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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1650828 times)
rpietila
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March 09, 2013, 07:18:40 PM
 #13041



I am aware of decisions made today that will take us to $48.60000, ceteris paribus.

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March 09, 2013, 08:14:48 PM
 #13042

I'm really surprised at how much buying there is for a Sat.

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March 09, 2013, 09:06:24 PM
 #13043

Agreed.  I got in early.  Not quite $1 early, but after the first rise and fall.  Now granted, I figure I'm doing alright with mining but yeah, if I had the capital back then to buy up a bunch of coins at $2, or $5, etc., I'd be more than happy.  But then again that's the risk we all take to an extent and I could imagine it being quite painful to have fully sold all coins at a (then) high price.  But who's to say the same isn't true today?  I'm happy the price is this high but if you're confident it's going to go far far above this, it's always time to buy.

It's a chicken-and-egg problem, if the early adopters had mined a hell load of coins and hoarded and refused to sell, the economy around bitcoin would not have developed, the price would have been nowhere near what it is now, to get people to join, they must redistributed the coins by selling them, (they may have done it involuntarily, we are all pawns of the invisible hand after all) eventually the free market will make things fair, that's why the unfair advantage of early adopters theory is a myth.

but but but...what if an early adopter had 50,000 coins and got arrested and was in jail for 3 years getting out now...i guess he'd just be rich then?

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March 09, 2013, 09:34:20 PM
 #13044

We may be up for a short term resolve within 15-30 minutes (wedge around $46 now).

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March 09, 2013, 09:59:59 PM
 #13045

I'm really surprised at how much buying there is for a Sat.

Remember those tens of thousands of Bitcoins sold last Wednesday? Where do you think all that fiat is sitting right now, back in the account holders' bank accounts?  Cheesy
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March 09, 2013, 10:12:24 PM
 #13046

I'm really surprised at how much buying there is for a Sat.

Remember those tens of thousands of Bitcoins sold last Wednesday? Where do you think all that fiat is sitting right now, back in the account holders' bank accounts?  Cheesy

Hehe, fair enough Cheesy

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March 09, 2013, 10:14:11 PM
 #13047

I'm really surprised at how much buying there is for a Sat.

Remember those tens of thousands of Bitcoins sold last Wednesday? Where do you think all that fiat is sitting right now, back in the account holders' bank accounts?  Cheesy

Of course not, cause money does not move on weekends.

...wait a moment. It is still there in MtGox!

....and new money coming on Monday.

hmm, I better  TICK ONE: BUY / SELL

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March 09, 2013, 10:27:32 PM
 #13048

Trends right now are looking pretty bullish.  There were 60k BTC to $50 a day ago, now there are <40k BTC:



90k to 444$

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March 09, 2013, 11:06:42 PM
 #13049


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.
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March 09, 2013, 11:14:35 PM
 #13050

This much upward pressure during the weekend.   Shocked

I'm sorry Adam.   Cry

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March 09, 2013, 11:36:30 PM
 #13051

This much upward pressure during the weekend.   Shocked

I'm sorry Adam.   Cry
Adam's caught out short again?? Oh, Adam. Adam, Adam, Adam.  Undecided

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March 09, 2013, 11:41:50 PM
 #13052

This much upward pressure during the weekend.   Shocked

I'm sorry Adam.   Cry
Adam's caught out short again?? Oh, Adam. Adam, Adam, Adam.  Undecided

I still have my long term holdings... I'll be fine  Tongue

I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ )  and if it goes up to 100's of dollars, that's cool too  Grin

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March 09, 2013, 11:42:25 PM
 #13053

This much upward pressure during the weekend.   Shocked

I'm sorry Adam.   Cry

Yea, it makes me excited/fearful of the rocket that will launch on Monday!

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March 09, 2013, 11:44:25 PM
 #13054

This much upward pressure during the weekend.   Shocked

I'm sorry Adam.   Cry

Yea, it makes me excited/fearful of the rocket that will launch on Monday!

More likely Tuesday, I think.
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March 09, 2013, 11:48:45 PM
 #13055

This much upward pressure during the weekend.   Shocked

I'm sorry Adam.   Cry

Yea, it makes me excited/fearful of the rocket that will launch on Monday!

More likely Tuesday, I think.

Wednesday Wink

edit: I really should note that the recent correction and the looming ask walls should not look scary to anyone at all.  Here are some reasons

(1) Asks below $50 are down from 60k to 37k now, in one day.
(2) Though before the correction, bids were thin and the rally was unsustainable, we now have >25k coins above $40.
(3) We've recovered most of the ground that was covered in the crash.  We're almost at $47 right now.
(4) Bids are at an ALL TIME HIGH, $5.4 million.
(5) No daily red candles at all from the crash.
(6) This is all what happened over the weekend... imagine what it's going to be like when new money comes in. Smiley

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March 10, 2013, 12:00:02 AM
 #13056

I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ )  and if it goes up to 100's of dollars, that's cool too  Grin

$20 is cheap already?
Not many weeks ago that was eye-wateringly expensive!

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March 10, 2013, 12:09:51 AM
 #13057

Wall means unwilling to sell.

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March 10, 2013, 12:10:30 AM
 #13058

I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ )  and if it goes up to 100's of dollars, that's cool too  Grin

$20 is cheap already?
Not many weeks ago that was eye-wateringly expensive!


< $40 is cheap. Next month < $50 will be cheap.
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March 10, 2013, 12:19:25 AM
 #13059


Yea, it makes me excited/fearful of the rocket that will launch on Monday!
Yeah,I'm thinking the same.The push over the weekend seems to be more of a micro rally but still quite noticeable.I'm thinking possibly ~$56 by the end of next week.

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March 10, 2013, 12:37:14 AM
 #13060


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.
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