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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
fcmatt
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October 09, 2012, 01:46:08 AM
 #3641

I have to admit an impressive bounce up today.
But just like before people are probably catching a falling knife.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 09, 2012, 02:20:55 AM
 #3642

for speculation lingo, what is the opposite of the "catching a falling knife" phrase?









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robocoin
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October 09, 2012, 02:34:40 AM
 #3643

I don't even dare looking at the walls, it could crash by looking at it to strong^^ great restraint on both sides now. Dumping "just" 500BTC can cause a little panic dump again.
fcmatt
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October 09, 2012, 02:42:01 AM
 #3644

for speculation lingo, what is the opposite of the "catching a falling knife" phrase?

Momentum trading?
arklan
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October 09, 2012, 03:40:08 AM
 #3645

for speculation lingo, what is the opposite of the "catching a falling knife" phrase?

Momentum trading?

red bouncy ball? Cheesy

i don't post much, but this space for rent.
Sitarow
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October 09, 2012, 05:40:08 AM
 #3646

Quote

red bouncy ball? Cheesy


Yuhfhrh
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October 09, 2012, 06:52:59 AM
 #3647

PP fees to convert USD to CAD is 5% + 1% fee when buying

i can sell bitcoins for 11.77USD and make a tiny profit lol

Too bad there isn't some amazing online currency to send money to others around the world with next to no fees! Oh wait...  Roll Eyes
Yuhfhrh
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October 09, 2012, 07:19:08 AM
 #3648

Who is still buying? Seriously?   Cheesy
kentrolla
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October 09, 2012, 07:21:43 AM
 #3649

Who is still buying? Seriously?   Cheesy
me ofc









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happen or be a part of it"
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Yuhfhrh
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October 09, 2012, 07:27:03 AM
 #3650

Who is still buying? Seriously?   Cheesy
me ofc

kentrolla
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October 09, 2012, 07:28:46 AM
 #3651

turn that frown upside-down  (:









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.
"I could either watch it
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Yuhfhrh
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October 09, 2012, 07:29:35 AM
 #3652

turn that frown upside-down  (:

lol
keewee
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October 09, 2012, 07:33:39 AM
 #3653

<----- waits for cat picture.....

Well I bought at 10.87 but given my (short) trading history it is bound to turn out to be a mistake lol

Nice kiwi! Just make sure to sell before we get to 11.8$. Low volume like that makes this dead cat bounce what it is, a dead cat bouncing off the bottom. If we get to 12$ however, I shall bite my ass and search for some appropriate cat picture from the internetz to illustrate the pain of the moment.

1keewee2vRp63UWvPBynT55ZYw6SUCKDB
Ente
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October 09, 2012, 07:55:41 AM
 #3654

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente
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October 09, 2012, 04:00:09 PM
 #3655

What a ride!
Damn!
13$, 11.8$, 10.6$, 12$!
I could slap myself that I missed out on the whole thing! Up to 20% more bitcoins in two days? Damn!

I need to pay closer attention.
As this here is, theoretically, a thread about walls - where would be a good spot to read about hints and speculations when something like this is imminent? The low volume was a good warning sign, it didn't come out of nowhere (this time)..
Any long-term thread with that stuff?

Heck, maybe a paid-text-alarm would be due!

Ente

You gotta pay attention to the walls, of course.  As much as the TA guys would like to think these aren't very relevant, I think they are.  Everyone recognizes, I think, that a lot of these walls are for show and manipulation.  Still, enough people worry that somebody will react to them, which motivates them to react first, and so on.

Also, pay attention to bitcoin news.  The GLBSE news, combined with some wall posturing and low volume, was about as good a suggestion for an impending downward movement as you can get.

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.
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October 09, 2012, 04:07:26 PM
 #3656

The plunge is coming.
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October 09, 2012, 04:18:46 PM
 #3657

The plunge is coming.

why now
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October 09, 2012, 04:21:58 PM
 #3658

The plunge is coming.

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.
SlaveInDebt
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October 09, 2012, 04:22:12 PM
 #3659


He didn't get his order filled. Huh

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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October 09, 2012, 04:24:51 PM
 #3660


I don't have an open order right now. If not by tonight, then by this weekend, we will plunge.
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