Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1179. (Read 1811605 times)
I'm sure there's more where that came from. This have been too positive lately. I wouldn't even be surprised to see the order book flip around.
Should we call in PinkFloyd to help? 21k who the fuc... did this!!!! Stained coins perhaps? Leave the kids alone...
21K at 6.75, now that's a wall to make someone proud
how to you get to see from 2$ to 12$?
move mouse to bottom area of the chart and then hold down the left mouse button then slide from right to left.
how to you get to see from 2$ to 12$?
we'll get the wall down!
I'll call this one "It's about time".
Does that mean someone with alot of USD just removed his/her orders which were split in many little ones to make it look like they were organic?
3rd time tonight this happened.
Just a speculation however...
Looks like the tide came in.
Ya i was just playing with my bids a little
Does that mean someone with alot of USD just removed his/her orders which were split in many little ones to make it look like they were organic?
3rd time tonight this happened.
Just a speculation however...
Looks like the tide came in.
Hmm... What is happening here...
Keeping the engine idling over the weekend in the hopes of wide open throttle for the week days.
Hmm... What is happening here...
Wonder when the tide will come in.
Hmm... What is happening here...
Going head to head with a wall will inevitably lead to Cephalalgia. 
Yes. The rally is over. Everyone can relax for a few months. Well, relax after you sell your bitcoins because you're worried the price will go lower. Ammiright?
I'm calling this one "Quick, I need to sell now, so I can buy back later and have moar coins".
"My wall was sold out? Oh, lets jut put another."
edit: also sold out
I doubt that we will break below 6$, as it provides some good resistance. Probably reverse somewhere between 6.05$ and 6.3$, back to 6.6$. If we can produce a new high above that 7.00$ and more is in plain sight.
If we break below 6.0$, the 5.4$-5.6$ range would provide further resistance.
If we break below 6.0$, the 5.4$-5.6$ range would provide further resistance.
Here we go! Everyone who bought bitcoins wants to get more bitcoins, but nobody wants to buy into the asks, so everyone who recently bought bitcoins will sell because everyone else who bought bitcoins wants to sell to get more bitcoins. This sort of thing has typically moved pretty strongly against upward movement, and I think its force has been stronger over the past year and is going to continue to lead to long periods of downward movement with long periods of leveling off after dramatic rises. So, back into the 5s, level off, slowing creep up and bounce around, and then maybe break $6.60 and test the 2012 high. This will likely happen over months.
I doubt that we will break below 6$, as it provides some good resistance. Probably reverse somewhere between 6.05$ and 6.3$, back to 6.6$. If we can produce a new high above that 7.00$ and more is in plain sight.
If we break below 6.0$, the 5.4$-5.6$ range would provide further resistance.
If we break below 6.0$, the 5.4$-5.6$ range would provide further resistance.
We're probably going to see an acceleration of attempts to take profit and/or increase positions since the short term price is clearly trending down now. I think we'll see an over correction into the 5s and maybe below that before the price goes any higher. And, again, I still think we've already seen the 2012 high.
It's sunday. More funds will be transfered into the exchanges tomorrow. I was expecting a drop down to 5.70 this weekend, but the 30.000 BTC buy order on friday night slowed down the price fall. Now I guess the price will be > $7.00 on tuesday or wednesday. Jump to: