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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811501 times)
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August 20, 2012, 04:11:40 AM
 #2101

as a miner who sells all the time every time i really hope it stays above 10.
monday will bring people wanting to buy so it should have some support.
weds will finally bring some info about pirate' scheme/payout and a better idea where we will go.

Why do you sell all the time?

because i learned my lesson last year about speculating. it can end poorly ;-)

i mine. i have free electricity. so i have been running 2+ gh/s for more then a year. non stop.

about the only time i hold btc when the price is below 5. at that point i might as well wait
until i have 25-50 btc built up before bothering transfer to mtgox. but that is just due to
laziness when I know 10 btc is only 50 bucks or less.

bitcoinica, trading with amounts > 250 dollars, trying to time the market. blah.

steady income in USD makes me happy. a bird in hand is better then two in flight when it comes to bitcoin.



Congraulations. I would just take that and only play the broad moves. Day trading takes a lot of time energy research and will power [Yup I forgot to add commas, no stopping to edit, just pushing ahead]

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August 20, 2012, 04:14:04 AM
 #2102

10k wall at $9.75?

lol

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August 20, 2012, 04:17:21 AM
 #2103

someone just bought another 9k bitcoins in 30 seconds lol

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August 20, 2012, 04:18:02 AM
 #2104

The fleecing shall commence soon!

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August 20, 2012, 04:22:24 AM
 #2105

The fleecing shall commence soon!


Already happen.........fleecing does happen on the way down as also on the way up.

Selling at $7.50 and buying back at $10 is fleecing lol

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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August 20, 2012, 04:25:18 AM
 #2106

The fleecing shall commence soon!


Already happen.........fleecing does happen on the way down as also on the way up.

Selling at $7.50 and buying back at $10 is fleecing lol

if fleecing also includes the sheep going inside and saying "yes i would like my fur cut off"

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August 20, 2012, 04:25:28 AM
 #2107

The fleecing shall commence soon!


Already happen.........fleecing does happen on the way down as also on the way up.

Selling at $7.50 and buying back at $10 is fleecing lol

no doubt. This sheep is;
trimmed on both sides..

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
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August 20, 2012, 08:23:25 AM
 #2108

Aaaaand we're going back down folks
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August 20, 2012, 08:25:58 AM
 #2109

Aaaaand we're going back down folks

lol....... Kiss

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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August 20, 2012, 11:03:39 AM
 #2110

That was a real weekend-dip  Cheesy

Adam, are you alive?

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August 20, 2012, 11:08:09 AM
 #2111

That was a real weekend-dip  Cheesy

Adam, are you alive?

He's likely fainted from rapidly clicking the sell button as quickly as possible for days on end. ;p

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

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August 20, 2012, 06:44:07 PM
 #2112

I see there was fun weekend in bitcoin land
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August 20, 2012, 09:54:51 PM
 #2113

I see there was fun weekend in bitcoin land

If only the main trading activity wouldnt happen during American Afternoon hours! I seriously need to return to some healthy sleep rhythm.
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August 20, 2012, 11:10:51 PM
 #2114

I see there was fun weekend in bitcoin land

If only the main trading activity wouldnt happen during American Afternoon hours! I seriously need to return to some healthy sleep rhythm.

i was asleep when it was under 9.50. went to bed it was about 9.50 i think. wokeup same i missed the volatility

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August 21, 2012, 12:13:47 AM
 #2115

At last you guys were around to play. Sad Sad  I was away for a long weekend and I come back to see a golden opportunity pass me buy by.

Well at least I still have my coins. Now how fast can I get money in to the exchange........

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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August 21, 2012, 12:53:21 AM
 #2116

At last you guys were around to play. Sad Sad  I was away for a long weekend and I come back to see a golden opportunity pass me buy by.

Well at least I still have my coins. Now how fast can I get money in to the exchange........

just call up bernanke to mine some more USD

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August 21, 2012, 10:56:50 AM
 #2117

yeah that's right because if there isn't sufficient money flow by then inside the BTC economy it wouldn't be worth it. In fact all block reward adjustments are already factored in.

That doesn't mean that the price can't increase... the thing is you wouldn't be buying BTC if there were a unlimited number of them wouldn't you. The block reward reduction is just the means to accomplish this. Of course there is less immediate inflation which could be argued that a price rises after the block reward reduction.... but saying prices rise currently because of said price rise as a speculative motor is just too far fetched.

This theory would only work if everyone already knew about bitcoin, and about the block reward halving. The way it works, though, is likely a lot more organic than that. As new people come in, they first find out about bitcoin, then about the block reward drop. That would push the price up.

I'm not saying this is the reason behind this particular rise. But the notion that all aspects of Bitcoin are already accounted for only works if everyone knows about them, and right now most people have no idea what a bitcoin is (though some may think it's the plot line of a Good Wife episode :-)



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August 21, 2012, 09:00:33 PM
 #2118

Update...

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August 21, 2012, 09:08:13 PM
 #2119

Pirate doesn't have enough Bitcoins. He will try to bring it down but he needs to buyback soon.
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August 21, 2012, 09:19:12 PM
 #2120

Pirate doesn't have enough Bitcoins. He will try to bring it down but he needs to buyback soon.

What in the world makes you think he "needs to buy back"?

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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