Wall Observer - MtGoxUSD wall movement tracker

[Piper67]

Me also - no problem with anything. Except that the price does not warrant either buying or selling, and that is boring 

MtGox just came back a few minutes ago.

[Gatekeeper]

Gox is an absolute disgrace when you think about the amount of money they must be making, are they all too busy swimming in a pool full of money or what?

[Comodore]

Nope mtgox ERR_CONNECTION_TIMED_OUT

[Piper67]

Gox is an absolute disgrace when you think about the amount of money they must be making, are they all too busy swimming in a pool full of money or what?

While I wholeheartedly agree with you, yesterday was a DDOS, so it's not impossible that today is as well.

[Richy_T]

It's getting time for someone else to step up to the plate. Gox, as the major player and just about a single point of failure is just too big a target.

[zby]

Gox is an absolute disgrace when you think about the amount of money they must be making, are they all too busy swimming in a pool full of money or what?

While I wholeheartedly agree with you, yesterday was a DDOS, so it's not impossible that today is as well.

What was the goal of that DDOS?  Was it an extortion?

[damnek]

Gox is an absolute disgrace when you think about the amount of money they must be making, are they all too busy swimming in a pool full of money or what?

While I wholeheartedly agree with you, yesterday was a DDOS, so it's not impossible that today is as well.

What was the goal of that DDOS?  Was it an extortion?

What I noticed was a sale of about 4k bitcoins, after which Mt.Gox quickly went unstable. I suspect that either tons of traders were hitting the sell button after that or someone (that seller?) started a DDOS immediately after that to cause panic.

EDIT: typo

[mccorvic]

I wonder if the 20k BTC buy wall at 76.02 is the same one we saw at $50 something earlier this week.  If so, the next question is is this a really hopeful individual trying to catch another drop at the same price as the drop before it or is it some sort of trading strategy to edge up the price?

[molecular]

Gox is an absolute disgrace when you think about the amount of money they must be making, are they all too busy swimming in a pool full of money or what?

While I wholeheartedly agree with you, yesterday was a DDOS, so it's not impossible that today is as well.

Might also be the case that some people suffer from being marked ddos source by prolexic.

[justusranvier]

What was the goal of that DDOS?  Was it an extortion?

Bot herders are upset that ASICs are making CPU mining unprofitable even for botnets.

[zkay]

Just wanted to respond and say I can't access mtgox at all either, and bitcoinity isn't giving me any price updates at all. So far I've only been able to try and access it using my virgin mobile phone (subsidiary of sprint) and it's totally unreachable. Any price updates from anyone that can get through?

This is a pretty lame attempt to take the market down. As soon as it comes back next week we'll be right back on track. God, I truly hope we are, anyway.

[chrsjrcj]

Bitcoinity is working for me, but not MtGox

[01BTC10]

MtGox down. Sell! 

[mccorvic]

MtGox down. Sell! 

Sell....and get your USD stuck?  Wouldn't it be more prudent to, assuming you had access to MtGox at all, transfer your BTC out and hold?

[mccorvic]

Must be dump o'clock somewhere.

[ineededausername]

Must be dump o'clock somewhere.

This is a normal phase of the recovery where the bears see it's almost back up to normal and go like, "I think this is a great time to dump."  It's completely idiotic, but I saw this with 45->38 and 69.5->60.

[mccorvic]

Must be dump o'clock somewhere.

This is a normal phase of the recovery where the bears see it's almost back up to normal and go like, "I think this is a great time to dump."  It's completely idiotic, but I saw this with 45->38 and 69.5->60.

Oh, I have no doubt about this.  It's still just as annoying as ever though.

[The-Real-Link]

Bouncing from $85 to $88 back and forth a lot today.  I see we dipped again earlier (asleep), so yeah to hear it partly due to Gox down again isn't quite surprising.

Oh well, again it's a weekend.  We may dip a bit but I figure come next week we'll jump back up.

[mccorvic]

For a good time, check out this chart: http://bitcoincharts.com/charts/mtgoxUSD#rg180zigWeeklyztgSzm1g10zm2g25zv

I also get excited when things turn out to be even more bullish than I had realized.

[Gatekeeper]

Clark Moody working fine for me, we seem to be in the same phase as at $47, next week i think we'll go to about $120 before being pushed back down to test $100 at the end of the week, and once $100 is stable then who knows how high it will go