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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805440 times)
BitcoinTate
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April 03, 2013, 02:47:02 AM
 #17521

I cant sleep!


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narousberg
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April 03, 2013, 02:47:34 AM
 #17522

yes, yes, yes 120$

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April 03, 2013, 02:47:41 AM
 #17523

Someone just took out the wall! $121

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April 03, 2013, 02:48:52 AM
 #17524


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solex
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100 satoshis -> ISO code


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April 03, 2013, 02:49:42 AM
 #17525

Heh. This is what's called a correction. You'd expect a deflationary currency to correct upwards  Cheesy

HAHAHA Brilliant!

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Crypto is the separation of Power and State.


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April 03, 2013, 02:50:49 AM
 #17526



THIS  IS  MADNESS !!!

2 minute lag!?  Where's the lulslug?!


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
mccorvic
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April 03, 2013, 02:54:25 AM
 #17527

So, who knew that the price would hit hyper-drive after 109? I sure didn't.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
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April 03, 2013, 02:55:16 AM
 #17528

wtf?

BTCCharts.com - still for free!
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April 03, 2013, 02:55:49 AM
 #17529


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BitcoinTate
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April 03, 2013, 02:56:32 AM
 #17530

Gox lag can suck my balls!

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April 03, 2013, 02:59:49 AM
 #17531

... just a normal Tuesday / Wednesday then!!

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April 03, 2013, 03:01:34 AM
 #17532

Haven't seen Loaded around for quite some time.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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April 03, 2013, 03:01:45 AM
 #17533

$123

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April 03, 2013, 03:04:23 AM
 #17534



Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?

Not at all.

This is exactly the same behaviour as when we breached $50.

The % gains aren't all that odd -- same as before. Only now the numbers are bigger.

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April 03, 2013, 03:05:34 AM
 #17535


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April 03, 2013, 03:06:38 AM
 #17536

Dude! +30% in 1.5 day?


BTCCharts.com - still for free!
TheJuice
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April 03, 2013, 03:06:56 AM
 #17537



Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?

Not at all.

This is exactly the same behaviour as when we breached $50.

The % gains aren't all that odd -- same as before. Only now the numbers are bigger.

BTC China is at 144 per BTC.

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April 03, 2013, 03:07:42 AM
 #17538

124$
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April 03, 2013, 03:09:51 AM
 #17539

Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?

Yes, a bit. The forum is showing that giddy kind of euphoria with lots of swagger and bravado and posts about huge anticipated prices that once often sees at the top in a market.

However. Keep in mind this is just the forum. Which is the tiniest sliver of the world. Sentiment indicators tell you it's a top when the sentiment is at a max. But the vast majority of potential bitcoin buyers probably don't know it exists yet. So I wouldn't take the sentiment you see here as any kind of broad indicator. Just read the comments in the latest Zero Hedge article that might mention bitcoin. They are almost uniformly hostile towards it, and so complacent in their ignorance. And those are relatively well-informed people who should know better.

Here are a couple things I think give some perspective:

The Fed's open market operations are buying up ~$80B every month. New money into the monetary base. At the current price bitcoin's total value (valued at $100/coin) is about $1B (order of magnitude). So the fed is "spending" 80x bitcoin's market cap every single month. That's a lot of dollars looking for somewhere to go.

If the bitcoin were regarded as an equal asset class as gold, such that the value of all bitcoins had the same dollar value as all gold in existence, bitcoins would be worth ~ $1 million/coin. (based on ~$10 trillion being the value of all gold in existence, and the current ~10 million bitcoins).

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April 03, 2013, 03:11:52 AM
 #17540

Bull 1: Where's proudhon in this picture?
Bull 2: Oh, right there maybe!  Enhance!
Bull 1: Don't see him.  Wait, I have an idea, let me zoom out!
Bull 2: Still no proudhon.
Bull 1: Wait hold on, zoom out a little more. Just a sec.
...
There he is!
Bull 2: I can't see him.
Bull 1: Right there, back at $8.  He sold everything at $8.  Ha!  We sure left him behind...

(BFL)^2 < 0
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