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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652307 times)
Tacticat
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December 21, 2012, 10:40:29 AM
 #6581

just ask yourself how many ppl do own apple shares ? now go and look at the monthly volume traded by the big banks

I do not expect big banks get into btc any time soon. But when it happens, my approach will change.





What would happen then?
Would the price stabilize or become more volatile?

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myself
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chaos is fun...…damental :)


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December 21, 2012, 11:59:15 AM
 #6582

just ask yourself how many ppl do own apple shares ? now go and look at the monthly volume traded by the big banks

I do not expect big banks get into btc any time soon. But when it happens, my approach will change.
that's not the point, is not about banks (OMFG SOMEONE SAID BANKS, BANKS COME AND BUY BITCOINS ? LETS MISS READ THE POINT), the banks are the major player, in the bitcoin world one does not need to  be  a bank to be a major player, each time to price go up the less effect minor players have on the price and for a reason like this funds dont participate on penny stocks and some of them don't even buy stock if the price is under 5USD/share  and when a stock goes below 5USD they dump the shares

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.
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December 21, 2012, 12:43:43 PM
 #6583

just ask yourself how many ppl do own apple shares ? now go and look at the monthly volume traded by the big banks

I do not expect big banks get into btc any time soon. But when it happens, my approach will change.
that's not the point, is not about banks (OMFG SOMEONE SAID BANKS, BANKS COME AND BUY BITCOINS ? LETS MISS READ THE POINT), the banks are the major player, in the bitcoin world one does not need to  be  a bank to be a major player, each time to price go up the less effect minor players have on the price and for a reason like this funds dont participate on penny stocks and some of them don't even buy stock if the price is under 5USD/share  and when a stock goes below 5USD they dump the shares

Which is why we should all be shorting bitcoin, yes?
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December 21, 2012, 01:00:36 PM
 #6584

just ask yourself how many ppl do own apple shares ? now go and look at the monthly volume traded by the big banks

I do not expect big banks get into btc any time soon. But when it happens, my approach will change.





What would happen then?
Would the price stabilize or become more volatile?

If big banks decide to join the game first they will try to devaluate btc in order to buy cheap (big players always use such strategy). This could be done by rumors or a plan of making btc illegal but not making it illegal actually (they have the tools to make this happen). When the price falls and starts to stabilize then they buy. If devaluation at some point ever begin then keep a close eye in the volume.
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chaos is fun...…damental :)


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December 21, 2012, 01:03:57 PM
 #6585

Which is why we should all be shorting bitcoin, yes?
nope, you should to your homework and get your own conclusions develop your entry's and you exit points, trailing stop, you make your own strategies that will allow you to sleep well, the only person who can say buy or sell is a financial advisor and you pay them serious money to do the thinking for you, ofc we can all troll around about going short or going long for the lolz nothing more    

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.
robocoin
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December 21, 2012, 04:46:28 PM
 #6586

some walls are still up

but I was the first second to predict it on here:

I smell a bear trap
: FTFY

Lets call them "scare-walls"!

1. It might be a bullish big player who wants people to panic shorting.
2. It might be a bearish big player who is shitting his pants.
3. It might be a random idiot from the internet with to much Bitcoins.
>>> If 2. would be true: we should be aware how deep a drop could go followed by a panic.

What ever, a drop below 12 would be unreasonable. If I'll see numbers smaller than 12 I'll surely panicking a little with you...


Just another "scare-wall"? Or does the real big bear want us to know something?^^

http://i.imgur.com/sWS4D.png
robocoin
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December 21, 2012, 04:53:21 PM
 #6587

Which is why we should all be shorting bitcoin, yes?
nope, you should to your homework and get your own conclusions develop your entry's and you exit points, trailing stop, you make your own strategies that will allow you to sleep well, the only person who can say buy or sell is a financial advisor and you pay them serious money to do the thinking for you, ofc we can all troll around about going short or going long for the lolz nothing more    

Actually true. I don't pay for any advisory service, I need the adrenaline! Maybe I'll get this ga-bitbot working to send reports to me without trading... I need a Mount Gox demo account with 100000$ lol.
mccorvic
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December 21, 2012, 05:06:21 PM
 #6588

3. It might be a random idiot from the internet with to much Bitcoins.

I always assume this is the case.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
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December 21, 2012, 09:52:00 PM
 #6589

Which is why we should all be shorting bitcoin, yes?
nope, you should to your homework and get your own conclusions develop your entry's and you exit points, trailing stop, you make your own strategies that will allow you to sleep well, the only person who can say buy or sell is a financial advisor and you pay them serious money to do the thinking for you, ofc we can all troll around about going short or going long for the lolz nothing more    

Yeah, but we all know deep down long term this thing isn't going to work out.  Amiright?  Wink
adamstgBit
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December 21, 2012, 09:54:01 PM
 #6590

Which is why we should all be shorting bitcoin, yes?
nope, you should to your homework and get your own conclusions develop your entry's and you exit points, trailing stop, you make your own strategies that will allow you to sleep well, the only person who can say buy or sell is a financial advisor and you pay them serious money to do the thinking for you, ofc we can all troll around about going short or going long for the lolz nothing more    

Yeah, but we all know deep down long term this thing isn't going to work out.  Amiright?  Wink

DOWN!!!!!  Cheesy

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December 22, 2012, 03:07:59 AM
 #6591

the 10 day chart looks scary, looks like we are about to fall of a cliff  Undecided

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December 22, 2012, 03:18:32 AM
 #6592

the 10 day chart looks scary, looks like we are about to fall of a cliff  Undecided

You're talking about the DOW right?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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adamstgBit
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December 22, 2012, 06:04:53 AM
 #6593



adamstgBit
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December 22, 2012, 06:17:24 AM
 #6594

The Satoshi Nakamoto walks into a bar Joke!
satoshi nakamoto walks into a bar.
meets a seasoned C++ programer
tells him about bitcoin.
the programer loves it!
but he ask " How do you know this algorithm really works?"
satoshi Lols and says "NO no its Solid Code... I Tested it  Grin"

robocoin
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December 22, 2012, 06:24:20 AM
 #6595




Dafuq is/was this?
adamstgBit
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December 22, 2012, 06:55:37 AM
 #6596


lol what does it look like. i had fun with paint  Cheesy

you dont like it  Huh  Cry

zoinky
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December 22, 2012, 06:58:17 AM
 #6597

12.50 here we come?
robocoin
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December 22, 2012, 06:58:27 AM
 #6598


I agree with you Wink
adamstgBit
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December 22, 2012, 07:01:24 AM
 #6599


that Glowing Candle strait Up to 32++ is coming one day soon i can feel it, and why not slide up while waiting   Cheesy

robocoin
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December 22, 2012, 07:05:34 AM
 #6600


that Glowing Candle strait Up to 32++ is coming one day soon i can feel it, and why not slide up while waiting   Cheesy

It's actually looking like a new year's eve party^^ I'll enjoy it.
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