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Author Topic: BIDWALL MELTS!!!  (Read 4056 times)
gewure
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October 27, 2011, 12:35:51 AM
 #41

the BIDWALL grows!

Let me tell you what I've learned from the past 4 months of watching market depth.  When bids outnumber asks, then the price goes down.  When bids vastly outnumber asks, then the price goes down a lot.  When asks outnumber bids, then the price goes down.  When asks vastly outnumber bids, then the price goes down a lot.

Cheesy

i like your jokes

/offtopic/however, proudhon is a poor philosopher (not the user, but his avatar). ever read about the dispute with marx? kind of funny how good old Karl bashes proudhon with ease and makes fun of him. //offtopic/
cypherdoc
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October 27, 2011, 12:58:38 AM
 #42

the absolute amt of money across the entire bid mountain, not just the wall @$2.40, has grown enormously today in direct relation to the number of mtgoxlive users logged in this AM.  the BUYERS are coming in and are ready to pounce and become early adopters.
ineededausername (OP)
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October 27, 2011, 01:01:59 AM
 #43

Wow, the wall moved to 2.50.

(BFL)^2 < 0
cypherdoc
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October 27, 2011, 01:03:49 AM
 #44

PLEASE, PRETTY PLEASE, short into this. Wink
ineededausername (OP)
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October 27, 2011, 01:13:05 AM
 #45

PLEASE, PRETTY PLEASE, short into this. Wink

Haha, nope. Grin

(BFL)^2 < 0
gewure
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October 27, 2011, 01:18:42 AM
 #46

Wow, the wall moved to 2.50.

interesting indeed
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