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17161  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 11, 2012, 02:49:47 AM
The ask wall at $13 is a blatant attempt at manipulating the weak hands into selling their coins. Mtgox should remove all the asks again lol.

that wall is gone, its safe to buy again Tongue
17162  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 11, 2012, 12:24:02 AM


how can someone have a bid higher then an ask  Huh

and why has their been so little trading going on?
17163  Economy / Service Announcements / Re: Want your letter published in Bitcoin Magazine? Get a free issue! on: August 11, 2012, 12:16:45 AM
can this letter be about anything bitcoin related?

what are you looking for? a 1000 word rant about bitcoin?
17164  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 07:12:57 PM

the 13$ wall of DEATH! here we go!
17165  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 06:56:59 PM
LOL! Look at the 10k wall disappear!  Cheesy

say what?

grinding higher; oh the pain.  Wink

now less then 2 k

and a new 1K ask wall appears

the battle of the walls continues

17166  Economy / Speculation / Re: Pirate's last chance? on: August 10, 2012, 05:40:30 PM
LOL, Adam are you now really hoping that pirate will crash the price for you, so that you can buy back below your low selling price?

I hope he is not as a pirate default in this market is far more likely to trigger a buying panic than an crash.

if pirate is successful the price will drop below 9$

this is what i'm counting on
17167  Economy / Speculation / Re: Pirate's last chance? on: August 10, 2012, 05:01:04 PM
first he admits to selling from 9 to 7.4

Link?

i dont want to find it,

but he did say it publicly, he said it was the first time he "played crashed the market" ... something like that
17168  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 04:58:21 PM
yup, they'll certainly make me weak minded. Cheesy

Hurry, depreciating assets?
lol
Quote
what you suggest is a simple trade: you bring your looks to the party and I bring my money. Fine, simple. But here's the rub, your looks will fade and my money will likely continue into perpetuity...in fact, it is very likely that my income increases but it is an absolute certainty that you won't be getting any more beautiful!

So, in economic terms you are a depreciating asset and I am an earning asset.
17169  Economy / Speculation / Re: Pirate's last chance? on: August 10, 2012, 04:49:12 PM
LOL, Adam are you now really hoping that pirate will crash the price for you, so that you can buy back below your low selling price?

yes i thought he could do it at 9 so i sold!

then i saw he was trying again at 11 so i sold!


     I WANT MY BITCOIN BACK
17170  Economy / Speculation / Pirate's last chance? on: August 10, 2012, 04:37:40 PM
ok so many people were saying that Pirate's bank would have to default if the price kept rising, 10$ seem like a sure bet he was done for it.

so is that what we are seeing on the market lately?

first he admits to selling from 9 to 7.4, he must of thought 9 was the top and he could easily pressure people into selling. he must of saw that selling at 9$ wasn't a gr8 idea, so he pushed the price ( or let it rise ) to 12 dollars. now once again he trying to sell high and then try to push it down.

if this doesn't work, do you think he will try again higher?

if prices continue to rise, when will he default?
17171  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 04:22:33 PM
and now theirs a 6K bid wall at the front.

still the ask wall looks solid, and i think it will only grow the higher we go

turning the market from bull to bear isn't easy

now its 10K  Undecided
17172  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 04:18:31 PM
What is interesting that new price in USD is instantly reflected in CNY. Arb bots, or?

Arb bots sounds right. or someone is doing it  Arb manually
17173  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 04:09:54 PM
It's interesting that it doesn't seem like anyone wants to sell even for 11.5 $  - I am not taking the chance on selling  Smiley
what i find interesting is the that  their are people willing to buy at 11.5..

impatient bull gone wild has been the theme for the past 3 months
17174  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 03:54:24 PM
and now theirs a 6K bid wall at the front.

still the ask wall looks solid, and i think it will only grow the higher we go

turning the market from bull to bear isn't easy
17175  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 03:57:18 AM
i really have to stop bitcoining ...
17176  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 03:14:19 AM
it's like Magic; it just won't go down.  Wink

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now. Wink

hehe, not to mention that   'high to low' spread ≠ drop

So the price going from $12 to $10.80 is not going down and not a "drop".. What is it called? "going up"? Cheesy

of course its a drop.  but what we're both talking about here is a significant DROP.  as in CRASH.  which would open up a buying opportunity for you and Adam.  yes, it could happen but so far so good.  you should know.  read my update.

sad truth is the price has been manipulated up form only one reason.

the manipulator sees that 11$ is starting to show some serious resistance

the manipulator will try to keep 11$ a float for as long as possible as he sells

once hes done, he will simple remove his support, offer more resistance, and wait.

the second people see the price is going down slowly... they are going to panic and with good reason.

first wave of people sell us a falling knife, its cough at 9.50 by those who sold above 10

but it will continue to slowly drop because the price has in fact been grossly manipulated up

9.50 for a week
8.50 for a week
7.50 for a week

and we hit bottom at 6.72

its going to happen Deal with it!

 Cheesy
17177  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 02:20:08 AM
not to mention the fact that you guys are hanging on every post waiting for the drop so you can BUY back.  problem is you gotta sleep sometime and sure enough, the spike down will happen just as you close your eyes. or not.  might as well just hit the buy button now.  Wink

That's what putting buy orders in is for.

I slept great last night BTW. 9 hours. Thanks for the advice. Means a lot. He he

 Grin

I fix my bids b4 going to sleep.

I get to move them up a bit cuz i sold about 11 today  Wink

I also made myself a excel sheet to track my trades and calculate profits for what price i want to buy back in
17178  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 02:14:16 AM
it's like Magic; it just won't go down.  Wink

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now. Wink

wtv man pirate will save us
17179  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: August 10, 2012, 02:00:39 AM
it's like Magic; it just won't go down.  Wink

do you think this is going to be a repeat of last year when people where waiting to buy back lower, but lower prices never came, and then the bubble happened ...
17180  Economy / Speculation / Re: What would happen to the price of bitcoin if it was declared illegal in the USA? on: August 10, 2012, 01:05:27 AM
they won't make anything illegal unless they know they can actually enforce it otherwise the black eye would be politically suicidal.  since they can't enforce it, they won't make it illegal.
How's that been working out for drugs?

If they decide to shut down MtGox, you can say bye bye to most of Bitcoin's value in an instant.

If they shut down MtGox
I'm going to get pissed off, and code you an exchange that runs on the draknet.
Try and stop me team america world police
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