Bitcoin Forum

Economy => Speculation => Topic started by: GeniuSxBoY on July 23, 2011, 07:31:28 PM



Title: And so the artificial volume padding begins..
Post by: GeniuSxBoY on July 23, 2011, 07:31:28 PM
bots are trading with themselves at a high rate of speed.

placing from 4 to 10 simultaneous orders of bids and asks at a time... removing,rebidding, and trading...



ho hum.


Title: Re: And so the artificial volume padding begins..
Post by: YoYa on July 23, 2011, 07:50:15 PM
Bot's have fallen in to a logic paradox.....

http://www.youtube.com/watch?v=5I5dfI4SyLg


Title: Re: And so the artificial volume padding begins..
Post by: error on July 23, 2011, 08:23:58 PM
bots are trading with themselves at a high rate of speed.

placing from 4 to 10 simultaneous orders of bids and asks at a time... removing,rebidding, and trading...



ho hum.

Yet another strong buy signal from you! :D


Title: Re: And so the artificial volume padding begins..
Post by: notme on July 23, 2011, 08:29:02 PM
Bot's have fallen in to a logic paradox.....

http://www.youtube.com/watch?v=5I5dfI4SyLg

censored


Title: Re: And so the artificial volume padding begins..
Post by: GeniuSxBoY on July 23, 2011, 08:45:47 PM
I think we are running out of huge orders that can shift the market.

What do you guys think?


Title: Re: And so the artificial volume padding begins..
Post by: stic.man on July 23, 2011, 08:47:01 PM
the big buyers will show themselves with each significant piece of infrastructure, if they are developed of course.


Title: Re: And so the artificial volume padding begins..
Post by: grod on July 23, 2011, 08:58:41 PM
Big buyers will show themselves when there's some volume and a bigger community.  There just isn't enough space in this tiny teardrop of a pond for even a medium sized fish to splash around in.

To get an idea of what that's like for any "big buyer" go ahead and try to trade on one of the exchanges with 20 btc/day volume.  You'll feel cramped even with a tiny wallet.

That's why people with a few hundred K or more to put to work can't get into BTC, it's just too small of a market.  Once we've grown from a community of 6,000 to say 600,000 (and if the 18% forum member growth rate is sustainable you can reasonably expect that size community some time next year) I think you'll start seeing more of that.



Title: Re: And so the artificial volume padding begins..
Post by: Serge on July 23, 2011, 09:13:11 PM
i smell something brewing


mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days


Title: Re: And so the artificial volume padding begins..
Post by: Oldminer on July 24, 2011, 01:52:36 AM
i smell something brewing


mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days

$15 here we come?


Title: Re: And so the artificial volume padding begins..
Post by: Serge on July 24, 2011, 02:29:47 AM
i smell something brewing


mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days

$15 here we come?

$14 is a challenge at the moment, but with some recent publicity we might have nice little rally somewhere next week


Title: Re: And so the artificial volume padding begins..
Post by: Oldminer on July 24, 2011, 02:34:01 AM

$14 is a challenge at the moment, but with some recent publicity we might have nice little rally somewhere next week

There's about 10k of BTC bids standing between $13 and $14 and only 2K of BTC asks


Title: Re: And so the artificial volume padding begins..
Post by: grod on July 24, 2011, 03:42:01 PM
Could be seeing the results of CNN coverage.  Got a my sells at 14.91, 15.91 and 16.91.  That should do it for the next few days.  If those get taken I'll sell the rest later.  I think our forum member contrary indicator is more reliable than any other -- I'm banking on having a rally to sell into.