Will the real Viscoin please stand up?

Just an unbalance in the order book doesn't say much.

Yes, it's easier in this case for the price to go up, but there might be more selling pressure than buying pressure.

To predict the price you need more factors, and combine them.

Not sure I like him most, but I do like Robert Shiller.

He is one of the few saying the current housing market may be a bubble.

Least favorite would be Eugene Fama, for his naivity.

(and yes, ironically, these two economists share the 2013 Nobel price for economics)

If you want to understand cryptocurrencies, I suggest you first learn about normal currencies.

I love this old book on money: http://mises.org/books/theory_money_credit/contents.aspx.

Ludwig von Mises was one of the most prominent members of the Austrian School of Economics.

I find the book easy to comprehend.

Keynes liked it:

“The first book deals with the meaning, place, and function of money; the second with the value of money, the problem of measuring it, and the social consequences of variations in it; and the third with the relation of bank-money, of notes, and of discount policy to the theory of money. With the exception of the section on the value of money, where Dr. von Mises is too easily satisfied with mere criticism of imperfect theories, there is a great deal on every one of these topics very well worth reading. Perhaps the third book is, on the whole, the best.” (Keynes 1914: 417).

They can be highly annoying when trading manually.

Why must a bot put a 1 BTC Bid 1 cent above my 0.01 BTC Bid within seconds, every single time?

My orders hardly ever get filled.

I don't think it is profitable behavior either, by the bot. It's not like that my 0.01 BTC bid matters in the grand scheme of things, but still this bot reacts to me.

Current Price (as shown in red in the first image) is the latest price at which a Bitcoin was traded. It is not derived from the order book.