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BTCurious
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February 22, 2012, 09:58:42 PM |
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Wall gone, Rally start, Mtgoxlive down. GG.
Fix your API Mtgox! You're making way too much money with such a lousy and failing API.
http://www.btccharts.com/btccharts.com is good, very good, but it's not a complete replacement for the Mtgox API. A lot more programs/websites depend on the API. Of course. I figured for you personally it would work though, since you mentioned mtgoxlive specifically. |
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kokjo
Legendary
 Offline
Activity: 1050
Merit: 1000
You are WRONG!
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February 22, 2012, 10:01:29 PM |
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here we go again... buybuybuy-sellsellsell
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"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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bittenbob
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February 23, 2012, 03:06:26 AM |
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Looks like this attempt at a rally is failing. The two latest peaks or waves on the daily charts are lower than the previous ones. Expect a bigger drop next.
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teflone
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February 23, 2012, 03:12:01 AM |
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there were damaged peaks..
Due to crazy walls
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Electricbees
Sr. Member
Offline
Activity: 322
Merit: 250
We are bees, and we hate you.
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February 23, 2012, 04:39:53 AM |
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there were damaged peaks..
Due to crazy walls
I love walls... They make everyone go crazy and/or get bitchy. |
Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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ineededausername
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February 23, 2012, 05:24:59 AM |
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Wall got smaller in the last few hours, it's now 4k BTC  Bid side filling up nicely! Get ready.. something might happen  |
(BFL)^2 < 0
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ineededausername
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February 23, 2012, 05:28:43 AM |
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It's starting! Everyone tune in!
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(BFL)^2 < 0
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Kluge
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
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February 23, 2012, 05:35:08 AM |
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We can have one but it's not here yet. $4.80 and I will call a rally.
Are we close enough, now? |
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zvs
Legendary
Offline
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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February 23, 2012, 05:41:09 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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February 23, 2012, 05:41:59 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
Because a guaranteed profit sometimes beats placing an order and hoping the trend continues. |
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ineededausername
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February 23, 2012, 05:48:03 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
yes, seriously. If all the sellers just gathered up their coins and moved up, the price would go up  sarcasm |
(BFL)^2 < 0
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SlaveInDebt
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February 23, 2012, 05:59:26 AM |
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Up! Then down, down, down |
"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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bittenbob
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February 23, 2012, 06:02:36 AM |
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I'm thinking this might be due to people liquidating their short positions from $6. Who knows where we are going to end up after all this.
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notme
Legendary
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Activity: 1904
Merit: 1002
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February 23, 2012, 06:04:04 AM |
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I'm thinking this might be due to people liquidating their short positions from $6. Who knows where we are going to end up after all this.
3.8 |
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zvs
Legendary
Offline
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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February 23, 2012, 06:30:06 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
Because a guaranteed profit sometimes beats placing an order and hoping the trend continues. if you mean 'sometimes' as in '95% of the time you'll make less'... this isn't a sell at $4.69 after a buy at $4.70. it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark. |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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February 23, 2012, 06:36:55 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
Because a guaranteed profit sometimes beats placing an order and hoping the trend continues. if you mean 'sometimes' as in '95% of the time you'll make less'... this isn't a sell at $4.69 after a buy at $4.70. it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark. Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order. Some services do this automatically. |
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zvs
Legendary
Offline
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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February 23, 2012, 07:08:00 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
Because a guaranteed profit sometimes beats placing an order and hoping the trend continues. if you mean 'sometimes' as in '95% of the time you'll make less'... this isn't a sell at $4.69 after a buy at $4.70. it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark. Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order. Some services do this automatically. That doesn't make any sense. But I guess it's possible someone may have been using a buy stop, if such a thing exists somewhere (bitcoinica?). I have no clue, since I only use mtgox. |
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BTCurious
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February 23, 2012, 07:11:36 AM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
Because a guaranteed profit sometimes beats placing an order and hoping the trend continues. if you mean 'sometimes' as in '95% of the time you'll make less'... this isn't a sell at $4.69 after a buy at $4.70. it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark. Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order. Some services do this automatically. That doesn't make any sense. But I guess it's possible someone may have been using a buy stop, if such a thing exists somewhere (bitcoinica?). I have no clue, since I only use mtgox. Some companies accept bitcoin, but don't want to run the risk of the rate changing too much. So they set up a huge sell order for a very low price, and just send all their bitcoins to MtGox, where they're instantly converted to USD. |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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February 23, 2012, 02:54:41 PM |
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sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
Because a guaranteed profit sometimes beats placing an order and hoping the trend continues. if you mean 'sometimes' as in '95% of the time you'll make less'... this isn't a sell at $4.69 after a buy at $4.70. it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark. Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order. Some services do this automatically. That doesn't make any sense. But I guess it's possible someone may have been using a buy stop, if such a thing exists somewhere (bitcoinica?). I have no clue, since I only use mtgox. Some companies accept bitcoin, but don't want to run the risk of the rate changing too much. So they set up a huge sell order for a very low price, and just send all their bitcoins to MtGox, where they're instantly converted to USD. This. |
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