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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370302 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
zakalwe
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October 05, 2014, 08:44:30 PM

I think we will start chewing into that massive wall if it doesn't get removed sooner or later

Might take a few days though

I'm thinking he might of screwed up. He took it down to the previous ATH when he should have just plowed through it while there was no buy support around it. Maybe he was hoping the market was going to take over. Now it's filling in and going to be more difficult to get it down there.

Not to say... he doesn't have the BTC to still do it or anything like that.


If he leves the wall as soon as get eaten he removes it out at warp speed. Guarantee.
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razibuzouzou
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October 05, 2014, 08:46:16 PM

check coinorama, go to the 1 day chart, some farms went online yesterday/today and broke 500 ph/s o_O

Beware of 1day hashrate chart, it is highly sensitive to luck as it's only ~144 blocks window
(however, a spike definitely occured, at least 10 PH/s)
TooDumbForBitcoin
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October 05, 2014, 08:46:36 PM



No home movies on the forums, please.
blade87
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October 05, 2014, 08:49:06 PM

Guys, we've been in a steep uptrend for a whole 6 hours!

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October 05, 2014, 08:52:13 PM

looks like it stuck at 308  Shocked
Nemesis
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October 05, 2014, 08:53:51 PM

having fun?

 Wink
criptix
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October 05, 2014, 08:55:07 PM

having fun?

 Wink

CCMF


ps: please hold down the price for a few more days please  Kiss
podyx
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October 05, 2014, 08:56:10 PM

having fun?

 Wink

Is it your wall??
AmazonStuff
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October 05, 2014, 08:56:17 PM

What is the probability that this Bitstamp ask wall is made out of Gox stolen coins?
silverfuture
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October 05, 2014, 08:56:44 PM

It would be absolutely hilarious to see that wall get bought up in one fell swoop.
Teppino
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October 05, 2014, 08:56:49 PM

 Longs and shorts are equally going down, i guess the cost of opening them is becoming cheaper too.
If this manipulator trusts stamp enough to let that many coins maybe he left there also the fiat from the constant dumping since August.
With most of leveraging out of the way he can now trust in the success of a strong self made upward impulse with the fiat he have on stamp. This would be a smart move by itself, but he could also exploit the low interest rate for going long on leverage.

could work?

Mervyn_Pumpkinhead
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October 05, 2014, 08:56:54 PM

This is just building up for the real storm.

Currently there are plenty of old adopters that are getting very nervous. Bitcoin has promised them riches worth millions of dollars and it's now all falling apart.
They are starting to realize, how hard would it actually be to liquidate their holdings if they wanted to.
They are starting to see how the market is just too thin for it's publicly proclaimed size. There are a lot of hope for bitcoin to be valued, but there is little actual interest from people to give it value.
They are mostly not educated and experienced in speculative trade, but a big part of them are actually different kinds of criminals or regular people who were just lucky. Most of them didn't even dream to earn this kind of money that they have earned with bitcoin. These people will get very nervous when the truth will start to approach that most of their millions were just empty promises, that were fueled by empty hopes.

Anyway, again, remember that it's all only money and there is no need to do anything drastic if you loose your money. You should treat this place like a casino - it's good fun as entertainment, but it's not smart to build up hopes of easy riches.
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October 05, 2014, 08:56:58 PM

having fun?

 Wink

CCMF


ps: please hold down the price for a few more days please  Kiss


And please don't kill BTC! I can never go back to real world markets after crypto. I mean, I have stocks that I never bother checking because they've changed maybe what, 10% in a few months? Embarrassed
silverfuture
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October 05, 2014, 08:57:30 PM

What is the probability that this Bitstamp ask wall is made out of Gox stolen coins?

It wouldn't be a smart move on the part of the thief.
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October 05, 2014, 08:58:12 PM

A lot of people on Finex are waiting to get cheap coins again...Orderbook bid side got wiped out until 275$ a few hours ago, now there are already 5000+BTC bids again
What happens if they have to chase the price getting higher and higher?





i see you have changed your position lol

This noob became bull at $360
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October 05, 2014, 08:59:00 PM
Last edit: October 05, 2014, 09:14:52 PM by yefi

The spirit of Gox is alive. Lovin it. BTC is alive. Fuckin huge walls, massive swings, trading like a maniac, hell yeah.
Yep, really fun day today.

Walsoraj
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October 05, 2014, 08:59:30 PM

It would be absolutely hilarious to see that wall get bought up in one fell swoop.

Wall owners do have cannibalistic tendencies.  Cheesy Cheesy Cheesy
derpinheimer
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October 05, 2014, 08:59:49 PM



This time it's smaller by 2k
Probably because he dumped some to ignite panic.

He already sold like 7k
Walsoraj
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October 05, 2014, 09:00:35 PM

Does it count as a sale if he sold into his own bids?
derpinheimer
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October 05, 2014, 09:00:41 PM

I think we will start chewing into that massive wall if it doesn't get removed sooner or later

Might take a few days though
That wall want be there once new fiat arrives on the exchange

Desperate bull.
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