MtGox: Is the chart real?

[Ustler]

Look, there is literally a wall on the sell side. WTF?


[img=http://s2.postimage.org/1z9dbku5g/btc.jpg]

http://mtgoxlive.com/orders

[hightax]

Look, there is literally a wall on the sell side. WTF?


[img=http://s2.postimage.org/1z9dbku5g/btc.jpg]

http://mtgoxlive.com/orders

Ask walls haven't been automatically cancelled when they get bought into.  Bid walls disappear all the time though.  That was is most likely real.

[Cosbycoin]

Generally they are imaginary walls that disappear because the buyer or seller is interested in moving the market in the opposite direction.