Wall Observer - MtGoxUSD wall movement tracker

[cypherdoc]

Up, up, up!

[fcmatt]

well pfft. sold my recent mined btc. figure people are going to buy avalon gear and the middleman will dump them
on the market soon after. be crazy not to.

[Luno]

well pfft. sold my recent mined btc. figure people are going to buy avalon gear and the middleman will dump them
on the market soon after. be crazy not to.

That's a scenario I've considered also, but who knows?

The wall at $20 reminds me of the $14 wall that wasn't fake and made a correction happen down to $9.86.

[cypherdoc]

[kentrolla]

well pfft. sold my recent mined btc. figure people are going to buy avalon gear and the middleman will dump them
on the market soon after. be crazy not to.

That's a scenario I've considered also, but who knows?

The wall at $20 reminds me of the $14 wall that wasn't fake and made a correction happen down to $9.86.

i was thinking the same thing. I don't see us breaking $20 this time. Maybe after we have one more correction and then come back up.

There will be at least one more mini-correction before we can break $20.

This is coming from someone who has always been bullish.

[Beta-coiner1]

well pfft. sold my recent mined btc. figure people are going to buy avalon gear and the middleman will dump them
on the market soon after. be crazy not to.

Indeed,but I think this rally will be stopped by those Miners when the beta silicon has become more mature.

[cypherdoc]

[Spaceman_Spiff]

this is it boys...someone's gonna fire the laser

To me, that looks more like a bearish "C/Sell Puke"...

[adamstgBit]

i would like to see this one with like bitcoins in his eyes when he freaks out   

[adamstgBit]

I feel an explotion to the up side is imminent.
           
            /
           /
          /
  /\/\/\/ <- we are here
 /
/

[cypherdoc]

I feel an explotion to the up side is imminent.
           
            /
           /
          /
  /\/\/\/ <- we are here
 /
/

so you bought back in?

[creativex]

I feel an explotion to the up side is imminent.
           
            /
           /
          /
  /\/\/\/ <- we are here
 /
/

so you bought back in?

No, but he did have chili yesterday.

[Spaceman_Spiff]

I feel an explotion to the up side is imminent.
           
            /
           /
          /
  /\/\/\/ <- we are here
 /
/

so you bought back in?

Seems like a smart move, I would too if only my funds arrived....   

No, but he did have chili yesterday.

lol

[adamstgBit]

I feel an explotion to the up side is imminent.
            
            /
           /
          /
  /\/\/\/ <- we are here
 /
/

so you bought back in?

Seems like a smart move, I would too if only my funds arrived....  

No, but he did have chili yesterday.

lol

No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

if that means dipping into paper wallets, and totally selling out at a good profit, then so be it, i could use the money.

[creativex]

TY, now his post makes some kind of sense.

You're selling something you own...correct adam? You're not borrowing BTC to sell them.

IOW you're selling and not shorting.

[adamstgBit]

No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

You are just selling. Why try to make it sound like something else? Selling != Short Selling. The extra word provides extra meaning!

http://www.investopedia.com/terms/s/shortselling.asp#axzz2JUgmjkCF

I refuse your definition

http://en.wikipedia.org/wiki/Short_%28finance%29

the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.

[creativex]

lol

adam? Please define the term "selling".

[adamstgBit]

lol

adam? Please define the term "selling".

to sell.

[notme]

No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

You are just selling. Why try to make it sound like something else? Selling != Short Selling. The extra word provides extra meaning!

http://www.investopedia.com/terms/s/shortselling.asp#axzz2JUgmjkCF

I refuse your definition

http://en.wikipedia.org/wiki/Short_%28finance%29

the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.

By your own definition I'm not sure you are shorting:

I refuse to cover a short at a loss

[thezerg]

No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

You are just selling. Why try to make it sound like something else? Selling != Short Selling. The extra word provides extra meaning!

http://www.investopedia.com/terms/s/shortselling.asp#axzz2JUgmjkCF

I refuse your definition

http://en.wikipedia.org/wiki/Short_%28finance%29

the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.

huh?  That's not what it says!!