I would love to know who is throwing around this kind of money. Already supported @135 with 1350. sheesh.
And sold into, with a 1400 ask afterwards. Now, 2450bid on 134.36 |
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Phew, had my ask at 133.8.. managed to get a buy in at 131.75.
Gox is lagging hard.
edit:nvm
Wow, resistance? That was unexpected.
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Bitcoin goes to 0.001USD
Another Crypto goes in to at least 5 digits.
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Looks like someone is banking on this small downward pressure with a constantly replenished 500 wall. I wonder if they figure if they put up all their cash as, say, a 2k?3k?10k? wall would prevent it from being sold into. So far its eaten a couple hundred and still holds up at a flat 500.000000
EDIT: Out of funds, sold into the last of it. Probably ~1200 or so.
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What do the bars mean on that graph?
looks like the sum of all bids or asks for each price range. Exactly. Not very precise but it give a rough picture. What I really like about this software is that it connect directly to MtGox API so the latency is lower than the usual charting website. I use it in conjunction of bitcoinwisdom.com Cant be, its completely random. A 5k wall has no effect, a 300 one does. Either so terrible programmed that its useless, or being misinterpreted. What? Both column are independent. Look at the price. Huh? Look at this bids and asks in each set. You will see a small 200 bid have a huge impact on the bar length, and a massive 6k one do nothing Because the set on the left is not on the same scale as the one on the right. Both columns on the far left are not parallel to the two on the far right. Ohh, crap. Yeah, thats really stupid. But at least it explains it. |
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What do the bars mean on that graph?
looks like the sum of all bids or asks for each price range. Exactly. Not very precise but it give a rough picture. What I really like about this software is that it connect directly to MtGox API so the latency is lower than the usual charting website. I use it in conjunction of bitcoinwisdom.com Cant be, its completely random. A 5k wall has no effect, a 300 one does. Either so terrible programmed that its useless, or being misinterpreted. What? Both column are independent. Look at the price. Huh? Look at this bids and asks in each set. You will see a small 200 bid have a huge impact on the bar length, and a massive 6k one do nothing |
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What do the bars mean on that graph?
looks like the sum of all bids or asks for each price range. Exactly. Not very precise but it give a rough picture. What I really like about this software is that it connect directly to MtGox API so the latency is lower than the usual charting website. I use it in conjunction of bitcoinwisdom.com Cant be, its completely random. A 5k wall has no effect, a 300 one does. Either so terrible programmed that its useless, or being misinterpreted. |
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What do the bars mean on that graph?
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125 wall just collapsed
the guy is gonna buy at market now? Wrong. Stop using Bitcoinity! Its WRONG, ALWAYS WRONG. The wall never moved. |
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These the largest walls gox has ever had?
Hehe, no. We've seen 14k at once if you go by BTC. Perhaps 2Mill on 80 at another time. But this is very close, USD wise. |
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400 coins between 125 and 118... lol
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I dont understand.. if the news was bad and bitcoin was going to drop... why havent we seen dumping on the exchanges with working USD withdrawals? It has been long enough for that by now.
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If you mean that I'm waiting for sub 60s since 2 months ago, you are mistaken.
I sold at 120 after buying at 110, and shall buy again at the bottom of this upcoming drop,
because I believe that price will rebound enough to make a profit.
As for sub 60s, it's too early to predict that as capitulation price.
If Gox $ withdrawals return to normal (maybe, maybe not, I don't know), then a bottom at about 60 is possible.
How is that working out for you, mr iknowitall? Please let us know. Seemed plausible.. I mean, everyone makes mistakes. Currently I bought at 126 thinking it was a deal and now we're below it. Stop hating on anything that isnt saying we're going to the moon. Tomorrow. 50k coins to $90... 50k coins to $300
Doesnt really matter. |
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Damn. Maybe that meeting went well.  Hehe, I like this so far. Aside from failing and selling at 124 and rebuying 126.5, sold 128.8 and bought back 126 xD |
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I guess everyone is confjavascript:void(0); ???used... very low volume. Bids are filling slightly quicker than asks but not by much...
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Someone sold about 3k... hmm.. unexpected so early in the "rally"
Or is this the end? lol
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I wouldnt be surprised to see a 5k buy.
If my math is correct (it is not easy to do it with regard to 3 exchanges while using no software for it, just eyeballing) such a buy should not happen before price dives to 106 - 105. But a guy who has cash for a single 5k buy surely has better math than me. Disclaimer: I am not telling 125 is the top, neither am telling the price will dive to 106 -105. Well, I mean, we've had the price recede from ~125 a couple of times now, and every time some large buy has taken everything leading up to the once 6k 125 wall. Nothing says it cant happen again. Now, 5k exactly? IDK. Regardless, the walls have been pulled and unsurprisingly belonged to a single party. |
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Bear tantrum lol.
There is definitely a lot of downward pressure compared to the norm, but also a lot more upward pressure.
I wouldnt be surprised to see a 5k buy.
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