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Author Topic: Rally is starting  (Read 12215 times)
speeder
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September 30, 2011, 05:44:44 PM
 #21

5.2 wall got deleted

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teek
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September 30, 2011, 05:44:52 PM
 #22

what happened to that wall?  Tongue

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September 30, 2011, 05:45:49 PM
 #23

Where do you guys see these walls? Is there a good visual way to see all open offers?
speeder
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September 30, 2011, 05:47:18 PM
 #24

Where do you guys see these walls? Is there a good visual way to see all open offers?

mtgoxlive.com is my weapon of choice =D

(clarkmoody too, but right now mtgox websockets are broken)



You can see in realtime a HUUUUGE wall (literally, it shows in vertical a graph of orders), jsut go "poof" and a gray "ghost" line showing where it was... it is amazing.

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September 30, 2011, 05:47:45 PM
 #25

Where do you guys see these walls? Is there a good visual way to see all open offers?

http://mtgoxlive.com/orders

http://www.bitpools.com
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September 30, 2011, 05:49:24 PM
 #26

Looks like


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September 30, 2011, 05:50:55 PM
 #27

Yes, the wall was bought into a bit and then simply disappeared. Excellent!
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September 30, 2011, 05:51:04 PM
 #28

Looks like



I'm going to be the Manipulator for halloween.
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September 30, 2011, 05:55:10 PM
 #29

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

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September 30, 2011, 06:00:24 PM
 #30

BTC is back to the price it should be!
I see $7 unless someone cashes in 10k or something.

(BFL)^2 < 0
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September 30, 2011, 06:36:12 PM
 #31

Looks like [The Manipulator]

Hello, my name is dellusional.
Gerken
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September 30, 2011, 06:57:57 PM
 #32

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.   

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September 30, 2011, 07:00:14 PM
 #33

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.
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September 30, 2011, 07:00:33 PM
 #34

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.   

He did that many times before... it looks like he DOES NOT want to sell, only wants to keep the price where he wants...

In fact in some nights, a bid wall show up too, and keep the price stuck...

I guess that is done so that when the wealthy person/group/bot/whatever is ready to trade, the market is more or less where it was left.

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September 30, 2011, 07:08:38 PM
 #35

Where do you guys see these walls? Is there a good visual way to see all open offers?

 from http://bitcoinity.org/markets?theme=light 

circled area is a wall; if you mouse over it on the site, it will tell you how many orders are needed to get past that price

Gerken
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September 30, 2011, 07:09:45 PM
 #36

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.

I just said in the post you quoted, that is what I would do.  The real story is likely someone bought in on the dip in the past couple days, and is now waiting for a mini rally to sell them for a nice tidy profit.  Rinse and repeat.  You know, like people usually do with penny stocks?  All this talk of a manipulator trying to keep bitcoin down just reeks of people new to the markets, who need something to blame.  

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September 30, 2011, 07:20:50 PM
 #37

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.

I just said in the post you quoted, that is what I would do.  The real story is likely someone bought in on the dip in the past couple days, and is now waiting for a mini rally to sell them for a nice tidy profit.  Rinse and repeat.  You know, like people usually do with penny stocks?  All this talk of a manipulator trying to keep bitcoin down just reeks of people new to the markets, who need something to blame.  

Well, not exactly - you guarded it with 'if I thought the price had a good chance' - my question is did you see that chance?  This is just me being curious.  I think that 'The Manipulator' meme is entertaining.
Gerken
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September 30, 2011, 07:28:35 PM
 #38

The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.

I just said in the post you quoted, that is what I would do.  The real story is likely someone bought in on the dip in the past couple days, and is now waiting for a mini rally to sell them for a nice tidy profit.  Rinse and repeat.  You know, like people usually do with penny stocks?  All this talk of a manipulator trying to keep bitcoin down just reeks of people new to the markets, who need something to blame.  

Well, not exactly - you guarded it with 'if I thought the price had a good chance' - my question is did you see that chance?  This is just me being curious.  I think that 'The Manipulator' meme is entertaining.

Oh of course, you're right.  No I didn't, but I wasn't watching either, I am reading all this after the fact.  Just conjecture on my part!

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September 30, 2011, 09:24:30 PM
 #39

No legs on this rally so far.
phorensic
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September 30, 2011, 10:24:16 PM
 #40

It's almost a slow steady rise opposite of the slow steady fall we have been experiencing for weeks.  Sucks, cuz I just went short on Bitcoinica to test it out.
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