Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 04/03/2014, 21:38:39 UTC
I've been pretty bullish lately but I do have one concern. The injection of fiat into bitstamp order books seems to have stopped. There isn't any more fiat on the books nows than there was in the past week in the 500 levels. The amount of selling (in btc) to reach 400 is exactly the same and the total amount of fiat on the books is actually LESS because all the bids in the 300s and 200s were removed.  If I don't see another fiat injection in the next week, I am going to get really concerned.


A bull may be transformed into a bear?

Do you have to have a Bitstamp account to view this information?

 I do NOT have an account, but I can view the bid and ask order books - but only back so far.  Currently, with the price at $663, I can see between $530 and $796.  I did NOT know that anyone could view beyond those order price points.