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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811501 times)
Bowjob
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March 14, 2013, 11:24:18 AM
 #13581

Hit 48 already geez

It seemed like a good idea at the time.
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Zomdifros
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March 14, 2013, 12:10:44 PM
 #13582

Hit 48 already geez

Could it be that certain players don't want the price to break 50 just yet? The same thing seemed to be going on when the price almost hit the 32 all-time high.

My theory is that MtGox/CoinLab want to postpone a breakthrough so it can coincide with the launch of their operation in North America. That would look pretty good from a PR perspective.

On the other hand, it might be just a coincidence and I should leave my tinfoil hat at home.

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March 14, 2013, 12:23:05 PM
 #13583

Could it be that certain players don't want the price to break 50 just yet?
as long as there are enough sellers below the walls, that's fine and for most participants a win.
GeoRW
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March 14, 2013, 12:27:19 PM
 #13584

Hit 48 already geez

Could it be that certain players don't want the price to break 50 just yet? The same thing seemed to be going on when the price almost hit the 32 all-time high.

My theory is that MtGox/CoinLab want to postpone a breakthrough so it can coincide with the launch of their operation in North America. That would look pretty good from a PR perspective.

On the other hand, it might be just a coincidence and I should leave my tinfoil hat at home.

50$ is a psychological barrier. Once we get through, next stop is 60$. But 50$ is a pretty strong number  Wink
laughingbear
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March 14, 2013, 12:29:20 PM
 #13585

Its a strong sell wall barrier that is holding us back.
Piper67
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March 14, 2013, 12:43:15 PM
 #13586

Hit 48 already geez

Could it be that certain players don't want the price to break 50 just yet? The same thing seemed to be going on when the price almost hit the 32 all-time high.

My theory is that MtGox/CoinLab want to postpone a breakthrough so it can coincide with the launch of their operation in North America. That would look pretty good from a PR perspective.

On the other hand, it might be just a coincidence and I should leave my tinfoil hat at home.

Hmmm... and then there's that silly million dollar wall. I mean, if I had a million dollars and wanted to monetize them with BTC, would I put a wall at 30, or would I start buying and creating upwards pressure, perhaps in chunks of $100k? It's all very mysterious... stay tuned  Cheesy
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March 14, 2013, 01:03:47 PM
 #13587

Could it be that certain players don't want the price to break 50 just yet?
as long as there are enough sellers below the walls, that's fine and for most participants a win.

True, the price will go up eventually and it leaves us mortals the chance to acquire some cheap coins before Bitcoin rules the world. The SEC isn't around to prevent insider trading and I think this is definitely a good thing.


Hmmm... and then there's that silly million dollar wall. I mean, if I had a million dollars and wanted to monetize them with BTC, would I put a wall at 30, or would I start buying and creating upwards pressure, perhaps in chunks of $100k? It's all very mysterious... stay tuned  Cheesy

Yeah I really wonder what that person is thinking. Hoping there will be another glitch perhaps?

DougTanner
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March 14, 2013, 01:17:15 PM
 #13588

Oh god the stability is killing me  Undecided


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
MoneyIsDebt
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March 14, 2013, 01:18:22 PM
 #13589

Hmmm... and then there's that silly million dollar wall. I mean, if I had a million dollars and wanted to monetize them with BTC, would I put a wall at 30, or would I start buying and creating upwards pressure, perhaps in chunks of $100k? It's all very mysterious... stay tuned  Cheesy

That's where the pirate hid his treasure... at $30
waspoza
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March 14, 2013, 01:36:48 PM
 #13590

Almost 8 mil in bids, this shit went out of control! Wink

labestiol
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March 14, 2013, 01:47:22 PM
 #13591

Almost 8 mil in bids, this shit went out of control! Wink



Just when I thought I couldn't be more amazed at this chart....
When 50$ pops, it's going to get out of control  Grin

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
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March 14, 2013, 02:00:06 PM
 #13592

Almost 8 mil in bids, this shit went out of control! Wink
the asks are going up, too! will be interesting, indeed.
cheat_2_win
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March 14, 2013, 02:16:14 PM
 #13593

Almost 8 mil in bids, this shit went out of control! Wink
the asks are going up, too! will be interesting, indeed.

This is healthier than huge bid side with little or no asks. It seem people are comfortable selling at these price levels.
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March 14, 2013, 02:45:53 PM
 #13594

A big thanks to all those helping putting up ask walls around 50, the longer it stays under the better. Personaly, I am not taking that chance, but +rep for those who do.
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March 14, 2013, 03:02:39 PM
 #13595

A big thanks to all those helping putting up ask walls around 50, the longer it stays under the better. Personaly, I am not taking that chance, but +rep for those who do.

Well I don't know, personally, I can't wait to cash in some coins for 10k a piece. I'm getting tired of not being very rich.

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March 14, 2013, 03:39:40 PM
 #13596

A big thanks to all those helping putting up ask walls around 50, the longer it stays under the better. Personaly, I am not taking that chance, but +rep for those who do.

Well I don't know, personally, I can't wait to cash in some coins for 10k a piece. I'm getting tired of not being very rich.

This needs to be on a t-shirt.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
cheat_2_win
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March 14, 2013, 03:45:00 PM
 #13597

A big thanks to all those helping putting up ask walls around 50, the longer it stays under the better. Personaly, I am not taking that chance, but +rep for those who do.

Well I don't know, personally, I can't wait to cash in some coins for 10k a piece. I'm getting tired of not being very rich.

Good things come to those who can wait  Wink.
humanitee
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March 14, 2013, 04:26:53 PM
 #13598


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mccorvic
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March 14, 2013, 04:40:32 PM
 #13599

Market price is in the high $47s? Better dump so I can sell mine for a buck cheaper!

:bearlogic:

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robocoin
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March 14, 2013, 04:43:23 PM
 #13600

Scare-wall works every time... It'll disappear or get eaten. Maybe some appointment between big buyer and seller to meet at Mt.Gox  Grin

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