Wall Observer - MtGoxUSD wall movement tracker

[sadpandatech]

One thing I like about the current market is walls are either being bought or sold into. No more wall-pulling at the last moment. And that is one reason there hasn't been a lot of wide swings in price, except when there is large influx of bitcoin or fiat.

aye, it is nice to see players actually looking to buy or sell for once in any direction. Those fake walls get annoying and they don't fool anyone. Maybe that person finally learned after eating a few hefty chunks last week or so.

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[cypherdoc]

it still won't go down Adam.  hit the BUY button! 

[smoothie]

it still won't go down Adam.  hit the BUY button! 

hehe I guess we need to define that.

Just seen the price go from $12 to $10.80.

[cypherdoc]

it's like Magic; it just won't go down. 

[adamstgBit]

it's like Magic; it just won't go down. 

do you think this is going to be a repeat of last year when people where waiting to buy back lower, but lower prices never came, and then the bubble happened ...

[smoothie]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

[cypherdoc]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

[sadpandatech]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

[adamstgBit]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

wtv man pirate will save us

[smoothie]

it's like Magic; it just won't go down.  

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

No one knows that the $12 spike was directly related to the $1B glitch with 100% accuracy.

$10.80 is not where I want to buy, yes you are right.

You still didn't answer the question, but instead prefer to play the psychological game on where I sold or when I am wanting to buy in, which has nothing to do with the discussion.

 

Edit: Sorry I don't play into the psychological game as you have been able to with Adam. 

[cypherdoc]

not to mention the fact that you guys are hanging on every post waiting for the drop so you can BUY back.  problem is you gotta sleep sometime and sure enough, the spike down will happen just as you close your eyes. or not.  might as well just hit the buy button now. 

[smoothie]

not to mention the fact that you guys are hanging on every post waiting for the drop so you can BUY back.  problem is you gotta sleep sometime and sure enough, the spike down will happen just as you close your eyes. or not.  might as well just hit the buy button now. 

That's what putting buy orders in is for.

I slept great last night BTW. 9 hours. Thanks for the advice. Means a lot. He he

 

[adamstgBit]

not to mention the fact that you guys are hanging on every post waiting for the drop so you can BUY back.  problem is you gotta sleep sometime and sure enough, the spike down will happen just as you close your eyes. or not.  might as well just hit the buy button now.  

That's what putting buy orders in is for.

I slept great last night BTW. 9 hours. Thanks for the advice. Means a lot. He he

 

I fix my bids b4 going to sleep.

I get to move them up a bit cuz i sold about 11 today  

I also made myself a excel sheet to track my trades and calculate profits for what price i want to buy back in

[smoothie]

not to mention the fact that you guys are hanging on every post waiting for the drop so you can BUY back.  problem is you gotta sleep sometime and sure enough, the spike down will happen just as you close your eyes. or not.  might as well just hit the buy button now.  

That's what putting buy orders in is for.

I slept great last night BTW. 9 hours. Thanks for the advice. Means a lot. He he

 

I fix my bids b4 going to sleep.

**Whispers**....shhhh Cypher doesn't know that.  

Just kidding.

[cedus]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

Not to mention that gox also cancelled most of the asks during the glitch. I'm surprised the price didn't top higher. Bullish sign for me.

[smoothie]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

So the price going from $12 to $10.80 is not going down and not a "drop".. What is it called? "going up"?

[cypherdoc]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

So the price going from $12 to $10.80 is not going down and not a "drop".. What is it called? "going up"?

of course its a drop.  but what we're both talking about here is a significant DROP.  as in CRASH.  which would open up a buying opportunity for you and Adam.  yes, it could happen but so far so good.  you should know.  read my update.

[smoothie]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

So the price going from $12 to $10.80 is not going down and not a "drop".. What is it called? "going up"?

of course its a drop.  but what we're both talking about here is a significant DROP.  as in CRASH.  which would open up a buying opportunity for you and Adam.  yes, it could happen but so far so good.  you should know.  read my update.

Well a crash to me would be going from $12 to $6. Also it would open up a buying opportunity for you as well cypher  .

Yup read it. I agree with it, but I don't think it's "time" for that just yet. But then again, I could be wrong.

I must thank you for convincing me to buy back when we were at $8.90. 

[adamstgBit]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

So the price going from $12 to $10.80 is not going down and not a "drop".. What is it called? "going up"?

of course its a drop.  but what we're both talking about here is a significant DROP.  as in CRASH.  which would open up a buying opportunity for you and Adam.  yes, it could happen but so far so good.  you should know.  read my update.

sad truth is the price has been manipulated up form only one reason.

the manipulator sees that 11$ is starting to show some serious resistance

the manipulator will try to keep 11$ a float for as long as possible as he sells

once hes done, he will simple remove his support, offer more resistance, and wait.

the second people see the price is going down slowly... they are going to panic and with good reason.

first wave of people sell us a falling knife, its cough at 9.50 by those who sold above 10

but it will continue to slowly drop because the price has in fact been grossly manipulated up

9.50 for a week
8.50 for a week
7.50 for a week

and we hit bottom at 6.72

its going to happen Deal with it!

 

[smoothie]

it's like Magic; it just won't go down. 

A drop from $12 to $10.80 ...is what, going up? lol

the spike to $12 was due to the volatility from the $1B glitch.  you know as well as i that $10.80 is not anywhere near as deep as you want it to drop to.  afterall, you sold at just over $11 where we are now.

hehe, not to mention that   'high to low' spread ≠ drop

So the price going from $12 to $10.80 is not going down and not a "drop".. What is it called? "going up"?

of course its a drop.  but what we're both talking about here is a significant DROP.  as in CRASH.  which would open up a buying opportunity for you and Adam.  yes, it could happen but so far so good.  you should know.  read my update.

sad truth is the price has been manipulated up form only one reason.

the manipulator sees that 11$ is starting to show some serious resistance

the manipulator will try to keep 11$ a float for as long as possible as he sells

once hes done, he will simple remove his support, offer more resistance, and wait.

the second people see the price is going down slowly... they are going to panic and with good reason.

first wave of people sell us a falling knife, its cough at 9.50 by those who sold above 10

but it will continue to slowly drop because the price has in fact been grossly manipulated up

9.50 for a week
8.50 for a week
7.50 for a week

and we hit bottom at 6.72

its going to happen Deal with it!

 

That's some pretty specific predictions there Adam.