Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 805. (Read 1811596 times)

hero member
Activity: 518
Merit: 500
The market realizes that any price under $15.50 is a steal for BTC and $15 is too good to pass up. Cheesy

I believe I said this Friday when all the bears were trying to say otherwise Tongue
sr. member
Activity: 252
Merit: 250
Price movement? Are you guys crazy? Yes you are! And that is great.  Cheesy

First ASICs shipped...

Oh you guys, I think everyone is at a boiling point because of the delays made by our competitors.

We shipped, website will be updated shortly.

First unit goes to Jeff Garzik in honor for the work he has done for the bitcoin codebase being the only developer who ordered from us.

we also arranged to ship a unit to the Bitcoin Foundation, whom is going to do a demo.

The avalon team on the other hand is going to make sure the whole shipping process go smoothly. like handling DHL/EMS problem, and other custom issues.

cheers.


You still think its going to have any effect on the market? I don't think about sick spikes like we've seen last week. But a strong faith in Bitcoins is an indicator,too. For my part it means to hoard more. XD
420
hero member
Activity: 756
Merit: 500
BINGO low post count bear has given a bullish oracle

EDIT: some big dumps added shortly ago

somewhat large walls to get to $16 now
hero member
Activity: 784
Merit: 506
Too many people saved their fiat for the weekend, hoping for a "Weekend deep". When the weekend came and "The Deep" turned out to be nothing but a fizzle... What do you do with all this red-hot fiat now?

I think the change of MtGox price behavior that we see now is fundamental. The coins are becoming fundamentally more scarce. Miners only produce half of what they used to, and tend to hoard bigger portion to themselves. With impending ASIC disruption, the mined coins will be even harder to come by. The piles of "old money" dwindled, and what is left is not for sale at this level.

Coin holders who are bearish on the currency had every chance to sell into the steady price appreciation we've seen since September event. And most of them did, their selling reaching its peak in mid-December when the price "stalled". Bears just do not posses enough coins to make difference any longer.

So, the end result is that in reality the coins are currently much more scarce than the market assumes. The realization of this fact is now slowly trickling into a price action. It will be interesting to see at what price point the supply will increase enough to balance the increased demand.
+1
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Too many people saved their fiat for the weekend, hoping for a "Weekend deep". When the weekend came and "The Deep" turned out to be nothing but a fizzle... What do you do with all this red-hot fiat now?

I think the change of MtGox price behavior that we see now is fundamental. The coins are becoming fundamentally more scarce. Miners only produce half of what they used to, and tend to hoard bigger portion to themselves. With impending ASIC disruption, the mined coins will be even harder to come by. The piles of "old money" dwindled, and what is left is not for sale at this level.

Coin holders who are bearish on the currency had every chance to sell into the steady price appreciation we've seen since September event. And most of them did, their selling reaching its peak in mid-December when the price "stalled". Bears just do not posses enough coins to make difference any longer.

So, the end result is that in reality the coins are currently much more scarce than the market assumes. The realization of this fact is now slowly trickling into a price action. It will be interesting to see at what price point the supply will increase enough to balance the increased demand.


donator
Activity: 1057
Merit: 1021
I think someone's bot is drunk.
vip
Activity: 756
Merit: 503
lol what's going on?
hero member
Activity: 784
Merit: 1000
What's up, bulls? Why so impulsive? It ain't no Monday yet!
420
hero member
Activity: 756
Merit: 500
Low volume; price still kicking up

wowza. sunday will decide the course of this week
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
oh shit... its now Sunday, in a few hours, its go time!


                           ^ The buy button
 do it! do it! do it!
420
hero member
Activity: 756
Merit: 500
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

How could you  bet with him? He should have sold all his BTCs. Cheesy

There are multiple people here who try and use the forum to manipulate the price down when it suits them so they can get more coins. I'm beginning to think that Proudhon is one of them.

https://sites.google.com/site/waveaddictcharts/

Check this list. Wink

I figured, hah.

also probably a member here
http://www.bitcoinbullbear.com/forecast-subscriptions.html
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

How could you  bet with him? He should have sold all his BTCs. Cheesy

There are multiple people here who try and use the forum to manipulate the price down when it suits them so they can get more coins. I'm beginning to think that Proudhon is one of them.

https://sites.google.com/site/waveaddictcharts/

Check this list. Wink

I figured, hah.
hero member
Activity: 784
Merit: 1000
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

How could you  bet with him? He should have sold all his BTCs. Cheesy

There are multiple people here who try and use the forum to manipulate the price down when it suits them so they can get more coins. I'm beginning to think that Proudhon is one of them.

https://sites.google.com/site/waveaddictcharts/

Check this list. Wink
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

How could you  bet with him? He should have sold all his BTCs. Cheesy

There are multiple people here who try and use the forum to manipulate the price down when it suits them so they can get more coins. I'm beginning to think that Proudhon is one of them.
hero member
Activity: 784
Merit: 1000
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

How could you  bet with him? He should have sold all his BTCs, and being so bearish he would believe that he will lose more even if he  wins. Cheesy
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
420
hero member
Activity: 756
Merit: 500
Bitfloor could use some coins. Last trade $17.97  Cheesy

you can only withdraw via bank deposit with ID and personal info provided

Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

I'll bet he will not bet.

I bet you're right.

I'll escrow
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

I'll bet he will not bet.

I bet you're right.

legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

I'll bet he will not bet.

I am sure if you and I bet for 100 BTC that he won't bet for 10 BTC, I might come out in favor (following some pm's of course)  Grin .
legendary
Activity: 1652
Merit: 1000
Make a bet Proudhon - I'll bet you 10 btc we continue the climb next week

I'll bet he will not bet.
Jump to: