Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
big sell wall pushing the price down. Is it a short and distort?
Its an Idiot Wall. Either an idiot trying to push the price down, or an idiot thinking they were 'selling into (non-existent) strength' when it was rising up to 118, hahaha. Seems more likely to be someone trying to push it down. You can't speculatively (profitably) long bitcoins, you can only short. So it's probably some supernode trying their capabilities (American likely), but I will be impressed only after breaching $.11. If I can do $.119->$.09752 in 3 days, surely others can do even better!
Um, you mention the word 'supernode' quite often but I don't understand what you mean by it.
Quote
0.0th class supernode = BTC1M
0.5th class supernode = BTC100,000
1.0st class supernode = BTC10,000
1.5th class supernode = BTC3,000
2.0nd class supernode = BTC1,000
2.5th class supernode = BTC300
3.0th class supernode = BTC100
0.5th class supernode = BTC100,000
1.0st class supernode = BTC10,000
1.5th class supernode = BTC3,000
2.0nd class supernode = BTC1,000
2.5th class supernode = BTC300
3.0th class supernode = BTC100
So where does my huge stash of 3.2BTC fit into this equation? Do I get invited to the next conference or do I need to make a couple more first?
Brilliant! Litecoin it must be then, lol