Wall Observer - MtGoxUSD wall movement tracker

[lebing]

Is it too soon to assume that 14.10 is the new 13.50?

Yeah. That little retracement was necessary before the next push up. Strange timing, but we may see 15 before Monday on all of the good news coming out lately.

[adamstgBit]

every time i look at the chart i here this song in my head

Up up UP! upup UP UP UP!
Oh shit bitcoin's going
Up up UP! upup UP UP UP!
Up up UP! upup UP UP UP!
Up up UP! upup UP UP UP!
Oh shit their going!
Up up UP! upup UP UP UP!

[420]

When you don't know what its gonna do...just guess that it goes up

[thoughtfan]

Am I sad or is this really better than TV? 

[thoughtfan]

WOOOOOOOOOOOOW!! That was fun 

[thoughtfan]

...as the bears scribble over recent history...

[420]

saying its over for now? is that the biggest rally before ASIC's hit and plugin in mass?

[mccorvic]

Yet another idiot dumper who couldn't realize he'd of made more money if had just waited a few more days

[420]

Yet another idiot dumper who couldn't realize he'd of made more money if had just waited a few more days

it's obvious you don't smell a weekend dip then

[thoughtfan]

...and the bulls stampede for cover...

[mccorvic]

Yet another idiot dumper who couldn't realize he'd of made more money if had just waited a few more days

it's obvious you don't smell a weekend dip then

I lost my sense of smell in a terrible windmill accident several years back.

[420]

Yet another idiot dumper who couldn't realize he'd of made more money if had just waited a few more days

it's obvious you don't smell a weekend dip then

I lost my sense of smell in a terrible windmill accident several years back.

I fucked up the text but I left it to be funnier

[mccorvic]

Yet another idiot dumper who couldn't realize he'd of made more money if had just waited a few more days

it's obvious you don't smell a weekend dip then

I lost my sense of smell in a terrible windmill accident several years back.

I fucked up the text but I left it to be funnier

You laugh, but it hurt like hell!

[ArticMine]

every time i look at the chart i here this song in my head

Up up UP! upup UP UP UP!
Oh shit bitcoin's going
Up up UP! upup UP UP UP!
Up up UP! upup UP UP UP!
Up up UP! upup UP UP UP!
Oh shit their going!
Up up UP! upup UP UP UP!

There are still some coins left on Virtex below 14 CAD.

[StarenseN]

Can someone explain the purpose of the bot's orders that sell 0.01 btc to the bid price after each buying that "virtualy" lower the price?

example :  http://uppix.net/9/5/4/68906b587e8761bc819afef02b1d1.jpg
check the 0.01 sell after each buying.

Is it bullish (price seems lower to buyers) or bearish purpose (to lower the price each time it's possible) ?
I can't figure it out and maybe that technique has a name?

Thanks

[lebing]

Can someone explain the purpose of the bot's orders that sell 0.01 btc to the bid price after each buying that "virtualy" lower the price?

example :  http://uppix.net/9/5/4/68906b587e8761bc819afef02b1d1.jpg
check the 0.01 sell after each buying.

Is it bullish (price seems lower to buyers) or bearish purpose (to lower the price each time it's possible) ?
I can't figure it out and maybe that technique has a name?

Thanks

this guy has been doing this for months. noone knows exactly, my guess is he wants to mess with indicators.

[420]

Can someone explain the purpose of the bot's orders that sell 0.01 btc to the bid price after each buying that "virtualy" lower the price?

example :  http://uppix.net/9/5/4/68906b587e8761bc819afef02b1d1.jpg
check the 0.01 sell after each buying.

Is it bullish (price seems lower to buyers) or bearish purpose (to lower the price each time it's possible) ?
I can't figure it out and maybe that technique has a name?

Thanks

this guy has been doing this for months. noone knows exactly, my guess is he wants to mess with indicators.

soon indicators will probably use gox avg price instead of gox last price

[420]

Can someone explain the purpose of the bot's orders that sell 0.01 btc to the bid price after each buying that "virtualy" lower the price?

example :  http://uppix.net/9/5/4/68906b587e8761bc819afef02b1d1.jpg
check the 0.01 sell after each buying.

Is it bullish (price seems lower to buyers) or bearish purpose (to lower the price each time it's possible) ?
I can't figure it out and maybe that technique has a name?

Thanks

I am fairly certain this is action by Isis/Aido ATP users. It would appear to be an unintended effect; when configured to trade the minimum allowed, it can execute trades near continuously. Very long thread here.

if the spread is over 10 cents and they do this all the time they can profit off it

https://mtgox.com/fee-schedule

[bzzard]

Funny thing - two days ago there was very similar "double wall" formation

[molecular]

Can someone explain the purpose of the bot's orders that sell 0.01 btc to the bid price after each buying that "virtualy" lower the price?

example :  http://uppix.net/9/5/4/68906b587e8761bc819afef02b1d1.jpg
check the 0.01 sell after each buying.

Is it bullish (price seems lower to buyers) or bearish purpose (to lower the price each time it's possible) ?
I can't figure it out and maybe that technique has a name?

Thanks

I am fairly certain this is action by Isis/Aido ATP users. It would appear to be an unintended effect; when configured to trade the minimum allowed, it can execute trades near continuously. Very long thread here.

if the spread is over 10 cents and they do this all the time they can profit off it

https://mtgox.com/fee-schedule

the spread seldomly is over 10 cents, though.