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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805435 times)
essem
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April 10, 2013, 04:56:15 PM
 #20461

Gox is to blame for this, make no mistake

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April 10, 2013, 04:56:42 PM
 #20462

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
 #20463

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
 #20464

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
 #20465

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

Donations: 1Hawkix7GHym6SM98ii5vSHHShA3FUgpV6
http://btcportal.net/ - All about Bitcoin - coming soon!
Missionary
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April 10, 2013, 04:57:43 PM
 #20466

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
You can find more information about my plans here: http://btcmission.com
DougTanner
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April 10, 2013, 05:00:39 PM
 #20467

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
 #20468

The point is this: FUNDAMENTALS HASN'T CHANGED.

This will be so epic bear massacre!  Cheesy

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GeoRW
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April 10, 2013, 05:02:27 PM
 #20469

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.
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April 10, 2013, 05:02:46 PM
 #20470

Mtgox trading engine lag: 1203.80s

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

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God of the code.


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April 10, 2013, 05:02:46 PM
 #20471

NamelessOne
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April 10, 2013, 05:04:18 PM
 #20472

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
 #20473

Everyone holding strong?

Spaceman_Spiff
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April 10, 2013, 05:06:15 PM
 #20474

Well that was long overdue...
adamstgBit
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April 10, 2013, 05:06:54 PM
 #20475

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
 #20476

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
 #20477

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
 #20478

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.

CoinLenders - Bitcoin Bank Script / Demo
1v.io/kazu - 15ccW7m6RxDFWEKc3P1NdwWpX1N1pU7gZ8
Richy_T
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April 10, 2013, 05:09:19 PM
 #20479

Well that was long overdue...

Yes. Though scary, I'm still up on what I paid just 2 days ago.

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dani
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..yeah


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April 10, 2013, 05:09:23 PM
 #20480

I feel good when I see this. Sold when prices was good, getting back into business soon, we just need to go DEEPER..

Hai
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