Bitcoin Forum

we're going down one more time, but then up to the moon. the market reversal is evident in the indicators, and the rearrangement of market depth in the past 24 hours is telling; but there are some tough times ahead. i predict a continuation of the rally we've seen these past few days, then crash to no lower than the support at $5.00, and then expect new monthly highs.

the rearrangement of market depth on the ask side is really creepy after watching it for a few days.
it almost seems like a few people control 25+K of BTC value to make that ask line look any way they please.
so many suspicious signs, for example, the amount of 512 BTC chunks of asks spread out. what are the chances
one person placed them all? pretty darn good.

i am not sure what to think anymore.

well ill be damned. seems like someone is using my predictions as a contrarian indicator...

we're still going up, but the correction to this wave is going to be scary without the wall at $5.00.

You're not important.  The market doesn't care what you think.

Somebody's making pretty patterns on the exchange.

512, 512, 512, 256, 512, 512, 256, 256...

is that how i seem?

If the ask depth movement over the last 20 minutes does not prove a few people control it I do not know what does.

they control their own asks/bids. the massive walls are gone now, and most of what's left is probably genuine. they control what the shape looks like but i would advise you to use a ticker like clarkmoody's to watch the individual orders.

I do use both. They are both open as I type this. But they are the same exact thing except in different formats.
One is easier to visualize in a second while the other is not.

lol sorry couldn't help myself

http://i44.tinypic.com/25iw18n.png

this is hilarious. powers-of-two-that-be manipulator keeps building up and removing wall at $4.90 to spook people. enticing the bull trap and it's not going to work. he shouldn't have left the support there so long to begin with, he would've been able to get some cheap cheap bitcoins. as for now, we're going up up up mr binary be damned.

Its just a visual glitch... you are funny/sad
https://bitcointalk.org/index.php?topic=67578.0

I read that also. Now we have to deal with poor info to boot.

And the people here who enjoy getting cheap shots in on other members... whatever.

i don't think so... i've seen the glitch before. it appears as though a large order will 'flicker', leaving ghostlines. the huge wall of support however is actually gone, as evidenced by the data on clark moody's ticker. and it was there for a few hours. same cycle happened in the early hours of this morning.

The creator of BTCcharts acknowledged it in the thread I linked. Get over yourself.

What size was this wall at 4.9, arepo?

wish i had screen capped. maybe that would help me 'get over myself'. i'm just trying to have a pleasant conversation here...

i'd estimate about 20k. it was sloped too, orders placed at even intervals, all with sizes powers of 2. so what exactly is going on here?

someone playing with the order books, to make it look bullish

this is unheard of ... ;)

My guess is that somebody is hoping to jumpstart a rally they can sell into.

20k? Well, I have a suspicion who that might be.

He probably needs bid depth, otherwise he would put up limit ask orders.

haha exactly my thoughts: