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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811506 times)
Gatekeeper
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April 13, 2013, 05:04:29 PM
 #22521

i was going to mention the bid side , i'm watching the $50 and $40 levels very closely and the amount of coins to get down there has been growing the last 24hrs quite a lot, so even if the price goes down a little bit the buy pressure is actually building.

we were thinking $12m+ at $200+ was bullish, so $15m at $115 i certainly take as a good sign, considering how many more coins it can buy

(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
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April 13, 2013, 05:14:18 PM
 #22522

i was going to mention the bid side , i'm watching the $50 and $40 levels very closely and the amount of coins to get down there has been growing the last 24hrs quite a lot, so even if the price goes down a little bit the buy pressure is actually building.

we were thinking $12m+ at $200+ was bullish, so $15m at $115 i certainly take as a good sign, considering how many more coins it can buy

Just want to say that generally that is a very very good indication of the sentiment at a particular moment in time, however as has happened time and time again sentiment can and will change within a very short amount of time if some sort of event occurs. Of course it can work both ways.

It is the same as all other technical analysis; great at showing the current state of the market and useless for predicting the future.
Gordonium
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April 13, 2013, 05:45:02 PM
 #22523

Buying bitcoins now is like buying Facebook stock at book value when the system had half-a-million users back in 2007.

+1
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April 13, 2013, 05:46:46 PM
 #22524

Stereotype, strong hands would do such a thing if possible, and it still is with bitcoin.
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April 13, 2013, 05:50:50 PM
 #22525

Looks like gox was turned on for the full power and the first thing happened -- a dump and two minute lag.
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April 13, 2013, 05:59:06 PM
 #22526

Interesting. Lag grow, but queue not being processed. Again.
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April 13, 2013, 05:59:18 PM
 #22527

Looks like gox was turned on for the full power and the first thing happened -- a dump and two minute lag.

Strange... lag keeps rising but very little appears to be happening...
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April 13, 2013, 06:01:23 PM
 #22528

6 minute lags?!
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April 13, 2013, 06:02:11 PM
 #22529

Stereotype, strong hands would do such a thing if possible, and it still is with bitcoin.

My point entirely. Its where those strong hands consider fair price, versus the number of new wealthers who want to cash out. That question about the intentions of those new account openers, is part of the equation.
Theres obviously a % of people with big size, who just want to cash out. At what price will they all be satisfied, and exhausted, is what strong hands have/have to consider.
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April 13, 2013, 06:04:33 PM
 #22530

seems like a fatal bug on the happening with their new engine..DOOMS DAY possible Roll Eyes

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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April 13, 2013, 06:05:21 PM
 #22531

8 minutes of lag on minimal activity...  Huh
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April 13, 2013, 06:07:13 PM
 #22532

8 minutes of lag on minimal activity...  Huh

Yeah I don't get it... those new servers should be able to handle a few thousand trades.
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April 13, 2013, 06:07:53 PM
 #22533

Lag?  Everyone should probably start selling again all at the same time.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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April 13, 2013, 06:09:54 PM
 #22534

incoming
zarl
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April 13, 2013, 06:10:38 PM
 #22535

Lag?  Everyone should probably start selling again all at the same time.

Lol Smiley lets get some panic, it was getting boring anyway
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April 13, 2013, 06:10:49 PM
 #22536

Man i am shorting NOW, glad there is no fee today!

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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April 13, 2013, 06:11:08 PM
 #22537

Lag?  Everyone should probably start selling again all at the same time.

Lol Smiley lets get some panic, it was getting boring anyway

Please panic sell... I have money waiting:)
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April 13, 2013, 06:11:48 PM
 #22538

{"result":"success","return":{"lag":662319203,"lag_secs":662.319203,"lag_text":"11 minutes","length":"1315"}}

If I understand correctly, 1315 is the number of unprocessed orders.
EnergyVampire
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April 13, 2013, 06:12:11 PM
 #22539

Any of you guys ever been in a train wreck?

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April 13, 2013, 06:14:20 PM
 #22540

Any of you guys ever been in a train wreck?
Yes June of 2011

Elon Krusky
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