Bitcoin Forum

Economy => Speculation => Topic started by: ineededausername on December 17, 2011, 03:40:54 PM



Title: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 17, 2011, 03:40:54 PM
So that in a few months we can look back and see what happened on mtgoxlive over time.
12/17/2011 at 10:38 GMT-5 (roughly)

http://farm8.staticflickr.com/7167/6526007815_5387586a46_b_d.jpg


Title: Re: The Historical Depth Blog -- updates once a day
Post by: proudhon on December 17, 2011, 05:03:40 PM
There's got to be a way to make a dynamic historical depth chart.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: JohnOliver on December 17, 2011, 06:59:53 PM
Good idea but the depths don't mean much IMHO. We've all seen walls vanish into thin air when it's being approached.

It costs money to put up a bid wall (time value of USD), but it costs nothing to put up an ask wall since there are no Bitcoin banks right now. Of course keeping your coins on mtgox is more dangerous than keeping them in your wallet, but the difference in risk is negligible. The devaluation of your Bitcoins is almost the same whether they got stolen on mtgox or other people's bitcoins got stolen while yours sat in your wallet.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: Revalin on December 17, 2011, 07:48:45 PM
There's got to be a way to make a dynamic historical depth chart.

I do it like this:

https://i.imgur.com/OXJJm.png

It's useful for analyzing bot behavior, and it's handy when explaining market behavior to people.  It's a little more relevant in Bitcoin than typical markets: here we have a few people (I've seen 2 or 3 distinct patterns) who have enough capital to significantly shove the market around (The Manipulator).  You can spot them this way.

Once you've figured those things out, stick to the price charts for your actual trading.  Anyone can put bogus signals in the depth to exploit bots or get the paranoids in a tizzy, but long term what matters is who's willing to actually go through with the trades.  90% of the real signal is in the price.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 17, 2011, 09:54:50 PM
Good idea but the depths don't mean much IMHO. We've all seen walls vanish into thin air when it's being approached.

I'm not making this for some sort of analysis afterwards, it's not even in numerical format.  I just think it's a cool collection of pictures to have of Bitcoin markets in their infancy :)


Title: Re: The Historical Depth Blog -- updates once a day
Post by: FreeMoney on December 17, 2011, 11:39:49 PM
Really would have been nice to have some shots of the really early markets.

$1000 would have blown the asks away and the spreads were usually 10%+.

I'd like to see how thin the market was last time we were at this price.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 18, 2011, 12:26:30 AM
Really would have been nice to have some shots of the really early markets.

$1000 would have blown the asks away and the spreads were usually 10%+.

I'd like to see how thin the market was last time we were at this price.

There are a few old depth charts in S3052's technical analysis thread... and yeah, they sure were small back then.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: nmat on December 18, 2011, 01:17:50 AM
Depth charts would be an interesting information to have, but I think that people give too much importance to walls and standing orders. Anyone can make an order. I can easily write a bot to put random orders up there and I won't lose a cent. Market depth by itself is not an accurate measure of the buy/sell strength.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: phelix on December 18, 2011, 03:56:59 PM
Depth charts would be an interesting information to have, but I think that people give too much importance to walls and standing orders. Anyone can make an order. I can easily write a bot to put random orders up there and I won't lose a cent. Market depth by itself is not an accurate measure of the buy/sell strength.

You would, of course, have to have funds deposited in the exchange though, correct? That in itself is interesting information to have, although I wouldn't give it too much importance either.
standing orders can be bought/sold into...  that makes a difference


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 18, 2011, 04:04:15 PM
mtgoxlive at 12/18/11 11:00 AM EST

http://farm8.staticflickr.com/7012/6531770619_c466ea5d03_z.jpg

Note: In the future, if large price movements over one day occur, I might update this thread many times that day.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: proudhon on December 18, 2011, 05:47:31 PM
I've got a hunch we're going to see some movement today, one way or another.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: JohnOliver on December 18, 2011, 09:53:56 PM
Depth charts would be an interesting information to have, but I think that people give too much importance to walls and standing orders. Anyone can make an order. I can easily write a bot to put random orders up there and I won't lose a cent. Market depth by itself is not an accurate measure of the buy/sell strength.

You would, of course, have to have funds deposited in the exchange though, correct? That in itself is interesting information to have, although I wouldn't give it too much importance either.
standing orders can be bought/sold into...  that makes a difference

Key word there being "can". Bot-controlled walls can disappear or shift in terms of milliseconds, so they are extremely misleading. Especially when you consider that you're relying on misinformation that someone is purposely feeding you.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: proudhon on December 18, 2011, 11:07:02 PM
I've got a hunch we're going to see some movement today, one way or another.

I was wrong.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: bittenbob on December 18, 2011, 11:21:48 PM
I've got a hunch we're going to see some movement today, one way or another.

I was wrong.
yup, this stability is killing me lol. I would have expected at least a spread of 10 cents over the day but not even.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: JohnOliver on December 18, 2011, 11:50:38 PM
I've got a hunch we're going to see some movement today, one way or another.

I was wrong.
yup, this stability is killing me lol. I would have expected at least a spread of 10 cents over the day but not even.

Don't jinx it, guys. When the storm comes we'll all be wishing for calm seas again.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: proudhon on December 19, 2011, 11:41:08 AM
Looks like my hunch wasn't that far off.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 19, 2011, 03:55:33 PM
mtgoxlive at 12/19/11 10:50 AM EST

http://farm8.staticflickr.com/7147/6538212795_3025223f6a_z.jpg

Today will be a multiple-update day :)


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 19, 2011, 08:35:15 PM
mtgoxlive at 12/19/11 3:33 PM EST

http://farm8.staticflickr.com/7168/6539659229_2eaf8033cf_z.jpg


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 20, 2011, 03:53:01 AM
O.o

3 updates... this is one of those "day is not a day" situations.

mtgoxlive at 12/19/11 10:50 PM EST

http://farm8.staticflickr.com/7006/6541599127_68216141ef_z.jpg


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on December 20, 2011, 03:43:08 PM
mtgoxlive at 12/20/11 10:40 AM EST

http://farm8.staticflickr.com/7161/6543991923_6013494dc5_z.jpg


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on February 02, 2012, 01:13:06 AM
mtgoxlive at 02/01/12 8:10 PM EST

http://farm8.staticflickr.com/7142/6804269089_20080ff5cb_b.jpg


The Historical Depth Blog has been revived because BTCCharts did not deliver :(


Title: Re: The Historical Depth Blog -- updates once a day
Post by: RyNinDaCleM on February 02, 2012, 02:02:08 AM
Wait a minute! There's like a month and a half missing.  :P


Title: Re: The Historical Depth Blog -- updates once a day
Post by: teflone on February 02, 2012, 06:02:00 AM
Wait a minute! There's like a month and a half missing.  :P
lol

Me and Rynin DEMAND ACCOUNTABILITY!!!

lmao


Title: Re: The Historical Depth Blog -- updates once a day
Post by: chsados on February 02, 2012, 07:32:53 AM
Wait a minute! There's like a month and a half missing.  :P

MOARR charts!


he was on to something


Title: Re: The Historical Depth Blog -- updates once a day
Post by: bzzard on February 02, 2012, 06:51:55 PM
When I was working on btccharts I've recorded some socket data for test and benchmark purposes.
Maybe this will be interesting for some of you ;)

Please wait 10s-2m until it loads
3 minutes for every, but real time is different for each one

http://www.btccharts.com/misc/saved/10.html
http://www.btccharts.com/misc/saved/11.html
http://www.btccharts.com/misc/saved/12.html
http://www.btccharts.com/misc/saved/13.html
http://www.btccharts.com/misc/saved/14.html
http://www.btccharts.com/misc/saved/15.html
http://www.btccharts.com/misc/saved/16.html
http://www.btccharts.com/misc/saved/17.html
http://www.btccharts.com/misc/saved/18.html (!)


Title: Re: The Historical Depth Blog -- updates once a day
Post by: SkRRJyTC on February 02, 2012, 10:44:34 PM
When I was working on btccharts I've recorded some socket data for test and benchmark purposes.
Maybe this will be interesting for some of you ;)

Please wait 10s-2m until it loads
3 minutes for every, but real time is different for each one

http://www.btccharts.com/misc/saved/10.html
http://www.btccharts.com/misc/saved/11.html
http://www.btccharts.com/misc/saved/12.html
http://www.btccharts.com/misc/saved/13.html
http://www.btccharts.com/misc/saved/14.html
http://www.btccharts.com/misc/saved/15.html
http://www.btccharts.com/misc/saved/16.html
http://www.btccharts.com/misc/saved/17.html
http://www.btccharts.com/misc/saved/18.html (!)

Sooooooo cool.  Like recorded TV shows from BTC past. Love it.


Title: Re: The Historical Depth Blog -- updates once a day
Post by: ineededausername on February 02, 2012, 10:53:16 PM
wow awesome ;D


Title: Re: The Historical Depth Blog -- updates once a day
Post by: RyNinDaCleM on February 03, 2012, 12:23:40 AM
That's so cool. I like how you still have control over the page... and time lapsed.   :)