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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811508 times)
thezerg
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March 21, 2013, 03:58:49 PM
 #14761

Bitcoin segment on bloomberg : http://t.co/knHdgWq7WI

Not THAT bad, even if they still don't get it.

hahahaha this guy comparing it to farmville credits. FUCK man we have a long way to go before this is truly mainstream.

"...no power to tax.  Right, that in theory is the point of a currency, right?"

A glimpse into the financial industry's mindset that created the Cyprus situation.  Its not "over there", its everywhere.

Note I don't disagree with reasonable taxation to support public services.  But the POINT of a currency is not taxation...

Edit:  Holy Sh*t I glance away for 3 minutes to write this and the wall is destroyed!!

2013-03-21 11:52:27 to 2013-03-21 12:02:27:  Avg price: 69.182 (68.600 to 70.000) Total volume: 8537.14760, Cumulative cost: 588560.00000  Buy volume: 8438.59687 (581775.47 USD), Sell volume: 98.55073 (6785.50 USD)  Ratio: 85.62694 ( 85.74)
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Zomdifros
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March 21, 2013, 03:59:27 PM
 #14762

Related question: Whats best to have a peek at the market on the run with Android in my case?

Try my app: https://play.google.com/store/apps/details?id=com.veken0m.cavirtex&hl=en

It usually works when MtGoxLive is down or being slow. If you check the Orderbook you'll see the orders with walls highlighted in green.

Example:



I'm using Bitcoinium, it's the best Bitcoin app for Android I know!

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March 21, 2013, 03:59:45 PM
 #14763

HOLY F! Wall was BOUGHT, not pulled!
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March 21, 2013, 04:00:30 PM
 #14764

Bought, and Gox lag 2 minutes!  Smiley

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March 21, 2013, 04:01:16 PM
 #14765

HOLY F! Wall was BOUGHT, not pulled!

This is insane. People are still buying gigantic quantities at these prices.

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March 21, 2013, 04:01:21 PM
 #14766

Just WOW.  what a play.

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March 21, 2013, 04:02:37 PM
 #14767

reLoaded™
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March 21, 2013, 04:03:09 PM
 #14768

Related question: Whats best to have a peek at the market on the run with Android in my case?

Try my app: https://play.google.com/store/apps/details?id=com.veken0m.cavirtex&hl=en

It usually works when MtGoxLive is down or being slow. If you check the Orderbook you'll see the orders with walls highlighted in green.

Example:

-snip-


so you are saying that the api functions even when their site is down? 0.o

When MtGoxLive is unreachable for me, yes. I don't think this would be true if mtgox.com was down though
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March 21, 2013, 04:03:16 PM
 #14769

Again, the bears thought a wall would scare us and have been caught off guard again.

Prepare yourselves for retaliatory dumps and some high swings in prices before settling in the low 70s

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March 21, 2013, 04:07:08 PM
 #14770

Bitcoin segment on bloomberg : http://t.co/knHdgWq7WI

Not THAT bad, even if they still don't get it.

The lack of understanding there was astounding. BTC uses an algorithm, HFT uses an algorithm, which is bad. Therefore BTC bad. Yikes. I also like how they point out it isn't "backed" by a government or bank as if that makes it sketchy somehow. Still the press is a good thing.

Press might be a good thing but you can already see how FUD is spread against Bitcoin. The message is Bloomberg can't really figure out how it works so keep your money out of it, isn't it?

Yep, the whole point of the financial press is to spread FUD - worst thing you can possibly do in trading and investing is get an opinion from the press. But these fools will be using Bitcoin themselves eventually.
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March 21, 2013, 04:07:34 PM
 #14771

Ahhh, I love those buy/sell curves at the bottom of bitcoinity!

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rpietila
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March 21, 2013, 04:08:02 PM
 #14772

What the bears don't get is that a lot of people are going cold-bloodedly all in, and the price rise is just a function of how quickly the exchanges can process incoming KYC checks and funds.

You know, $5 million per day IS nothing.

We will see a crash to $120 soon, maybe in early May.

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March 21, 2013, 04:09:41 PM
 #14773

Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.

Bro, do you even blockchain?
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ehoffman
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March 21, 2013, 04:10:37 PM
 #14774

Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.

I notices the same thing...  Probably bears crying...

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March 21, 2013, 04:10:46 PM
 #14775

Bitcoin segment on bloomberg : http://t.co/knHdgWq7WI

Not THAT bad, even if they still don't get it.

hahahaha this guy comparing it to farmville credits. FUCK man we have a long way to go before this is truly mainstream.

Go look at the latest Zero Hedge article. Those people are truly imbeciles.


Holy shit. I lost all respect for Tyler now, acting like silver being up $0.40 is an epic rally.
laughingbear
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March 21, 2013, 04:11:06 PM
 #14776

Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.


bots buy up a shrinking sell wall, and put it back up, just at the point of profit taking. imo
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March 21, 2013, 04:11:13 PM
 #14777

God, Mt Gox is such a POS.  Clark Moody doesn't even make sense anymore! Angry

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March 21, 2013, 04:11:49 PM
 #14778

Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.

I think its a mixed strategy, market order + bid wall at the same time. This way you get the hidden sellers that are triggered by the price raise while with only a market order the order would be executed to the end before the bots can respond. It's cheapter to buy like this. The full order in one thing could have driven the price way higher, leading to higher slippage. my 2ct
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March 21, 2013, 04:13:02 PM
 #14779

We will see a crash to $120 soon, maybe in early May.

I don't know if this was a typo, but I'll glady take a crash up to $120 in two months.

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March 21, 2013, 04:13:38 PM
 #14780

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