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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1651311 times)
Yuhfhrh
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November 05, 2012, 02:18:11 AM
 #4541

And the wall is gone. What will Mr. M do next?

Edit: Sneaky! That last person sold 1.3k btc at 10.80 and is now hoping to buy them back at $10.66
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November 05, 2012, 02:20:39 AM
 #4542

the only reason for this to go UP is the MACD daily cross over but we still have 23:18 left for this day

this is why its going up: http://www.zerohedge.com/news/2012-11-04/bitcoin-seen-through-eyes-central-banker#comments
if fundamentals have anything to do with price then namecoin should have way much value compared to bitcoin and that is a awesome way to remember that all is about speculation

Namecoin needs a namespace reboot before it can be useful.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Yuhfhrh
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November 05, 2012, 02:23:16 AM
 #4543

Adam, I am feeling your high volume low movement candle coming up lol
adamstgBit
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November 05, 2012, 02:28:12 AM
 #4544

Adam, I am feeling your high volume low movement candle coming up lol
yup,  updownupdownupdown, that will do it  Smiley

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November 05, 2012, 03:40:19 AM
 #4545

And the wall is gone. What will Mr. M do next?

Edit: Sneaky! That last person sold 1.3k btc at 10.80 and is now hoping to buy them back at $10.66
(:

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November 05, 2012, 04:04:12 AM
 #4546

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

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November 05, 2012, 04:11:33 AM
 #4547

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.



My advise: Buy Bitcoin
Yuhfhrh
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November 05, 2012, 04:11:47 AM
 #4548

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.



Edit: Actually don't want to share that lol
lebing
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November 05, 2012, 04:23:43 AM
 #4549

One damn good reason to trade bitcoin and not stocks:

Taxes

Bro, do you even blockchain?
-E Voorhees
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November 05, 2012, 04:59:06 AM
 #4550

One damn good reason to trade bitcoin and not stocks:

Taxes

Try a roth ira or regular ira if you think taxes will be low for you when you retire.

So with a roth... Taxes are irrelevant unless the laws change.

But i am off topic. My point was time versus profit with trading btc. I think i could outdo many here by looking for soda cans to recycle. Seriously.
adamstgBit
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November 05, 2012, 05:01:42 AM
 #4551

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.



this reminds me of a popup i often get
http://thewebprofits.com/

fabrizziop
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November 05, 2012, 09:50:47 AM
 #4552

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.



this reminds me of a popup i often get
http://thewebprofits.com/

Hurr Durr, Only by drawing a dumb line I can make 14500$ like him in like two months. Oh boy, if trading was that simple I would be rich. (my technique is buy high, sell low lol)
ElectricMucus
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November 05, 2012, 11:59:44 AM
 #4553

Hmm there still seems some sort of "gravitational pull" on the prices.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
byronbb
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November 05, 2012, 07:17:33 PM
 #4554

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.



this reminds me of a popup i often get
http://thewebprofits.com/


Heh we must have similar google tracking profiles I get those all the time, along with "Meet real asian women".

Yuhfhrh
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November 05, 2012, 07:19:01 PM
 #4555

Btc-e is having a rally, (for them at least this is considered a rally.) Will MtGox play catch up again? lol (I guess what's actually happening is btc-e playing catch up to mtgox)

ElectricMucus
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November 05, 2012, 07:23:45 PM
 #4556

Btc-e is having a rally, (for them at least this is considered a rally.) Will MtGox play catch up again? lol



I've always seen that prices there are consistently below mtgox. If anything this should be considered a period of increased arbitrage activity.
We can talk about that when an if prices are above mtgox.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
adamstgBit
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November 05, 2012, 07:58:59 PM
 #4557

 Roll Eyes Meanwhile on mtgox: sell your coins, INTO MY BIDS muahahaha

proudhon
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November 05, 2012, 10:07:51 PM
 #4558

Roll Eyes Meanwhile on mtgox: sell your coins, INTO MY BIDS muahahaha

I suspect people are going to do that, and more.
Yuhfhrh
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November 05, 2012, 10:11:34 PM
 #4559

What was up with the guy needing bitcoins really bad yesterday? What could the purpose have been? (Talking about the $10.80 bid)
adamstgBit
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November 05, 2012, 10:53:58 PM
 #4560

What was up with the guy needing bitcoins really bad yesterday? What could the purpose have been? (Talking about the $10.80 bid)

it should all become clear in a few days  Tongue

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