7100+ entries in 0.105s
mjr_: we'll be telling young kids in years about when it used to jump ten points
mjr_: bunch of people working on bringing more efficiency to the market
mjr_: but damn it is fun to watch
mjr_: especially if you were leveraged 5 to 1 on bitfinex
mjr_: easy way to make a shit ton of money if you caught that bottom...
mjr_: smickles: here is something funny to watch though
mjr_: ThickAsThieves: those estimates won't mean anything till we get a bigger sample size
mjr_: but not only is there volatility...its also volatility of volume and size
mjr_: and they can move the price dollars up or down
mjr_: only a handful of really big traders
mjr_: how does a chart possibly tell me someone is going to unload a half a mill cuz they decided to buy a house
mjr_: simple point is that just cuz it did that .5 seconds ago, means jack shit to what it does in the next .5 seconds...especially when you have such a small sample size
mjr_: haven't seen many head and shoulders but cup and handle has been going around a lot
mjr_: i mean that guy not you by the way
mjr_: and yeah, you can retrofit any theory to back up your chart patterns...at the beginning of a "head and shoulders" very few can successfully call the head and shoulders...you see it after it has happened
mjr_: smickles: yeah, it is a beast of a truck
mjr_: only a few military grade trucks could outperform you...and they wouldn't look as cool :)
mjr_: speaking of which, anyone seen the 6 wheel mercedes g-wagon?
mjr_: none of these mean that it HAS to go up...any guy who wants to buy himself a nice car could drop the price signifigantly
mjr_: coinbase seems to be quite fucked in fulfilling demand
mjr_: they aint going there to sell i bet
mjr_: 5500 accounts waiting to open ongox
mjr_: because of inefficiencies
mjr_: signals are all weird...
mjr_: this aint a market like that
mjr_: in an efficient market, with a lot of liquidity, you would see the jump in difficulty priced in
mjr_: i haven't really sold at all...but i have a price target that i want to hit by 2014
mjr_: i'm just thinking out loud
mjr_: yes, lower supply from mining pools
mjr_: that should go back to around 10
mjr_: think the miners were doing a block every 6-7 minutes
mjr_: that SHOULD tamp down on the supply flowing in
mjr_: we also had a big jump in difficulty
mjr_: higher spreads and more volatility
mjr_: decreased weekend volume means less liquidity
mjr_: we are down from the high...
mjr_: what tells you it should be going down by now?
mjr_: its an amazing trading movie
mjr_: the movie with ewan mcgregor
mjr_: has anyone seen rogue trader?
mjr_: it integrates with coinbr?
mjr_: looking forward to trying it out
mjr_: Namworld: can i get the link again?
mjr_: could be crazy high
mjr_: if these helveticoin guys turn out to be legit...
mjr_: i'd rather use my dick to stress test a vagina
mjr_: i think petahashes by late summer is very possible
mjr_: loooking forward to seeing the next diff
mjr_: by far the best bitcoin channel
mjr_: and we find 120 seconds lag frustrating
mjr_: same with asks i am assuming
mjr_: especially if someone is running a bot and market making
mjr_: not sure if they show it, but the end result is that there will be changes in the book that may not be expected
mjr_: not sure where the complete book is
mjr_: there site is slow too
mjr_: ie. goxlive charts etc
mjr_: does that include api?
mjr_: do they put the orders closest to top of the book or furthest
mjr_: on a buy order or sell?
mjr_: the suspense is killing me
mjr_: if i had my choice i would buy on btc-e and sell on bitfloor
mjr_: Bugpowder: can you place more orders than you have BP for?
mjr_: otc is a good price signal i think
mjr_: because you basically choose what to include
mjr_: yes, it is more accurate...but still subjective somewhat
mjr_: that is the obvious solution...
mjr_: at least from a depth perspective