Topic: Wall Observer - MtGoxUSD wall movement tracker - page 341. (Read 1811612 times)
other exchanges are over $100 mark. stop selling your coins at a discount to this manipulator.
Approach $94 and receive the smack down.
It does seem that $94 hold some sort of significance for bears. Looking at the building pressure below 90 it looks like 94 will fall sooner than later though.
Mm, gox lag picking up. Prelude to...something? Hamsters switching shifts?
Oh, so MtGox did upgrade from one hamster then? That should improve things at least a little bit.
Yes, but they are being forced to work 12 hour shifts with no food and no bathroom breaks due to lack of funding. Please help the poor hamsters and donate today.
Approach $94 and receive the smack down.
It does seem that $94 hold some sort of significance for bears. Looking at the building pressure below 90 it looks like 94 will fall sooner than later though.
Mm, gox lag picking up. Prelude to...something? Hamsters switching shifts?
Oh, so MtGox did upgrade from one hamster then? That should improve things at least a little bit.
Mm, gox lag picking up. Prelude to...something? Hamsters switching shifts?
some idiotic bear keeps selling right after huge buys... I don't get it at all
Could be someone buying their own asks to cool the market, induce others to sell to him a bit lower. This sort of thing would be illegal I am sure in equity markets, but there is nothing to stop someone from doing this in the wild west of MtGox.
some idiotic bear keeps selling right after huge buys... I don't get it at all
Actually maybe conservative bulls closing out their margin positions.
some idiotic bear keeps selling right after huge buys... I don't get it at all
Aww looks like the command post was deleted.
Anyway, Buy ALL the Bitcoins!
Or wait, we just need some deals going down and they can you know, base the game on a transaction on a true story. Metal Gear Solid VI: Wall-Eater.
Anyway, Buy ALL the Bitcoins!
Or wait, we just need some deals going down and they can you know, base the game on a transaction on a true story. Metal Gear Solid VI: Wall-Eater.
Yup, I just saw the 2K wall-eater buy transaction 
More wall pics? Sure.
The bull run is starting early this week
Also, listentobitcoin is pretty neat. Didn't see that huge buy ping on it though.
The bull run is starting early this week
Also, listentobitcoin is pretty neat. Didn't see that huge buy ping on it though.
Is all technical analysis a waste of time then?
Yes
This is very much true, especially considering Bitcoin.
Technical Analysis is based on the assumption that all information regarding a certain asset is available in the market. The price of the asset is the optimal outcome of supply and demand and therefore all the information is reflected in the current and past price and things like volume traded.
In case of Bitcoin there is a huge asymmetry of information. If today everybody in the world who would at any time consider participating in this market knew not only of it's existence, but also profoundly understood the concept and all it's details, Bitcoin would trade for at least $100k right now. That is why it is considered impossible to consistently beat the market, unless you have a very long lucky streak.
Fortunately, information isn't always spread evenly so opportunities to make money do exist, think for example of insider trading, or investing as a venture capitalist in startups. All of us here are extremely lucky to have been presented the opportunity of knowing and understanding Bitcoin before the rest of the world finds out, because Bitcoin is probably going to be the most important startup in the history of capitalism. Investing in Bitcoin truly is the trade of the century.
Guys. This graphic best describes the situation. TA is great for short-term trading, FA is needed for long-term analysis. The future of Bitcoin 2 years out must be based upon projection of fundamentals (if you can even guess them all).
I agree with what user "David M" once said, when the price makes a new high, every technical analysis/trend becomes invalidated, you have to start all over again.
Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
What if Bitcoin itself is some elaborate april fool staged by an anonymous nerd back in 2009?
Only he happened to be a very talented developer and his creation got a life of it's own?
However I wonder if Satoshi has thousands of BTC locked in multiple brain wallets
And cashed it all in On April 1st. This would be more plausible 
Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
What if Bitcoin itself is some elaborate april fool staged by an anonymous nerd back in 2009?
Only he happened to be a very talented developer and his creation got a life of it's own?
Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
Would you care?
Yes, infact I'd be alarmed, seeing as I'm hoping for it to get to a certain valuation before I can cash out and buy a few big ticket items (for me, at least).
Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
Would you care?
Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
They do have a holiday on Monday in Europe but I believe the Japanese banks are open tomorrow (today in Japan) so there will be new money arriving into MtGox very soon assuming it was sent Thursday / Friday.
On that topic: The banking hours in Japan should already have begun.
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