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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805344 times)
mb300sd
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March 06, 2013, 08:07:17 AM
 #12481


1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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March 06, 2013, 08:16:43 AM
 #12482


1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
solex
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100 satoshis -> ISO code


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March 06, 2013, 08:22:55 AM
 #12483

If it does not bounce back off the wall at $47 then $50 will be hit soon..

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March 06, 2013, 08:36:26 AM
 #12484



t- 30 minutes until the owner of this wall is kicking himself

Bro, do you even blockchain?
-E Voorhees
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HODL OR DIE


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March 06, 2013, 08:51:48 AM
 #12485

One can be selling to complete some sort of business transaction; not every buyer and seller in the market is an evil speculator....

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March 06, 2013, 08:57:30 AM
 #12486

As if 7 dollars per day is not enough....

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Le Happy Merchant
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March 06, 2013, 08:58:02 AM
 #12487

correction is now

solex
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100 satoshis -> ISO code


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March 06, 2013, 09:03:16 AM
 #12488

correction is now

Don't be hasty. Someone unloaded 3k coins but the market shrugged it off. There isn't a rush for the door...

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March 06, 2013, 09:06:25 AM
 #12489

correction is now

Don't be hasty. Someone unloaded 3k coins but the market shrugged it off. There isn't a rush for the door...

I watched it happen, and it makes me think that there is something fundamentally wrong with this upswing in price.

thefiniteidea
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"In Us We Trust"


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March 06, 2013, 09:11:57 AM
 #12490

correction is now

I agree. We just hit 500 Million on the Market Cap. That's huge. We should see something happen right about now. Not a total collapse, but some sort of consolidation or retracement.

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March 06, 2013, 09:12:39 AM
 #12491



scary ghost lines, scooby doo where are you!

BTCCharts.com - still for free!
solex
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March 06, 2013, 09:15:42 AM
 #12492

There are a huge amount of cold storage coins coming out and probably being thrown into the lava at Mt Gox.

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

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I have some bitcoins. Somewhere.


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March 06, 2013, 09:17:34 AM
 #12493

There are a huge amount of cold storage coins coming out and probably being thrown into the lava at Mt Gox.

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

well, i tried to market sell some bitcoins on mtgox and they've been sitting there for 10 minutes

Dacentec Dedicated Servers (Lenoir, NC, USA) from $25/mo & Time4VPS Storage VPS' (Vilnius, Lithuania) from €18/qtr & Hetzner's serverbidding, from ~€20/mo -- had bitcoin nodes & p2pool (dacentec, hetzner) for several years on these.  Only two are affiliate links too, kek! -------  Feel free to join my G2A Goldmine Pyramid Scheme Team, or possibly even buy a Steam game from there.  Maybe.
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March 06, 2013, 09:18:07 AM
 #12494

Looks like a whale wants to manipulate down or is cashing out. I guess we will know once they get removed or are eaten.

Bro, do you even blockchain?
-E Voorhees
oakpacific
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March 06, 2013, 09:20:57 AM
 #12495

There are a huge amount of cold storage coins coming out and probably being thrown into the lava at Mt Gox.

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

It is by no means huge if you look at the historical levels, especially at this price point it's not huge.

I hope it's because most of the early adopters have all but cashed out, let's see.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
zvs
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March 06, 2013, 09:23:37 AM
 #12496

There are a huge amount of cold storage coins coming out and probably being thrown into the lava at Mt Gox.

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

well, i tried to market sell some bitcoins on mtgox and they've been sitting there for 10 minutes

ok, after i wrote this i went and relisted it as a sell at $1 and it sold for 45

it was $46.85 or something like that when i initially put it in as a market sell

Dacentec Dedicated Servers (Lenoir, NC, USA) from $25/mo & Time4VPS Storage VPS' (Vilnius, Lithuania) from €18/qtr & Hetzner's serverbidding, from ~€20/mo -- had bitcoin nodes & p2pool (dacentec, hetzner) for several years on these.  Only two are affiliate links too, kek! -------  Feel free to join my G2A Goldmine Pyramid Scheme Team, or possibly even buy a Steam game from there.  Maybe.
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March 06, 2013, 09:30:02 AM
 #12497

There are a huge amount of cold storage coins coming out and probably being thrown into the lava at Mt Gox.

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

well, i tried to market sell some bitcoins on mtgox and they've been sitting there for 10 minutes

ok, after i wrote this i went and relisted it as a sell at $1 and it sold for 45

it was $46.85 or something like that when i initially put it in as a market sell

Can someone PLEASE start an exchange that isn't a complete PIECE OF SHIT.  Just for shits and giggles, I tried to sell 1 BTC at market.. that was 10 minutes ago.. still hasn't sold.

MTGox should go back to exchanging trading cards.

Enigma
solex
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100 satoshis -> ISO code


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March 06, 2013, 09:30:47 AM
 #12498

correction is now

Don't be hasty. Someone unloaded 3k coins but the market shrugged it off. There isn't a rush for the door...

I watched it happen, and it makes me think that there is something fundamentally wrong with this upswing in price.

Respect Le Happy Merchant. He called it!

lebing
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March 06, 2013, 09:32:32 AM
 #12499

correction is now

This doesnt look like normal market behavior at all. The asks piling up all at the same time followed by the sells and you posting at the same time.... hm...

Bro, do you even blockchain?
-E Voorhees
TradeFortress
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March 06, 2013, 09:36:54 AM
 #12500

There are a huge amount of cold storage coins coming out and probably being thrown into the lava at Mt Gox.

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

well, i tried to market sell some bitcoins on mtgox and they've been sitting there for 10 minutes

ok, after i wrote this i went and relisted it as a sell at $1 and it sold for 45

it was $46.85 or something like that when i initially put it in as a market sell

Can someone PLEASE start an exchange that isn't a complete PIECE OF SHIT.  Just for shits and giggles, I tried to sell 1 BTC at market.. that was 10 minutes ago.. still hasn't sold.

MTGox should go back to exchanging trading cards.

Enigma
<TradeFortress> ;;goxlag
<gribble> 272.044275 seconds
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