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Author Topic: MtGox: Is the chart real?  (Read 514 times)
Ustler
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September 09, 2011, 05:18:51 PM
 #1

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


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

http://mtgoxlive.com/orders
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hightax
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September 09, 2011, 05:31:01 PM
 #2

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.
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September 12, 2011, 10:05:06 PM
 #3

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

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