Bitcointalk Mobile Browser presented by IRLBTC™

<< >> (p.333)

	Author	Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion (Read 26889176 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)

UltimateReaper

Newbie

Offline

Activity: 56
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:06:08 AM

#6641

Quote from: adamstgBit on May 10, 2013, 01:01:50 AM

Quote from: cilphex on May 10, 2013, 12:54:21 AM

Sorry everyone, I'm late to the party. Is there a theory on why the price has been so stable?

we are all waiting for a dump.

we know that somewhere out there, there's a bitcoiner that needs the money, everyone is just waiting to capitalize on his miss fortune...

its a sick sad world. Tongue

http://25.media.tumblr.com/a118f693f73e94a05bc90abec3850a29/tumblr_mkl33hPpzB1sn5teeo1_400.gif

It's only a matter of time.

ineededausername

Hero Member

Offline

Activity: 784
Merit: 1000

bitcoin hundred-aire

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:06:29 AM

#6642

Well, let's see... what are some eras of stability that we've seen before?

$5... until it exploded to $15
$13... until it exploded to $266

The waiting starts now

Quantum_Negatum

Member

Offline

Activity: 84
Merit: 10

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:06:33 AM

#6643

Quote from: adamstgBit on May 10, 2013, 01:05:23 AM

Quote from: Quantum_Negatum on May 10, 2013, 01:02:53 AM

It's not just the low volume that scares me. This coincided with Gox restricting and/or disabling bots. It appears that not only do the bots move walls to control the price, but they are also responsible for most of the volume.

link?

There are some reports earlier in the thread by users who had bots disabled/restricted. I'll try to find.

Not surprising though. Gox has previously posted on facebook or twitter that they temporarily restricted the bots after a DDOS attack. I believe this was done shortly after the engine upgrade in April. Similar to the present situation, those restrictions also resulted in low volume and stagnant price.

*edit*

some reports around p 337. https://bt.irlbtc.com/view/178336.msg2087032#msg2087032

oroboras

Full Member

Offline

Activity: 238
Merit: 100

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:13:12 AM

#6644

Piper67

Legendary

Offline

Activity: 1106
Merit: 1001

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:15:57 AM

#6645

Incidentally, a stable price while 3600 new coins are produced each day means the value of Bitcoin is actually on the rise.

oroboras

Full Member

Offline

Activity: 238
Merit: 100

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:17:41 AM

#6646

good point.
Oh yeah, my first HD 7970 OC arrives tomorrow.... my output will triple now Cheesy

OK, not speculation, and should be in the mining thread, but I will be speculating the BTC I mine.

UltimateReaper

Newbie

Offline

Activity: 56
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:21:07 AM

#6647

Quote from: Piper67 on May 10, 2013, 01:15:57 AM

Incidentally, a stable price while 3600 new coins are produced each day means the value of Bitcoin is actually on the rise.

To be honest I'm pretty sure this volume isn't normal and neither is MtGox right now. Something has to be up, it's literally dead right now.

Also, if the "true value" is lower than what it is now (I'm sure that it probably is) the rising value per new coins doesn't mean much.

Also doesn't a bigger supply mean a lower demand? Wait how does that work with bitcoin?

UltimateReaper

Newbie

Offline

Activity: 56
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:22:43 AM

#6648

Quote from: oroboras on May 10, 2013, 01:17:41 AM

good point.
Oh yeah, my first HD 7970 OC arrives tomorrow.... my output will triple now Cheesy

OK, not speculation, and should be in the mining thread, but I will be speculating the BTC I mine.

For the love of me I cannot figure out how to mine. Got a user friendly guide?

adamstgBit

Legendary

Offline

Activity: 1904
Merit: 1039

Trusted Bitcoiner

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:23:59 AM

#6649

Quote from: molecular on May 09, 2013, 02:44:36 PM

Quote from: Quantum_Negatum on May 09, 2013, 02:28:22 PM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

my "client" is effectively disabled. can't do api calls at all. don't know what to do to get around cloudfare ddos protection stuff. apparently this: http://blog.cloudflare.com/introducing-im-under-attack-mode got activated.

crap, it's true. probably many bots are disabled. let's see what the humans do... probably not much.

hmmm interesting...

fourkey2001

Newbie

Offline

Activity: 42
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:25:23 AM

#6650

400 btc to be sold at 113....

if that person gets impatient he may dump it now

oroboras

Full Member

Offline

Activity: 238
Merit: 100

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:33:19 AM

#6651

Quote from: UltimateReaper on May 10, 2013, 01:22:43 AM

Quote from: oroboras on May 10, 2013, 01:17:41 AM

good point.
Oh yeah, my first HD 7970 OC arrives tomorrow.... my output will triple now Cheesy

OK, not speculation, and should be in the mining thread, but I will be speculating the BTC I mine.

For the love of me I cannot figure out how to mine. Got a user friendly guide?

https://mining.bitcoin.cz/ look on there. It's really easy, and if like me you keep your PC on 24/7, then the extra power consumed is virtually nothing.

I doubt that guy will dump his 400BTC yet. I hope he does though, as I will be able to buy in for a tiny profit if he drops to 111.5 - and a tiny profit > boredom.

rezurect

Sr. Member

Offline

Activity: 686
Merit: 250

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:47:47 AM

#6652

Can anyone overlay btc-e and mtgox price charts,line, hourly for 1 month ?

UltimateReaper

Newbie

Offline

Activity: 56
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 01:59:47 AM

#6653

Quote from: 100x on May 10, 2013, 01:56:23 AM

I have discovered some slightly positive news for you guys. In the past 24 hours, while Mt Gox volume has been very low (relative to recent weeks), Bitstamp has not seen as severe of a drop. Of course it is only one small data point. But it would be awesome if the Gox monopoly was weakening.

http://s21.postimg.org/ookyiri3r/24hour_btc_vol.png

For reference, in the past Gox has almost always had at least 10x higher volume than any other exchange. Here we see Gox having less than 4x the volume of Bitstamp.

Mtgox is dead. Bitstamp isnt moving much either. Thunder clouds and rain outside.... What will the world look like when the sun rises?

Lol

ChartBuddy

Legendary

Offline

Activity: 2744
Merit: 2398

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Automated posting

May 10, 2013, 02:02:12 AM

#6654

glendall

Legendary

Offline

Activity: 2170
Merit: 1019

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 02:03:31 AM

#6655

Quote from: 2017orso on May 10, 2013, 01:32:38 AM

More I learn about this world more enticing starting an exchange becomes.

Already have the legal and accounting resources. Any developers out there interested in a project please pm me. Based in Canada.

Go for it man ! Be nice to have another option besides CanVirtEx, where it is pretty difficult to get money in or out of without using a bank account.

fourkey2001

Newbie

Offline

Activity: 42
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 02:04:46 AM

#6656

seems the bear parade is walking in

adamstgBit

Legendary

Offline

Activity: 1904
Merit: 1039

Trusted Bitcoiner

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 02:16:28 AM

#6657

Quote from: fourkey2001 on May 10, 2013, 02:04:46 AM

seems the bear parade is walking in

their walking pretty slowly....

fourkey2001

Newbie

Offline

Activity: 42
Merit: 0

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 02:18:02 AM

#6658

only 14% people say to buy

interesting: https://bt.irlbtc.com/view/200615.0

01BTC10

VIP
Hero Member

Offline

Activity: 756
Merit: 503

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 02:22:33 AM

#6659

Quote from: fourkey2001 on May 10, 2013, 02:18:02 AM

only 14% people say to buy

interesting: https://bt.irlbtc.com/view/200615.0

Solid statistical sample.

Piper67

Legendary

Offline

Activity: 1106
Merit: 1001

Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore

May 10, 2013, 02:23:09 AM

#6660

Quote from: glendall on May 10, 2013, 02:03:31 AM

Quote from: 2017orso on May 10, 2013, 01:32:38 AM

Go for it man ! Be nice to have another option besides CanVirtEx, where it is pretty difficult to get money in or out of without using a bank account.

Have you tried liberty bit?

Pages: « 1 ... 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 [333] 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 ... 35230 »

Page 332

Viewing Page: 333