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

[noobtrader]

Meanwhile hashrate keeps climbing

The bidside looks so fucking thin though

It really makes no fucking sense which is kinda why I'm expecting that this is the end....

yes hashrate is ATH... this is absurd

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[mmitech]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

[ShroomsKit]

Smell the despair!  Time to load up, spring is coiled.

Spring is coiled?

Uhm. No. It isn't.

[BldSwtTrs]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

There is also the possibility that the 5k wall was his, and that he sold into it to trigger the panic, and then put the wall to lock lower prices while he is rebuying.

[ChartBuddy]

Explanation

[porcupine87]

I have to admit I am kind of worried...there is something happening behind the scenes.

Seeing that wall, the only thing it might happening behind is bullish.

hm. But do you think this wasn't the same guy which sold the 6000btc at $306? I just bought a few. Just in case to miss the bull time. (worse than losing money )

[pera]

i voted yes bitcoin is done just to make more panic!

*tips*

[mmitech]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

There is also the possibility that the 5k wall was his, and that he sold into it.

also possible, lets see how things develop, maybe this will turn to be something bullish after all.

[prophetx]

if someone needs to liquidate a large amount i know a few people that want to buy 50 - 100k blocks...  

[robinwilliams]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

[fonsie]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

If he wanted to sell, he would have called, GABI, Tim Draper, Barry Silbert, some other OTC exchange, or just dump them all in one go. But not by placing walls on a sunday!

[prophetx]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

sell and buy a 10 room mansion and get 9 wives

[MoreFun]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

There is also the possibility that the 5k wall was his, and that he sold into it to trigger the panic, and then put the wall to lock lower prices while he is rebuying.

Almost surely the case...

[porcupine87]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit seller, and why did  build up that 8000BTC bid wall @380....
and why didn´t he slowly sell out over all exchanges distributed.
he also could have sold on Bitfinex @ 360 when they had around 10-12k down to 300$
I don´t think that someone with that much BTC suddenly decides to panic when it goes from 350 to 310$
Sorry but your explanation is highly unlikely.

Hm if someone bought 30 000btc for 1000$, this might not be a pro. And maybe he don't trusts other exchanges. I don't know. 50 for a further decraise and 50 for a raise. Like always

[tarmi]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

sell and buy a 10 room mansion and get 9 wives

I can understand 10 rooms, but who the f needs 9 wives?

[gizmoh]

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is a joke, rigged market and being openly manipulated. Your asset will be more depreciated by your action than your gain in the medium/long term.

PS: Please continue now, hurt is already done and i have to buy but cheaper  

[noobtrader]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit seller, and why did  build up that 8000BTC bid wall @380....
and why didn´t he slowly sell out over all exchanges distributed.
he also could have sold on Bitfinex @ 360 when they had around 10-12k down to 300$
I don´t think that someone with that much BTC suddenly decides to panic when it goes from 350 to 310$
Sorry but your explanation is highly unlikely.

Hm if someone bought 30 000btc for 1000$, this might not be a pro. And maybe he don't trusts other exchanges. I don't know. 50 for a further decraise and 50 for a raise. Like always

hmmm hacker ?

[bitebits]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

sell and buy a 10 room mansion and get 9 wives

I can understand 10 rooms, but who the f needs 9 wives?

One for each room.

[noobtrader]

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is a joke, rigged market and being openly manipulated. Your asset will be more depreciated by your action than your gain in the medium/long term.

PS: Please continue now, hurt is already done and i have to buy but cheaper  

you do realize that this mr manipulator could be paid by bankster ?

[podyx]

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is still a really small market with huge potential upside and that it can get fucked over by anybody with a little bit of money

PS: Please continue now, hurt is already done and i have to buy but cheaper  

fixed that for ya