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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1650593 times)
mccorvic
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January 18, 2013, 11:24:12 PM
 #7621

I am starting to have a hard time seeing anything below $14.50 happening soon.  It's very clear buyers are very comfortable with $15.50 so any time the price gets close go below that people are going to buy to get a good deal.

Believing in single digits anytime soon based on dumps/panic alone at this point is an awfully stupid thing to believe.

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meowmeowbrowncow
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January 18, 2013, 11:33:41 PM
 #7622

I am starting to have a hard time seeing anything below $14.50 happening soon.  It's very clear buyers are very comfortable with $15.50 so any time the price gets close go below that people are going to buy to get a good deal.

Believing in single digits anytime soon based on dumps/panic alone at this point is an awfully stupid thing to believe.


Unless an EA dumps us down to 5.


That's what I worry about.  Why would they do this?  I'm not saying it's rational, but people have been known to do irrational things.

"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
Chalkbot
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January 18, 2013, 11:36:10 PM
 #7623

I am starting to have a hard time seeing anything below $14.50 happening soon.  It's very clear buyers are very comfortable with $15.50 so any time the price gets close go below that people are going to buy to get a good deal.

Believing in single digits anytime soon based on dumps/panic alone at this point is an awfully stupid thing to believe.


Unless an EA dumps us down to 5.


That's what I worry about.  Why would they do this?  I'm not saying it's rational, but people have been known to do irrational things.

But wouldn't that just strengthen Bitcoin in the long run? It would take a massive amount of coins, and they would all move from the hands of one to the hands of many. Bitcoin would rebuild and there would be one less person with the power to do this in the future.
myself
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chaos is fun...…damental :)


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January 18, 2013, 11:39:20 PM
 #7624

It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

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.
szuetam
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January 18, 2013, 11:47:58 PM
 #7625

It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

I understand Chalkbot.

If you spend your coins unwise it wont get back just because of your position or sth like IRL.
Chalkbot
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January 18, 2013, 11:51:15 PM
 #7626

It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

Not sure what you mean. Care to clarify?
mccorvic
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January 19, 2013, 01:27:11 AM
 #7627

It would take a massive amount of coins, and they would all move from the hands of one to the hands of many.
i dont think you understand how is working is the other way around

Not sure what you mean. Care to clarify?

I think he means that most of the current buys, or would potentially buy, are much fewer in number than those who would dump.  So, i.e., three people sell all to one person.

I'm not sure we have evidence to prove either hypothesis though.

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lebing
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Bitcoin: The honey badger of currencies


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January 19, 2013, 01:56:58 AM
 #7628

If anyone wants to get in and eat Mr. M's lunch, now would be a good time.


Bro, do you even blockchain?
-E Voorhees
Sitarow
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January 19, 2013, 01:57:29 AM
 #7629

Luis_GT
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January 19, 2013, 02:06:45 AM
 #7630

SELL SELL SELL!!! I NEED ME SOME CHEAP BITCOINS!  Grin
oakpacific
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January 19, 2013, 02:36:35 AM
 #7631

Seriously, if we have only people with only fiats crying for lower price, then the price is not going to go down.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Luis_GT
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January 19, 2013, 02:39:21 AM
 #7632

I got bitcoins... I just want more  Wink
oakpacific
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January 19, 2013, 02:43:08 AM
 #7633

I got bitcoins... I just want more  Wink

Then you should sell, that's what I meant.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
adamstgBit
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January 19, 2013, 02:44:53 AM
 #7634

I got bitcoins... I just want more  Wink

Then you should sell, that's what I meant.
but he does that, then he'll just be another person with only fiats crying for lower price

oakpacific
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January 19, 2013, 02:47:14 AM
 #7635

I got bitcoins... I just want more  Wink

Then you should sell, that's what I meant.
but he does that, then he'll just be another person with only fiats crying for lower price

If that's what you expect, then you should buy now, since you're bullish. Wink You can't really convince other people to sell while freely confessing that you are clinging to your coins.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Luis_GT
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January 19, 2013, 02:49:18 AM
 #7636

I'm counting on the weekend dip  Grin
oakpacific
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January 19, 2013, 02:56:04 AM
 #7637

Actually, I'm already utterly surprised that we have stayed above $15 for so long.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Luis_GT
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January 19, 2013, 02:58:44 AM
 #7638

I'm expecting a dump like last time... but to 14.50 at least.... not 7...
smoothie
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LEALANA Monero Physical Silver Coins


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January 19, 2013, 02:59:36 AM
 #7639

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ssateneth
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January 19, 2013, 03:45:30 AM
 #7640

Whats an EA dump?

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