Re: Wall Observer - MtGoxUSD wall movement tracker

There is no reason for the sudden and dramatic rise in volume. Insider trading? My bet is that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla incident.

Is this some kind of advanced reverse psychology that you are speaking? Cheesy

There was just a conference with lots of VC's there. So, some traders know of impending negative news and so are somehow driving the price up and risking lots of $$$ in the meantime?
You should write children's stories... Grin

Come on, you can come up with something more factual that that. How about the Japanese stock market COLLAPSED by 12% yesterday and that is a sign that Quantitative Easing (aka planned hyperinflation) doesn't work.

Looks like I may have been right though...

Don't confuse being right via guessing, with being right for the correct reasons. eheheh

I think things are a bit more complicated than any of us can understand to be honest.
Sit back and enjoy the ride, however slow or volatile it may be...

What am I confusing? I acknowledged I was guessing by calling it a "bet." But, it was an educated bet that took into consideration recent events.

You are making some of the most speculative guesses in this thread and have a hard time admitting that you might be wrong.