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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 421. (Read 1811596 times)

donator
Activity: 1722
Merit: 1036
New walls at 73 and 75. I look forward to a time when there is enough money on the market the the wall makers will be too fearful to do this crap anymore.

Actually the walls serve an economic purpose of transferring big amounts of BTC from weak (overallocation in BTC) to strong (new entrants) hands. If all the BTC would be sold to small investors only, the market would develop in a nonsolid way. There needs to be old world big money buying large stashes of BTC and this is what the walls are for.
newbie
Activity: 46
Merit: 0
Shrewd Finn. I would not feel safe sending large amount of my money to Slovenia or Russia.
But Poland is ok?  Wink
legendary
Activity: 840
Merit: 1000
New walls at 73 and 75. I look forward to a time when there is enough money on the market the the wall makers will be too fearful to do this crap anymore.
hero member
Activity: 784
Merit: 1000
Bull trap.

Yeah, the whole so-called rally from $7 to $70 was just one massive bulltrap we set up for you! We are gonna dig it even deeper, we'll ruse you to rush to $7000 and totally beat you up there, take that bulls! Cheesy
hero member
Activity: 518
Merit: 500
Bull trap.

No, Friday was just an Alpaca trap.
hero member
Activity: 527
Merit: 500
Take this, weekend dip! Grin
sr. member
Activity: 434
Merit: 251
Just thought I would post leave that here :

Looking back at spring of 2011. A time where more and more people where discovering bitcoin. Retrospectively the beginning of a big bubble.

Look similar ? See how this hanging man ended.



(http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyzczsg2011-04-11zeg2011-05-02ztgSzbgBza1gSMAzm1g15za2gSMAzm2g30zi1gVolzi2gMACDzi3gRSIzi4gAccDistzcv)




(http://bitcoincharts.com/charts/mtgoxUSD#rg30zigWeeklyztgSza1gSMAzm1g15za2gSMAzm2g30zi1gVolzi2gMACDzi3gRSIzi4gAccDistzcv)

Similar indeed  Wink

legendary
Activity: 2198
Merit: 1311
Bull trap.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
whoa... is it...

a Sunday rally? Grin
sr. member
Activity: 374
Merit: 250
Tune in to Neocash Radio
And this: https://support.mtgox.com/entries/20490576-Withdrawals-and-Deposits

and this :https://support.mtgox.com/entries/21503347-New-AML-Policy-for-all-Dwolla-users

Quote

Wire: If you plan to send more than 50000 USD as an International Wire, we need to know who you are. Please refer to the "Increasing Transaction Limits" section for more information on what to provide us with. Also, you will need to let us know 3 days prior to sending the funds so we can notify our bank and do not send. Please note that we are unable to accept funds coming from any entity or country listed by the OFAC*


The OFAC document is over 500 pages!!!  
http://www.treasury.gov/ofac/downloads/t11sdn.pdf

That's a lot of reading to figure out if you can do business at mtgox.  



full member
Activity: 280
Merit: 102
And away we goes....
hero member
Activity: 518
Merit: 500
The panic buy back continues.

The 1 coin I bought on Friday morning has broken even again Cheesy
hero member
Activity: 784
Merit: 1000
And this: https://support.mtgox.com/entries/20490576-Withdrawals-and-Deposits

and this :https://support.mtgox.com/entries/21503347-New-AML-Policy-for-all-Dwolla-users

Quote

Wire: If you plan to send more than 50000 USD as an International Wire, we need to know who you are. Please refer to the "Increasing Transaction Limits" section for more information on what to provide us with. Also, you will need to let us know 3 days prior to sending the funds so we can notify our bank and do not send. Please note that we are unable to accept funds coming from any entity or country listed by the OFAC*


Meanwhile in Bitstamp,

Quote from: Bitstamp Support
Dear Risto,

Thank you for contacting us.

Yes your account is verified and it is ok to send any amount in one transfer.


Shrewd Finn. I would not feel safe sending large amount of my money to Slovenia or Russia.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire




Then and now...

notice the subtle difference in gradient at the beginning.

Well, looks like it didn't matter Smiley
donator
Activity: 1722
Merit: 1036
And this: https://support.mtgox.com/entries/20490576-Withdrawals-and-Deposits

and this :https://support.mtgox.com/entries/21503347-New-AML-Policy-for-all-Dwolla-users

Quote

Wire: If you plan to send more than 50000 USD as an International Wire, we need to know who you are. Please refer to the "Increasing Transaction Limits" section for more information on what to provide us with. Also, you will need to let us know 3 days prior to sending the funds so we can notify our bank and do not send. Please note that we are unable to accept funds coming from any entity or country listed by the OFAC*


Meanwhile in Bitstamp,

Quote from: Bitstamp Support
Dear Risto,

Thank you for contacting us.

Yes your account is verified and it is ok to send any amount in one transfer.
vip
Activity: 756
Merit: 503
We might crash all the way down to $99  Cheesy
member
Activity: 158
Merit: 10
I have a good feeling about this week.  Grin
did you cross your fingers?
hero member
Activity: 784
Merit: 1000
MagicalTux said the staff is preparing the new financial report, any guess on the amount of fiats on Gox? I am very certain it's on the order of hundreds of millions of dollars.

seems like a high guestimate but maybe right

https://mtgox.com/press_release_20120831.html here is the report at the end of the August of 2012, in that August alone, Gox received about $ 5M in all currencies, of course the withdrawal was also high at about $3.5 M, but keep in mind that that month we had a major crash, and I think it's probably one man doing it(maybe pirate, who knows) as both EUR and GBP withdrawal volume took up a much smaller portion of the transferred volume than the USD, and in the first eight months of 2012, nearly $ 50M of fiats were transferred. Now, after seeing this unprecedented rally of the last months, I would say the amount of fiats stored on Gox must be much much higher than it was then, and hundreds of millions of dollars is a very reasonable estimate.
sr. member
Activity: 252
Merit: 250
Hey, send a Satoshi to him:
https://bitcointalksearch.org/topic/m.1667011

I'd like to see some illustrations for our thread  Grin
hero member
Activity: 784
Merit: 1000
MagicalTux said the staff is preparing the new financial report, any guess on the amount of fiats on Gox? I am very certain it's on the order of hundreds of millions of dollars.
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