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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1183. (Read 1811709 times)

legendary
Activity: 2198
Merit: 1311
legendary
Activity: 1372
Merit: 1003
$6.222 WTF  Shocked

Well Intersango GBP/BTC is at £4.06 and that's $6.38  Shocked
legendary
Activity: 1372
Merit: 1003
$6.222 WTF  Shocked
legendary
Activity: 1246
Merit: 1010
a few weeks ago we were around 5... there is now 340k USD ready to buy above 5...
legendary
Activity: 1778
Merit: 1008
looks like it moved to 5.90. smaller though.
sr. member
Activity: 252
Merit: 250
The wall at 5.70 has gone
legendary
Activity: 1246
Merit: 1010
I wonder if Greeks are realizing that is may not matter where the money runs to... if its in Euros and a Greek holds the account its very possible that the banks would be encouraged to "cooperate" by pushing Greek acts back to Greece to ensure an orderly departure.
legendary
Activity: 1904
Merit: 1002
how can anyone say we have a Mania? 

how many remember all the ridiculous threads that were started back in Dec/Jan as we started the rise?  it's been remarkably civil around here during this latest rise since February.

uhhh...

we are censored now

Good point.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
how can anyone say we have a Mania? 

how many remember all the ridiculous threads that were started back in Dec/Jan as we started the rise?  it's been remarkably civil around here during this latest rise since February.

uhhh...

we are censored now
legendary
Activity: 1246
Merit: 1010
wow, there's 20k USD trying to get in at market...
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1764
Merit: 1002
... and even if MtGox was to fold up shop, the volume is quite a bit more evenly distributed among exchanges today than it was then. Not ideal, by any means, but better.

Couple this with the slew of "good" publicity Bitcoin has been getting lately, and this certainly seems like a more organic and authentic kind of growth, for sure.

great points.
legendary
Activity: 1106
Merit: 1001
how can anyone say we have a Mania? 

how many remember all the ridiculous threads that were started back in Dec/Jan as we started the rise?  it's been remarkably civil around here during this latest rise since February.
Indeed I honestly feel that this rally is very likely one of the most sound and legitimate increases in Bitcoin's value ever. I'm not discarding mania and a possible bubble later, but I'm not seeing that right now. There is not much panic buying going on, that is a good sign of an impending bubble. Safe for now.

I agree, this rise has a pretty different feel than last spring and summer. But also, let us not forget that last summer's bubble was triggered by the theft of a large sum of BTC from allinvain followed just a few days later by the MtGox hack. Both of these are much less likely to happen now... and even if MtGox was to fold up shop, the volume is quite a bit more evenly distributed among exchanges today than it was then. Not ideal, by any means, but better.

Couple this with the slew of "good" publicity Bitcoin has been getting lately, and this certainly seems like a more organic and authentic kind of growth, for sure.
legendary
Activity: 1458
Merit: 1006
legendary
Activity: 1246
Merit: 1016
Strength in numbers
how can anyone say we have a Mania? 

how many remember all the ridiculous threads that were started back in Dec/Jan as we started the rise?  it's been remarkably civil around here during this latest rise since February.
Indeed I honestly feel that this rally is very likely one of the most sound and legitimate increases in Bitcoin's value ever. I'm not discarding mania and a possible bubble later, but I'm not seeing that right now. There is not much panic buying going on, that is a good sign of an impending bubble. Safe for now.

Yeah, this not not mania by any means.

I suspect a lot of people are thinking something like "Bitcoin is more mature now and won't rise so much this time, 10-50% is a more realistic rise so I'll sell somewhere in that range", then when they are all exhausted we'll get the flare up and eventually settle at the next level up from here.

.06, .20, 1, 2, 5... 10(?)

legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
how can anyone say we have a Mania? 

how many remember all the ridiculous threads that were started back in Dec/Jan as we started the rise?  it's been remarkably civil around here during this latest rise since February.
Indeed I honestly feel that this rally is very likely one of the most sound and legitimate increases in Bitcoin's value ever. I'm not discarding mania and a possible bubble later, but I'm not seeing that right now. There is not much panic buying going on, that is a good sign of an impending bubble. Safe for now.
legendary
Activity: 1764
Merit: 1002
how can anyone say we have a Mania? 

how many remember all the ridiculous threads that were started back in Dec/Jan as we started the rise?  it's been remarkably civil around here during this latest rise since February.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
I spy with my little eye: 40k at 5.70
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
We are nowhere near a bubble right now. We might form one later if the momentum keeps rising but I'm skeptical about that. Most of the people in this market are fairly conservative, as long as that's true it's unlikely that we'll have a bubble. With conservative players you'll have increasing amount of fear and expectation of a correction the more the price rises. Last summer was different because we had so many gold diggers and so much of it was just pure hype.

This is Bitcoin growing and increasing its market cap, which is excellent. A bubble is possible but not especially likely I think. I'm keeping all options open though, let's just see how it goes. Of course I'm talking about large bubbles when I refer to a bubble, small ones come and go naturally all the time.
legendary
Activity: 1904
Merit: 1002
It's starting to feel like spring 2011 around here again.

yes, it's time to strip that Bear off your avatar. Wink

Agreed. That bear dances way too long now.  Tongue

Before long, here's how I imagine your avatar... I wish I had the artistic skills to make it


Dancing like now... red dot appears and centers on bears head... bear's head blown away... man looks around, smiles, takes all the bitcoins out of the bears pockets and walks away calmly.
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