Bitcoin Forum

Other => Beginners & Help => Topic started by: Ustler on September 09, 2011, 05:18:51 PM



Title: MtGox: Is the chart real?
Post by: Ustler on September 09, 2011, 05:18:51 PM
Look, there is literally a wall on the sell side. WTF?


[img=http://s2.postimage.org/1z9dbku5g/btc.jpg] (http://postimage.org/image/1z9dbku5g/)

http://mtgoxlive.com/orders


Title: Re: MtGox: Is the chart real?
Post by: hightax on September 09, 2011, 05:31:01 PM
Look, there is literally a wall on the sell side. WTF?


[img=http://s2.postimage.org/1z9dbku5g/btc.jpg] (http://postimage.org/image/1z9dbku5g/)

http://mtgoxlive.com/orders

Ask walls haven't been automatically cancelled when they get bought into.  Bid walls disappear all the time though.  That was is most likely real.


Title: Re: MtGox: Is the chart real?
Post by: Cosbycoin on September 12, 2011, 10:05:06 PM
Generally they are imaginary walls that disappear because the buyer or seller is interested in moving the market in the opposite direction.