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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 26370287 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.)
Frozenlock
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June 25, 2013, 03:47:12 AM
 #18641

50 BTC moves the market 5 bucks :-)

Looks like bull and bear sentiment is diverging -- some whales REALLY think we're going up, some REALLY think we are going down.  I don't believe a single player is manipulating both sides -- too expensive

Really a move like this should too expensive for anything.

We can't rely on logic here gentlemen.  Cheesy
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ShroomsKit
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June 25, 2013, 03:48:27 AM
 #18642

This has to be bot action. Who's gonna do this manually with 1000's of coins within seconds with 15 seconds gox lag.

Either way, i bet someone lost a lot of money.
oakpacific
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June 25, 2013, 03:48:56 AM
 #18643

50 BTC moves the market 5 bucks :-)

Looks like bull and bear sentiment is diverging -- some whales REALLY think we're going up, some REALLY think we are going down.  I don't believe a single player is manipulating both sides -- too expensive

Agreed. And both too dumb/panicky to drip feed their orders and save a load of money.

I suspect someone maybe using Gox as a escrowing agent, since they can't trust anyone else with such large sum of money....
derpinheimer
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June 25, 2013, 03:49:53 AM
 #18644

This has to be bot action. Who's gonna do this manually with 1000's of coins within seconds with 15 seconds gox lag.

I cant see bots being trusted with this much money, and if they were, they wouldnt be so stupid.

This is rich guys clicking buttons.

Also bidders seem to be having a price war with each other while the asks cease to build at any significant rate.

3k on 103.

I cant believe there is this much money ready to move on Gox. Seriously, wtf?

11k on 100....

...

....  Huh
ShroomsKit
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June 25, 2013, 03:50:59 AM
 #18645

And we're back at 103. Like nothing happened. That was weird.
derpinheimer
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June 25, 2013, 03:52:31 AM
 #18646

If the bears push us thru 100, we are in BIIIIIIG trouble.
Cablez
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June 25, 2013, 03:53:42 AM
 #18647

The bid side all the way to 102 is getting heavy.
Abandon
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June 25, 2013, 03:54:03 AM
 #18648

And we're back at 103. Like nothing happened. That was weird.

Just wait, the next spike will be to 120 or higher!
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June 25, 2013, 03:54:16 AM
 #18649

I wonder what the price would be without all this manipulation the last month or so. Just natural buying and selling.
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June 25, 2013, 03:55:06 AM
 #18650

Are we really calling these guys whales at $1500-$5000??

You mean 1500 - 5000 coins right? If so, yes.
derpinheimer
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June 25, 2013, 03:56:04 AM
 #18651

I wonder what the price would be without all this manipulation the last month or so. Just natural buying and selling.

A lot, lot lower.

I'd say a whale is 5k+

I suppose some might say 1millUSD/coin price but I think half a mill is sufficient for the tag Tongue+
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June 25, 2013, 03:56:26 AM
 #18652

And we're back at 103. Like nothing happened. That was weird.

Just wait, the next spike will be to 120 or higher!

Why?
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June 25, 2013, 03:56:43 AM
 #18653

Are we really calling these guys whales at $1500-$5000??

 Huh over 40k coins changed hands.  That's $4 million bucks
Frozenlock
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June 25, 2013, 03:57:05 AM
 #18654

Those thousands coins bids/asks.... seems legit.  Roll Eyes
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June 25, 2013, 03:57:17 AM
 #18655

Are we really calling these guys whales at $1500-$5000??

You mean 1500 - 5000 coins right? If so, yes.

Yeah I read that post wrong.
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June 25, 2013, 03:58:04 AM
 #18656

It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
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June 25, 2013, 03:59:48 AM
 #18657

lucas.sev
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June 25, 2013, 04:00:33 AM
 #18658

It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

Just screams fake support.
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June 25, 2013, 04:00:41 AM
 #18659

Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...
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June 25, 2013, 04:01:01 AM
 #18660

It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?
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