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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 909. (Read 1811613 times)

sr. member
Activity: 252
Merit: 250
If you sold Bitcoins because you thought we're going down, you might enjoy some good german beer now:
http://www.youtube.com/watch?v=2kcQ6H3bEz4
legendary
Activity: 1260
Merit: 1000
Drunk Posts

1337 - lmao its a sign, a sign i tell you!   Cheesy

next stop, $133.7!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

almost fully recovered in less then 12 hours  Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

1337 - lmao its a sign, a sign i tell you!   Cheesy
420
hero member
Activity: 756
Merit: 500
morning adam
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Good morning Bitcoin!  Smiley
legendary
Activity: 1904
Merit: 1002
i have a feeling myself is going to keep trying to back up his shorts by shorting even more every time we go up a bunch.  Undecided don't do it

As long as his bankroll is infinite he won't have a problem Wink.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i have a feeling myself is going to keep trying to back up his shorts by shorting even more every time we go up a bunch.  Undecided don't do it
sr. member
Activity: 252
Merit: 250

Hey 'myself', I absolutly get the bearishnes, but doesn't current candles tell us different? Bullish candles on various time frames...
What ever I am sure there will be more epic dumps but not below 15.40$.

sr. member
Activity: 252
Merit: 250
What 15k dump? Very nice Bulls!
legendary
Activity: 2126
Merit: 1001
Whats really interesting is that the sale took place almost exactly when the days change on the bitcoin charts website (some euro time i think).

Im wondering if this is another attempt to manipulate (like that annoying .1 sell bot) charts
http://bitcoincharts.com/charts/mtgoxUSD#rg30zig12-hourztgSzm1g10zm2g25zv

Absolutely.
The price swings are so quick and random, with comparably small movement over the whole day. And then the small liquidity. It is easy to, for example, sell 1000 BTC over the opening price of a day, and then buy again one minute before the bitcoincharts chart switches to the next day. Rise the price with buying 600 BTC, leave the other 400 BTC right there as a miniwall. This is a sure thing. You might even do a tiny profit. The visual effect is pretty strong, as most days only show a few tens on cents movement.
Of course it will be more and more difficult do do this on following days.. You can manipulate the (surprisingly large!) "random movements", but once you have to "work against the masses" you pay a lot.
So, is the time right that a small sparc sets everything on fire? Then this is an easy and effective thing. If you don't hit the right time, you are just redistributing your bitcoins.
Did it a few times, just to try, and it works. It cost me something like 10 bitcoins, with a strong effect on thecharts. Did it have any influence? No idea.

Of course it will get interesting once several people do this, and when bulls and bears fight over the last minutes of a day!

Ente
420
hero member
Activity: 756
Merit: 500
now there's 2 large orders on virtex at 13.28!  Shocked

and MtGox is recovering fast.

LOOOOOOVE it
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
now there's 2 large orders on virtex at 13.28!  Shocked

and MtGox is recovering fast.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Canadians are more bullish then ever

There are bitbulls in Canada, I count myself among them; however the combination of very cold winters and relatively cheap electricity makes Canada prime for territory bitcoin mining. The result polar bears in Virtex.

Virtex trading above Gox is an anomaly. So I expect the the wall at CAD 13.20 to get demolished by the polar bears, or Gox to rise back to say 13.6 USD or even both.

I agree the wall will be sold into, and that's the point, someone wants a large order filled ASAP...
legendary
Activity: 2282
Merit: 1050
Monero Core Team

Canadians are more bullish then ever

There are bitbulls in Canada, I count myself among them; however the combination of very cold winters and relatively cheap electricity makes Canada prime for territory bitcoin mining. The result polar bears in Virtex.

Virtex trading above Gox is an anomaly. So I expect the the wall at CAD 13.20 to get demolished by the polar bears, or Gox to rise back to say 13.6 USD or even both.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Canadians are more bullish then ever

I'm sorry. There is just no evidence that Canadians exist.

Lol, we exist....
hero member
Activity: 518
Merit: 500
Canadians are more bullish then ever

I'm sorry. There is just no evidence that Canadians exist.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

Canadians are more bullish then ever
420
hero member
Activity: 756
Merit: 500
hero member
Activity: 518
Merit: 500
Up 10%
Down 5%

BEARS WIN LULZ HUR HUR HUR

*Bear logic*
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