Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 456. (Read 1811596 times)

legendary
Activity: 1025
Merit: 1000
Will it get:

A. bought
B. pulled
C. retreated from

My money is on A, before the west coast gets up.

I'm picking B, after it's nibbled on a bit. Although I must say, if the guy intends to pull it he must have nerves of steel letting it get this close
hero member
Activity: 784
Merit: 1000


I really hope this wall can stand for a while and cool things down a bit, at least let's rest for one or two days, so that the hourly SMA 200 can catch up. I am not holding my breath though.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Will it get:

A. bought
B. pulled
C. retreated from

My money is on A, before the west coast gets up.
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Evening in with a bucket of popcorn watching the Mt Gox ticker...
sr. member
Activity: 398
Merit: 250
...this is ridiculous Cheesy

legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
hero member
Activity: 826
Merit: 500
Crypto Somnium
sr. member
Activity: 316
Merit: 250
legendary
Activity: 1025
Merit: 1000
Half the wall at 70 just vanished

hero member
Activity: 784
Merit: 1000
It takes only 20-30 BTCs to go from $67-$67.67, all bears have now retreated into the castle, no one dares to stay out in the wild.
legendary
Activity: 1025
Merit: 1000
I wonder if someone will come along and buy up all the ask wall in one go again.

Pretty sure if it starts to get eaten into it'll get pulled. Usually the way it works with walls of that size. Only about 2500 to go until we find out  Smiley
legendary
Activity: 2097
Merit: 1070
I wonder if someone will come along and buy up all the ask wall in one go again.
legendary
Activity: 1025
Merit: 1000
legendary
Activity: 980
Merit: 1040
legendary
Activity: 1025
Merit: 1000
Creeping towards that wall....

full member
Activity: 212
Merit: 100
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
donator
Activity: 1722
Merit: 1036
new hands look strong enough not to sell anytime soon.

This. For all I know, the ones buying bitcoin now do it for long-term, and do it with a fraction of their wealth. These are strong hands.

It would be interesting to see the adaptation of bitcoin expressed as the following way:

The total wealth of people who have at least 1% of their total wealth (or $5000, whichever is smaller) in bitcoins.

I venture to think, this might be 100 or 1000 times bigger number now than during the top in 2011. Which means that the current holders command infinity more purchasing power than the holders in 2011. This makes stalling bitcoin's rise with a market operation stupidly difficult.
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