And I'm always left scratching my head when viewing the ticker tape......These tiny fillers on the ask w/huge spread when people are dumping. The bid/ask often freezes above the last series of sales......and of course, like clockwork, the Mt. Gox lag rears its head. It almost seems like something is fighting to keep the price up......but the lag always kills the sell-off. I probably have a very different take on this than most of you......
Do you ever see this kind of action on a move up? A frozen bid/ask below the last sale? Ridiculous spreads followed by a lag that kills upward momentum? And with relatively low volume throughout?? I haven't seen it......
Do you ever see this kind of action on a move up? A frozen bid/ask below the last sale? Ridiculous spreads followed by a lag that kills upward momentum? And with relatively low volume throughout?? I haven't seen it......
Absolutely. Just the other day it got near 10 minutes. In the 50's we went over 13 minutes.
March 23rd? That was not a move-up; that was a sell-off.
And I was closely watching on March 28th and it happened exactly as it did today......same bizarre pricing action, huge spreads, tiny buys at ask wmoved the price up $3 or $4.....and the lag at key support of $75.
Maybe we have different inclinations for what the market is doing at these times then.
That could be the root of the discrepancy.
No, the lag did not start until the price began tanking on March 28th.....then the lag appeared and helped stem the fall. The lag did not cause the price to drop.
The ride is not over. 
