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921  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 14, 2012, 05:11:00 AM

I hate seeing "Alert" in that thread because it leaves me wondering "What do you mean??"  Grin

Unfortunately I don't have enough invested in Bitcoin (yet) to justify subscribing  Undecided
922  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 13, 2012, 10:51:02 PM
3,600 to go over 13.80

I'm curious as to why this number has you so worried? It's just another wall. We've seen them before Cheesy

True, but this is the "Wall Observer" thread and he's doing a great job  Smiley
923  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 13, 2012, 06:50:11 AM
What damn 4chan announcement?

https://bitcointalk.org/index.php?topic=130540.0
924  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 13, 2012, 06:42:45 AM
Dump duh dump dump

intuition this morning told me it was at a peak but didn't sell. wasn't too stupid enough to buy though

I'm not so sure it's peaked. This 1 month chart looks pretty good, and with the 4chan announcement we could see some new interest...

925  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 11, 2012, 04:06:35 AM
i dont see how that affects if its only a fraction difference

The bot always does it, whether the bid/ask difference is 10 cents or 0.0001 cents.

I would guess that not everyone looks at the order book before placing their bids, many will just go off of the values they see on Mt Gox's trade page

That's what this bot is going for.

Which begs the question... How much do these bots distort the true market value?
926  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 11, 2012, 04:01:15 AM
whats the point of some people selling .01 coins a fraction at a little less than the next higher ask price?

Its the bot that places a 0.01 ask 0.00001 above the highest bid to try and suppress the price.

how would that suppress price...

and how long to take out this 1.4k 13.50 ask wall

When a normal user logs onto mtgox and is on the buy tab, they see the price of the ask the bot placed, which can cause them to place lower bids than they would have originally. Plus the bot sells 0.01 at market first, so the Mtgox last price always appears lower than it should.

i dont see how that affects if its only a fraction difference

I would guess that not everyone looks at the order book before placing their bids, many will just go off of the values they see on Mt Gox's trade page
927  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 10, 2012, 10:48:26 PM
The depth on the buy side has filled back in very quickly.  If whoever unloaded thousands of bitcoins over the past few days was hoping to spark a panic so they could buy more, then they're going to need to dump more bitcoins.

They are probably starting to sweat a little lol

Maybe they have no intention of buying more and they're simply setting the stage for their next big dump
928  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 10, 2012, 07:38:44 AM
Uh oh, here comes Adam's "kinfe" again...

929  Economy / Speculation / Re: there's going to be panic buying monday on: December 10, 2012, 06:55:11 AM
You heard it here first folks.




this again

I've been wondering about this, after all this attention bitcoin has had in the news recently. Generally positive too, for a change
930  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 08, 2012, 08:41:24 PM
sold bitcoin
infinite regrets
going to bed.......

Just before the price shoots back up to 13.55  Smiley

But will it hold...  Undecided

*Hangs head in shame*

of course it will hold...

Someone told me the other day...

if you sell now, you sell for good.
the warning above is still valid.

Someone....
931  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 08, 2012, 08:35:16 AM
sold bitcoin
infinite regrets
going to bed.......

Just before the price shoots back up to 13.55  Smiley

But will it hold...  Undecided
932  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 08, 2012, 08:28:10 AM
http://s12.postimage.org/n9uvg64z1/Untitled.png
Panic all you want we will break 15 one way or another.

Someone thought that was a good price to buy at with that 900 buy  Smiley
933  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: December 07, 2012, 12:29:10 AM
*ahem* SELL SELL SELL SELL SELL!!!!!!

Someone was listening to you  Wink
934  Economy / Economics / Re: Wow those are some LARGE transactions! on: December 03, 2012, 09:53:13 AM
I saw something similar and started this thread back in September: https://bitcointalk.org/index.php?topic=111926.0

Looks good on Bitcoin Monitor  Smiley
935  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 28, 2012, 10:13:10 PM
Wheres the WALL pictures people, quite curious

http://alfixturedesign.com/420/bidask.jpg

936  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 26, 2012, 10:32:08 PM
937  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 26, 2012, 07:41:08 PM

Was working for me. Maybe a glitch in the Matrix
938  Economy / Trading Discussion / Re: Real Time Charting, Order Book, and Time & Sales on: November 25, 2012, 11:15:49 PM
This has been happening since early September at least. See this post by adamstgBit and my reply: https://bitcointalk.org/index.php?topic=82626.msg1180152#msg1180152

Confused me at the time but I assumed it was just a difference in the way the figures were calculated. I would have sent a bug report but didn't know enough about it to know it actually was a bug. Seems to be fixed now though  Smiley
939  Economy / Speculation / Re: SMA50/100 on: November 20, 2012, 09:33:04 AM
Last similar cross in march 2012 was with 200k selloff

Hmmm yes you're right, and it looks remarkably similar to the current situation...

March:
https://i.imgur.com/PHV7J.jpg

November:
https://i.imgur.com/FuUKH.jpg


They are not similar tho.
The difference in SMA tells you that the context is different for both graph fragments. The big movements around it are different.
And the fact that you look at daily aggregates tells you you don't see any details.
So the graphs look similar at this particular level, it is the result of dissimilar movements.
In other words, you can't make a prediction based on these similarities. It's more like a freak occurence.


Ah ok, thanks, I understand now. There's a lot to learn. I only showed a month because it was easier to see the detail and I used the daily chart because I understood that this is the best to see long term trends. I guess it won't be long before we know one way or the other  Smiley
940  Economy / Speculation / Re: SMA50/100 on: November 20, 2012, 05:40:53 AM
Last similar cross in march 2012 was with 200k selloff

Hmmm yes you're right, and it looks remarkably similar to the current situation...

March:


November:
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