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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1773250 times)
drlatino999
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July 07, 2012, 08:03:20 PM
 #341

I have one of those feelings that there will be fireworks soon. It's goddamn Saturday of all days, when did we have a Saturday rally? Cheesy This might turn into something epic next week.

Dude, you didn't get the memo? I thought I sent it to Finland, I may have to talk to my delivery service.

Sappers clear the way
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unthy
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cypherdoc
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July 07, 2012, 08:07:20 PM
 #342

close to 4x bid to ask, LOL!
ineededausername
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July 07, 2012, 08:14:03 PM
 #343

close to 4x bid to ask, LOL!

Record low number of asks (116864 BTC)... and $1.742 mil in bids! Grin

edit: Depth chart!

(BFL)^2 < 0
cypherdoc
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July 07, 2012, 08:16:17 PM
 #344

there are some beautiful symmetries and patterns occurring across several markets right now that are going to propel Bitcoin to new heights.
Raoul Duke
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July 07, 2012, 08:22:40 PM
 #345

The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.

MtGox is dying. Mark my words.

Kupsi
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9.9.2012: I predict that single digits... <- FAIL


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July 07, 2012, 08:29:09 PM
 #346

The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
Intersango needs sellers for their Euro market Smiley

https://intersango.com/orderbook.php?currency_pair_id=2
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July 07, 2012, 08:31:05 PM
 #347

The lack of sellers is fairly commonplace. Bitstamp has some sellers, go eat their walls.

Denarium - Leading Physical Bitcoin Manufacturer - Gold Parity Coin Batch #2 NOW FOR SALE!
cypherdoc
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July 07, 2012, 08:31:16 PM
 #348

The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
Intersango needs sellers for their Euro market Smiley

https://intersango.com/orderbook.php?currency_pair_id=2


that is frickin hilarious:

Raoul Duke
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July 07, 2012, 08:39:28 PM
 #349

The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
Intersango needs sellers for their Euro market Smiley

https://intersango.com/orderbook.php?currency_pair_id=2


Intersango also seems to be having problems with withdrawals lol

Bitcoin-OTC FTW!

bitcoinBull
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July 07, 2012, 08:41:20 PM
 #350

It looks like we're getting into a $5-style situation... we're going to be here for quite a while, as walls build up on both sides.

I agree.  I can see the price bouncing between $5 and $7 for the rest of the year.  Mostly because that's where pirate told me he was going to keep it.

Looks like his plan is about to fail. I hope he makes enough from his "business" that he can afford to buy back depositors'  coins!

College of Bucking Bulls Knowledge
drlatino999
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July 07, 2012, 08:42:46 PM
 #351

The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.

MtGox is dying. Mark my words.

I keep hearing that, yet I cleared my USD from Mt Gox in 4 days from start - dwolla - bank. Just sayin.

Sappers clear the way
Math Man
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July 07, 2012, 08:46:32 PM
 #352

The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.

MtGox is dying. Mark my words.

I keep hearing that, yet I cleared my USD from Mt Gox in 4 days from start - dwolla - bank. Just sayin.

I've not been having problems either, withdrawing to Dwolla since I verified my account.
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July 07, 2012, 08:52:21 PM
 #353

You're not having problems because the witchhunt of Mt. Gox is total bullshit. The problems are limited and mostly related to Dwolla being a pain in the ass. Gox is not the most useful exchange anymore though, mostly because of the need for all those verifications. Also the volume has been leaking to other exchanges, which is actually good. Less centralized exchange is good for Bitcoin. At least for Europeans Intersango, and my new favorite Bitstamp, are just way better than Gox. Plain and simple.

I've been doing a lot of SEPA transfers to Bitstamp for a while now and they're ALWAYS credited next bank day at around noon. Mt. Gox and Intersango are both slow as FUCK compared to that and Mt. Gox requires verifications on top of that. Add to this the fact that Euro volume is increasing in general and you have a serious leakage for Gox. So in that sense I agree with psy but I disagree that Gox is dying. Gox is simply not as almighty as before.

Denarium - Leading Physical Bitcoin Manufacturer - Gold Parity Coin Batch #2 NOW FOR SALE!
proudhon
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July 07, 2012, 08:52:41 PM
 #354



Edit:  I think we're seeing all time highs right now for USD bids on the MtGox orderbook - $1.74m.
cypherdoc
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July 07, 2012, 08:53:57 PM
 #355

just when are u going to take down that Bear?


Math Man
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July 07, 2012, 08:57:33 PM
 #356

You're not having problems because the witchhunt of Mt. Gox is total bullshit. The problems are limited and mostly related to Dwolla being a pain in the ass. Gox is not the most useful exchange anymore though, mostly because of the need for all those verifications. Also the volume has been leaking to other exchanges, which is actually good. Less centralized exchange is good for Bitcoin. At least for Europeans Intersango, and my new favorite Bitstamp, are just way better than Gox. Plain and simple.

I've been doing a lot of SEPA transfers to Bitstamp for a while now and they're ALWAYS credited next bank day at around noon. Mt. Gox and Intersango are both slow as FUCK compared to that and Mt. Gox requires verifications on top of that. Add to this the fact that Euro volume is increasing in general and you have a serious leakage for Gox. So in that sense I agree with psy but I disagree that Gox is dying. Gox is simply not as almighty as before.

True. Real competition to Mt. Gox is good and needed.
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July 07, 2012, 09:08:03 PM
 #357

just when are u going to take down that Bear?

When bitcoin gets more use as a currency than a speculative vehicle.
bitcoinBull
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July 07, 2012, 09:13:37 PM
 #358

just when are u going to take down that Bear?

When bitcoin gets more use as a currency than a speculative vehicle.

Even USD is used more as a speculative vehicle than a currency.

College of Bucking Bulls Knowledge
cypherdoc
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July 07, 2012, 09:14:50 PM
 #359

just when are u going to take down that Bear?

When bitcoin gets more use as a currency than a speculative vehicle.

Even USD is used more as a speculative vehicle than a currency.

LOL, nice!
proudhon
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July 07, 2012, 09:54:14 PM
 #360

just when are u going to take down that Bear?

When bitcoin gets more use as a currency than a speculative vehicle.

Even USD is used more as a speculative vehicle than a currency.

LOL, nice!

Touché.  Ok, how about this - When the market cap is in the billions.
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