Bitcoin Forum
November 01, 2024, 11:59:58 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Growing gap indicating mayor crash?  (Read 5881 times)
kwukduck (OP)
Legendary
*
Offline Offline

Activity: 1937
Merit: 1001


View Profile
May 17, 2014, 07:45:53 AM
 #1

Anyone else notice how the gap between the orderbooks has been growing quickly since two days?
In classic stock markets this has often been correlated with an upcoming huge collapse of the stock.
I know bitcoin cant be compared 1on1 but what does this possibly mean for bitcoin?

Scary developments...

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
TERA
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
May 17, 2014, 08:12:17 AM
 #2

What is this gap you are speaking of? Is it the missing data feed from bitstamp on bitcoinity?
kwukduck (OP)
Legendary
*
Offline Offline

Activity: 1937
Merit: 1001


View Profile
May 17, 2014, 08:32:18 AM
 #3

Im talking about the gap between the bid and ask, causing big swings in very short time frames

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
TERA
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
May 17, 2014, 08:34:18 AM
 #4

Im talking about the gap between the bid and ask, causing big swings in very short time frames
Can you show me this gap on a chart so I know you're not referring to the error on bitcoinity.

Also, what swings? This is the least volatile that bitcoin has ever been.
rudius
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
May 17, 2014, 08:38:47 AM
 #5

Im talking about the gap between the bid and ask, causing big swings in very short time frames

that s called  "spread", not gap. Gap is a no continuity in price. Should not happen with BTC as it is open 24/24
Its About Sharing
Legendary
*
Offline Offline

Activity: 1442
Merit: 1000


Antifragile


View Profile
May 17, 2014, 08:43:44 AM
 #6

The spread is around $2 on Stamp, and not much there at that spread.
https://www.bitstamp.net/market/order_book/

Not sure about the history of a large spread and crashes. I know the spread was often large in the past, but generally after volatility came.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
Foxpup
Legendary
*
Offline Offline

Activity: 4530
Merit: 3183


Vile Vixen and Miss Bitcointalk 2021-2023


View Profile
May 17, 2014, 09:49:32 AM
 #7

Mayor crash?


Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
spiderbrain
Legendary
*
Offline Offline

Activity: 889
Merit: 1013



View Profile
May 17, 2014, 10:59:09 AM
 #8

Big spreads are low liquidity, which goes with the super low volume we're having lately. Low volume and slower momentum in a down trend can mean that the down trend is ending, so I don't think it points to a crash coming, but I don't claim to be particularly good at this. The btstamp wall is looking a lot better the last few days, though, 7k @500 vs 10k @400, but that's not as good an indication as it used to be.

freedomno1
Legendary
*
Offline Offline

Activity: 1806
Merit: 1090


Learning the troll avoidance button :)


View Profile
May 17, 2014, 11:02:39 AM
 #9

Im talking about the gap between the bid and ask, causing big swings in very short time frames
Which charts are you referring to coinbuddy or an exchange anyways guess we will see in a day or two anyways since this is a short duration prediction.

Believing in Bitcoins and it's ability to change the world
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!