Wall Observer - MtGoxUSD wall movement tracker

[pirateat40]

C'mon, pirate, fess up, it's you, isn't it?

I dabble in trading, but more importantly look to stabilize our precious commodity.  It's my hope that one day we can all say we were here at the beginning.  

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[GeniuSxBoY]

Everyone wishes they had the power of the Federal Reserve Corporation to stabilize an economy on their own.

[proudhon]

Everyone wishes they had the power of the Federal Reserve Corporation to stabilize an economy on their own.

Gasp!  We solved it.

[Philj]

Again, this market is too small for this not to happen pretty regularly.  People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react.  This is not going to change until there are many, many more big players than there are right now.

I don't know how many times I've said that to people.  This isn't the stock market!

The manipulator speaks. He clearly has access to the bitcoins to put up a huge wall.

[proudhon]

Again, this market is too small for this not to happen pretty regularly.  People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react.  This is not going to change until there are many, many more big players than there are right now.

I don't know how many times I've said that to people.  This isn't the stock market!

The manipulator speaks. He clearly has access to the bitcoins to put up a huge wall.

We'd all be doing the same thing if we had 20k+ bitcoins plus a sizable amount of USD to play with.

[adamstgBit]

Again, this market is too small for this not to happen pretty regularly. People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react.  This is not going to change until there are many, many more big players than there are right now.

I don't know how many times I've said that to people.  This isn't the stock market!

your telling me the 1/4 million dollar wall at 6.50 that was sold into, should be ignored?
and when the rally first pushed over 6.60 and we saw all the ask walls pill up very quickly, we should ignore that too and just keep on buying?

depth is useful on any size market.

we see a lot of information, you can even see the manipulation of the market in action!

but i believe their isn't much "manipulation" going on, all we are seeing is buyers & sellers trying to get the best price using wtv means are available to them. call it manipulation if you what, i call it the free market at its best.


edit: I think i miss understood what was said... oh well wtv  

[beckspace]

OMG, there's a hole in the wall! Quick, run to 8, no resistance ahead!!

[ElectricMucus]

eery familiar this setup, so close together
same person?  

It's like pavlov's dog... which one is gonna be pulled first?

[niko]

The wall hasn't done much, despite the effort.

[ElectricMucus]

[RyNinDaCleM]

Again, this market is too small for this not to happen pretty regularly. People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react.  This is not going to change until there are many, many more big players than there are right now.

I don't know how many times I've said that to people.  This isn't the stock market!

your telling me the 1/4 million dollar wall at 6.50 that was sold into, should be ignored?
and when the rally first pushed over 6.60 and we saw all the ask walls pill up very quickly, we should ignore that too and just keep on buying?

depth is useful on any size market.

we see a lot of information, you can even see the manipulation of the market in action!

but i believe their isn't much "manipulation" going on, all we are seeing is buyers & sellers trying to get the best price using wtv means are available to them. call it manipulation if you what, i call it the free market at its best.


edit: I think i miss understood what was said... oh well wtv  

Depth charts like GoxLive and btccharts are the only reason the "wall" type manipulation works. It's known that many traders watch these sites religiously, and that is what makes it work. Without sites like these, large orders are just a string of numbers that would otherwise go unnoticed by many people, and the depth chart just makes it stick out like a sore dick.

[proudhon]

Again, this market is too small for this not to happen pretty regularly. People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react.  This is not going to change until there are many, many more big players than there are right now.

I don't know how many times I've said that to people.  This isn't the stock market!

your telling me the 1/4 million dollar wall at 6.50 that was sold into, should be ignored?
and when the rally first pushed over 6.60 and we saw all the ask walls pill up very quickly, we should ignore that too and just keep on buying?

depth is useful on any size market.

we see a lot of information, you can even see the manipulation of the market in action!

but i believe their isn't much "manipulation" going on, all we are seeing is buyers & sellers trying to get the best price using wtv means are available to them. call it manipulation if you what, i call it the free market at its best.


edit: I think i miss understood what was said... oh well wtv  

Depth charts like GoxLive and btccharts are the only reason the "wall" type manipulation works. It's known that many traders watch these sites religiously, and that is what makes it work. Without sites like these, large orders are just a string of numbers that would otherwise go unnoticed by many people, and the depth chart just makes it stick out like a sore dick.

Well, they're not going anywhere...Honestly, that this market can be manipulated so easily, and profitably, ought to actually attract better funded traders as word spreads, which, hopefully, will dampen the effect over time.

[byronbb]

C'mon, pirate, fess up, it's you, isn't it?

I dabble in trading, but more importantly look to stabilize our precious commodity.  It's my hope that one day we can all say we were here at the beginning.  

You dabble in trading but then "move the market"? The MANIPULATOR is a PIRATE!!!

[ineededausername]

The wall is being torn down right now... 12k BTC buy volume over the last few hours, a piddly 500 sell.  In fact, the first 10k wall already went down and then 2k more was bought, so only 18k left... 

[proudhon]

The wall is being torn down right now... 12k BTC buy volume over the last few hours, a piddly 500 sell.  In fact, the first 10k wall already went down and then 2k more was bought, so only 18k left... 

Shitting dick nipples!  You're right!

[ineededausername]

In your face, manipulator... only one wall left!  Suck it.
edit: 80% buy volume... is this the manipulator's first big defeat?

[pirateat40]

In your face, manipulator... only one wall left!  Suck it.
edit: 80% buy volume... is this the manipulator's first big defeat?

This sounds like your taunting him.

[ineededausername]

In your face, manipulator... only one wall left!  Suck it.
edit: 80% buy volume... is this the manipulator's first big defeat?

This sounds like your taunting him.

Is that wall yours, pirate?
If so, no taunting intended

[Spekulatius]

In your face, manipulator... only one wall left!  Suck it.
edit: 80% buy volume... is this the manipulator's first big defeat?

One wall comes down, another one goes up..

[bitcoinBull]

I think this could be the last we'll see of ask walls before breaking $7.2. The correction was triggered by pirate's change of terms. When the bitcoinica payouts get going, it will continue the rally.