Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
ummm, the same thing is going on at bitstamp. slow and steady stream of 1 btc sells.
thats something like 2-400/hr on each exchange.
its not unusual to see 10,000 - 25,000BTC traded in 1 hour
the sellers selling slowly at market is bullish!
I see no such volume anywhere.
Sellers selling slowly = bullish ?
What world do you live in
Let me guess: all in land
Where facts and reason
Or are you just trying to compensate for Falkevinke his all-out 'logic'?
I think what he means by selling slowly is that no one is taking big dumps, as happened 2x now during the shake out periods.
obviously sellers of stuff for BTC need to liquidate into dollars/euros as 99.9% of the world economy has yet to accept BTC for stuff... so you cannot interpret some selling as lack of faith in BTC but rather merchants needing fiat to pay their invoices.