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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1650504 times)
Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


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April 10, 2013, 04:52:20 PM
 #20461

Those weak hands keep sneaking back in.

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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1481020349
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ElectricMucus
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April 10, 2013, 04:53:38 PM
 #20462


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.
essem
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April 10, 2013, 04:56:15 PM
 #20463

Gox is to blame for this, make no mistake

Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


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April 10, 2013, 04:56:42 PM
 #20464

Mtgox trading engine lag: 1103.79s

That's nearly 20 minutes!!!

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mrbitbank
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April 10, 2013, 04:56:59 PM
 #20465

Don't worry its just a correction, most likley miners offloading coins some profit takers, worried newbies the one thing we have all learnt is that dips are a buying opportunity because next week we are heading for $300-$350
TheKoziTwo
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April 10, 2013, 04:57:02 PM
 #20466

Will we go below $200 today?
http://www.youtube.com/watch?v=X2WH8mHJnhM  Cry

Hawkix
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April 10, 2013, 04:57:08 PM
 #20467

We need to go DEEPER .. (too lazy to link that INCEPTION image here) ...

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Missionary
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April 10, 2013, 04:57:43 PM
 #20468

Test to see what the logical action should be:

1. Is there a fundamental flaw in the Bitcoin protocol?

YES / NO

Action:

If YES then SELL.

If NO then HOLD.

2. Has there been any large and negative fundamental changes?

YES / NO

If YES then SELL.

If NO then BUY.

I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z
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DougTanner
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April 10, 2013, 05:00:39 PM
 #20469

I just bought for $200 on Virtex.


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
Gordonium
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April 10, 2013, 05:01:57 PM
 #20470

The point is this: FUNDAMENTALS HASN'T CHANGED.

This will be so epic bear massacre!  Cheesy
GeoRW
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Trust No One


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April 10, 2013, 05:02:27 PM
 #20471

The stable price is where the value created by bitcoin network is equal to the costs of running the whole network. And at least one of those two is dependent on bitcoin price.  So just try to estimate those two numbers and compare them.

That is just not true. Search your feelings and you know it. Is the price of 100 dollar bill same as the cost of printing one? No it is not and it is same with Bitcoin.

Can you be more specific at what exactly is not true.

The cost of running the network is not dependent on the cost of creating early bitcoins.  Those were very cheap.  The cost is dependent on the current market price.

That myth is debunked here:

https://en.bitcoin.it/wiki/Myths#The_value_of_bitcoins_are_based_on_how_much_electricity_and_computing_power_it_takes_to_mine_them


The statement is true in a way. Miners will not mine without being profitable, so they will not sell bitcoins below electricity costs and probably not below electrocity costs + hardware and maintenance costs even.
Richy_T
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April 10, 2013, 05:02:46 PM
 #20472

Mtgox trading engine lag: 1203.80s

Have to say, if I was a trader, I'd be exiting too.

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ElectricMucus
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April 10, 2013, 05:02:46 PM
 #20473


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.
NamelessOne
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April 10, 2013, 05:04:18 PM
 #20474

Gox is to blame for this, make no mistake



Yes, I don't give a crap about their public letter last week at this point. 20 minutes of lag? You FIRE the programmer that does this garbage and hire a new one. A new TEAM! Why hasn't this been fixed? Is it arrogance? Loyalty to a friend who did the job for you? What?!
Krabby
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April 10, 2013, 05:05:54 PM
 #20475

Everyone holding strong?
Spaceman_Spiff
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April 10, 2013, 05:06:15 PM
 #20476

Well that was long overdue...
adamstgBit
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April 10, 2013, 05:06:54 PM
 #20477

I just bought for $200 on Virtex.



i was thinking of buying too... someone took one hell of a dump on virtex just b4...

y2kcamaross
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April 10, 2013, 05:06:59 PM
 #20478

Everyone holding strong?
Are you watching the charts?  No ones holding strong, it seems like every single person with a god damned bitcoin is dumping them
DougTanner
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April 10, 2013, 05:08:15 PM
 #20479

Starting to get worried. Leaving my $190 and $180 orders up though.


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
Kazu
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April 10, 2013, 05:09:00 PM
 #20480

Gox is to blame for this, make no mistake



Yes, I don't give a crap about their public letter last week at this point. 20 minutes of lag? You FIRE the programmer that does this garbage and hire a new one. A new TEAM! Why hasn't this been fixed? Is it arrogance? Loyalty to a friend who did the job for you? What?!

Is there still lag, or is it just not working? Because right now the login button for Gox just isn't working for me, price is falling, I'm getting really mad. Gox is intent on screwing over BTC.

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