Quantum_Negatum
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May 09, 2013, 02:28:22 PM |
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Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
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el_rlee
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May 09, 2013, 02:30:22 PM |
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Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
Not to my knowledge. I guess there are simply no buy/sell signals for the bots. What should a bot do if the market is moving sideways?
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Quantum_Negatum
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May 09, 2013, 02:32:52 PM |
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Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
Not to my knowledge. I guess there are simply no buy/sell signals for the bots. What should a bot do if the market is moving sideways? Someone posted on facebook about his price checker app getting banned. I presume it relied on the APIs. Gox has restricted bots in the past by doing something with the APIs or banning accounts/IPs. I can't find their post about it, but I know it's been done. Wouldn't be surprised if the same is going on now. *edit* Also, I'm seeing a lot less of the obvious bot orders (0.0001, etc). There are still a few, but it's a tiny fraction of what was going on yesterday.
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Ultraviolet
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May 09, 2013, 02:33:05 PM |
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Extended periods of low volume slowly creep up until the situation becomes characterized by a large market order. Market hasn't shown any willingness to break 116 since the last time it was 120 and 114 is also 12 hours behind us.
30k depth to 100 may be the only thing stopping the market sells
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molecular
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May 09, 2013, 02:35:34 PM |
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RSI flatline at exactly 50, with ridiculously low volumes. I don't know what to think. This being Bitcoin, it has to mean that something is about to get kicked loose, right?
Yes, I think so. However, it's also a christian holiday today as you might be aware.
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Richy_T
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May 09, 2013, 02:36:13 PM |
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What does slippage mean on theBTC clarkmoody page?
I think its how much money is wasted due to rounding error...not sure though... Nah, if you buy you buy from the asks but you cannot simply multiple the ask price with the amount of Bitcoins you want to buy if the number of Bitcoins you wish to buy exceeds the number of Bitcoins offered at that ask price. Slippage shows how much more you have to pay over the current market price to get the number of Bitcoins you wish to acquire. The same holds true for the selling side of course ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah, I think the rounding error is the plot to Superman 3.
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Quantum_Negatum
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May 09, 2013, 02:36:19 PM |
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Once the masses realize how important the bots are in pumping up the price to artificial levels, they will beg Gox to turn the bots back on.
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molecular
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May 09, 2013, 02:39:08 PM |
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How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266? Mere coincidence or divine forces at work? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There's nothing "divine" about a month, though. arbitrary human construct, no?
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Richy_T
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May 09, 2013, 02:39:32 PM |
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Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
Not to my knowledge. I guess there are simply no buy/sell signals for the bots. What should a bot do if the market is moving sideways? The error I'm getting with my bot is certificate verification failed. God only knows what they're up to. Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.
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Odalv
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May 09, 2013, 02:40:43 PM |
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Game over, new equilibrium has been found. :-)
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Jaques
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May 09, 2013, 02:42:53 PM |
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Risto got his 700 btc ... now worth 76,693.08 USD 92,000 was what he paid (+ bank fees for sure)
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molecular
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May 09, 2013, 02:44:36 PM |
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Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
my "client" is effectively disabled. can't do api calls at all. don't know what to do to get around cloudfare ddos protection stuff. apparently this: http://blog.cloudflare.com/introducing-im-under-attack-mode got activated. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fblog.cloudflare.com%2Fstatic%2Fimages%2Fshields_up.jpg.scaled500.jpg&t=665&c=zAmRciId1gMNWQ) crap, it's true. probably many bots are disabled. let's see what the humans do... probably not much.
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jasonjm
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May 09, 2013, 02:45:32 PM |
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bitcoin market is so thin I am still surprised
right now when i buy or sell 500 coins it can really move bitcoin around, sometimes 2%
if I changed that to 2000 coins, some people on this thread would probably call it a "mini wall" on the graphs
2000 coins at market would often move bitcoin 4% is my guess.
wondering what would have more effect on making the market go my way, walking it up or down, or just making my own mini wall?
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seleme
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May 09, 2013, 02:45:40 PM |
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Risto got his 700 btc ... now worth 76,693.08 USD 92,000 was what he paid (+ bank fees for sure)
When he sell them for 300k a piece in November and bank 200 millions you'd wish you haven't posted this ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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blackreplica
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May 09, 2013, 02:46:28 PM |
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If this is true im floored by how much bots contribute to volume. I must be a dinosaur here, tradingwith my brain, eyes and mouse
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Richy_T
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May 09, 2013, 02:46:43 PM |
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Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
my "client" is effectively disabled. can't do api calls at all. don't know what to do to get around cloudfare ddos protection stuff. apparently this: http://blog.cloudflare.com/introducing-im-under-attack-mode got activated. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fblog.cloudflare.com%2Fstatic%2Fimages%2Fshields_up.jpg.scaled500.jpg&t=665&c=zAmRciId1gMNWQ) crap, it's true. probably many bots are disabled. let's see what the humans do... probably not much. Try disabling certificate checking.
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wachtwoord
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May 09, 2013, 02:47:07 PM |
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Risto got his 700 btc ... now worth 76,693.08 USD 92,000 was what he paid (+ bank fees for sure)
They're not worth ~77k US today, he can sell them today for that amount. They are worth considerably more ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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notme
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May 09, 2013, 02:47:27 PM |
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How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266? Mere coincidence or divine forces at work? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There's nothing "divine" about a month, though. arbitrary human construct, no? Maybe not divine, but a month is not arbitrary. It is based on the lunar cycle.
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blackreplica
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May 09, 2013, 02:48:11 PM |
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How cool is it that the bearish highs and bullish lows have converged on the one month anniversary of the big crash from 266? Mere coincidence or divine forces at work? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There's nothing "divine" about a month, though. arbitrary human construct, no? Maybe not divine, but a month is not arbitrary. It is based on the lunar cycle. Thank you, was just about to post this
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Geist
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May 09, 2013, 02:48:52 PM |
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Risto got his 700 btc ... now worth 76,693.08 USD 92,000 was what he paid (+ bank fees for sure)
When he sell them for 300k a piece in November and bank 200 millions you'd wish you haven't posted this ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If he has any bitcoin when it hits $300k I'm sure what he posted in May will be the least of his concern.
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