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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1071. (Read 1811709 times)

legendary
Activity: 1078
Merit: 1003
The chart right now:




See what I mean?
legendary
Activity: 1078
Merit: 1003
Going by what happened last time (in no way thinking it accurately predicts he future) I speculate we are today exactly where we were on June the 16th last year on this chart:


hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
Time for going north a bit imo.
legendary
Activity: 1078
Merit: 1003
What a stand off, there's like no volume. I wonder which way it'll break next, given the bearish past two weeks and the action I observed for the last 3-4 days my bet is on the sellers giving in first, what about yours?
donator
Activity: 2772
Merit: 1019
you can bet your ass that the USD side will never run out of ammo

Unless their printing presses run out of ink.

business proposal: sell ink for BTC
hero member
Activity: 504
Merit: 500
Im having trouble seeing what the point of this war is

Control of the exchange and the value of bitcoin.

Right, but if one side has USD, they are the ones that can effectively push the price up... The converse is true for the bitcoin side. What is the point of doing so (as it goes against their interests)?

If someone is manipulating properly, then they would be holding liquid on both sides. Adam was just pointing out that some of them would be USD heavy at this point and was not implying that there is a strict USD verse BTC groups.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Im having trouble seeing what the point of this war is

Control of the exchange and the value of bitcoin.

Right, but if one side has USD, they are the ones that can effectively push the price up... The converse is true for the bitcoin side. What is the point of doing so (as it goes against their interests)?

Yeah - the war/fight between bulls and bears metaphor is a very lousy one - but people just like to see things explained in this way.



I don't even know what "bears" and "bulls" represent. I buy and sell bitcoins as needed. So does everyone else. Things change, complex things even more so. As simple as that.
zby
legendary
Activity: 1594
Merit: 1001
Im having trouble seeing what the point of this war is

Control of the exchange and the value of bitcoin.

Right, but if one side has USD, they are the ones that can effectively push the price up... The converse is true for the bitcoin side. What is the point of doing so (as it goes against their interests)?

Yeah - the war/fight between bulls and bears metaphor is a very lousy one - but people just like to see things explained in this way.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Im having trouble seeing what the point of this war is

Control of the exchange and the value of bitcoin.

Right, but if one side has USD, they are the ones that can effectively push the price up... The converse is true for the bitcoin side. What is the point of doing so (as it goes against their interests)?
sr. member
Activity: 476
Merit: 250
Im having trouble seeing what the point of this war is

Control of the exchange and the value of bitcoin.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration

I think its been clear for a long time now that at least 1 new big player has entered the market

and he means business.

Hints?

the way wall after wall was bought up, ( the very start of lift off from 5 )
the way we bounced back so fast when pirate dumped from 9 to 7 last month.
the way the falling knife was caught at 8ish and quickly bought up back to 10.

if you've been paying attention you know its not just 1 guy.

theirs a war going on.

one side has USD, the other bitcoins

you can bet your ass that the USD side will never run out of ammo

Im having trouble seeing what the point of this war is
sr. member
Activity: 476
Merit: 250
you can bet your ass that the USD side will never run out of ammo

Unless their printing presses run out of ink.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner

I think its been clear for a long time now that at least 1 new big player has entered the market

and he means business.

Hints?

the way wall after wall was bought up, ( the very start of lift off from 5 )
the way we bounced back so fast when pirate dumped from 9 to 7 last month.
the way the falling knife was caught at 8ish and quickly bought up back to 10.

if you've been paying attention you know its not just 1 guy.

theirs a war going on.

one side has USD, the other bitcoins

you can bet your ass that the USD side will never run out of ammo
sr. member
Activity: 476
Merit: 250
if you've been paying attention you know its not just 1 guy.

There's obviously collusion of some kind occurring. The manipulation is obvious.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration

where did the wall go?

Maybe he read the forums where everyone was predicting 7-8  Embarrassed
sr. member
Activity: 476
Merit: 250

I think its been clear for a long time now that at least 1 new big player has entered the market

and he means business.

Hints?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner

where did the wall go?
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration




they don't realize what going to happen to their pyramid when everyone at the bottom simply walks away.


+1
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Quote
How many active BIG playas are there Adam, what do you think?

23, all of them hold more USD then bitcoin at this point.

Are you referring to Illumicorp?



no Illumicorp still thinks bitcoin is just another pyramid

they don't realize what going to happen to their pyramid when everyone at the bottom simply walks away.

Not knowing things is what got them where they are now?

The walls are boring:
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
Quote
How many active BIG playas are there Adam, what do you think?

23, all of them hold more USD then bitcoin at this point.

Are you referring to Illumicorp?



no Illumicorp still thinks bitcoin is just another pyramid

they don't realize what going to happen to their pyramid when everyone at the bottom simply walks away.
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