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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652718 times)
ehoffman
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April 09, 2013, 08:40:34 PM
 #20081

Price reached 289.99$...  on Virtex Canada Grin  That's simply crazy...

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
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mccorvic
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April 09, 2013, 08:43:08 PM
 #20082

Price reached 289.99$...  on Virtex Canada Grin  That's simply crazy...

Have you ever met a Canadian that wasn't simply crazy in general? I haven't. Tongue

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April 09, 2013, 08:46:39 PM
 #20083


That's why it's called delusion.

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

Ah.  Currently 2% down.  Doubt that means much.  Probably some sort of glitch.  I'm buying this dip on the expectation that things should be back to normal very soon.

It did indeed go back to normal, but now appears to have dropped again - further - to 235.  I must admit to being a bit scared.
The-Real-Link
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April 09, 2013, 08:47:30 PM
 #20084

Well, wow.  Woke up to some good news and yeah, caught Bitcoinity's $200 video haha.

In the meantime I made this in advance, though the price didn't take long to meet it.  Enjoy Wink

http://www.youtube.com/watch?v=RzLZ8IaqIQY

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
Piper67
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April 09, 2013, 08:50:19 PM
 #20085


Quote
snip
Just like with pirate Smiley

Lucky for all of us, all we have to do is not die and we'll be able to witness how this pans out.


Even if I am wrong and we really are at takeoff there is the first selloff phase coming up shortly.

Sure... or you're really wrong and the old graphs charted over things like stocks don't apply to Bitcoin. Much like they don't apply to thinks like the adoption of TV, computers, the internet, human population growth, inflation of fiat currencies and so many others. It really is just a matter of how wrong you might be.

That's why I bring up pirate, his zealots claimed that traditional wisdom doesn't apply to bitcoin and hence his scheme too.

OK, giving you the benefit of the doubt. With Pirate, the maths didn't work. With Bitcoin they do. Nobody is suggesting exponential growth ad infinitum. Just a sharp rise, then a more civilised one as Bitcoin reaches out to a percentage of its actual potential (again, like the adoption of television, radio, the internet itself, none of which is a bubble).

Right now, the growth is as it should be if you think of Bitcoin as a technology with the potential for a market cap of somewhere in the region of a few hundred billion to a trillion or so USD. Given Bitcoin's advantages, and the current state of fiat and governments around the world, this could or not be a reasonable assessment. But it isn't necessarily wrong.

With Pirate, it was.
DougTanner
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April 09, 2013, 08:51:28 PM
 #20086

Price reached 289.99$...  on Virtex Canada Grin  That's simply crazy...

I sold some there at $284 after buying them at $224 on Bitstamp. It's nice having assets on multiple exchanges.

Speaking of exchanges, I need some advice. I'm looking to expand my bot to a new exchange soon and I'm wondering what your opinions are of the security/trustworthiness of the exchanges is? (i.e. change of getting hacked, change of running off with all the funds?).

I have my eye on Bitcoin-24 because of the high EUR volume, but I don't like that there's no trade fee, very sketchy.

Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
eric345
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April 09, 2013, 08:54:41 PM
 #20087

With this pace, we reach 500 next week.
wonkytonky
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April 09, 2013, 08:56:08 PM
 #20088

Price reached 289.99$...  on Virtex Canada Grin  That's simply crazy...

I sold some there at $284 after buying them at $224 on Bitstamp. It's nice having assets on multiple exchanges.

Speaking of exchanges, I need some advice. I'm looking to expand my bot to a new exchange soon and I'm wondering what your opinions are of the security/trustworthiness of the exchanges is? (i.e. change of getting hacked, change of running off with all the funds?).

I have my eye on Bitcoin-24 because of the high EUR volume, but I don't like that there's no trade fee, very sketchy.

btc 24 is legit.. beein using it since a year now..  not that i want bots on it though Smiley

bfx discount code : FvwrZ545k2 (get 50% back )
https://simplefx.com/?sfx-r=b9acece2-d022-4f9b-a40a-e35cbf9097b0   (get 50% back )
keewee
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April 09, 2013, 09:01:37 PM
 #20089


That's why it's called delusion.

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

Ah.  Currently 2% down.  Doubt that means much.  Probably some sort of glitch.  I'm buying this dip on the expectation that things should be back to normal very soon.

It did indeed go back to normal, but now appears to have dropped again - further - to 235.  I must admit to being a bit scared.

A 2% drop isn't considered a dip around here. You might start to feel a little nervous after a 10-20% drop, but even then it has typically recovered within a day or two, sometimes within a few hours

1keewee2vRp63UWvPBynT55ZYw6SUCKDB
mccorvic
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April 09, 2013, 09:04:19 PM
 #20090


That's why it's called delusion.

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

Ah.  Currently 2% down.  Doubt that means much.  Probably some sort of glitch.  I'm buying this dip on the expectation that things should be back to normal very soon.

It did indeed go back to normal, but now appears to have dropped again - further - to 235.  I must admit to being a bit scared.

A 2% drop isn't considered a dip around here. You might start to feel a little nervous after a 10-20% drop, but even then it has typically recovered within a day or two, sometimes within a few hours

I was going to say the same thing, but then assumed he must be joking.  We've become so desensitized around here that a 10% drop after a rally is something to yawn about Cheesy

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samson
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April 09, 2013, 09:08:05 PM
 #20091

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value.
ElectricMucus
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April 09, 2013, 09:10:53 PM
 #20092

OK, giving you the benefit of the doubt. With Pirate, the maths didn't work. With Bitcoin they do. Nobody is suggesting exponential growth ad infinitum. Just a sharp rise, then a more civilised one as Bitcoin reaches out to a percentage of its actual potential (again, like the adoption of television, radio, the internet itself, none of which is a bubble).

Right now, the growth is as it should be if you think of Bitcoin as a technology with the potential for a market cap of somewhere in the region of a few hundred billion to a trillion or so USD. Given Bitcoin's advantages, and the current state of fiat and governments around the world, this could or not be a reasonable assessment. But it isn't necessarily wrong.

With Pirate, it was.

Actually there is math involved here too, it is just much more complicated.
I really wish I did understand it better, I could make a bunch of money with that knowledge.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
bassclef
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April 09, 2013, 09:13:58 PM
 #20093

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value.

I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for Cheesy
Zomdifros
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April 09, 2013, 09:15:37 PM
 #20094

Most Online Today: 5690. Most Online Ever: 5690 (Today at 09:53:48 PM)

This is why everything is so slow.

mccorvic
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April 09, 2013, 09:18:31 PM
 #20095

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value.

I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for Cheesy

That's so dope!


And man, I thought were were going to settle down for a few hours but nooooooooooooo some jerg off had to go jump start the whole thing again and buy 1000 BTC Tongue

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bassclef
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April 09, 2013, 09:23:25 PM
 #20096

Nice pennant forming too. Maybe we'll break out toward 250 later tonight.
mccorvic
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April 09, 2013, 09:27:58 PM
 #20097

The bid depth chart on blockchained look borked.  It's topped out at 16mil.  Anyone have another source?

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April 09, 2013, 09:28:08 PM
 #20098



A 2% drop isn't considered a dip around here. You might start to feel a little nervous after a 10-20% drop, but even then it has typically recovered within a day or two, sometimes within a few hours


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BitcoinTate
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April 09, 2013, 09:30:28 PM
 #20099

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value.

I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for Cheesy
lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol!

- aka The "DigiMan"
mccorvic
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April 09, 2013, 09:35:10 PM
 #20100

You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!

I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value.

I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for Cheesy
lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol!

That seems like a highly inefficient way to plan a trip Tongue

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