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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 21. (Read 1811563 times)

member
Activity: 98
Merit: 10
Sometimes - history needs a push.
I have had my fun if it never goes up no more.
I have had my fun if it never goes up no more
All of bitcoin is failing;
Lord it's going down slow
It's going down slow.
I tried to write Mt. Gox and tell them the shape it's in.
I tried to write Mt. Gox and tell them the shape it's in.
Tell them to stop lagging
And I'd forgive them for bitcoins devaluation
For all of it's devaluation
Onto the next exchange looking to minimize my losses.
Onto the next exchange looking to minimize my losses.
'Cause all of bitcoin is failing
Lord, it's going down slow,
It's going down slow.
All of bitcoin is failing
Lord, it's going down slow,
It's going down slow.
Feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
hero member
Activity: 798
Merit: 1000
Luckily for me I have a few thousand $ sitting spare.  I'll be spending it all today Smiley   I was a bit mad with myself that I didn't buy up more BTC a few months ago when the price was low.  Well, now's my chance.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
ok, someone stop this now, I don't want it to drop more Smiley

If only you would have said please.

screw that mate, just stop it Smiley
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
ok, someone stop this now, I don't want it to drop more Smiley

If only you would have said please.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
ok, someone stop this now, I don't want it to drop more Smiley
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
vip
Activity: 756
Merit: 503
Make it single digit.

Kthx!
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)

it wont be "rebounding"... look around, this is clearly the death of bitcoin.  Cool
Ah... the buy signal.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)

it wont be "rebounding"... look around, this is clearly the death of bitcoin.  Cool
full member
Activity: 210
Merit: 100

Yup, get out, BTC is worth $0 now, I am dumping everything!  It'll just keep going down to nothing.  Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook.  Bitcoin doesn't work anymore.

Imagine the headlines...

"Bitcoin goes to zero, no one really sure why"

"Entire Bitcoin economy evaporates in less than 2 weeks"

"Satoshi bails, declares Bitcoin 'all just a joke, I swear'"
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Not sure if you're all being serious.
Are you actually selling?

selling and buying, selling and buying etc... that protected my property for whole night but might be worth nothing if btc-e stays down for next hour or two.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Red bar after red bar after red bar... This isnt going to let up anytime soon.  Sub 50s this week easily.

Actually, so many red bars usually ends in capitulation and the start of a rally.  Look at historical charts.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
$5 by the end of the weekend, as I said before Smiley. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.

If you want to get out of the game, why would you do large dumps to induce panic selling thus costing yourself more money? Large coin dumps like this have been going on for years. It's the best way to create volatility.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)
full member
Activity: 236
Merit: 100
www.bitcoingem.com
Red bar after red bar after red bar... This isnt going to let up anytime soon.  Sub 50s this week easily.
legendary
Activity: 2198
Merit: 1311
Am I reading this chart right that someone just sold over 9000 bitcoins?

Not sure if it was 9000, but it was a shitload  Smiley

The only reason you dump that many coins at once is to drive the price down so you can re-buy at a lower price point. Someone with that many coins, isn't "panic selling".

It will probably spike back up and the process continues. =)

The other reason is that dumping the coins slowly would allow the price to go down, possibly costing more than it's worth. The big bidwalls are making panic selling easier.

Agreed. There's been a bunch of 3-4K coin dumps today. I find it hard to believe it's a whole bunch of big investors panic selling. If you wanted to force the price lower, 3-4K sells pushing the price down quickly, suckering in panic sellers, is pretty much the way to do it.

$5 by the end of the weekend, as I said before Smiley. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.

Yup, get out, BTC is worth $0 now, I am dumping everything!  It'll just keep going down to nothing.  Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook.  Bitcoin doesn't work anymore.

Given that bitcoin's value depends on trustworthy and functional contacts with the traditional banking system, yeah, it kinda doesn't work.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!

There's also quite a few people who aren't big investors, but also have that many coins. Someone on reddit hit over $1 million a couple weeks ago, with a fairly small initial investment. They planned on cashing out slowly.

Seeing a crash like this could easily lead someone to selling it all off at once.  

Yeah but it's happening all day long. They're really going to cash out with a 4k sell market order? I find it hard to believe that large dumps like that are just people freaking out.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
Not sure if you're all being serious.
Are you actually selling?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
btc-e, so reliable so far and dies in such moment Sad
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