Wall Observer - MtGoxUSD wall movement tracker

[gimme_bottles]

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 they had at least 3 articles on the front page in the last two weeks.

[xuemike]

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]

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

[pinger]

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]

big freefall... incoming cheap coins  4$ each

[Zomdifros]

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]

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]

I made this for you, dear bitcoin.

[essem]

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

[Frost]

I made this for you, dear bitcoin.

I love this one  Nice work!!

[Arzack]

https://bitcointalk.org/index.php?topic=173241.0

>nailed it

[surya]

somewhere around 166 USD now, where is a working chart???

[keewee]

somewhere around 166 USD now, where is a working chart???

Refreshing Clark Moody frequently keeps it up to date. Not realtime but ok

[surya]

We need to pass 178 USD and stay above, to end this correction on the hourly chart.

[El Cabron]

188 On bitcoinity

[ManBearPig]

Unless you're actually trading the swings, watching the live chart right now is a recipe for a heart attack.

I'll be back once the world has realised it ain't gonna be that easy to see Bitcoin die.

Meh, wanna chart putting it into perspective?

http://tonycoleby.com/bitcoin.html

[rpietila]

It is very hard for me to draw the conclusion that the bitcoin hype is over.

If it goes down, media will be all over the "CRASH" headlines

If it goes up, there will be the corresponding interest

--

During 2011, maybe a million people heard about bitcoin, and got a seed sown into their heart to buy them when the time is right. It took them 1-2 years to get in. See the result.

Now, a conservative estimate is that 100 million have heard about it, and many/most HNWIs are among them.

I don't know what the price is tomorrow or 3 months from now, but a rather safe bet for the following 2 years is a 10-double. (Actual target 100-double).

All it takes is for the people who ALREADY heard, to get their mental processes right.

I bet even my father-in-law invests a minimum of € 10,000 into bitcoins in the next 2 years.

An € 10,000 counts when multiplied by a hundred million.

The probability for bitcoin to go to zero in 2 years, in my estimate, is 20-40%.

Therefore I am still all in with all the money I *can* afford to lose. Until there is something even close to these odds available.

Such as arbitrage trading. I employed a guy to do it, and his first 24 hours have raked in about $1500 with not much risk, as is the nature of arbitrage.

[wopwop]

It is very hard for me to draw the conclusion that the bitcoin hype is over.

If it goes down, media will be all over the "CRASH" headlines

If it goes up, there will be the corresponding interest

--

During 2011, maybe a million people heard about bitcoin, and got a seed sown into their heart to buy them when the time is right. It took them 1-2 years to get in. See the result.

Now, a conservative estimate is that 100 million have heard about it, and many/most HNWIs are among them.

I don't know what the price is tomorrow or 3 months from now, but a rather safe bet for the following 2 years is a 10-double. (Actual target 100-double).

All it takes is for the people who ALREADY heard, to get their mental processes right.

I bet even my father-in-law invests a minimum of € 10,000 into bitcoins in the next 2 years.

An € 10,000 counts when multiplied by a hundred million.

The probability for bitcoin to go to zero in 2 years, in my estimate, is 20-40%.

Therefore I am still all in with all the money I *can* afford to lose. Until there is something even close to these odds available.

Such as arbitrage trading. I employed a guy to do it, and his first 24 hours have raked in about $1500 with not much risk, as is the nature of arbitrage.

tldr: if people buy, it goes up, so buy

[Frost]

We will see double digits tommorow in my opinion. But this is good for newcomer like me 

[ManBearPig]

*snip*

You sir, are one of the sanest and sage voices on the matter.