I dont get it. Im new at this :/
Under the buy/sell tab I saw a 300 bitcoin order for 210$ per when the price was lower. I hit the instant sell option and filled in the field to sell 5 btc and it showed 210$ as the price.
I went ahead and clicked sell, and then it said an open order was made to sell 5 btc at 210$.
Later I look and Ive sold 5 btc for the price of 189$! WTF??
Can someone please explain how this happened?
Thanks
Orders are not opened during the market order is going on, the order is "in progress" status. |
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So there was a false rally because of this engine error, and traders at Gox decided to catch up to the same price level, what a mess.
There was no error... just large slow market order. So did you check the aks a minute after this spike? It was basically still 2k to 205. And Bitstamp gives me a connection timeout now. Orderbook stays the same till the end of the market order (this is kind of new - less than a month). |
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So there was a false rally because of this engine error, and traders at Gox decided to catch up to the same price level, what a mess.
There was no error... just large slow market order. |
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If history repeats itself, the price should recover within 12 hours followed by a sudden, rapid rise.
Of course thats just nonsense and if it does repeat its coincidence.
You went in? |
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2600 coins to 210... 2600 coins to 185... hmmmm. Here's to hoping someone fills in the bid side on Bitstamp....  Wait for bitfinex. Don't worry, we will have rally when money arrives. |
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If you take only 10% of the coins transactioned today on MtGox and short them, you'd push price into the 160-170 area.
And if you do that, others will short short as well. Boom Bubble! Boom!
The fact is, all those coins bought were gone for at least a couple of years and you won't find enough sell order out there after a while And if price indeed crashed to 160-170 area, there are bunch of players who missed the opportunity this time will buy like crazy, so it jumps right back to the current level in 1-2 days During this spring, such kind of fast crash followed by fast recover played at least 4-5 times before price eventually exploded towards $200, and only after the price jumped by 10 times, large amount of profit taking order will appear I can agree price can recover quickly. But what do you mean by: "The fact is, all those coins bought were gone for at least a couple of year" ? Strong hands holding for a few years. |
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Flea's post count has passed his IQ..
Earlier this week.
He has 128 posts btw  |
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seems these "beers" want a crash cuz they sold already and want back in, loll
to bad
choooooo chooooo
 lmao  |
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Good night, will be back every few hours.
Till then... chooo chooo *******
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$229 in one hour.  lol more like 12 mins You wanna crash today?  25 mins. My bad. |
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203.85 surpassed after about 4 hrs of playing a little bit downward. Rally resumes, with new targets of 215-220 for the next 24 hrs.
Next real target will be when bitfinex will have enough USD at stamp. |
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Have the bears from sub-100 decided to buy in yet or are they still waiting for "capitulation" ?
I wonder what happened to quite large sells (range $125 - $150) especially on bitstamp (few k btc walls or dumps)... will they buy back? Probably already have. Or otherwise already withdrew, like me. Why withdrawing, you don't plan to buy lower? We won't be very low for long after a possible crash or hard correction. |
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$8,5k BTC to $200 and $250 (Gox).
What is a $btc? Without $ - 8.500 BTC to both numbers. |
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8,5k BTC to $200 and $250 (Gox).
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Have the bears from sub-100 decided to buy in yet or are they still waiting for "capitulation" ?
I wonder what happened to quite large sells (range $125 - $150) especially on bitstamp (few k btc walls or dumps)... will they buy back? |
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$229 in one hour. lol more like 12 mins You wanna crash today? |
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$229 in one hour. |
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Still less than 10% down to stamp. China follows. Looks sound.
When we pass all time high, every fucking lowly newspaper in the world will have an article about it.
Could be true, so if someone wants price down he needs to dump at max $250 without ATH. Right? Why would anyone want to do that? Self-sacrifice? Why would anyone want high price now? Why not hoarding for a year or two in the $50 - $200 range? Just a thought. |
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I would say half - most large (market) orders are from bitfinex.
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If we won't go $400+ we will IMO revisit $150 on Gox.
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