Abandon
Member
 Offline
Activity: 112
Merit: 10
|
 |
May 17, 2013, 08:58:42 PM |
|
Both walls appear to me to be lacking, yet the buy wall has many more orders, if that means much. So it looks like it will consolidate for a little while.
Anyone know of a good way to see if the market is over bought or sold?
|
|
|
|
|
|
|
|
|
|
|
|
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
samurai1200
|
|
May 17, 2013, 09:01:23 PM |
|
Has anybody else noticed the ultra short term inverse relationship between mtgox <-> btce?
When gox goes up btce goes down and verse visa.
I'm not sure exactly why, but it might be because they are more difficult to fund. They do have a lot of alt crypto-currencies, which can take away from what would normally be put into BTC. There's also the investors mentality, some exchanges have more bears than others. Perhaps there is something to do with the limited supply and demand as well. Eh its not really fair to look at very short term relationships between Gox/BTCe, considering the volume is ~2 decades less. Also, don't underestimate the trollbox. I've seen prices pushed around +/-2 USD from textpanic in there. In general, they follow each other proportionally. Also, yes, it is fun to play a bit of time-arbitrage with LTC. I have not seen, however, a separation of 10 USD/BTC Gox/BTCe in quite a while. |
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
May 17, 2013, 09:02:05 PM |
|
|
|
|
|
|
|
SlipperySlope
|
|
May 17, 2013, 09:23:35 PM |
|
If the low weekend volume that we have come to expect is not affected by the bitcoin conference, then the support wall at $122 and the resistance at $125 may hold until volume picks up late Sunday.  |
|
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
|
May 17, 2013, 09:42:15 PM |
|
Looks like a nice bull flag to me, not sure whether we have enough volume to break further upwards now though. But who knows, this is bitcoin.
|
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
May 17, 2013, 10:01:59 PM |
|
|
|
|
|
|
Digikeys
Member
Offline
Activity: 115
Merit: 10
|
|
May 17, 2013, 10:02:05 PM |
|
Someone is slowly offloading a lot of coins on Bitstamp at pretty reasonable prices...
|
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
May 17, 2013, 10:04:12 PM |
|
Someone is slowly offloading a lot of coins on Bitstamp at pretty reasonable prices...
The rats are leaving the ship. I think we can go as high as 20% cross exchange spread and gox under 50% of volume. |
|
|
|
|
|
wopwop
|
|
May 17, 2013, 10:05:45 PM |
|
Why would a rat leave a ship?
Unless it's sinking
|
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
May 17, 2013, 10:05:55 PM |
|
Someone is slowly offloading a lot of coins on Bitstamp at pretty reasonable prices...
The rats are leaving the ship. I think we can go as high as 20% cross exchange spread and gox under 50% of volume. Gogogo.... flee the gox |
|
|
|
|
crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
|
|
May 17, 2013, 10:06:27 PM |
|
Someone is slowly offloading a lot of coins on Bitstamp at pretty reasonable prices...
a $6 price difference that won't last long. I wish I had fiat on Bitstamp! |
|
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
|
May 17, 2013, 10:10:32 PM |
|
Someone is slowly offloading a lot of coins on Bitstamp at pretty reasonable prices...
a $6 price difference that won't last long. I wish I had fiat on Bitstamp! If you live in the EU you can get fiat in within 24 hrs with a SEPA deposit.  |
|
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
|
May 17, 2013, 10:15:28 PM |
|
Someone is slowly offloading a lot of coins on Bitstamp at pretty reasonable prices...
a $6 price difference that won't last long. I wish I had fiat on Bitstamp! If you live in the EU you can get fiat in within 24 hrs with a SEPA deposit. and you'll never get it back I haven't had any bad experience with them yet, good and responsive support and no problem moving fiat in and out at all. Did you have a problem with them? |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
May 17, 2013, 10:15:41 PM |
|
i'm not sure why, maybe it was my buys at 100$, but i'm:  up Up UP!  |
|
|
|
|
Abandon
Member
Offline
Activity: 112
Merit: 10
|
|
May 17, 2013, 10:21:17 PM |
|
Someone just sold 1160 bitcoins at once!
-edit-
Someone else sold 749!
|
|
|
|
|
|
SlipperySlope
|
|
May 17, 2013, 10:22:21 PM |
|
Bid wall at $122 is being consumed. Volume modest.
|
|
|
|
|
wilfried
Sr. Member
Offline
Activity: 288
Merit: 250
ManualMiner
|
|
May 17, 2013, 10:30:04 PM |
|
yeah, buy time
|
|
|
|
|
|
SlipperySlope
|
|
May 17, 2013, 10:31:57 PM |
|
Support bid wall at $120 has been removed in the face of this possible trend reversal.
|
|
|
|
|
samson
Legendary
Offline
Activity: 2097
Merit: 1070
|
|
May 17, 2013, 10:33:33 PM |
|
Support bid wall at $120 has been removed in the face of this possible trend reversal.
I noticed that - it's not looking so great right now |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
May 17, 2013, 10:34:32 PM |
|
 either you manipulate the walls or the walls manipulate you
|
|
|
|
|
|
Poll
