Wall Observer - MtGoxUSD wall movement tracker

[chriswilmer]

I'm thinking it takes time after getting verified to notice that and then to send a wire transfer, plus Japanese banks close in 3 hours (3pm). This may explain why Tuesdays are often big.

Gotcha. Yeah I think the spike last week was on a Tuesday.

[oakpacific]

I'm thinking it takes time after getting verified to notice that and then to send a wire transfer, plus Japanese banks close in 3 hours (3pm). This may explain why Tuesdays are often big. I assume they're working overtime to get people verified over the weekend, hence the Tuesday jump.

3pm? It's even more reason why people should adopt bitcoins.

[Digigami]

Since difficulty just re targeted could we get one of those BTC price / network hashrate overlay's put up?

[ineededausername]

Bids continue their recovery, rising to $7.1 million ... on a Sunday.

[laughingbear]

here we go.... its starting early!

[BitPirate]

Given a weak weekend, I think this is boding very positively for the next week or two. We'll still be in the low $70s Monday evening US time, and Tues and Weds will be crackers. Once we're through $75, there are only minor step-ups to $100. Looks like $80-$90 will take all of 5 minutes of panic buying.

[Richy_T]

Need Moar!!! launch pics!!!!1111

[Richy_T]

Let's be fair with them, they would be pretty well off, however, with the depreciation of fiats and appreciation of bitcoin we are approaching convergence pretty quick, and in the end we are on pretty much equal footing.

On the contrary, the divergence is accelerating. Governments are no longer in the situation of kicking the can down the road but are in the process of following it off the cliff at the end. Meanwhile, Bitcoin came through quite a serious crisis with barely a scratch.

[oakpacific]

Let's be fair with them, they would be pretty well off, however, with the depreciation of fiats and appreciation of bitcoin we are approaching convergence pretty quick, and in the end we are on pretty much equal footing.

On the contrary, the divergence is accelerating. Governments are no longer in the situation of kicking the can down the road but are in the process of following it off the cliff at the end. Meanwhile, Bitcoin came through quite a serious crisis with barely a scratch.

Well, I meant the convergence of wealth held by an early-in-early-out adopter and a coming-to-the-party-late buyer.

[Richy_T]

Let's be fair with them, they would be pretty well off, however, with the depreciation of fiats and appreciation of bitcoin we are approaching convergence pretty quick, and in the end we are on pretty much equal footing.

On the contrary, the divergence is accelerating. Governments are no longer in the situation of kicking the can down the road but are in the process of following it off the cliff at the end. Meanwhile, Bitcoin came through quite a serious crisis with barely a scratch.

Well, I meant the convergence of wealth held by an early-in-early-out adopter and a coming-to-the-party-late buyer.

Ah, gotcha

[Krabby]

Can someone explain to me what the current extremely shallow looking depth graph means?

[ineededausername]

Can someone explain to me what the current extremely shallow looking depth graph means?

It's the weekend and dollar reinforcements haven't arrived yet

[Krabby]

Can someone explain to me what the current extremely shallow looking depth graph means?

It's the weekend and dollar reinforcements haven't arrived yet

Does it mean there is a high risk of it dropping rather than raising in value?

[ineededausername]

Next week or so will be exciting. Possibly have a new client.

here it comes

[BitPirate]

Can someone explain to me what the current extremely shallow looking depth graph means?

It's the weekend and dollar reinforcements haven't arrived yet

Does it mean there is a high risk of it dropping rather than raising in value?

Yes -- it's been squeezed all weekend (I assume you noticed?)

[Krabby]

Can someone explain to me what the current extremely shallow looking depth graph means?

It's the weekend and dollar reinforcements haven't arrived yet

Does it mean there is a high risk of it dropping rather than raising in value?

Yes -- it's been squeezed all weekend (I assume you noticed?)

Newbie here with quite a high stake (to me at least).
Only way to learn is through massive losses

[Vink]

http://www.nytimes.com/2013/03/25/business/global/cyprus-and-europe-officials-agree-on-outlines-of-a-bailout.html?pagewanted=all&_r=1&

[molecular]

... and erodes the advantage of early adopters.

Exactly.

Hard to hold a large chunk of coin as early adopter and not cash out a large percentage and basically be retired.

This might sound very awkward from a future perspective.

[laughingbear]

Next week or so will be exciting. Possibly have a new client.

here it comes

the bears must be blue at 72

agreed, someone seems to desperately want things to hold at 72

[The-Real-Link]

They reached a deal but some people are probably at the risk of still losing huge amounts of money and the confidence is shaken.  I personally don't see why the rally won't continue.