panic sell incoming
How much longer? I am growing bored  |
|
|
|
last year the wedding news of mtgox and coinlab pumped btc to $250, it remains in 100 range even after divorced. This year the NEO/BEE thing is about to happen in cyprus, do you think it will have the similar effect ?
If people think it will, then it will. But does the event itself have any real effect on the price? No. |
|
|
|
Damn it, sells just barely missed my bid.. Only $15 lower  |
|
|
|
Artificially kept high by Mtgox's insolvency.
It used to be artificially low because Pirateat40 was clowning about Thats the turdbrain who got like 1/2 of the market price at that time, right? Man, If I had 40k bitcoin to play with.... I dream of the manipulative powers I'd have. To start: Market sell to $135 backed by 10k wall xD |
|
|
|
Gox proclaimed dead. Funeral to be arranged shortly:  Invitations going out soon...  I think Gox will survive this - but they have definitely lost their front-runner status which is not necessarily a bad thing. Its undeniably awful for them! They should be ashamed. Such an easy position to hold but incredible levels of incompetence destroyed them. |
|
|
|
If it is still here by then, there is extremely high probability that the price will be over 10,000. I would say that it would even be 100,000 by then.
Seems reasonable to me. However considering bitcoins likelihood of succeeding, then it would only seem rational for "<$100" to be voted for. Of course if the dollar crashes or something AND bitcoin fails, then... who knows. Maybe $0.01 is now $10, so bitcoin is still $1000 or something. |
|
|
|
Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? yes there is no way to prove that it was the same actor, but someone came in and bought 900ish right after around 1100 was dumped Okay, so the guy sold and then put up an ask wall? Because doing an 1100 sell caused $3 slippage. A 900 buy would have probably moved the price to eating into the $128 askwall. |
|
|
|
Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? |
|
|
|
|
Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
|
|
|
|
We appear to be breaking up out of the triangle that has been forming over the last week. We shall see if it actually happens.
without whale activity either... could get very interesting if a whale or 2 fears missing the boat. I wonder if the volume this past week reflects actual economic activity, rather then trading/speculation. The market is neither too high or two low to encourage trading... and Gox problems discourage arb. No big whale positions being taken. What's left except actual economic activity? People calling it the top and others deciding its time to go up? |
|
|
|
There's a lot of people who are holding and waiting the price to go up.
Because no one can sell.. since there is nothing to back gox usd |
|
|
|
|
Unfortunately there is nothing to watch. Ask sums is constantly being push back to 50k. Every time it goes over; market orders fix that. And whenever it goes under... the price recedes back under 140 and they pop up again.
Bid sum is also pretty stable in the 12-14m range. (Last 4 days all about $1.35m, 50k asks)
Something has to give. Unless bitcoin market is going back in to dormancy. Thats not any fun!
If Gox withdrawals arent fixed, price will rocket up. If they are, total collapse.. yeah?
|
|
|
|
Tuesday, September 24, 2013 $129.43
$143 Are we stating our expected "HIGH/LOW" [depending on if we are saying its going up or down] Because otherwise in a 24hr period the price can vary quite a bit ($3.37 today.. actually pretty low) Im gonna just throw out a random guess and say $149.80 as the high by end of Sept. 24. |
|
|
|
|
Stopped working on the 7th
|
|
|
|
500,000BTC ($58M USD) buy wall added at $115.
this data is very fishy. How could a site must of us have never heard of have so much depth. And why would someone put a $60mill bid, bigger than all exchanges put together, at a price point that would never be filled more than 1000 coins. i'm going to add a 1,000,000 btc buy wall in an hour  So bid and ask can be fake?.depth is useless but trades and volume are real? |
|
|
|
500,000BTC ($58M USD) buy wall added at $115.
this data is very fishy. How could a site must of us have never heard of have so much depth. And why would someone put a $60mill bid, bigger than all exchanges put together, at a price point that would never be filled more than 1000 coins. |
|
|
|
|
How do you know? Bitcoinity incorrectly labels things because it goes by 'trending up/down" which doesnt tell you with certainty that something was a buy or sell. Trading.i286 should act the same as clarkmoody where it really means sell or buy, even if someone just market sold for more than someone else just market bought.
|
|
|
|
Bistamp has had both buy and sell 1BTC bots. Gox only has a sell bot. Here is bitstamp sell bot:  Edit; Notice the peculiar buy/sells that add up to exactly 1? Whats that? |
|
|
|
|
I only day trade... cashing out any percent only reduces potential gains.
I wont cash out unless bitcoin
A: Has impending doom
B: Has reached >$1,000.
|
|
|
|
|
Can you help me understand
1. How can this chart [Or, the theory behind it] be dis-proven?
Say for example, Novermber 4th, the price is $175. This is an outlier yet it is "correct"... however, that means at least 30 other data points are wrong.
So, how do you make use of the chart? It seems like the only way it can be "right" is if the price is within the 2 red vertical bands, E.G. $75-90 Oct. 7 thru Oct 27. Outside of that? Not enough data.
2. If the band is the only area that matters, why chart outliers? If they are hit, it means the system is mostly saying, "Tomorrow the price will be between 100 and 200 USD." Which really isnt valuable information. I guarantee to you that it will. But does this really help you or me in our trading decisions? No.
I dont mean to come off as rude; I really like your analysis. Its just this chart is throwing me off.
|
|
|
|
|
Show Posts
