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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 807. (Read 1811596 times)

hero member
Activity: 784
Merit: 506
Whats an EA dump?

Just ask this or IRC... Early Adopter...   =)

Early adopters sold long ago.
My guess is that the vast majority of early adopters did sell the vast majority of what they had long ago.  However I read something somewhere saying there's a good few big chunks of Bitcoin that haven't moved since day 1.  Whilst I can accept most of that is likely to have been wiped from disks or forgotten about it is not inconceivable to me that a few may have held back what to you and me is a large sum with the intention of selling when the value has gone up sky high.

My reason for thinking it's unlikely they'll have much of an impact on the market in the current flurry is if they've held out so far they're likely to be holding out for a lot more than $16/BTC and are more likely to dump (as quick as they can without bombing the price) at $100 or $1,000/BTC - and by then (if we ever get there) it's just as likely they'll be paying for their cars/houses/yachts etc. directly in BTC than having to sell for fiat in order to do so.

Just another opinion to throw into the mix.
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
Whats an EA dump?

Just ask this or IRC... Early Adopter...   =)

Early adopters sold long ago.
hero member
Activity: 784
Merit: 1000
The weekend dip thing tells us exactly why banks suck.
legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
Whats an EA dump?

Just ask this or IRC... Early Adopter...   =)
legendary
Activity: 1344
Merit: 1004
Whats an EA dump?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
"MR. M please don't take a HUGE FAT DUMP, just take a LITTLE pellet dump. Thank you!"

 Cheesy Cheesy Cheesy
full member
Activity: 126
Merit: 100
I'm expecting a dump like last time... but to 14.50 at least.... not 7...
hero member
Activity: 784
Merit: 1000
Actually, I'm already utterly surprised that we have stayed above $15 for so long.
full member
Activity: 126
Merit: 100
I'm counting on the weekend dip  Grin
hero member
Activity: 784
Merit: 1000
I got bitcoins... I just want more  Wink

Then you should sell, that's what I meant.
but he does that, then he'll just be another person with only fiats crying for lower price

If that's what you expect, then you should buy now, since you're bullish. Wink You can't really convince other people to sell while freely confessing that you are clinging to your coins.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I got bitcoins... I just want more  Wink

Then you should sell, that's what I meant.
but he does that, then he'll just be another person with only fiats crying for lower price
hero member
Activity: 784
Merit: 1000
I got bitcoins... I just want more  Wink

Then you should sell, that's what I meant.
full member
Activity: 126
Merit: 100
I got bitcoins... I just want more  Wink
hero member
Activity: 784
Merit: 1000
Seriously, if we have only people with only fiats crying for lower price, then the price is not going to go down.
full member
Activity: 126
Merit: 100
SELL SELL SELL!!! I NEED ME SOME CHEAP BITCOINS!  Grin
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
If anyone wants to get in and eat Mr. M's lunch, now would be a good time.

hero member
Activity: 518
Merit: 500
It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

Not sure what you mean. Care to clarify?

I think he means that most of the current buys, or would potentially buy, are much fewer in number than those who would dump.  So, i.e., three people sell all to one person.

I'm not sure we have evidence to prove either hypothesis though.
legendary
Activity: 896
Merit: 1001
It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

Not sure what you mean. Care to clarify?
sr. member
Activity: 377
Merit: 253
It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

I understand Chalkbot.

If you spend your coins unwise it wont get back just because of your position or sth like IRL.
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