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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811734 times)
Missionary
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April 01, 2013, 12:10:09 AM
 #16941

They do have a holiday on Monday in Europe but I believe the Japanese banks are open tomorrow (today in Japan) so there will be new money arriving into MtGox very soon assuming it was sent Thursday / Friday.

On that topic: The banking hours in Japan should already have begun.

I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z
You can find more information about my plans here: http://btcmission.com
SlaveInDebt
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April 01, 2013, 12:34:27 AM
 #16942


"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
zkay
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April 01, 2013, 12:51:16 AM
 #16943



Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
wachtwoord
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April 01, 2013, 12:52:39 AM
 #16944



Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.

Would you care?
zkay
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April 01, 2013, 12:55:50 AM
 #16945



Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.

Would you care?

Yes, infact I'd be alarmed, seeing as I'm hoping for it to get to a certain valuation before I can cash out and buy a few big ticket items (for me, at least).
bitarrow
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April 01, 2013, 01:12:16 AM
 #16946



Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
$40 would be an awesome day! buy buy buy
Zomdifros
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April 01, 2013, 01:29:48 AM
 #16947



Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
$40 would be an awesome day! buy buy buy

What if Bitcoin itself is some elaborate april fool staged by an anonymous nerd back in 2009?

Only he happened to be a very talented developer and his creation got a life of it's own?

bitarrow
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April 01, 2013, 01:37:30 AM
 #16948



Heh, wouldn't that be quite the surprise? We all wake up tomorrow and it's down to $40 or something.
$40 would be an awesome day! buy buy buy

What if Bitcoin itself is some elaborate april fool staged by an anonymous nerd back in 2009?

Only he happened to be a very talented developer and his creation got a life of it's own?
Then I would say all developers/programmers that have reviewed the client and protocol code are either idiots or involved with the hoax. Im not worried Smiley
However I wonder if Satoshi has thousands of BTC locked in multiple brain wallets Smiley And cashed it all in On April 1st. This would be more plausible
oakpacific
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April 01, 2013, 01:54:02 AM
 #16949


Is all technical analysis a waste of time then?


Yes


This is very much true, especially considering Bitcoin.

Technical Analysis is based on the assumption that all information regarding a certain asset is available in the market. The price of the asset is the optimal outcome of supply and demand and therefore all the information is reflected in the current and past price and things like volume traded.

In case of Bitcoin there is a huge asymmetry of information. If today everybody in the world who would at any time consider participating in this market knew not only of it's existence, but also profoundly understood the concept and all it's details, Bitcoin would trade for at least $100k right now. That is why it is considered impossible to consistently beat the market, unless you have a very long lucky streak.

Fortunately, information isn't always spread evenly so opportunities to make money do exist, think for example of insider trading, or investing as a venture capitalist in startups. All of us here are extremely lucky to have been presented the opportunity of knowing and understanding Bitcoin before the rest of the world finds out, because Bitcoin is probably going to be the most important startup in the history of capitalism. Investing in Bitcoin truly is the trade of the century.

Guys. This graphic best describes the situation. TA is great for short-term trading, FA is needed for long-term analysis. The future of Bitcoin 2 years out must be based upon projection of fundamentals (if you can even guess them all).



I agree with what user "David M" once said, when the price makes a new high, every technical analysis/trend becomes invalidated, you have to start all over again.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
The-Real-Link
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April 01, 2013, 02:49:39 AM
 #16950

More wall pics?  Sure.

The bull run is starting early this week Wink

Also, listentobitcoin is pretty neat.  Didn't see that huge buy ping on it though.




Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
ehoffman
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April 01, 2013, 02:53:19 AM
 #16951

Yup, I just saw the 2K wall-eater buy transaction Smiley

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
The-Real-Link
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April 01, 2013, 02:58:53 AM
 #16952

Aww looks like the command post was deleted.

Anyway, Buy ALL the Bitcoins!

Or wait, we just need some deals going down and they can you know, base the game on a transaction on a true story.  Metal Gear Solid VI: Wall-Eater.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
ineededausername
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April 01, 2013, 03:16:53 AM
 #16953

some idiotic bear keeps selling right after huge buys... I don't get it at all

(BFL)^2 < 0
oakpacific
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April 01, 2013, 03:18:04 AM
 #16954

some idiotic bear keeps selling right after huge buys... I don't get it at all

Actually maybe conservative bulls closing out their margin positions.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
byronbb
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April 01, 2013, 03:24:00 AM
 #16955

some idiotic bear keeps selling right after huge buys... I don't get it at all

Could be someone buying their own asks to cool the market, induce others to sell to him a bit lower. This sort of thing would be illegal I am sure in equity markets, but there is nothing to stop someone from doing this in the wild west of MtGox.

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April 01, 2013, 03:40:04 AM
 #16956

Mm, gox lag picking up. Prelude to...something? Hamsters switching shifts?
mccorvic
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April 01, 2013, 04:06:40 AM
 #16957

Approach $94 and receive the smack down.

It does seem that $94 hold some sort of significance for bears.  Looking at the building pressure below 90 it looks like 94 will fall sooner than later though.



Mm, gox lag picking up. Prelude to...something? Hamsters switching shifts?

Oh, so MtGox did upgrade from one hamster then? That should improve things at least a little bit.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
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April 01, 2013, 04:28:03 AM
 #16958

Approach $94 and receive the smack down.

It does seem that $94 hold some sort of significance for bears.  Looking at the building pressure below 90 it looks like 94 will fall sooner than later though.



Mm, gox lag picking up. Prelude to...something? Hamsters switching shifts?

Oh, so MtGox did upgrade from one hamster then? That should improve things at least a little bit.

Yes, but they are being forced to work 12 hour shifts with no food and no bathroom breaks due to lack of funding. Please help the poor hamsters and donate today.
laughingbear
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April 01, 2013, 04:38:14 AM
 #16959

other exchanges are over $100 mark.  stop selling your coins at a discount to this manipulator.
solex
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April 01, 2013, 05:25:48 AM
 #16960


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