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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811735 times)
Gordonium
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April 16, 2013, 03:10:39 PM
 #23601

and I even managed to talk my father into Bitcoin.

Same here.  Cheesy
Manticore
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April 16, 2013, 03:15:11 PM
 #23602

The bitcoin protocol has proven itself pretty well over the years.  The infrastructure built around it has not.  The events of the past few days appear to have attracted the attention of professionals in trading infrastructure.  It'll take some time for it to get built out and prove itself, but the prospects are looking hopeful that it will get built, and with the support of robust infrastructure the fundamentals of bitcoin will be able to fully express themselves.  That's what I think.

So very recent developments in London and with various potential new exchanges (Coinsetter, etc.) has changed your tune? Interesting.

So you see Mt Gox et al (current infrastructure) holding back Bitcoin whereas I see the recent highs a product of media hype and hyper-speculation.

I don't believe we crashed because of the lack of trust in Mt Gox. And I don't believe we will return to new highs because of these new exchanges. I'm glad to see the new infrastructure, though, because it is necessary to move forward.
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April 16, 2013, 03:16:04 PM
 #23603

Good thing:


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BitcoinAshley
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April 16, 2013, 03:17:06 PM
 #23604

Yeah it's strange, I think people are seeing the drop as a good buy-in, even people who have no idea how markets work. I have a few friends interested in buying in, and I've even seen ads on Craigslist in my area with people asking how to get bitcoins. 

Anyways. FOR THE RECORD, my media FUD prediction is that within a week or two, we will see this in the news regarding the Boston explosions:
"Authorities uncovered new evidence on the suspect's computer that shows he may have used the controversial new currency 'bitcoins' to purchase supplies for the bombs' construction. Several websites exist on an anonymous corner of the internet called the 'darknet' or 'deepweb' where terrorists can use bitcoins to purchase anything from guns to bomb supplies. Bitcoins are an unregulated virtual currency with a wildly fluctuating exchange rate that provides anonymity for money launderers and terrorist groups."

It will have no effect on price.  Cool
hobbes
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April 16, 2013, 03:17:56 PM
 #23605

I'm getting calls from friends asking how to buy. I figured a crash like we saw would drive them away despite their affirmations to buy on a drop. I seem to have been wrong.

Same here. I must admit I'm surprised.

Same story here. Several friends used the dip to buy in and I even managed to talk my father into Bitcoin.

Here, too.

Even proudhon went all in it seems Smiley

NamelessOne
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April 16, 2013, 03:19:51 PM
 #23606

Rally time? Anyone else wish they'd bough around 50ish?  I myself never catch bottoms or tops perfectly, I try to give myself a little cushion room on both sides to confirm things. So wishing I bought at 50ish feels like a good sign to me. Lets see how this plays out.  Grin
DougTanner
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April 16, 2013, 03:22:20 PM
 #23607

Tuesday rally is here. Last chance to buy below $70.00! Ever!



And gone.



Bye bye.


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
ManBearPig
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April 16, 2013, 03:25:06 PM
 #23608



Ladies and gentleman, we appear to be functioning normally Wink

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ManBearPig
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April 16, 2013, 03:25:48 PM
 #23609

Green daily candle today?

I would not bet against it right now!

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San1ty
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April 16, 2013, 03:26:35 PM
 #23610

What The Flying Fuck? I bought a significant quantity at 50, did I just snipe the bottom? Normally my get in and out moments are far from ideal!

Found my posts helpful? Consider buying me a beer :-)!:
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Digikeys
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April 16, 2013, 03:26:54 PM
 #23611

BAM!
Manticore
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April 16, 2013, 03:27:47 PM
 #23612

Guys, please dont feed the troll.

In other news, getting past 80 will be a good indicator that we are back on track for the stratosphere.

+1, I think we could see a pass through $80 this week, with a lot of volatility up and down afterward, and then in the coming weeks some stability (as much as you can get in bitcoin anyway) around $100.

Ok.
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April 16, 2013, 03:27:56 PM
 #23613

What The Flying Fuck? I bought a significant quantity at 50, did I just snipe the bottom? Normally my get in and out moments are far from ideal!
You very well may have. Good job if that ends up being the case!  Grin
Ivanhoe
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April 16, 2013, 03:28:01 PM
 #23614

Here we go again!
ManBearPig
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April 16, 2013, 03:28:19 PM
 #23615



Whoosh.

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Richy_T
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April 16, 2013, 03:29:01 PM
 #23616

Wow.

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 16, 2013, 03:31:08 PM
 #23617

We're going up it seems.


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seleme
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April 16, 2013, 03:35:13 PM
 #23618

Rally time? Anyone else wish they'd bough around 50ish?  I myself never catch bottoms or tops perfectly, I try to give myself a little cushion room on both sides to confirm things. So wishing I bought at 50ish feels like a good sign to me. Lets see how this plays out.  Grin

I bought 60% what I could between 55-57 some 12 hours ago, then sold it on 69 just to wait 2-3 hours to drop and then rebought at 69.99 Smiley

Went to sleep, in meantime it drop 50, when I woke up it was 60 Smiley

However, not bad, I have some 30-35% more coins than before the crash.

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ManBearPig
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April 16, 2013, 03:43:50 PM
 #23619

Rally time? Anyone else wish they'd bough around 50ish?  I myself never catch bottoms or tops perfectly, I try to give myself a little cushion room on both sides to confirm things. So wishing I bought at 50ish feels like a good sign to me. Lets see how this plays out.  Grin

I bought 60% what I could between 55-57 some 12 hours ago, then sold it on 69 just to wait 2-3 hours to drop and then rebought at 69.99 Smiley

Went to sleep, in meantime it drop 50, when I woke up it was 60 Smiley

However, not bad, I have some 30-35% more coins than before the crash.

Nice. I'm double, but I've had no sleep :p

I tweet crypto nonsense: https://twitter.com/DunningKruger_
NamelessOne
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April 16, 2013, 03:47:24 PM
 #23620

Rally time? Anyone else wish they'd bough around 50ish?  I myself never catch bottoms or tops perfectly, I try to give myself a little cushion room on both sides to confirm things. So wishing I bought at 50ish feels like a good sign to me. Lets see how this plays out.  Grin

I bought 60% what I could between 55-57 some 12 hours ago, then sold it on 69 just to wait 2-3 hours to drop and then rebought at 69.99 Smiley

Went to sleep, in meantime it drop 50, when I woke up it was 60 Smiley

However, not bad, I have some 30-35% more coins than before the crash.

Nice. I'm double, but I've had no sleep :p

Mmm double
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