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porcupine87
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March 06, 2014, 11:36:41 PM |
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orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
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UnDerDoG81
Legendary
 Offline
Activity: 2195
Merit: 1241
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March 06, 2014, 11:38:07 PM |
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very lame at the moment
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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March 06, 2014, 11:40:20 PM |
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orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now. |
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fotosonics
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March 06, 2014, 11:45:18 PM |
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orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now. Monday. Wait until Monday. |
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zyk
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March 06, 2014, 11:49:02 PM |
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orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now. Monday. Wait until Monday. does that mean the market will become efficient after three days of suckering in more wothless dollars before taking the hindmost?? OMG |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1039
Trusted Bitcoiner
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March 06, 2014, 11:51:40 PM |
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today was a low volume day
~10,230 coins were traded for ~6,800,000$
price ranged from 675 - 650
i'm pretty sure depth on both sides is meaningless
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porcupine87
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March 06, 2014, 11:53:55 PM |
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orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now. Who cares about the number of all bids or asks? Important are the coins to an realistic level. So maybe +-200$. And what does a sell order at 780$ mean? It just means, that a person would sell for this price if it jumps that high in the time he sleeps. If the price slowly rises, he might no sell at all... But what does matter are the orders near the price. btw: The orderbook of Bitstamp.net says there are 7450btc including 700$, Bitcoinwidsom only says 4470? |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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March 06, 2014, 11:54:26 PM |
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today was a low volume day
~10,230 coins were traded for ~6,800,000$
price ranged from 675 - 650
i'm pretty sure depth on both sides is meaningless
How can depth be meaningless? The ask end filled, the bid side didnt. orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now. Who cares about the number of all bids or asks? Important are the coins to an realistic level. So maybe +-200$. And what does a sell order at 780$ mean? It just means, that a person would sell for this price if it jumps that high in the time he sleeps. If the price slowly rises, he might no sell at all... But what does matter are the orders near the price. btw: The orderbook of Bitstamp.net says there are 7450btc including 700$, Bitcoinwidsom only says 4470? 700 got 8k in asks. Over 24 hours. Also, bitcoinwisdom is absolute garbage and I wish people would stop using it. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1031
Sine secretum non libertas
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March 06, 2014, 11:54:54 PM |
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A Glyptodon is not a dinosaur, and I fear someone is trying to foist off armadillos on the unsuspecting speculators, who are depending on dinosaurs for their inspiration. A plot to subvert our animal spirits? Beware, speculators, lest banker proxies inflate the sound crypto sauropod market with dilutive fiat mammals!
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virtualfaqs
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March 06, 2014, 11:55:38 PM |
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Chinese Slumber Dinosaur prediction for Friday Mar/07
So are we in a Velociraptor or Glyptodon market?  |
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dreamspark
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March 07, 2014, 12:02:31 AM |
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Also, bitcoinwisdom is absolute garbage and I wish people would stop using it.
I too have noticed that bitcoinwisdom reports very incorrect order sums. What site would you recommend to get a correct view of the books? |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1039
Trusted Bitcoiner
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March 07, 2014, 12:02:58 AM |
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today was a low volume day
~10,230 coins were traded for ~6,800,000$
price ranged from 675 - 650
i'm pretty sure depth on both sides is meaningless
How can depth be meaningless? The ask end filled, the bid side didnt. when a low volume low movement day's volume is roughly equal to the total bids or asks, looking at total bid or ask depth is meaningless. |
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porcupine87
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March 07, 2014, 12:03:11 AM |
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today was a low volume day
~10,230 coins were traded for ~6,800,000$
price ranged from 675 - 650
i'm pretty sure depth on both sides is meaningless
How can depth be meaningless? The ask end filled, the bid side didnt. You mean people are expecting it to break out? So they placing more orders? I would say the depth is more meaningful, when the price of the order is realistictly reachable in a couple of hours. But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled... |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1039
Trusted Bitcoiner
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March 07, 2014, 12:07:36 AM |
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today was a low volume day
~10,230 coins were traded for ~6,800,000$
price ranged from 675 - 650
i'm pretty sure depth on both sides is meaningless
How can depth be meaningless? The ask end filled, the bid side didnt. You mean people are expecting it to break out? So they placing more orders? I would say the depth is more meaningful, when the price of the order is realistictly reachable in a couple of hours. But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled... whats going to make it break is when suddenly the mini walls on the front lines won't be replaced when filled coming soon... T-4 hours with 78% probability |
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UnDerDoG81
Legendary
Offline
Activity: 2195
Merit: 1241
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March 07, 2014, 12:08:08 AM |
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But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled...
How will this look when we are at $3000-$4000 per BTC? Impossible for me... |
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JayJuanGee
Legendary
 Online
Activity: 4424
Merit: 14347
Self-Custody is a right. Say no to "non-custodial"
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March 07, 2014, 12:14:02 AM |
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So will BTC be on the cover of the next Newsweek?
Either Satoshi or Bitcoin will be Time's man of the year.... hehehe  By the way, what is CCMF? Is it "Choo Choo Mother Fucker?" |
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virtualfaqs
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March 07, 2014, 12:15:54 AM |
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So will BTC be on the cover of the next Newsweek?
Either Satoshi or Bitcoin will be Time's man of the year.... hehehe By the way, what is CCMF? Is it "Choo Choo Mother Fucker?" What about Mark? haha I wonder if mainstream knows Mark Karpelese more than Satoshi. |
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jojo69
Legendary
Offline
Activity: 3626
Merit: 5300
diamond-handed zealot
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March 07, 2014, 12:16:17 AM |
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DAILY CROSS!
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Ivanhoe
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March 07, 2014, 12:19:15 AM |
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DAILY CROSS!
This was always a good indicator in the past for starting rally's. Nice. |
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