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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1649463 times)
proudhon
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July 21, 2012, 06:48:01 PM
 #881

It's hard to say what exactly is going on here, but it sort of looks like there's a fight going on between one person who tried to induce panic selling and another person who tried to induce panic buying.
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July 21, 2012, 06:48:50 PM
 #882

It's hard to say what exactly is going on here, but it sort of looks like there's a fight going on between one person who tried to induce panic selling and another person who tried to induce panic buying.

You mean the market has multiple participants...  Im shocked  Shocked
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July 21, 2012, 06:55:19 PM
 #883

It's hard to say what exactly is going on here, but it sort of looks like there's a fight going on between one person who tried to induce panic selling and another person who tried to induce panic buying.

I really should bring out that "charge" picture again...

(BFL)^2 < 0
proudhon
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July 21, 2012, 07:40:02 PM
 #884

It's hard to say what exactly is going on here, but it sort of looks like there's a fight going on between one person who tried to induce panic selling and another person who tried to induce panic buying.

You mean the market has multiple participants...  Im shocked  Shocked

Yeah, I'm beginning to suspect there's at least one more participant besides pirate.
Raoul Duke
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July 21, 2012, 07:51:10 PM
 #885

/thread
No more walls to track lol

Yuhfhrh
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July 21, 2012, 07:55:16 PM
 #886

/thread
No more walls to track lol

I still see a big wall at $1.15 Smiley
Raoul Duke
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July 21, 2012, 07:59:15 PM
 #887

/thread
No more walls to track lol

I still see a big wall at $1.15 Smiley

Pics or it didn't happen Wink

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July 21, 2012, 08:09:06 PM
 #888

/thread
No more walls to track lol

I still see a big wall at $1.15 Smiley

Pics or it didn't happen Wink

? Its been there for four months.
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July 23, 2012, 04:41:37 AM
 #889


Determined, aggressive bulls.

College of Bucking Bulls Knowledge
smoothie
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July 23, 2012, 04:46:39 AM
 #890


Determined, aggressive bulls.

Give it a few weeks and watch the price simmer down. All this crazy buying (if you look at the pointed candle sticks) looks like people want to sell at $10. Psychoogical barrier to me....


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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
bitcoinBull
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July 23, 2012, 05:33:00 AM
 #891

Give it a few weeks and watch the price simmer down. All this crazy buying (if you look at the pointed candle sticks) looks like people want to sell at $10. Psychoogical barrier to me....

Cuts both ways, there are also long wicks below the candlesticks, which shows strong support below $8. And the relentless walls show some big players determined to squeeze it higher (to the sellers' loss). If/when it settles, I bet its over $10 rather than below.

In addition to record difficulty very soon, I think we're seeing the block reward change to 25BTC now being priced in.

College of Bucking Bulls Knowledge
sadpandatech
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July 23, 2012, 05:42:00 AM
 #892

Give it a few weeks and watch the price simmer down. All this crazy buying (if you look at the pointed candle sticks) looks like people want to sell at $10. Psychoogical barrier to me....

Cuts both ways, there are also long wicks below the candlesticks, which shows strong support below $8. And the relentless walls show some big players determined to squeeze it higher (to the sellers' loss). If/when it settles, I bet its over $10 rather than below.

In addition to record difficulty very soon, I think we're seeing the block reward change to 25BTC now being priced in.

aye, as I stated before I'm not budging for less than 11.99885.

Aye, that block reward halving keeps coming sooner and sooner too with all the less than 14 day to hit 2016 block recalcs happening. Back, last NOV, the estimate was Dec. 20ish. Now it is down to what, the 10th or sooner?

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
adamstgBit
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July 23, 2012, 07:33:00 AM
 #893


Yuhfhrh
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July 23, 2012, 08:08:06 AM
 #894

I always love your drawings Adam.  Cheesy
evlew
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July 24, 2012, 08:33:49 PM
 #895

That drawing made my day!
Yuhfhrh
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July 24, 2012, 09:19:37 PM
 #896

We're going down slowly...
proudhon
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July 24, 2012, 09:27:01 PM
 #897

It'll accelerate.  There are more bitcoin for sell on MtGox now than there have been for a while.  The price has gone up a lot in the past couple months and lots of people want to cash out apparently.  I think we could go into the 5s.
smoothie
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July 24, 2012, 09:36:50 PM
 #898

It'll accelerate.  There are more bitcoin for sell on MtGox now than there have been for a while.  The price has gone up a lot in the past couple months and lots of people want to cash out apparently.  I think we could go into the 5s.

Lowest IMO is $6.25

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Yuhfhrh
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July 24, 2012, 09:58:02 PM
 #899

It'll accelerate.  There are more bitcoin for sell on MtGox now than there have been for a while.  The price has gone up a lot in the past couple months and lots of people want to cash out apparently.  I think we could go into the 5s.

Oh you are so bullish, I think we will go to the 4's!  Grin
proudhon
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July 24, 2012, 10:23:30 PM
 #900

It'll accelerate.  There are more bitcoin for sell on MtGox now than there have been for a while.  The price has gone up a lot in the past couple months and lots of people want to cash out apparently.  I think we could go into the 5s.

Oh you are so bullish, I think we will go to the 4's!  Grin

You sold, right?
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