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Lopumbo
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February 01, 2018, 01:07:22 PM |
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Check out GDAX. 2% of the volume (just to be generous). Right now 70 million USD of BTC can be sold down to 7000 USD/BTC.
correct Multiply that by about 50, and you get 3.5 billion USD of Bitcoin, more than 2 billion.
No it doesn't work that way. There are 1-2 leading exchanges and the rest follows through arbitrage. If Bitfinex or GDAX dumps hard, every exchange would dump. |
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ccminer.net
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February 01, 2018, 01:09:07 PM |
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Please pardon my ignorance but could you explain how to read these plots thx |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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February 01, 2018, 01:12:12 PM |
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Please pardon my ignorance but could you explain how to read these plots thx Go to the linked website. The curves on the left represent bids on the major exchanges (notice quantity by price on the scales). The curves on the right the amounts on bitcoins for sale on the same exchanges according the price. |
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mymenace
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Merit: 1061
Smile
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February 01, 2018, 01:16:27 PM |
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realr0ach
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Activity: 924
Merit: 311
#TheGoyimKnow
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February 01, 2018, 01:16:59 PM |
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Go to the linked website. The curves on the left represent bids on the major exchanges (notice quantity by price on the scales). The curves on the right the amounts on bitcoins for sale on the same exchanges according the price.
You forgot to tell him that when whales want to dump, they stack the bid side to feign buy support, then have bots auto-remove the bids when the dumps get close. Looking at walls is mostly useless besides determining what the Bitfinex spoofer is doing, or what he's trying to manipulate people into thinking. |
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rezurect007
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February 01, 2018, 01:24:26 PM |
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Wall is pulled completely:  Note: Walls keeps popping up and disappearing |
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mike4001
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February 01, 2018, 01:27:12 PM |
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Well
I predicted it several times and most people said bitcoin will rise soon.
... lol
We won't fall down to 0 of course, but don't epect anything over 10-12k before 2020.
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 01, 2018, 01:31:01 PM |
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The problem with merit is it doesn't account for the amount of bad posts that someone makes. Someone could make some good posts to get merit but also make tons of bad posts. To fix this problem we would either need demerits or to display to a merit-to-post-count ratio.
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vroom
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Activity: 1358
Merit: 2442
a Cray can run an endless loop in under 4 hours
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February 01, 2018, 01:37:03 PM |
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the I predicted it several times people are coming...
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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February 01, 2018, 01:37:07 PM |
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The problem with merit is it doesn't account for the amount of bad posts that someone makes. Someone could make some good posts to get merit but also make tons of bad posts. To fix this problem we would either need demerits or to display to a merit-to-post-count ratio.
Stop shilling for unsound digital craptocurrencies and #releasethememo.  |
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Karartma1
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Activity: 2310
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February 01, 2018, 01:40:19 PM
Last edit: February 01, 2018, 04:50:19 PM by Karartma1 |
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snip
I miss Jimbo's posts. This thread now is a bear tavern. Let the man rest and have fun on his vacation. He deserved it. About your comment: don't get fooled. This is and will always be the most bullish thread of the entire house! ETH always the best performance  By the way, ETH Flippening watch +69,2% snip Go back to your Ethereal cave. (Where are dMerits when one needs them?) |
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TERA2
Full Member
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Deb Rah Von Doom
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February 01, 2018, 01:43:56 PM |
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itll rebound a little after filling that stupid wall
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Dakustaking76
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February 01, 2018, 01:44:22 PM |
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Can someone explain Why are we again falling down?
Is it beceause of the fud? Panic?
What fud came out? Ore there ja Just a big sell wall??
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bikerleszno
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February 01, 2018, 01:46:40 PM |
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Well
I predicted it several times and most people said bitcoin will rise soon.
... lol
We won't fall down to 0 of course, but don't epect anything over 10-12k before 2020.
LOL Funny  |
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UnDerDoG81
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February 01, 2018, 01:52:57 PM |
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Thats sad, what a mess. The sadest thing is, I feel like there was no bloodbath yet  |
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hisslyness
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Activity: 841
Merit: 2136
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February 01, 2018, 01:56:46 PM |
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This is bullshit.. i just watched a 1000 BTC buy-wall get sold out in 2 secs?? wtf?
EDIT: at $9300 on bitfinex
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rezurect007
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Activity: 70
Merit: 7
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February 01, 2018, 01:59:23 PM |
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Wall is pulled completely: Note: Walls keeps popping up and disappearing 1000 BTC Wall retreats to 9200  |
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toknormal
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Activity: 3066
Merit: 1188
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February 01, 2018, 02:05:13 PM |
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It's a propellor overheat correction.
It'll hit around 8500 to 9000 and then start to work it's way back up to the spinner at around $13800 over a period of 3-4 weeks.
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Wilhelm
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Activity: 1652
Merit: 1265
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February 01, 2018, 02:08:20 PM |
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Can someone explain Why are we again falling down?
Is it beceause of the fud? Panic?
What fud came out? Ore there ja Just a big sell wall??
Stupid money didn't get rich quick |
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