That sell wall looks very "stepped".
And why might that be? =)
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1083. (Read 1811592 times)
And why might that be? =)
That sell wall looks very "stepped".
Pirate doesn't have enough Bitcoins. He will try to bring it down but he needs to buyback soon.
What in the world makes you think he "needs to buy back"?
Pirate doesn't have enough Bitcoins. He will try to bring it down but he needs to buyback soon.
What in the world makes you think he "needs to buy back"?
What makes you think he was was even selling at any point?
Pirate doesn't have enough Bitcoins. He will try to bring it down but he needs to buyback soon.
What in the world makes you think he "needs to buy back"?
Pirate doesn't have enough Bitcoins. He will try to bring it down but he needs to buyback soon.
Update...
yeah that's right because if there isn't sufficient money flow by then inside the BTC economy it wouldn't be worth it. In fact all block reward adjustments are already factored in.
That doesn't mean that the price can't increase... the thing is you wouldn't be buying BTC if there were a unlimited number of them wouldn't you. The block reward reduction is just the means to accomplish this. Of course there is less immediate inflation which could be argued that a price rises after the block reward reduction.... but saying prices rise currently because of said price rise as a speculative motor is just too far fetched.
That doesn't mean that the price can't increase... the thing is you wouldn't be buying BTC if there were a unlimited number of them wouldn't you. The block reward reduction is just the means to accomplish this. Of course there is less immediate inflation which could be argued that a price rises after the block reward reduction.... but saying prices rise currently because of said price rise as a speculative motor is just too far fetched.
This theory would only work if everyone already knew about bitcoin, and about the block reward halving. The way it works, though, is likely a lot more organic than that. As new people come in, they first find out about bitcoin, then about the block reward drop. That would push the price up.
I'm not saying this is the reason behind this particular rise. But the notion that all aspects of Bitcoin are already accounted for only works if everyone knows about them, and right now most people have no idea what a bitcoin is (though some may think it's the plot line of a Good Wife episode :-)
At last you guys were around to play. 
I was away for a long weekend and I come back to see a golden opportunity pass me buy by.
Well at least I still have my coins. Now how fast can I get money in to the exchange........
I was away for a long weekend and I come back to see a golden opportunity pass me Well at least I still have my coins. Now how fast can I get money in to the exchange........
just call up bernanke to mine some more USD
At last you guys were around to play. I was away for a long weekend and I come back to see a golden opportunity pass me buy by.
Well at least I still have my coins. Now how fast can I get money in to the exchange........
I was away for a long weekend and I come back to see a golden opportunity pass me Well at least I still have my coins. Now how fast can I get money in to the exchange........
I see there was fun weekend in bitcoin land
If only the main trading activity wouldnt happen during American Afternoon hours! I seriously need to return to some healthy sleep rhythm.
i was asleep when it was under 9.50. went to bed it was about 9.50 i think. wokeup same i missed the volatility
I see there was fun weekend in bitcoin land
If only the main trading activity wouldnt happen during American Afternoon hours! I seriously need to return to some healthy sleep rhythm.
I see there was fun weekend in bitcoin land
That was a real weekend-dip 
Adam, are you alive?
Adam, are you alive?
He's likely fainted from rapidly clicking the sell button as quickly as possible for days on end. ;p
That was a real weekend-dip
Adam, are you alive?
Adam, are you alive?
Aaaaand we're going back down folks
The fleecing shall commence soon!
Already happen.........fleecing does happen on the way down as also on the way up.
Selling at $7.50 and buying back at $10 is fleecing lol
no doubt. This sheep is;
trimmed on both sides..
The fleecing shall commence soon!
Already happen.........fleecing does happen on the way down as also on the way up.
Selling at $7.50 and buying back at $10 is fleecing lol
if fleecing also includes the sheep going inside and saying "yes i would like my fur cut off"
The fleecing shall commence soon!
Already happen.........fleecing does happen on the way down as also on the way up.
Selling at $7.50 and buying back at $10 is fleecing lol
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