Wall Observer - MtGoxUSD wall movement tracker

[Yuhfhrh]

And the wall is gone. What will Mr. M do next?

Edit: Sneaky! That last person sold 1.3k btc at 10.80 and is now hoping to buy them back at $10.66

[notme]

the only reason for this to go UP is the MACD daily cross over but we still have 23:18 left for this day

this is why its going up: http://www.zerohedge.com/news/2012-11-04/bitcoin-seen-through-eyes-central-banker#comments

if fundamentals have anything to do with price then namecoin should have way much value compared to bitcoin and that is a awesome way to remember that all is about speculation

Namecoin needs a namespace reboot before it can be useful.

[Yuhfhrh]

Adam, I am feeling your high volume low movement candle coming up lol

[adamstgBit]

Adam, I am feeling your high volume low movement candle coming up lol

yup,  updownupdownupdown, that will do it 

[kentrolla]

And the wall is gone. What will Mr. M do next?

Edit: Sneaky! That last person sold 1.3k btc at 10.80 and is now hoping to buy them back at $10.66

(:

[fcmatt]

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

[Spekulatius]

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

My advise: Buy Bitcoin

[Yuhfhrh]

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

Edit: Actually don't want to share that lol

[lebing]

One damn good reason to trade bitcoin and not stocks:

Taxes

[fcmatt]

One damn good reason to trade bitcoin and not stocks:

Taxes

Try a roth ira or regular ira if you think taxes will be low for you when you retire.

So with a roth... Taxes are irrelevant unless the laws change.

But i am off topic. My point was time versus profit with trading btc. I think i could outdo many here by looking for soda cans to recycle. Seriously.

[adamstgBit]

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

this reminds me of a popup i often get
http://thewebprofits.com/

[fabrizziop]

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

this reminds me of a popup i often get
http://thewebprofits.com/

Hurr Durr, Only by drawing a dumb line I can make 14500$ like him in like two months. Oh boy, if trading was that simple I would be rich. (my technique is buy high, sell low lol)

[ElectricMucus]

Hmm there still seems some sort of "gravitational pull" on the prices.

[byronbb]

Do you folks actually make enough profit to warrant the amount of time you spend involved with bitcoin price watching?
I realize many do it for fun but why not do it with stocks where there are 1000s of more opportunities for good trades? Instead you waste time on this puny thing called bitcoin trading? The time spent here you could watch 100 stocks closely and trade them at 5-10 bucks to get in or out. Then there are divs too if you time things right.

Bitcoin is riskier too...

I reckon if people who actually made money figured out what they made per hour invested in bitcoin watching they would cry :-)

Me? I am a div growth investor who drips. That is why i am not trading. I buy companies to hold for a long time.

this reminds me of a popup i often get
http://thewebprofits.com/

Heh we must have similar google tracking profiles I get those all the time, along with "Meet real asian women".

[Yuhfhrh]

Btc-e is having a rally, (for them at least this is considered a rally.) Will MtGox play catch up again? lol (I guess what's actually happening is btc-e playing catch up to mtgox)

[ElectricMucus]

Btc-e is having a rally, (for them at least this is considered a rally.) Will MtGox play catch up again? lol

I've always seen that prices there are consistently below mtgox. If anything this should be considered a period of increased arbitrage activity.
We can talk about that when an if prices are above mtgox.

[adamstgBit]

  Meanwhile on mtgox: sell your coins, INTO MY BIDS muahahaha

[proudhon]

Meanwhile on mtgox: sell your coins, INTO MY BIDS muahahaha

I suspect people are going to do that, and more.

[Yuhfhrh]

What was up with the guy needing bitcoins really bad yesterday? What could the purpose have been? (Talking about the $10.80 bid)

[adamstgBit]

What was up with the guy needing bitcoins really bad yesterday? What could the purpose have been? (Talking about the $10.80 bid)

it should all become clear in a few days