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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811036 times)
Nikolaj06
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April 08, 2013, 04:16:21 PM
 #19261

Woah 180 bid wall was bought up..

Edit. Silly bears, selling 1 k BTC at 10$ lower than what they can get if they just used their heads..

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WINSTARS -   We are changing the face of gamblingWHITEPAPERANN THREADTELEGRAMFACEBOOK ● Twitter
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April 08, 2013, 04:17:12 PM
 #19262

Wow, that tantrum continues.
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April 08, 2013, 04:17:27 PM
 #19263

I admire the traders for trying to cope with Gox lag.
Never again, personally.

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April 08, 2013, 04:17:29 PM
 #19264

Still going down. This is fun!


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April 08, 2013, 04:17:35 PM
 #19265


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April 08, 2013, 04:18:00 PM
 #19266

The price has risen too fast, it has gone parabolic, this is due to overspeculation, some may attribute it to price realization however growth like this has *Never* been sustainable. I would have much prefered a steadier growth.
Bitcoins current price is not in line with its utility value at this point in time, people are getting greedy looking for a get rich quick scheme. Bitcoin was not designed so we could all be millionaires, but designed as a decentralized currency where fees are an order of magnitude smaller than traditional payment methods as well as the inability for governments to devalue your money through hyperinflation.
People have begun hoarding their bitcoins rather than spending them and without active commerce bitcoins intrinsic value is nothing.
I can't tell for sure when the crash will happen, but I feel that we are nearing critical mass. It may reach $250-$300/BTC before it happens, however I feel it is inevitable.
I for one have liquidated my holdings.

More people are interested in Bitcoin therefore crash.
QED

People are interested in bitcoins to make a quick buck and not for its inherent value therefore crash.
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April 08, 2013, 04:18:54 PM
 #19267

It's only fun when i'm fiat D:


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April 08, 2013, 04:19:24 PM
 #19268


What? Bitcoin goes up $40 bucks in a day and you think it's sinking?


The price has risen too fast, it has gone parabolic, this is due to overspeculation, some may attribute it to price realization however growth like this has *Never* been sustainable. I would have much prefered a steadier growth.
Bitcoins current price is not in line with its utility value at this point in time, people are getting greedy looking for a get rich quick scheme. Bitcoin was not designed so we could all be millionaires, but designed as a decentralized currency where fees are an order of magnitude smaller than traditional payment methods as well as the inability for governments to devalue your money through hyperinflation.
People have begun hoarding their bitcoins rather than spending them and without active commerce bitcoins intrinsic value is nothing.
I can't tell for sure when the crash will happen, but I feel that we are nearing critical mass. It may reach $250-$300/BTC before it happens, however I feel it is inevitable.
I for one have liquidated my holdings.

More people are interested in Bitcoin therefore crash.
QED

People are interested in bitcoins to make a quick buck and not for its inherent value therefore crash.


You know this for sure because?

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April 08, 2013, 04:20:30 PM
 #19269

He knows this for sure because he has common sense and can read what people are typing.
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April 08, 2013, 04:20:53 PM
 #19270

He knows this for sure because he has common sense and can read what people are typing.

So he doesn't then.
Thanks.

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Fast, Secure, and Fully

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April 08, 2013, 04:21:04 PM
 #19271

Lag is melting away.


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April 08, 2013, 04:21:28 PM
 #19272

i was 14,250 in gox queue on Saturday, now i'm 11,800

(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
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April 08, 2013, 04:22:23 PM
 #19273

This thread never fails to amuse Smiley

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April 08, 2013, 04:22:41 PM
 #19274

i was 14,250 in gox queue on Saturday, now i'm 11,800

wow. if thats true and they are still at 15,000 they are processing over 1k apps per day?? even on the weekend?

Bro, do you even blockchain?
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April 08, 2013, 04:23:31 PM
 #19275

Some massive sells going on
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April 08, 2013, 04:26:37 PM
 #19276

To the bears who haven't already shat their pants: put in buy orders at $172 and $163 - repent and come back to the fold.

Oh how this thing ain't done yet.

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April 08, 2013, 04:27:00 PM
 #19277



You know this for sure because?

Don't get me wrong, I am all for the idea behind bitcoins, but this recent price run up is definitely not due to practical implementation of bitcoin for real world uses. The price is increasing because people have been reading news stories about how a bunch of people became millionaires from investing in bitcoins and they want to do the same. Bitcoins true value as a decentralized currency has been pushed to the side. If there weren't so many people going crazy over the price bitcoin it could achieve a more natural growth.
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April 08, 2013, 04:29:36 PM
 #19278

Down we go again. Am I posting too many wall pics? Tell me to slow down if it's annoying.


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April 08, 2013, 04:30:04 PM
 #19279

It's only fun when i'm fiat D:

didn't you sell @194 & buy back @185?  Roll Eyes

(see your post above)


edit: https://bitcointalk.org/index.php?topic=85687.msg1772252#msg1772252
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April 08, 2013, 04:30:11 PM
 #19280

I just don't understand how SO many people could be selling their coins all at the same time, it's mind boggling, unless its just a few big fish coordinating
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