Quote from: oda.krell on May 24, 2014, 03:14:21 PM

Quote from: BitChick on May 24, 2014, 02:34:39 PM

Quote from: darlidada on May 24, 2014, 02:32:18 PM

What do you guys think of this ? it was taken from the french forum.

Bullish?

Which exchange is this supposed to be? This is Bitstamp's order book currently:

minus 40 USD: 6k coins

plus 40 USD: 3k coins

That's arguably a mildly bullish picture, but not overwhelmingly so. Walls turn out to be fake and are pulled, and 3k (or 6k) coins are eaten pretty fast if momentum builds up.

pretty sure its the other way around, wall are mostly all real, split up and move around when price moves, but even a sudden drop or spike produces about 2-5X volume, because theres always people that don't place bids till they see their magic number