Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 832. (Read 1811605 times)

sr. member
Activity: 252
Merit: 250
Looking forward for an insane week.


legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
For recreational purposes and as fodder for the bulls, here's a chart I just made that attempts to get a better picture of actual Bitcoin transaction volume (in USD, from 2011 through now) by exploting the effect of a recently discovered bug in the satoshi client that causes "the change output to never be the last output of a transaction":


(click for larger version and more info)

If this indeed shows an accurate enough picture of Bitcoins actual transaction Volume (the extent to which this is the case is unknown to me) then I can't help but say: this is fundamentally bullish.


Awesome, thanks  Shocked
member
Activity: 89
Merit: 13
If we are fractal and looking like just before the first early spikes then hold on to your minds if you have a few BTC going by those charts.

jesus! I think I see it, too. That'd be one hell of a good time Wink

If this brought you onto a trip. (I definitely am) You could continue here:
http://www.youtube.com/watch?v=5qXSeNKXNPQ




I love that stuff thanks.
sr. member
Activity: 252
Merit: 250
If we are fractal and looking like just before the first early spikes then hold on to your minds if you have a few BTC going by those charts.

jesus! I think I see it, too. That'd be one hell of a good time Wink

If this brought you onto a trip. (I definitely am) You could continue here:
http://www.youtube.com/watch?v=5qXSeNKXNPQ


hero member
Activity: 763
Merit: 500
If this indeed shows an accurate enough picture ...
Highly interesting! Do you have the raw numbers somewhere?
... and more interestingly, have you tried some smoothing to filter out all those peeks? I would try to do a 7-day (if a bar is a day?) smoothing to see the actual trend more clearly. ... and also to correlate this with e.g. bitpay announcements and similar.
donator
Activity: 2772
Merit: 1019
If we are fractal and looking like just before the first early spikes then hold on to your minds if you have a few BTC going by those charts.

jesus! I think I see it, too. That'd be one hell of a good time Wink
member
Activity: 89
Merit: 13
If we are fractal and looking like just before the first early spikes then hold on to your minds if you have a few BTC going by those charts.
legendary
Activity: 1078
Merit: 1003
For recreational purposes and as fodder for the bulls, here's a chart I just made that attempts to get a better picture of actual Bitcoin transaction volume (in USD, from 2011 through now) by exploting the effect of a recently discovered bug in the satoshi client that causes "the change output to never be the last output of a transaction":


(click for larger version and more info)

If this indeed shows an accurate enough picture of Bitcoins actual transaction Volume (the extent to which this is the case is unknown to me) then I can't help but say: this is fundamentally bullish.


If that is indeed accurate, wow!  Cool
donator
Activity: 2772
Merit: 1019
For recreational purposes and as fodder for the bulls, here's a chart I just made that attempts to get a better picture of actual Bitcoin transaction volume (in USD, from 2011 through now) by exploting the effect of a recently discovered bug in the satoshi client that causes "the change output to never be the last output of a transaction":


(click for larger version and more info)

If this indeed shows an accurate enough picture of Bitcoins actual transaction Volume (the extent to which this is the case is unknown to me) then I can't help but say: this is fundamentally bullish.
member
Activity: 89
Merit: 13
Bitcoin ping pong
legendary
Activity: 1078
Merit: 1003
WTF what is this, $130k bid vs $100k ask fight?!
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
That wall at 14.20 is going to hate himself on tuesday.
sr. member
Activity: 398
Merit: 250
Wall fight! Wink

hero member
Activity: 784
Merit: 506
Lots of action this morning.

Yup, it looks like the bears have decided they want to come out and play while the bulls are sleeping Smiley
member
Activity: 87
Merit: 10
Lots of action this morning.
sr. member
Activity: 252
Merit: 250
We got a bid wall  Cheesy



Yehh, the EUR wall is back  Grin

 

This 100,000+€ (133,440$) wall has been at 10.20€ something a few days ago... it appeared before the breakout.  Cool So this might be part of the real big bulls strategy "to bear out" his position^^

GO GO EURO GO, yeahhhhrrr!




legendary
Activity: 2282
Merit: 1050
Monero Core Team
Hey you wall experts here,

I was just looking at a 831 BTC bid wall at $14.25 USD which as the highest and only order there stood for about 10 mins with virtually no activity.  Then there was a flurry of relatively small trades at which point it was taken back to about $14.03.  Looking at the wall I had to assume, unlike 'safer' walls further back, that it was actually the intention of the trader that the order be sold.  So why would it be taken away?  I'd appreciate something that can help me make some sense of that one.

don't pay to much attention to walls...
just buy buy buy  Grin


i'm still holding my short but looks like cheap coins aren't getting any cheaper...

could be a nice short squeeze coming when 14.5 $ falls

The debt ceiling "crisis" and related political deadlock in the United States could easily set off a BTC buying panic. Just consider what happend to the BTC / USD price in the lead up to the last US debt ceiling crisis in 2011.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Hey you wall experts here,

I was just looking at a 831 BTC bid wall at $14.25 USD which as the highest and only order there stood for about 10 mins with virtually no activity.  Then there was a flurry of relatively small trades at which point it was taken back to about $14.03.  Looking at the wall I had to assume, unlike 'safer' walls further back, that it was actually the intention of the trader that the order be sold.  So why would it be taken away?  I'd appreciate something that can help me make some sense of that one.

don't pay to much attention to walls...
just buy buy buy  Grin


i'm still holding my short but looks like cheap coins aren't getting any cheaper...

could be a nice short squeeze coming when 14.5 $ falls

ya i'm thinking we could bubble up from here
anther good year for bitcoin? 
yup!
Grin
hero member
Activity: 784
Merit: 506
Hey you wall experts here,

I was just looking at a 831 BTC bid wall at $14.25 USD which as the highest and only order there stood for about 10 mins with virtually no activity.  Then there was a flurry of relatively small trades at which point it was taken back to about $14.03.  Looking at the wall I had to assume, unlike 'safer' walls further back, that it was actually the intention of the trader that the order be sold.  So why would it be taken away?  I'd appreciate something that can help me make some sense of that one.
some time ago i called this walls "ghost walls" mostly because are there just so start idiots up or down on the orderbook many times when the price get closer to them they are gone and you see the ghost line

Thanks Myself (and Adam),

So if its purpose is not with the intention of the order being taken I'm guessing there's no way it depends on manual intervention to take it away when it's about to be eaten.  Could it be put there by a bear so that people act as if the price is on the way up, thus driving the price up in order to sell before removing the wall, clearing the decks for a price plummet in order to buy back in again?  Or am I'm just sucumbing to the dangerous* temptation to read waaaay more into this than the data and its visual representation can actually tell me?!

*Well, dangerous if I acted on the basis of my fiction being the way it is in reality!
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
Hey you wall experts here,

I was just looking at a 831 BTC bid wall at $14.25 USD which as the highest and only order there stood for about 10 mins with virtually no activity.  Then there was a flurry of relatively small trades at which point it was taken back to about $14.03.  Looking at the wall I had to assume, unlike 'safer' walls further back, that it was actually the intention of the trader that the order be sold.  So why would it be taken away?  I'd appreciate something that can help me make some sense of that one.
some time ago i called this walls "ghost walls" mostly because are there just so start idiots up or down on the orderbook many times when the price get closer to them they are gone and you see the ghost line
Jump to: