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2441  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 10:10:03 PM
Check this chart I wrote.
http://i45.tinypic.com/2uz8ao3.png

Smiley YOu're welcome.

That's pretty accurate, I think. Except that time goes backwards a little sometimes.

I think you will find the picture a lot more accurate when you tilt the drawn part by 30 degrees.  --> clear sailing ahead    Cheesy
2442  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 06:50:28 PM
Check this chart I wrote.
http://i45.tinypic.com/2uz8ao3.png

Smiley YOu're welcome.

that puts us not $17 until feb march a hole!

Yes, why are you so bearish?  Angry

 Cheesy
2443  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 06:42:33 PM

good morning, hope you enjoy watching the formation of bitcoin bubble #2  Smiley


its a minor one like august or januari 2012 and still has some way to go.

i feel its major, bigger then anything we've seen b4.

if bitcoin spikes to 25$ right this second... do you sell? Wink

I would sell like a quarter or a third of my (admittedly humble) holdings.
2444  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 06:25:21 PM
is clarkmoody lying to me or is there a 40 cent spread between bids and asks???

won't show my new bid nor will it be filled

sorry i was seeing things omg just woke up

good morning, hope you enjoy watching the formation of bitcoin bubble #2  Smiley


its a minor one like august or januari 2012 and still has some way to go.  Big bubble would be 50-100 imho.
2445  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 05:16:26 PM
My prediction: 17.25 by end of the week.

17, tomorrow  Grin  (in my defense, I am sleep-deprived right now  Wink )

* boasts about accurateness of bold prediction *  (I am sure you'll forgive me the 2 cents).
2446  Economy / Speculation / Re: Bitcoin is the most dangerous item to short. on: January 21, 2013, 10:32:55 AM
Well not really.  That would be neutral or no position.  Short is when you owe bitcoins that you do not actually own, with options or protection.  (I am not saying that options or protection currently exist)
short != leveraged

all short means is selling with intention to buy back lower (cover)

shorting with leverage is what your talking about

http://en.wikipedia.org/wiki/Short_%28finance%29

Adam, check your own link.  Shortselling indeed means selling to cover at lower price, but from the starting point of a neutral position (owning nothing of the asset).
Just check the schematic, there isn't a "Lender" and "Share borrowing" part there for nothing.
2447  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 10:07:52 AM
Quote from: molecular
I think we are generally overestimating the short-term effect of positive news (like wordpress, goldmoney, bitpay,...) and underestimating the long-term effects.

;tldr: the current rally is fueled in considerable part by newbs generated by 2 months old good news.

sorry to repost, but it shows my view on this question.

It's worth repeating.
2448  Economy / Service Discussion / Re: why does Blockchain shows your nickname??? on: January 21, 2013, 03:37:49 AM
It's nice feature and all data are from public sources. Why people creep out when someone connects 2 pieces together?  Smiley

Should be optional
2449  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 02:39:05 AM
I'm working on my site so i hadn't been watching the market all night...

You have come at the right time  Wink
2450  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 02:26:45 AM
My prediction: 17.25 by end of the week.

17, tomorrow  Grin  (in my defense, I am sleep-deprived right now  Wink )
2451  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 01:56:16 AM
Ask volume is really low, if they keep buying this could jump quite a bit higher.
2452  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 01:47:59 AM
I had a feeling this would be converted to a market order. Must be a newbie

Newbie with a lot of dough then...
2453  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 01:45:21 AM
he does get some expensive coins  Grin  Grin

16 here we come
...and we are there already.
2454  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 01:43:34 AM
he does get some expensive coins  Grin  Grin

16 here we come
2455  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 01:39:35 AM
True, unless they luck out and someone else dumps 15,000 or more  Smiley
there is only 10k at 15,62

There was 11k then, but I was suggesting that 15k would have moved the price a little

I think he is buying, wall is getting smaller but decent volume buy orders going through.
2456  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 01:21:42 AM
Haha, check that bid wall 11200 @15.62   Shocked

Looks like somebody is daring a whale-bear to dump  Smiley
(or they are tricky and actually want to sell their stuff, but want to comfort the smaller buyers, but that is risky behavior given the possibility of a mega-dump)

It's most likely they are the the whale-bear and are trying to push up the bids in preparation for their dump in the near future

But in the process they are allowing other bears to do a big dump without much price depreciation too, no?
2457  Economy / Speculation / Re: Bitcoin is the most dangerous item to short. on: January 21, 2013, 01:17:25 AM
... short is also used to mean "not long".

Yeah, and "a Ponzi scheme" is also used to describe bitcoin.  Doesn't make it right though.
2458  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 21, 2013, 12:53:58 AM
Haha, check that bid wall 11200 @15.62   Shocked

Looks like somebody is daring a whale-bear to dump  Smiley
(or they are tricky and actually want to sell their stuff, but want to comfort the smaller buyers, but that is risky behavior given the possibility of a mega-dump)
2459  Economy / Speculation / Re: Bitcoin is the most dangerous item to short. on: January 21, 2013, 12:47:23 AM
If you are holding any other assets and not in bitcoins you are by definition short bitcoins.

No you are not.  Shorting is being lent an asset and selling it (to buy it at lower price later and give back to lender).
2460  Economy / Speculation / Re: New Indicator: Number of sites accepting bitcoin on: January 21, 2013, 12:39:18 AM
the drops are wiki updates?
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