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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
Yuhfhrh
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October 26, 2012, 01:07:06 AM
 #4161

The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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DoomDumas
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October 26, 2012, 01:48:10 AM
 #4162

Why not everyone understand/beleive that a big part of the sell are miner selling to cover their power cost and investment ?
20 Th/s is quite a lot of electricity cost, those cost have to be paid back, so a good proportion of miner must sell to pay electricity bills.

Block halving = halving this downward presure imo, so this halving should remove a pretty good presure down, then BTC should get even more bullish !

I can't wait to see exchange rate in a month, and a year Smiley  that's why I'm working on my time-travel machine Wink

was my 2 satoshi !
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October 26, 2012, 03:42:34 AM
 #4163

I have a feeling this weekend is going to be a nightmare.
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October 26, 2012, 03:47:35 AM
 #4164

I have a feeling this weekend is going to be a nightmare.

Do we really have to go through this every month end?  People sell to pay bills. It's like fucking bitcoin PMS. If you are smart you buy now and sell around the 12th.
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October 26, 2012, 04:06:32 AM
 #4165

kokojie
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October 26, 2012, 04:09:36 AM
 #4166

Someone put up a ask wall of 18k btc at 11.35

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
Yuhfhrh
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October 26, 2012, 04:11:23 AM
 #4167

Someone put up a ask wall of 18k btc at 11.35

17k wall at 11,35

Three hours ago  Tongue
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October 26, 2012, 04:43:22 AM
 #4168

Roll Eyes

its like people just don't understand that; fundamentally the value of bitcoin itself is going up everyday, and now the price is going down....

what does that tell you?

BUY BUY BUY! Grin


i'm so high right now

Heh.

I still have not found a real use for bitcoin besides gambling which is the lamest use i can think of and promptly stopped gambling once the novelty wore off and i lost several btc.

Tipping someone online is about the second best idea i have used it for since i do not have to worry about actually getting something in return.

Sending btc to some person online for goods is prob third but i sure never feel good about it and the sending party always thinks there might be a scam in every deal i have done which are few. That is a major problem unless dealing with established business who would lose more from ripping ppl off instead of just being honest and making dough. Please do not mention escrow as that will be the next bitcoin scam website fiasco. Mark my words. That or bitcoin gambling escrow site for bets.

So why does it matter if btc is 4 bucks or 20? Until bitcoin gets 10 times as many users as there is today the price is irrelevant...
Plenty of btc to go around right now even with massive massive hording and btc that never moves.

Thus right now price is just as likely to go down then up. And down seems more likely right now.

+1118 post and you "still have not found a real use for bitcoin"

miners.... their clueless, and they sold!

BUY BUY BUY  Grin

Feel free to explain how you use them. Except of course for rampant speculation. :-)
So far this forum feels like half the users have been scammed. Not exactly a glowing report on usage.

I selling every day has been a great move in my opinion. It is the one sure thing in bitcoin land. Always a winner!
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October 26, 2012, 04:46:32 AM
 #4169

I have a feeling this weekend is going to be a nightmare.

Do we really have to go through this every month end?  People sell to pay bills. It's like fucking bitcoin PMS. If you are smart you buy now and sell around the 12th.

Pms since 15 eh? Once we get below 10 is when people start getting out... Give it a few more weeks.
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October 26, 2012, 04:50:36 AM
 #4170

Roll Eyes

its like people just don't understand that; fundamentally the value of bitcoin itself is going up everyday, and now the price is going down....

what does that tell you?

BUY BUY BUY! Grin


i'm so high right now

Heh.

I still have not found a real use for bitcoin besides gambling which is the lamest use i can think of and promptly stopped gambling once the novelty wore off and i lost several btc.

Tipping someone online is about the second best idea i have used it for since i do not have to worry about actually getting something in return.

Sending btc to some person online for goods is prob third but i sure never feel good about it and the sending party always thinks there might be a scam in every deal i have done which are few. That is a major problem unless dealing with established business who would lose more from ripping ppl off instead of just being honest and making dough. Please do not mention escrow as that will be the next bitcoin scam website fiasco. Mark my words. That or bitcoin gambling escrow site for bets.

So why does it matter if btc is 4 bucks or 20? Until bitcoin gets 10 times as many users as there is today the price is irrelevant...
Plenty of btc to go around right now even with massive massive hording and btc that never moves.

Thus right now price is just as likely to go down then up. And down seems more likely right now.

+1118 post and you "still have not found a real use for bitcoin"

miners.... their clueless, and they sold!

BUY BUY BUY  Grin

Feel free to explain how you use them. Except of course for rampant speculation. :-)
So far this forum feels like half the users have been scammed. Not exactly a glowing report on usage.

I selling every day has been a great move in my opinion. It is the one sure thing in bitcoin land. Always a winner!
i pay for goods and services with it

Yuhfhrh
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October 26, 2012, 04:58:40 AM
 #4171

Roll Eyes

its like people just don't understand that; fundamentally the value of bitcoin itself is going up everyday, and now the price is going down....

what does that tell you?

BUY BUY BUY! Grin


i'm so high right now

Heh.

I still have not found a real use for bitcoin besides gambling which is the lamest use i can think of and promptly stopped gambling once the novelty wore off and i lost several btc.

Tipping someone online is about the second best idea i have used it for since i do not have to worry about actually getting something in return.

Sending btc to some person online for goods is prob third but i sure never feel good about it and the sending party always thinks there might be a scam in every deal i have done which are few. That is a major problem unless dealing with established business who would lose more from ripping ppl off instead of just being honest and making dough. Please do not mention escrow as that will be the next bitcoin scam website fiasco. Mark my words. That or bitcoin gambling escrow site for bets.

So why does it matter if btc is 4 bucks or 20? Until bitcoin gets 10 times as many users as there is today the price is irrelevant...
Plenty of btc to go around right now even with massive massive hording and btc that never moves.

Thus right now price is just as likely to go down then up. And down seems more likely right now.

+1118 post and you "still have not found a real use for bitcoin"

miners.... their clueless, and they sold!

BUY BUY BUY  Grin

Feel free to explain how you use them. Except of course for rampant speculation. :-)
So far this forum feels like half the users have been scammed. Not exactly a glowing report on usage.

I selling every day has been a great move in my opinion. It is the one sure thing in bitcoin land. Always a winner!
i pay for goods and services with it

Because you're lucky and things are probably cheaper when you pay in bitcoin... Canadians...  Roll Eyes
arklan
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October 26, 2012, 07:37:40 AM
 #4172

i buy stuff off amazon or steam, and just recently added minutes to my cellphone with btc.

i don't post much, but this space for rent.
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October 26, 2012, 08:06:14 AM
 #4173

i buy stuff off amazon or steam, and just recently added minutes to my cellphone with btc.

I haven't been able to buy anything with BTC so far that I need/use. Hope the next year will change that.

more or less retired.
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October 26, 2012, 10:21:43 AM
 #4174

i buy stuff off amazon or steam, and just recently added minutes to my cellphone with btc.

I haven't been able to buy anything with BTC so far that I need/use. Hope the next year will change that.

I'll sell you toilet paper in bitcoin

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October 26, 2012, 10:45:12 AM
 #4175

I have to admit I'd use bitcoins way more if I just could. But I also have to admit that I've been using them more as time goes on. It's actually possible to use them more and more. Hopefully next year there will be major advances on this, and I think there will be.

Denarium closing sale discounts now up to 43%! Check out our products from here!
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October 26, 2012, 11:00:40 AM
 #4176

I dont use bitcoin and the main reason why I dont use it is because i cant earn it i only can mine it or buy it 

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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9.9.2012: I predict that single digits... <- FAIL


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October 26, 2012, 11:24:01 AM
 #4177

I believe Bitcoin will be used primary for speculation and store of value the coming years, but that the percentage used to pay for goods and services will be increasing every week.
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October 26, 2012, 12:10:58 PM
 #4178

I'll spend some of my money on steam games once I get a faster laptop. Too bad I can't buy laptops with BTC yet Sad

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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October 26, 2012, 12:45:10 PM
 #4179

Looks like we're in freefall....

1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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October 26, 2012, 12:47:11 PM
 #4180

Looks like we're in freefall....

sold at 10.64, bought at 10.41 WOO! made $3

big wall at 10.30. easy gains up to 11

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