Bitcoin Forum
December 09, 2016, 02:03:53 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 [1155] 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 »
  Print  
Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652122 times)
zkay
Member
**
Offline Offline

Activity: 112



View Profile
April 15, 2013, 12:56:11 PM
 #23081

Back up to $96. Bought back in at $90 yesterday, hoping it wasn't a mistake. Wink

Currently trying to learn ruby on rails - - coding is the future. The future is now.

Donations appreciated: 1JFQhMBERjQ6BBGof6YAGCx33SngK4R9Ag
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481249033
Hero Member
*
Offline Offline

Posts: 1481249033

View Profile Personal Message (Offline)

Ignore
1481249033
Reply with quote  #2

1481249033
Report to moderator
wonkytonky
Sr. Member
****
Offline Offline

Activity: 392


View Profile
April 15, 2013, 01:11:06 PM
 #23082

this is boring lol Smiley someone do something.. tired of watching them daytraders doing the same rounds over and over again in the 95-100 zone.

bfx discount code : FvwrZ545k2 (get 50% back )
https://simplefx.com/?sfx-r=b9acece2-d022-4f9b-a40a-e35cbf9097b0   (get 50% back )
cedivad
Legendary
*
Offline Offline

Activity: 1106



View Profile
April 15, 2013, 01:17:48 PM
 #23083

Why during the 2011 crash the price rested stable at around 15 and now is holding at around 100?
What do these psicological levels have to do with the behaiviur after a crash?

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
humanitee
Hero Member
*****
Offline Offline

Activity: 714



View Profile
April 15, 2013, 01:35:05 PM
 #23084

Over 1 million BTC sold over the past week. Price is holding in the $90-$100 range.

Bullllllllish.
gizmoh
Legendary
*
Offline Offline

Activity: 1134



View Profile
April 15, 2013, 01:37:50 PM
 #23085

some bots trying to push the price down with small trades of 0.01/0.05 on ask side..

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
molecular
Donator
Legendary
*
Offline Offline

Activity: 2142



View Profile
April 15, 2013, 01:49:47 PM
 #23086

No sign yet of the tens of thousands of new Mt. Gox depositors lined up to buy ...
It may take a few weeks for any new MtGox user to actually be able to get funds into MtGox to start buying. 

what about the users that got verified 2 weeks ago, then?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
fcmatt
Legendary
*
Offline Offline

Activity: 1106


View Profile
April 15, 2013, 01:53:48 PM
 #23087

No sign yet of the tens of thousands of new Mt. Gox depositors lined up to buy ...

In fairness, gox only verifies about 1,000 per day. Smiley

And there's still a lot of people waiting to see which way the price goes before they make a decision. I think it's going to take big individual buyers or sellers to push it either way.

and that is how we got to the peak in the first place.
big buyer(s) get us to the next level, the lemmings jump on board. rinse and repeat.

then the big buyer(s) all decided to get out with some early adopters.

lemmings left holding the bag as always.

i do not think they are ready to do this again anytime soon. they need to let time go by.
hannesnaude
Full Member
***
Offline Offline

Activity: 169

Firstbits : 1Hannes


View Profile
April 15, 2013, 01:55:39 PM
 #23088

No sign yet of the tens of thousands of new Mt. Gox depositors lined up to buy ...
It may take a few weeks for any new MtGox user to actually be able to get funds into MtGox to start buying. 

Yep, co-worker signed up with gox on friday. Was number 25,XXX on the queue. Now down to 20XXX. It will be a while. The fiat arriving now was sent before the crash and the owners of said fiat took their place in the queue well before the crash. It will be interesting to what they do. I suspect most of us are playing wait-and-see.

I've been looking at downloads of the satoshi client as a proxy for new interest in bitcoin after the crash. The sourceforge page automatically starts aggregating downloads into weekly or montly buckets as one increases the time over which the downloads are tracked however, so I used the API to get at the raw data and created my own graph in matlab. This shows the number of downloads per day since the beginning of the year. The red line indicates Wednesday the 10th of April.



The number of downloads peaked on the 10th with the second highest volume day being the day after. Something the  complicates interpretation of  this  graph is the fact that there is a weekly oscillation (with a peak on wednesdays and a trough on sundays) overlaid on the underlying trend. To show the underlying pattern more clearly, I sorted the data into seperate bins for each weekday and graphed them as separate graphs.



On this graph it is clear that interest in bitcoin appears to grow unabated. The past sunday had the highest download volume of any sunday this year exceeding the previous peak by more than 20%. Similarly for saturday, friday and thursday. The google trends data for "buy bitcoin", "buy bitcoins" and mtgox tell very much the same story, but unfortunately no API is available to get at the raw data.

http://www.google.com/trends/explore#q=%22buy%20bitcoin%22%2C%20%22buy%20bitcoins%22%2C%20mtgox&date=today%201-m&cmpt=q
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
April 15, 2013, 01:59:16 PM
 #23089

Over 1 million BTC sold over the past week. Price is holding in the $90-$100 range.

Bullllllllish.

I can't wait till the 80-90 range is considered bullish by you guys.  Cheesy

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.
warpio
Member
**
Offline Offline

Activity: 109



View Profile
April 15, 2013, 02:17:37 PM
 #23090

Over 1 million BTC sold over the past week. Price is holding in the $90-$100 range.

Bullllllllish.

I can't wait till the 80-90 range is considered bullish by you guys.  Cheesy

I'm not bearish until we break below $50, to be honest. In fact I've got quite a lot of bids on the way down to $51 lol. If it does break below $50, then I'm holding onto the rest of my fiat and waiting for single digits.
y2kcamaross
Member
**
Offline Offline

Activity: 83


View Profile
April 15, 2013, 02:17:46 PM
 #23091

Verification queue is at 28,300 as of right now, if anyone is interested.
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
April 15, 2013, 02:22:01 PM
 #23092

Verification queue is at 28,300 as of right now, if anyone is interested.

Lots of people want their fiat out of gox. Most will wait with selling till they can withdraw so their funds aren't locked.

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.
humanitee
Hero Member
*****
Offline Offline

Activity: 714



View Profile
April 15, 2013, 02:24:04 PM
 #23093

Verification queue is at 28,300 as of right now, if anyone is interested.

Lots of people want their fiat out of gox.

Doubt it.

~BTC170k sold yesterday, on a SUNDAY.
DougTanner
Sr. Member
****
Offline Offline

Activity: 280



View Profile
April 15, 2013, 02:27:28 PM
 #23094

Over 1 million BTC sold over the past week. Price is holding in the $90-$100 range.

Bullllllllish.

I can't wait till the 80-90 range is considered bullish by you guys.  Cheesy

I'm not bearish until we break below $50, to be honest. In fact I've got quite a lot of bids on the way down to $51 lol. If it does break below $50, then I'm holding onto the rest of my fiat and waiting for single digits.

I'm doing much the same thing. Hoping for a recovery (lots of bullish signals still abound), but acknowledging that after a bubble bursting there could be a long slow decline.

Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
Richy_T
Legendary
*
Offline Offline

Activity: 1246


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
April 15, 2013, 02:29:34 PM
 #23095

I feel walls are typically used to push the price in the opposite direction. Say the price is 100 and I want to buy some coins below that. I can put a nice big wall at ask 100.5 and then people coming in see the wall and thing that they won't be able to sell their coins if they put them behind the wall so they put them just in front, maybe 99.5 or whatever. Then I can snap up those coins at 99.5 and wait for the next punter to come along. If I am patient, I can get a lot more coins for my money than if I just bought since otherwise my buys would push the price up. As soon as my wall starts being eaten, I close it down or move it back, I absolutely am not intending to sell those coins at that price. This works in both directions.

I actually played with this a little back when bitcoin-24 was working. Managed to push the coins I wanted to sell up a whole $5 because every time I would raise the price on the ones I put up on the buy side, someone would jump in just a little bit higher. It's not without risk though.

Bottom line, do not trust the walls to mean much. They will evaporate in a heartbeat.

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
bixcoin
Full Member
***
Offline Offline

Activity: 168


Bixcoin Superdouche


View Profile
April 15, 2013, 02:30:24 PM
 #23096



Lots of people want their fiat out of gox.

And I am one of them. Waiting for my first (this month's first) SEPA withdrawal for one week now. This used to go a lot faster. Anybody experiencing the same?
el_rlee
Legendary
*
Offline Offline

Activity: 1344


View Profile
April 15, 2013, 02:35:42 PM
 #23097

Verification queue is at 28,300 as of right now, if anyone is interested.

source?



Lots of people want their fiat out of gox.

And I am one of them. Waiting for my first (this month's first) SEPA withdrawal for one week now. This used to go a lot faster. Anybody experiencing the same?


me. having two transactions, one confirmed on the 8th one on the 10th, neither hit my account so far
blueberry
Member
**
Offline Offline

Activity: 110



View Profile
April 15, 2013, 02:36:58 PM
 #23098

Verification queue is at 28,300 as of right now, if anyone is interested.

Lots of people want their fiat out of gox. Most will wait with selling till they can withdraw so their funds aren't locked.

No. Most people wanting to get out would have already sold their coins. Why would they risk waiting a week or two to be verified first if they think the price will drop further?


And I am one of them. Waiting for my first (this month's first) SEPA withdrawal for one week now. This used to go a lot faster. Anybody experiencing the same?

So you already sold your coins?
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
April 15, 2013, 02:47:01 PM
 #23099

Verification queue is at 28,300 as of right now, if anyone is interested.

Lots of people want their fiat out of gox. Most will wait with selling till they can withdraw so their funds aren't locked.

No. Most people wanting to get out would have already sold their coins. Why would they risk waiting a week or two to be verified first if they think the price will drop further?

Think about it: You are sitting on 10x-50x profits from the rally, missed the top and want some cash. Mtgox is having issues.

Your options are:
Sell now and withdraw asap. Some are doing just that (price is creeping down slowly) But that means you can't get anything as long as you aren't verified.
Wait till you are verified and sell then.
You can if all fails withdraw you coins and sell them somewhere else. But still gox offers the highest prices so people think it is worth waiting. Added to this other exchanges lack liquidity.

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.
zarl
Member
**
Offline Offline

Activity: 70



View Profile
April 15, 2013, 02:48:43 PM
 #23100


Lots of people want their fiat out of gox.
And I am one of them. Waiting for my first (this month's first) SEPA withdrawal for one week now. This used to go a lot faster. Anybody experiencing the same?

I am one of them too
How to choose SEPA transfer ? I not see any place to choose this in the options.
Is this automaticly chosen when tranfer EUR Bank tranfer ?
Pages: « 1 ... 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 [1155] 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!