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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1649326 times)
yokosan
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April 12, 2013, 10:03:53 PM
 #22281

While we were talking about all the crazy things happening at the exchanges, did anyone notice the price almost doubled today? Nice to see it in three digits again.

So basically we learnt nothing from the last time we had rapid price increases?

Gotcha.
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April 12, 2013, 10:04:42 PM
 #22282

While we were talking about all the crazy things happening at the exchanges, did anyone notice the price almost doubled today? Nice to see it in three digits again.

Haha... you just posted exactly what I came here to post.
hobbes
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April 12, 2013, 10:08:59 PM
 #22283

So...



?


proudhon
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April 12, 2013, 10:10:11 PM
 #22284

Let's see how many times we can bubble and crash in 2013.
Fcx35x10
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April 12, 2013, 10:11:32 PM
 #22285

Let's see how many times we can bubble and crash in 2013.

lol i agree. this is quite interesting
Rockford
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April 12, 2013, 10:14:18 PM
 #22286

:)bitcoin has become a geeks soap-opera

That happened years ago. Welcome Smiley

thanks for the welcoming, very kind

I might be percieved as a total newbie regarding my registrationdate and postcount but I've been lurking the forum and especially this thread for some months now.

So I finally dipped my toes in the water and say thank you to all the Wallobserver allstars that have been such an entertainment to me!

Now lets see if this is going to be an epic bulltrap or- what my guts are telling me- the beginning of recovery. (yeah i am a bull)



 

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ElectricMucus
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April 12, 2013, 10:14:23 PM
 #22287

Let's see how many times we can bubble and crash in 2013.

lol i agree. this is quite interesting

You are evil bastards you know that?  Grin

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.
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April 12, 2013, 10:15:41 PM
 #22288

I feel that just THIS makes me strong bull again ..



friedcat presented USB powered mini ASIC running 300MH/sec. That's what I call DECENTRALIZATION.

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April 12, 2013, 10:15:43 PM
 #22289

While we were talking about all the crazy things happening at the exchanges, did anyone notice the price almost doubled today? Nice to see it in three digits again.

So basically we learnt nothing from the last time we had rapid price increases?

Gotcha.

The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.

Gordonium
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April 12, 2013, 10:18:01 PM
 #22290

While we were talking about all the crazy things happening at the exchanges, did anyone notice the price almost doubled today? Nice to see it in three digits again.

So basically we learnt nothing from the last time we had rapid price increases?

Gotcha.

The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.

+1
proudhon
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April 12, 2013, 10:18:08 PM
 #22291

Let's see how many times we can bubble and crash in 2013.

What we need is speculators who are better at their job.

What we need is infrastructure that can support growth.  We don't have that right now, and without, the price might bubble up, but single digits are always on the horizon.
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April 12, 2013, 10:18:47 PM
 #22292

While we were talking about all the crazy things happening at the exchanges, did anyone notice the price almost doubled today? Nice to see it in three digits again.

So basically we learnt nothing from the last time we had rapid price increases?

Gotcha.

The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.

+1
you summarized it very well

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wachtwoord
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April 12, 2013, 10:19:20 PM
 #22293

Let's see how many times we can bubble and crash in 2013.

What we need is speculators who are better at their job.

What we need is infrastructure that can support growth.  We don't have that right now, and without, the price might bubble up, but single digits are always on the horizon.

Hey dude I like your song Smiley

NamelessOne
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April 12, 2013, 10:23:12 PM
 #22294



The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.
[/quote]

Exactly. And as I mentioned in another thread, these last couple months have brought even more 'true believers' into the fold than we've ever had before. A whole new generation who are not immensely bothered by this correction. Yes, more get rich quick and newbs flooded in also but when they run away (and they won't ALL run), the new true believers will remain, and continue to grow the community and the price.
Kazu
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April 12, 2013, 10:23:32 PM
 #22295

How about this time, rather than BUY BUY BUY OMG ITS DOUBLING we buy what we actually NEED, and then DON'T panic sell?

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proudhon
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April 12, 2013, 10:25:29 PM
 #22296



The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.

Exactly. And as I mentioned in another thread, these last couple months have brought even more 'true believers' into the fold than we've ever had before. A whole new generation who are not immensely bothered by this correction. Yes, more get rich quick and newbs flooded in also but when they run away (and they won't ALL run), the new true believers will remain, and continue to grow the community and the price.
[/quote]

There are absolutely reasons for the market to go down, and stay down - namely, the weak infrastructure built on top of bitcoin.  It simply is not ready for prime time, and will not be ready for a long time to come.  The system is overloaded, and the only way for it to go in this state is down.
notme
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April 12, 2013, 10:27:20 PM
 #22297



The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.

Exactly. And as I mentioned in another thread, these last couple months have brought even more 'true believers' into the fold than we've ever had before. A whole new generation who are not immensely bothered by this correction. Yes, more get rich quick and newbs flooded in also but when they run away (and they won't ALL run), the new true believers will remain, and continue to grow the community and the price.

There are absolutely reasons for the market to go down, and stay down - namely, the weak infrastructure built on top of bitcoin.  It simply is not ready for prime time, and will not be ready for a long time to come.  The system is overloaded, and the only way for it to go in this state is down.
[/quote]

It will also go up.  Long term could be anything.  Short term it will bounce all over the fucking place.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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DougTanner
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April 12, 2013, 10:30:16 PM
 #22298

Current bull trap is over, PANIC SELL TIME Edit: Or not.

What is everyone feeling for this weekend? No more fiat incoming for 48 hours.


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Krabby
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April 12, 2013, 10:34:33 PM
 #22299

Current bull trap is over, PANIC SELL TIME

Gimme cheap coinz...
Too bad it won't go below $97 for more than 5 minutes Tongue
Kazu
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April 12, 2013, 10:40:46 PM
 #22300

There are absolutely reasons for the market to go down, and stay down - namely, the weak infrastructure built on top of bitcoin.  It simply is not ready for prime time, and will not be ready for a long time to come.  The system is overloaded, and the only way for it to go in this state is down.
And what exactly is this weak infrastructure built on top of Bitcoin? Gox?

Saying that Bitcoin is bearish because of Gox is like saying Apple is bearish because of a lack of good app vendors, or Microsoft is bearish because of a lack of good hardware manufacturers. If you buy something when it has already succeeded, and there is already the infrastructure, the price will already be high. Of course there will be less risk investing then, but there is also less potential for gain. Somebody has to be that guy that BUILDS the investors that institutional investors will then go in, somebody has to be the first developer that puts shit on the app store, somebody has to be the first guy to start up a Bitcoin exchange, somebody has to be the first guy to use that exchange. And if you don't want to be that guy, thats fine - then don't come here and spout this shit as if you ARE interested.

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