Wall Observer - MtGoxUSD wall movement tracker - page 698.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: ArticMine on February 09, 2013, 12:47:40 PM

Quote from: Third Way on February 09, 2013, 11:50:43 AM

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

https://bitcointalksearch.org/topic/2013-02-08-coinbase-now-selling-over-a-million-142047 I find what is happening with Coinbase very interesting. They did over 1.000,000 USD in business in January but their funding limit is 100 USD a day. This means over 10,000 transactions. This is showing up on MtGox as a steady stream of very small buy orders.

that is interesting. too bad they didn't correlate that with #new customers.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Third Way on February 09, 2013, 11:50:43 AM

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

https://bitcointalksearch.org/topic/2013-02-08-coinbase-now-selling-over-a-million-142047 I find what is happening with Coinbase very interesting. They did over 1.000,000 USD in business in January but their funding limit is 100 USD a day. This means over 10,000 transactions. This is showing up on MtGox as a steady stream of very small buy orders.

bzzard

sr. member

Activity: 398

Merit: 250

Quote from: thoughtfan on February 09, 2013, 08:44:23 AM

Quote from: Technomage on February 09, 2013, 06:08:41 AM

Someone bought 5k BTC with one click. This is really something, even I'm amazed. It's Saturday, the most boring market day of the week by far, and we see this. Wow.

Might have been something to do with someone buying over 1m S.DICE shares in one hit after evoorhees said he'd take them off the market unless they were gone by tomorrow ev.

At some point this BTC need to be converted to USD ...so maybe Monday, BTC back to 19$? ...preety please :3
(if not, fuck it, I'm closing BTCCharts, no need for charts when there's one strategy - buy Cheesy

)

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: robocoin on February 09, 2013, 12:39:07 PM

Quote from: 420 on February 08, 2013, 07:18:55 PM

Quote from: Ente on February 08, 2013, 07:14:00 PM

Quote from: 420 on February 08, 2013, 07:11:22 PM

who missed me?

I didn't miss Bitcoin over $22 Cool

Ooh, and a new avatar as well! :-)

Ente

thanks to user hardup

I'm a more blatant supporter of marijuana legalization now

I missed you, I thought you "did a Yuhfhrh".

how does a moderator just disappear?

i mean geez, won't we just descend down into anarchy?

robocoin

sr. member

Activity: 252

Merit: 250

Quote from: 420 on February 08, 2013, 07:18:55 PM

Quote from: Ente on February 08, 2013, 07:14:00 PM

Quote from: 420 on February 08, 2013, 07:11:22 PM

who missed me?

I didn't miss Bitcoin over $22 Cool

Ooh, and a new avatar as well! :-)

Ente

thanks to user hardup

I'm a more blatant supporter of marijuana legalization now

I missed you, I thought you "did a Yuhfhrh".

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: cypherdoc on February 09, 2013, 12:29:06 PM

Quote from: thoughtfan on February 09, 2013, 12:23:27 PM

Quote from: proudhon on February 09, 2013, 12:16:56 PM

Quote from: Third Way on February 09, 2013, 11:50:43 AM

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

Same. I woke up this morning completely baffled.

ElectricMucus called this rally correctly it last night!

see, all it takes is a small crack in his closed mind to blow the thing wide open!

But to be fair, he did call it the beginning of the bubble so I don't think he's had a total bull conversion Wink

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: thoughtfan on February 09, 2013, 12:23:27 PM

Quote from: proudhon on February 09, 2013, 12:16:56 PM

Quote from: Third Way on February 09, 2013, 11:50:43 AM

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

Same. I woke up this morning completely baffled.

ElectricMucus called this rally correctly it last night!

see, all it takes is a small crack in his closed mind to blow the thing wide open!

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: proudhon on February 09, 2013, 12:16:56 PM

Quote from: Third Way on February 09, 2013, 11:50:43 AM

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

Same. I woke up this morning completely baffled.

ElectricMucus called this rally correctly it last night!

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: Third Way on February 09, 2013, 11:50:43 AM

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

Same. I woke up this morning completely baffled.

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: waspoza on February 09, 2013, 10:42:19 AM

Quote from: proudhon on February 09, 2013, 10:40:45 AM

FFS, where is all this money coming from?

Printing press?

LOL

Third Way

full member

Activity: 238

Merit: 100

Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?

I thought I'd wake up to $20 today.

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: myself on February 09, 2013, 11:29:20 AM

Quote from: Savior on February 09, 2013, 06:52:04 AM

Bears are fighting with limited ammunition, bulls have factorys making more and more ammunition everyday Grin

assumption: fiat is free
fact: fiat is not free is debt

Free is debt, debt is free. Grin

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: Savior on February 09, 2013, 06:52:04 AM

Bears are fighting with limited ammunition, bulls have factorys making more and more ammunition everyday Grin

assumption: fiat is free
fact: fiat is not free is debt

World

hero member

Activity: 743

Merit: 500

Quote from: cypherdoc on February 09, 2013, 10:59:38 AM

Quote from: waspoza on February 09, 2013, 10:42:19 AM

Quote from: proudhon on February 09, 2013, 10:40:45 AM

FFS, where is all this money coming from?

Printing press?

i can't wait for them to 3D print gold bars.

US market via CoinBase,January 11 was announcement look the chart

oakpacific

hero member

Activity: 784

Merit: 1000

Speaking of the money inflow, I have done some random calculations, which could be full of mistakes, so feel free to correct me. Now that we are still seeing 50k upside volume routinely after we are above $20, which amounts to $1M at its minimum. Assuming this number is all that the bulls are gonna make in case of a crash, and our bullish friends want to keep a handsome profit, so only half of this much would be used to buy back bitcoins latter when the price gets very low, it could still translate to a 250,000 BTC upside volume at $2.

So the conclusion is it's highly unlikely that we will see the price dip to below $2 as it was in November 2011, in fact, I think all the bulls(not including Mr. Loaded) in this thread combined are capable of stopping the price hitting $2, not taking into account the influence of a major shorting platform like Bitcoinica, while making a sizable profit from the rally we had, what do you guys think? I think I am being quite conservative.

cypherdoc

legendary

Activity: 1764

Merit: 1002