Topic: Wall Observer - MtGoxUSD wall movement tracker - page 314. (Read 1811613 times)
Tear down that $120 wall!
2,477.113*
http://bitcoincharts.com/markets/
You'd better check here. The time zone used on the BTCChina site is different so it's not comparable.
The BTCChina price tends to track Gox movement fairly reliably -- it has run-ups then holds waiting for Gox to catch up. The second Gox starts to fall, people sell on BTCChina.
It's easy to arbitrage the gap sometimes.
The graph on the homepage is a little gimped -- it swallows up sharp drops and rises.
Most of the money right now in China is speculative, predicated on global demand going up. But there is a huge potential market of murky money looking to escape China's tight regulatory controls. I think some of the run-ups like we're seeing now are due to that.
I'm working on my own Bitcoin project for China, hope to release it in a few days.
Who's making all this "USD" and buying our bitcoins??? is their "USD" really worth a bitcoin!!!!?
!?!?!?!
!?!?!?!
Looks like we are going to hit $140 tomorrow! Nuts!
119 has arrived! 
2,477.113*
http://bitcoincharts.com/markets/
You'd better check here. The time zone used on the BTCChina site is different so it's not comparable.
2,477.113*
Whats the volume on btcchina? Can't seem to find it, I have it on english, but half the site is still in chinese...
2,284.571
Whats the volume on btcchina? Can't seem to find it, I have it on english, but half the site is still in chinese...
Yesterday the high at BTC China was $113... for the past couple weeks Gox has been following BTC China a day later. I just cant image Gox hitting $137 tomorrow without a big sell off.
Ridiculously wealthy tycoons with high business acumen+lack of investment options+no confidence in government-backed financial system=high bitcoin price in China.
Hmmmm....I don't think so.Check out the issue of government control on spending limits for Chinese citizens and gambling in Macau=Higher BTC pricing.
Well, actually it's very easy to obtain dollars for gambling, people here don't do things by the book.
Ridiculously wealthy tycoons with high business acumen+lack of investment options+no confidence in government-backed financial system=high bitcoin price in China.
Hmmmm....I don't think so.Check out the issue of government control on spending limits for Chinese citizens and gambling in Macau=Higher BTC pricing.
BTC China now at $137
China goin' crazy for them bitcoins.
Ridiculously wealthy tycoons with high business acumen+lack of investment options+no confidence in government-backed financial system=high bitcoin price in China.
BTC China now at $137
China goin' crazy for them bitcoins.
BTC China now at $137
Of course, as I'm getting ready to unwind and head off to bed, the price starts to go up 
Thread is lagging bad! 890 vs. 1180. POST POST POST!
oakpacific, can you explain that?
He is saying a rather large chunk of 'older' or 'not moved in a long while' coins just made a move somewhere. Maybe it heads for the exchange or not, no one can say.
If we assume that these coins are the minimum age for that graph (exactly 1 year old), then we can do 16,000,000 days destroyed / 365 days = 43.8k coins moved!
If 43k BTC get dumped all at once, it would drop the price down to ~$85.
Bring on the fire sale!
Though not sure whose coins these really are, the total amount should be no more than 40K, probably around 30K sans all the noise. Unlikely to crash the market even if all dumped, and amplified by a factor of 2 through some panic selling.
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