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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805432 times)
thoughtfan
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April 01, 2013, 10:48:53 PM
 #17221

And in the meantime the bid/ask sum ratio is creeping back up again as the ask sum drops off.


Please disregard Litecoin and Zcash badges to the left. I have just gathered they are an April fool's joke!
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BitcoinTate
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April 01, 2013, 11:28:38 PM
 #17222

Any thoughts on where we will be by this time tomorrow? $115? $125?

- aka The "DigiMan"
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April 02, 2013, 12:40:02 AM
 #17223

Any thoughts on where we will be by this time tomorrow? $115? $125?

I think $102-$109 if we're lucky.

If lots more asks aren't placed above $109 I suspect it's going to turn very bad very quickly.
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April 02, 2013, 01:00:00 AM
 #17224

The price, being a little fluffy at the moment, is susceptible to bad news. Bitcoin Central and/or Instawallet getting raided and losing everyone's money would cause a news splash and a crash, especially since it throws cold water on the "move your money out of banks and into Bitcoin" theme that the media is running with. It would be a great buying op, could take us down to $60. Otherwise, we're likely to continue this meteoric rise.

Unless the hypothetical thief dumps all his coins at once I doubt we'll see anything to crazy.  The fork issue was a MUCH larger test of bitcoin than this.

I'm not sure, this may be true for us in the know how bad a double spend is. I doubt the general population can even relate to what that problem is. They can however relate to "BITCOIN HACKED UNSAFE SELL!" as we've witnessed before. I still doubt a large effect, though.

EDIT: journalists own coins Wink

+1

And about the EDIT, yes, you can turn nearly everyone into a evangelical of bitcoin with vested interest, without even having to disclose, isn't that kinda sinister? Wink

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aurora
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April 02, 2013, 01:02:20 AM
 #17225

i just bought some which means we are bout to go down big time. I'm just not good at making money this way
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April 02, 2013, 01:04:35 AM
 #17226

i just bought some which means we are bout to go down big time. I'm just not good at making money this way
Have faith in the coin! Satoshi is cyberchrist! lol! Tomorrow will be a big jump, don't worry.

- aka The "DigiMan"
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April 02, 2013, 01:07:21 AM
 #17227

Fundamentals look sound, boys.  Got 10mil in bids and asks are still strugglin to stay above 40k

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April 02, 2013, 01:08:56 AM
 #17228

I would prepare the price to settle down somewhere around here for a while, I mean, even if I were ridiculously optimistic, I still need time to plan for my life when money is no longer a problem right?

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April 02, 2013, 01:17:04 AM
 #17229

i just bought some which means we are bout to go down big time. I'm just not good at making money this way

Anyone buying in at $100 needs to have patience and just sit on their holding and give it a chance.
Based upon 2012 growth rate, the target fx rate for end of 2013 was $50. Now maybe it will be $500 instead. However it just may dip back to $50 first. I hope not, but if it does, don't panic!

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April 02, 2013, 01:20:06 AM
 #17230

i just bought some which means we are bout to go down big time. I'm just not good at making money this way

Anyone buying in at $100 needs to have patience and just sit on their holding and give it a chance.
Based upon 2012 growth rate, the target fx rate for end of 2013 was $50. Now maybe it will be $500 instead. However it just may dip back to $50 first. I hope not, but if it does, don't panic!
If it dips back to $50 I will be buying all I can!

- aka The "DigiMan"
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April 02, 2013, 01:33:18 AM
 #17231

I tought I was crazy when I bought some at $59  Tongue
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April 02, 2013, 01:39:48 AM
 #17232

I tought I was crazy when I bought some at $59  Tongue
Did you regret it though? Tongue

I sold earlier and then bought back in @27.I would have had a whole lot more BTC if I knew about the Intersango fiasco.

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April 02, 2013, 01:44:23 AM
 #17233

Wow what a crazy April Fool's Day... Now Namecoin is rallying too, after Bitcoin and Litecoin hit new all-time highs.

I know this because Tyler knows this.
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April 02, 2013, 02:07:12 AM
 #17234

Wow what a crazy April Fool's Day... Now Namecoin is rallying too, after Bitcoin and Litecoin hit new all-time highs.

Namecoin, Litecoin, Poopcoin.  All scammer-coins that are trying to bring Quantitative Easing to BTC.

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April 02, 2013, 02:09:24 AM
 #17235

Wow what a crazy April Fool's Day... Now Namecoin is rallying too, after Bitcoin and Litecoin hit new all-time highs.

Namecoin, Litecoin, Poopcoin.  All scammer-coins that are trying to bring Quantitative Easing to BTC.
Why would anyone waste their time on anything but BTC? Namecoin and "poopcoin"... they are the path to the dark side!

- aka The "DigiMan"
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April 02, 2013, 02:13:55 AM
 #17236

Wow what a crazy April Fool's Day... Now Namecoin is rallying too, after Bitcoin and Litecoin hit new all-time highs.

Namecoin, Litecoin, Poopcoin.  All scammer-coins that are trying to bring Quantitative Easing to BTC.

Nah.  Namecoin makes sense.  It has a use-case that's different from and complimentary to bitcoin.

Litecoin?  What is that stuff?  Makes no sense to me.

Dankedan: price seems low, time to sell I think...
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April 02, 2013, 02:15:58 AM
 #17237

Here's a proper wall pic now that I'm back. You guys have been seriously slacking this weekend  Angry


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
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April 02, 2013, 02:50:09 AM
 #17238

btcchina at 739 Yuan = 119 USD

Meanwhile, MtGox bids climbing and asks falling Cheesy

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April 02, 2013, 03:07:10 AM
 #17239

So we are going to hit $120 tomorrow! Yay!

- aka The "DigiMan"
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April 02, 2013, 03:18:06 AM
 #17240

Wow what a crazy April Fool's Day... Now Namecoin is rallying too, after Bitcoin and Litecoin hit new all-time highs.

Namecoin, Litecoin, Poopcoin.  All scammer-coins that are trying to bring Quantitative Easing to BTC.
Why would anyone waste their time on anything but BTC? Namecoin and "poopcoin"... they are the path to the dark side!

Not spending any time on it, but I've got a bunch of NMC from merged mining. Didn't seem worth selling at the time, so I thought just keep it.
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