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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1651913 times)
chrsjrcj
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April 05, 2013, 12:43:11 PM
 #18501

I think people are just trying to cool the rally. It literally would harm Bitcoin for the price to rise at this speed (weekly doubling) for much longer, because by the time we hit $10,000 (next month!) all sorts of shit is going to start breaking and the ensuing chaos will break even more stuff, then giant crash. I don't think this will happen, but that's because I don't think we will go up at this insane pace for much longer without big pulbacks.

Coinbase is already toast, and Gox will likely be soon. The infrastructure needs a little time to adapt.

That said, a run to triple digits this month wouldn't alarm me much. But if the pace didn't slow after that I'd be worried.

what currency are you talking about?

mBTC I suppose.  Cheesy
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April 05, 2013, 12:44:37 PM
 #18502

Gox is most idiotic market ever... they bloody log me off each 20 minutes and I bought numerous times when I wanted to sell because of this. I am on sell tab for some time, these f****rs log me off and I instinctively click the button thinking I'm scheduling a sale order.

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April 05, 2013, 12:52:53 PM
 #18503

Gox is most idiotic market ever... they bloody log me off each 20 minutes and I bought numerous times when I wanted to sell because of this. I am on sell tab for some time, these f****rs log me off and I instinctively click the button thinking I'm scheduling a sale order.

Move your funds elsewhere.
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April 05, 2013, 12:54:02 PM
 #18504

I think people are just trying to cool the rally. It literally would harm Bitcoin for the price to rise at this speed (weekly doubling) for much longer, because by the time we hit $10,000 (next month!) all sorts of shit is going to start breaking and the ensuing chaos will break even more stuff, then giant crash. I don't think this will happen, but that's because I don't think we will go up at this insane pace for much longer without big pulbacks.

Coinbase is already toast, and Gox will likely be soon. The infrastructure needs a little time to adapt.

That said, a run to triple digits this month wouldn't alarm me much. But if the pace didn't slow after that I'd be worried.

what currency are you talking about?

Bitdimes Wink

Yeah I meant quadruple digits.
Spaceman_Spiff
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April 05, 2013, 12:58:41 PM
 #18505

I think people are just trying to cool the rally. It literally would harm Bitcoin for the price to rise at this speed (weekly doubling) for much longer, because by the time we hit $10,000 (next month!) all sorts of shit is going to start breaking and the ensuing chaos will break even more stuff, then giant crash. I don't think this will happen, but that's because I don't think we will go up at this insane pace for much longer without big pulbacks.

Coinbase is already toast, and Gox will likely be soon. The infrastructure needs a little time to adapt.

That said, a run to triple digits this month wouldn't alarm me much. But if the pace didn't slow after that I'd be worried.

what currency are you talking about?

Bitdimes Wink

Yeah I meant quadruple digits.

Quadruple digits would make me a very very happy man  Smiley, and I guess I am not the only one here  Grin .
I wonder if we would go that far this bull run though...
I am still bullish for the coming weeks. 2 months from now: not so much.
dohse
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April 05, 2013, 01:21:21 PM
 #18506

Your daily opportunity to yell at the noob, brought to you by dohse:

Zangelbert Bingledack
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April 05, 2013, 01:27:28 PM
 #18507

I'm guessing Coinbase will have its trial-by-fire soon (now?) or other mishap will happen in the next few days/weeks to cool things off. It's all about timing.

Of course there is also the possibility of more very good news...
DougTanner
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April 05, 2013, 01:27:40 PM
 #18508

Pretty uneventful night, if the weekend continues like this there's going to be a fucking huge explosion Monday (bids USD at ATH, ask sum still very low, Bitstamp/Virtex/BtcCN still way ahead).


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
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April 05, 2013, 01:33:04 PM
 #18509

Quadruple digits would make me a very very happy man  Smiley, and I guess I am not the only one here  Grin .

We're gonna need a "Counseling for the Newly Wealthy" thread pretty soon Grin
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April 05, 2013, 01:47:58 PM
 #18510

Quadruple digits would make me a very very happy man  Smiley, and I guess I am not the only one here  Grin .

We're gonna need a "Counseling for the Newly Wealthy" thread pretty soon Grin

A few more months like this will do the trick  Grin.
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April 05, 2013, 01:52:25 PM
 #18511

Quadruple digits would make me a very very happy man  Smiley, and I guess I am not the only one here  Grin .

We're gonna need a "Counseling for the Newly Wealthy" thread pretty soon Grin

A few more months like this will do the trick  Grin.

I'm still going for quintuple digits this year.

Right now, there is an unbelievable amount of FUD spread by the press. Out of the last ten articles I've read, nine were downright negative. It seems people feel smart about themselves if they can point towards something they don't understand and call it a bubble, hoping they are right in the end.
 
Well obviously they are not. There will be a huge swarm of newbies heading for Bitcoin and those who take the time to learn about the system will find out it's fucking fantastic. All these guys will be buyers next week.

mccorvic
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April 05, 2013, 02:13:56 PM
 #18512

Bids just jumped up and close to 12mil.  Things will stay interesting today I think.

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April 05, 2013, 02:16:26 PM
 #18513

Bids just jumped up and close to 12mil.  Things will stay interesting today I think.

Better bring out the power hamsters!


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April 05, 2013, 02:19:42 PM
 #18514

Bids just jumped up and close to 12mil.  Things will stay interesting today I think.

Better bring out the power hamsters!




All Gox really has to do is switch to the high protein hamster food.
mccorvic
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April 05, 2013, 02:35:32 PM
 #18515

Can't we just send them more hamsters?

Only so many hamster you can stick in one hamster wheel.

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justusranvier
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April 05, 2013, 02:45:25 PM
 #18516

deeplink
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April 05, 2013, 02:48:48 PM
 #18517

http://www.youtube.com/watch?v=6WpMlwVwydo
Piper67
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April 05, 2013, 02:55:19 PM
 #18518

Bid sum almost at 12 mil... just sayin'
mccorvic
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April 05, 2013, 02:59:29 PM
 #18519

Bid sum almost at 12 mil... just sayin'

Muw-hahahhaha.  Rally everyday!

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April 05, 2013, 03:05:59 PM
 #18520

All set for rally!  Let's go!

edit: Depth to $150 dropping like a rock, only 21k btc now.

(BFL)^2 < 0
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