Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 144. (Read 1811599 times)

member
Activity: 115
Merit: 10
sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

Never apologise for taking profit =D
legendary
Activity: 2097
Merit: 1070
sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

At what price are you planning on buying back in ? Maybe when it gets to $200 again ?
member
Activity: 116
Merit: 10
sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.
hero member
Activity: 602
Merit: 508
First german new media starts to think about bitcoins end (headline): http://www.n-tv.de/wirtschaft/Panik-Verkaeufe-beim-Bitcoin-article10454586.html

Headline is heavy but the article say that the boom or hype is now over.
full member
Activity: 210
Merit: 100
Pirate intraday was about 50%, so I would say we currently have only one, from 2011.

Now, for this to really qualify as a crash, I would like to see a weekly red candle Smiley

As for -20% dips, this is the 6th in 35 days, so nothing new there.

Well a weekly red would be a first for 2013. I think the confidence of many people has been shaken by the severity of this crash, in the press I see many 'analysts' declaring the bubble to have finally burst and stating the price will go down to January levels (which would most certainly be very unlikely).
 
So I think the recovery may take a bit longer than usual. Most important thing is to explain why Bitcoin has so much future potential and is not just a vehicle to double your money every week. My estimate is that Bitcoins intrinsic value at this time is between $20B and $200B, based on the unique properties of this groundbreaking technology.
newbie
Activity: 28
Merit: 0
Gox is upgrading now. Nothing goes.
hero member
Activity: 602
Merit: 508
Should I go in with 50$ if we hit 100$ zone? I am noob Cheesy

i wouldn't buy at either

why try to guess the direction of the market?

I thought it would go up to 200$ next hours maybe... dunno. I am beginner and try to understand all that lol.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
pick your poison. Lag or DDOS. Different Poison, same Goxing.
donator
Activity: 1722
Merit: 1036
Bitcoin will get mentioned someplace with lots of readers, a bunch of those readers will like the idea and try to buy Bitcoins, their price will rise which will draw even more people to "invest", which will drive the price up even more... until people decide that the price isn't going to rise any more and everybody rushes to sell before the price drops.  I predict there will be between one and five Bitcoin bubbles (price will double or more and then crash back down below the starting price) in the next four years .

So, is this the second 50% crash or am I missing one here?

Pirate intraday was about 50%, so I would say we currently have only one, from 2011.

Now, for this to really qualify as a crash, I would like to see a weekly red candle Smiley

As for -20% dips, this is the 6th in 35 days, so nothing new there.



member
Activity: 68
Merit: 10
hero member
Activity: 532
Merit: 500
https://plus.google.com/+mtgox/posts/EU58DrgstRt
Quote
Mt.Gox 5:35 AM  -  Public
Maintenance Over however we are now under a DDoS attack
newbie
Activity: 42
Merit: 0
Should I go in with 50$ if we hit 100$ zone? I am noob Cheesy

i wouldn't buy at either

why try to guess the direction of the market?
legendary
Activity: 2198
Merit: 1311
Not seen this in the thread yet, some excellent analysis of the correction today...

http://www.247btc.com/bitcoins/117/postmortem-of-a-bitcoin-crash-2013-04-10-and-the-secret-story-revealed-by-volume/



Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin.  This time I'm certain I won't be giving any bitcoins away.  This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good.  There's really only one way from here, and it's down.

Everyone, finally a signal that the dip is over, proudhon has spoken.


Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator.

Good luck.
newbie
Activity: 28
Merit: 0
Not seen this in the thread yet, some excellent analysis of the correction today...

http://www.247btc.com/bitcoins/117/postmortem-of-a-bitcoin-crash-2013-04-10-and-the-secret-story-revealed-by-volume/



Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin.  This time I'm certain I won't be giving any bitcoins away.  This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good.  There's really only one way from here, and it's down.

Everyone, finally a signal that the dip is over, proudhon has spoken.


Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator.
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
HOLD SPARTANS!
newbie
Activity: 25
Merit: 0
Not seen this in the thread yet, some excellent analysis of the correction today...

http://www.247btc.com/bitcoins/117/postmortem-of-a-bitcoin-crash-2013-04-10-and-the-secret-story-revealed-by-volume/



Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin.  This time I'm certain I won't be giving any bitcoins away.  This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good.  There's really only one way from here, and it's down.

Everyone, finally a signal that the dip is over, proudhon has spoken.
full member
Activity: 210
Merit: 100
Bitcoin will get mentioned someplace with lots of readers, a bunch of those readers will like the idea and try to buy Bitcoins, their price will rise which will draw even more people to "invest", which will drive the price up even more... until people decide that the price isn't going to rise any more and everybody rushes to sell before the price drops.  I predict there will be between one and five Bitcoin bubbles (price will double or more and then crash back down below the starting price) in the next four years .

So, is this the second 50% crash or am I missing one here?
zby
legendary
Activity: 1594
Merit: 1001
hero member
Activity: 602
Merit: 508
Should I go in with 50$ if we hit 100$ zone? I am noob Cheesy
legendary
Activity: 2198
Merit: 1311
Not seen this in the thread yet, some excellent analysis of the correction today...

http://www.247btc.com/bitcoins/117/postmortem-of-a-bitcoin-crash-2013-04-10-and-the-secret-story-revealed-by-volume/



Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?

If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin.  This time I'm certain I won't be giving any bitcoins away.  This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good.  There's really only one way from here, and it's down.
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