Wall Observer - MtGoxUSD wall movement tracker

[lebing]

17.80..

We went TOO fast, we are now sinking. See you at single digits!

Proudhon, get on your main account, you aren't fooling anyone.

Probably just a guy that sold his wad actually

[1713557942]

1713557942

[humanitee]

Start of the real bubble is right here. When this holds, see you on the moon!

[Spaceman_Spiff]

Probably just some nervous hands that dropped their load.  
I think we'll go up again.

[mb300sd]

Dump was premature... surely the symptom of another problem 

[robocoin]

Start of the real bubble is right here. When this holds, see you on the moon!

Yes, that would be awesome.

[adamstgBit]

Probably just some nervous hands that dropped their load.  
I think we'll go up again.

yup,

people are shorting here, i expect 19 to become support when the real bubble pop happens.

[lebing]

17.80..



We went TOO fast, we are now sinking. See you at single digits!

Price is rising again. Maybe you can find someone to play with you over at Litecoin

[Beta-coiner1]

Captain Obvious says,"What I find interesting is that the average peak is higher after every rally but the sustainable rate is much lower indicating the rally is slowing down and the market might not be able to reach the $32 peak".

Price is also still rising again I think someone was a bit pre-mature.I also feel sorry for anyone who has slow broadband or who doesn't have a wide screen,lol.

[LanYu]

Word on the street is that the Bitcoin Foundation raised 4 million in USD from members, and also received a large (>50,000) BTC gift from an anonymous donor.

In the name of price protection.

[Spaceman_Spiff]

meh, could go either way.  Guess we'll have to wait and see for a little while.

[bzzard]

Some whale decided to go deep down?

[robocoin]

Not sure how many ueber bulls get a serious punsh in the face.

[thoughtfan]

Probably just some nervous hands that dropped their load.  
I think we'll go up again.

I'm getting to like these little shake-outs.  Someone pointed out on one of these threads recently that it provides an opportunity to 'spread the joy' because those who have done well and who fear losing their gain are the most likely to jump ship if there are signs it's a bubble that's in the process of popping which gives new folk an opportunity to come on board at this price point ready for the next uplift.  And giving the nervous a chance to drop out means we don't end up at a high price with a lot of nervous people feeling like they're on a precipice so the 'bubble' is less likely to burst - in other words, the price that would have been a bubble is more likely to be supported and sustainable.

Having said all that I'd be quite happy if we hung out at this price range for a few weeks or months - yet somehow I don't see it.  The path from first coming across Bitcoin to wanting to buy substantial sums is for most quite a long process involving discussions with others along the way so there may be a whole network of people likely to eventually become big buyers, even before the person who introduced the network is just getting into his second (first reasonably sized) purchase.  If word-of-mouth results in exponential growth then surely the graph should inevitably eventually reflect that.

[Spaceman_Spiff]

dump

[ThiagoCMC]

Probably just some nervous hands that dropped their load.  
I think we'll go up again.

Down again...

[humanitee]

Still haven't hit the daily low. Doesn't mean the market is particularly rational though.

edit: 120k volume according to Gox 

[Sitarow]

[robocoin]

Probably just some nervous hands that dropped their load.  
I think we'll go up again.

I'm getting to like these little shake-outs.  Someone pointed out on one of these threads recently that it provides an opportunity to 'spread the joy' because those who have done well and who fear losing their gain are the most likely to jump ship if there are signs it's a bubble that's in the process of popping which gives new folk an opportunity to come on board at this price point ready for the next uplift.  And giving the nervous a chance to drop out means we don't end up at a high price with a lot of nervous people feeling like they're on a precipice so the 'bubble' is less likely to burst - in other words, the price that would have been a bubble is more likely to be supported and sustainable.

Having said all that I'd be quite happy if we hung out at this price range for a few weeks or months - yet somehow I don't see it.  The path from first coming across Bitcoin to wanting to buy substantial sums is for most quite a long process involving discussions with others along the way so there may be a whole network of people likely to eventually become big buyers, even before the person who introduced the network is just getting into his second (first reasonably sized) purchase.  If word-of-mouth results in exponential growth then surely the graph should inevitably eventually reflect that.

Yes on the long run thats probably true. If you bought at 19$ and we continue going down for a few weeks from now, you'd simply need to wait a year  But "I  want to try and play all the little wiggles in between."

I don't want the price to raise further (at this rate), because its stupid and fucking insane. No problem if we break the 19.20$ in 2 or 4 months. That would look much more sustainable.

Peace out.

[mccorvic]

I don't think anyone would have a probably if we find stability between $17.50 and $18. That rise past $19 today was just insaaaane.

[BitcoinBA]

Why does everybody panic like stupid chicken???