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Author Topic: oh joy  (Read 3988 times)
Hunterbunter
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March 27, 2012, 04:36:14 AM
 #41

I wonder if that's 100% of available funds for that person...they've staggered it...maybe to cancel on if the other is sold into or something?

Or maybe they're going to walk it up

Last time I checked you can sell bitcoins to yourself, so the wall is nothing.

Why would anyone do that? 1% fee for nothing?
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adamstgBit
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March 27, 2012, 04:37:50 AM
 #42

just noticed the wall...wow!
64,000 at $4.6

 ya me too thanks OP!

like I've been saying 8$ here we come  Cheesy

 

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March 27, 2012, 04:38:05 AM
 #43

Some of the bids at 4.5 moved up a bit...

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March 27, 2012, 04:39:32 AM
 #44

yeah and someone stepped in front of $4.6 with 21K btc's @ $4.61
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March 27, 2012, 04:40:42 AM
 #45


Why would anyone do that? 1% fee for nothing?

answer:  they wouldn't.  it would be a loss.
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March 27, 2012, 04:41:25 AM
 #46

yeah and someone stepped in front of $4.6 with 21K btc's @ $4.61

Its the same person I think...the $4.6 bid shrunk.
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March 27, 2012, 04:43:18 AM
 #47

yeah and someone stepped in front of $4.6 with 21K btc's @ $4.61

Its the same person I think...the $4.6 bid shrunk.

its not one person. 
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March 27, 2012, 04:45:43 AM
 #48

yeah and someone stepped in front of $4.6 with 21K btc's @ $4.61

Its the same person I think...the $4.6 bid shrunk.

its not one person. 

i wish their was a way to know for sure... but would it make a difference?

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March 27, 2012, 04:45:57 AM
 #49

didnt think of the 1% , just selloff is coming. wall is fake hope

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March 27, 2012, 04:48:22 AM
 #50

I never understood the meaning of the line on the far left (orange), and far right (blue). The middle green one is pretty straight forward. Anyone care to explain to an economics noob what I am looking at here? Embarrassed
Crypt_Current
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March 27, 2012, 04:50:46 AM
 #51

I never understood the meaning of the line on the far left (orange), and far right (blue). The middle green one is pretty straight forward. Anyone care to explain to an economics noob what I am looking at here? Embarrassed

Support / resistance.  The orange side (support) is a graphical representation of all the bids on the order book, blue (resistance) is all the asks.  It's a fun show, but doesn't really help determine anything.

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March 27, 2012, 04:51:07 AM
 #52

I never understood the meaning of the line on the far left (orange), and far right (blue). The middle green one is pretty straight forward. Anyone care to explain to an economics noob what I am looking at here? Embarrassed

by ineededausername:


You guys have really come up with somethin'
pirateat40
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March 27, 2012, 04:51:32 AM
 #53

its not one person. 

You sure about that?  Time to make some side bets?

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March 27, 2012, 04:53:33 AM
 #54

I never understood the meaning of the line on the far left (orange), and far right (blue). The middle green one is pretty straight forward. Anyone care to explain to an economics noob what I am looking at here? Embarrassed
LOL  sure!


orange is people trying to buy coins, hover your mouse on this line and you will see how many coins is required to bring the price down

blue is people trying to sell their coins, hover your mouse on this line and you will see how many dollars is required to move the price up


right now we see someone is trying to buy a fuck load of coins really close to last price.... when we first see this, we are filled with joy  Cheesy, but then we think, well may someone is just flashing their money trying to bring the price up  Lips sealed

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March 27, 2012, 04:53:45 AM
 #55

its not one person. 

You sure about that?  Time to make some side bets?

one person wouldn't separate their bids by only $0.01.  they'd set up wider bid points like $0.25 or $0.50 apart.

the $4.61 bid wall is likely someone who wants to cut in front of the person at $4.60
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March 27, 2012, 04:55:33 AM
 #56

its not one person. 

You sure about that?  Time to make some side bets?

one person wouldn't separate their bids by only $0.01.  they'd set up wider bid points like $0.25 or $0.50 apart.

the $4.61 bid wall is likely someone who wants to cut in front of the person at $4.60

Oh then let me fix that.  Sorry, I didnt know the trading etiquette.

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March 27, 2012, 04:56:13 AM
 #57

anyone see this wall being tested yet?


i mean if the price drops to the wall and the wall holds that would be ... a first

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March 27, 2012, 04:56:46 AM
 #58

this is more than just a flashing a price to try and manipulate up the price.  this would be too dangerous if the manipulator really didn't want to buy b/c its too close to last price.  a seller could sweep thru with a market order and sell into the wall before the manipulator had a chance to take it down.
Crypt_Current
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March 27, 2012, 04:56:58 AM
 #59

its not one person. 

You sure about that?  Time to make some side bets?

one person wouldn't separate their bids by only $0.01.  they'd set up wider bid points like $0.25 or $0.50 apart.

the $4.61 bid wall is likely someone who wants to cut in front of the person at $4.60

whoever it is just got MOAR EAGER

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Crypt_Current
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March 27, 2012, 04:58:12 AM
 #60

this is more than just a flashing a price to try and manipulate up the price.  this would be too dangerous if the manipulator really didn't want to buy b/c its too close to last price.  a seller could sweep thru with a market order and sell into the wall before the manipulator had a chance to take it down.

Bah, sounds like bull-dada  Grin

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