Wall Observer - MtGoxUSD wall movement tracker

[hyphymikey]

  I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.

[1713522376]

1713522376

[mccorvic]

BTC China @ $128.25

Lead the way comrades!

[WikileaksDude]

BTC China @ $128.25

Lead the way comrades!

BTC China is from the Future.

[BitcoinTate]

I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.

Im guessing there will be a dip either at $120 or somewhere in the $120s... setting my buy orders at $101.

[Beta-coiner1]

I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.

The fundamentals still have not changed for the rally though.I don't think anyone can predict if there are going to be any dips at this moment.

[DougTanner]

Just a random wall pic. Was afk @ $118

[hyphymikey]

I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.

The fundamentals still have not changed for the rally though.I don't think anyone can predict if there are going to be any dips at this moment.

I was mostly surprised about the huge rise of LTC today. I had about 25% of my "bitcoin money" in LTC but sold 3 days ago, waiting for bitcoin to break 100USD. I figured the increase in bitcoin would be higher. I was wrong, but I doubt LTC will be keeping up, looks like its going down already. Unless Gox really is bringing in LTC.

[BitcoinTate]

How high can we go, at this speed? Holy cow..  

The last couple weeks the Mt. Gox price has followed BTC China with a 12- 24 hr delay. BTC China currently @ $131.

[oakpacific]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

[Crazy]

oakpacific, can you explain that?

[Spaceman_Spiff]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

And we all know how badly bitcoin suffered in February...   

fair warning though.

[mccorvic]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Wonder how much of that could have been the Instawallet cold storage move.  Kinda lines up I believe.

[Cablez]

oakpacific, can you explain that?

He is saying a rather large chunk of 'older' or 'not moved in a long while' coins just made a move somewhere. Maybe it heads for the exchange or not, no one can say.

[Crazy]

He is saying a rather large chunk of 'older' or 'not moved in a long while' coins just made a move somewhere. Maybe it heads for the exchange or not, no one can say.

Thanks. Wasn't sure if it meant previously thought as destroyed coins or coins that weren't considered destroyed but have been inactive for some time. Not sure there's a difference but thanks for the clarification.

[Piper67]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

[mccorvic]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

This is my thought exactly

This is one of my favorite things about bitcoin.  It allows you to go sleuthing with pure data. I LOVE IT

[samson]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

Maybe it's the money used to pump up LTC

[chrsjrcj]

I think the deal with Bitcoin days destroyed is how long it has been since those coins have been moved from one address to another, correct? So the Instawallet coins would only be a couple days old and not have much of an impact on that graph?

[mccorvic]

I think the deal with Bitcoin days destroyed is how long it has been since those coins have been moved from one address to another, correct? So the Instawallet coins would only be a couple days old and not have much of an impact on that graph?

It was their cold storage though, implying that most those coins weren't supposed to be moved around all that often.

[zkay]

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

This is my thought exactly

This is one of my favorite things about bitcoin.  It allows you to go sleuthing with pure data. I LOVE IT

Weren't they hacked and those coins are now in control of some blackhat hacker? If so, that doesn't bode well. What if he dumps?