Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[MickeyT2008]

There's something odd going on with Clarkmoody, it keeps showing walls then showing them as missing when I refresh the page.  The question is of course, are they there or not?  Maybe it's due to lag between the US based Clarkmoody and the Japan based MtGox.  Bitcoinity tells a different story too.

Clarkmoody often fails to show my asks and bids too

[1714071911]

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[1714071911]

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[1714071911]

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[fitty]

LOL... when did I comment on programming or math in this thread?  I agree that MtGox is crap, but complaining about it doesn't do any good.

Ad hominems don't make you right, and when they are baseless, they hurt your credibility.

Ad hominems? What the fuck. From the guy throwing out the "let's see you do better" logical fallacy. But wait, you agree with me. Do you even know what ad hominem means? I already know I'm right (which you agree with), I'm just calling you out because it's baffling anyone would object to discussion of extremely concerning flaws in the trading engine and why after 3 years they refuse to address it despite the fact they have plenty of money. It had nothing to do with my argument, MtGox is indefensible, that's a given.

Your programming knowledge comes into question when you defend MtGoxs trading engine. "Where's your exchange" implies it's harder then it looks, I doubt you could do better, and they're not as awful as you're saying. Which is why I thought you were 6 years old (and/or retarded). It's hardly baseless, your reply does make me think you're autistic. Sorry.

[fitty]

You can comment all you want.
Meanwhile, they are there and making money.

If things were this simple, they would have been out-competed years ago.
Or you have an incredible business opportunity.

So... when is your exchange launching? 

Who said it was simple? MtGox isn't #1 because of the quality of their site/engine. It's liquidity. It's a chicken/egg argument. There are plenty of market leaders who are poorly run. They remain market leaders for a number of reasons. You have this naive business paradigm that the biggest site is clearly the best, clearly well run, otherwise they wouldn't be number #1! Sadly in the real world, where real people live, that's not always true.

[MickeyT2008]

A fake approx 450BTC wall keeps appearing at $121, then not being there as soon as I refresh the page.  Why is this, and is this still the wall observer thread?

[fitty]

Sorry, I can only take so many YEARS of bitching and moaning about the same shit before I get sarcastic.  You've only had to put up with it for 3 months, so you probably have some patience left.  If he had added anything new, I wouldn't complain, but every point he brought up has been beat to death.

Apology not accepted. You should learn to control your nerd rage. It's offensive. The fact the lag continues after 3 years does open up new questions. It's clearly a fixable problem given the money they have. Why they won't bring in outside help to fix it is troubling.

There is a cool feature called ignore. There's also a cool feature called, "keep scrolling". Your mouse probably already has it. If it doesn't, they're pretty cheap. Look for the newfangled "scroll wheel". It's insane. It lets you scroll through the page really quickly. Skipping any shit you don't feel like reading. Crazy huh?

Next time you get REALLY REALLY upset at a post, take a time out. Here's 10 things you can try to make life on the internet a lot easier.

Mayo Clinic - Anger management: 10 tips to tame your temper

[Coinseeker]

[notme]

LOL... when did I comment on programming or math in this thread?  I agree that MtGox is crap, but complaining about it doesn't do any good.

Ad hominems don't make you right, and when they are baseless, they hurt your credibility.

Ad hominems? What the fuck. From the guy throwing out the "let's see you do better" logical fallacy. But wait, you agree with me. Do you even know what ad hominem means? I already know I'm right (which you agree with), I'm just calling you out because it's baffling anyone would object to discussion of extremely concerning flaws in the trading engine and why after 3 years they refuse to address it despite the fact they have plenty of money. It had nothing to do with my argument, MtGox is indefensible, that's a given.

Your programming knowledge comes into question when you defend MtGoxs trading engine. "Where's your exchange" implies it's harder then it looks, I doubt you could do better, and they're not as awful as you're saying. Which is why I thought you were 6 years old (and/or retarded). It's hardly baseless, your reply does make me think you're autistic. Sorry.

Do you know what ad hominem means?

An ad hominem (Latin for "to the man" or "to the person"[1]), short for argumentum ad hominem, is an argument made personally against an opponent instead of against their argument.

Instead of addressing the topic, you called me retarded .

Also, I never defended the MtGox trade engine.  It is harder than it looks, but mostly from a regulatory standpoint.  I agree their system is crap and could easily be improved upon.  But, instead of finding out the truth you make assumptions about me that lead you to believe I am of low intelligence.  I'm just tired of hearing the same shit repeated over and over.

[notme]

Sorry, I can only take so many YEARS of bitching and moaning about the same shit before I get sarcastic.  You've only had to put up with it for 3 months, so you probably have some patience left.  If he had added anything new, I wouldn't complain, but every point he brought up has been beat to death.

Apology not accepted. You should learn to control your nerd rage. It's offensive. The fact the lag continues after 3 years does open up new questions. It's clearly a fixable problem given the money they have. Why they won't bring in outside help to fix it is troubling.

There is a cool feature called ignore. There's also a cool feature called, "keep scrolling". Your mouse probably already has it. If it doesn't, they're pretty cheap. Look for the newfangled "scroll wheel". It's insane. It lets you scroll through the page really quickly. Skipping any shit you don't feel like reading. Crazy huh?

Next time you get REALLY REALLY upset at a post, take a time out. Here's 10 things you can try to make life on the internet a lot easier.

Mayo Clinic - Anger management: 10 tips to tame your temper

Lol... It wasn't an apology to you.  BitcoinAshley is actually a thoughtful member of the community.

You should learn to be nice.  You're offensive.  Being an asshole doesn't help anybody.

Anyway, congratulations, after 3 years on this board, you are the first one to make it on my ignore list.

[Frozenlock]

Who said it was simple? MtGox isn't #1 because of the quality of their site/engine. It's liquidity. It's a chicken/egg argument. There are plenty of market leaders who are poorly run. They remain market leaders for a number of reasons. You have this naive business paradigm that the biggest site is clearly the best, clearly well run, otherwise they wouldn't be number #1! Sadly in the real world, where real people live, that's not always true.

They are still there, while plenty of others were taken down by hacks, regulations, or plain arbitrary decisions from banks.
They are also located outside of USA. Which, in my book, is an advantage.

Does liquidity play in their favor? Sure.
However, I would argue that this is only a small advantage.

Another exchange, with the same characteristics as MtGox (except the liquidity), could probably
take a good chunk of the market by offering smaller fees.

[ChartBuddy]

[fitty]

LOL... when did I comment on programming or math in this thread?  I agree that MtGox is crap, but complaining about it doesn't do any good.

Ad hominems don't make you right, and when they are baseless, they hurt your credibility.

Ad hominems? What the fuck. From the guy throwing out the "let's see you do better" logical fallacy. But wait, you agree with me. Do you even know what ad hominem means? I already know I'm right (which you agree with), I'm just calling you out because it's baffling anyone would object to discussion of extremely concerning flaws in the trading engine and why after 3 years they refuse to address it despite the fact they have plenty of money. It had nothing to do with my argument, MtGox is indefensible, that's a given.

Your programming knowledge comes into question when you defend MtGoxs trading engine. "Where's your exchange" implies it's harder then it looks, I doubt you could do better, and they're not as awful as you're saying. Which is why I thought you were 6 years old (and/or retarded). It's hardly baseless, your reply does make me think you're autistic. Sorry.

Do you know what ad hominem means?

An ad hominem (Latin for "to the man" or "to the person"[1]), short for argumentum ad hominem, is an argument made personally against an opponent instead of against their argument.

Instead of addressing the topic, you called me retarded .

Also, I never defended the MtGox trade engine.  It is harder than it looks, but mostly from a regulatory standpoint.  I agree their system is crap and could easily be improved upon.  But, instead of finding out the truth you make assumptions about me that lead you to believe I am of low intelligence.  I'm just tired of hearing the same shit repeated over and over.

No, I addressed the topic, THEN called you retarded. That was a totally separate issue.

But the key point is why don't they fix it. I personally think they're insider trading the fuck out of the exchange which is why they keep running their home-brewed POS engine. Because they don't want someone else coming in and knowing what they're doing. In 2011 you could just say they're new, growing paints, etc.. But now? It's highly suspicious they refuse to address the problem. Call fucking IBM/Oracle, break them off 500k, pretty confident they'll fix it up within a month. As sloppy as Oracle can be, they still have some of the best DBAs on the planet available 24.7.

The fact they've made more money this year then all of last year, the trade engine is still a mess, brings up more and more questions about their credibility. It points to something else going on besides "it's a complicated system".

[fitty]

Lol... It wasn't an apology to you.  BitcoinAshley is actually a thoughtful member of the community.

You should learn to be nice.  You're offensive.  Being an asshole doesn't help anybody.

Anyway, congratulations, after 3 years on this board, you are the first one to make it on my ignore list.

She calls more people retarded then I do. And so far I've agreed with everyone she's slapped with that label.

You're the one who started with the snarky/sarcastic remarks. I just ended it. Show some respect, I was here before you. 

[fitty]

Who said it was simple? MtGox isn't #1 because of the quality of their site/engine. It's liquidity. It's a chicken/egg argument. There are plenty of market leaders who are poorly run. They remain market leaders for a number of reasons. You have this naive business paradigm that the biggest site is clearly the best, clearly well run, otherwise they wouldn't be number #1! Sadly in the real world, where real people live, that's not always true.

They are still there, while plenty of others were taken down by hacks, regulations, or plain arbitrary decisions from banks.
They are also located outside of USA. Which, in my book, is an advantage.

Does liquidity play in their favor? Sure.
However, I would argue that this is only a small advantage.

Another exchange, with the same characteristics as MtGox (except the liquidity), could probably
take a good chunk of the market by offering smaller fees.

Liquidity is a huge advantage. Have you been on the other exchanges? People do offer smaller fees.

Why was Internet Explorer the #1 browser for so long? Because they were better? Being bigger, being the market leader is a huge competitive advantage.

My point wasn't that MtGox sucks. It was more about my suspicion on why they haven't fixed the trade engine. It's not money. It's not because no one can fix it. They have 25M plans to be legit but there's no way they've made 25M. Unless of course they've been running a shady exchange, which also explains why they don't bring in outside help to fix the trading engine (or why it lags in the first place, because that creates more places they can inject trades).

[Frozenlock]

I used Cavirtex. Abyssal volume and 3% fees.  

Why was Internet Explorer the #1 browser for so long? Because they were better? Being bigger, being the market leader is a huge competitive advantage.

Explorer still plagues our lifes to this day because it always comes with Windows.

[notme]

You seem to be having a nice conversation with yourself.  Please post louder, I can't hear you:

[Frozenlock]

Gentlemen, you can't fight here, this is the wall movement tracker hardcore.

[notme]

Gentlemen, you can't fight here, this is the wall movement tracker hardcore.

[Frozenlock]

Update on the walls:

Not a darn movement. 

[solex]

Update on the walls:

Not a darn movement. 

Market is flat even on the weekly chart.

http://bitcoincharts.com/charts/mtgoxUSD#rg180zigWeeklyztgSzm1g10zm2g25

note: higher weekly lows for 4 weeks now...

[johnblaze]

rpetilia was arrested and is locked up in an insane asylum lol true story

who could have predicted that