Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
cheat_2_win
on 28/02/2013, 20:52:47 UTC
just want to add this

when the Bid side is usually weak there isnt a sell off (no money to get maximum value), when the bid side is Super filled that is usually when I notice some big action moving

when the Ask side is usually strong there is usually big buys since there are alot of bitcoins sitting waiting to be scooped up,

this is just a observation from watching the price practically 24/7 with my other assets

That makes perfect sense from both buyers and sellers side.