Bitcoin Forum
March 19, 2024, 04:06:48 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 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 1811501 times)
dree12
Legendary
*
Offline Offline

Activity: 1246
Merit: 1076



View Profile
April 16, 2013, 03:15:39 AM
 #23341

Is there some bad news I'm unaware of, that would make it rational to move down 30% in a day?

The price was moving up almost 30% in a day, even though there was no really "good news" to support it. This slip is the correction. Bitcoins remain overvalued IMHO.
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1710821208
Hero Member
*
Offline Offline

Posts: 1710821208

View Profile Personal Message (Offline)

Ignore
1710821208
Reply with quote  #2

1710821208
Report to moderator
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
April 16, 2013, 03:15:51 AM
 #23342

I'm an idiot. Tongue
I got the buy and sell button mixed up and sold at 66 instead of bought and brought at 70 instead of sold >.<

it happens to me often...

btc-e probably costed me 5-10% going down now, had all ready for good trade.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
shad0wbitz
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile WWW
April 16, 2013, 03:16:48 AM
 #23343

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.

$5 by the end of the weekend, as I said before Smiley. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.

GOX SUX COX!
The true faces of the Bitcoinica / Intersango SCAM! - Bitcoin was born in the shad0ws, for the shad0ws.
ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
April 16, 2013, 03:20:05 AM
 #23344

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.

$5 by the end of the weekend, as I said before Smiley. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.

Yup, get out, BTC is worth $0 now, I am dumping everything!  It'll just keep going down to nothing.  Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook.  Bitcoin doesn't work anymore.

(BFL)^2 < 0
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
April 16, 2013, 03:21:48 AM
 #23345

btc-e, so reliable so far and dies in such moment Sad

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
Krabby
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


https://primedao.eth.link/#/


View Profile
April 16, 2013, 03:21:54 AM
 #23346

Not sure if you're all being serious.
Are you actually selling?


                     ██████████
                   ████████████
                 ██████████████
               ████████████████
             ██████████████████
██████████           ██████████          ██████████
██████████           ██████████          ██████████
██████████           ██████████          ██████████
██████████           ██████████          ██████████
██████████           █████████           ██████████
██████████           ███████     ██████████████████
██████████████████████████     ████████████████████
████████████████████████     ██████████████████████
██████████████████████     ████████████████████████
████████████████████     ██████████████████████████
██████████████████     ███████           ██████████
██████████           █████████           ██████████
██████████          ██████████           ██████████
██████████          ██████████           ██████████
██████████          ██████████           ██████████
██████████          ██████████           ██████████
                    ██████████████████
                    ████████████████
                    ██████████████
                    ████████████
                    ██████████
PrimeDAO - An Adoption Engine for Open Finance
fitty
Hero Member
*****
Offline Offline

Activity: 728
Merit: 501

CryptoTalk.Org - Get Paid for every Post!


View Profile
April 16, 2013, 03:22:46 AM
 #23347


There's also quite a few people who aren't big investors, but also have that many coins. Someone on reddit hit over $1 million a couple weeks ago, with a fairly small initial investment. They planned on cashing out slowly.

Seeing a crash like this could easily lead someone to selling it all off at once.  

Yeah but it's happening all day long. They're really going to cash out with a 4k sell market order? I find it hard to believe that large dumps like that are just people freaking out.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
proudhon
Legendary
*
Offline Offline

Activity: 2198
Merit: 1309



View Profile
April 16, 2013, 03:23:14 AM
 #23348

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.

$5 by the end of the weekend, as I said before Smiley. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.

Yup, get out, BTC is worth $0 now, I am dumping everything!  It'll just keep going down to nothing.  Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook.  Bitcoin doesn't work anymore.

Given that bitcoin's value depends on trustworthy and functional contacts with the traditional banking system, yeah, it kinda doesn't work.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
talnted
Full Member
***
Offline Offline

Activity: 236
Merit: 100


www.bitcoingem.com


View Profile WWW
April 16, 2013, 03:27:26 AM
 #23349

Red bar after red bar after red bar... This isnt going to let up anytime soon.  Sub 50s this week easily.

The Original and Most Popular Gem Game: www.bitcoingem.com
Over 800+ BTC Paid Out!  1110+ Buyers of the Gem!
Krabby
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


https://primedao.eth.link/#/


View Profile
April 16, 2013, 03:28:42 AM
 #23350

How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)


                     ██████████
                   ████████████
                 ██████████████
               ████████████████
             ██████████████████
██████████           ██████████          ██████████
██████████           ██████████          ██████████
██████████           ██████████          ██████████
██████████           ██████████          ██████████
██████████           █████████           ██████████
██████████           ███████     ██████████████████
██████████████████████████     ████████████████████
████████████████████████     ██████████████████████
██████████████████████     ████████████████████████
████████████████████     ██████████████████████████
██████████████████     ███████           ██████████
██████████           █████████           ██████████
██████████          ██████████           ██████████
██████████          ██████████           ██████████
██████████          ██████████           ██████████
██████████          ██████████           ██████████
                    ██████████████████
                    ████████████████
                    ██████████████
                    ████████████
                    ██████████
PrimeDAO - An Adoption Engine for Open Finance
fitty
Hero Member
*****
Offline Offline

Activity: 728
Merit: 501

CryptoTalk.Org - Get Paid for every Post!


View Profile
April 16, 2013, 03:28:45 AM
 #23351

$5 by the end of the weekend, as I said before Smiley. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.

If you want to get out of the game, why would you do large dumps to induce panic selling thus costing yourself more money? Large coin dumps like this have been going on for years. It's the best way to create volatility.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
April 16, 2013, 03:28:50 AM
 #23352

Red bar after red bar after red bar... This isnt going to let up anytime soon.  Sub 50s this week easily.

Actually, so many red bars usually ends in capitulation and the start of a rally.  Look at historical charts.

(BFL)^2 < 0
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
April 16, 2013, 03:29:09 AM
 #23353

Not sure if you're all being serious.
Are you actually selling?

selling and buying, selling and buying etc... that protected my property for whole night but might be worth nothing if btc-e stays down for next hour or two.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
alexanderanon
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
April 16, 2013, 03:31:36 AM
 #23354


Yup, get out, BTC is worth $0 now, I am dumping everything!  It'll just keep going down to nothing.  Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook.  Bitcoin doesn't work anymore.

Imagine the headlines...

"Bitcoin goes to zero, no one really sure why"

"Entire Bitcoin economy evaporates in less than 2 weeks"

"Satoshi bails, declares Bitcoin 'all just a joke, I swear'"
adamstgBit (OP)
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
April 16, 2013, 03:36:15 AM
 #23355

How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)

it wont be "rebounding"... look around, this is clearly the death of bitcoin.  Cool

nimda
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


0xFB0D8D1534241423


View Profile
April 16, 2013, 03:37:43 AM
 #23356

How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)

it wont be "rebounding"... look around, this is clearly the death of bitcoin.  Cool
Ah... the buy signal.
01BTC10
VIP
Hero Member
*
Offline Offline

Activity: 756
Merit: 503



View Profile
April 16, 2013, 03:38:15 AM
 #23357

Make it single digit.

Kthx!
myself
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


chaos is fun...…damental :)


View Profile
April 16, 2013, 03:41:08 AM
 #23358

65,99

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.
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
April 16, 2013, 03:41:50 AM
 #23359

ok, someone stop this now, I don't want it to drop more Smiley

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
fitty
Hero Member
*****
Offline Offline

Activity: 728
Merit: 501

CryptoTalk.Org - Get Paid for every Post!


View Profile
April 16, 2013, 03:42:57 AM
 #23360

ok, someone stop this now, I don't want it to drop more Smiley

If only you would have said please.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
Pages: « 1 ... 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:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!