Wall Observer - MtGoxUSD wall movement tracker - page 987.

Yuhfhrh

full member

Activity: 238

Merit: 100

Quote from: lebing on October 23, 2012, 07:02:38 PM

Quote from: Yuhfhrh on October 23, 2012, 06:00:56 PM

Quote from: lebing on October 23, 2012, 05:58:01 PM

I think its going back down again. Watch out

The buying bot has been activated, just like after every dump for the past three weeks. I think we are fine.

Is this someone desperately denying reality (manipulating for stability?!) or you think he is actually making a profit with that thing?

It all depends on how deep his pockets are.

My best guess is he has $1M USD+, and a bot set to buy around (rough estimate from what it appears) ~25-45 bitcoins every 1-10 minutes (time varies) when the price is less than ~$11.80 and when the price has not changed ~1% within 15 minutes. He wants to rack up as many BTC he can before taking us on a rally.

Or like you said it could be someone desperately denying reality. Lol

One thing for sure, he has not made any money doing that this past month, which is why I think he has to be in it for the long run.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: Yuhfhrh on October 23, 2012, 06:00:56 PM

Quote from: lebing on October 23, 2012, 05:58:01 PM

I think its going back down again. Watch out

The buying bot has been activated, just like after every dump for the past three weeks. I think we are fine.

Is this someone desperately denying reality (manipulating for stability?!) or you think he is actually making a profit with that thing?

Yuhfhrh

full member

Activity: 238

Merit: 100

Exactly the same as before. "What dump?"

Sitarow

legendary

Activity: 1792

Merit: 1047

Yuhfhrh

full member

Activity: 238

Merit: 100

robocoin that picture is making me sick.

Yuhfhrh

full member

Activity: 238

Merit: 100

Quote from: lebing on October 23, 2012, 05:58:01 PM

I think its going back down again. Watch out

The buying bot has been activated, just like after every dump for the past three weeks. I think we are fine.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

I think its going back down again. Watch out

zero3112

hero member

Activity: 588

Merit: 500

How come theres no walls lately? Was bitcoinica to blame for the volatility because bitcoin seems more stable without all that running.

BitcoinINV

sr. member

Activity: 448

Merit: 250

What a day.

Yuhfhrh

full member

Activity: 238

Merit: 100

This is the bottom. Called it. Grin

(For today)

damnek

hero member

Activity: 614

Merit: 500

Quote from: Spekulatius on October 23, 2012, 05:07:55 PM

I dont know what the market is gonna do next, but I think we certainly should go up over the next weeks. We cant go much lower anyway, maybe to 11.20$, but not below 10.50$ according to my analysis (10$ is SUCH a strong support, something really bad would have to happen for it to break).
Looking back at the past days, 11.5$ to 12$ was a pretty good trading range, if you were lucky/daring enough to use it.
So I just bought in at 11.50$ and am looking to sell at 12$. Waiting for it to hold above 12$ or make a voluminous break through at least before buying back eventually.

If we go below 11.40$ (past short term bottom) however, I shall try to get out and back in cheaper.

I agree with you but on the other hand we've been going down for some time now and I'm hoping for some good ol' fashioned panicking before we go back up.

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

ente what low is this ?

pd: i blame sellers for this drop

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: Yuhfhrh on October 23, 2012, 05:08:44 PM

Quote from: damnek on October 23, 2012, 05:04:15 PM

These spikes could be the result of bit4x hedging..

This is the best explanation so far.

Anyone on there yet?

Yuhfhrh

full member

Activity: 238

Merit: 100

Quote from: damnek on October 23, 2012, 05:04:15 PM

These spikes could be the result of bit4x hedging..

This is the best explanation so far.

Spekulatius

legendary

Activity: 1022

Merit: 1000

I dont know what the market is gonna do next, but I think we certainly should go up over the next weeks. We cant go much lower anyway, maybe to 11.20$, but not below 10.50$ according to my analysis (10$ is SUCH a strong support, something really bad would have to happen for it to break).
Looking back at the past days, 11.5$ to 12$ was a pretty good trading range, if you were lucky/daring enough to use it.
So I just bought in at 11.50$ and am looking to sell at 12$. Waiting for it to hold above 12$ or make a voluminous break through at least before buying back eventually.

If we go below 11.40$ (past short term bottom) however, I shall try to get out and back in cheaper.

robocoin

sr. member

Activity: 252

Merit: 250