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Title: WTF is that sell order troll wall?! Post by: knight22 on April 22, 2014, 03:05:17 AM Title: Re: WTF is that sell troll wall?! Post by: RyNinDaCleM on April 22, 2014, 03:06:07 AM Wow! Yours is bigger than mine :-[
https://i.imgur.com/eLFyYCN.png Title: Re: WTF is that sell order troll wall?! Post by: IamComrade on April 22, 2014, 03:08:08 AM Price is crashing I thinkprice going to $200 soon :(
Title: Re: WTF is that sell order troll wall?! Post by: knight22 on April 22, 2014, 03:10:14 AM Gone! WFT is going on? ???
Title: Re: WTF is that sell order troll wall?! Post by: derpinheimer on April 22, 2014, 03:11:16 AM Gone! WFT is going on? ??? It was sold as far as I can tell. Kinda common in the past months - reasonably large walls appears, but not "huge" [Like, 400-800ish], then it slowly moves down in price until it fills entirely. Title: Re: WTF is that sell order troll wall?! Post by: chessnut on April 22, 2014, 03:11:31 AM Thats a bloody bargain! get em while they're cheap!
Title: Re: WTF is that sell order troll wall?! Post by: knight22 on April 22, 2014, 03:16:34 AM Gone! WFT is going on? ??? It was sold as far as I can tell. Kinda common in the past months - reasonably large walls appears, but not "huge" [Like, 400-800ish], then it slowly moves down in price until it fills entirely. it was at least a 30K bitcoin wall. No such trade happened. Edited Title: Re: WTF is that sell order troll wall?! Post by: Raystonn on April 22, 2014, 03:16:54 AM Notice how we jumped right back up to where we started. There is buying support at this level. I saw hundreds of BTC sold in that mini-panic, and it was absorbed quickly. Now we are right back at the same price. This is no bear market. This is a bull market waiting for the breakout.
Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 03:19:54 AM Notice how we jumped right back up to where we started. There is buying support at this level. I saw hundreds of BTC sold in that mini-panic, and it was absorbed quickly. Now we are right back at the same price. This is no bear market. This is a bull market waiting for the breakout. tell this to that wall's owner ;D Title: Re: WTF is that sell order troll wall?! Post by: derpinheimer on April 22, 2014, 03:19:59 AM Gone! WFT is going on? ??? It was sold as far as I can tell. Kinda common in the past months - reasonably large walls appears, but not "huge" [Like, 400-800ish], then it slowly moves down in price until it fills entirely. it was at least a 30000K bitcoin wall. No such trade happened. Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 03:20:34 AM but I only saw like 700... +1. Maybe it was a glitch? Title: Re: WTF is that sell order troll wall?! Post by: chessnut on April 22, 2014, 03:20:54 AM Notice how we jumped right back up to where we started. There is buying support at this level. I saw hundreds of BTC sold in that mini-panic, and it was absorbed quickly. Now we are right back at the same price. This is no bear market. This is a bull market waiting for the breakout. +1, nice inverse head and shoulders there for everyone to see, lots of rejection from critical support, and no conviction from the bears. Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 03:22:56 AM +1, nice inverse head and shoulders there for everyone to see, lots of rejection from critical support, and no conviction from the bears. Bears are waiting for bidside to be filled before another dump to $260. Title: Re: WTF is that sell order troll wall?! Post by: chessnut on April 22, 2014, 03:23:49 AM +1, nice inverse head and shoulders there for everyone to see, lots of rejection from critical support, and no conviction from the bears. Bears are waiting for bidside to be filled before another dump to $260. who puts up a 30k wall and then takes it down? it was just a troll wall! back to the charts. Title: Re: WTF is that sell order troll wall?! Post by: IamComrade on April 22, 2014, 03:24:20 AM Gone! WFT is going on? ??? Price crashed to $50 on bitstamp for one second :o Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 03:25:22 AM +1, nice inverse head and shoulders there for everyone to see, lots of rejection from critical support, and no conviction from the bears. Bears are waiting for bidside to be filled before another dump to $260. who puts up a 30k wall and then takes it down? it was just a troll wall! back to the charts. He is aiming to pop and deflate the bitcoin bubble. I agree with him. Title: Re: WTF is that sell order troll wall?! Post by: chessnut on April 22, 2014, 03:27:25 AM +1, nice inverse head and shoulders there for everyone to see, lots of rejection from critical support, and no conviction from the bears. Bears are waiting for bidside to be filled before another dump to $260. who puts up a 30k wall and then takes it down? it was just a troll wall! back to the charts. He is aiming to pop and deflate the bitcoin bubble. I agree with him. or he's just trying to fill his bid orders..... walls have 100% ambiguous meaning. Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 03:29:41 AM or he's just trying to fill his bid orders..... walls have 100% ambiguous meaning. And who will buy when these big sell walls are appearing very often last times? Title: Re: WTF is that sell order troll wall?! Post by: chessnut on April 22, 2014, 03:30:51 AM or he's just trying to fill his bid orders..... walls have 100% ambiguous meaning. And who will buy when these big sell walls are appearing very often last times? no, the question is who will sell.... he wants people to sell to his bid walls. there is obviously support in the area. Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 03:31:39 AM or he's just trying to fill his bid orders..... walls have 100% ambiguous meaning. And who will buy when these big sell walls are appearing very often last times? no, the question is who will sell.... he wants people to sell to his bid walls. there is obviously support in the area. The next real support is only at $260. Mark my words :D Title: Re: WTF is that sell order troll wall?! Post by: knight22 on April 22, 2014, 03:32:34 AM Gone! WFT is going on? ??? It was sold as far as I can tell. Kinda common in the past months - reasonably large walls appears, but not "huge" [Like, 400-800ish], then it slowly moves down in price until it fills entirely. it was at least a 30000K bitcoin wall. No such trade happened. Yeah my mistake Title: Re: WTF is that sell order troll wall?! Post by: Raystonn on April 22, 2014, 03:36:14 AM That was a USD$15,000,000 sell wall. That someone trusts an exchange with that amount of wealth is an impressive show of trust in BTC's infrastructure. That the wall was taken down and price is now up a few dollars shows the owner of those BTCs doesn't believe price is truly going down.
You want to know what happened? The whale put up bid orders to get a discount on coins, showed the massive sell wall, triggered a mini-panic selloff, had his bids filled, then removed the sell wall. He got a discount and increased his long position further. Does this sound like someone who believes the market is going to drop right now? He's holding an awful lot of coins for a bear. Title: Re: WTF is that sell order troll wall?! Post by: derpinheimer on April 22, 2014, 03:54:27 AM There is no evidence of this wall on BTCCharts "historical" depth. Probably a glitch and nothing more.
Title: Re: WTF is that sell order troll wall?! Post by: Raystonn on April 22, 2014, 03:57:47 AM There is no evidence of this wall on BTCCharts "historical" depth. Probably a glitch and nothing more. How often, and when, are the snapshots taken for the historical depth? Title: Re: WTF is that sell order troll wall?! Post by: ElectricMucus on April 22, 2014, 03:59:29 AM There is no evidence of this wall on BTCCharts "historical" depth. Probably a glitch and nothing more. https://i.imgur.com/iTaGXOL.gifTitle: Re: WTF is that sell order troll wall?! Post by: y3804 on April 22, 2014, 04:01:00 AM Yeah looks to be a glitch IMO, doesn't appear on any of the big charts
Title: Re: WTF is that sell order troll wall?! Post by: TERA on April 22, 2014, 04:11:12 AM I saw this same glitch with the same exact amount of coins (~60K) on Bitstamp right before we broke out from $190 and broke ATH.
Title: Re: WTF is that sell order troll wall?! Post by: fr33d0miz3r on April 22, 2014, 04:13:00 AM I saw this same glitch with the same exact amount of coins (~60K) on Bitstamp right before we broke out from $190 and broke ATH. Yes, it's a pretty good indicator ;D Title: Re: WTF is that sell order troll wall?! Post by: Peter R on April 22, 2014, 04:43:28 AM I saw this same glitch with the same exact amount of coins (~60K) on Bitstamp right before we broke out from $190 and broke ATH. Yes, it's a pretty good indicator ;D Yes, the troll wall omen! I love it :D Title: Re: WTF is that sell order troll wall?! Post by: goose20 on April 22, 2014, 07:43:09 AM There is no evidence of this wall on BTCCharts "historical" depth. Probably a glitch and nothing more. https://i.imgur.com/iTaGXOL.gifLove it. Haha Title: Re: WTF is that sell order troll wall?! Post by: honorem on April 22, 2014, 11:01:43 AM This was just a glitch ......
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