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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
molecular
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February 27, 2013, 06:44:06 AM
 #11361

If we could get the DOW to rally 150% in just two months, human beings would perhaps have already landed on some planets near Alpha Centauri. Wink
or US stock market is the world wide best performing market like Zimbabwe stock market was in 2008

Haha. You fucking nailed it.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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February 27, 2013, 06:49:00 AM
 #11362

If we could get the DOW to rally 150% in just two months, human beings would perhaps have already landed on some planets near Alpha Centauri. Wink
or US stock market is the world wide best performing market like Zimbabwe stock market was in 2008

Haha. You fucking nailed it.

The interesting thing is, bitcoin market seems to be much more liquid than the stock markets of quite a few sovereign nations. Cheesy

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February 27, 2013, 07:05:59 AM
 #11363

price will fall, 20% to 40%

start hitting buy button at 24.8 and hope to double up at 18.6, if price keeps falling after that, wait for 10 and be prepared to go all in, sell your house, car, wife, kids, sell EVERYTHING!!  Grin


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February 27, 2013, 08:51:25 AM
 #11364

Why doesn't the wall go away??
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February 27, 2013, 08:53:08 AM
 #11365

Why doesn't the wall go away??

u didn't mortgage the house for bitcoin yet

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February 27, 2013, 08:54:04 AM
 #11366

Why doesn't the wall go away??

Because there aren't enough people buying, volumes are quite low compared to last couple of months.

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February 27, 2013, 09:29:00 AM
 #11367

Why doesn't the wall go away??

Because there aren't enough people buying, volumes are quite low compared to last couple of months.

These are weekly bars. #1 is volume in ɃɃ and #2 is volume in $$. As always the last bar is worth shit as it represents anything but one week (I had asked bitcoincharts.com to do something about that but I couldn't convince them Sad ). Anyway I see the market is getting hotter in terms of $$.




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February 27, 2013, 09:29:58 AM
 #11368

This week is going to be really exciting. Wink

Damn I want to know what that is supposed to mean  Wink
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February 27, 2013, 10:05:18 AM
 #11369

Anyway I see the market is getting hotter in terms of $$.

Could you explain that more clearly ? Will not always an order have a USD amount matching the BTC amount given the current price ? If it's hotter in terms of dollars, do you mean we're in for a decline in the price ?
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February 27, 2013, 10:47:36 AM
 #11370

Time seems to have moved backwards at Mt. Gox.  This screen shot was taken about 5 minutes before this post.




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February 27, 2013, 10:53:29 AM
 #11371

Could you explain that more clearly ? Will not always an order have a USD amount matching the BTC amount given the current price ? If it's hotter in terms of dollars, do you mean we're in for a decline in the price ?
no, it's much simpler. if one btc is worth more and more $, the sheer number of $ traded increases, while the number of btc doesn't increase as much. also, it's better to look at the volume in $, because that's a better indicator for the interest in bitcoins.
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February 27, 2013, 11:15:40 AM
 #11372

Could you explain that more clearly ? Will not always an order have a USD amount matching the BTC amount given the current price ? If it's hotter in terms of dollars, do you mean we're in for a decline in the price ?
no, it's much simpler. if one btc is worth more and more $, the sheer number of $ traded increases, while the number of btc doesn't increase as much. also, it's better to look at the volume in $, because that's a better indicator for the interest in bitcoins.

That made perfectly sense. Thanks.
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February 27, 2013, 11:26:51 AM
 #11373

This week is going to be really exciting. Wink

only a day and a half to make adam lose his bet...better get moving!

then again i'd be just as happy if we stayed 30 +- 1 for awhile

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February 27, 2013, 12:38:19 PM
 #11374

This week is going to be really exciting. Wink

only a day and a half to make adam lose his bet...better get moving!

then again i'd be just as happy if we stayed 30 +- 1 for awhile

Agreed. I'd be delighted if we consolidated here for a few weeks or months.

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February 27, 2013, 01:10:45 PM
 #11375

Could you explain that more clearly ? Will not always an order have a USD amount matching the BTC amount given the current price ? If it's hotter in terms of dollars, do you mean we're in for a decline in the price ?
no, it's much simpler. if one btc is worth more and more $, the sheer number of $ traded increases, while the number of btc doesn't increase as much. also, it's better to look at the volume in $, because that's a better indicator for the interest in bitcoins.

+1
I look at the bitcoin volume on 30min and daily charts, but on the long-term chart, i.e. weekly and from 2010 on, I look at the USD volume.

Actually I should ditch all but the weekly chart anyway. But I'm too weak and too addicted to do that.. ;-)

Ente
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February 27, 2013, 02:33:59 PM
 #11376

http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal/

This might be it.

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February 27, 2013, 03:05:25 PM
 #11377

that's quite a story, thanks for the post, the foundations of bitcoin seem to get more and more solid by the day

(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
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February 27, 2013, 03:25:58 PM
 #11378


Yup.

And I just figured out the point of the ask wall we've been periodically seeing: dude puts it up just so that he can take it down.

Watch what happens when half of it gets removed. You'll see what I mean.

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February 27, 2013, 05:57:56 PM
 #11379

movin' on up!

(Everyone afraid to post after donald duck?)

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February 27, 2013, 06:05:23 PM
 #11380



Cropped the image a little much, $1210 needed to $37  Cheesy

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