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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
jl2012
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April 02, 2013, 09:37:41 AM
 #17281

true, and their volumes are also ridiculously low, in all currencies ... 

what ? by volume are the second atm

third in $ volume in your screen-shot it looks to me ...
I am surprised, didn't expect that after seeing their order-book
especially in euros, whom to sell to/buy from?

edit:
just saw their "reserves":
"Reserves:
BitInstant: 443 USD
AurumXchange: 7069 USD"

hm, I would rather not publish that numbers ...

That just mean BitInstant and AurumXchange are running out of USD on BTC-E.

Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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StarenseN
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April 02, 2013, 10:06:50 AM
 #17282

Indeed Btc-e is a cow milk  Grin

Stop beeing haters if you don't have the balls to get your money on it Smiley

cheers!
Jaques
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April 02, 2013, 10:16:36 AM
 #17283

Indeed Btc-e is a cow milk  Grin

Stop beeing haters if you don't have the balls to get your money on it Smiley

cheers!

no hate here at all ...
(as I don't like to waste my energy)

but yes, cheap coins over there ...
NamelessOne
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April 02, 2013, 10:33:29 AM
 #17284

It begins! 106.50!
NamelessOne
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April 02, 2013, 10:37:28 AM
 #17285

107! Am I the only one up? lol  Grin
Newscastix
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April 02, 2013, 10:38:48 AM
 #17286

107! Am I the only one up? lol  Grin

nope... watching....  Grin

107.12
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April 02, 2013, 10:39:41 AM
 #17287


Bitcoin will show the world what hard money really is.
deeplink
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In cryptography we trust


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April 02, 2013, 10:53:28 AM
 #17288

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?
ehoffman
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April 02, 2013, 10:56:52 AM
 #17289

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?

From BTC-e, a link to Mt. Gox ticker API...

https://data.mtgox.com/api/2/LTCUSD/money/ticker

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lebing
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April 02, 2013, 10:59:47 AM
 #17290

suicidal bear strikes again.  Huh

Bro, do you even blockchain?
-E Voorhees
NamelessOne
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April 02, 2013, 11:01:18 AM
 #17291

suicidal bear strikes again.  Huh
Oh yeah, this bear is trying hard.
Kupsi
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April 02, 2013, 11:03:13 AM
 #17292

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?

I don't know. But if it's true, I think Mark Karpeles should leave the Bitcoin foundation board.
Kupsi
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April 02, 2013, 11:09:21 AM
 #17293

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?

I don't know. But if it's true, I think Mark Karpeles should leave the Bitcoin foundation board.

Lol. Supporting usd is fine. Ltc is not. Why you hate crypro?


I want the board members to focus 100% on Bitcoin. It's a Bitcoin foundation, not a cryptocurrency foundation.
ehoffman
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April 02, 2013, 11:18:40 AM
 #17294

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?

I don't know. But if it's true, I think Mark Karpeles should leave the Bitcoin foundation board.

Lol. Supporting usd is fine. Ltc is not. Why you hate crypro?


I want the board members to focus 100% on Bitcoin. It's a Bitcoin foundation, not a cryptocurrency foundation.

I approve Smiley

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Kupsi
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April 02, 2013, 11:23:16 AM
Last edit: April 02, 2013, 11:38:03 AM by Kupsi
 #17295

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?

I don't know. But if it's true, I think Mark Karpeles should leave the Bitcoin foundation board.

Lol. Supporting usd is fine. Ltc is not. Why you hate crypro?


I want the board members to focus 100% on Bitcoin. It's a Bitcoin foundation, not a cryptocurrency foundation.
You are anti gox using anything other than btc, even fiat? You know gox is an exchange and not a person right?


Gox can exchange every cryptocurrency they want. I have no problem with that. But I don't want any of the board members of Bitcoin foundation to support/promote other cryptocurrencies.
samson
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April 02, 2013, 11:24:29 AM
 #17296

Does anyone believe this Mtgox is going to support LTC rumor which caused the LTC spike?

I don't know. But if it's true, I think Mark Karpeles should leave the Bitcoin foundation board.

Lol. Supporting usd is fine. Ltc is not. Why you hate crypro?


Personally I don't see why MtGox don't sell all the Crypto Currencies which have been around for any length of time.

It would bring a lot more customers in for them and create liquidity in the smaller alts.
Zangelbert Bingledack
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April 02, 2013, 11:31:56 AM
 #17297

Litecoin is not a threat to Bitcoin. In fact it makes it more useful because speculators can hedge into litecoins whenever they think the BTC price is bubbly, and do this without dealing with fiat or fiat regulations. It's also a better tumbler than S.DICE because transferring between them "air-gaps" the two blockchains. And of course it's a backup and second "testnet" with many similar characteristics. These three aspects make Bitcoin far more valuable, so Litecoin or at least one non-Bitcoin cryptocurrency will always thrive.

The fear is that this will inflate the money supply, but it won't (at least not more than 2x, which takes us back to only last month in market cap), because there is no such value for a third cryptocurrency, unless it adds really useful functionality.
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April 02, 2013, 11:41:51 AM
 #17298

This week is going to be batshit insane, practically no walls, massive media attention Cool

Although, I'm starting to get worried the lack of asks will cause a one-day gain of > 50% value and trigger a huge sell-off like in 2011 when people peg that as the peak. Was anyone here following the walls as closely as we are now? What did the ask/bid charts look like during that fateful day?


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
Zangelbert Bingledack
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April 02, 2013, 11:44:18 AM
 #17299

That said, the price of Litecoins is outrageous right now. Since there are 84 million LTC to be mined in total, that is like a  BTC price of $8, which is a twelfth of what Bitcoin is at now. There is no freakin' way Litecoin is a twelfth as valuable as Bitcoin, by any measure at all. However, since they are about the same the price could equilibriate to something like one-fifth of the BTC price if nothing goes wrong, though that seems ridiculously optimistic.

In any case, any gain in Litecoin is a gain for Bitcoin as well. If it continues with its present function, it will probably be as big as it needs to be to provide an adequate hedge for BTC price. A third redundant coin won't join, because the hedging, tumbling, and testnet/backup functions it could provide would be minimal at the margin.
samson
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April 02, 2013, 11:45:24 AM
 #17300

This week is going to be batshit insane, practically no walls, massive media attention Cool

Although, I'm starting to get worried the lack of asks will cause a one-day gain of > 50% value and trigger a huge sell-off like in 2011 when people peg that as the peak. Was anyone here following the walls as closely as we are now? What did the ask/bid charts look like during that fateful day?

No asks / very low asks is a very bad warning sign for me.

It suggests a peak of speculative greed. So the price is purely based on speculation and nothing else. This will end well  Roll Eyes
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