i've got a question.. so the sell wall whale is selling 30k coins via an exchange. how's he going to deposit that $9 million into his bank account without arousing suspicion
anyways, i guess the upside is that we have a shitload of support at 300.
Suspicion for what? Why it should be suspicious to withdraw ~9 million from a bitcoin market sell?  He fills the papers, pays the taxes (if there are some) and that's it. |
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So surprise, surprise. As written before, wall is a simple sale. Players come in - players go out, nothing more, nothing less.
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more fun?  I own this market! Could you put in a 6666 BTC wall for a few seconds to prove that it is yours? Be sure to put that bid wall at $340 so we know it's you. Can't we ask for "ask" walls instead please? An ask wall is a sell wall, I think you mean bid wall |
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Some trolls here still try to deny that he is using the oldest trick ever aka buy everything up below your sell wall...
A lot of people/trolls here probably don't even know such a trick exists. No. It's a very sophisticated trick. A lot of people (the most of them without head) can't follow such a genius trick. Thank you very much  |
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Well it seems to me that that wall did it's job.
We seemed to bounce back. From 276 to above 320. Then he sold and put up a giant wall to prevent further recovery.
Thanks a lot.
It does not mean a lot. Could start to sell a part, move it down...next hours/days will show. |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories? I guess he/they simple wants sell. Maybe speculated for a double bottom and failed. Now he wants to take the ~9,000,000 USD leave the game. I think: it's an offer, not bearish, not bullish, a simple offer. It's bearish only in the sense that it invalidates all the "big players are paying premium prices, buying OTC to avoid slippage." Only if it sells..  Actually, just the opposite. The wall being bought would mean that big players do want to buy large quantities without slippage. Seriously. I´m sure all of the big players that are interested in buying huge chunks have 10 Mio+ layin around on Bitstamp (and on every other exchange to be sure) sitting in front of their computer24/7, just in case someone puts up a 30k BTC wall... And it´s weekend btw. That wall has been around for a few hours on a Sunday. we´ll see how much longer it stays. It must not get bought by one or very few people. We saw this on smaller walls. Reaching the wall one starts to buy, other will follow. Well, I agree that it could be some manipulation, only I see no reason to believe that for now. Let's wait and let us see what will happen |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories? I guess he/they simple wants sell. Maybe speculated for a double bottom and failed. Now he wants to take the ~9,000,000 USD leave the game. I think: it's an offer, not bearish, not bullish, a simple offer. |
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Even if the wall were eaten, its just going to deplete the market of a huge chunk of money. If its fake? Well.. that seems unlikely considering they are old coins.
It's most likely somebody waiting for fiat to arrive at the exchange to buy more coins (it's fake) We'll see. If the market comes near enough I'll buy from the wall. I don't think it's fake. |
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So who's gonna eat that wall?  Me. |
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Come on, let it go up, I want to buy a chunk of this wall. I will not buy lower! |
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I love this Wild West Market.  |
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It would be nice to see some bids line up on stamp
Nope, better not. Direct market buying, invisible support and small to medium walls are a lot healthier for now. |
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The thing I don't like about the 30000 ask wall is that is the moment when the manipulator shows his hand. Every one panics at first, but then a feeling of temporary relief comes in and people tell themselves "don't worry, everything is fine, now we all know for sure that this crash is really just manipulation and nothing more". People become confident and maybe even start placing bids. Why would the manipulator prove to the whole world that the dumping is just manipulation and nothing more? Wouldn't that make his accumulation harder?
It is done for one last good size dump so that he can accumulate his final coins. He would be foolish to put up the wall again. Somebody might be lurking, ready to take out the wall then he will lose his coins. Why people are selling now is beyond comprehension. About 30 times a day here i read about the whale or whales that are accumulating. Not once has someone shown me any evidence that this is the case. Will you be the first? Check it out, he is accumulating right now. I understand that you prefer to fool yourself but i prefer proof. Got any? Sometimes our friend ShroomsKit is talking very reasonable Accumulation or not...no proof of it, so it is not more than a rumor. A rumor?! Buy, buy, buy! |
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We never hit a previous ATH before.
Unless bitcoin is dying for real
People, please stop to exaggerate. Only cause it's breaking a former ATH and it never happened before it does not mean it is dying. Why you are all so maniac depressive? |
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Over monthes and monthes I was listening here that it were impossible to go so low and now we are there(and could even go lower). And now it's impossible to go to 10,000$ (in the long run)? |
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sorry..revealing my bull side there Chances for a bull run are very good. But if it will be a sustainable recovery...that's another thing. Meanwhile I won't care now and better go to bed, good night you all bulls and bears |
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Are the deposits on circle are holded in BTC or fiat?
depends what you deposit i guess. My English is lacking, hm? Another trial: I hold BTC or Fiat on a circle Account? You know what I mean? I guess BTC, but want to be sure. it is my understanding that circle accounts can hold BTC or Fiat(of any color), and you are free to switch back and forth at anytime, I'm guessing they won't let you do bitcoin trading with this account... its probably part of their policy that it the service should not be used to day trade bitcoin. The second you send money to circle it is converted to BTC. You cannot sent USD to circle and then place a bid. They have no bids or asks. When you send BTC there is it held until you market sell, when you send USD it automatically converts to BTC. Therefore all holdings are in BTC. Thanks. You want a Tequila for this info? |
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Oh god, I'm too heavy drunken. Better I stop making withdrawals.
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Are the deposits on circle are holded in BTC or fiat?
depends what you deposit i guess. My English is lacking, hm? Another trial: I hold BTC or Fiat on a circle Account? You know what I mean? I guess BTC, but want to be sure. it is my understanding that circle accounts can hold BTC or Fiat(of any color), and you are free to switch back and forth at anytime, I'm guessing they won't let you do bitcoin trading with this account... its probably part of their policy that it the service should not be used to day trade bitcoin. I don't want to trade, I only want to send a medium amount of Bitcoins to my Circle Account. It irritates me that there are coming up messages like "you received xxxx.xx $ and not xx BTC. So it's only a reference value in USD and in conclusion nothing more than another form of a Bitcoin wallet or are they converting BTC to USD on entrance (and therefore I hold USD)? |
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