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761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 04:02:53 PM
@ tarmi -
longs closed 342
shorts opened @339

 Wink

Waiting for 320-325$
Maybe 315$


longs closed 340

did not open shorts, but I did open my laptop, cause I spilled some coffee on keyboard.

btw, I dont know if it is smart to post our positions here.

:*

honey badger don't care man.


nor do I, man.

I have some work to do now.

I think a lot of us have some work to do after wasting time staring at charts a few hours ago Tongue
762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:47:08 PM
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.


If everyones does that, how does a wall ever gets eaten...

From big players, who can appreciate the slippage free buys.
763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:39:42 PM
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.

Also, I find the amount of people reciting ,"WALL WAS PULLED" "IT WAS FAKE" "ANOTHER 30K WALL INCOMING" "WALL GUY FELL ASLEEP AND GOT F'CKED" very irritating, since none of that is true.
764  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:35:55 PM
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.

A big whale can sell to themselves if they are the only one(s) on the exchange.  Show me the Average Joe buyers.

What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.

I heard the last 11.5K was eaten in one gulp.  Did I hear wrong?

Yep, its because people dont understand how bitcoinity displays purchases.

If 100 people buy 1btc separately, at the same time, bitcoinwisdom would show 100 1btc trades go by. Bitcoinity would show one 100btc trade.

Bitcoinity will "reset" once a trade goes by at a different price. So, imagine you have a 5k wall at 299.99 and a 5k wall at 300.00... you could have up to 10k of volume displayed trading at 300.00 on bitcoinity, trading "seconds ago" at $300. (because 299.99 is rounded and does not reset the "counter"), and each additional trade in that range continues to update the timer to "a few seconds ago", even if 10,000 of it was bought an hour ago, and someone bought 1btc then. it would show 10,001btc "a few seconds ago"

So, the last 11000 btc were eaten without a single seller, or something of the sorts.  

Some guy has a spreadsheet showing every trade, so you can see:
https://docs.google.com/spreadsheets/d/1ZZaXtuRJ_Ppo1_R2UczZSIpyreGjxpUMDsimbPneGq4/pubhtml?gid=928136785&single=true

765  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:31:43 PM
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.

A big whale can sell to themselves if they are the only one(s) on the exchange.  Show me the Average Joe buyers.

What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.
766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:27:11 PM
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.
767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:24:35 PM
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol


baby profit takers?

that 2 k wall is pure profit. Cheesy

btw, if mr 30 k wall is out of ammo, he is more stupid than I thought.

but my gut is telling me that he is awaiting train pics.

And more people who still havent grasped that it was an early adopter cashing out.
768  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:20:07 PM
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.

Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.
769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 02:29:42 PM
btc-e is still higher than stamps

nice

trend reversal?

People are calling it that based on the graphs, but its very unlikely.
770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 02:22:11 PM
Why Klee is such an angry twat:

FYI I got ALL IN on the way down @353$

 Cool

I am buying 5btc for every 10$ drop, lets see if I get broke! Tongue
How much have you bought in the past 2 days?  Roll Eyes
I started buying @390

5 @390
5 @380
5 @370

OOPS! BAHAHHAHA.
771  Economy / Speculation / Re: Source of 30k+ ask wall on Bitstamp on: October 06, 2014, 02:20:44 PM
The  30k btc wall was deleted , so nobody know  what is the answer at your question Wink.

NOPE! The 30k wall was eaten in full. The whale was slain at $300.

See for yourself: https://www.youtube.com/watch?v=-uX_bB_4VJk



That was awesome! Nice music too.
772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 02:03:59 PM
Bitstamp is totally exhausted, I think there will be still some downtrend.
Everyone please ignore this idiot, I just did...

Lol, retard bull is angry with logic.
773  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 04:49:42 AM
WHy must I need sleep? Expecting >$300 by then... a short lasting $350 or so.
774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 04:48:32 AM
1k market order (buy) lol

Bulls are dumber than expected.
775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 04:47:09 AM
Ask wall just grew by 2.5k

Well I guess he can buy back some of his coins cheaper now >.<
Um, what?
776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 04:18:10 AM
we tried to fix it with duct-tape
 but the coins were still leaking out


if you can't duck it fuck it.

lmfao.. literal interpretation of leaking bitcoin from hot wallet HAHAHHAHA

Bitstamp:
777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 04:11:26 AM
So many fucking buyers.. I cant believe they are still trickling in

Notice that with the little rise in China the buys are getting a bit more frequent @ stamp.

Would be funny to see walls get pulled from BFX and get sent to bitstamp. They must be so jealous LOL
778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 03:43:01 AM
Cheap coins in front of you guys... but I don't see anyone rushing to buy it all  Grin Grin Grin
So who's gonna push this up to 10k?  Grin Grin

Hell, 1300 or so bought in a minute about ten minutes back

In total we are nearing 15k-20k bought I think. (Well, about 7k to market sells, and the rest to people nibbling on the wall)
779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 02:57:42 AM
What do you guys think about this theory talked about in the BTC-e troll box.

Quote
Its the 2013 gox wall all over again. He's creating a pressurecooker while buying on all other exchanges, hes been downtrending stamp and thus BTC for months, now he is selling to USD while buying BTC and using the USD later on stamp to support the new rally.

Its a load of shit. This is a real sell.

Also lmao @ that wall whale pic
780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2014, 02:44:21 AM
Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?

Never this stable, no... its prettty eerie LOL

Only 10 BTC missing for me to have enough BTC to buy the entire wall in one go, so send me 10 BTC and I'll do it Cheesy
I dont think thats how it works  Grin

do you believe this is the bottom??
because i am worried to sleep

At this point, why sell? I wish you luck. Maybe put an ask order at $340 if you are really worried.
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