Bitcoin Forum
December 05, 2016, 08:59:57 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Quick Market Analysis - 7/29 10 PM EST  (Read 2393 times)
DrYe5
Member
**
Offline Offline

Activity: 112


View Profile
June 30, 2011, 04:44:43 AM
 #21

You're misinterpreting what IS made available.

Or do you really think that EUR, GBP, OTC transactions, and even SSL don't make the market?

Where is that information available?

tips: 14Z1Bwa8bgEWphjD2qqaXMTY9ucutwuTw8
1480971597
Hero Member
*
Offline Offline

Posts: 1480971597

View Profile Personal Message (Offline)

Ignore
1480971597
Reply with quote  #2

1480971597
Report to moderator
1480971597
Hero Member
*
Offline Offline

Posts: 1480971597

View Profile Personal Message (Offline)

Ignore
1480971597
Reply with quote  #2

1480971597
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480971597
Hero Member
*
Offline Offline

Posts: 1480971597

View Profile Personal Message (Offline)

Ignore
1480971597
Reply with quote  #2

1480971597
Report to moderator
1480971597
Hero Member
*
Offline Offline

Posts: 1480971597

View Profile Personal Message (Offline)

Ignore
1480971597
Reply with quote  #2

1480971597
Report to moderator
bearbones
Sr. Member
****
Offline Offline

Activity: 317



View Profile WWW
June 30, 2011, 05:16:54 AM
 #22

You're misinterpreting what IS made available.

Or do you really think that EUR, GBP, OTC transactions, and even SSL don't make the market?

Where is that information available?

I don't know what to say. Is this your first time on the internet? ^^^links^^^

If you can make it onto IRC, I'd recommend it. You'll find market makers, among others. Always remember that bitcoin was created and pushed by pseudonymous figures. Privacy is one of the biggest benefits of bitcoin. Even if we counted all the orders on every public exchange of every currency, this type of analysis would be very speculative.

1,336,206.55 BTC have been sent in the last 24h. http://bitcoinwatch.com/

We will never know how 99% of them were spent.

[EDIT]Doing the math, 99% is probably an exaggeration. You might get up to 10%, if you tried really really hard[/EDIT].

Feed Ze Birds Pay and get paid for tweets
Coinapult Send Bitcoins easily over email or text message
Timo Y
Legendary
*
Offline Offline

Activity: 938


bitcoin - the aerogel of money


View Profile
June 30, 2011, 07:54:53 AM
 #23

The order book is very unreliable.  It's only a snapshot. There are lots of buyers and sellers with BTC or USD sitting in mtgox who don't place orders until the last moment. There are dark pools. There are large trades going on on bitcoin-otc. And finally, mtgox doesn't publish most of the order book. Only a narrow range. 

GPG ID: FA868D77   bitcoin-otc:forever-d
Litt
Sr. Member
****
Offline Offline

Activity: 350


View Profile
June 30, 2011, 08:30:01 AM
 #24

who is this guy and why is this on the discussion forum
hazek
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 30, 2011, 11:22:26 AM
 #25

Maybe I'm a noob here... but how are these figures relevant when there are "dark pools" which hide X amount of orders?

Furthermore, how many people just sit on the sidelines watching, without putting in formal bids? If I want to trade at X price, it doesn't mean I'll have a standing bid.

Seems that these are very big unknowns, no?

Not only that but mtgox, even though they plan on changing that, still only shows 0.73/1.73 of the depth table. That's right you only see the bids that are up to 27% under spot and you only see asks that are up to 73% above spot.

At least with TH we see the whole depth table.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!