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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 32. (Read 1811564 times)

legendary
Activity: 2772
Merit: 1028
Duelbits.com
they're doing pretty good with lag, max 7 seconds and it went down in one.
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?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
All I see in the graphs above ^ is a spring coiling. Once released price will surge upwards.  Cheesy

It's called plastic deformation under heat.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
All I see in the graphs above ^ is a spring coiling. Once released price will surge upwards.  Cheesy
sr. member
Activity: 411
Merit: 250


hehe people wonder why walls are put up to drive price down..

look at mac cd  Smiley iz gonne blow .. to the heavens..  and beyond
hero member
Activity: 686
Merit: 501
Stephen Reed
I am getting a whiff of capitulation in that big drop from 94 down to 88.

Lots more of that with the six months to come I think.
legendary
Activity: 1176
Merit: 1001
newbie
Activity: 18
Merit: 0
How does the notion of a cargo cult apply here? 
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

Nah, I don't think so. But the end of gox and hopefully the end of the cargo cult.
Bitcoin doesn't need them to survive.
Finally someone quoting the cargo cult when refering to bitcoin exchanges! Because it is exactly how most exchanges are built, a cargo cult

I read the cargo-cult wiki, but don't get the reference in context of exchanges.
Someone care to enlighten me?

Ente

It's the whole "big finance" attitude that is being parroted, without recognizing what the practical use of BTC really is. All those types pretending to be on wall-street and such, it goes deeper than that... you can read more about it here: http://buttcoin.org/the-cargo-cult-of-bitcoin

It's written a little with a tongue in cheek attitude, but there is some ultimate truth to it.
member
Activity: 98
Merit: 10
It's the muffins that must be stopped.

$100 is the new $5
$99 is the new $5
$98 is the new $5
$97 is the new $5

Cool
member
Activity: 115
Merit: 10
That wall is taking a beating!!
legendary
Activity: 2126
Merit: 1001
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

Nah, I don't think so. But the end of gox and hopefully the end of the cargo cult.
Bitcoin doesn't need them to survive.
Finally someone quoting the cargo cult when refering to bitcoin exchanges! Because it is exactly how most exchanges are built, a cargo cult

I read the cargo-cult wiki, but don't get the reference in context of exchanges.
Someone care to enlighten me?

Ente
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
You can feel depression setting in, people are so irrational... soon it will be time to capitalize on the fear   Cool


 Roll Eyes **wonders just how low it will go

Once they panic.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

Nah, I don't think so. But the end of gox and hopefully the end of the cargo cult.
Bitcoin doesn't need them to survive.
Finally someone quoting the cargo cult when refering to bitcoin exchanges! Because it is exactly how most exchanges are built, a cargo cult
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
You can feel depression setting in, people are so irrational... keep sucking GOX, soon it will be time to capitalize on the fear   Cool


 Roll Eyes **wonders just how low it will go
member
Activity: 70
Merit: 10
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

yes ;(  it can be HUGE amount the need pay the next weeks
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

Nah, I don't think so. But the end of gox and hopefully the end of the cargo cult.
Bitcoin doesn't need them to survive.
legendary
Activity: 2324
Merit: 1125
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

Of course that wouldn't be the end of Bitcoin Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Verification queue is at 28,300 as of right now, if anyone is interested.

Lots of people want their fiat out of gox. Most will wait with selling till they can withdraw so their funds aren't locked.

WeAreMtGox:

How many new accounts are you getting at the moment?

Before the DDOS 20000 day.

How long is the verification queue?

We currently have a 2-week backlog.

Is the verification queue mainly new accounts?

95% are new accounts


SOURCE: http://www.reddit.com/r/Bitcoin/comments/1c7ahh/we_are_mt_gox_ama/c9dpsc9

oh oh
I should buy back the coins I shorted

everyone (ok almost everyone) is making big money in this market.... so its best to live dangerously, let the bears have their moment  Wink
hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin
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