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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
lebing
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April 01, 2013, 08:16:22 AM
 #16981

In a Japanese morning when most of the big buyers are supposed to be on vacation or asleep, in a matter of about 2 hours the 30K BTCs wall to $100 was reduced by more than 1/3, yet not even a single large order of more than 500 BTCs was needed in the whole process, are you counting on the bears to hold their positions? I will not.

Snap, you are right its down to 20k now.

Bro, do you even blockchain?
-E Voorhees
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rpietila
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April 01, 2013, 08:40:58 AM
 #16982

In a Japanese morning when most of the big buyers are supposed to be on vacation or asleep, in a matter of about 2 hours the 30K BTCs wall to $100 was reduced by more than 1/3, yet not even a single large order of more than 500 BTCs was needed in the whole process, are you counting on the bears to hold their positions? I will not.

Hey, how about we do not even report anything, which cannot be suffixed, "- - and making a new all-time-high in the process." ?  Cool

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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April 01, 2013, 08:44:32 AM
 #16983

In a Japanese morning when most of the big buyers are supposed to be on vacation or asleep, in a matter of about 2 hours the 30K BTCs wall to $100 was reduced by more than 1/3, yet not even a single large order of more than 500 BTCs was needed in the whole process, are you counting on the bears to hold their positions? I will not.

Hey, how about we do not even report anything, which cannot be suffixed, "- - and making a new all-time-high in the process." ?  Cool

Hey dude, I was just thinking how should I respond when someone asks me to define the term "big buyer", and I will tell them:"Anyone larger than rpietila". Wink

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rpietila
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April 01, 2013, 09:11:43 AM
 #16984

In a Japanese morning when most of the big buyers are supposed to be on vacation or asleep, in a matter of about 2 hours the 30K BTCs wall to $100 was reduced by more than 1/3, yet not even a single large order of more than 500 BTCs was needed in the whole process, are you counting on the bears to hold their positions? I will not.

Hey, how about we do not even report anything, which cannot be suffixed, "- - and making a new all-time-high in the process." ?  Cool

Hey dude, I was just thinking how should I respond when someone asks me to define the term "big buyer", and I will tell them:"Anyone larger than rpietila". Wink

Big holder is then anyone larger than you...

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
phelix
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April 01, 2013, 09:16:38 AM
 #16985



asks dwindling away...
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April 01, 2013, 09:38:53 AM
 #16986



asks dwindling away...
Just beat me to it phelix (thanks for the site btw - I've almost always got it open).

My question relating to it was going to be whether we know if it's because the asks are being bought into (whilst bids are increasing correspondingly) or whether they're just being taken away?
lebing
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April 01, 2013, 09:57:31 AM
 #16987



asks dwindling away...
Just beat me to it phelix (thanks for the site btw - I've almost always got it open).

My question relating to it was going to be whether we know if it's because the asks are being bought into (whilst bids are increasing correspondingly) or whether they're just being taken away?

volume will mostly answer that for you. it looks like they were for the most part removed.

Bro, do you even blockchain?
-E Voorhees
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April 01, 2013, 11:01:34 AM
 #16988

Nice to get a little insight into the organisation producing the figures behind what we're watching all day Smiley

https://b1tm3.wordpress.com/2013/04/01/a-visit-to-mt-gox/
lebing
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April 01, 2013, 11:38:33 AM
 #16989

looks like we will get a new ATH today

Bro, do you even blockchain?
-E Voorhees
lebing
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April 01, 2013, 11:47:48 AM
 #16990

Yep, wall down.


Bro, do you even blockchain?
-E Voorhees
samson
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April 01, 2013, 11:48:43 AM
 #16991

looks like we will get a new ATH today

ATH and rising !
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April 01, 2013, 11:49:14 AM
 #16992

Not sure if sell.


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April 01, 2013, 11:49:48 AM
 #16993

The fortifications has been reduced by half. Proudhon must have been hiding in his basement(or bunker if you prefer) for a whole day while the bombardment went on. Grin

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Zangelbert Bingledack
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April 01, 2013, 11:51:00 AM
 #16994



asks dwindling away...

Based on what was revealed here I'm no longer putting much stock in the MtGox bid-ask spread. It seems way too easy to manipulate for free.

Nevertheless, I suspect we break $100 this week (60% confident) or within two weeks (70% confident), but even if it takes until the end of April as I predicted back in February, that will still be perfectly in line with the exponential growth since January. Anything faster than that is gravy or slight froth.
lebing
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April 01, 2013, 11:56:37 AM
 #16995

14.25k left to 100 (down from 30k a few hours ago)

Bro, do you even blockchain?
-E Voorhees
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April 01, 2013, 12:01:53 PM
 #16996

Nobody is around? So this is a secret rocket then?

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April 01, 2013, 12:03:13 PM
 #16997

Nobody is around? So this is a secret rocket then?

Well perhaps the first batches of fresh fiat are trickling in at MtGox. If that's the case $100 will be broken within the hour.

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April 01, 2013, 12:04:39 PM
 #16998

Nobody is around? So this is a secret rocket then?

Well perhaps the first batches of fresh fiat are trickling in at MtGox. If that's the case $100 will be broken within the hour.

I even doubt if it will last that long.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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April 01, 2013, 12:06:24 PM
 #16999

Nobody is around? So this is a secret rocket then?

Well perhaps the first batches of fresh fiat are trickling in at MtGox. If that's the case $100 will be broken within the hour.

I even doubt if it will last that long.

Yup, could go a lot faster. This is a good moment to turn on http://www.listentobitcoin.com/

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April 01, 2013, 12:07:05 PM
 #17000

Does anyone else enjoy the eerie quiet?



It is Easter, so a little quiet is to be expected.

It's at best a enhanced weekend dip, in Asia we don't celebrate the Easter, so our attack should still continue.

question is: will it spill over to mtGox? I guess arbitrageurs will have a hard time moving fiat to mtGox and buffers are only that big.

I'd be surprised to see anything explosive to the upside before tuesday (no matter what chinese or any other market does).. actually wednesday more likely. But when the rocket fires that next stage... it'll shake the world who will watch in disbelief.


Suppose that some Chinese/Korean tycoons made up the idea to buy, Gox would be the only place with enough liquidity I guess.

My favourite scenario would be some bears who are ignorant about world cultural geography setting up walls, reckoning that there wouldn't be much buying during the Easter holiday, then gets gobbled up in a minute.

Seems that I could be right then. Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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