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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652407 times)
Wekkel
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April 12, 2013, 10:40:50 PM
 #22301

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.

This looks great. Thread for interested lurkers: https://bitcointalk.org/index.php?topic=99497.3180

Like this post? you can tip me (BTC) 1LGi2DMhectdFSkBid5srrnHk8WHgD3V1d or very WoW (Doge) D9p6FZQb1sKkq9hApy4tnjSduYfdnc74bb
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1481325841
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GnoSiS
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April 12, 2013, 10:44:34 PM
 #22302

And we're back to 3digits...

the recovery speed is amazing. I thought the market would need a week for this.

All that is left is for all the money from sold btc to buy buy buy.... and 200 would be back in 3 days, maybe even less.

Even silk road would have to buy back in if they haven't done already. At least at some point all the speculators that exited at a price should buy back in or loose out! watch out here comes explosive 300....
GreekGeek
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April 12, 2013, 10:48:44 PM
 #22303

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.

+1

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fcmatt
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April 12, 2013, 10:52:04 PM
 #22304

And we're back to 3digits...

the recovery speed is amazing. I thought the market would need a week for this.

All that is left is for all the money from sold btc to buy buy buy.... and 200 would be back in 3 days, maybe even less.

Even silk road would have to buy back in if they haven't done already. At least at some point all the speculators that exited at a price should buy back in or loose out! watch out here comes explosive 300....

The pop up worked great for unloading my latest bit of btc. Bulls go wild!
Lot of money sitting on gox.
GreekGeek
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April 12, 2013, 10:56:15 PM
 #22305

listentobicoin.com is really quiet

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GnoSiS
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April 12, 2013, 10:56:18 PM
 #22306

111!!!!oneoneone

thin air for 115

less than 3k for 120!!!!
David M
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April 12, 2013, 10:58:31 PM
 #22307

the recovery speed is amazing. I thought the market would need a week for this.

The bitcoin market is the fastest I have ever seen (20+ years trading).  
Big spreads, big moves all happening at Internet speed.

Remember it is a true global 24 hour market.
LanYu
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April 12, 2013, 11:00:16 PM
 #22308

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.

"Bitcoin is not ready for the big time, and the only way to get ready is for it to hide in a cave and cower like a child"

- Proudhon April 12, 2013
Krabby
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April 12, 2013, 11:01:14 PM
 #22309

Watch out guys.
colour
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April 12, 2013, 11:02:06 PM
 #22310

MTGOX lag at over 3 and a half minutes, trending upwards...
hlynur
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April 12, 2013, 11:04:08 PM
 #22311

the recovery speed is amazing. I thought the market would need a week for this.

The bitcoin market is the fastest I have ever seen (20+ years trading).  
Big spreads, big moves all happening at Internet speed.

Remember it is a true global 24 hour market.

with newbies throwing their money in half heartattacked, half jerking off.
and professionals pulling one trap after trap, shaking the trees and just opening their hands.
 24/7 realtime bloodbath is that.
...but funny to watch when you'r just in hold position.

just1nmc
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April 12, 2013, 11:06:08 PM
 #22312

Probably going up too fast for right now, but this really shows where we could be headed next week.
granolageek
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April 12, 2013, 11:06:24 PM
 #22313


Even silk road would have to buy back in if they haven't done already. At least at some point all the speculators that exited at a price should buy back in or loose out! watch out here comes explosive 300....

That's the second time I've heard that Silk Road was a major seller yesterday. Is there any evidence of this?

Personally, I find it most unlikely that Dread Pirate Roberts would dump like that. A few hundred BTC/day, sure, but thousands at a time?. He's too smart.
GnoSiS
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April 12, 2013, 11:14:13 PM
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Even silk road would have to buy back in if they haven't done already. At least at some point all the speculators that exited at a price should buy back in or loose out! watch out here comes explosive 300....

That's the second time I've heard that Silk Road was a major seller yesterday. Is there any evidence of this?

Personally, I find it most unlikely that Dread Pirate Roberts would dump like that. A few hundred BTC/day, sure, but thousands at a time?. He's too smart.

Can they really stay out of this? this ultimate laundry machine called an exchange?

Speculation and dumping aside, they sell with many accounts worldwide and buy with 5-10 more from other exchanges. trace that...
BitcoinAshley
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April 12, 2013, 11:17:36 PM
 #22315

Quote from: Holliday
Single digits? Completely worthless Bitcoins are always on the horizon. Everything you think is stable and normal in your life can change at the drop of a hat. The universe is chaos (even if we do our best to find order). That doesn't mean I feel the need to put it in every post. Why do you?


ITT: Holliday gets DEEP on proudhon.

Proudhon did that send you into a period of quiet self-reflection?
Kazu
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April 12, 2013, 11:21:08 PM
 #22316

Gox is the ultimate way of money laundering.

"Where did that money come from??"

"Oh, um, I bought at $110, then moved my coins to Bitcoin China, sold, it crashed, bought again, moved it back to Gox, now its at $100, bought, oh yea, did I mention thats from a different account? Oh and I put it through a mixer on the way to and from Bitcoin China... sorry if this is confusing..."

CoinLenders - Bitcoin Bank Script / Demo
1v.io/kazu - 15ccW7m6RxDFWEKc3P1NdwWpX1N1pU7gZ8
BitcoinAshley
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April 12, 2013, 11:22:46 PM
 #22317

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.


There WAS one - proudhon kept saying it would go down, in every single post.

EDIT: Nvm, I noticed you said "good" reason.  Grin Grin Grin

A few of my stock 'good reasons:'

-Savings deposit confiscation that has been introduced in multiple countries is reversed
-Cyprus deposits are returned immediately
-Governments and central banks stop being evil and corrupt
-Fiat money stops being printed
-An incestuous gay porn video is released featuring Ron Paul, Rand Paul, and Paul Krugman (Titled: "Paul On Paul On Paul")
justusranvier
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April 12, 2013, 11:29:01 PM
 #22318

Bitcoin survived and it is coming back stronger than ever!

Take that mooothhaaa fuuuckkka!



http://www.youtube.com/watch?v=pID03RrmKow
bassclef
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April 12, 2013, 11:31:06 PM
 #22319

-An incestuous gay porn video is released featuring Ron Paul, Rand Paul, and Paul Krugman (Titled: "Paul On Paul On Paul")

Good one  Wink
just1nmc
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April 12, 2013, 11:36:51 PM
 #22320

So we've almost doubled the number of searches since last week..

http://www.google.com/trends/explore#q=bitcoin&date=today%201-m&cmpt=q
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