Bitcoin Forum
April 27, 2018, 08:18:10 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 [780] 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 ... 1189 »
  Print  
Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805435 times)
samson
Legendary
*
Offline Offline

Activity: 1400
Merit: 1010


View Profile
March 25, 2013, 09:27:00 PM
 #15581

MtGox has a high incentive to allow small transactions as people making profit from them will reduce volatility, too.
They have an incentive to provide a fast service as speed should be the most important factor after liquidity and trustworthiness.
Arbitrarily small trades don't reduce volatility though, so it would definitely make sense to pass on the costs per trade as the minimum trade costs or to straight add them. Why not charge every trade with either $0.001+0.6% or max($0.001, 0.6%)? When MtGox doesn't make profit with a deal, why should the client?

I wonder how many of these bots are run by MtGox themselves ?
1524817090
Hero Member
*
Offline Offline

Posts: 1524817090

View Profile Personal Message (Offline)

Ignore
1524817090
Reply with quote  #2

1524817090
Report to moderator
Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
giszmo
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000


¡ɥɔʇɐʍ ʇsnɾ &#7


View Profile WWW
March 25, 2013, 09:28:34 PM
 #15582

This would be to encourage order consolidation and stop people from putting 1000 tiny orders in front of their own wall to give their bot time to move it when approached.

Pardon what? I mean I heard that a lot and it kind of went unchallenged all the time but could you please explain this?

So when I say I will buy at x for y, this will have to wait until maybe others buy at x for y before me but when I say I cancel my trade at x for y, I can overtake the queue? I mean how does that make sense?

giszmo
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000


¡ɥɔʇɐʍ ʇsnɾ &#7


View Profile WWW
March 25, 2013, 09:31:17 PM
 #15583

MtGox has a high incentive to allow small transactions as people making profit from them will reduce volatility, too.
They have an incentive to provide a fast service as speed should be the most important factor after liquidity and trustworthiness.
Arbitrarily small trades don't reduce volatility though, so it would definitely make sense to pass on the costs per trade as the minimum trade costs or to straight add them. Why not charge every trade with either $0.001+0.6% or max($0.001, 0.6%)? When MtGox doesn't make profit with a deal, why should the client?

I wonder how many of these bots are run by MtGox themselves ?

Ok, so if MtGox reports a market depth of X and that my Y dollars will buy me Z bitcoins and if I place a buy order and magically the market depth changes while my huge order is being processed, wouldn't that be a proof of MtGox cheating? I mean when I place my order out of the blue and not into a busy trading moment?

ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
March 25, 2013, 10:18:58 PM
 #15584



here it comes!

(BFL)^2 < 0
labestiol
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
March 25, 2013, 10:22:08 PM
 #15585

Yup, someone just put a ~1.5M$ wall at 51$ (28kBTC)

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 25, 2013, 10:25:44 PM
 #15586

Yup, someone just put a ~1.5M$ wall at 51$ (28kBTC)

Someone is really hopeful, ain't they?

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
Spaceman_Spiff
Legendary
*
Offline Offline

Activity: 1638
Merit: 1000


₪``Campaign Manager´´₪


View Profile
March 25, 2013, 10:28:15 PM
 #15587

Yup, someone just put a ~1.5M$ wall at 51$ (28kBTC)

Someone is really hopeful, ain't they?

Or about to dump.  Scare walls work both ways...
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 25, 2013, 10:30:34 PM
 #15588

Yup, someone just put a ~1.5M$ wall at 51$ (28kBTC)

Someone is really hopeful, ain't they?

Or about to dump.  Scare walls work both ways...

I am just reminded of last week when there was a $1mil wall at $30 for a long time then POW boom (think it was the one that pushed us over $50)

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
zoinky
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Web Developer


View Profile
March 25, 2013, 10:44:03 PM
 #15589

This week shall be interesting.
giszmo
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000


¡ɥɔʇɐʍ ʇsnɾ &#7


View Profile WWW
March 25, 2013, 10:44:54 PM
 #15590



This is the money visible in the order book, right? $9.000.000 and 50.000Ƀ. Wow.

Edit: Is there a chart of SUM(bid)/SUM(ask) and the actual price in one chart? I mean people will use everything to get people bullish or bearish so even this will be manipulated but it would be nice to see how good an indicator it was in the past.

ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
March 25, 2013, 10:49:02 PM
 #15591

This week shall be interesting.

which week wasn't? Smiley

(BFL)^2 < 0
qwk
Donator
Legendary
*
Offline Offline

Activity: 1750
Merit: 1193



View Profile
March 25, 2013, 10:49:38 PM
 #15592

15k sell wall? Or glitch?
Can't post pic on ipad.

Yeah, well... I'm gonna go build my own blockchain, with blackjack and hookers. In fact, forget the blockchain!
zoinky
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Web Developer


View Profile
March 25, 2013, 10:51:35 PM
 #15593

ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
March 25, 2013, 10:53:14 PM
 #15594

looks like someone's looking to get bought out...

(BFL)^2 < 0
proudhon
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
March 25, 2013, 10:58:33 PM
 #15595

Alright!  A proper sell wall.  I think the top is finally in!
ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
March 25, 2013, 10:59:57 PM
 #15596

Alright!  A proper sell wall.  I think the top is finally in!

oh, you just jinxed the top!  Grin

(BFL)^2 < 0
zkay
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
March 25, 2013, 11:00:17 PM
 #15597

Alright!  A proper sell wall.  I think the top is finally in!

For reals?

Sure seems quiet out there..
The-Real-Link
Hero Member
*****
Offline Offline

Activity: 511
Merit: 500


View Profile
March 25, 2013, 11:11:24 PM
 #15598

Lots of people sure seeming to be cashing out some pretty crazy profits today.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
fcmatt
Legendary
*
Offline Offline

Activity: 1288
Merit: 1001


The future is your Genome


View Profile
March 25, 2013, 11:17:02 PM
 #15599

Lots of people sure seeming to be cashing out some pretty crazy profits today.
Avalon i imagine. I was pleased to sell some at 76ish today.


.LET'S CHANGE GLOBAL HEALTHCARE TOGETHER.

JOIN OUR TOKEN CAMPAIGN!


                     ▄▄▄█████████▄▄▄
                 ▄▄████▀▀▀▀     ▀▀▀▀██▄▄
              ▄████▀                   ▀█▄▄
           ▄███▀       ▄████████▄         ▀▀
       ▄▄███▀        ▄███▀                 
    ▄▄███▀          ████   ▄███████▄                  ▄▄
 ▄▄█▀▀▀              ▀███▄       ▀███▄               ▄█▀
▀▀                     ▀███████▀   ████          ▄▄██▀
                                 ▄███▀        ▄▄██▀
               ▄▄          ▀███████▀       ▄██▀▀
                ▀█▄▄                  ▄▄███▀▀
                   ▀███▄▄▄▄    ▄▄▄▄████▀▀
                      ▀▀▀█████████▀▀▀


 ▄███████  ██    ██  ██  ██      ██  ▄███████▄   ▄████▄▄████▄
▐██        ██    ██  ██  ███    ███ ▐██▀   ▀██▌ ▐██   ██   ██▌
 ▀██████▄  ████████  ██  ▀███  ███▀ ▐██     ██▌ ▐██   ██   ██▌
       ██▌ ██    ██  ██    ██████   ▐██▄   ▄██▌ ▐██   ██   ██▌
 ███████▀  ██    ██  ██     ▀██▀     ▀███████▀  ▐██   ██   ██▌



██████████████████████████████████████████████████████████████
▄█▀        ▀█▄
██▀▀▀▀▀▀▀▀▀ ██
▐█▀▀▀▀▀▀   ▄█▌
 ▀▀█▄▄   ▄█▀▀
     ▀▄█▀▀
   ▄█▀▀ ▀█▄
 ▄█▀ ▄▄▄▄▄██▄
██ ▄▄▄▄▄▄▄▄▄██
▐█          █▌
 ▀█▄ ▀▀▀▀▀██▀
   ▀█  ▄▄█▀
    ▄▄█▀
  ▄██▄▄▄▄▀█▄
▄█▀        ▀█▄
██▀▀▀▀▀▀▀▀▀ ██
 ▀▀        ▀▀
TELEGRAM     MEDIUM    WECHAT
DISCORD     ANN THREAD    SLACK
TWITTER     FACEBOOK     REDDIT
ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
March 25, 2013, 11:18:03 PM
 #15600

Lots of people sure seeming to be cashing out some pretty crazy profits today.
Avalon i imagine. I was pleased to sell some at 76ish today.

well, whoever it is, they might run out of coins soon....

(BFL)^2 < 0
Pages: « 1 ... 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 [780] 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 ... 1189 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!