Goxed - 15:30 open

[AtlasONo]

They had a week to panic and then settle down.

[dinzy]

I'm rather disappointed we didn't see more spectacular fluctuation. I overestimated the general public's compulsion to panic.

The smart ones sold with the intent to buy back and probably did just that.

[OVerLoRDI]

In case anyone was wondering, I successfully added some BTC to mtgox.  That side of things is working fine as well.

[Bazil]

I had to leave for an event before trading opened.  I had my wife on her Droid Phone hammering the buy button.  I got my buy order in, right at 14 where the market bottomed out!    Thank the Lord for smart phones!

[GeniuSxBoY]

Congrats. Now you have to decide where the top is!

[saadtariq30]

OH NOES!!! ABOUT TO BREAK 16$!!!!! ..

sorry..just so used to seeing threads and posts like that..

[GeniuSxBoY]

holy shi-------- someone put in a 6600 btc order in at $16.00

[TTBit]

so the bitcoin world came to an end a week ago, and coins are down $1 to $16.50? Looks pretty bullish to me.

[DonnyCMU]

holy shi-------- someone put in a 6600 btc order in at $16.00

Yeah... Is it possible that someone is trying to pump the market?
Normally, orders of this size would be in the dark pool.
By putting in a huge order in the normal pool, the graph now looks like $16.00 is a strong support and begin buying at current price.
But if people begin selling and take out the 300-500 btc on 16.3-16.4, that guy will quickly pull back and cancel his order.

[bitcoiners]

Looks to me like someone is trying to instill confidence in the market for people to buy higher then a savy trader quickly put in a huge sell order and make some money.  Meanwhile the huge 16.00 bid gets pulled.


Edit:
Noticed the 1000 BTC at 16.75 was pulled.  Allowing it to go higher yet.

[GeniuSxBoY]

it's still there for me

[Gladiator]

Is it time to dig out "RALLY!" thread? 

[GeniuSxBoY]

I should just quit now and come back tomorrow. This shit ain't moving anytime soon.

[GeniuSxBoY]

7000+ at $16.

[bitcoinBull]

holy shi-------- someone put in a 6600 btc order in at $16.00

Yeah... Is it possible that someone is trying to pump the market?
Normally, orders of this size would be in the dark pool.
By putting in a huge order in the normal pool, the graph now looks like $16.00 is a strong support and begin buying at current price.
But if people begin selling and take out the 300-500 btc on 16.3-16.4, that guy will quickly pull back and cancel his order.

That's an aggregate order.  A dark pool order needs to be of $10k or more.  The wall at $16 now is many buyers with less than $10k each.

[mpfrank]

Just after midnight (EDT), against the background of normal price changes, I noticed a strange isolated, momentary downwards price spike to $15 on the Mt. Gox feed, followed 20 minutes later by a minute-long upwards price spike to $18.  There was significant market depth around the background price of around $17 during this period, so I wonder how these sales (if real) could have happened.  Any thoughts?  Some kind of test perhaps?

[DamienBlack]

I know for a fact that no one bought there way through to these prices. They seem to be some type of noise, an error. I'm not sure if real transactions occurred at those prices (out of the proper order), or whether the charts are just reporting corrupt data.

[DamienBlack]

Very weird. Looks like someone got really lucky with those deals (and someone unlucky). Do you think someone found a glitch and is trying to manipulate the market my manipulating the charts, or is it just an honest mistake?

[mpfrank]

Maybe it's their way of setting the "high" and "low" for the day.   

[marhjan]

I noticed that also and was annoyed to find my buy order @ $15.51 had not been filled.  Very strange - would really like some sort of explanation on this...