Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
Abandon
on 07/06/2013, 17:21:07 UTC
i should go cover my short...

There's something like 30k coins worth of bids between $100 and $105. It's tempting to say that this may be the bottom for the time being.

ya, placing bid and hoping mtgox stays low!

the exchange i use needs time to catch up  Tongue

If that's Bitfinex, then you're out of luck. They do whatever the market is going to do before the market does. If the price is high there, the price will rise, if it's low there, the price will fall.

i'm not trading with leverage

It doesn't matter if you're using leverage or not, if you're using Bitfinex or Bitstamp you're going to face prereactions to the market. CampBX and the others are probably the same.