Topic: Wall Observer - MtGoxUSD wall movement tracker - page 600. (Read 1811612 times)
Don't blink.
MtGox should get some serious hardware... one dump and everything freezes... still can not see Live graph...
it's because Magicaltux manually audits every trade since the hack. Knowing that the speed is quite impressive.
holy volatility
This suggests to me that the piles of stashed BTC are now coming out of hiding, and the price point they are comfortable with seems to be around 31 USD/BTC.
Proof of said statement? this to me is FUD,
This is just a (speculative) observation of a person who happens to know a thing or two about financial markets, posted in "Economics/Speculation" section. If this remark insults your religious beliefs in any way, I humbly apologize.
Go fucking figure bro, this is why i asked you when you sold and how many bitcoins you have, You replied to me that you are a buyer and that you hold as many bitcoin as you think is worth the risk,
reason I asked this is because you have a bear tag on in a bull market, you have ulterior motive behind the fud you spread hence why i said it was FUD,
Apologies are worth absolutely nothing so you can keep that
if it wasn't for the overwhelming volume even at these high prices i would say this is the top...
but theirs just to much volume.... can you imagine the crash silver would suffer if suddenly 0.1% of the total supply was DUMPED in this manner
but theirs just to much volume.... can you imagine the crash silver would suffer if suddenly 0.1% of the total supply was DUMPED in this manner
intimidating red candle is now tiny baby cute red candle 
That's called a doji. It may be cute, but sinister.
You know what - you're right.
I think that sell actually was some TA obsessed douchebag that thinks he can create a reversal by making a doji on a Thursday.
Thankfully the market has 0 fucks to give about TA.
no. what im looking at is not a doji candle.
Regardless of if it was usually you need a big sell or buy prior or after the candle for it to represent a change in trend
also ive seen probably 1000s of doji candles be wrong, thats TA for you
Regardless of if it was usually you need a big sell or buy prior or after the candle for it to represent a change in trend
also ive seen probably 1000s of doji candles be wrong, thats TA for you
Ok, I suppose just as we interpret the market differently we interpret comments differently. I'm just not seeing it - even with it bolded!
Cool?
I welcomed the idea that this may be the case. 'Stashed BTC coming out of hiding' is an opportunity for more distribution of coin, it helps prevent the market from overheating and it lets those who have held them awhile reap their rewards by having some fiat to spend (or gold to buy or whatever).
Also because I'm not active with the day trading and just here for the show a change does make things more interesting. Maybe that's why I'm not seeing it as FUD.
anyone else amazed by last 3 hours of trading... 
Meh. Silly bears are still trying to dump, but he market has decided that bitcoins are valuable and all the bad dumps do is let people buy cheap coins. It's just gonna keep happening.
naa this is it, this is the top.
What is this obsession with 'the top'? Does it matter if you get 1 in 100 prediction correct?
intimidating red candle is now tiny baby cute red candle
That's called a doji. It may be cute, but sinister.
Ok, I suppose just as we interpret the market differently we interpret comments differently. I'm just not seeing it - even with it bolded!
Cool?
The pattern of price movement changed. The sellers are waiting for a decent amount of bids to build above a certain price point, and then dump down to this price point.
This suggests to me that the piles of stashed BTC are now coming out of hiding, and the price point they are comfortable with seems to be around 31 USD/BTC. The next week or so may indeed be interesting, and not in a way it was "interesting" for the last 6 weeks.
Well, a little bit of diversity may even be refreshing...
This suggests to me that the piles of stashed BTC are now coming out of hiding, and the price point they are comfortable with seems to be around 31 USD/BTC. The next week or so may indeed be interesting, and not in a way it was "interesting" for the last 6 weeks.
Well, a little bit of diversity may even be refreshing...
Proof of said statement? this to me is FUD,
intimidating red candle is now tiny baby cute red candle
anyone else amazed by last 3 hours of trading...
Meh. Silly bears are still trying to dump, but he market has decided that bitcoins are valuable and all the bad dumps do is let people buy cheap coins. It's just gonna keep happening.
anyone else amazed by last 3 hours of trading...
Not anymore, those huge swings barely get my attention these days.
The pattern of price movement changed. The sellers are waiting for a decent amount of bids to build above a certain price point, and then dump down to this price point.
This suggests to me that the piles of stashed BTC are now coming out of hiding, and the price point they are comfortable with seems to be around 31 USD/BTC. The next week or so may indeed be interesting, and not in a way it was "interesting" for the last 6 weeks.
Well, a little bit of diversity may even be refreshing...
This suggests to me that the piles of stashed BTC are now coming out of hiding, and the price point they are comfortable with seems to be around 31 USD/BTC. The next week or so may indeed be interesting, and not in a way it was "interesting" for the last 6 weeks.
Well, a little bit of diversity may even be refreshing...
Proof of said statement? this to me is FUD,
anyone else amazed by last 3 hours of trading...
*taking a closer look*
*taking a closer look*
Right.. and where did you sell at? and how many bitcoins do you have?
I'm still a net buyer, and the amount of bitcoins I hold is consistent with my risk preferences.
All i read in this statement is that im a weak hand, My belief is that with no risk there is no reward safe players make safe money which usually is not much at all,
dont spread fud if you do not know what your talking about
Right.. and where did you sell at? and how many bitcoins do you have?
I'm still a net buyer, and the amount of bitcoins I hold is consistent with my risk preferences.
All i read in this statement is that im a weak hand, My belief is that with no risk there is no reward safe players make safe money which usually is not much at all,
dont spread fud if you do not know what your talking about
just want to add this
when the Bid side is usually weak there isnt a sell off (no money to get maximum value), when the bid side is Super filled that is usually when I notice some big action moving
when the Ask side is usually strong there is usually big buys since there are alot of bitcoins sitting waiting to be scooped up,
this is just a observation from watching the price practically 24/7 with my other assets
when the Bid side is usually weak there isnt a sell off (no money to get maximum value), when the bid side is Super filled that is usually when I notice some big action moving
when the Ask side is usually strong there is usually big buys since there are alot of bitcoins sitting waiting to be scooped up,
this is just a observation from watching the price practically 24/7 with my other assets
That makes perfect sense from both buyers and sellers side.
I've said before that walls are magnets. People seem to think the opposite for some reason.
Yes, walls serve as well priced liquidity for large buyers.
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