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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1651421 times)
endlessdark
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April 11, 2013, 09:48:56 AM
 #20901

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rpietila
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April 11, 2013, 09:49:09 AM
 #20902

Bitcoin will get mentioned someplace with lots of readers, a bunch of those readers will like the idea and try to buy Bitcoins, their price will rise which will draw even more people to "invest", which will drive the price up even more... until people decide that the price isn't going to rise any more and everybody rushes to sell before the price drops.  I predict there will be between one and five Bitcoin bubbles (price will double or more and then crash back down below the starting price) in the next four years .

So, is this the second 50% crash or am I missing one here?

Pirate intraday was about 50%, so I would say we currently have only one, from 2011.

Now, for this to really qualify as a crash, I would like to see a weekly red candle Smiley

As for -20% dips, this is the 6th in 35 days, so nothing new there.




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April 11, 2013, 09:49:38 AM
 #20903

pick your poison. Lag or DDOS. Different Poison, same Goxing.

more or less retired.
Frost
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April 11, 2013, 09:49:48 AM
 #20904

Should I go in with 50$ if we hit 100$ zone? I am noob Cheesy

i wouldn't buy at either

why try to guess the direction of the market?

I thought it would go up to 200$ next hours maybe... dunno. I am beginner and try to understand all that lol.

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April 11, 2013, 10:16:07 AM
 #20905

Gox is upgrading now. Nothing goes.
Zomdifros
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April 11, 2013, 10:21:14 AM
 #20906

Pirate intraday was about 50%, so I would say we currently have only one, from 2011.

Now, for this to really qualify as a crash, I would like to see a weekly red candle Smiley

As for -20% dips, this is the 6th in 35 days, so nothing new there.

Well a weekly red would be a first for 2013. I think the confidence of many people has been shaken by the severity of this crash, in the press I see many 'analysts' declaring the bubble to have finally burst and stating the price will go down to January levels (which would most certainly be very unlikely).
 
So I think the recovery may take a bit longer than usual. Most important thing is to explain why Bitcoin has so much future potential and is not just a vehicle to double your money every week. My estimate is that Bitcoins intrinsic value at this time is between $20B and $200B, based on the unique properties of this groundbreaking technology.

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April 11, 2013, 10:29:51 AM
 #20907

First german new media starts to think about bitcoins end (headline): http://www.n-tv.de/wirtschaft/Panik-Verkaeufe-beim-Bitcoin-article10454586.html

Headline is heavy but the article say that the boom or hype is now over.

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April 11, 2013, 10:31:38 AM
 #20908

sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.
samson
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April 11, 2013, 10:33:53 AM
 #20909

sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

At what price are you planning on buying back in ? Maybe when it gets to $200 again ?
Digikeys
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April 11, 2013, 10:34:29 AM
 #20910

sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

Never apologise for taking profit =D
xuemike
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April 11, 2013, 10:35:50 AM
 #20911

sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

At what price are you planning on buying back in ? Maybe when it gets to $200 again ?

If it breaks 100 i might buy back some at 40-50 range, if it breaks 200 i'll buy back. hard to say. Too much uncertainty
gimme_bottles
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April 11, 2013, 10:36:31 AM
 #20912

First german new media starts to think about bitcoins end (headline): http://www.n-tv.de/wirtschaft/Panik-Verkaeufe-beim-Bitcoin-article10454586.html

Headline is heavy but the article say that the boom or hype is now over.

they must really be into bitcoin Cheesy they had at least 3 articles on the front page in the last two weeks.

1Gk194CHEgFPbh8gEM7agMNRXeWkfw2Fv7
xuemike
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April 11, 2013, 10:39:11 AM
 #20913

sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

At what price are you planning on buying back in ? Maybe when it gets to $200 again ?

If it breaks 100 i might buy back some at 40-50 range, if it breaks 200 i'll buy back. hard to say. Too much uncertainty

Yea but i'm certain this will break 200 again too, if I had forever to live, i'd be still in it, but life doesn't last forever and I got a mortgage to pay.
narousberg
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April 11, 2013, 11:01:18 AM
 #20914

DONT PANIK GUYS!
all what happens last two days is big action to collect you coins cheap.
Who not understand?

pinger
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April 11, 2013, 11:10:07 AM
 #20915

DONT PANIK GUYS!
all what happens last two days is big action to collect you coins cheap.
Who not understand?

If any doubts:

http://pastebin.com/h7iGK49T
by  A GUEST ON MAR 29TH, 2013

Found on bitcoin-24 chat

Frost
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April 11, 2013, 11:11:12 AM
 #20916

big freefall... incoming cheap coins  Grin 4$ each Cheesy

Zomdifros
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April 11, 2013, 11:15:59 AM
 #20917

sorry guys i made dent at the 140 wall. Had to cash out.  50% drop with ddos is too much. I feel lucky cashing out at this price because i had my sell window opened during the ddos and the order went through.  GL to everyone else. I hope you all made out with some money.

At what price are you planning on buying back in ? Maybe when it gets to $200 again ?

If it breaks 100 i might buy back some at 40-50 range, if it breaks 200 i'll buy back. hard to say. Too much uncertainty

Yea but i'm certain this will break 200 again too, if I had forever to live, i'd be still in it, but life doesn't last forever and I got a mortgage to pay.

Did you do the sensible thing and sold only half of your coins or did you threw all of your winning lottery tickets out the door?

surya
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April 11, 2013, 11:18:16 AM
 #20918

At the moment:


Bitcoinity.org:  Mtgox trading engine lag: 211.47s

MtGox about an hour ago:  Maintenance Over however we are now under a DDoS attack.

crazy_rabbit
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April 11, 2013, 11:20:35 AM
 #20919

I made this for you, dear bitcoin.


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essem
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April 11, 2013, 11:31:53 AM
 #20920

DONT PANIK GUYS!
all what happens last two days is big action to collect you coins cheap.
Who not understand?

because you no speak engrish
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