a few bids for coins at 1 cent. The only time they got executed was last year in the hack, when phantom coins were sold-off in one market order pushing the price to $0.01. There was a guy on the forums claiming he had the bid for a few thousand at $0.01. He never got them of course, since the trade was rolled-back.
Did the ask walls get bought or were they removed?
They are being shuffled around.. its neat..
Did the ask walls get bought or were they removed?
Someone document this wall right now.. its epic!! quick! grab a screen cap
I started writing a trading bot a few weeks ago. Gox sends me garbage quite often, buys/asks in the $4.00 - $24.00 range. Maybe that influenced the header. I've always wondered what's going on, but could find nothing on these boards explaining it.
That's not garbage, just quotes far from the mid-price.
And the wall is down because of sustained, heavy buying pressure. Each time this happens, its less likely that it goes back up. More likely, a bid wall goes up and the asks shift higher, gapping the price up.
I thought that if you placed an order it just matched you with the closest available buy/ask? Who's buying bitcoins for $24 a piece and why?
We just broke $7, hitting a high of $7.04 
I started writing a trading bot a few weeks ago. Gox sends me garbage quite often, buys/asks in the $4.00 - $24.00 range. Maybe that influenced the header. I've always wondered what's going on, but could find nothing on these boards explaining it.
That's not garbage, just quotes far from the mid-price.
And the wall is down because of sustained, heavy buying pressure. Each time this happens, its less likely that it goes back up. More likely, a bid wall goes up and the asks shift higher, gapping the price up.
Yaya, last time they did this, we broke 6.8$ and I thought all go, but then they brought the wall back up and I plummeted with my 6.81 base priced coins back in the 6.6-6.7$ range. I wont call it, before we have not broke 7.0$ (and then still be suspicious until we get past this years high of 7.2something $).
wall down, rally time! 8614 BTC to $7
what a bunch of wimps.
wall down, rally time! 8614 BTC to $7
quick update, bitcoin is looking bullish at 6 point crazy!
bitcoin is going to 8 point crazy soon
Jump to: