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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
Jaques
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April 04, 2013, 01:32:37 PM
 #18341

don't like todays volume, depth, lag ... all too low ... something wrong?

It is quite early yet in the US.  Let us wake up before we trade. Smiley

hm, as I remember the last days things looked better 24/7 ...  Roll Eyes

edit: anyway, also "hidden" bids can drive us to a new ath, I am a bit worried still ...

The only thing you should be worried about is what time today do we break 150 Cheesy

Bid volume is recovering nicely after yesterdays Goxxing and ask volume is falling rapidly.  We're practically where we have been all week.

maybe worried wasn't the right expression as I am more then bullish mid- and long-term,
but not sure if we can go much further today than yesterday ...
(maybe wishful thinking as i would like to buy more but can't until later on?)

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mccorvic
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April 04, 2013, 01:37:30 PM
 #18342

don't like todays volume, depth, lag ... all too low ... something wrong?

It is quite early yet in the US.  Let us wake up before we trade. Smiley

hm, as I remember the last days things looked better 24/7 ...  Roll Eyes

edit: anyway, also "hidden" bids can drive us to a new ath, I am a bit worried still ...

The only thing you should be worried about is what time today do we break 150 Cheesy

Bid volume is recovering nicely after yesterdays Goxxing and ask volume is falling rapidly.  We're practically where we have been all week.

maybe worried wasn't the right expression as I am more then bullish mid- and long-term,
but not sure if we can go much further today than yesterday ...
(maybe wishful thinking as i would like to buy more but can't until later on?)



Fair enough.  I'm expecting 150 today, but will be more than happy with a day of sideways movement.

Clarkmoody is reporting 0 lag at the exact moment of this posting.

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Jaques
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April 04, 2013, 01:41:16 PM
 #18343

and also the $/BTC ratio @http://bitcoin-analytics.com/ is way lower then it was the last days, as low as 145,xx atm

maybe the instawallet/bitcoin-central issue is causing more "delay" then we would like it to?
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April 04, 2013, 01:45:23 PM
 #18344

don't like todays volume, depth, lag ... all too low ... something wrong?

It is quite early yet in the US.  Let us wake up before we trade. Smiley

hm, as I remember the last days things looked better 24/7 ...  Roll Eyes

edit: anyway, also "hidden" bids can drive us to a new ath, I am a bit worried still ...

The only thing you should be worried about is what time today do we break 150 Cheesy

Bid volume is recovering nicely after yesterdays Goxxing and ask volume is falling rapidly.  We're practically where we have been all week.

maybe worried wasn't the right expression as I am more then bullish mid- and long-term,
but not sure if we can go much further today than yesterday ...
(maybe wishful thinking as i would like to buy more but can't until later on?)



I agree, the hourly SMA 200 has not catched up yet.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Jaques
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April 04, 2013, 01:50:38 PM
 #18345


I agree, the hourly SMA 200 has not catched up yet.

yes, putting buy-orders close to SMA 200 is a good way to enter a position ...
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April 04, 2013, 01:54:47 PM
 #18346



History likes to repeat itself?
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April 04, 2013, 01:54:55 PM
 #18347

Closing in on 3 minutes of lag, countdown until MTGOX goes offline again, I sure am glad they left a message on facebook though, that was really helpful
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April 04, 2013, 01:55:30 PM
 #18348

$/BTC-ratio down to 140 and btc-china stuck to 950 cyn ... Roll Eyes
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April 04, 2013, 01:58:23 PM
 #18349



History likes to repeat itself?

If you look hard enough, you can see patterns in anything


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Jaques
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April 04, 2013, 02:00:53 PM
 #18350



History likes to repeat itself?

nah, btc 2011 and today is not really the same,
I don't see a comparable top in (near) future ...
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April 04, 2013, 02:11:55 PM
 #18351



History likes to repeat itself?

You are using completely different units for them.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
damnek
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April 04, 2013, 02:13:20 PM
 #18352

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.
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April 04, 2013, 02:18:02 PM
 #18353

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

Yep, both are 2 hour charts, 10 days.
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April 04, 2013, 02:18:46 PM
 #18354

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

I meant the percentage of growth in the first one is outrageous, while that of the second one is much smaller. And either by absolute or relative growth it's the auto-adjustment of bitcoinchart that gives them green candles roughly the same length.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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April 04, 2013, 02:19:33 PM
 #18355


eh?  Undecided
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April 04, 2013, 02:20:00 PM
 #18356

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

Yes, and both years start with the number 2 (2011-2013) sell all the bitcoins!!!
Luno
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April 04, 2013, 02:23:59 PM
 #18357

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

The concept "sucker rally" was invented for those placing bets on the bounce back in 1926. That name was of course first used after black Thursday three years later.

I'm joining the church of Adam from here on!
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April 04, 2013, 02:28:08 PM
 #18358

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

I meant the percentage of growth in the first one is outrageous, while that of the second one is much smaller. And either by absolute or relative growth it's the auto-adjustment of bitcoinchart that gives them green candles roughly the same length.

You really need to use percentage of variation to get some perspectives. A $1 movement at Nov. 2011was the greatest price crash-down ever, while the same movement today can't even allow a small-time daytrader to take profits(two 0.6% fees = 1.2%*$140=$1.68)

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
damnek
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April 04, 2013, 02:31:46 PM
 #18359

...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

I meant the percentage of growth in the first one is outrageous, while that of the second one is much smaller. And either by absolute or relative growth it's the auto-adjustment of bitcoinchart that gives them green candles roughly the same length.

The way I see it is that the market was relatively thin back in 2011. Now there's more liquidity, so it won't spike as much during a bubble. IMO we're in the "return to normal" stage now.
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April 04, 2013, 02:35:52 PM
 #18360

The concept "sucker rally" was invented for those placing bets on the bounce back in 1926. That name was of course first used after black Thursday three years later.

I'm joining the church of Adam from here on!

In bitcoin, we have what we call "sucker crashes"

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