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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1648974 times)
Spaceman_Spiff
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February 25, 2013, 09:37:42 PM
 #11261

we're looking pretty steady and low volume today...

It is boring, but probably good for bitcoin  Smiley
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thoughtfan
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February 25, 2013, 10:47:25 PM
 #11262

we're looking pretty steady and low volume today...

It is boring, but probably good for bitcoin  Smiley
Agreed.  It brings me more confidence that this will not turn into a bubble.  The longer it hangs around at any price being boring the more likely the 'in it only for a quick buck' posse are to get bored and go and find something else to blindly stick their dollars into.  My guess is we're better off without them because they are those who would also likely panic sell and exacerbate corrections increasing the risk of their becoming crashes.

Also, just on a selfish note I'm pleased the price hung around here long enough for me to get my last chunk in at £20 Smiley  Thanks market Cheesy

If you have a machine on 24/7 why not have a full Bitcoin client running on it to support the network?
hazek
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February 25, 2013, 10:48:29 PM
 #11263

Such a slow Monday.. Everyone taking a breather or is this just the calm before the storm? : Lips sealed

EDIT: gah.. should have refreshed the page, it seems I'm not the only one who's thinking along the same lines  Cheesy

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

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February 25, 2013, 10:51:18 PM
 #11264

we're looking pretty steady and low volume today...

It is boring, but probably good for bitcoin  Smiley

There's what I'd call an 'invisible wall' at 30.40 which gets topped up to the 500+ BTC mark every time it sells out and the price goes higher. I've noticed this has happened repeatedly today. I've been watching on and off for the last 10 hours or so.

It looks like someone is selling off a large amount of BTC in blocks of around 500 at a time so it doesn't appear as a single large ask which would probably drive the price down towards and eventually eat into the bids.

I haven't been watching the BTC orderbooks that closely until recently so I'm not sure if this kind of thing happens very often.

Just a little observation.
Gatekeeper
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February 25, 2013, 11:01:46 PM
 #11265

yeah i noticed same thing, yesterdays high was something like 30.38 so i was looking to see if we would top that but 30.4 seems to be the ceiling just now. Boring day really but i'm happy with it, no panic sells or anyone getting itchy, just a calm day.

(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
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February 25, 2013, 11:31:09 PM
 #11266

Well, it's a low volume day:


So even if there is an iceberg at 30.40, it is not the kind that will suddenly rise and crash the price. Hey! Liquidity everyone! Grin

Energizer
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February 26, 2013, 12:13:36 AM
 #11267

If you think its a low volume day you are mistaken. Usually a low volume day is a signal for a storm; same day midnight or next day. Be ready and don't forget to fasten your seatbelt Wink
ThickAsThieves
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February 26, 2013, 12:23:07 AM
 #11268

If you think its a low volume day you are mistaken. Usually a low volume day is a signal for a storm; same day midnight or next day. Be ready and don't forget to fasten your seatbelt Wink

The "day" just started 18 minutes ago.


About to start going up again.
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February 26, 2013, 02:09:43 AM
 #11269

If you think its a low volume day you are mistaken. Usually a low volume day is a signal for a storm; same day midnight or next day. Be ready and don't forget to fasten your seatbelt Wink

The "day" just started 18 minutes ago.


About to start going up again.

and you know becuase you're about to buy 1000?

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ThickAsThieves
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February 26, 2013, 03:00:49 AM
 #11270

I could just see the impending bump in the charts. However, that invisible wall at 30.40 might be real.
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February 26, 2013, 03:44:18 AM
 #11271

Bulls should take a nap and prepare for the final assault to $32 castle.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
mb300sd
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February 26, 2013, 04:23:46 AM
 #11272

Namecheap is accepting bitcoin... We're going UP!

http://www.reddit.com/r/Bitcoin/comments/197h9g/namecheap_considering_bitcoin/

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
myself
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chaos is fun...…damental :)


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February 26, 2013, 05:28:41 AM
 #11273

nice more selling and more btc on the market

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
oakpacific
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February 26, 2013, 05:44:13 AM
 #11274

nice more selling and more btc on the market

Typical bear logic:

No business using Bitcoin=no fundamental value=market crash!
More and more businesses start using Bitcoin=more selling=market crash!

Just saying. Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
myself
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chaos is fun...…damental :)


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February 26, 2013, 07:38:32 AM
 #11275

nice more selling and more btc on the market

Typical bear logic:

No business using Bitcoin=no fundamental value=market crash!
More and more businesses start using Bitcoin=more selling=market crash!

Just saying. Grin
for the record i did no say that you did, you got to that conclusion i did not

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
oakpacific
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February 26, 2013, 07:42:42 AM
 #11276

nice more selling and more btc on the market

Typical bear logic:

No business using Bitcoin=no fundamental value=market crash!
More and more businesses start using Bitcoin=more selling=market crash!

Just saying. Grin
for the record i did no say that you did, you got to that conclusion i did not

I quoted you but I did not say it's you, so the"just saying" part.Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
keewee
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February 26, 2013, 09:42:02 AM
 #11277

Going up!


1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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February 26, 2013, 09:42:17 AM
 #11278



something will happen

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giszmo
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February 26, 2013, 09:47:21 AM
 #11279

If you think its a low volume day you are mistaken. Usually a low volume day is a signal for a storm; same day midnight or next day. Be ready and don't forget to fasten your seatbelt Wink

The "day" just started 18 minutes ago.

Gnah! I asked them to add an extra striped semi invisible bar that represents the last 24h instead of this ridiculous calender day thingy they have now. This last bar is just worthless now.

robocoin
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February 26, 2013, 10:32:31 AM
 #11280

Brought to you with EUROs! (with 2,5% currency conversion...)

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