Timeline for What are the implications of a decreasing trend of MtGox "ask" depth compared with "bid" depth?
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jul 5, 2012 at 0:25 | vote | accept | Highly Irregular | ||
| Jun 23, 2012 at 0:52 | comment | added | Stephen Gornick | Ya, sorry for putting too many words to basically say: Lots of Bitcoins have moved away from Mt. Gox (because withdrawing the proceeds after you've sold them has become such a hassle) so don't read to too much into the lower level until you have combined numbers that show all the exchanges. | |
| Jun 21, 2012 at 19:10 | comment | added | Highly Irregular | I'm not sure this answers the question very well. My understanding is that it shows a decreasing trend of the depth of sell orders, which can mean the demand is outstripping supply and the price is more likely to rise. Admittedly, this could be manipulated by someone with a large holding, but the price has risen substantially fairly soon after I posted this question. | |
| Jun 12, 2012 at 1:56 | history | edited | Stephen Gornick | CC BY-SA 3.0 |
added 108 characters in body
|
| Jun 12, 2012 at 1:51 | history | answered | Stephen Gornick | CC BY-SA 3.0 |