Wall Observer - MtGoxUSD wall movement tracker - page 1005.

keewee

legendary

Activity: 1025

Merit: 1000

Quote from: Spekulatius on October 09, 2012, 04:40:29 PM

Quote from: keewee on October 09, 2012, 02:33:39 AM

<----- waits for cat picture.....

Quote from: Spekulatius on October 08, 2012, 03:21:57 PM

Quote from: keewee on October 08, 2012, 03:00:39 PM

Well I bought at 10.87 but given my (short) trading history it is bound to turn out to be a mistake lol

Nice kiwi! Just make sure to sell before we get to 11.8$. Low volume like that makes this dead cat bounce what it is, a dead cat bouncing off the bottom. If we get to 12$ however, I shall bite my ass and search for some appropriate cat picture from the internetz to illustrate the pain of the moment.

lol nice

Although... my wife was more interested in seeing a pic of you biting your ass but let's not go there k Grin

robocoin

sr. member

Activity: 252

Merit: 250

Quote from: Kupsi on October 09, 2012, 05:06:39 PM

It looks like the liftoff to $20 is postponed...

But I still believe in $20 before new year Cheesy

I am with you.

Kupsi

legendary

Activity: 1193

Merit: 1003

9.9.2012: I predict that single digits... <- FAIL

It looks like the liftoff to $20 is postponed...

But I still believe in $20 before new year Cheesy

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: keewee on October 09, 2012, 02:33:39 AM

<----- waits for cat picture.....

Quote from: Spekulatius on October 08, 2012, 03:21:57 PM

Quote from: keewee on October 08, 2012, 03:00:39 PM

Well I bought at 10.87 but given my (short) trading history it is bound to turn out to be a mistake lol

Nice kiwi! Just make sure to sell before we get to 11.8$. Low volume like that makes this dead cat bounce what it is, a dead cat bouncing off the bottom. If we get to 12$ however, I shall bite my ass and search for some appropriate cat picture from the internetz to illustrate the pain of the moment.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: vokain on October 09, 2012, 12:53:53 PM

Quote from: ElectricMucus on October 09, 2012, 12:44:56 PM

GLBSE is only the catalyst for what has been brewing for months now. We got to the point where even mining is subsidized by ponzis, and those on GLSBE were only a part of it. There are various stand alone schemes run by miner and pyramining which haven't collapsed yet...

What this will do to the price is not certain - what is certain is that the shitstorm will be epic.

I don't know why it'd be a shitstorm compared to Pirate aftermath, Bitfloor aftermath, and entire lending board collapse aftermath, etc. Has the market not been conditioned against ponzis collapsing and thefts enough for these sorts of things to be factored into the price we pay for a bitcoin yet?

Idk the pirate one was pretty entertaining. (I'm not speaking about price movements just people being butthurt on the forums mind you)

Again idk what this will do to the price, the potential for a crunch is there alone by the mass of bitcoin piled up by the operators of the various schemes. They might dump, or not... who knows.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: vokain on October 09, 2012, 12:53:53 PM

Quote from: ElectricMucus on October 09, 2012, 12:44:56 PM

GLBSE is only the catalyst for what has been brewing for months now. We got to the point where even mining is subsidized by ponzis, and those on GLSBE were only a part of it. There are various stand alone schemes run by miner and pyramining which haven't collapsed yet...

What this will do to the price is not certain - what is certain is that the shitstorm will be epic.

I don't know why it'd be a shitstorm compared to Pirate aftermath, Bitfloor aftermath, and entire lending board collapse aftermath, etc. Has the market not been conditioned against ponzis collapsing and thefts enough for these sorts of things to be factored into the price we pay for a bitcoin yet?

well, it was noted a few pages ago in this thread (i think) shortly after the bitfloor thing that while the price will crash or what have you after such negative events, the time to recovery is getting faster. seemingly a good thing if true.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: ElectricMucus on October 09, 2012, 12:44:56 PM

GLBSE is only the catalyst for what has been brewing for months now. We got to the point where even mining is subsidized by ponzis, and those on GLSBE were only a part of it. There are various stand alone schemes run by miner and pyramining which haven't collapsed yet...

What this will do to the price is not certain - what is certain is that the shitstorm will be epic.

I don't know why it'd be a shitstorm compared to Pirate aftermath, Bitfloor aftermath, and entire lending board collapse aftermath, etc. Has the market not been conditioned against ponzis collapsing and thefts enough for these sorts of things to be factored into the price we pay for a bitcoin yet?

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

GLBSE is only the catalyst for what has been brewing for months now. We got to the point where even mining is subsidized by ponzis, and those on GLSBE were only a part of it. There are various stand alone schemes run by miners and there is pyramining, both which haven't collapsed yet...

What this will do to the price is not certain - what is certain is that the shitstorm will be epic.

Ente

legendary

Activity: 2126

Merit: 1001

Quote from: proudhon on October 09, 2012, 11:00:09 AM

Also, pay attention to bitcoin news. The GLBSE news, combined with some wall posturing and low volume, was about as good a suggestion for an impending downward movement as you can get.

In hindsight, definitely.
I read the crash of GLBSE early enough. As I never used it I underestimated its impact, though. Elsewhere was stated the total BTC on GLBSE are around 8000 only, though..
Probably the regular [stock-]exchange hysterica. And then the other signs were there too.
As I repeatedly lost money and/or bitcoins when playing daytrader, I decided to sit back and watch for a while. heh.

Now I'm getting total OT and newb-mode:
What are easily visible hints that something drastic may come?

- low volume for a long time
- too narrow band where the price stays in
- triangle-formation

I won't even start to draw in charts. It all seems perfectly clear when you see someone's results, but figuring it out yourself..? Huh

Ente

Yuhfhrh

full member

Activity: 238

Merit: 100

[Service] Text Messaging Alerts for Bitcoin Price Movement
https://bitcointalksearch.org/topic/service-text-messaging-or-email-alerts-for-bitcoin-price-movement-117427

Mushoz

hero member

Activity: 686

Merit: 500

Bitbuy

Quote from: ElectricMucus on October 09, 2012, 12:19:48 PM

Quote from: vokain on October 09, 2012, 12:16:01 PM

Quote from: proudhon on October 09, 2012, 12:08:04 PM

Quote from: vokain on October 09, 2012, 11:35:20 AM

Quote from: Ente on October 09, 2012, 02:55:41 AM

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente

Haha I know right, I would've bought in around low 11s, didn't even think the 10s would happen, but I seriously fucked up when i put in a big temporary buy order for 11.8 two nights ago to add some downward pressure and realized I typed in 12.8 after the fact, causing me to buy at 12.20 Sad

((((((

hard lessons learned hard

How did you expect your buy order to add to downward pressure? It did you mean to place a sell order and instead placed a buy?

My logic was that by placing a lower priced buy order, I would slightly increase density at the lower price and buyers and sellers would note the depth accordingly and possibly adjust their ideas of what the fair market rate might be.

Sounds more like to me as you got burned and are not willing to admit it - yet.

He bought at 12.20 and the price is now at 11.80ish. It's not ideal, and he clearly lost some money, but it's hardly big enough to say he got burned. Also, his buy wasn't intentional, like he said Wink

vokain

legendary

Activity: 1834

Merit: 1019

Haha I'll admit I got burned due to my own stupid mistake, and I'm paying the price for it. I wish there was a confirmation popup to make sure you want to open a trade, like on blockchain making sure if you want to send x address y coins.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: vokain on October 09, 2012, 12:16:01 PM

Quote from: proudhon on October 09, 2012, 12:08:04 PM

Quote from: vokain on October 09, 2012, 11:35:20 AM

Quote from: Ente on October 09, 2012, 02:55:41 AM

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente

Haha I know right, I would've bought in around low 11s, didn't even think the 10s would happen, but I seriously fucked up when i put in a big temporary buy order for 11.8 two nights ago to add some downward pressure and realized I typed in 12.8 after the fact, causing me to buy at 12.20 Sad

((((((

hard lessons learned hard

How did you expect your buy order to add to downward pressure? It did you mean to place a sell order and instead placed a buy?

My logic was that by placing a lower priced buy order, I would slightly increase density at the lower price and buyers and sellers would note the depth accordingly and possibly adjust their ideas of what the fair market rate might be.

Sounds more like to me as you got burned and are not willing to admit it - yet.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: proudhon on October 09, 2012, 12:08:04 PM

Quote from: vokain on October 09, 2012, 11:35:20 AM

Quote from: Ente on October 09, 2012, 02:55:41 AM

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente

Haha I know right, I would've bought in around low 11s, didn't even think the 10s would happen, but I seriously fucked up when i put in a big temporary buy order for 11.8 two nights ago to add some downward pressure and realized I typed in 12.8 after the fact, causing me to buy at 12.20 Sad

((((((

hard lessons learned hard

How did you expect your buy order to add to downward pressure? It did you mean to place a sell order and instead placed a buy?

My logic was that by placing a lower priced buy order, I would slightly increase density at the lower price and buyers and sellers would note the depth accordingly and possibly adjust their ideas of what the fair market rate might be.

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: vokain on October 09, 2012, 11:35:20 AM

Quote from: Ente on October 09, 2012, 02:55:41 AM

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente

Haha I know right, I would've bought in around low 11s, didn't even think the 10s would happen, but I seriously fucked up when i put in a big temporary buy order for 11.8 two nights ago to add some downward pressure and realized I typed in 12.8 after the fact, causing me to buy at 12.20 Sad

((((((

hard lessons learned hard

How did you expect your buy order to add to downward pressure? It did you mean to place a sell order and instead placed a buy?

Yuhfhrh

full member

Activity: 238

Merit: 100

Quote from: vokain on October 09, 2012, 11:45:42 AM

Quote from: Yuhfhrh on October 09, 2012, 11:39:28 AM

I would do a paid text alarm if there was enough demand. For what like 0.1 btc/month?

That'd be realllllly nice. The GroupMe service does group texting very well too. www.groupme.com

I'm writing it up as we speak. I'll leave a link to it here when I'm done.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Yuhfhrh on October 09, 2012, 11:39:28 AM

I would do a paid text alarm if there was enough demand. For what like 0.1 btc/month?

That'd be realllllly nice. The GroupMe service does group texting very well too. www.groupme.com

Yuhfhrh

full member

Activity: 238

Merit: 100

I would do a paid text alarm if there was enough demand. For what like 0.1 btc/month?

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Ente on October 09, 2012, 02:55:41 AM

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente

Haha I know right, I would've bought in around low 11s, didn't even think the 10s would happen, but I seriously fucked up when i put in a big temporary buy order for 11.8 two nights ago to add some downward pressure and realized I typed in 12.8 after the fact, causing me to buy at 12.20 Sad