Bitcoin Forum
December 03, 2016, 04:50:51 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 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 1648429 times)
Terpie
Full Member
***
Offline Offline

Activity: 175



View Profile
April 15, 2013, 10:47:49 PM
 #23281

It's frustrating to think how much momentum/feedback there is in the pricing of Bitcoin. When it's going down, miners are selling --> downward pressure --> holders sell waiting for a bottom --> downward pressure -->  would be buyers hold off --> supply expands like crazy. Then on the way up everyone is doing the opposite. I think this crash is going to essentially be an accelerated version of 2011. Sub-$50 pricing , wait for the price to stabilize for 1-3 weeks, then as soon as it starts moving back up for 5-7 consecutive days, the money will come pouring back in. My guess is 1-2 months from now.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480740651
Hero Member
*
Offline Offline

Posts: 1480740651

View Profile Personal Message (Offline)

Ignore
1480740651
Reply with quote  #2

1480740651
Report to moderator
1480740651
Hero Member
*
Offline Offline

Posts: 1480740651

View Profile Personal Message (Offline)

Ignore
1480740651
Reply with quote  #2

1480740651
Report to moderator
1480740651
Hero Member
*
Offline Offline

Posts: 1480740651

View Profile Personal Message (Offline)

Ignore
1480740651
Reply with quote  #2

1480740651
Report to moderator
Brushan
Member
**
Offline Offline

Activity: 98



View Profile
April 15, 2013, 10:48:19 PM
 #23282

Don't worry. The free market on MtGox will find a fair price. If the DDOsers and the lag allow it.


There hasn't been a significant amount of lag today. The market is improving and so will the price. Just maybe not today.

BTC: 17BTWGuG3EKaZuTYuEpV1ewVz3UKgUqfEP
LTC: Lf5hcNH5dQPH9dZYC7odSuWvuz37DMi9Gg
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
April 15, 2013, 10:49:32 PM
 #23283

It's frustrating to think how much momentum/feedback there is in the pricing of Bitcoin. When it's going down, miners are selling --> downward pressure --> holders sell waiting for a bottom --> downward pressure -->  would be buyers hold off --> supply expands like crazy. Then on the way up everyone is doing the opposite. I think this crash is going to essentially be an accelerated version of 2011. Sub-$50 pricing , wait for the price to stabilize for 1-3 weeks, then as soon as it starts moving back up for 5-7 consecutive days, the money will come pouring back in. My guess is 1-2 months from now.

this is not far from what I've been thinking. A fast-forward version of 2011. about 10-20 times faster.

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

Activity: 938


chaos is fun...…damental :)


View Profile
April 15, 2013, 10:50:47 PM
 #23284


Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
Brushan
Member
**
Offline Offline

Activity: 98



View Profile
April 15, 2013, 10:52:10 PM
 #23285

It's frustrating to think how much momentum/feedback there is in the pricing of Bitcoin. When it's going down, miners are selling --> downward pressure --> holders sell waiting for a bottom --> downward pressure -->  would be buyers hold off --> supply expands like crazy. Then on the way up everyone is doing the opposite. I think this crash is going to essentially be an accelerated version of 2011. Sub-$50 pricing , wait for the price to stabilize for 1-3 weeks, then as soon as it starts moving back up for 5-7 consecutive days, the money will come pouring back in. My guess is 1-2 months from now.

this is not far from what I've been thinking. A fast-forward version of 2011. about 10-20 times faster.

My thoughts exactly. Which means we'll make alot of money if it happens  Grin

BTC: 17BTWGuG3EKaZuTYuEpV1ewVz3UKgUqfEP
LTC: Lf5hcNH5dQPH9dZYC7odSuWvuz37DMi9Gg
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
April 15, 2013, 10:52:41 PM
 #23286

If this insanity continues, at some point Mark Karpeles will have all the money.

EDIT: oh hey: no lag.. why? no ddos?


At this point, I think everyone should start accepting the following identity:  Bitcoins = Kerpeles
seleme
Hero Member
*****
Offline Offline

Activity: 924


Twitter - @alzu1977


View Profile
April 15, 2013, 10:53:02 PM
 #23287

less sale orders now, might not go much down anymore

Terpie
Full Member
***
Offline Offline

Activity: 175



View Profile
April 15, 2013, 10:56:28 PM
 #23288

It's frustrating to think how much momentum/feedback there is in the pricing of Bitcoin. When it's going down, miners are selling --> downward pressure --> holders sell waiting for a bottom --> downward pressure -->  would be buyers hold off --> supply expands like crazy. Then on the way up everyone is doing the opposite. I think this crash is going to essentially be an accelerated version of 2011. Sub-$50 pricing , wait for the price to stabilize for 1-3 weeks, then as soon as it starts moving back up for 5-7 consecutive days, the money will come pouring back in. My guess is 1-2 months from now.

this is not far from what I've been thinking. A fast-forward version of 2011. about 10-20 times faster.

If this does happen, would be interesting to see whether the trend of larger bubbles & faster crashes is the mechanism that gets Bitcoin to true mainstream adoption. At some point the volatility would have to just dissipate as adoption reaches its saturation point.
Brushan
Member
**
Offline Offline

Activity: 98



View Profile
April 15, 2013, 10:57:57 PM
 #23289

It's frustrating to think how much momentum/feedback there is in the pricing of Bitcoin. When it's going down, miners are selling --> downward pressure --> holders sell waiting for a bottom --> downward pressure -->  would be buyers hold off --> supply expands like crazy. Then on the way up everyone is doing the opposite. I think this crash is going to essentially be an accelerated version of 2011. Sub-$50 pricing , wait for the price to stabilize for 1-3 weeks, then as soon as it starts moving back up for 5-7 consecutive days, the money will come pouring back in. My guess is 1-2 months from now.

this is not far from what I've been thinking. A fast-forward version of 2011. about 10-20 times faster.

If this does happen, would be interesting to see whether the trend of larger bubbles & faster crashes is the mechanism that gets Bitcoin to true mainstream adoption. At some point the volatility would have to just dissipate as adoption reaches its saturation point.

It's the only way i can see it.

BTC: 17BTWGuG3EKaZuTYuEpV1ewVz3UKgUqfEP
LTC: Lf5hcNH5dQPH9dZYC7odSuWvuz37DMi9Gg
BitcoinAshley
Sr. Member
****
Offline Offline

Activity: 448



View Profile
April 15, 2013, 11:01:29 PM
 #23290

Sorry for double post but unless they're just getting home or taking the time to confirm the wallet transfer to Gox, I can't believe people are selling in the $70s.  Any chart shows there's been a decline for two hours already.  Do people not like their profit?  If they were desperate to cash out, IDK, $90 seems better than $70.  Maybe it's just me.


Remember, not all sells are people cashing out at a miserable loss.

-Sold at $88
-Bought at 86
-Sold at 87
-Bought at 84
-Sold at 85
-Bought at 81
-Bought at 80
-Sold at 83
-Sold at 81
-Bought at 78
-Sold at 81

And so on and so forth. Some people have the patience and skillz to sit there and make money on the minute-to-minute. They're the "evil speculators" that our stereotyping occupy-wall-st bear crowd likes to complain about.
GreekGeek
Hero Member
*****
Offline Offline

Activity: 523


Jesus was a (Goddamn) hippy socialist


View Profile
April 15, 2013, 11:05:17 PM
 #23291

It's frustrating to think how much momentum/feedback there is in the pricing of Bitcoin. When it's going down, miners are selling --> downward pressure --> holders sell waiting for a bottom --> downward pressure -->  would be buyers hold off --> supply expands like crazy. Then on the way up everyone is doing the opposite. I think this crash is going to essentially be an accelerated version of 2011. Sub-$50 pricing , wait for the price to stabilize for 1-3 weeks, then as soon as it starts moving back up for 5-7 consecutive days, the money will come pouring back in. My guess is 1-2 months from now.

this is not far from what I've been thinking. A fast-forward version of 2011. about 10-20 times faster.

If this does happen, would be interesting to see whether the trend of larger bubbles & faster crashes is the mechanism that gets Bitcoin to true mainstream adoption. At some point the volatility would have to just dissipate as adoption reaches its saturation point.

It's the only way i can see it.

if thing happen faster as time passes
then we should have a price graph with the price in log scale and the time in e^(1/t)  scale
 Wink

retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
DougTanner
Sr. Member
****
Offline Offline

Activity: 280



View Profile
April 15, 2013, 11:07:17 PM
 #23292

Looks like that was the bottom (for now).


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

Activity: 1162


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
April 15, 2013, 11:08:21 PM
 #23293

Looks like that was the bottom (for now).



See you at 100 in the morning. (EDIT: I hope)

more or less retired.
Kazu
Full Member
***
Offline Offline

Activity: 168


View Profile
April 15, 2013, 11:14:59 PM
 #23294

Seems to be fixing. I'd have bought in if I had any free cash  Lips sealed

CoinLenders - Bitcoin Bank Script / Demo
1v.io/kazu - 15ccW7m6RxDFWEKc3P1NdwWpX1N1pU7gZ8
gizmoh
Legendary
*
Offline Offline

Activity: 1134



View Profile
April 15, 2013, 11:20:57 PM
 #23295

Its not over yet..still some trigger selling

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"
BitcoinAshley
Sr. Member
****
Offline Offline

Activity: 448



View Profile
April 15, 2013, 11:27:32 PM
 #23296

if thing happen faster as time passes
then we should have a price graph with the price in log scale and the time in e^(1/t)  scale

You are a genious!
I'm no math whiz but basically that function would do the same for the time on the x axis as the log scale does for price on the y axis?

I'd like to see a chart of USD/BTC with a 30-day rolling average line, except with the time, as you suggested, e^(1/t). That would be the ultimate chart porn!

Plus it would piss off the bears. See, bears hate log scales, because "regular old" integer scales overemphasize recent price events but de-emphasize past events. So, the 2011 jump looks like a blip and the current crash looks like a train wreck of biblical proportions. Log scales treat a rise from 1 to 2 the same as 100 to 200, getting rid of the psychological barriers. And bears LOVE psychological barriers.

GreekGeek
Hero Member
*****
Offline Offline

Activity: 523


Jesus was a (Goddamn) hippy socialist


View Profile
April 15, 2013, 11:38:49 PM
 #23297

if thing happen faster as time passes
then we should have a price graph with the price in log scale and the time in e^(1/t)  scale

You are a genious!
I'm no math whiz but basically that function would do the same for the time on the x axis as the log scale does for price on the y axis?

I'd like to see a chart of USD/BTC with a 30-day rolling average line, except with the time, as you suggested, e^(1/t). That would be the ultimate chart porn!

Plus it would piss off the bears. See, bears hate log scales, because "regular old" integer scales overemphasize recent price events but de-emphasize past events. So, the 2011 jump looks like a blip and the current crash looks like a train wreck of biblical proportions. Log scales treat a rise from 1 to 2 the same as 100 to 200, getting rid of the psychological barriers. And bears LOVE psychological barriers.



e^(1/t) does the exact opposite of log   it "squeezes" the  bottom instead of the top (log) of the axis 
Actually I think for it to work  the x axis should be  t*e^(1/t) , t>1 , but I don't have the time to do a graph
maybe someone else can
 

retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
elux
Legendary
*
Offline Offline

Activity: 1454



View Profile
April 15, 2013, 11:57:09 PM
 #23298

seleme
Hero Member
*****
Offline Offline

Activity: 924


Twitter - @alzu1977


View Profile
April 16, 2013, 12:10:12 AM
 #23299

I guess that's it for now, I don't think it will go below 80 next few hours

Lol, as soon as I wrote it some sale orders appeared

ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
April 16, 2013, 12:13:23 AM
 #23300

come on bulls, buy it up to 90.

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.
Pages: « 1 ... 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!