Bid ramp is the new bid wall

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Topic: Bid ramp is the new bid wall (Read 863 times)

Dan The Man (OP)

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Bid ramp is the new bid wall

October 21, 2011, 01:34:00 AM

Someone is getting creative.

Edit: maybe it was just temporary or a Bitcoinchart freakout, but I saw a massive block of bids between 2 and 2.3 dollars. They made a perfectly straight ramp up to 2 but now it seems to be gone. I guess this thread is now pointless.

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Re: Bid ramp is the new bid wall

October 21, 2011, 02:35:16 AM

Quote from: Dan The Man on October 21, 2011, 01:34:00 AM

They made a perfectly straight ramp[...]

MtGoxLive changed the way it displays the buy/sell lines recently.

Before, it would draw horizontal lines between orders. Now it draws ramps instead.

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cypherdoc

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Re: Bid ramp is the new bid wall

October 21, 2011, 02:36:32 AM

those bids at $2 remain. all of the current buying is new and unrelated. the bulls and short covering are back.

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