Wall Observer - MtGoxUSD wall movement tracker

[mitchfultz]

I just turned down an evening of sex with my new girlfriend just so I can watch my wealth grow, I do not know if thats sad or what

sad ...

http://www.youtube.com/watch?v=42BpoZudiKM

[1714066709]

1714066709

[1714066709]

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[Zomdifros]

Can we have a small crash now?? Pleaaaaaaaaase!

A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

[justusranvier]

Guys, this can't go on forever, right?  





...right?  

It can't go on forever, and the time to double certainly can't keep getting shorter at the rate it has been.

Beyond that it's impossible to predict what will happen. The increase could slow down to merely being exponential, consistent with a stable adoption curve. There could be another 2011 style crash followed by a year to recover. We could see more people pour into Bitcoin until we pass through the Singularity and wake up 3 months from now to a world where nobody uses dollars or euros any more.

Or it could crash to worthlessness.

[kylelgk]

Guys, this can't go on forever, right?  





...right?  

Let's hope so... 1000 in 2013?

[Zomdifros]

Guys, this can't go on forever, right?  





...right?  

Let's hope so... 1000 in 2013?

Before July, probably earlier. $10k before 2014.

[Gatekeeper]

love the waiting to crash pic above 

[dani]

Guys, this can't go on forever, right?  





...right?  

It can't go on forever, and the time to double certainly can't keep getting shorter at the rate it has been.

Beyond that it's impossible to predict what will happen. The increase could slow down to merely being exponential, consistent with a stable adoption curve. There could be another 2011 style crash followed by a year to recover. We could see more people pour into Bitcoin until we pass through the Singularity and wake up 3 months from now to a world where nobody uses dollars or euros any more.

Or it could crash to worthlessness.

+1
I guess I will be back here when the price crashed. Until then there is nothing that will make me buy/sell anymore. This ride hase been RIDICULOUS!  

[Zangelbert Bingledack]

Guys, this can't go on forever, right?  





...right?  

It can't go on forever, and the time to double certainly can't keep getting shorter at the rate it has been.

Beyond that it's impossible to predict what will happen. The increase could slow down to merely being exponential, consistent with a stable adoption curve. There could be another 2011 style crash followed by a year to recover. We could see more people pour into Bitcoin until we pass through the Singularity and wake up 3 months from now to a world where nobody uses dollars or euros any more.

Or it could crash to worthlessness.

Nice assessment. Though it's going to take at least as long as hardware wallets take to be mass produced to get everyone using BTC. Or banks and governments would have to adopt it. Neither can happen in three months...but a year, if everything goes totally bananas, is possible/conceivable.

[Richy_T]

Beyond that it's impossible to predict what will happen. The increase could slow down to merely being exponential, consistent with a stable adoption curve. There could be another 2011 style crash followed by a year to recover. We could see more people pour into Bitcoin until we pass through the Singularity and wake up 3 months from now to a world where nobody uses dollars or euros any more.

Or it could crash to worthlessness.

As long as governments keep doing stupid things, we're probably good for a while.

If you've been as bearish on governments as some of us have for a while now, it's not hard to see that BTC might keep getting some unintentional support.

[Chalkbot]

Beyond that it's impossible to predict what will happen. The increase could slow down to merely being exponential, consistent with a stable adoption curve. There could be another 2011 style crash followed by a year to recover. We could see more people pour into Bitcoin until we pass through the Singularity and wake up 3 months from now to a world where nobody uses dollars or euros any more.

Or it could crash to worthlessness.

As long as governments keep doing stupid things, we're probably good for a while.

If you've been as bearish on governments as some of us have for a while now, it's not hard to see that BTC might keep getting some unintentional support.

Haha, yeah, this is what I tell people. It's like fuckup insurance in a time where there is 100% chance of fuckup.

[DougTanner]

Trending downwards. Right after this is usually when the dumps happen.

(although last time that dude dropped the 5,000 BTC buy order )

[Beta-coiner1]

Can we have a small crash now?? Pleaaaaaaaaase!

A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually.

[Arzack]

Bear time?

[mccorvic]

Bear time?

Does look like it's bear o'clock.

[mrbitbank]

THE PRICE OF A BTC HAS ALMOST DOUBLED IN THE PAST 12HRS I watch the prices in euro and this morning London time it was 109 euros and 12 hrs later its 182 on mtgox or the Canadian  equiv of 193 euros on cavirtex which makes me worth US$21,000 more this evening that what I was worth this morning

[foo]

Bear time?

Does look like it's bear o'clock.

http://www.mnn.com/earth-matters/animals/stories/how-to-survive-a-bear-attack

[Zomdifros]

Can we have a small crash now?? Pleaaaaaaaaase!

A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually.

That news was perhaps based on this article: http://qz.com/72118/yes-people-are-hoarding-bitcoins/
Which in turn was based on this statistic: http://blockchain.info/charts/bitcoin-days-destroyed

Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.

[mrbitbank]

 yea

[mrbitbank]

I just turned down an evening of sex with my new girlfriend just so I can watch my wealth grow, I do not know if thats sad or what

sad ...

Yeah. Doggy position is ideal as a laptop stand.

Great Idea!!! Now I am gonna pump and Dump

[ablewasiereisawelba]

The price on the Mt. Gox homepage does not seem to be updating. It is stuck at $236.