Wall Observer - MtGoxUSD wall movement tracker - page 359.

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: 420 on March 28, 2013, 06:35:26 PM

Quote from: jzcjca00 on March 28, 2013, 06:29:37 PM

Quote from: Stapleddiet on March 28, 2013, 05:51:48 PM

I hope someone comes along soon and takes the market off them with all the trimmings a big exchange needs for the upcoming big players, Trade Hill maybe?

The other thing we need is an easier way for new U.S. investors to get started. Coinbase would be a great service if it worked. All they ever say is, "Sorry, Coinbase has reached its maximum number of bitcoin purchases for the moment. Please try again later. We'll continue raising this limit over time." If your're willing to keep trying the button hour after hour, they might eventually allow you to buy 10 BTC per day. Whoopee.

Sending international wire transfers to Japan is too expensive, both in time and money. Dwolla takes forever to set up, limits the size of your transfers, and is down today due to Dos attack. Other services seem to charge ridiculous fees, if they accept USD at all.

Why all the entry barriers?

I've been trying to buy bitcoins for weeks with very limited luck. Can someone tell me a good way to get USD to some exchange where I can actually buy some serious bitcoin?

One thing that's stopping the growth of Bitcoin is how difficult it is to actually buy them!

http://LocalBitcoins.com

Don't get me wrong I like and use LB and even use the sell prices to calculate the value of my current holding including slippage were I to lock prices then take a day driving around London cashing out!

But at times like this flash crash it's not so good. I just tried to buy 20btc for my brother for GBP after he failed after finding blockchain.info/pingit is down and he couldn't get his head around LB himself. Then after that by the time I'd found my first choice was actually out of coin the price the opportunity had gone within the price range he wanted to pay . In the UK the problem is even worse than the States I think!

Yet despite all this enough buying pressure is getting through to the markets for this phenomenal growth. Surely that tells us something!

samson

legendary

Activity: 2097

Merit: 1070

Quote from: Mushoz on March 28, 2013, 06:26:20 PM

Quote from: samson on March 28, 2013, 06:07:47 PM

Quote from: camolist on March 28, 2013, 05:58:32 PM

Quote from: adamstgBit on March 28, 2013, 05:56:38 PM

so this is it right, the last drop b4 we bust up and over 100$ Grin

wait. i feel like i should be joining the sellers after reading that

Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy.

I have a feeling we could be in the $70's again before the $90's

Nope, you're wrong. 90$ again.

You're right ! Seems a little too fast to me.

420

hero member

Activity: 756

Merit: 500

Quote from: jzcjca00 on March 28, 2013, 06:29:37 PM

Quote from: Stapleddiet on March 28, 2013, 05:51:48 PM

I hope someone comes along soon and takes the market off them with all the trimmings a big exchange needs for the upcoming big players, Trade Hill maybe?

The other thing we need is an easier way for new U.S. investors to get started. Coinbase would be a great service if it worked. All they ever say is, "Sorry, Coinbase has reached its maximum number of bitcoin purchases for the moment. Please try again later. We'll continue raising this limit over time." If your're willing to keep trying the button hour after hour, they might eventually allow you to buy 10 BTC per day. Whoopee.

Sending international wire transfers to Japan is too expensive, both in time and money. Dwolla takes forever to set up, limits the size of your transfers, and is down today due to Dos attack. Other services seem to charge ridiculous fees, if they accept USD at all.

Why all the entry barriers?

I've been trying to buy bitcoins for weeks with very limited luck. Can someone tell me a good way to get USD to some exchange where I can actually buy some serious bitcoin?

One thing that's stopping the growth of Bitcoin is how difficult it is to actually buy them!

http://LocalBitcoins.com

mccorvic

hero member

Activity: 518

Merit: 500

Dear bears: Thanks for wasting everyone's time!

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: BitcoinTip on March 28, 2013, 05:37:47 PM

I can't believe you idiots are so shortsighted.

That was just the orderve. The main course is tomorrow

So seeing as the insults are still flying but no explanation let me ask:

If the holders of Bitcoin who believe it to be worthless (or worth much less for the foreseeable future) have just been holding on till they think it has peaked before profiting and getting out won't they have just done that now? If they did my guess is they wouldn't have been the first with the buy-back-in trigger when there were others amused at the dagger waiting to play catch. So who is left with masses of coins ready to drive it down? Don't try and tell me it was early adopters because far as I can tell they wouldn't have adopted early had they not believed this had some potential - and if what's going on now isn't re-affirming that then I don't know what will. So with so many people apparently ready to have a laugh at the daggers and take advantage of them to buy back in (or to buy more) then please give me an example of the thinking of these holders of masses of coins who are going to take it as low as you believe?

Rampion

legendary

Activity: 1148

Merit: 1018

Guys, come on. We will have flash crashes when big players cash part of their stash out and small timers panic sell... But this is going UP UP UP in the mid and long term. I mean, have you seen the insane amount of fiat is pouring into the exchanges? Don't you see bitcointalk.org or reddit are having their higher quantity of online users ever? Don't you see how more people of the streets is slowly hearing about bitcoin and understanding it?

Bullish signs EVERYWHERE

keewee

legendary

Activity: 1025

Merit: 1000

Aaaaand back to 90

jzcjca00

sr. member

Activity: 263

Merit: 250

Quote from: Stapleddiet on March 28, 2013, 05:51:48 PM

I hope someone comes along soon and takes the market off them with all the trimmings a big exchange needs for the upcoming big players, Trade Hill maybe?

The other thing we need is an easier way for new U.S. investors to get started. Coinbase would be a great service if it worked. All they ever say is, "Sorry, Coinbase has reached its maximum number of bitcoin purchases for the moment. Please try again later. We'll continue raising this limit over time." If your're willing to keep trying the button hour after hour, they might eventually allow you to buy 10 BTC per day. Whoopee.

Sending international wire transfers to Japan is too expensive, both in time and money. Dwolla takes forever to set up, limits the size of your transfers, and is down today due to Dos attack. Other services seem to charge ridiculous fees, if they accept USD at all.

Why all the entry barriers?

I've been trying to buy bitcoins for weeks with very limited luck. Can someone tell me a good way to get USD to some exchange where I can actually buy some serious bitcoin?

One thing that's stopping the growth of Bitcoin is how difficult it is to actually buy them!

Zomdifros

full member

Activity: 210

Merit: 100

Quote from: samson on March 28, 2013, 06:13:31 PM

Quote from: Zomdifros on March 28, 2013, 06:10:53 PM

I'm guessing Coinlab.

Does Coinlab have a proper order book where you can place bids and asks or do they just sell at the market rate ?

As far as I know their service has yet to start, but I'm quite sure it will be with a bid/ask order book as without it, it's pretty darn difficult to establish a fair price.

More on Coinlab here: http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal/ and here: http://coinlab.com/status

They are delayed but it looks promising. This should be the solution to the whole MtGox issue.

Jaques

member

Activity: 112

Merit: 10

Quote from: thoughtfan on March 28, 2013, 06:21:52 PM

Quote from: Jaques on March 28, 2013, 06:17:49 PM

seemingly all back to normal
10M$ bid vs 76K ask ...

Normal? The bottom of my MtGox Live chart is looking like a child scribbled all over it with crayon! Wink

i only meant the relation usd-bid/btc-ask
and as for the price action i am afraid to say it looks like the "normal" dip seen in btc every when and then latly ...
am i wrong?

edit: but you are right, it looks just "awesome" ... lol

Mushoz

hero member

Activity: 686

Merit: 500

Bitbuy

Quote from: samson on March 28, 2013, 06:07:47 PM

Quote from: camolist on March 28, 2013, 05:58:32 PM

Quote from: adamstgBit on March 28, 2013, 05:56:38 PM

so this is it right, the last drop b4 we bust up and over 100$ Grin

wait. i feel like i should be joining the sellers after reading that

Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy.

I have a feeling we could be in the $70's again before the $90's

Nope, you're wrong. 90$ again.

The-Real-Link

hero member

Activity: 533

Merit: 500

Quote from: jojo69 on March 28, 2013, 06:04:16 PM

wall street seems to manage it

That's the point. Hopefully they'll fix it soon enough.

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: shad0wbitz on March 28, 2013, 05:46:14 PM

Quote from: Jaques on March 28, 2013, 05:45:10 PM

absolutly crazy!
happy i learned my lessons in other makets before entering here ...
actually one should not operate as a trader in market as crazy as this one
but it¡s fun! and much better than television ... lol

edit: looks like tings are back to normal
no more crazy sales below actual bids ...
for the moment, psh!

Bitcoin is going up faster than a diver's fart Cheesy

WEEEEEEE!!!!

Awesomest quote of the day for me thank you - just SMSd it to my diving brother!

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: Jaques on March 28, 2013, 06:17:49 PM

seemingly all back to normal
10M$ bid vs 76K ask ...

Normal? The bottom of my MtGox Live chart is looking like a child scribbled all over it with crayon! Wink

Jaques

member

Activity: 112

Merit: 10

seemingly all back to normal
10M$ bid vs 76K ask ...

chriswen

hero member

Activity: 756

Merit: 500

Bull trap or bear trap?

samson

legendary

Activity: 2097

Merit: 1070

Quote from: Zomdifros on March 28, 2013, 06:10:53 PM

I'm guessing Coinlab.

Does Coinlab have a proper order book where you can place bids and asks or do they just sell at the market rate ?

Zomdifros

full member

Activity: 210

Merit: 100

Quote from: molecular on March 28, 2013, 05:46:22 PM

Quote from: LanYu on March 28, 2013, 05:41:43 PM

It appears that the market just gets a bit scared of heights sometimes

those are true words, man. that's the only things holding bitcoin back: disbelief. Disbelief that it can really be what it promises to be: one hard liquid world money.

Exactly. Bitcoins are worth far more than people are selling them for right now, simply because somehow, we don't want things to go too fast for our mind to grasp it.

Quote from: Stapleddiet on March 28, 2013, 05:51:48 PM

I cant understand how gox has not done anything to fix this ancient lag problem, jeebers H the amount of money they are loosing by not fixing the problem has to be massive. What a joke they are (i have used them because they have the liquidity I need, I am now waiting for better before I trade again).
I hope someone comes along soon and takes the market off them with all the trimmings a big exchange needs for the upcoming big players, Trade Hill maybe?

I'm guessing Coinlab.

Herodes

hero member

Activity: 868

Merit: 1000

Quote from: samson on March 28, 2013, 06:07:47 PM

Quote from: camolist on March 28, 2013, 05:58:32 PM

Quote from: adamstgBit on March 28, 2013, 05:56:38 PM

so this is it right, the last drop b4 we bust up and over 100$ Grin

wait. i feel like i should be joining the sellers after reading that

Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy.

I have a feeling we could be in the $70's again before the $90's

Gox is working on a new and enhanced trading engine, once that's rolled out - everythign is going to be faster I would think. Mark wrote it in one of his posts, heck his posting history (MagicalTux).

samson

legendary

Activity: 2097

Merit: 1070

Quote from: camolist on March 28, 2013, 05:58:32 PM

Quote from: adamstgBit on March 28, 2013, 05:56:38 PM

so this is it right, the last drop b4 we bust up and over 100$ Grin

wait. i feel like i should be joining the sellers after reading that

Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy.

I have a feeling we could be in the $70's again before the $90's

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 359. (Read 1811607 times)