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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 31. (Read 1811564 times)

full member
Activity: 128
Merit: 107

Heh, yeah. When the price goes up, everyone rushes to buy. When the price grows down, everyone rushes to sell. When the price is kinda-sorta-doing nothing, nobody knows what the fuck to do.

hero member
Activity: 514
Merit: 500
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

I can't speak for gold and silver, but the problem with Bitcoin is its' users all consider themselves 1337 traders and aren't that interested in using it as a currency.
traders use it as a currency to buy $
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..


there have been mondays when it was very slow ..  
i think people are just sitting their waiting for the price to stabilize..   so Am I
if some big fish suddenly buys a lot.. all want back in ..
if some big fish massivly dumps coins.. all want to sell.. if they are still holding coins after the big (crash/correction).

but looking at trend over the year.. we are still in bullish trend..   in my oppinion  

i wanne buy.. but i need a big fish to start it up again Smiley there must be a lot of cash flowing.. all who sold at +200$ are sitting on massive fiat funds..

they can buy realy cheap now Wink hint hint hehe


Heh, yeah. When the price goes up, everyone rushes to buy. When the price grows down, everyone rushes to sell. When the price is kinda-sorta-doing nothing, nobody knows what the fuck to do.

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
How does the notion of a cargo cult apply here? 

you can't see it at all?  Huh



Cargo cult is imitating the actions of others in the belief that it will bring about circumstances that aren't linked to those actions. I think I see what's being got-at but I don't think it really applies. I'll have to read the buttcoin article later.
sr. member
Activity: 411
Merit: 250
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..


there have been mondays when it was very slow ..  
i think people are just sitting their waiting for the price to stabilize..   so Am I
if some big fish suddenly buys a lot.. all want back in ..
if some big fish massivly dumps coins.. all want to sell.. if they are still holding coins after the big (crash/correction).

but looking at trend over the year.. we are still in bullish trend..   in my oppinion  

i wanne buy.. but i need a big fish to start it up again Smiley there must be a lot of cash flowing.. all who sold at +200$ are sitting on massive fiat funds..

they can buy realy cheap now Wink hint hint hehe
hero member
Activity: 525
Merit: 500
..yeah
not gonna happen.
member
Activity: 70
Merit: 10
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..

I've been saying the Gox verification queue isn't a surefire indicator the price will go up. A lot of those people probably want to buy in BUT not at $90-100 when the price just dropped by 50% over the last few days. I expect we'll bottom out at $50-60 soon.

I agree. I held my BTC that use for speculating just to see what would happen today. I sold at 96 and waiting for bottom to buy in again.

People see it was under 60 in weekend, waiting for same dip.. or lower
sr. member
Activity: 406
Merit: 250
more likely gold and silver was horribly over priced compared to what it actually cost to bring it out of the ground and sell it.
eventually miners caught up to demand as well as buyers decided they no longer desired to have as much.

nah they're just being manipulated to fulfil some short orders and will recover soon.
member
Activity: 224
Merit: 10
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..

I've been saying the Gox verification queue isn't a surefire indicator the price will go up. A lot of those people probably want to buy in BUT not at $90-100 when the price just dropped by 50% over the last few days. I expect we'll bottom out at $50-60 soon.

I agree. I held my BTC that use for speculating just to see what would happen today. I sold at 96 and waiting for bottom to buy in again.
hero member
Activity: 840
Merit: 1000
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..

I've been saying the Gox verification queue isn't a surefire indicator the price will go up. A lot of those people probably want to buy in BUT not at $90-100 when the price just dropped by 50% over the last few days. I expect we'll bottom out at $50-60 soon.
legendary
Activity: 1904
Merit: 1002
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

Tons: https://bitcointalksearch.org/topic/gold-collapsing-bitcoin-up-68655
legendary
Activity: 2097
Merit: 1070
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..

I think people see falling prices so unless they're going to trade the swings they will wait for it to bottom out before buying.
member
Activity: 112
Merit: 10
How does the notion of a cargo cult apply here? 

you can't see it at all?  Huh

legendary
Activity: 2097
Merit: 1070
they're doing pretty good with lag, max 7 seconds and it went down in one.

I saw 20 seconds at one point on the IRC. It didn't last long though.

[00:36] BTCUSD ticker | Best bid: 91.55000, Best ask: 92.00000, Bid-ask spread: 0.45000, Last trade: 92.00000, 24 hour volume: 150121.79836125, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.43328
[00:38] MtGox lag is 19.233831 seconds.
[00:39] MtGox lag is 20.502757 seconds.
[00:39] MtGox lag is 1.515664 seconds.
[00:39] BTCUSD ticker | Best bid: 89.16000, Best ask: 89.30000, Bid-ask spread: 0.14000, Last trade: 89.30000, 24 hour volume: 154654.33890230, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.30519
[00:44] BTCUSD ticker | Best bid: 89.00000, Best ask: 90.00000, Bid-ask spread: 1.00000, Last trade: 90.00000, 24 hour volume: 157349.67463144, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.20760
member
Activity: 224
Merit: 10
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..
legendary
Activity: 2072
Merit: 1001
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

more likely gold and silver was horribly over priced compared to what it actually cost to bring it out of the ground and sell it.
eventually miners caught up to demand as well as buyers decided they no longer desired to have as much.
full member
Activity: 238
Merit: 100
In Gord We Trust
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

also, didn't you hear, the central banks all decided to stop debasing the currencies
You mean we can start trusting fiat again? xD

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

I can't speak for gold and silver, but the problem with Bitcoin is its' users all consider themselves 1337 traders and aren't that interested in using it as a currency.

I suspect that a number of gold and silver types also consider themselves 1337, just spelled differently.
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

also, didn't you hear, the central banks all decided to stop debasing the currencies
hero member
Activity: 1302
Merit: 502
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

I can't speak for gold and silver, but the problem with Bitcoin is its' users all consider themselves 1337 traders and aren't that interested in using it as a currency.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin
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