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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26387326 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
underground_
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May 03, 2013, 12:37:27 AM
 #3401

Few large ask walls left. Big coin dump coming or they are throwing in the towel. Should be moving back up soon. Nice time to buy. Smiley

I'm so confused. Huh

And now this: http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656

Fuck.
Kazu
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May 03, 2013, 12:47:19 AM
 #3402

Few large ask walls left. Big coin dump coming or they are throwing in the towel. Should be moving back up soon. Nice time to buy. Smiley

I'm so confused. Huh

And now this: http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656

Fuck.

I love the "weirdness" link.
seleme
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May 03, 2013, 12:52:21 AM
 #3403

MtGox - making bad news since 1896.

I guess only rpietila could do a worse PR for bitcoin then they do.
arklan
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May 03, 2013, 12:53:10 AM
 #3404

richy, that's awesome. keep working on it! also, i sent ya a tip.

woah, the gox/coinlab deal collapsed? wow. *reads article*
Frozenlock
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May 03, 2013, 12:53:35 AM
 #3405

MtGox remaining in another jurisdiction than USA, bad news? How?
fitty
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May 03, 2013, 01:01:22 AM
 #3406

MtGox remaining in another jurisdiction than USA, bad news? How?

MtGox giving their usa/cnd clients to coinlab seems like a real bad deal for MtGox. No wonder they kept dragging their feet, that's an awful idea.
Frozenlock
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May 03, 2013, 01:04:26 AM
 #3407

Well yeah, that's a GOOD news!
underground_
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May 03, 2013, 01:07:13 AM
 #3408

I just wonder what coinlab's two beta clients are going to do with their coins...

Or maybe they're the ones who dumped 10k a few days ago.
Hailo
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May 03, 2013, 01:10:19 AM
 #3409

sorry for the noob post but i dont understand how MtGox getting a lawsuit is GOOD news? could that be the reason for the mini crash today? To me it seems like a really bad deal for MtGox to hand over all US and CND customers. something seems fishy about this.
Frozenlock
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May 03, 2013, 01:13:14 AM
 #3410

The lawsuit isn't a good news. The possibility that MtGox remains in Japan is.

And no, this didn't affect the price.
Richy_T
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May 03, 2013, 01:14:03 AM
 #3411

arklan
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May 03, 2013, 01:16:05 AM
 #3412

we could really use a label on the vertical axis, richy. so we can see, you know, how much those walls are worth.

although, now that i think about it, i have no idea whatsoever how you'd actually display that in any useful way, given the whole "3d" thing... hmm.
fitty
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May 03, 2013, 01:16:12 AM
 #3413

Few large ask walls left. Big coin dump coming or they are throwing in the towel. Should be moving back up soon. Nice time to buy. Smiley

I'm so confused. Huh

Ask walls pretty much gone. Almost no consolidation. Follow the next big buy.
adamstgBit
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May 03, 2013, 01:16:47 AM
 #3414

you americans and your lawsuits

unbelieveable

Richy_T
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May 03, 2013, 01:22:45 AM
 #3415

richy, that's awesome. keep working on it! also, i sent ya a tip.

woah, the gox/coinlab deal collapsed? wow. *reads article*

Thank you. Always appreciated Cheesy
Ultraviolet
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May 03, 2013, 01:25:04 AM
 #3416

The lawsuit isn't a good news. The possibility that MtGox remains in Japan is.

And no, this didn't affect the price.

They're not immune just because they're in Japan. Various interlocutories and especially Judgment in favour of the Plaintiff could easily result in Gox having to suspend trading privileges to US/Canadian clients.

The "good" part of the news is that a) lawsuits are very slow; and b) the more hopeless Gox's side of the case is the more likely they are to settle before shit gets real.
Richy_T
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May 03, 2013, 01:26:44 AM
 #3417

we could really use a label on the vertical axis, richy. so we can see, you know, how much those walls are worth.

although, now that i think about it, i have no idea whatsoever how you'd actually display that in any useful way, given the whole "3d" thing... hmm.

Good point. I think I'll put some horizontal lines on minute 59.

I also need to work out automating it. I can't be staying up all night posting.
420
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May 03, 2013, 01:28:22 AM
 #3418

Well whats fun about this nonsense is that I'm getting BTC-E money now. Its like $10 above gox. Not only do I get arbitrage monies, but I also get $$ in BTC-E which is worth more than $$$ in gox.

a sign that gox is oversold
seleme
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May 03, 2013, 01:29:48 AM
 #3419

Well whats fun about this nonsense is that I'm getting BTC-E money now. Its like $10 above gox. Not only do I get arbitrage monies, but I also get $$ in BTC-E which is worth more than $$$ in gox.

a sign that gox is oversold

BTC-E is not over gox since crash started, they're usually around 2$ up. And it's always like that in crash times. That's the reason why btc-e codes are available on exchange sites at the moment. If there is a difference, it would be very hard to find them.
Frozenlock
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May 03, 2013, 01:30:04 AM
 #3420

They are not immune, but that's better than being directly on US soil.
I'm not talking about any lawsuit evasion here, but rather vulnerabilities to US laws.

"FINCEN now declares Bitcoin illegal because <protect children/terrorist>. MtGox accounts seized."
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