Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Dump3er]

i think the manipulator will try to push us down further, he wouldn't be selling 3K BTC on margin if he didn't plan to take it down lower after.

if he thinks he can make us panic sell because of lower and lower prices, hes gonna have a bad time....

I think I will start to write a book about all the spacy conspiracies in this thread. This could make me wealthier than all bitcoin whales together.

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[adamstgBit]

oh its happening!

[jaberwock]

Where is the 480 wall?

Now the depths are almost normal again, with red one being just a little more deep.

Aren't we supposed to have fun now? Where is the fun?

I am having fun watching that wall on Bitfinex being eaten right now.   

Was too concentrated on the Bitstamp char and missed the huge Bitfinex wall

Tks for let me know about it.

[adamstgBit]

this could take a while...

[edwardspitz]

inching closer and closer to that massive wall

I think these super walls are bullish aren't they?  Is it a last ditch effort to try to get cheap coins?  

If only someone would just buy them all at once.  That would be so much fun to see!  

what's bullish is the lack of panic when these walls appear.

tells me all the "tourist" are gone.

i think the manipulator will try to push us down further, he wouldn't be selling 3K BTC on margin if he didn't plan to take it down lower after.

if he thinks he can make us panic sell because of lower and lower prices, hes gonna have a bad time....

seriously guys, Hoist the Colours

 

We have been bouncing around $470 for a while... Traders seem unwilling to part with their coins when we go below and it quickly gets bought back up. So I think bulls are slowly gaining more confidence and there is less panic as you pointed out. The ask walls are clearly of the manipulative kind on BFX... it is not like sellers are trying to get the best price for their coins by slowly selling at the best price they can achieve. At least not at this level. Also I find it quite interesting that shorts went down 1k BTC a few days ago. So there are definitely some bullish signs. But I guess we could go further down if whales are willing to dump harder. They have tried this, but maybe they have come to the conclusion that it is not worth the effort. But we surely won't go up until whales wants us to. Without whale type bid support it is too easy for shorters to cause panic and bring the price down after breakout attempts. That is the way I see it anyway.

[jaberwock]

this could take a while...

Indeed. We are not in the october bubble, so it will take days for that 3k wall be broken.

Watch it real time will be as fun as watch grass grown real time.

[ChartBuddy]

Explanation

[_javi_]

[adamstgBit]

THIS IS SO FUCKING COOL O_O

[adamstgBit]

i have a feeling we will be looking at this wall of days.

theres no rush to it eat just yet, bids are filling, and asks are coming in front.

take it easy.

[adamstgBit]

if anyone wants bet this wall isn't coming down ill put 100$ on the table.

for fun.

just say'n

[maok]

change the pool, silly question, out of what ? Bitcoin reaches $1K by end of year, end of story.

[JayJuanGee]

i have a feeling we will be looking at this wall of days.

theres no rush to it eat just yet, bids are filling, and asks are coming in front.

take it easy.

But the price is NOT really moving and the volume is NOT particularly large in the last 12 hours or so. 

Surely we could get movement in either direction, so the walls do NOT tell us too much about that.. I mean the walls may tell us that people have a certain amount of coins on the exchange or that they have a certain amount of fiat on the exchanges... but stagnation does NOT really tell us too much about direction until we see movement.. which your guess is as good as mine concerning direction.. maybe we will get a few more dumps, but it does NOT seem too likely that prices will get below the mid $450s..... and maybe only temporarily. 

For example, 12 hours ago, we had a 6k BTC dump across exchanges.. which caused a $10 to $15 price drop from $478 to $462 that has subsequently the price has returned to nearly the same price level that it was, prior to the dump and on fairly low volume.  Maybe this recent activity is generally bullish, overall b/c I am NOT clear are the dumpers running out of coins, yet?

[JayJuanGee]

if anyone wants bet this wall isn't coming down ill put 100$ on the table.

for fun.

just say'n

What's your proposed timeline though?   12 hours?  24 hours? 48 hours?  72 hours?

[JayJuanGee]

i can dodge bullets, baby. i'm back. did you miss me?

i've been busy in my lab looking over charts and running some algorithms to calculate coming price actions. sorry but doesn't looking good.

don't buy now, and beware of any false recoveries. more to come.

You have been busy adding "l"s to your name, too?

Probably, also, a lot of members in the forum have been messaging your and asking your BTC advice, too, right?

[vphen]

the wall has been tested.
it has been a while no more brave/stupid man to take one more bite.

[adamstgBit]

if anyone wants bet this wall isn't coming down ill put 100$ on the table.

for fun.

just say'n

What's your proposed timeline though?   12 hours?  24 hours? 48 hours?  72 hours?

once there is no hope for this wall to be filled? >1000BTC pile up in front??

[Omikifuse]

Will be fun if 10 minutes after you set your 1000BTC bet whoever puts that wall just calcel the order

[adamstgBit]

if anyone wants bet this wall isn't coming down ill put 100$ on the table.

for fun.

just say'n

What's your proposed timeline though?   12 hours?  24 hours? 48 hours?  72 hours?

once there is no hope for this wall to be filled? >1000BTC pile up in front??

falling wana make some money fast?

[byronbb]

Such a bizarre market for the last few months.