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Question: When will either 3.8 or 7.2 fall? [JUNE EDITION]
June - 14 (40%)
July - 8 (22.9%)
August - 3 (8.6%)
September - 1 (2.9%)
October - 1 (2.9%)
November - 3 (8.6%)
December - 0 (0%)
2013 - 2 (5.7%)
Never, Bitcoin will forever range in between - 3 (8.6%)
Total Voters: 35

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Author Topic: The Great Spring Stability of 2012 [NEW POLL: JUNE EDITION!]  (Read 4497 times)
molecular
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May 03, 2012, 07:26:05 PM
 #21

God, this market has become so incredibly predictable now, and profitably so.  I mean, seriously, the manipulators, if indeed they even exist, have allowed their manipulations to become a very predictable and profitable venture.

hehe. interesting. so you're saying one can profit by selling above $5 and buying below $5? Well, if everyone does this...

Stability!

So hope and fear are feeding the "steady hands"... for now.

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May 04, 2012, 02:16:34 AM
 #22

Where's September?

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May 04, 2012, 08:47:51 AM
 #23

Where's September?

Didn't you get the memo? September has been removed from the Gregorian Calendar by the flying spaghetti monster. Too many bad things happen in September.

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May 04, 2012, 08:32:06 PM
 #24

Where's September?

Didn't you get the memo? September has been removed from the Gregorian Calendar by the flying spaghetti monster. Too many bad things happen in September.



Well, that's the big question isn't it.  After the other 'observers' came to take him it appears that it's curtains for him.
N12 (OP)
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May 24, 2012, 04:17:26 AM
 #25

May almost over!
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May 24, 2012, 05:42:43 AM
 #26

May almost over!


Yerp!

Can't wait til the orange devours the blue:

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May 24, 2012, 05:47:29 AM
 #27

May almost over!


Yerp!

Can't wait til the orange devours the blue:


I don't think that's right.  There's nothing being reflected in the depth, unless it's filling back in super fast; but bitcoincharts.com doesn't show the volume to support those spikes.  I think this is just bad data.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 24, 2012, 06:00:58 AM
 #28

May almost over!


Yerp!

Can't wait til the orange devours the blue:


I don't think that's right.  There's nothing being reflected in the depth, unless it's filling back in super fast; but bitcoincharts.com doesn't show the volume to support those spikes.  I think this is just bad data.

Ah, yeah, I'm seeing stuff about this in other threads...

All I'm really concerned with is the current price of BTC in USD, though.  Seems to match what mtgox.com has.

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proudhon
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May 24, 2012, 06:07:15 AM
 #29

May almost over!


Yerp!

Can't wait til the orange devours the blue:


I don't think that's right.  There's nothing being reflected in the depth, unless it's filling back in super fast; but bitcoincharts.com doesn't show the volume to support those spikes.  I think this is just bad data.

Ah, yeah, I'm seeing stuff about this in other threads...

All I'm really concerned with is the current price of BTC in USD, though.  Seems to match what mtgox.com has.

What I'm concerned with is the market depth, because how much money I get for my bitcoins or how many bitcoins I get for my money is more closely related to the market depth than it is to the fancy ticker number.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 24, 2012, 06:22:45 AM
 #30


What I'm concerned with is the market depth, because how much money I get for my bitcoins or how many bitcoins I get for my money is more closely related to the market depth than it is to the fancy ticker number.

Okey dokey, captain high-pockets  Roll Eyes Grin

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molecular
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May 24, 2012, 11:14:55 AM
 #31


What I'm concerned with is the market depth, because how much money I get for my bitcoins or how many bitcoins I get for my money is more closely related to the market depth than it is to the fancy ticker number.

Okey dokey, captain high-pockets  Roll Eyes Grin

lol, was planning to say: "ooouuuh, you big shot, you!", but then I saw your reply, which is arguably better Wink

EDIT: actually, shouldn't it be "high-roller" or "deep-pockets" ?

EDIT2: tbh: if you're doing it right (selling/buying rather slowly), the market depth will not tell you much, either.

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proudhon
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May 24, 2012, 02:00:54 PM
 #32


What I'm concerned with is the market depth, because how much money I get for my bitcoins or how many bitcoins I get for my money is more closely related to the market depth than it is to the fancy ticker number.

Okey dokey, captain high-pockets  Roll Eyes Grin

Point taken, that was a douchey thing of me to say.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
molecular
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May 24, 2012, 03:00:09 PM
 #33


What I'm concerned with is the market depth, because how much money I get for my bitcoins or how many bitcoins I get for my money is more closely related to the market depth than it is to the fancy ticker number.

Okey dokey, captain high-pockets  Roll Eyes Grin

Point taken, that was a douchey thing of me to say.

At least we know what ball-park you play in now Wink

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May 24, 2012, 05:40:29 PM
 #34


What I'm concerned with is the market depth, because how much money I get for my bitcoins or how many bitcoins I get for my money is more closely related to the market depth than it is to the fancy ticker number.

Okey dokey, captain high-pockets  Roll Eyes Grin

Point taken, that was a douchey thing of me to say.

At least we know what ball-park you play in now Wink

proudhon sure did turn his frown upside down Shocked

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May 24, 2012, 07:04:02 PM
 #35

Anyone else watching some of the order book shuffling that's been going on over the past hour or so?  There were around 20,000BTCs at ~$6.10 that have been taken down and not too long ago about 20,000BTCs worth of USD appeared on the buy side.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 24, 2012, 07:51:41 PM
 #36

Anyone else watching some of the order book shuffling that's been going on over the past hour or so?  There were around 20,000BTCs at ~$6.10 that have been taken down and not too long ago about 20,000BTCs worth of USD appeared on the buy side.
interesting,

where on the buy side did it appear?

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May 24, 2012, 08:06:25 PM
 #37

Anyone else watching some of the order book shuffling that's been going on over the past hour or so?  There were around 20,000BTCs at ~$6.10 that have been taken down and not too long ago about 20,000BTCs worth of USD appeared on the buy side.
interesting,

where on the buy side did it appear?

Right at $5, I believe.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 25, 2012, 03:41:27 AM
 #38

Somebodys built a new secret rocket?

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May 25, 2012, 03:42:24 AM
 #39

Anyone else watching some of the order book shuffling that's been going on over the past hour or so?  There were around 20,000BTCs at ~$6.10 that have been taken down and not too long ago about 20,000BTCs worth of USD appeared on the buy side.

Maybe somebody accidentally put a 6 instead of a 5 last night, and then bots or whoever made those spikes and that was the problem gox had to fix?  Just some random speculation.

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molecular
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May 25, 2012, 08:41:32 AM
 #40

Anyone else watching some of the order book shuffling that's been going on over the past hour or so?  There were around 20,000BTCs at ~$6.10 that have been taken down and not too long ago about 20,000BTCs worth of USD appeared on the buy side.

Maybe somebody accidentally put a 6 instead of a 5 last night, and then bots or whoever made those spikes and that was the problem gox had to fix?  Just some random speculation.

I doubt someone put a 6 instead of a 5, that would've triggered more trades. Here the cancelled trades (resulting in mulitple spikes, not just one): https://mtgox.com/api/1/BTCUSD/public/cancelledtrades

and here crosspost from another thread about a similar (the same?) bug in september 2011:

https://bitcointalk.org/index.php?topic=83350.msg921075#msg921075

maybe relevant stackexchange question: http://bitcoin.stackexchange.com/questions/1032/what-happened-with-mtgox-on-2011-9-12

Quote from: macigaltux in september 2011
it happens when an order executes way too many orders at once

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