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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 485. (Read 1811605 times)

legendary
Activity: 1025
Merit: 1000
$52.9631, the new highs don't stop coming  Smiley

I wonder what today will bring.

Tuesday and Wednesday have been the big trading days for new money arriving on exchanges.

It's a Bank holiday in Japan tomorrow, Wednesday the 20th of March so I guess no wires will arrive tomorrow but today could go crazy.

Not that there is any shortage of money on the exchange already. I'm guessing we'll easily hit $55, but $60? Not sure

9800 BTC buys pretty much all the asks apart from the crazy ones (at the moment) above $100.

Bear in mind that these are just the btc visible on the order book. There'll be a shitload more on there ready to be dumped at any time
hero member
Activity: 784
Merit: 506


All this trading activity (including yesterday being 7th all time high USD volume) and it has not touched the total Bids whilst almost halving the Asks!
legendary
Activity: 2097
Merit: 1070
$52.9631, the new highs don't stop coming  Smiley

I wonder what today will bring.

Tuesday and Wednesday have been the big trading days for new money arriving on exchanges.

It's a Bank holiday in Japan tomorrow, Wednesday the 20th of March so I guess no wires will arrive tomorrow but today could go crazy.

Not that there is any shortage of money on the exchange already. I'm guessing we'll easily hit $55, but $60? Not sure

9800 BTC buys pretty much all the asks apart from the crazy ones (at the moment) above $100.
legendary
Activity: 1025
Merit: 1000
There goes $53, and there's not much between here and $55
hero member
Activity: 533
Merit: 500
legendary
Activity: 1025
Merit: 1000
$52.9631, the new highs don't stop coming  Smiley

I wonder what today will bring.

Tuesday and Wednesday have been the big trading days for new money arriving on exchanges.

It's a Bank holiday in Japan tomorrow, Wednesday the 20th of March so I guess no wires will arrive tomorrow but today could go crazy.

Not that there is any shortage of money on the exchange already. I'm guessing we'll easily hit $55, but $60? Not sure
hero member
Activity: 784
Merit: 506
legendary
Activity: 2097
Merit: 1070
$52.9631, the new highs don't stop coming  Smiley

I wonder what today will bring.

Tuesday and Wednesday have been the big trading days for new money arriving on exchanges.

It's a Bank holiday in Japan tomorrow, Wednesday the 20th of March so I guess no wires will arrive tomorrow but today could go crazy.
legendary
Activity: 1025
Merit: 1000
$52.9631, the new highs don't stop coming  Smiley

legendary
Activity: 2097
Merit: 1070
Thank you for pointing out there are +/- buttons on bitcoinity, didn't notice before.

P.S.: Parliament of Cyprus announced it will not agree to haircut affecting all bank accounts.

None of these people will think twice about getting all their money out of Cyprus as soon as they can.

My recommendation to them would be to open a Bitcoin Central account, have it quickly and easily verified by sending in a scan of your passport by email, then wire the money.

Job done. Even if you just leave it there as Euro it's outside the system. You don't even need to buy any BTC but I would.
hero member
Activity: 826
Merit: 500
Crypto Somnium
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Thank you for pointing out there are +/- buttons on bitcoinity, didn't notice before.

P.S.: Parliament of Cyprus announced it will not agree to haircut affecting all bank accounts.

The damage has already been done -- money is going to leak out of EU bank accounts faster than puss from a lanced boil.
newbie
Activity: 28
Merit: 0
Thank you for pointing out there are +/- buttons on bitcoinity, didn't notice before.

P.S.: Parliament of Cyprus announced it will not agree to haircut affecting all bank accounts.
member
Activity: 92
Merit: 10
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
52.26 preev

hahahaha fucking great avatar
legendary
Activity: 1820
Merit: 1000
Huh? There is much less depth on the ask side. That's the important side for a rally. When I buy coins, I want the best deal available. Wink

You and everyone else. What happens when it doesn't fill in? This happened on the way up to the $40's. It gets thin sometimes.

Pause buying.

You do, but not the unwashed masses who just heard about it.

Actually I don't. I was just referring to the general trend over the past few months. Run up, then pause. I assume the pause is to allow depth to fill in.

In terms of the daily chart, the pattern has been that we wait for the 10 day EMA to catch up before the next leg higher. Notice that today the 10 day caught up, and we launched right off it. This pattern won't hold forever of course, but it's been reliable so far.

http://bitcoincharts.com/charts/mtgoxUSD#rg90ztgSza1gEMAzm1g10zm2g25zv
hero member
Activity: 1302
Merit: 502
Huh? There is much less depth on the ask side. That's the important side for a rally. When I buy coins, I want the best deal available. Wink

You and everyone else. What happens when it doesn't fill in? This happened on the way up to the $40's. It gets thin sometimes.

Pause buying.

You do, but not the unwashed masses who just heard about it.

Actually I don't. I was just referring to the general trend over the past few months. Run up, then pause. I assume the pause is to allow depth to fill in.

I see, I'm mostly just feeling like it's going to be one of those mornings where I wake up to the conclusion of some crazy Asian rally.
hero member
Activity: 1302
Merit: 502
Huh? There is much less depth on the ask side. That's the important side for a rally. When I buy coins, I want the best deal available. Wink

You and everyone else. What happens when it doesn't fill in? This happened on the way up to the $40's. It gets thin sometimes.

Pause buying.

You do, but not the unwashed masses who just heard about it.
hero member
Activity: 1302
Merit: 502
Huh? There is much less depth on the ask side. That's the important side for a rally. When I buy coins, I want the best deal available. Wink

You and everyone else. What happens when it doesn't fill in? This happened on the way up to the $40's. It gets thin sometimes.
hero member
Activity: 1302
Merit: 502


Round 2 getting ready to start.

Let's allow some depth to fill in there chief. One wouldn't want to pay too much for cheap bitcoins now.

This is pretty much the exact same depth that drove us over $50.

Whatever though, you could be right. However, there is still record fiat on the books and the available Bitcoin dropped by half.
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