rampantparanoia
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September 18, 2013, 02:51:28 PM |
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the gox whale has migrated to bitstamp for the winter
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endlessdark
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September 18, 2013, 09:46:25 PM |
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ASKS Price Amount Value $127.96 0.50000000 $63.98 $127.99 81.82353198 $10,472.59 $128.00 865.38759445 $110,769.61
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derpinheimer
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September 19, 2013, 12:34:42 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
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prophetx
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he who has the gold makes the rules
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September 19, 2013, 12:40:46 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees...
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derpinheimer
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September 19, 2013, 12:47:14 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...?
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prophetx
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he who has the gold makes the rules
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September 19, 2013, 01:08:30 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? yes there is no way to prove that it was the same actor, but someone came in and bought 900ish right after around 1100 was dumped
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TERA
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September 19, 2013, 02:59:08 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? yes there is no way to prove that it was the same actor, but someone came in and bought 900ish right after around 1100 was dumped That would be some expensive manipulation. Let's say he's gotten his fee all the way down to 0.25% To trade 2000 coins in both directions: 2 x 2000BTC x .0025 = 10BTC * $125/BTC = $1250.
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DavidBAL
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Always riding the Bull...
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September 19, 2013, 03:10:07 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? yes there is no way to prove that it was the same actor, but someone came in and bought 900ish right after around 1100 was dumped That would be some expensive manipulation. Let's say he's gotten his fee all the way down to 0.25% To trade 2000 coins in both directions: 2 x 2000BTC x .0025 = 10BTC * $125/BTC = $1250. The cost of doing business. Expensive is a relative word...
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derpinheimer
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September 19, 2013, 04:24:29 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? yes there is no way to prove that it was the same actor, but someone came in and bought 900ish right after around 1100 was dumped Okay, so the guy sold and then put up an ask wall? Because doing an 1100 sell caused $3 slippage. A 900 buy would have probably moved the price to eating into the $128 askwall.
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thoughtfan
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September 19, 2013, 06:16:28 AM |
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Oh look, someone ate most of the bidwall. Btw that 800 ask isn't particularly large, and i don't think its new either
yea and then they bought it right back 60 seconds later for a $ less minus fees... History graph doesn't show any indication of that...? yes there is no way to prove that it was the same actor, but someone came in and bought 900ish right after around 1100 was dumped Okay, so the guy sold and then put up an ask wall? Because doing an 1100 sell caused $3 slippage. A 900 buy would have probably moved the price to eating into the $128 askwall. Could also just be someone painting the ticker for vol, bringing stamp usd 24hr volume up to 50% which looks impressive for anyone not realising there's only peanuts being traded virtually anywhere atm. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYgqjdNe.jpg&t=665&c=M-Q78I5Mh7drbg)
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xxjs
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September 19, 2013, 08:12:36 AM |
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It seems USD13 is the price per bitcoin to do arbitrage between gox and stamp.
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oda.krell
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September 19, 2013, 03:46:54 PM |
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Instead of looking at walls unfiltered, I prefer to see how the bid/ask ratio changes over time. 3 days ago I posted here that this ratio went up drastically, and price followed (125 to 128). The reversal of that ratio, starting yesterday, was even sharper. And price is already following again. Here's the corresponding 1w graph from coinorama: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXRPCqCU.png&t=665&c=uj4WPsTwYbzkBA) How do you read this? And don't just say "manipulation", but specify what's the goal of it. 'cause it sure doesn't look like straight-forward pump-and-dump, the increase was too incremental, and there was no huge sell-off at the peak either. I admit, I'm unsure what the reason is behind this. Could be an attempt to artificially prop up price, before the July uptrend finally breaks down. Could be an attempt to actively *bring down* the July uptrend. Could be plain old market insecurity ("is the trend over? or not?"). Your guess is as good as mine.
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MoreFun
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WePower.red
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September 19, 2013, 06:51:36 PM |
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That $123 wall is going to fall or be removed in 24 hours. We are sliding down.
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manfred
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Energy is Wealth
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September 21, 2013, 07:36:22 PM |
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mtgox isn't dead yet it still has volume during volatile movements. Your right Gox is't dead yet, but it may has cancer. There was a time it had more or less 100% market share. The way things are evolving gox plays second fiddle to Bitstamp in the US soon. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.minus.com%2FjYdcXIpscGgG4.jpg&t=665&c=B_RU44CV9CZmWA)
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prophetx
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he who has the gold makes the rules
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September 21, 2013, 08:47:46 PM |
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mtgox isn't dead yet it still has volume during volatile movements. Your right Gox is't dead yet, but it may has cancer. There was a time it had more or less 100% market share. The way things are evolving gox plays second fiddle to Bitstamp in the US soon. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.minus.com%2FjYdcXIpscGgG4.jpg&t=665&c=B_RU44CV9CZmWA) doubt it bitstamp does not have the people to set up shop in the usa, perhaps they would but why bother with the massive regulatory costs involved
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ElectricMucus
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Marketing manager - GO MP
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September 21, 2013, 11:42:29 PM |
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Nice chart, thanks. It seem to follow natural exponential decay.
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joesmoe2012
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September 22, 2013, 05:42:06 PM |
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Not in the US, but in USD. BitStamp isn't located in the US and services many currencies as well as USD (converted upon deposit/withdraw).
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derpinheimer
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September 23, 2013, 04:54:24 AM |
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mtgox isn't dead yet it still has volume during volatile movements. Your right Gox is't dead yet, but it may has cancer. There was a time it had more or less 100% market share. The way things are evolving gox plays second fiddle to Bitstamp in the US soon. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.minus.com%2FjYdcXIpscGgG4.jpg&t=665&c=B_RU44CV9CZmWA) doubt it bitstamp does not have the people to set up shop in the usa, perhaps they would but why bother with the massive regulatory costs involved Does this graph NOT disprove that theory of volume migrating to bitstamp? Because.. it sure looks that way. Looks like bitcoin trading volume has just simply plummeted from the April highs. Also, does http://trading.i286.org/bitstamp/?item=btc¤cy=usd function for any of you? MTGox version loads fine for me. Bitstamp one stopped working yesterday for me.
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dserrano5
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September 23, 2013, 06:14:17 AM |
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If volume was moving to bitstamp, shouldn't it be increasing in that chart? I see it is quite flat…
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