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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805440 times)
ManBearPig
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April 16, 2013, 02:34:44 AM
 #23321

Oh, lol, gold lost more in one day than bitcoin.
Gold lost 2 years.
Bitcoin lost 2 weeks.

Grin

It's clearly a ponzi scheme!

It was an an unsustainable bubble. Only terrorists and drug dealers used it anyway.

Oh wait.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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NamelessOne
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April 16, 2013, 02:37:28 AM
 #23322

Oh, lol, gold lost more in one day than bitcoin.
Gold lost 2 years.
Bitcoin lost 2 weeks.

Grin

It's clearly a ponzi scheme!

LOL go get a new forum name! I'm the only NamelessOne around here!  Tongue Cheesy
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April 16, 2013, 02:40:13 AM
 #23323

I'm good if it doesn't go down more... have more coins with some 5% loss in their worth... but can't do anything anymore if it doesn't go up few dollars as I don't have fiat any more and not ready yet to sell some at this price. Plus will go to sleep in some 3 hours and that's what makes me worry, can't see it staying at this point yet, I'm afraid it's going down more.

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NamelessOne
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April 16, 2013, 02:41:56 AM
 #23324

I'm good if it doesn't go down more... have more coins with some 5% loss in their worth... but can't do anything anymore if it doesn't go up few dollars as I don't have fiat any more and not ready yet to sell some at this price. Plus will go to sleep in some 3 hours and that's what makes me worry.
Just make sure to use bitcoin-tools/jessi alarm
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April 16, 2013, 02:43:41 AM
 #23325


1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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April 16, 2013, 02:45:15 AM
 #23326

LOL

This is pretty brutal!

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April 16, 2013, 02:47:18 AM
 #23327

A series of big sells and now we're under 70. This bubble still has some popping left in it (likely to $40 or below), but if we're lucky we can get it over with this month and start the recovery.
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April 16, 2013, 02:48:52 AM
 #23328

Am I reading this chart right that someone just sold over 9000 bitcoins?
keewee
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April 16, 2013, 02:50:10 AM
 #23329


1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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April 16, 2013, 02:51:10 AM
 #23330

Am I reading this chart right that someone just sold over 9000 bitcoins?

Not sure if it was 9000, but it was a shitload  Smiley

1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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April 16, 2013, 02:52:58 AM
 #23331

16k in the past 15 minutes.

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April 16, 2013, 02:53:58 AM
 #23332


1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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April 16, 2013, 02:54:15 AM
 #23333

Bubbles happen both up and down. If this mass selling continues, we may as well see a reverse pop.

April is now deeply in the red thanks to the past few days.
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April 16, 2013, 02:55:16 AM
 #23334

Am I reading this chart right that someone just sold over 9000 bitcoins?

Not sure if it was 9000, but it was a shitload  Smiley

The only reason you dump that many coins at once is to drive the price down so you can re-buy at a lower price point. Someone with that many coins, isn't "panic selling".

It will probably spike back up and the process continues. =)

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April 16, 2013, 02:57:24 AM
 #23335

Am I reading this chart right that someone just sold over 9000 bitcoins?

Not sure if it was 9000, but it was a shitload  Smiley

The only reason you dump that many coins at once is to drive the price down so you can re-buy at a lower price point. Someone with that many coins, isn't "panic selling".

It will probably spike back up and the process continues. =)

The other reason is that dumping the coins slowly would allow the price to go down, possibly costing more than it's worth. The big bidwalls are making panic selling easier.
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April 16, 2013, 02:57:43 AM
 #23336

400+ bought at $72 just now
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April 16, 2013, 02:58:54 AM
 #23337

400+ bought at $72 just now

Coming up: 4000 sold at $62.
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April 16, 2013, 03:01:48 AM
 #23338

Sell while you can  Cheesy

Buying all your coins at 10-20$
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April 16, 2013, 03:02:17 AM
 #23339

can't believe btc-e went down now, just can't believe.. aaaaaaargggghhh

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April 16, 2013, 03:06:28 AM
 #23340

Am I reading this chart right that someone just sold over 9000 bitcoins?

Not sure if it was 9000, but it was a shitload  Smiley

The only reason you dump that many coins at once is to drive the price down so you can re-buy at a lower price point. Someone with that many coins, isn't "panic selling".

It will probably spike back up and the process continues. =)

The other reason is that dumping the coins slowly would allow the price to go down, possibly costing more than it's worth. The big bidwalls are making panic selling easier.

Agreed. There's been a bunch of 3-4K coin dumps today. I find it hard to believe it's a whole bunch of big investors panic selling. If you wanted to force the price lower, 3-4K sells pushing the price down quickly, suckering in panic sellers, is pretty much the way to do it.

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