Time for going north a bit imo.
Damn im good!
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1071. (Read 1811592 times)
Might be, but I still have trouble thinking that pirate default is net bearish.
If I had lost any BTC with pirate, I would buy some back.
If I had lost any BTC with pirate, I would buy some back.
Or you'd be pissed off at Bitcoin (instead of your own stupid ass) and leave for a while.. coupled with traders mistakenly expecting an increased demand because of the default could be a perfect storm brewing.
Might be, but I still have trouble thinking that pirate default is net bearish.
If I had lost any BTC with pirate, I would buy some back.
If I had lost any BTC with pirate, I would buy some back.
Not the same, bit it might be similar. In both cases a short term bubble popped and in both cases there was an extremely negative short term confidence shaking event - mtgox hack vs pirate default.
I speculate a lot of people have turned short term bears but who knows.
I speculate a lot of people have turned short term bears but who knows.
Human brain is indeed really good at picking up patterns 
Do you think the fundamentals of bitcoin are the same as last summer ?
I'm taking the risk of making the classic mistake : This time is different
Do you think the fundamentals of bitcoin are the same as last summer ?
I'm taking the risk of making the classic mistake : This time is different
The chart right now:
See what I mean?
See what I mean?
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:
Time for going north a bit imo.
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?
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
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.
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.
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.
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)?
Im having trouble seeing what the point of this war is
Control of the exchange and the value of bitcoin.
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
you can bet your ass that the USD side will never run out of ammo
Unless their printing presses run out of ink.
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
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.
where did the wall go?
Maybe he read the forums where everyone was predicting 7-8
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