Wall Observer - MtGoxUSD wall movement tracker - page 692.

oakpacific

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Quote from: molecular on February 11, 2013, 02:01:02 AM

Bull blood boiling like that makes me nervous. I'm a super-bull, but markets can be irrational. *moved over towards proudhons dark corner a bit, shivering in fear*

In a real bubble you would not have enough time to experience fear, it's a very much controlled expansion.

molecular

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Bull blood boiling like that makes me nervous. I'm a super-bull, but markets can be irrational. *moved over towards proudhons dark corner a bit, shivering in fear*

Spaceman_Spiff

legendary

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₪``Campaign Manager´´₪

Quote from: tbcoin on February 10, 2013, 11:10:07 PM

Quote from: zoinky on February 10, 2013, 11:00:10 PM

$30 by weeks end?

$15 by weeks end? Grin

I think it will take a whole while longer for a millibit to reach that kind of valuation.

zoinky

hero member

Activity: 811

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Web Developer

Quote from: tbcoin on February 10, 2013, 11:10:07 PM

Quote from: zoinky on February 10, 2013, 11:00:10 PM

$30 by weeks end?

$15 by weeks end? Grin

Nope, but $15 by weekend.

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: tbcoin on February 10, 2013, 11:10:07 PM

Quote from: zoinky on February 10, 2013, 11:00:10 PM

$30 by weeks end?

$15 by weeks end? Grin

Parity with the silver price will bring a lot of headlines and new attention.
If it gets there it may well retrace but not for long, and not below $20

tbcoin

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Quote from: zoinky on February 10, 2013, 11:00:10 PM

$30 by weeks end?

$15 by weeks end? Grin

zoinky

hero member

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Merit: 1000

Web Developer

$30 by weeks end?

cypherdoc

legendary

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01BTC10

vip

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Merit: 503

Sunday night rally is now standard.

cypherdoc

legendary

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Spaceman_Spiff

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₪``Campaign Manager´´₪

Quote from: Third Way on February 10, 2013, 10:09:29 PM

Quote from: Spaceman_Spiff on February 10, 2013, 09:59:49 PM

I am wondering how many GPU miners won't buy ASICs and quit mining. Maybe a portion of them used to sell mined coins straight away for expenses and profit, but now want to end their adventures holding some bitcoins for the future. This would result in a lower supply coming on the market.

Then again, trying to find fundamental reasons to explain the market generally is a great way to fool yourself...

More GPU miners "Retiring", less people mining, difficulty goes down, thus more coins.

No, the amount of coins produced will allways be the same. Only short-term before difficulty change there can be an increased or decreased production due to change in network hashing power.

Third Way

full member

Activity: 238

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Quote from: Spaceman_Spiff on February 10, 2013, 09:59:49 PM

I am wondering how many GPU miners won't buy ASICs and quit mining. Maybe a portion of them used to sell mined coins straight away for expenses and profit, but now want to end their adventures holding some bitcoins for the future. This would result in a lower supply coming on the market.

Then again, trying to find fundamental reasons to explain the market generally is a great way to fool yourself...

More GPU miners "Retiring", less people mining, difficulty goes down, thus more coins.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

I am wondering how many GPU miners won't buy ASICs and quit mining. Maybe a portion of them used to sell mined coins straight away for expenses and profit, but now want to end their adventures holding some bitcoins for the future. This would result in a lower supply coming on the market.

Then again, trying to find fundamental reasons to explain the market generally is a great way to fool yourself...

Patrick||Rodgers

newbie

Activity: 35

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I would be happy with this
http://www.youtube.com/watch?v=fsjFi4KkOZc
Sally

fcmatt

legendary

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Merit: 1001

Heck.. With a rally like this even i am not selling my mined coins. It is like a self fulfilling prophecy. Bitcoin users want the price up, refuse to sell, and it goes up. Common sense tells me this cannot continue at such a rate yet if ppl wont sell and there are still buyers... Up it goes.

I fully expect hundred of thousands of btc to be sold once enough bids to absorb it at a high enough price. Right now a 100,000 sale of btc will crush the price downwards bigtime.

oakpacific

hero member

Activity: 784

Merit: 1000

It's clear that someone was luring the bears out of their holes, and eat their bitcoins.

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: proudhon on February 10, 2013, 02:05:11 PM

Quote from: jasinlee on February 10, 2013, 01:02:21 PM

Quote from: proudhon on February 10, 2013, 01:01:41 PM

What's funny is that this thread is part of the reason bitcoin is so easy to manipulate. Wall watchers watch walls to see if they mean anything, therefore, they mean something.

Yeah since everyone follows your advice every time you make a recommendation to sell.

That's not what I was referring to. I'm referring to the fact that making large walls can be useful at manipulating the price one way or another because they're given a lot of attention here.

People are just having fun here, you seriously think anyone who is really trading bitcoins is gonna make decisions by wall pictures? No wonder you believe people here would listen to your calls. Shocked

Third Way

full member

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Weekend dips huh?

Quote from: ajk on February 10, 2013, 06:00:29 PM

these sell offs are weak as shit!!!!! it recoups so fast and the somewhat stable price is leading me to believe that 30-50 is certainly do-able in the next 3-4 month period

Up is where we are headed!!!!!!!!!!!!!!1eleventy1111

Quote from: jojo69 on February 10, 2013, 06:30:57 PM

good god

it just won't stop

u wot m8s?

jojo69

legendary

Activity: 3374

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diamond-handed zealot

good god

it just won't stop

ajk

donator

Activity: 447

Merit: 250

these sell offs are weak as shit!!!!! it recoups so fast and the somewhat stable price is leading me to believe that 30-50 is certainly do-able in the next 3-4 month period

Up is where we are headed!!!!!!!!!!!!!!1eleventy1111

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 692. (Read 1811599 times)