Bitcoin Forum
August 22, 2019, 04:11:40 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: What do you think about more?
Sex - 45 (40.5%)
Bitcoin - 66 (59.5%)
Total Voters: 111

Pages: « 1 ... 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 [655] 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 ... 24820 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21332869 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (104 posts by 20 users deleted.)
IG0BR0KE
Newbie
*
Offline Offline

Activity: 56
Merit: 0



View Profile
June 04, 2013, 08:26:55 AM
 #13081


i meant broke not brake (my bad)  Wink
1566447100
Hero Member
*
Offline Offline

Posts: 1566447100

View Profile Personal Message (Offline)

Ignore
1566447100
Reply with quote  #2

1566447100
Report to moderator
1566447100
Hero Member
*
Offline Offline

Posts: 1566447100

View Profile Personal Message (Offline)

Ignore
1566447100
Reply with quote  #2

1566447100
Report to moderator
1566447100
Hero Member
*
Offline Offline

Posts: 1566447100

View Profile Personal Message (Offline)

Ignore
1566447100
Reply with quote  #2

1566447100
Report to moderator
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566447100
Hero Member
*
Offline Offline

Posts: 1566447100

View Profile Personal Message (Offline)

Ignore
1566447100
Reply with quote  #2

1566447100
Report to moderator
ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
June 04, 2013, 09:02:06 AM
 #13082

micalith
Hero Member
*****
Offline Offline

Activity: 789
Merit: 501


View Profile
June 04, 2013, 09:08:18 AM
Last edit: June 04, 2013, 09:32:19 AM by micalith
 #13083







you have to admit it at least looks familiar (even if the x2 buttom kills the little bit my theory), and anayway i hardly doubt we can brake 124-125 with this kind of volume

so... drop to 100 then... (if you're right).

And then? People will buy again, it will go up, then another drop to 80?
How does this make sense? After a crash people buy and the price will go up so you will always find this back in the charts.

The last two times the graph looked like this, the price rallied.

edit - I've no idea how the order book compares for those instances though
rezurect
Sr. Member
****
Offline Offline

Activity: 686
Merit: 250


View Profile
June 04, 2013, 09:11:19 AM
Last edit: June 04, 2013, 09:25:48 AM by rezurect
 #13084


Expecting: To 125 and Dip.
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 04, 2013, 09:13:09 AM
 #13085

It wasn't a proof, I just found the argument funny.  Wink
(And I don't really agree... the longer we wait without news, the more the hype can diminish...)

Also, MtGox is still the uncontested leader in terms of volume:
http://bitcoincharts.com/markets/

eheheh, as I said, I like the Matrix and all that it represents.

Regarding no news and hype diminishing. Well, two points, if the volume dries up and the price drops I think many of us will just buy more shares at lower prices.
Point two - We are seeing infrastructure for BTC being built now. The VC money is only speeding things up. So, we are approaching a point where we don't or won't need
hype any more. We will be saving people money on transactions for starters. This is where the fun will begin.

And that is why BTC is so exciting, in part anyway. We are in so many markets. We are a store of value, like a commodity in a way. We are a currency, a payment system (of sorts), etc.
More reason to be careful with making too big of an exit. Even when one considers fear based news like "The FED is looking into BTC..."

Yeah, MtGox is still king, but I was getting at the outflow of money confusing the data, in particular over the last two or three weeks, or so.
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 04, 2013, 09:16:32 AM
 #13086

Anyone know the bid ask on the other exchanges, or maybe an overall average?

Hi, I am showing the bid ask sum for BTC-e on http://www.coinorama.net.
It's the second chart on the left (well actually, I divide the bid ask sum by the current rate so that if the ratio is > 1, it means that the bids sum is higher than asks sum).

Hey there, thanks for the link. Bookmarked and following, and looking for that > 1 ratio  Grin
Any more info on the charts or things to keep an eye out on? I'm still in the learning phase.

Appreciated,
IAS

edit - can you clarify what you do, as I see it already is a ratio (2nd chart on left)
EuroTrash
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
June 04, 2013, 09:18:03 AM
 #13087

The last two times the graph looked like this, the price rallied.

When everyone panics --> price recovers.
When everyone says "rocket to the moon" --> price falls.

So I am not pleased with you promoting bullish sentiments.  Tongue
Please go back panic with the others, or the party is over.  Wink
razibuzouzou
Sr. Member
****
Offline Offline

Activity: 354
Merit: 250


coinorama.net


View Profile WWW
June 04, 2013, 09:39:01 AM
 #13088

Anyone know the bid ask on the other exchanges, or maybe an overall average?

Hi, I am showing the bid ask sum for BTC-e on http://www.coinorama.net.
It's the second chart on the left (well actually, I divide the bid ask sum by the current rate so that if the ratio is > 1, it means that the bids sum is higher than asks sum).

Hey there, thanks for the link. Bookmarked and following, and looking for that > 1 ratio  Grin
Any more info on the charts or things to keep an eye out on? I'm still in the learning phase.

Appreciated,
IAS

edit - can you clarify what you do, as I see it already is a ratio (2nd chart on left)

Thanks for following Smiley
The second chart on the left is : normalized_ratio = (sum bids / sum asks) /  current_rate
What you were looking for initially was : ratio = (sum bids / sum asks)
Switching from the regular ratio to the normalized one is pretty straightforward, I should add an option to do that !
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 04, 2013, 09:49:35 AM
 #13089

Anyone know the bid ask on the other exchanges, or maybe an overall average?

Hi, I am showing the bid ask sum for BTC-e on http://www.coinorama.net.
It's the second chart on the left (well actually, I divide the bid ask sum by the current rate so that if the ratio is > 1, it means that the bids sum is higher than asks sum).

Hey there, thanks for the link. Bookmarked and following, and looking for that > 1 ratio  Grin
Any more info on the charts or things to keep an eye out on? I'm still in the learning phase.

Appreciated,
IAS

edit - can you clarify what you do, as I see it already is a ratio (2nd chart on left)

Thanks for following Smiley
The second chart on the left is : normalized_ratio = (sum bids / sum asks) /  current_rate
What you were looking for initially was : ratio = (sum bids / sum asks)
Switching from the regular ratio to the normalized one is pretty straightforward, I should add an option to do that !

It says it is an ask/bid ratio (not bid/ask ratio), so I'm confused a bit as to what I am looking for.
Can you walk me through an example, please?  Grin
crumbcake
Newbie
*
Offline Offline

Activity: 42
Merit: 0



View Profile
June 04, 2013, 10:00:47 AM
 #13090

Just opened the first page of this thread by accident.  It's morning here, took a few posts for the mistake to sink in Cheesy  Things look a bit better.

http://s8.postimg.org/qs2k1t89h/Untitled_1.jpg
ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
June 04, 2013, 10:02:31 AM
 #13091

razibuzouzou
Sr. Member
****
Offline Offline

Activity: 354
Merit: 250


coinorama.net


View Profile WWW
June 04, 2013, 10:39:17 AM
 #13092

It says it is an ask/bid ratio (not bid/ask ratio), so I'm confused a bit as to what I am looking for.
Can you walk me through an example, please?  Grin

Damn, sorry about that. The label of the chart was not correct !
I just fixed it and added a checkbox so that you can disable normalization of the total Bids/Asks ratio.
So now, you have :
bids/asks ratio = (sum bids / sum asks)
normalized bids/asks ratio = (sum bids / sum asks) /  rate

Please reload the page until you see the checkbox Cheesy

ps: sorry guys for those off-topic messages, Coinorama.net has its own thread here : http://bitcointalk.org/index.php?topic=216861.0
ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
June 04, 2013, 11:02:45 AM
 #13093

phoenix1
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
June 04, 2013, 11:05:28 AM
 #13094

The last two times the graph looked like this, the price rallied.

When everyone panics --> price recovers.
When everyone says "rocket to the moon" --> price falls.

So I am not pleased with you promoting bullish sentiments.  Tongue
Please go back panic with the others, or the party is over.  Wink


And one thing you can guarantee is that Jaroslaw shows up with that same image within a tick or two of the bottom ...  Roll Eyes
About the most reliable buying signal there is  Tongue
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
June 04, 2013, 11:14:15 AM
 #13095

It says it is an ask/bid ratio (not bid/ask ratio), so I'm confused a bit as to what I am looking for.
Can you walk me through an example, please?  Grin

Damn, sorry about that. The label of the chart was not correct !
I just fixed it and added a checkbox so that you can disable normalization of the total Bids/Asks ratio.
So now, you have :
bids/asks ratio = (sum bids / sum asks)
normalized bids/asks ratio = (sum bids / sum asks) /  rate

Please reload the page until you see the checkbox Cheesy

ps: sorry guys for those off-topic messages, Coinorama.net has its own thread here : http://bitcointalk.org/index.php?topic=216861.0

fuck off-topic, thanks for posting this.... *extremely* useful tool, and exactly what I've been asking for in a thread a while ago: something that combines data from different markets, which is increasingly important as the dominance of mtgox is diminishing.
MickeyT2008
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250

This account was recently hacked


View Profile
June 04, 2013, 11:53:57 AM
 #13096

MtGox loses another payment method:

Statement Regarding Technocash Transfers
TOKYO - JAPAN - June 4th, 2013   After some deliberation and discussion with Technocash, an Australian service for Mt. Gox customer account funding and withdrawals, it has been decided that our customers in Australia will no longer be able to deposit and withdraw funds in AUD using Technocash starting June 15th, 2013.  We are working on alternatives for our Australian customers, but in the meantime please use other available methods such as international wire transfers, which are available in your customer accounts. Withdrawals via Technocash will be processed as long as we possibly can, and we will make our best effort to keep this method available.  We apologize for any inconvenience this may cause, and look forward to evolving with the vibrant Australian market.  
Regards
Mt.Gox Co. Ltd Team.

https://www.mtgox.com/press_release_20130604.html

Does anyone know why?  Is this linked to Liberty Reserve?  Will they ever post some good news?
ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
June 04, 2013, 12:02:25 PM
 #13097

BitcoinAshley
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
June 04, 2013, 12:36:56 PM
 #13098

What's happening is all these companies are realizing it's dangerous to do business with bitcoin exchanges or any online payment system. Technocash probably looked at the Dwolla seizure, Liberty Reserve, Perfect Money's recent actions - and was like FUCK THAT. We ain't gettin our hands dirty.

So we are seeing fewer and fewer funding and withdrawal methods. According to the logic of some, price should have tanked already, each time news like that came out and the effect hit.  Roll Eyes
MickeyT2008
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250

This account was recently hacked


View Profile
June 04, 2013, 12:40:18 PM
 #13099

What's happening is all these companies are realizing it's dangerous to do business with bitcoin exchanges or any online payment system. Technocash probably looked at the Dwolla seizure, Liberty Reserve, Perfect Money's recent actions - and was like FUCK THAT. We ain't gettin our hands dirty.

So we are seeing fewer and fewer funding and withdrawal methods. According to the logic of some, price should have tanked already, each time news like that came out and the effect hit.  Roll Eyes
Wouldn't a series of such stories potentially have a cumulative effect?  What if a major bank decided to refuse MtGox transactions too?

Tin foil hat and cheap coin collection tin on standby...
Miz4r
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


View Profile
June 04, 2013, 12:41:36 PM
 #13100

I drew a nice line, not sure if anyone posted something similar yet in here. Smiley

Pages: « 1 ... 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 [655] 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 ... 24820 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!