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GeniuSxBoY (OP)
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July 23, 2011, 07:31:28 PM |
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bots are trading with themselves at a high rate of speed.
placing from 4 to 10 simultaneous orders of bids and asks at a time... removing,rebidding, and trading...
ho hum.
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Be humble!
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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error
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July 23, 2011, 08:23:58 PM |
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bots are trading with themselves at a high rate of speed.
placing from 4 to 10 simultaneous orders of bids and asks at a time... removing,rebidding, and trading...
ho hum.
Yet another strong buy signal from you!  |
3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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notme
Legendary
 Offline
Activity: 1904
Merit: 1002
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July 23, 2011, 08:29:02 PM |
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GeniuSxBoY (OP)
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July 23, 2011, 08:45:47 PM |
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I think we are running out of huge orders that can shift the market.
What do you guys think?
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Be humble!
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stic.man
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July 23, 2011, 08:47:01 PM |
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the big buyers will show themselves with each significant piece of infrastructure, if they are developed of course.
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grod
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July 23, 2011, 08:58:41 PM |
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Big buyers will show themselves when there's some volume and a bigger community. There just isn't enough space in this tiny teardrop of a pond for even a medium sized fish to splash around in.
To get an idea of what that's like for any "big buyer" go ahead and try to trade on one of the exchanges with 20 btc/day volume. You'll feel cramped even with a tiny wallet.
That's why people with a few hundred K or more to put to work can't get into BTC, it's just too small of a market. Once we've grown from a community of 6,000 to say 600,000 (and if the 18% forum member growth rate is sustainable you can reasonably expect that size community some time next year) I think you'll start seeing more of that.
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Serge
Legendary
Offline
Activity: 1050
Merit: 1000
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July 23, 2011, 09:13:11 PM |
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i smell something brewing
mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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July 24, 2011, 01:52:36 AM |
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i smell something brewing
mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days
$15 here we come? |
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Serge
Legendary
Offline
Activity: 1050
Merit: 1000
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July 24, 2011, 02:29:47 AM |
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i smell something brewing
mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days
$15 here we come? $14 is a challenge at the moment, but with some recent publicity we might have nice little rally somewhere next week |
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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July 24, 2011, 02:34:01 AM |
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$14 is a challenge at the moment, but with some recent publicity we might have nice little rally somewhere next week
There's about 10k of BTC bids standing between $13 and $14 and only 2K of BTC asks |
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grod
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July 24, 2011, 03:42:01 PM |
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Could be seeing the results of CNN coverage. Got a my sells at 14.91, 15.91 and 16.91. That should do it for the next few days. If those get taken I'll sell the rest later. I think our forum member contrary indicator is more reliable than any other -- I'm banking on having a rally to sell into.
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