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

[JayJuanGee]

Excuse me for interrupting with a wall observation but the 416 coin ask wall at Stamp caught my attention. Seems someone really wants to keep the price under $1200.

Eaten or pulled?

It is getting eaten now. Very exciting to watch.

Yeah.

It's only got a few minutes left in it's life, so it can choose to survive by getting pulled.. but if not, it is going to get eaten.... Down to about 300 coins, as I type (and the last 160 coins were eaten in a few minutes)...


Edit:  As I was typing, it got pulled.

[1715640284]

1715640284

[1715640284]

1715640284

[1715640284]

1715640284

[1715640284]

1715640284

[JimboToronto]

Excuse me for interrupting with a wall observation but the 416 coin ask wall at Stamp caught my attention. Seems someone really wants to keep the price under $1200.

Eaten or pulled?

It is getting eaten now. Very exciting to watch.

The slightly lower one was pulled after being partially eaten.

The slightly higher one was partially eaten and the moved up a notch.

Entertaining indeed.

Pulled while typing.

Edit: Seems they were just intimidation walls and like most bullies, they were cowards.

Push back and they go running home crying to mommy.

Edit: Lawl. Back again, this time a pair of 300 coin walls. 

Walls just dancing in and out.

[JayJuanGee]

Excuse me for interrupting with a wall observation but the 416 coin ask wall at Stamp caught my attention. Seems someone really wants to keep the price under $1200.

Eaten or pulled?

It is getting eaten now. Very exciting to watch.

The slightly lower one was pulled after being partially eaten.

The slightly higher one was partially eaten and the moved up a notch.

Entertaining indeed.

Pulled while typing.

Edit: Seems they were just intimidation walls and like most bullies, they were cowards.

Push back and they go running home crying to mommy.

Edit: Lawl. Back again, this time a pair of 300 coin walls.  

Walls just dancing in and out.

Yep...

There was another wall at $1196.77 - started out with 527 coins, and then 92 coins were eaten in a matter of minutes, which left 323 coins.  Those coins were then pulled...  and moved to $1,298.08.

I think that they are going to get eaten, within the coming hours... but really it is not easy to know how many coins each of these whales have and whether they are going to be able to hold off an upward breach of $1,200  - within the next several hours...   I'm kind of thinking that the odds for breaking upwards is pretty decent....

Anyone differ?


Edit:  now it looks like the 323 guy might have stacked his coins behind another 100 coins at $1198.13. 

It is like he would prefer the coins of other people to get eaten first... hahahahahaha


It would be nice to see the totality of the 423 coins to be eaten all at once, so that the 323 guy does not have another chance to pull his coins... but that may just be wishful thinking on my behalf.

[gonzx]

I wonder why btcchina and okcoin cny are low ( arround 7200 cny / 1050 usd ). If these markets dont go up I think other markets cant go up to 1300.

[Biodom]

I wonder why btcchina and okcoin cny are low ( arround 7200 cny / 1050 usd ). If these markets dont go up I think other markets cant go up to 1300.

because PBOC. No free btc withdrawal there.

[JayJuanGee]

I wonder why btcchina and okcoin cny are low ( arround 7200 cny / 1050 usd ). If these markets dont go up I think other markets cant go up to 1300.

It does not matter if there are price difference that exist in various locations. 

When the price decides to move up, for example, those other exchanges (even in china) will likely move up too - whether the arbitrage spread continues to be in the 10% to 15% territory or if it becomes a different amount is another story.  These situations are not locked in, and one part of the world does not control bitcoin prices, even if there can exist some causes and effects and some price pressures in one direction or another because of those kinds of dynamics that you mention.

[gonzx]

I wonder why btcchina and okcoin cny are low ( arround 7200 cny / 1050 usd ). If these markets dont go up I think other markets cant go up to 1300.

because PBOC. No free btc withdrawal there.

Mmmm ok but it cant justificate it, is another thing. Simply I think there are no demand to push up the price up to 1200 in these markets, and it can cause a drop on other markets probably. ( sorry if my english is not 100% correct ).

I wonder why btcchina and okcoin cny are low ( arround 7200 cny / 1050 usd ). If these markets dont go up I think other markets cant go up to 1300.

It does not matter if there are price difference that exist in various locations. 

When the price decides to move up, for example, those other exchanges (even in china) will likely move up too - whether the arbitrage spread continues to be in the 10% to 15% territory or if it becomes a different amount is another story.  These situations are not locked in, and one part of the world does not control bitcoin prices, even if there can exist some causes and effects and some price pressures in one direction or another because of those kinds of dynamics that you mention.

I know that but it is precisely what has not just happened. The price did not rise to the par of the other exchanges and it stopped in 1030 - 1050 when it always was to the pair more or less.

[Meuh6879]

...even not asking a commission.

[explorer]

What do you think? Magic unicorns moving the market?

Shit, he's on to us. But you can't prove it, because the unicorns are invisible. And also pink.

Why you are busting my balls? First I was Kwuckduck, now I am matthecat Who's next? Jihan Wu? 

I thought they were calling you NLC...  But I don't lurk in this thread much these days.

[Ted E. Bare]

What do you think? Magic unicorns moving the market?

Shit, he's on to us. But you can't prove it, because the unicorns are invisible. And also pink.

Why you are busting my balls? First I was Kwuckduck, now I am matthecat Who's next? Jihan Wu? 

I thought they were calling you NLC...  But I don't lurk in this thread much these days.

Those are not the most flattering comparisons.

[gembitz]

Excuse me for interrupting with a wall observation but the 416 coin ask wall at Stamp caught my attention. Seems someone really wants to keep the price under $1200.

Eaten or pulled?

It is getting eaten now. Very exciting to watch.

The slightly lower one was pulled after being partially eaten.

The slightly higher one was partially eaten and the moved up a notch.

Entertaining indeed.

Pulled while typing.

Edit: Seems they were just intimidation walls and like most bullies, they were cowards.

Push back and they go running home crying to mommy.

Edit: Lawl. Back again, this time a pair of 300 coin walls. 

Walls just dancing in and out.

^keep calm ~ buyers keep buying..cryptolocker has not been mentioned lately hmmm ;-D i bet they are banking!!! lol

[rpietila]

Crypto Kingdom has some arbitrage opportunities. Currently:

1 BTC = 3446 EUR
1 XMR = 50 EUR.

More links in this post.

[gembitz]

Crypto Kingdom has some arbitrage opportunities. Currently:

1 BTC = 3446 EUR
1 XMR = 50 EUR.

More links in this post.

^sup fool! ~ you are back! :-D loooong time ==r we going /\$1337 now?

[rpietila]

Crypto Kingdom has some arbitrage opportunities. Currently:

1 BTC = 3446 EUR
1 XMR = 50 EUR.

More links in this post.

^sup fool! ~ you are back! :-D loooong time ==r we going /\$1337 now?

Yeah I had mentioned that CK is worth $100 million and the place was split in 2: some people believed me and sold all their deposhares (BTC, XMR) and the others sold all their CK currency (Markka)

Because of this I needed to fix the EUR to be 10,000*Markka (we did not want to lose the players), which also gives a nice opportunity for real gains from BTC/XMR.

And despite that sudden flash in the pan with alts usually ends up in a crash, let it be notified that here it does not, because CK has currency reserves that are automatically used to guarantee its markets:

25,168.57 XMR
273,576 EUR
150.918 BTC

That's about a million dollars dude, much more in reserves than BTC ever has..

[JayJuanGee]

Excuse me for interrupting with a wall observation but the 416 coin ask wall at Stamp caught my attention. Seems someone really wants to keep the price under $1200.

Eaten or pulled?

It is getting eaten now. Very exciting to watch.

The slightly lower one was pulled after being partially eaten.

The slightly higher one was partially eaten and the moved up a notch.

Entertaining indeed.

Pulled while typing.

Edit: Seems they were just intimidation walls and like most bullies, they were cowards.

Push back and they go running home crying to mommy.

Edit: Lawl. Back again, this time a pair of 300 coin walls.  

Walls just dancing in and out.

Yep...

There was another wall at $1196.77 - started out with 527 coins, and then 92 coins were eaten in a matter of minutes, which left 323 coins.  Those coins were then pulled...  and moved to $1,298.08.

I think that they are going to get eaten, within the coming hours... but really it is not easy to know how many coins each of these whales have and whether they are going to be able to hold off an upward breach of $1,200  - within the next several hours...   I'm kind of thinking that the odds for breaking upwards is pretty decent....

Anyone differ?


Edit:  now it looks like the 323 guy might have stacked his coins behind another 100 coins at $1198.13.  

It is like he would prefer the coins of other people to get eaten first... hahahahahaha


It would be nice to see the totality of the 423 coins to be eaten all at once, so that the 323 guy does not have another chance to pull his coins... but that may just be wishful thinking on my behalf.

I'm quoting myself.. hahahahaha


O.k.  at this time, there are about 1,000 coins on Stamp to get us to break $1,200 -   Are we breaking $1,200 in the next 24 hours?  or at least some time over the weekend?  or by monday?   I have some difficulty believing that prices would be able to bounce around in a $1,170 to $1,195 arena until monday..... so something has got to happen, before monday, no?  One way or another.. which way?  Up or down, right?   Not sideways, right?  Something tells me that if there are several tries, and not able to break upwards, then    we be going dee udder direction.

[gentlemand]

https://www.reddit.com/r/BitcoinMarkets/comments/63zqms/ifinex_inc_bitfinex_et_al_v_wells_fargo_company/

More here about the Bitfinex law suit. It looks like Wells Fargo is fucking with them at an international clearing level which is rather more fundamental than just their own individual accounts.

Let's hope this gets resolved rapidly. I'm surprised it hasn't happened an awful lot earlier. They must groan every time they handle one of their wires.

[gembitz]

https://www.reddit.com/r/BitcoinMarkets/comments/63zqms/ifinex_inc_bitfinex_et_al_v_wells_fargo_company/

More here about the Bitfinex law suit. It looks like Wells Fargo is fucking with them at an international clearing level which is rather more fundamental than just their own individual accounts.

Let's hope this gets resolved rapidly. I'm surprised it hasn't happened an awful lot earlier. They must groan every time they handle one of their wires.

^looks like TETHER(eth scam token) is getting scrutiny for circumvention of existing wire transfer laws! *all eth tokens are scams it seems!~jmho

[Killerpotleaf]

https://www.reddit.com/r/BitcoinMarkets/comments/63zqms/ifinex_inc_bitfinex_et_al_v_wells_fargo_company/

More here about the Bitfinex law suit. It looks like Wells Fargo is fucking with them at an international clearing level which is rather more fundamental than just their own individual accounts.

Let's hope this gets resolved rapidly. I'm surprised it hasn't happened an awful lot earlier. They must groan every time they handle one of their wires.

^looks like TETHER(eth scam token) is getting scrutiny for circumvention of existing wire transfer laws! *all eth tokens are scams it seems!~jmho

tether is an OMNI token aka Bitcon Blockchain asset isn't? ( yes bitcoin's blockchain has an asset layer, you didnt know?   )

[suzanne5223]

Excuse me for interrupting with a wall observation but the 416 coin ask wall at Stamp caught my attention. Seems someone really wants to keep the price under $1200.

Eaten or pulled?

It is getting eaten now. Very exciting to watch.

The slightly lower one was pulled after being partially eaten.

The slightly higher one was partially eaten and the moved up a notch.

Entertaining indeed.

Pulled while typing.

Edit: Seems they were just intimidation walls and like most bullies, they were cowards.

Push back and they go running home crying to mommy.

Edit: Lawl. Back again, this time a pair of 300 coin walls.  

Walls just dancing in and out.

Yep...

There was another wall at $1196.77 - started out with 527 coins, and then 92 coins were eaten in a matter of minutes, which left 323 coins.  Those coins were then pulled...  and moved to $1,298.08.

I think that they are going to get eaten, within the coming hours... but really it is not easy to know how many coins each of these whales have and whether they are going to be able to hold off an upward breach of $1,200  - within the next several hours...   I'm kind of thinking that the odds for breaking upwards is pretty decent....

Anyone differ?


Edit:  now it looks like the 323 guy might have stacked his coins behind another 100 coins at $1198.13.  

It is like he would prefer the coins of other people to get eaten first... hahahahahaha


It would be nice to see the totality of the 423 coins to be eaten all at once, so that the 323 guy does not have another chance to pull his coins... but that may just be wishful thinking on my behalf.

I'm quoting myself.. hahahahaha


O.k.  at this time, there are about 1,000 coins on Stamp to get us to break $1,200 -   Are we breaking $1,200 in the next 24 hours?  or at least some time over the weekend?  or by monday?   I have some difficulty believing that prices would be able to bounce around in a $1,170 to $1,195 arena until monday..... so something has got to happen, before monday, no?  One way or another.. which way?  Up or down, right?   Not sideways, right?  Something tells me that if there are several tries, and not able to break upwards, then    we be going dee udder direction.

Yes, we're breaking $1200 in the next 24hours and if we're unable to break the $1200 this weekend. We will break the price next week I'm so sure of it.

[gembitz]

https://www.reddit.com/r/BitcoinMarkets/comments/63zqms/ifinex_inc_bitfinex_et_al_v_wells_fargo_company/

More here about the Bitfinex law suit. It looks like Wells Fargo is fucking with them at an international clearing level which is rather more fundamental than just their own individual accounts.

Let's hope this gets resolved rapidly. I'm surprised it hasn't happened an awful lot earlier. They must groan every time they handle one of their wires.

^looks like TETHER(eth scam token) is getting scrutiny for circumvention of existing wire transfer laws! *all eth tokens are scams it seems!~jmho

tether is an OMNI token aka Bitcon Blockchain asset isn't? ( yes bitcoin's blockchain has an asset layer, you didnt know?   )

^lol MASTERCOIN! ~ even worse boneheads!! :-D

===>

"We recognize that our implementation isn’t perfectly decentralized since Tether Limited must act as a centralized custodian of reserve assets ..." yawnnn

#gembitztokens ~ buy buy buy them!