Bitcoin Forum

Economy => Economics => Topic started by: Oldminer on June 29, 2011, 10:39:04 AM



Title: Bitcoin Report Volume 16 (Market Depth)
Post by: Oldminer on June 29, 2011, 10:39:04 AM
This one's a 'must see'

http://www.youtube.com/user/BitcoinChannel


Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: thebitcoinchannel on June 29, 2011, 12:09:21 PM
Sorry, that should have been  Bitcoin Report Volume 15 (Market Depth).  Got a little ahead of myself ;=)

Bitcoin Report Volume 15 (Market Depth)

http://www.youtube.com/watch?v=uoYQjxGHIgM

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  --  Mahatma Gandhi

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Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: zef on June 29, 2011, 12:25:30 PM
I noticed the same trends with market depth as your video.  I feel like there are some forces stabilizing the market at this point, because its way too flat for such an imbalance.  Because its so flat I bought and Im holding, hoping for a breakout.


Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: foggyb on June 29, 2011, 02:02:57 PM
Thanks for these reports. Very informative.


Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: fornit on June 29, 2011, 07:37:17 PM
nicely done.

calculation with the current amount of btc is not very exact though, i think its better to assume that the amount of bitcoins is already much higher when it reaches the market caps you used, like 8-10 millions.


Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: DrYe5 on June 30, 2011, 01:16:10 AM
TH Asks: $160727.65
Gox Asks: $277886.64
TH Bids: $160727.65
Gox Bids: $643869.39

Total Market Cap.: $101,335,983.8

TH Asks: 9908.38 BTC
Gox Asks: 15696.07 BTC

25,604.45 BTC in Market
0.38% of all BTC Making the Market

EDIT: As pointed out in another thread, this data is meaningless because Mt. Gox does not disclose the full orderbook.


Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: dinzy on June 30, 2011, 03:32:34 AM
Are you sure about all those Zeros on the TH asks?  Are people parking them at 1k or something?


Title: Re: Bitcoin Report Volume 16 (Market Depth)
Post by: DrYe5 on June 30, 2011, 04:11:25 AM
Are you sure about all those Zeros on the TH asks?  Are people parking them at 1k or something?

Thanks dinzy. Fixed this one too.