Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
cheat_2_win
on 12/03/2013, 20:54:34 UTC
Hilarious how the we-don't-know-why-dip last week is significantly stronger than the O-M-G-Bitcoin-is-broken-dip today Grin

Only reason I can think of: we were short-term overbought then, while I believe we were just gathering energy to make a big jump upwards when the fork news hit.
Thus there was a lot of fiat waiting for cheaper coins.

I am also amazed at the amount of liquidity in the exchange. I clearly remember when the order book showed 1 million, people were celebrating. Now it is close to 6 million.