Wall Observer - MtGoxUSD wall movement tracker

[thoughtfan]

the fact that there's about 28k btc down to $50 amazes me, solidified so fast, i'd be amazed to see under $50 anytime soon or ever again

I'm holding for long time yet

Have you got this going round and round in your head as well then?!
https://www.youtube.com/watch?v=NG1qooBzE2w

[420]

Worried your government is going to take your savings? There's an app for that.

http://www.bloomberg.com/news/2013-03-20/fleeing-the-euro-for-bitcoins-.html

its almost scary. how do we know the government can't and won't run the bitcoin machine?

[mccorvic]

We need to come up with a term for skittish bulls.   "Oh no, the price is down 1% after going up 20%! SKY IS FALLING SKY IS...wait...it's back up? TO THE MOOOOOOOOOON!"

Also, it pleases me immensely to see all the bears come out of the wood works when this happens as well. Shows just how desperate they really are to pretend to be relevant

[TomRado]

Was almost going back in a minute ago, but it seems to go deeper *need popcorn*

That selling wall goes so quickly to adjust to any new price, it seems like at least two big agents are playing the same game of get out quickly. One sets x.00 other one x-1.99 etc.

[narousberg]

somebody want get cheap your coins)) dont sell!!!

[ineededausername]

It's fun watching it happen every time.  Everyone is well aware of all the previous times (49->3x twice, 26->21, etc) but forgets temporarily because the price is down a little.  Then the panic happens... and the price goes right back up, burning all the bears.  People never learn.

[David M]

I'm bidding a block at 60.72.

[TomRado]

Seeing the 400 BTC wall at 64 disappear and then brtzzz let's make it a market order... I like live entertainment

[ineededausername]

bulls and bears slugging it out again

[Puppet]

[samson]

I was hoping for some stability but it looks like there's plenty of people out there willing to pay $60+ at the moment if people will sell.

[TomRado]

Next selling wall getting ready to drop to a market order?

[samson]

And there we have it, 2500 BTC snapped up from $63 to $64.48

[narousberg]

i dont understand why somebody sell at 63 if at the same time on another side somedody buy for 64,50.  Are you have no eyes???

[Digikeys]

bitstamp is down?

n.m... back up 

[hyphymikey]

Since we could fall quicker than rise at the moment: Is someone with a load of coin putting up bids, then dumping some coin, letting the asks walls follow the downtrend, then immediately buy all the cheap coins back up including their own? You could expect to get cheaper coins even after fees.

Or is this simultaneous action to be expected from now on?

[samson]

i dont understand why somebody sell at 63 if at the same time on another side somedody buy for 64,50.  Are you have no eyes???

I wonder if many people are trading this without any live charts.

[zoinky]

Worried your government is going to take your savings? There's an app for that.

http://www.bloomberg.com/news/2013-03-20/fleeing-the-euro-for-bitcoins-.html

its almost scary. how do we know the government can't and won't run the bitcoin machine?

ASICs aren't real, the government is turning on their GPU farms.  51% attack is imminent.

[TomRado]

i dont understand why somebody sell at 63 if at the same time on another side somedody buy for 64,50.  Are you have no eyes???

I wonder if many people are trading this without any live charts.

And then again there are times without any action at a spread of only .2

"I don't know if I want to buy/sell, let's just sit somewhere close to the front and let somebody else decide"

[420]

RESURRECTION

https://www.youtube.com/watch?v=pID03RrmKow