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lucas.sev
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June 25, 2013, 04:49:07 AM |
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05:42:01 > Current trend: +8.88000 USD, Volume:5505.4166 BTC Again, I hope you will remember in a week time that it was a single buy that got us to 110  Yep, part of the reason I registered here [or, finally got my first post in the newbie section] was because of all the confusion around that buy.. I think you made a thread on it, but even it had some errors IIRC. The thread was 100% correct, it was about 95->110 push. If you find it, I can tell you what was wrong.. but I am not going to dig. Also, after the 5500 buy to 109.98.. 9500 of new asks mysteriously appear? The bids are shifting ridiculously. Retreating, pushing back, etc. At one point in the last 10 mins the 100 wall was 6000, and at another was 12000.. currently 10000. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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thef
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June 25, 2013, 04:49:51 AM |
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Waiting for the dump so I can buy back my BTC  |
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derpinheimer
Legendary
 Offline
Activity: 896
Merit: 1000
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June 25, 2013, 04:53:23 AM |
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--- OLD POST WARNING --- 0. 16k buy wall appears at 95
1. Less than a minute after there was one 400BTC buy which brought us from 95 to 99
2. Another 5k buy that had 10USD slippage.
3. Straight after price reached 110, A 4k bid wall at 110 was put and eaten, and price went down to around 106. (or less, I don't remember)
This all happened in a very, very short period of time. What could be the motivation of such thing happening?
Assuming it was same person who executed the buys, or at least the 5k 0 - yep 1 - market had delayed reaction, then a couple separate parties panicked and bought it up a few dollars. A couple thousand. 2 - 5k of the original 15k bid wall went into a market order. 3 - Remaining 10k used on market order [ofc the amts varied due to slippage, but the USD was likely the same] Unused cash formed 4k wall at 110. Hastily eaten. The only issue was a few numbers and that a couple of people [not sure if you] said the 15k wall remained during this -- false, that was clarkmoody lagging. It was one party who likely was not pleased about the panic buying his wall caused, so he just did a massive market order. |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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June 25, 2013, 04:54:01 AM |
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That's a big wall to eat.
This ain't your mothers Bitcoin.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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June 25, 2013, 04:55:20 AM |
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We're gonna get an update from chart buddy in about 7 minutes, woohoo!
On a random note for those who use Clarkmoody - and use the sound ticker, what is your min volume? I usually pick 10. 100 is too rare and doesnt always happen in a smaller downtrend... but right now im using it and its doing fine.
Has there ever been a single 1k transaction? I know bitcoinity goes by the exact price, so 1000 1btc trades will show up as "1000 a few seconds ago" even if it was spread across hours.. but has there ever been a single 1k trade? I'd think so, but most seem in the high hundreds and split into small hundred chunks.
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keewee
Legendary
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Activity: 1025
Merit: 1000
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June 25, 2013, 05:08:36 AM |
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We're gonna get an update from chart buddy in about 7 minutes, woohoo!
On a random note for those who use Clarkmoody - and use the sound ticker, what is your min volume? I usually pick 10. 100 is too rare and doesnt always happen in a smaller downtrend... but right now im using it and its doing fine.
Has there ever been a single 1k transaction? I know bitcoinity goes by the exact price, so 1000 1btc trades will show up as "1000 a few seconds ago" even if it was spread across hours.. but has there ever been a single 1k trade? I'd think so, but most seem in the high hundreds and split into small hundred chunks.
Yes, there was one in the recent madness. Saw it on Clark Moody |
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lucas.sev
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June 25, 2013, 05:16:35 AM |
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We're gonna get an update from chart buddy in about 7 minutes, woohoo!
On a random note for those who use Clarkmoody - and use the sound ticker, what is your min volume? I usually pick 10. 100 is too rare and doesnt always happen in a smaller downtrend... but right now im using it and its doing fine.
10 would make it ding all the time, 100 makes dings meaningfull for me |
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justusranvier
Legendary
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Activity: 1400
Merit: 1009
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June 25, 2013, 05:17:12 AM |
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Frozenlock
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June 25, 2013, 05:18:53 AM |
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No. Is there other sources? |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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June 25, 2013, 05:20:07 AM |
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We're gonna get an update from chart buddy in about 7 minutes, woohoo!
On a random note for those who use Clarkmoody - and use the sound ticker, what is your min volume? I usually pick 10. 100 is too rare and doesnt always happen in a smaller downtrend... but right now im using it and its doing fine.
10 would make it ding all the time, 100 makes dings meaningfull for me Yeah, 100 is definitely meaningful. But for me, 10 works well. A bunch of fast 10+ dings can let you catch action rather than see the aftermath in my experience. Also that news is very scary if true.... |
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Voodah
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June 25, 2013, 05:25:25 AM |
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This is one heavy piece of information. |
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lucas.sev
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June 25, 2013, 05:27:54 AM |
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This is one heavy piece of information. Yeah I really would like to hear this lady on the phone talking about liberty reserve and mtgox. |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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June 25, 2013, 05:37:16 AM |
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This has to be bot action. Who's gonna do this manually with 1000's of coins within seconds with 15 seconds gox lag.
I cant see bots being trusted with this much money, and if they were, they wouldnt be so stupid. This is rich guys clicking buttons. the vinklevoss twins! |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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June 25, 2013, 05:40:52 AM |
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This is one heavy piece of information. holy crap indeed. It smells funny though because they were even willing to give a reason... who would've thought that? |
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Voodah
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June 25, 2013, 05:51:53 AM |
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This is one heavy piece of information. holy crap indeed. It smells funny though because they were even willing to give a reason... who would've thought that? They way I see it this information is only important to Bitcoin insiders.. The general public can not infer one bit of meaning out of that change of policy by Citi, hence the lady tells it nonchalantly like it is. It must've been told to her unimportantly, and she just transmitted it. |
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lucas.sev
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June 25, 2013, 05:54:15 AM |
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This is one heavy piece of information. holy crap indeed. It smells funny though because they were even willing to give a reason... who would've thought that? They way I see it this information is only important to Bitcoin insiders.. The general public can not infer one bit of meaning out of that change of policy by Citi, hence the lady tells it nonchalantly like it is. It must've been told to her unimportantly, and she just transmitted it. Or it just did not happen? |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 25, 2013, 05:59:55 AM |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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June 25, 2013, 06:02:46 AM |
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That smells like BS to me. She wouldn't know what was really going on.
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Voodah
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June 25, 2013, 06:17:18 AM |
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This is one heavy piece of information. holy crap indeed. It smells funny though because they were even willing to give a reason... who would've thought that? They way I see it this information is only important to Bitcoin insiders.. The general public can not infer one bit of meaning out of that change of policy by Citi, hence the lady tells it nonchalantly like it is. It must've been told to her unimportantly, and she just transmitted it. Or it just did not happen? I don't know if you are a Reddit user or not, but I am. It's a pretty different place from everywhere else on the net. And though in reality it is as anonymous as this forum is, everything in there is just more transparent, you can easily background check everyone (you can also do it here..it'll take longer i guess..). Anyway... the guy telling the story checks out pretty good imho.... |
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joesmoe2012
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June 25, 2013, 06:19:06 AM |
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He's talking about nz deposits though, not usd withdraws.
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Poll
