We will see a crash to $120 soon, maybe in early May.
I don't know if this was a typo, but I'll glady take a crash up to $120 in two months.
Somehow I dont think we will be waiting two months for $120 to happen.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 450. (Read 1811596 times)
I don't know if this was a typo, but I'll glady take a crash up to $120 in two months.
Somehow I dont think we will be waiting two months for $120 to happen.
10K BTC to $85
20K BTC to $100
We might actually hit $100 / BTC today
. Normally the biggest orders arrive after 12:00 EST.
20K BTC to $100
We might actually hit $100 / BTC today
. Normally the biggest orders arrive after 12:00 EST. Ahhh, I love those buy/sell curves at the bottom of bitcoinity!
When you zoom out, it looks like a tsunami about to wash over a low beach.
Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
I think its a mixed strategy, market order + bid wall at the same time. This way you get the hidden sellers that are triggered by the price raise while with only a market order the order would be executed to the end before the bots can respond. It's cheapter to buy like this. The full order in one thing could have driven the price way higher, leading to higher slippage. my 2ct
+1 Good call.
We will see a crash to $120 soon, maybe in early May.
I don't know if this was a typo, but I'll glady take a crash up to $120 in two months.
Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
I think its a mixed strategy, market order + bid wall at the same time. This way you get the hidden sellers that are triggered by the price raise while with only a market order the order would be executed to the end before the bots can respond. It's cheapter to buy like this. The full order in one thing could have driven the price way higher, leading to higher slippage. my 2ct
God, Mt Gox is such a POS. Clark Moody doesn't even make sense anymore! 
Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
bots buy up a shrinking sell wall, and put it back up, just at the point of profit taking. imo
hahahaha this guy comparing it to farmville credits. FUCK man we have a long way to go before this is truly mainstream.
Go look at the latest Zero Hedge article. Those people are truly imbeciles.
Holy shit. I lost all respect for Tyler now, acting like silver being up $0.40 is an epic rally.
Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
I notices the same thing... Probably bears crying...
Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
What the bears don't get is that a lot of people are going cold-bloodedly all in, and the price rise is just a function of how quickly the exchanges can process incoming KYC checks and funds.
You know, $5 million per day IS nothing.
We will see a crash to $120 soon, maybe in early May.
You know, $5 million per day IS nothing.
We will see a crash to $120 soon, maybe in early May.
Ahhh, I love those buy/sell curves at the bottom of bitcoinity!
The lack of understanding there was astounding. BTC uses an algorithm, HFT uses an algorithm, which is bad. Therefore BTC bad. Yikes. I also like how they point out it isn't "backed" by a government or bank as if that makes it sketchy somehow. Still the press is a good thing.
Press might be a good thing but you can already see how FUD is spread against Bitcoin. The message is Bloomberg can't really figure out how it works so keep your money out of it, isn't it?
Yep, the whole point of the financial press is to spread FUD - worst thing you can possibly do in trading and investing is get an opinion from the press. But these fools will be using Bitcoin themselves eventually.
Again, the bears thought a wall would scare us and have been caught off guard again.
Prepare yourselves for retaliatory dumps and some high swings in prices before settling in the low 70s
Prepare yourselves for retaliatory dumps and some high swings in prices before settling in the low 70s
Related question: Whats best to have a peek at the market on the run with Android in my case?
Try my app: https://play.google.com/store/apps/details?id=com.veken0m.cavirtex&hl=en
It usually works when MtGoxLive is down or being slow. If you check the Orderbook you'll see the orders with walls highlighted in green.
Example:
-snip-
so you are saying that the api functions even when their site is down? 0.o
When MtGoxLive is unreachable for me, yes. I don't think this would be true if mtgox.com was down though
reLoaded™
Just WOW. what a play.
HOLY F! Wall was BOUGHT, not pulled!
This is insane. People are still buying gigantic quantities at these prices.
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