Wall Observer - MtGoxUSD wall movement tracker

[oakpacific]

Bitcoin millionaire joke: Kid, remember this: however rich you become with your bitcoin wealth, never spend more than 10,000 dollars per month, or you will have to get verified with Mt.Gox, and may get caught by a cop in the end!

I guess I would be fine with this limit.

[1714277988]

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[1714277988]

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[Spaceman_Spiff]

Just checked the queue, there are 5500 accounts pending verification at this very moment.

If it's not bullish, I don't know what is...

Imho gox fund clearance is holding this rally in check at the moment.

[oakpacific]

Just checked the queue, there are 5500 accounts pending verification at this very moment.

If it's not bullish, I don't know what is...

Imho gox fund clearance is holding this rally in check at the moment.

And weekends.

[Spaceman_Spiff]

Just checked the queue, there are 5500 accounts pending verification at this very moment.

If it's not bullish, I don't know what is...

Imho gox fund clearance is holding this rally in check at the moment.

And weekends.

Which is the same thing basically (though not only gox-caused)

[oakpacific]

MagicalTux said the staff is preparing the new financial report, any guess on the amount of fiats on Gox? I am very certain it's on the order of hundreds of millions of dollars.

[robocoin]

Hey, send a Satoshi to him:
https://bitcointalk.org/index.php?topic=155012.msg1667011#msg1667011

I'd like to see some illustrations for our thread 

[oakpacific]

MagicalTux said the staff is preparing the new financial report, any guess on the amount of fiats on Gox? I am very certain it's on the order of hundreds of millions of dollars.

seems like a high guestimate but maybe right

https://mtgox.com/press_release_20120831.html here is the report at the end of the August of 2012, in that August alone, Gox received about $ 5M in all currencies, of course the withdrawal was also high at about $3.5 M, but keep in mind that that month we had a major crash, and I think it's probably one man doing it(maybe pirate, who knows) as both EUR and GBP withdrawal volume took up a much smaller portion of the transferred volume than the USD, and in the first eight months of 2012, nearly $ 50M of fiats were transferred. Now, after seeing this unprecedented rally of the last months, I would say the amount of fiats stored on Gox must be much much higher than it was then, and hundreds of millions of dollars is a very reasonable estimate.

[aurora]

I have a good feeling about this week. 

did you cross your fingers?

[01BTC10]

We might crash all the way down to $99  

[rpietila]

And this: https://support.mtgox.com/entries/20490576-Withdrawals-and-Deposits

and this :https://support.mtgox.com/entries/21503347-New-AML-Policy-for-all-Dwolla-users

Wire: If you plan to send more than 50000 USD as an International Wire, we need to know who you are. Please refer to the "Increasing Transaction Limits" section for more information on what to provide us with. Also, you will need to let us know 3 days prior to sending the funds so we can notify our bank and do not send. Please note that we are unable to accept funds coming from any entity or country listed by the OFAC*

Meanwhile in Bitstamp,

Dear Risto,

Thank you for contacting us.

Yes your account is verified and it is ok to send any amount in one transfer.

[ineededausername]

Then and now...

notice the subtle difference in gradient at the beginning.

Well, looks like it didn't matter

[oakpacific]

And this: https://support.mtgox.com/entries/20490576-Withdrawals-and-Deposits

and this :https://support.mtgox.com/entries/21503347-New-AML-Policy-for-all-Dwolla-users

Wire: If you plan to send more than 50000 USD as an International Wire, we need to know who you are. Please refer to the "Increasing Transaction Limits" section for more information on what to provide us with. Also, you will need to let us know 3 days prior to sending the funds so we can notify our bank and do not send. Please note that we are unable to accept funds coming from any entity or country listed by the OFAC*

Meanwhile in Bitstamp,

Dear Risto,

Thank you for contacting us.

Yes your account is verified and it is ok to send any amount in one transfer.

Shrewd Finn. I would not feel safe sending large amount of my money to Slovenia or Russia.

[mccorvic]

The panic buy back continues.

The 1 coin I bought on Friday morning has broken even again

[chrsjrcj]

And away we goes....

[Rothgar]

And this: https://support.mtgox.com/entries/20490576-Withdrawals-and-Deposits

and this :https://support.mtgox.com/entries/21503347-New-AML-Policy-for-all-Dwolla-users

Wire: If you plan to send more than 50000 USD as an International Wire, we need to know who you are. Please refer to the "Increasing Transaction Limits" section for more information on what to provide us with. Also, you will need to let us know 3 days prior to sending the funds so we can notify our bank and do not send. Please note that we are unable to accept funds coming from any entity or country listed by the OFAC*

The OFAC document is over 500 pages!!!  
http://www.treasury.gov/ofac/downloads/t11sdn.pdf

That's a lot of reading to figure out if you can do business at mtgox.  

[ineededausername]

whoa... is it...

a Sunday rally?

[proudhon]

Bull trap.

[labestiol]

Just thought I would post leave that here :

Looking back at spring of 2011. A time where more and more people where discovering bitcoin. Retrospectively the beginning of a big bubble.

Look similar ? See how this hanging man ended.



(http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyzczsg2011-04-11zeg2011-05-02ztgSzbgBza1gSMAzm1g15za2gSMAzm2g30zi1gVolzi2gMACDzi3gRSIzi4gAccDistzcv)

(http://bitcoincharts.com/charts/mtgoxUSD#rg30zigWeeklyztgSza1gSMAzm1g15za2gSMAzm2g30zi1gVolzi2gMACDzi3gRSIzi4gAccDistzcv)

Similar indeed  

[randomguy7]

Take this, weekend dip!

[mccorvic]

Bull trap.

No, Friday was just an Alpaca trap.