ChartBuddy
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September 04, 2013, 07:02:22 AM |
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ChartBuddy
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Activity: 2310
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September 04, 2013, 08:02:17 AM |
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manfred
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Activity: 966
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Energy is Wealth
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September 04, 2013, 08:35:44 AM |
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This waiting game is awful. No whale bidwalls to re-assure us; no whale asks to scare us. Nothing. Its just a game of waiting for the first massive market order followed by a wall. Market buys that dont cleanly take us over 150 seem irrelevant to the market right now. So, if the price really does go up, its probably going to have a bid wall on 150, leaving anyone who sold below 150 stuck buying back at a loss if they desire.
And I'd imagine if someone decides its time to go down, we'll have a nice ask on 140, since there is no depth below that.
A 10k sell takes the price to 130.. another 10k? 119... Another? 110. No depth above 120. Its just weird it hasnt filled in at all over these past few days. Murky waters are expected following such huge price changes, but its had time to build.
Anyone have some opinions? Is this just a 125 repeat where just when market sentiment flips, "they" buy, or are "they" done?
Seems like bitcoin is gaining more utility and not just sitting on exchanges. Seams to be the case. Its midweek, over 8 hours of trading and volume on gox us market is 1k.
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ChartBuddy
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Activity: 2310
Merit: 1801
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September 04, 2013, 09:02:26 AM |
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bitcodo
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September 04, 2013, 09:27:59 AM |
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Seems like bitcoin is gaining more utility and not just sitting on exchanges.
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JimboToronto
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Activity: 4144
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You're never too old to think young.
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September 04, 2013, 09:47:11 AM |
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Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.
Some whale(s) is a control freak.
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2013, 10:02:18 AM |
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Rampion
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Activity: 1148
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September 04, 2013, 10:31:51 AM |
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Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.
Some whale(s) is a control freak.
what whale? The biggest buy was 300ish BTC, and in the last hour the total volume is roughly 1k BTC. Those are not whales, those are mice.
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JimboToronto
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Activity: 4144
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You're never too old to think young.
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September 04, 2013, 10:37:46 AM |
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Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.
Some whale(s) is a control freak.
what whale? The biggest buy was 300ish BTC, and in the last hour the total volume is roughly 1k BTC. Those are not whales, those are mice. True. I noticed after posting that the .5k was eaten in two gulps, not one. I've since made some coffee.
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2013, 11:02:24 AM |
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2013, 12:02:18 PM |
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telemaco
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September 04, 2013, 12:34:06 PM |
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Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.
Some whale(s) is a control freak.
what whale? The biggest buy was 300ish BTC, and in the last hour the total volume is roughly 1k BTC. Those are not whales, those are mice. True. I noticed after posting that the .5k was eaten in two gulps, not one. I've since made some coffee. I think there is a lot of volume in china
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2013, 01:02:18 PM |
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StarenseN
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Activity: 2478
Merit: 1362
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September 04, 2013, 01:04:28 PM |
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Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.
Some whale(s) is a control freak.
what whale? The biggest buy was 300ish BTC, and in the last hour the total volume is roughly 1k BTC. Those are not whales, those are mice. True. I noticed after posting that the .5k was eaten in two gulps, not one. I've since made some coffee. I think there is a lot of volume in china http://bitcoinaverage.com/#CNY 11.3K http://bitcoinaverage.com/#USD 21K Can help as well to compute the numbers.
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Zangelbert Bingledack
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Activity: 1036
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September 04, 2013, 01:14:27 PM |
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Holy smokes! When did China become a third of the total global exchange volume?!
And how fast are they coming up?
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tarmi
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Activity: 1232
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September 04, 2013, 01:19:54 PM |
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When did China become a third of the total global exchange volume?!
I guess when they started to manufacture and deploy en masse cheap ASICs.
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NUFCrichard
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Activity: 1218
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September 04, 2013, 01:23:04 PM |
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There is room for growth in the Brazilian market! Only 1.34 ฿ in the last 24h!
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ChartBuddy
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Activity: 2310
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2013, 02:02:25 PM |
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Zaih
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September 04, 2013, 02:07:28 PM |
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Why's BTC-E lower than the rest?
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prophetx
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he who has the gold makes the rules
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September 04, 2013, 02:13:41 PM |
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Why's BTC-E lower than the rest?
why do you ask? have you ever seen it higher?
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