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

[ChartBuddy]

[1714584330]

1714584330

[1714584330]

1714584330

[1714584330]

1714584330

[rocks]

So someone wants to unload huge coinage and is propping up buy side to pick off anything offered above his fake walls? Since gox has usd delays he can bleed it out slowly over two weeks. I've been scratching my head at this market for days now and can only come up with this.

You have a point here. Eyes often glued on clarkmoody, that strategy makes sense, previous support at 100 was removed just before passing it. Lets see how the walls at 95 act.

Those fake buy walls are actually a huge risk for the wall owner.  He thinks he's just propping up the price for his smaller sells, but if another whale wants to cash out, he can easily sell into them and the wall owner will be stuck with 3K extra coins that he can't unload.

There's whales, and there's leviathan.  Now that Bitcoin is a currency, it is fair game for the Federal Reserve to toy with as well.

Not true.

The FED would require themselves to own a large number of BTC in order to influence the price either up or down. To do that they would have to buy a large number of BTC from the general populace.

This is the exact opposite situation with FIAT, where the FED "coordinates" actions with other central banks and do not have to actually own a foreign currency in order to manipulate the price. Instead they just do swaps with other governments.

Today the FED have no BTC, so they can not affect the price. For them to get enough would require such a large buy  that the price would skyrocket....

[N12]

Look at all those delicious bids. Time to lock in the dirty fiat millions of profits.

[nmersulypnem]

2.5K out the door.

[barbs]

Holy moley 3k+ Dump!!

[QuestionAuthority]

Today is going to be awful expensive for some.

[Jaroslaw]

Holy moley 3k+ Dump!!

Its me

[Jozzaboy]

Today is going to be awful expensive for some.

Only the professional traders. Those who have bought and held, don't really give a damn about the dollar equivalent value, are enjoying a beer beside the pool. Life is too short to worry about short term price changes.

[N12]

Look at all those juicy bids.

[nmersulypnem]

There are only two types of whales on Gox now.

1.  Whales who are trying to buy cheap to move coins out and cash out on another exchange (driving up the Gox / other spread).
2.  Whales who are selling now to do #1 next week when, they hope, the spread will be lower.

Prediction:  Spread will increase.  Price will go down on all exchanges, but more on non-Gox.

[naima53]

http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
 
If no one has published it.

https://bitcointalk.org/index.php?topic=29698.msg2605938#msg2605938

We have to wait for their response, perhaps stuffing Journalists (lie).

[wonkytonky]

http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
 
If no one has published it.

never liked btce anyways

[Jaroslaw]

its time to make shitstorm, dumping in progress

[N12]

Look at all those juicy bids.

Someone just did. Juicy juicy.

Time for some music to go along with it: https://www.youtube.com/watch?v=A7TuFy0fcuw&hd=1

[naima53]

its time to make shitstorm, dumping in progress

shitstorm in(at) the initial stage, will take at least a year that would be bull back on the market now. History repeats itself.

[MAbtc]

Hello, 94!

[N12]

Cheap USD. Only 0.0105 BTC per USD. Time to buy Dollars.

[ChartBuddy]

[QuestionAuthority]

https://forum.litecoin.net/index.php?topic=4544.0 this was discussed before

[niothor]

Look at all those juicy bids.

Someone just did. Juicy juicy.

Time for some music to go along with it: https://www.youtube.com/watch?v=A7TuFy0fcuw&hd=1

I don't know why but that avatar of yours changed you into a bear a despicable one