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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811501 times)
Krabby
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April 12, 2013, 11:20:35 AM
 #21921

Yay Gox.


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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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ManBearPig
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April 12, 2013, 11:28:02 AM
 #21922

Now THIS is what trading should be like.

I've made a few coins already, I've earned breakfast.

*voice of Proudhon in my head* but they're all worthless...

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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April 12, 2013, 11:30:23 AM
 #21923

sorry but i have to post this funny coincidence checking news right now.
second biggest newssite in germany:
http://www.spiegel.de/netzwelt/web/virtuelle-waehrung-bitcoin-winklevoss-brueder-investieren-massiv-a-893971.html
perhaps the whole thing is really just the run for the next ralley.
just some vague statements saying bitcoin is experiencing some up-and downturns.
i will follow the news this day if the headlines keep on being that vague and more hypepushing

Yesterday's news! We're already trading on it Wink

jup but just appeared two hours ago, europe is lagging on the hype

Yeah I'm quite relieved by the tone of the press. This whole incident was just a tempest in a teapot, but could have been much worse if the press was all over this. Just remember how often they still refer to the 2011 hack at MtGox, as if that somehow affected the whole Bitcoin universe.

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April 12, 2013, 11:47:21 AM
 #21924

Good morning!


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April 12, 2013, 11:48:03 AM
 #21925

That wall at 76.11 looks vulnerable

edit: Actually it's gone!

1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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April 12, 2013, 11:48:26 AM
 #21926

Good morning!



Good morning to you too?
Krabby
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April 12, 2013, 11:49:44 AM
 #21927

74, we are past the wall?


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April 12, 2013, 11:51:24 AM
 #21928

Wall has been moved to 70 at half it's value.
There have been a LOT of sells at 400-2000.


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April 12, 2013, 11:54:44 AM
 #21929

Wall has been moved to 70 at half it's value.
There have been a LOT of sells at 400-2000.

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April 12, 2013, 11:56:35 AM
 #21930

When the price is going up there is always talk of the "psychological barriers" that appear at round numbers.

Interestingly when the price is going down there is no talk of these barriers.

Why is this?

A few possible reasons:

  • The cherry has been popped and now it's lubed up and ready to go again
  • There is no psychological barrier, and it's just a piece of bullshit that the bulls come up with
  • The price drops so much faster than it goes up so the barrier is irrelevant
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April 12, 2013, 11:57:36 AM
 #21931

click
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April 12, 2013, 11:57:42 AM
 #21932

Americans are waking up and want their fiat.


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April 12, 2013, 11:58:05 AM
 #21933

Wall broken, $68.


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ManBearPig
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April 12, 2013, 12:01:34 PM
 #21934

When the price is going up there is always talk of the "psychological barriers" that appear at round numbers.

Interestingly when the price is going down there is no talk of these barriers.

Why is this?

A few possible reasons:

  • The cherry has been popped and now it's lubed up and ready to go again
  • There is no psychological barrier, and it's just a piece of bullshit that the bulls come up with
  • The price drops so much faster than it goes up so the barrier is irrelevant

Because previous or lower support or resistance is never rounded off: many people's mental prices average out to an odd number.

And because people's cashing-out number always IS a round number.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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April 12, 2013, 12:03:06 PM
 #21935

$66.21

I have a big buy order at $60! Comon bears!...Then bulls.
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April 12, 2013, 12:04:10 PM
 #21936

SOB!! Sad SAVE OUR BITCOINS)
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April 12, 2013, 12:04:48 PM
 #21937

They're moving the bid wall down as well, now at 70.


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April 12, 2013, 12:07:55 PM
 #21938

I can't believe we're crashing so hard and so fast, I was expecting weeks or months to hit this level.


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elux
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April 12, 2013, 12:08:15 PM
 #21939



Who wants to catch a falling knife?  Shocked

Edit: I do! I think... Maybe.  Huh
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April 12, 2013, 12:12:03 PM
 #21940

I can't believe we're crashing so hard and so fast, I was expecting weeks or months to hit this level.



Its even lower than that now.
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