All posts made by DaSheep in Bitcointalk.org's Wall Observer thread
1.
Post 2753476 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.11h):
2.
Post 2801225 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.11h):
Some people believed that 97 was a good price to sell at. Maybe they were right, but if the current trend continues, we might see 100 in 3 days.
I wasn't asking about why did people sell, I'm asking why would someone throw a 3k bid wall at 97, have it get eaten, then we see an ask wall of 1000 at 97 come up just after
Bizarre unless i'm missing something, and it's as simple as someone really wants bitcoins at 97
Whale A saw the recent upward pressure and decided to buy back in, so he placed a 3k bid wall @ 97,
Fishes think they are smart and the wall is fake, so they start selling into it.
Whale B watches how the wall gets eaten by the fishes and thinks "Phew, there's some serious downward pressure,
gonna take my profits" and puts a 1k sell wall @ 97.
Whale A thinks "dafuq?"
3.
Post 2812119 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.11h):
come on whales, just buy that freaking wall!
4.
Post 2874665 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.12h):
Was looking fun there for a while but it has quickly reverted to pre-fun levels.
looks like someone is going to pull his trigger soon
anyway, i'm not sure what to make of the gap in the bid wave.
since the z axis is time, this would mean all bid orders below 105 disappeared for 5 minutes!?
can someone explain this to me?
5.
Post 2875814 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.12h):
Ithink the deal was they were higher, then they dropped, so it looks like a gap.
ok this makes perfect sense. thank you!
Mini-105 wall just popped up?
The numbers are different [500/1500 split] but in the end its basically half of the original 2600/2000 wall
If you watch the walls close enough, you can tell multiple if not all are one person. Most likely not all, but occasionally 101/102 might disappear simultaneously and then re-appear. So, its not too unlikely they are just cutting their "double wall" on 105 while still making it look like two people.
I also think it's a single person/group, the walls don't look random to me:
1700 @ 106.00
3300 @ 105.00
1900 @ 104.00
2200 @ 103.00
2300 @ 102.00
1700 @ 101.00
1100 @ 100.50 (nice double floor ^^)
-----------------
~ 145k BTC
The question is: Is this just a bored whale trying to push the price up or is it a major >$1.5m buy-in?
I think it's ledgit because they moved half of the $105 wall up with the price and didn't pull it when it got sold into.
Let's hope they get bored waiting and decide to just do a market order
6.
Post 2879133 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.12h):
7.
Post 2885819 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.12h):
Yes this tread is going downhill fast. 20 posts: 10 of which are chartbuddy, 5 off topic the rest ducklings..
I don't think this is gonna change as long as there is a 1-7 second lag...
The orderbook is still looking strange as hell, too.
8.
Post 2887548 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.12h):
Weds evening and 7kish vol? wtf is going on.
1. how is the price maintaining???
2. new theory: US gov is controlling the bots...
Sorry, I'm gonna restart trading now.
9.
Post 2887679 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.12h):
Weds evening and 7kish vol? wtf is going on.
1. how is the price maintaining???
2. new theory: US gov is controlling the bots...
Sorry, I'm gonna restart trading now.
GTFO if you are not
buying.
plz.
Of course I am buying..
I'm a god damn sheep.
10.
Post 2893615 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
Why are we having a rally just after this dump? Doesn't make sense to me, it may take the price above 106... Weird...
Why? I sold alot at 105-106 and I don't think we're going below 100, so I bought most of it back at 102-103.
Also the bid sum went from ~11m up to 13m, which looks like quite an uptrend to me.
11.
Post 2912622 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
Situation looks to me similar to the one on July 1st, just before the big drops from 95 to 67.
If it repeats, we might see the price dropping to the 80s. But on the short term, someone is trying to pump up the price,
maybe hoping to trigger a mini-rally. We'll see in a couple of days which way we go.
Of course, if Fort Gox sorts out the $ withdrawals (unlikely though), the price could drop to the 50s.
ya, looks like he got some serious USD firepower but he screwed up a few times today..
anyway, i'll keep throwing coins on him
12.
Post 2920481 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
I think this was the biggest most awesome orderbook eating single buy order I ever saw happening live
<3
/Edit: oh btw, it's not over yet. the target is ~$114
13.
Post 2930883 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
Dudes, can't you recognize manipulation? The bid sum has pretty much peaked, while the ask sum
is artificially dropped, resulting in a price increase. When the high bids will be 'ripe', they will be 'harvested' IMO.
Dudette, if someone buys 5k coins with a single order, the ask sum will drop because those 5k coins are gone.
This causes the bid/ask ratio to rise and dudes will move up their buy orders because of the huge whale buy + bid walls and an instant $1-2 price rise.
This causes the bid sum to go up and the bid/ask ratio rises further.
Because of the impending rally and the possibility of additional whale buys, people start pulling their ask orders because they don't want to sell their coins cheap.
This causes the ask sum to drop and the bid/ask ratio rises further.
The dropping ask sum increases the slippage of additional whale buys.
*repeat*
14.
Post 2935995 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
just gtfo. we are going to the oort cloud and beyond.
The parabolic sar switching to the underside means Bullish...
what don't you understand about the oort?
Dude
I was strapping rockets to my coins all day long.
Fasten your seatbelts, gonna fire in 3..2..1..
15.
Post 2938332 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
I don't think the MtGox situation has been that big an issue, worldwide, since early July's capitulation. If you look at the pattern of ask-wall busting whale purchases and ensuing bid-walls, they seem to be the work of a single entity. The modus operandi has been consistent through several major ask-wall breakthroughs.
Do you really think someone with the resources to organize such a concerted effort is restricted by some petty exchange difficulties.
It's probably either governmental, corporate or military. It's almost surely not speculators.
I give almost zero weighting to it being government or military, and a very,very low weight to it being corporate. One HNW individual, yeah, possible. A few acting together or independently, more probable.
I am not sure why you seem to think that the effort involved to buy BTC and put up bid walls is so great - it's not exactly rocket science if you have the cash and coins.
If Gox is a non-issue, why the growing price differential between Fort Gox and other exchanges ?
Don't discount one or a few HNW individuals. A lot of these people needed to be smart and non-risk averse to become wealthy in the first place. I think larger corporations won't do this: for the person making the decision there is little to gain and so much to lose. It's just like politics, don't be too edgy and don't stick out too much and you'll survive a hell of a lot longer.
What I don't get about this whole story is how this is profitable.
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
16.
Post 2938495 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
What I don't get about this whole story is how this is profitable.
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
How silly can you get to think that all these transactions are done by the same person?
If there is almost no activity in the market and suddently 2000 coins get bought in like 2 seconds and half a second later a 1300 coins wall pops up and another 2000 coins get bought and another 1300 wall pops up and another 2000 coins get bought and another wall pops up...
It's quite obvious I think.
17.
Post 2942491 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
lol, somebody is manipulating chartbuddy by synchronized adding/removing of orders. You see the ghostlines on bitcoinity though, each time the bid side gains the ask side shrinks and verse visa.
you might want to randomize the sample time
i just looked at my depth logs and I think you're right:
13-08-16 02:01:01 bid 0.01867759 @ 103.6295
13-08-16 02:01:02 bid -0.01867759 @ 103.6295
13-08-16 02:01:02 bid 2.46089951 @ 106.0557
13-08-16 02:01:03 bid -2.46089951 @ 106.0557
13-08-16 02:01:04 bid -10.96890249 @ 109.1001
13-08-16 02:01:04 bid 10.96890246 @ 109.1001
13-08-16 02:01:04 ask 0.26747649 @ 111.2457
13-08-16 02:01:05 ask -0.26747649 @ 111.2457
13-08-16 02:01:15 ask 0.57404575 @ 112.1120
13-08-16 02:01:16 ask -0.57404575 @ 112.1120
13-08-16 02:01:18 bid 2.44486211 @ 106.0606
13-08-16 02:01:19 bid -2.44486211 @ 106.0606
There are hundreds of them just in the last hour..
So, dafuq is going on?
18.
Post 2942803 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
what is the effect of this kind of bid-ask swapping?
I'm not sure it could either be just a really stupid bot with alot of coins or some kind of DOS.
It basically keeps the bid sum / ask sum ratio the same while filling the orderbook with "fake" orders.
Let's say the market starts trending down, which means people are creating more ask orders than bid orders,
now everytime someone places an ask order, i remove the same amount of coins from the ask side.
This would cause the orderbook to keep looking bullish while in fact it's quite bearish.
Or I could do the opposite and create fake orders everytime someone removes an ask order, the orderbook would look the same while in fact it's pretty thin on the ask side.. If i'd want to do a whale buy I could pull all my fake ask orders and I'd just have to buy the little rest of "real" ask orders.
This would require alot of coins though and I'm still not sure if I believe there's someone messing around with >$3m.
Imho, "gold 2.0" is more defining for the bitcoin "economy" than SR is.
what does that even mean
Gold that's more golden than regular gold.
19.
Post 2962704 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
However, if price rises in other exchanges, that can only be because of bitcoin demand exceeding supply. You cannot twist it anywhere.
I would therefore closely follow the pricing in Bitstamp and others, and that has been on a rise lately. It is tempting to think that the going price is $120 (Gox), but I would more likely put it at $103. If I were to buy, I would not try to send money at Gox to buy at 20% premium, I would use Bitstamp.
Bitstamp has 5k less coins in their Ask compared to 1-2 weeks ago. Most likely, they have all been move to Gox to sell.
I believe the buying pressure in Bitstamp has just consumed the coins.
Gox situation is special. I don't believe that their bid side comes from true demand, because it is so much easier to use other exchanges for buying, and their price is also much lower. To me it seems that most of Gox bids are money trying to escape Gox in the form of bitcoins.
This money is orginally as Gox-USD, and most of the owners want it converted back to USD after escaping from Gox. It does not change the total bitcoin supply-demand, because it is both originally and eventually USD. Bitcoin is therefore used only as a value transmit mechanism for Gox-USD.
So it's a run on Gox then ...
A 20%+ risk premium over the other main USD exchanges would certainly point in that direction.
MtGox 24h Volume: 46280 BTC
Bitstamp 24h Volume: 11791 BTC
Makes no sense, you don't cash out of Mt. Gox by buying bitcoin rather than by waiting a month for a USD wire.
Do the math, if you're a whale with that much buying power you have let's say at least 100k USD on gox.
So if you'd like to "cash out", you'd have to buy @ ~$115 (let's make it easy and ignore the slope). So you get 100.000/115 = 869.57 - 2.61 (0.3% Fee) = 866.95 BTC.
Now you transfer them to an other exchange (Bitstamp) to cash out to USD (again we ignore the slope which is even higher @ bitstamp), so:
866.95 * 99.98 = 86677.66 - 260.033 (0.3% Fee) = $86417.63
So you just lost $13582.37 because you didn't want to wait a month.
/€dit: Looking on the volumes of the recent rally and the fact that there was a single 1500 BTC buy order taking down the $115 wall, I think it's safe to take those numbers * 10.
20.
Post 2962754 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
Makes no sense, you don't cash out of Mt. Gox by buying bitcoin rather than by waiting a month for a USD wire.
Do the math, if you're a whale with that much buying power you have let's say at least 100k USD on gox.
So if you'd like to "cash out", you'd have to buy @ ~$115 (let's make it easy and ignore the slope). So you get 100.000/115 = 869.57 - 2.61 (0.3% Fee) = 866.95 BTC.
Now you transfer them to an other exchange (Bitstamp) to cash out to USD (again we ignore the slope which is even higher @ bitstamp), so:
866.95 * 99.98 = 86677.66 - 260.033 (0.3% Fee) = $86417.63
So you just lost $13582.37 because you didn't want to wait a month.
/€dit: Looking on the volumes of the recent rally and the fact that there was a single 1500 BTC buy order taking down the $115 wall, I think it's safe to take those numbers * 10.
I guess the whales can negotiate about conditions with Gox. Don't you think many little guys are buying BTC with their Gox USD?
I do but little guys won't cause the price to shoot up like this.
The price is rising because of whales buying huge amounts of BTC in a single order (we saw some 5k buy orders today) so it doesn't make sense.
Also where are those coins from the "gox run" getting sold? Volume of the other exchanges is ultra low compared to gox.
21.
Post 2962902 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.13h):
Makes no sense, you don't cash out of Mt. Gox by buying bitcoin rather than by waiting a month for a USD wire.
Do the math, if you're a whale with that much buying power you have let's say at least 100k USD on gox.
So if you'd like to "cash out", you'd have to buy @ ~$115 (let's make it easy and ignore the slope). So you get 100.000/115 = 869.57 - 2.61 (0.3% Fee) = 866.95 BTC.
Now you transfer them to an other exchange (Bitstamp) to cash out to USD (again we ignore the slope which is even higher @ bitstamp), so:
866.95 * 99.98 = 86677.66 - 260.033 (0.3% Fee) = $86417.63
So you just lost $13582.37 because you didn't want to wait a month.
/€dit: Looking on the volumes of the recent rally and the fact that there was a single 1500 BTC buy order taking down the $115 wall, I think it's safe to take those numbers * 10.
I guess the whales can negotiate about conditions with Gox. Don't you think many little guys are buying BTC with their Gox USD?
I do but little guys won't cause the price to shoot up like this.
The price is rising because of whales buying huge amounts of BTC in a single order (we saw some 5k buy orders today) so it doesn't make sense.
Also where are those coins from the "gox run" getting sold? Volume of the other exchanges is ultra low compared to gox.
The big whale only bought at the bottom of this rally, smaller whales followed.
As for the missing coins, they may show up for sale on Gox in about 15 days (that's a crude estimation).
Not really, the last one happened @ $123.
Also if they get sold on Gox in 15days it's just another argument
against the theory of people "getting out of gox".
22.
Post 3126638 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.15h):
Trading has resumed but APIs are down or only partially-functional? Is this what happens when bots are not trading? I.e., literally almost zero volume. lol. Knew it all along. 90% of the volume is botwars.
What makes you think APIs are down? My bot is working fine.
Websocket and SocketIO APIs are down
23.
Post 3126731 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.15h):
Trading has resumed but APIs are down or only partially-functional? Is this what happens when bots are not trading? I.e., literally almost zero volume. lol. Knew it all along. 90% of the volume is botwars.
What makes you think APIs are down? My bot is working fine.
Websocket and SocketIO APIs are down
They're always the first to fail... this is why I just use the https/json APIs. I doubt other bot herders use those without a fallback, but I guess there might be a couple.
Yes maybe but they are the only way to get realtime data.
Since I'm running a HFT bot and don't want to DDOS gox, the json API doesn't work for me.
Anyway I opened a support ticket 4 hours ago but no answer yet (surprise!).
Let's see how long it stays down this time but 10+ hours is a new highscore.. I think.
24.
Post 3134448 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.15h):
The bidwalls at 120 and 121.5 look like they're ready to to be pulled and the funds used to finance a market-buy push past 150, similar to what they did at 135 on August 30.
http://youtu.be/fWvPIEAgsrw
25.
Post 3158487 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.16h):
Mentioned by wonkytonky elsewhere.
Look what happened on Sept 4th, the last time they kissed. (Strong down move)
Yeah and on Sept 9th and 11th it "caused" a strong up move.. so..
Btw.: It's kind of logical that the bidsum drops when price drops since alot of bid orders have to be filled.
26.
Post 3501958 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.20h):
Dude is totally doing it wrong...
He's also killing all the nice momentum
27.
Post 3502380 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.20h):
Dude is totally doing it wrong...
He's also killing all the nice momentum
where's this chart from? like it
it's from a tool I hacked together for the
Market Depth Timelapse.
28.
Post 3617474 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.24h):
Somebody is "hiding" a ~2000BTC ask at around $3300 (Goxbux) on Gox's order book. Not sure what they're trying to communicate since most people won't ever look up there.
I can hear it say: "Psst hey, whale friends, come up here and stop selling your coins so cheap!"
29.
Post 3660714 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.27h):
Upon waking up, I removed 25% of BTC China (world's biggest exchange) bid depth. The guys who have more bitcoins than I do, control the bid depth in Gox and Stamp. When they remove the bids and start rolling, the price moves down however much they like.
This is how it works.
Nice epeen, dude.
30.
Post 3691186 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.28h):
31.
Post 3733919 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.29h):
What is sleep?
32.
Post 3749246 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
Madness incoming
33.
Post 3759428 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
lol feeling sorry for all the noobs and bots still configured for trading with fees...
but well.. huge buy -> ask filled @ 1190 -> huge sell -> bid filled @ 1101 .. thanks alot
34.
Post 3759878 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
MtGox bot, I command you: drop hard to 1030.5, then go back to 1080+, NOW.
ok
35.
Post 3760024 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.
check this:
https://www.tradingview.com/v/i4E9jlCr/it chaged since back then though
36.
Post 3760089 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
tradingview
37.
Post 3761216 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
Predicting 1500 in the next 24 hours
38.
Post 3762110 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.30h):
looks like someone is holding alot of gold LOL
thanks for the cheap coins
39.
Post 3854308 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.33h):
srsly, this is the second time this shit is happening...
WHY!? I mean even if there should be some reason why they have to rollback a trade why don't block the data stream during the rollback?
Why not roll it back ONCE?
Why keep streaming wrong data over and over again!?
Why GOX WHY!??
btw: it's not even a rollback at all.. it's a reset.. to do this live in a clean way they would have to simulate buys they just messed up all the data/charts (volume, trades) everywhere...
40.
Post 3859376 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.33h):
what's wrong with you guys
I ran out of fiat on all exchages
41.
Post 3863250 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.33h):
can't wait for all the panic sellers trying to buy back in
42.
Post 3876786 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.34h):
there's something strange going on but i'm not sure what and why..
the whole market is feeling kind of wierd I mean it was always wierd but it never behaved like that after a drop.
maybe some huge whale fucked up really bad and is now trying to fix/stabilize things in crazy ways.
it could also be some big arbitrage games exploiting the lack of fiat on the weekend (someone dropped 800 coins @ $695 a few minutes ago) this would at least explain the strange/reversed spread between the markets.
43.
Post 3877159 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.34h):
I stick to arbitrage by someone with extreme deep pockets on all exchanges (wallstreet/second market?)
bitstamp btce campbx mtgox
date
2013-12-01 955.00 878.173 840.00 1004.42392
2013-12-02 1047.47 980.001 999.00 1096.63251
2013-12-03 1055.00 997.500 974.99 1155.00000
2013-12-04 1132.01 1076.000 946.00 1237.95500
2013-12-05 1023.87 990.400 989.00 1106.43450
2013-12-06 814.91 839.000 825.00 845.00000
2013-12-07 693.30 700.000 705.23 696.99999
2013-12-08 772.05 773.800 761.13 777.92120
bitstamp btce campbx mtgox
count 8.00000 8.000000 8.000000 8.000000
mean 936.70125 904.359250 880.043750 990.045890
std 157.44857 128.188702 112.580584 194.823592
min 693.30000 700.000000 705.230000 696.999990
25% 804.19500 822.700000 809.032500 828.230300
50% 989.43500 929.087000 893.000000 1050.528215
75% 1049.35250 992.175000 978.492500 1118.575875
max 1132.01000 1076.000000 999.000000 1237.955000
44.
Post 3877572 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.34h):
nice answers, ty for that!
my opinion on rptiela is the same as rampion, he's talking big and posts nice stuff but he sucks at trading
Hey - if you did wrote and 'arb-bot' would you have to accept the first thing that would happen upon launching it be a selling down of the higher exchange - an automatic reduction of the spread?
Just a kooky theory?
I'd say yes but you would need ultra deep pockets, the "normal" spread between btce and gox was always 100 USD so if you'd turn on an arb bot all the other people and bots would still trade with the $100 spread in mind so if you buy on btce to sell on gox someone else might sell on gox before you have the chance to profit.. the only way to counter this is either by DDOS or by buying/selling enough to close the spread but it would only last temporary before reverting back to the "normal" $100..
now the strange thing is it's not reverting at all, the only explanation I have is that someone is catching all the other trades until they run out of money to recreate the spread.. but that's insane isn't it?
45.
Post 3877703 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.34h):
Yes - except the tight spread is continuing - it may not hold if a huge buy / sell comes in - but this has been too close for too long to be a coincidence - or am I insane?
No you're absolutely right.
The lack of fiat on the weekend makes this alot easier, so let's see how long he can keep it that close when the new money starts flowing in.
46.
Post 3890086 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.34h):
Have made large profits recently trading against a user I've dubbed BrM2 on MtGox. Please dump again if you're reading this.
Was you the guy countering the dump with that epic 1000 BTC bid move around $640?
It was totally awesome to watch him dump 400 coins in it right before we rebounded
/€dit: I don't trust kaiser he's one of the old school wallstreet dudes from when pump and dumps (and coke, alot of coke) where doable there.
47.
Post 3890187 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.34h):
And it's suspiciously quiet here! Silence before the storm?
Well there is a pretty big cup & handle forming.. I'd say yes.
48.
Post 3909175 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.35h):
Welcome back!
49.
Post 3920437 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.36h):
seriously bitfinex, what the fuck are you doing to me???
Is there any fucking competent exchange out there...
stop crying and pay transaction fees next time
50.
Post 3920602 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.36h):
click for fullsize
51.
Post 3923786 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.36h):
52.
Post 3925606 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.36h):
trying plain old Websocket: wss://websocket.mtgox.com?Channel=depth.BTCUSD/ticker.BTCUSD ...
WebSocketConnectionClosedException reconnecting in 1 seconds...
trying plain old Websocket: wss://websocket.mtgox.com?Channel=depth.BTCUSD/ticker.BTCUSD ...
WebSocketConnectionClosedException reconnecting in 2 seconds...
...
trying plain old Websocket: wss://websocket.mtgox.com?Channel=depth.BTCUSD/ticker.BTCUSD ...
WebSocketConnectionClosedException reconnecting in 3600 seconds...
53.
Post 3925649 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.36h):
You still can buy and sell bitcoins on Gox right now. Don't you?
My bot can't
54.
Post 3936453 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.36h):
So the gox API's are still down?
24h+ downtime?
WTF, Mr. Karpeles?!
55.
Post 3957709 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.37h):
well well rpietila obviously posted alot of bullshit lately but I wasn't sure if he's just a troll or if he actually believes that stuff.
so thanks rpietila for confirming you're full of shit and welcome to ignore.
56.
Post 3959102 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.37h):
57.
Post 3959193 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.37h):
...
This is just part of the psychological manipulation game. The "wall" is not there to keep the price down, and of course not to sell. It is there for the sole purpose of keeping the bid sum/ask sum numbers manipulated. Makes it seem that there are a lot of coins for sale, when in fact, a good chunk of the asks are that one person. Once people start to figure this out, and that there are not nearly as many coins for sale at this price as it would seem, well, that will be interesting for sure . . .
Yeah I know that's why I'm posting it, I love exposing and playing with the manipulative whales
I think they hate me alot
58.
Post 3960035 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.37h):
Large movement possible soon. Guess the direction.
It's time to kick whale-asses and chew bubble gum...
59.
Post 4189319 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.48h):
...
A little tip: You should really stop rating things in your live by quantity.
It doesn't matter how much you have of something, it only matters what you can do with it and if you'd be such a pro you would know that placing huge bids at stupid prices actually pull the market in their direction.
"You are not your job, you're not how much money you have in the bank. You are not the car you drive. You're not the contents of your wallet. You are not special. You're not a beautiful and unique snowflake. You're the same decaying organic matter as everything else. We're all part of the same compost heap. We're all singing, all dancing crap of the world."
"“The things you used to own, now they own you.”
― Chuck Palahniuk, Fight Club
60.
Post 4189768 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.48h):
Smells like beartrap...
Orderbook looked pretty legit
Do it again on a weekday when second market is working and I might be impressed.
61.
Post 4227298 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.49h):
Maybe I should read up on history. Can someone point me to something in history that meant trouble and triggered all the regulation we have in the "regulated" markets?
http://en.wikipedia.org/wiki/Silver_ThursdayIt's one of my biggest fears I have because it could work with bitcoin given the limited and well known supply.
62.
Post 4229442 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.49h):
Wasn't there a huge incident when an auditor's account got hacked and lots of BTC was stolen? Was that Mtgox? Sorry don't recall the exchange without looking it up.
I think this is what you're referring to:
http://www.youtube.com/watch?v=T1X6qQt9ONgThey used the account to clear the whole orderbook.
/Edit: I still think Gox tried to cover up the real reason for this. It just makes no sense to give auditors 500k bitcoin and allow them to trade them on the live system. Whatever...
63.
Post 4328947 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.51h):
most interesting is the Bid sum seems to be the same, this means who ever sold before or had low bids didn't change that position yet.
0.3125 @ 400.0 --> 0.1389 @ 900.0
same bidsum, different position
64.
Post 4331864 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.51h):
VOLLE PULLE!
65.
Post 4341292 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.51h):
I fucking love this superexponential market and it's hourly gains.
66.
Post 4360762 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.52h):
Stop spreading FUD.
There was no hack or some other strange thing, it was just a huge market maker bot burning some money to clear and reshape his range of the orderbook:
This caused a spike in traffic and maybe killed the http API.
The websocket API was working all the time (60s lag though).
Very interesting.
67.
Post 4361023 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.52h):
Stop spreading FUD.
There was no hack or some other strange thing, it was just a huge market maker bot burning some money to clear and reshape his range of the orderbook:
This caused a spike in traffic and maybe killed the http API.
The websocket API was working all the time (60s lag though).
Very interesting.
So, these days a 700btc trade kills the mtgox api, but back in april/may on those days with the 200,000btc volume and the 20,000btc trades - well then it was just fine?
No.
Dumping 200k BTC = one API call.
Clearing the book, placing new orders and moving alot of orders in HFT style = ALOT of API calls.
And since you don't want other people to place orders while you're doing this, you have to be fast, really fast.
The http API is slightly faster in accepting orders, so I guess it fired a huge batch of orders in like a second, causing a DDOS of the gox webserver.
Maybe the DDOS wasn't an accident at all since it prevents "normal" traders from using the web interface.
68.
Post 4361343 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.52h):
It's still hard to believe that some vulnerability like this surfaced just now with mtgox's tiny volume and not back in the old days when it was the market leader and thousands of people were trading there, with the ticker constantly on fire and shooting rainbows and fireballs everywhere.
Good point.
You're right, during the march bubble the traffic was alot higher and they should be able to handle it by now...
On the other hand it's gox and they never handled anything like they should.
I don't know, it was just a theory and it makes more sense (to me) than a hack or mark switching off the exchange because someone dumped a few hundred coins.
/€dit: According to bitcoinwisdom the dump was 8000 BTC (
screen shot).
69.
Post 4386109 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.53h):
Hey where are all the bears?
DDOSing...
scriptkiddies
70.
Post 4406471 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_11.53h):
lol
71.
Post 8853015 (copy this link) (by DaSheep) (scraped on 2020-04-04_Sat_13.13h):
LOL!
The perfect team for a company trying to compete with bitcoin by pushing a "open" "distributed" "secure" payment system which is actually pretty much completly centralized in their own hands and basically works by playing hot potatoe with debt instead of money and requires each user to buy some of the 100 billion coins they (in an effort to save electricity and to "diversify the distribution methods") created out of thin air and then mostly (just 80 billion) gifted to themself.
But don't worry, forcing you to buy them is just an anti-spam mechanism! Also premining everything is more effective than normal mining (
) and since ripple is a company you can trust there's no need for satoshis holy grail, so ripples "method of confirmation, called consensus, doesn’t need mining" at all and as a result the network "requires comparatively negligible computing power" (nice!).
There's also no need to worry about the fact that they are in control of almost the whole (imaginary) monetary supply. They know that creating and "distributing value is a powerful way
to incentivize certain behaviors" so they will use
the your money to manipulate the market and to lure in more people, so they can sell them the rest (71,010,747,718) of the 80 billion useless coins for even higher prices.
We believe that broad adoption of Ripple as a protocol will result in organic demand for XRP (
) over the long run.
Our goal in distributing XRP is to incentivize actions that build trust, utility and liquidity in the network.
If we distribute XRP with these goals in mind, over time we expect to see an increase in demand for XRP that more than offsets the additional supply we inject into the market. Said another way,
we will engage in distribution strategies that we expect will result in a stable or strengthening XRP exchange rate against other currencies.
For the good of all of us. Except the ones who were tricked.
And the science was fun, and I got a neat post done,
For the people who are, still alive.
