Wall Observer - MtGoxUSD wall movement tracker

[proudhon]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

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[Yuhfhrh]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

[mccorvic]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

It's easy to lose perspective.  Remember in Jan. how $10 by years end seemed to be the thoughts of only the craziest bulls?

I'd hesitate to call the current situation a "rally" but I do claim it as a victory for the bulls.  The bears have failed.

[robocoin]

Aaaaand it's gone 

bears are scared of dumping

Yes! Thats the picture I was looking for. lol

[lebing]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

[adamstgBit]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Dont try to fight the trend, be ahead of the trend. 

[proudhon]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

[420]

*buzzer* wrong

[Yuhfhrh]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

For the next 3-4 years, we are only going to be producing half as many bitcoins.

[proudhon]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

For the next 3-4 years, we are only going to be producing half as many bitcoins.

Which will hopefully keep the price from returning to $2 too quickly?

[Yuhfhrh]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

For the next 3-4 years, we are only going to be producing half as many bitcoins.

Which will hopefully keep the price from returning to $2 too quickly?

There is nothing preventing us from heading back to $2, but I just don't think demand is going to drop that much.

[adamstgBit]

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again?  $2?

I think $2 is a little extreme.

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

its a good bet we will go down in the short term

but as long has as people continue to have faith in the protocol, long term will always be UP

but the hash rate based double spend thread on the main board is kinda scary since i don't fully understand it.  

I see a fork down the road, a fork backed up by only 1 million dollars, and a lot of hard work, could totally take over...

[420]

whoso thinks bitcoin is going back to $2 is a dodo head

[adamstgBit]

We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.

Do you take into account things like https://localbitcoins.com/statistics when talking about decreasing volume?

As someone who would tend to avoid mixing Bitcoin with the traditional banking system, I have to wonder how much volume exists that we simply can't measure, and if that is increasing thanks to websites such as localbitcoins.com or not? And if it is, how does it compare to the figures from Gox, et cetera? And if we did have numbers, what type of people are more likely to exchange locally as opposed to Gox? For example, I doubt daytraders would use a local exchange, but a long term investor might? And is any of that significant or meaningless?

good point.
also Gox itself appears to be losing a lot of its 90% market share, while all the others are gaining more volume.

add to that a slowly growing economy, and we have more then enough reasons for the drop in vol.

[robocoin]

I don't get the BS about the volume. Are you holding it wrong?

[adamstgBit]

  ya vol in Currency looks good gr8.

[mccorvic]

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

The abuse of logic and reasoning here is just...is just painful. 

Prices stable at $13.50 = $2

WHAAAAAAAAAAAAAAAAAAAAAAAAAT?!

[420]

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

The abuse of logic and reasoning here is just...is just painful. 

Prices stable at $13.50 = $2

WHAAAAAAAAAAAAAAAAAAAAAAAAAT?!

if you take into account the science instutite got rid of the numbers3 through 12 we now count

1, 2, 13, 14, 15

I have found the logic!!!

[lebing]

Why?  Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through.  We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.  All this in the face of numerous positive developments.  What do you think, myself?  Everything, including the fundamentals seems to point down, way down, for the medium to long term.  Right?  If you're going to take a longterm position right now it should be a long term short.  Yes?

The abuse of logic and reasoning here is just...is just painful. 

Prices stable at $13.50 = $2

WHAAAAAAAAAAAAAAAAAAAAAAAAAT?!

Yeah he is trolling hard.

[mccorvic]

if you take into account the science instutite got rid of the numbers3 through 12 we now count

1, 2, 13, 14, 15

I have found the logic!!!

I like this new math (I can now safely add an extra 10 inches when I brag to the ladies).