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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652891 times)
Geddi
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It's the muffins that must be stopped.


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April 15, 2013, 05:33:22 PM
 #23141


$100 is the new $5
$99 is the new $5
$98 is the new $5
$97 is the new $5

Cool
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ElectricMucus
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April 15, 2013, 05:36:41 PM
 #23142

Could there be a sittiuation, where gox not have the amount of fiat people want out

if this is true , it could be the end(?) of bitcoin

Nah, I don't think so. But the end of gox and hopefully the end of the cargo cult.
Bitcoin doesn't need them to survive.
Finally someone quoting the cargo cult when refering to bitcoin exchanges! Because it is exactly how most exchanges are built, a cargo cult

I read the cargo-cult wiki, but don't get the reference in context of exchanges.
Someone care to enlighten me?

Ente

It's the whole "big finance" attitude that is being parroted, without recognizing what the practical use of BTC really is. All those types pretending to be on wall-street and such, it goes deeper than that... you can read more about it here: http://buttcoin.org/the-cargo-cult-of-bitcoin

It's written a little with a tongue in cheek attitude, but there is some ultimate truth to it.

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.
rothschild_666
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April 15, 2013, 05:40:17 PM
 #23143

How does the notion of a cargo cult apply here? 
cedivad
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April 15, 2013, 05:42:01 PM
 #23144


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
SlipperySlope
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Stephen Reed


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April 15, 2013, 05:44:21 PM
 #23145

I am getting a whiff of capitulation in that big drop from 94 down to 88.

Lots more of that with the six months to come I think.
wonkytonky
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April 15, 2013, 05:45:20 PM
 #23146



hehe people wonder why walls are put up to drive price down..

look at mac cd  Smiley iz gonne blow .. to the heavens..  and beyond

bfx discount code : FvwrZ545k2 (get 50% back )
https://simplefx.com/?sfx-r=b9acece2-d022-4f9b-a40a-e35cbf9097b0   (get 50% back )
smoothie
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LEALANA Monero Physical Silver Coins


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April 15, 2013, 05:49:10 PM
 #23147

All I see in the graphs above ^ is a spring coiling. Once released price will surge upwards.  Cheesy

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ElectricMucus
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April 15, 2013, 05:50:00 PM
 #23148

All I see in the graphs above ^ is a spring coiling. Once released price will surge upwards.  Cheesy

It's called plastic deformation under heat.

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.
batcoin
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In Gord We Trust


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April 15, 2013, 05:54:29 PM
 #23149

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

If you have more than 0.01BTC and complain about early adopters, please consider donating to this address: 1P11Dz4mhDcJvetHqEJu35KNEVqSRmqo3b
General Tips: 1P4YfrYwQKKtfwszzb2aHgLVLiWQCrJfwi
seleme
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Twitter - @alzu1977


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April 15, 2013, 05:57:27 PM
 #23150

they're doing pretty good with lag, max 7 seconds and it went down in one.

adamstgBit
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April 15, 2013, 05:57:37 PM
 #23151

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

humanitee
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April 15, 2013, 05:58:04 PM
 #23152

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

I can't speak for gold and silver, but the problem with Bitcoin is its' users all consider themselves 1337 traders and aren't that interested in using it as a currency.
jojo69
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April 15, 2013, 05:59:41 PM
 #23153

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

also, didn't you hear, the central banks all decided to stop debasing the currencies

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
batcoin
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In Gord We Trust


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April 15, 2013, 06:00:43 PM
 #23154

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin
Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

also, didn't you hear, the central banks all decided to stop debasing the currencies
You mean we can start trusting fiat again? xD

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

I can't speak for gold and silver, but the problem with Bitcoin is its' users all consider themselves 1337 traders and aren't that interested in using it as a currency.

I suspect that a number of gold and silver types also consider themselves 1337, just spelled differently.

If you have more than 0.01BTC and complain about early adopters, please consider donating to this address: 1P11Dz4mhDcJvetHqEJu35KNEVqSRmqo3b
General Tips: 1P4YfrYwQKKtfwszzb2aHgLVLiWQCrJfwi
fcmatt
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April 15, 2013, 06:01:54 PM
 #23155

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

the world economy is in recovery! no need to worry anymore  Grin Grin Grin

more likely gold and silver was horribly over priced compared to what it actually cost to bring it out of the ground and sell it.
eventually miners caught up to demand as well as buyers decided they no longer desired to have as much.
Brushan
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April 15, 2013, 06:04:46 PM
 #23156

What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..

BTC: 17BTWGuG3EKaZuTYuEpV1ewVz3UKgUqfEP
LTC: Lf5hcNH5dQPH9dZYC7odSuWvuz37DMi9Gg
samson
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April 15, 2013, 06:05:34 PM
 #23157

they're doing pretty good with lag, max 7 seconds and it went down in one.

I saw 20 seconds at one point on the IRC. It didn't last long though.

[00:36] <gribble> BTCUSD ticker | Best bid: 91.55000, Best ask: 92.00000, Bid-ask spread: 0.45000, Last trade: 92.00000, 24 hour volume: 150121.79836125, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.43328
[00:38] <gribble> MtGox lag is 19.233831 seconds.
[00:39] <gribble> MtGox lag is 20.502757 seconds.
[00:39] <gribble> MtGox lag is 1.515664 seconds.
[00:39] <gribble> BTCUSD ticker | Best bid: 89.16000, Best ask: 89.30000, Bid-ask spread: 0.14000, Last trade: 89.30000, 24 hour volume: 154654.33890230, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.30519
[00:44] <gribble> BTCUSD ticker | Best bid: 89.00000, Best ask: 90.00000, Bid-ask spread: 1.00000, Last trade: 90.00000, 24 hour volume: 157349.67463144, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.20760
Jaques
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April 15, 2013, 06:05:57 PM
 #23158

How does the notion of a cargo cult apply here? 

you can't see it at all?  Huh

samson
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April 15, 2013, 06:07:53 PM
 #23159

What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..

I think people see falling prices so unless they're going to trade the swings they will wait for it to bottom out before buying.
notme
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April 15, 2013, 06:08:59 PM
 #23160

Bitcoin is down ~10% currently. Anyone happen to take notice that gold and silver are also down ~10% right now? Any thoughts or knowledge about that?

Tons: https://bitcointalk.org/index.php?topic=68655.0

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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