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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652486 times)
Missionary
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March 31, 2013, 06:07:24 PM
 #16921

29.47k to $100.

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Luno
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March 31, 2013, 06:09:07 PM
 #16922

Love the action this weekend. Feels like we're building a nice base here above $90.

Buyside above $64 doubled in 3 days. Natural buying pressure?

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March 31, 2013, 06:10:48 PM
 #16923

29.47k to $100.

Thats certainly not nothing at these price levels - though I wonder how much of that will be removed by Tuesday

Bro, do you even blockchain?
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March 31, 2013, 07:08:33 PM
 #16924

$93 touching again, from below. we can relax for now …
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March 31, 2013, 07:10:45 PM
 #16925

Love the action this weekend. Feels like we're building a nice base here above $90.

I concur with this assessment.

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March 31, 2013, 07:21:07 PM
 #16926


Minding the walls.


We went through a period where it was briefly tough and now there are 1400 new billionaires in the world - maybe some capital was misallocated... --Kyle Bass
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March 31, 2013, 07:35:06 PM
 #16927

Pretty good sell off the past 5 minutes. $91.00

I also like that "a good selloff" takes us to $91, lol

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March 31, 2013, 07:39:20 PM
 #16928


Minding the walls.



Hey, stay on topic!!!   Grin

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March 31, 2013, 07:59:57 PM
 #16929



Coma.
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March 31, 2013, 08:13:41 PM
 #16930



Coma.

Bitcoin is dead! Wheres the defib?
narousberg
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March 31, 2013, 08:20:07 PM
 #16931

bitcoin ok, but price is bad

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March 31, 2013, 08:25:30 PM
 #16932

bitcoin ok, but price is bad

There's very little for sale near the lowest ask but it looks like things might be starting to move.
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March 31, 2013, 08:59:03 PM
 #16933

Dear guy with the 2k sell wall @ 93.5,

                                                    Everyone hates you.

     
                                                                                   Bear
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March 31, 2013, 09:06:45 PM
 #16934

Take a look at the big scheme of things. The price is well within the realms of fantastic growth.

Bear in mind: it's Easter and $100 is a BIG psychological hurdle.



Those lines are pretty!!! $1 probably was an even bigger psychological hurdle. 

I think it's silly to draw lines on such a chart and expect that to convey something about the future. 

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March 31, 2013, 09:15:42 PM
 #16935


I think it's silly to draw lines on such a chart and expect that to convey something about the future. 

Is all technical analysis a waste of time then? Or just this rather optimistic log projection?

Surely it's worthwhile looking where we headed until we inevitably change course?

I tweet crypto nonsense: https://twitter.com/DunningKruger_
Rothgar
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March 31, 2013, 09:18:13 PM
 #16936


Is all technical analysis a waste of time then?


Yes


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Rothgar
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March 31, 2013, 09:21:05 PM
 #16937

Predicting the change of course is MUCH more valuable and interesting.  If there is a "change in course" then your lines convey nothing about the future, and it is silly to think they convey something about the future.

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March 31, 2013, 09:21:27 PM
 #16938


Is all technical analysis a waste of time then?


Yes



Then you have to concede that the price could go to $0 or to $1M in the next day. In fact the next second. If you use charts before you buy and sell, you are doing technical analysis.

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March 31, 2013, 09:22:43 PM
 #16939

Psyhology more important on this market

Beta-coiner1
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March 31, 2013, 09:27:06 PM
 #16940

Dear guy with the 2k sell wall @ 93.5,

                                                    Everyone hates you.

     
                                                                                   Bear
Heh,Yeah I think we'd be over 94.5 by now just like Bitstamp.I guess someone is trying to buy the cheaper coins first before the anticipated price increase due to Cyprus banks.

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