Wall Observer - MtGoxUSD wall movement tracker - page 77.

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: roomservice on April 12, 2013, 03:24:27 PM

New fiat money is incomming next week from people who wanna pick up some of these cheaps coins.

Remember that real money transfer to exchanges takes about 3-4 days in most countrys. That's money which was send to exchanges right after the crash happened.

I'm thinking Gox will now be wasting their time with a lot of those verifications. Then again, I often tend to underestimate how illogical people can be. That's why I'm not rich.

jojo69

legendary

Activity: 3318

Merit: 4606

diamond-handed zealot

Quote from: mccorvic on April 12, 2013, 03:22:42 PM

Quote from: Krabby on April 12, 2013, 03:07:13 PM

Quote from: Gordonium on April 12, 2013, 03:00:27 PM

It's a bull market now. Lot of positive press about VC:s etc. I expected harsh treatment from media after crash, but I am pleased it turned that way.

I'll have to wait until tonight to be convinced Tongue

.

As much as I want to be bullish, I'm gonna wait until the end of Monday to go off red alert and prob end of next week for full stand-down.

I'm going to scramble around out here in my rad suit all weekend picking up nuka-cola caps

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

A bit of history.

http://www.forbes.com/sites/timothylee/2013/04/11/an-illustrated-history-of-bitcoin-crashes/

I wonder what the reactions will be like when it's crashing from like $10,000 to $5,000? Will we see people jumping out of windows on a monthly basis?

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

Quote from: adamstgBit on April 12, 2013, 03:20:00 PM

Quote from: Krabby on April 12, 2013, 02:13:00 PM

Quote from: proudhon on April 12, 2013, 02:08:51 PM

Haha, brace yourselves for another DDoS, price smack down, and new lows.

I'm agreeing with proudhon.

fool me once shame on you, fool me twice shame on me.

~~no one~~ less people will fall for it this time.

Hehe, all I know is that i'm going to be in mostly fiat tonight.

roomservice

full member

Activity: 199

Merit: 100

New fiat money is incomming next week from people who wanna pick up some of these cheaps coins.

Remember that real money transfer to exchanges takes about 3-4 days in most countrys. That's money which was send to exchanges right after the crash happened.

mccorvic

hero member

Activity: 518

Merit: 500

Quote from: Krabby on April 12, 2013, 03:07:13 PM

Quote from: Gordonium on April 12, 2013, 03:00:27 PM

It's a bull market now. Lot of positive press about VC:s etc. I expected harsh treatment from media after crash, but I am pleased it turned that way.

I'll have to wait until tonight to be convinced Tongue

.

As much as I want to be bullish, I'm gonna wait until the end of Monday to go off red alert and prob end of next week for full stand-down.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Krabby on April 12, 2013, 02:13:00 PM

Quote from: proudhon on April 12, 2013, 02:08:51 PM

Haha, brace yourselves for another DDoS, price smack down, and new lows.

I'm agreeing with proudhon.

fool me once shame on you, fool me twice shame on me.

~~no one~~ less people will fall for it this time.

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: mccorvic on April 12, 2013, 03:02:20 PM

*Pokes head out of bomb shelter*

Is....is it safe to come out yet?

Thank you

First post to make me lol for some time

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: mccorvic on April 12, 2013, 03:02:20 PM

*Pokes head out of bomb shelter*

Is....is it safe to come out yet?

You sir, pre-empted me. But yes, seems so

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: Beta-coiner1 on April 12, 2013, 03:07:26 PM

Well damn,Didn't expect a $20 increase today...seems bullish.

Don't forget that on that chart the bears keep throwing up, there's the "Return to the mean". I don't know why some seem so insistent that it applies to this scenario "Except that little bit at the end".

By my eye (trained in physics, not economics), we should actually be in the 120-140 range. I'd be comfortable with just triple digits for a while though.

Beta-coiner1

hero member

Activity: 532

Merit: 500

Well damn,Didn't expect a $20 increase today...seems bullish.

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

Quote from: Gordonium on April 12, 2013, 03:00:27 PM

It's a bull market now. Lot of positive press about VC:s etc. I expected harsh treatment from media after crash, but I am pleased it turned that way.

I'll have to wait until tonight to be convinced Tongue

.

hannesnaude

full member

Activity: 169

Merit: 100

Firstbits : 1Hannes

Quote from: jojo69 on April 12, 2013, 02:46:29 PM

she would pay with m-pesa

M-pesa is a ripoff. The fact that it is as popular as it is, just goes to show how atrocious the other money transfer options are. Also, I am quite amused by the discussion the kinds of phones in darkest africa and how one would charge them. I can't speak for the rest of Africa, but i can assure you that here in South Africa just about everyone has a mobile phone, including kids and shack dwellers.

But I have to log off now. I have to go pedal my exercise bike to charge my laptop battery Wink

mccorvic

hero member

Activity: 518

Merit: 500

*Pokes head out of bomb shelter*

Is....is it safe to come out yet?

kiko

sr. member

Activity: 453

Merit: 250

Quote from: thoughtfan on April 12, 2013, 02:48:30 PM

Quote from: hannesnaude on April 12, 2013, 02:41:30 PM

Two of my co-workers who hold no coins have been following the bitcoin market since I first told them about it in 2011. Both asked me today for advice on opening & funding exchange accounts and upon hearing about the typical delay involved in getting funds to an account enquired whether I would sell them some of my coins for cash.

Do not underestimate the number of interested parties who have been sitting on the sidelines thinking they have missed the boat and are now chomping at the bit to get in. The difference between now and 2011 is that btc has already demonstrated that it can rise from the ashes once. That is a very important difference.

I wasn't on site today but received a call this afternoon from the project office where two or three were asking how to buy. They had been telling me they were thinking about it for some time and once they got reassurance from me that nothing substantial has broken and there is no imminent threat they've decided to take advantage of this price drop to jump on board

Unfortunately with UK banks being amongst those with the most to lose it is still a pain to buy bitcoin here but I reckon at least two of them will figure it out.

Thanks for sharing, I enjoy anecdotes like these.

We just won't know anything about the bitcoin outlook until bulls have had 72 hours+ to fund the exchanges. Yesterday was basically a sucker-punch by the bears.

Gordonium

sr. member

Activity: 392

Merit: 250

It's a bull market now. Lot of positive press about VC:s etc. I expected harsh treatment from media after crash, but I am pleased it turned that way.

thoughtfan

hero member

Activity: 784

Merit: 506

Quote from: hannesnaude on April 12, 2013, 02:41:30 PM

Two of my co-workers who hold no coins have been following the bitcoin market since I first told them about it in 2011. Both asked me today for advice on opening & funding exchange accounts and upon hearing about the typical delay involved in getting funds to an account enquired whether I would sell them some of my coins for cash.

Do not underestimate the number of interested parties who have been sitting on the sidelines thinking they have missed the boat and are now chomping at the bit to get in. The difference between now and 2011 is that btc has already demonstrated that it can rise from the ashes once. That is a very important difference.

I wasn't on site today but received a call this afternoon from the project office where two or three were asking how to buy. They had been telling me they were thinking about it for some time and once they got reassurance from me that nothing substantial has broken and there is no imminent threat they've decided to take advantage of this price drop to jump on board

Unfortunately with UK banks being amongst those with the most to lose it is still a pain to buy bitcoin here but I reckon at least two of them will figure it out.

cedivad

legendary

Activity: 1176

Merit: 1001

Quote from: Richy_T on April 12, 2013, 02:14:54 PM

Quote from: elux on April 12, 2013, 02:07:14 PM

TO THE MOON!!!!

I'm the guy that had that ask placed at 89.70. They eat half of the wall, then I sold at market at 85. I feel really lucky because I bought today from bitstamp at 65. I wanted the fiat out of Slovenia and I did a 30% in the meanwhile.

jojo69

legendary

Activity: 3318

Merit: 4606

diamond-handed zealot

she would pay with m-pesa

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

So much for "other exchanges". Bitcoin-24 is now shut down with several of my bitcoins in there. Bitcoin is a great idea and protocol but the supporting infrastructure is a farce. The sooner we get away from exchanges altogether, the better I think.

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 77. (Read 1811564 times)