Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33065.

nmersulypnem

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Quote from: Frozenlock on June 20, 2013, 10:12:36 AM

FWIW

Quote from: ineededausername on June 20, 2013, 10:10:14 AM

Quote from: samson on June 20, 2013, 10:08:56 AM

Quote from: ineededausername on June 20, 2013, 09:59:08 AM

Mtux says Mizuho Bank's automated wire transfer API is broken right now. Wires can only be sent out manually by Mizuho. Gox is opening accounts at other banks, which should drastically improve USD withdrawal times and bypass the technical problems at Mizuho. This process should take around 2 weeks.

Lets examine this a little.

An API which has been working perfectly for a bank suddenly stops working and there is no solution to the problem apart from opening new bank accounts ?

Banks don't just go in and break their systems, if there was a software issue with their API they would roll back any recent changes and make it work again.

This is an excuse. Knowing how Asian businesses operate I would say it's a 'face saving' excuse.

I think I can say that this is also a lie - someone at the bank is lying to mtux if this is what was said.

Code:

[23:08] we broke their system due to the volume
[23:08] the bank's system?
[23:08] what do you mean broke?
[23:08] yep
[23:08] it's broken
[23:08] a technical problem?
[23:08] yep
[23:09] they're working on fixing this, and we're opening new bank accounts in other banks as I speak to resume transfers (it takes 2 weeks)

if anyone wants to interpret it any differently.

Where is the rest of this conversation? Looks like I missed it...

BitcoinAshley

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Quote from: Richy_T on June 20, 2013, 10:20:37 AM

up uP UP?

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Jozzaboy

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Quote from: ShroomsKit on June 20, 2013, 10:15:00 AM

It's looks like your mother's dildo has completed construction. I mean... blast off!

Miz4r

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The big money is coming.. 112 has been broken and we can prepare for launch into the stratosphere. 180 here we come! Cheesy

hlynur

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it's getting interesting

ShroomsKit

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ShroomsKit

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Merit: 500

I'm not really paying attention but did the wall at $115 get bigger again after that big buy?

Edit: it adjusted already. Just Mtgox lag.

4mherewego

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I love this sound!

Frozenlock

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Activity: 434

Merit: 250

FWIW

Quote from: ineededausername on June 20, 2013, 10:10:14 AM

Quote from: samson on June 20, 2013, 10:08:56 AM

Quote from: ineededausername on June 20, 2013, 09:59:08 AM

Mtux says Mizuho Bank's automated wire transfer API is broken right now. Wires can only be sent out manually by Mizuho. Gox is opening accounts at other banks, which should drastically improve USD withdrawal times and bypass the technical problems at Mizuho. This process should take around 2 weeks.

Lets examine this a little.

An API which has been working perfectly for a bank suddenly stops working and there is no solution to the problem apart from opening new bank accounts ?

Banks don't just go in and break their systems, if there was a software issue with their API they would roll back any recent changes and make it work again.

This is an excuse. Knowing how Asian businesses operate I would say it's a 'face saving' excuse.

I think I can say that this is also a lie - someone at the bank is lying to mtux if this is what was said.

Code:

[23:08] we broke their system due to the volume
[23:08] the bank's system?
[23:08] what do you mean broke?
[23:08] yep
[23:08] it's broken
[23:08] a technical problem?
[23:08] yep
[23:09] they're working on fixing this, and we're opening new bank accounts in other banks as I speak to resume transfers (it takes 2 weeks)

if anyone wants to interpret it any differently.

Jozzaboy

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Gentlemen, we are reaching escape velocity on the price right now Cool

barbs

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holy shit buying

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: RationalSpeculator on June 20, 2013, 09:57:48 AM

Question for the Wall specialists.

When you look at the form of the wall the sell side looks like a strong wave about to flood over the buy side, just like the buy side looked when it was going up fastly at the start of the year.

Currently the buy wall looks like a gradual slope up, looks much weaker then the wave on the sell side, and if I remember correctly the sell side also looked like this at the start of the year.

Is it fair to conclude that the sell side is stronger when looking at the form of the walls?

And is it fair to conclude from that that prices have a higher chance to go down than up, based on wall form?

You tend to see this when the price moves. The movement "eats" into the side it moves into making it look steep. Many orders are cancelled automatically (and other new ones placed) but it can take a while for those trading manually to adapt to new circumstances.

EuroTrash

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FYI

https://bitcointalksearch.org/topic/m.2531177

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

NewLiberty

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Gresham's Lawyer

Quote from: ShroomsKit on June 20, 2013, 09:26:26 AM

Wrong forum.

+1

RationalSpeculator

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Activity: 294

Merit: 250

This bull will try to shake you off. Hold tight!

Question for the Wall specialists.

When you look at the form of the wall the sell side looks like a strong wave about to flood over the buy side, just like the buy side looked when it was going up fastly at the start of the year.

Currently the buy wall looks like a gradual slope up, looks much weaker then the wave on the sell side, and if I remember correctly the sell side also looked like this at the start of the year.

Is it fair to conclude that the sell side is stronger when looking at the form of the walls?

And is it fair to conclude from that that prices have a higher chance to go down than up, based on wall form?

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: Its About Sharing on June 20, 2013, 09:12:39 AM

The bigger thing that I am speaking of though, remains true, we are a part of the earth and not separate from it. If you think things in our environment (and even things outside it like the moon) do not effect us, it makes no sense in a quantum physics sort of a way. Too many women (in particular) feel the full moon coming on and there is the menstration correlation as well. Of course there are many other examples we see in our lives that show we are not separate from Nature, we are born from it. Just like an apple tree "apples", the earth "peoples". Allan Watts said that and we don't lose the connection...

http://www.straightdope.com/columns/read/1348/whats-the-link-between-the-moon-and-menstruation

Quote

The smart money says it's coincidence. In Science and the Paranormal (1983), astronomer George O. Abell writes, "The moon's cycle of phases is 29.53 days, while the human female menstrual cycle averages 28 days (although it varies among women and from time to time with individual women); this is hardly even a good coincidence!

You need to get a healthy dose of skepticism (and likely read a quantum physics book).

EuroTrash

hero member

Activity: 728

Merit: 500

Ahem, a long debate between cynical materialists and tree huggers... in the Speculation forum's Wall Observer thread?
You guys are quoting each other in full. It's like entire full pages I have to skip through by now.
Can we give it a break?
Sorry it had to be said.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: bangersdad on June 20, 2013, 09:33:40 AM

Quote from: Its About Sharing on June 20, 2013, 09:20:17 AM

Quote from: octaft on June 20, 2013, 03:10:50 AM

Quote from: Its About Sharing on June 20, 2013, 02:52:31 AM

I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

most "miracles" are purely psychological disorders.

How can you say? How do you study things that are not reproducible? You are creating a rigid reality then.

Firsthand experience seems to be the only way to know, but you can't prove it (just like love). And when you look at the level of prozac (etc.) consumption and the reasons for it, I'd say more miracles, regardless of how/why, is very needed these days.

Luv to ya

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