|
donut
|
 |
November 06, 2013, 09:02:30 PM |
|
I think a lot of people are using this situation to hop over from MtGox to Bitstamp.
|
|
|
|
|
|
|
|
|
|
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
DougTanner
|
|
November 06, 2013, 09:03:09 PM |
|
Stamp still pushing higher.  |
|
|
|
|
DaSheep
Member
 Offline
Activity: 112
Merit: 10
|
|
November 06, 2013, 09:09:26 PM |
|
 Dude is totally doing it wrong... He's also killing all the nice momentum  where's this chart from? like it it's from a tool I hacked together for the Market Depth Timelapse. |
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
|
November 06, 2013, 09:18:09 PM |
|
Contact. Let's see if this wall holds....
|
|
|
|
|
shizuska
Newbie
Offline
Activity: 41
Merit: 0
|
|
November 06, 2013, 09:18:34 PM |
|
Seems like stamp and gox prices are evening out, is it positive or negative in any way? What do you think?
|
|
|
|
|
meh32123
Member
Offline
Activity: 111
Merit: 10
|
|
November 06, 2013, 09:18:58 PM |
|
Nice some nibbling at the wall!
|
|
|
|
|
neutrinox
Full Member
Offline
Activity: 182
Merit: 100
1MCKW9AkWj3aopC1aPegcZEf2fYNrhUQVf
|
|
November 06, 2013, 09:19:14 PM |
|
Sorry for asking such a basic question but I'm still not sure I fully understand how to read these charts: For example I took this order book print from Bitstamp 5 minutes ago. Doesn't it mean basically that there is a lot more depth in the bid side compared to the ask side? So isn't that a very bullish signal (more people want to buy than sell)? But I often see similar charts without very bullish comments, which makes me wonder if I'm not understanding some factor here?  |
|
|
|
|
|
mccorvic
|
|
November 06, 2013, 09:19:46 PM |
|
Gentlemen, we've made contact with the wall. Prepare your USD cannons!
|
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
|
November 06, 2013, 09:25:33 PM |
|
Sorry for asking such a basic question but I'm still not sure I fully understand how to read these charts: For example I took this order book print from Bitstamp 5 minutes ago. Doesn't it mean basically that there is a lot more depth in the bid side compared to the ask side? So isn't that a very bullish signal (more people want to buy than sell)? But I often see similar charts without very bullish comments, which makes me wonder if I'm not understanding some factor here? https://i.imgur.com/nHAFfxP.jpgIt's what you can't see on the order book that you have to consider too. Some whales seem to wait until the bid depth has risen sufficiently, then they dump 2 or 5 or even 10 thousand coins into the bid side. I think that's why some people get nervous when the order book fills up on the bid side like that |
|
|
|
|
|
ag@th0s
|
|
November 06, 2013, 09:26:21 PM |
|
Set the controls for the heart of the sun....
|
|
|
|
|
P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
|
|
November 06, 2013, 09:30:08 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR, 6000BTC wall at 847PLN, 6000BTC wall at 287AUD and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
|
|
|
|
|
|
Hfertig
|
|
November 06, 2013, 09:31:22 PM |
|
Sorry for asking such a basic question but I'm still not sure I fully understand how to read these charts: For example I took this order book print from Bitstamp 5 minutes ago. Doesn't it mean basically that there is a lot more depth in the bid side compared to the ask side? So isn't that a very bullish signal (more people want to buy than sell)? But I often see similar charts without very bullish comments, which makes me wonder if I'm not understanding some factor here? It was mentioned in this thread before. We should not forget, there are currently USD 2.5 Mio lend on Bitfinex for Bitcoin long positions. I wonder how many coins are behind this sum (10000-15000?). With 57% pa, they are going to hit these bids sooner or later or will act as a future wall. |
|
|
|
|
|
Hfertig
|
|
November 06, 2013, 09:33:06 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
wow, can´t believe I missed that one. Well spotted. Thank you |
|
|
|
|
dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
|
|
November 06, 2013, 09:35:00 PM |
|
Would it be so bad if BTC traded sideways between 250 and 270 for a few weeks before its next big move upward?
|
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
|
November 06, 2013, 09:35:09 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
Pretty sure they'll be the same coins. Gox uses some sort of cross-currency system to fill orders so I wonder if the wall is reflected in all the currencies used in that system |
|
|
|
|
P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
|
|
November 06, 2013, 09:35:22 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
wow, can´t believe I missed that one. Well spotted. Thank you Its the same coins, I made the same mistake before. You can do that? Thought that you had to have the coins for each? |
|
|
|
|
strawbs
Legendary
Offline
Activity: 868
Merit: 1340
|
|
November 06, 2013, 09:35:44 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
wow, can´t believe I missed that one. Well spotted. Thank you Its the same coins, I made the same mistake before. Yup, same coins just expressed in a different currency |
|
|
|
|
P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
|
|
November 06, 2013, 09:36:35 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
Pretty sure they'll be the same coins. Gox uses some sort of cross-currency system to fill orders so I wonder if the wall is reflected in all the currencies used in that system Hmm, ok. Guess that makes sense to self arbitrate. |
|
|
|
|
|
seldon
|
|
November 06, 2013, 09:37:26 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
wow, can´t believe I missed that one. Well spotted. Thank you Its the same coins, I made the same mistake before. Yup, same coins just expressed in a different currency Numbers seem to be pretty round for that, don't they? EDIT: nevermind, they are not round Anyways, has Bitstamp ever seen so few coins for sale ever? 3.3k to 300$, 5.8 to 400.. |
|
|
|
|
|
Hfertig
|
|
November 06, 2013, 09:37:36 PM |
|
anyone notice that MtGox also has 8000BTC ask wall at 170GBP, 6000BTC wall at 202EUR and 6000BTC wall at 285CAD.
So with the 6000BTC at 267USD, that's... a lot of BTC for sale.
wow, can´t believe I missed that one. Well spotted. Thank you Its the same coins, I made the same mistake before. Yup, same coins just expressed in a different currency Interesting....and thanks again |
|
|
|
|
|
Poll
