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Economy => Speculation => Topic started by: ruski on April 16, 2013, 04:16:16 AM



Title: What the hell just happened
Post by: ruski on April 16, 2013, 04:16:16 AM
Quote
16/4/2013 1:47:45 PM: Market sell (63.7651 to 62.21785)
16/4/2013 1:47:45 PM: Ask down (69.94879 to 66.32328)
16/4/2013 1:46:45 PM: Bid raised (63.32744 to 63.7651)
16/4/2013 1:46:45 PM: Market buy (65 to 69.94879)
16/4/2013 1:45:45 PM: Bid raised (56.26334 to 63.32744)
16/4/2013 1:45:45 PM: Market buy (59.1 to 65)
16/4/2013 1:44:45 PM: Bid raised (52.78207 to 56.26334)

Did the entire Ask side just disappear? GOXed?


Title: Re: What the hell just happened
Post by: Bitmeat on April 16, 2013, 04:17:01 AM
Nope, sanity is prevailing, and Gox is even holding up for once


Title: Re: What the hell just happened
Post by: bitcoiners on April 16, 2013, 04:18:34 AM
I think this is called despair.


Title: Re: What the hell just happened
Post by: ruski on April 16, 2013, 04:20:21 AM
I think this is called despair.

No, it bounced from $52 to $70 in a matter of seconds and the Ask side of the order book vanished. Now it's back to $61.


Title: Re: What the hell just happened
Post by: Ichthyo on April 16, 2013, 04:22:23 AM
surprised?


Title: Re: What the hell just happened
Post by: bitcoiners on April 16, 2013, 04:22:41 AM
I think this is called despair.

No, it bounced from $52 to $70 in a matter of seconds and the Ask side of the order book vanished. Now it's back to $61.

It didn't vanish. It was bought up. The asks are way overextended.

Yep... watch was bulls get waxed.


Title: Re: What the hell just happened
Post by: bitcon on April 16, 2013, 10:21:59 AM
https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcQj-TvgGFmxPNpckDdXtZ_GinI0aaLRLQyDvCJEjmmNewS_nb2Y