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realr0ach
Sr. Member
 Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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February 01, 2018, 01:04:24 PM |
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2000 BTC wall @9500
2000 BTC Wall splits:
1000@9300
1000@8500
He's not called "the Bitfinex spoofer" for nothing. This entire market is nothing but a fraud orchestrated by that one single entity on Bitfinex. It's been like that FOREVER, since the price was $200, and then they introduced TETHERS on top of that to make it fraud^2. I'm not sure how this entity has not been hunted down by a govt agency yet. One plausible scenario is that it's a govt sanctioned entity like the ESF doing it. In the GATA archives, it came out that the govt attempted to create massive volatility in metals on purpose to make the general public think they weren't a stable store of value or something, so they could be doing the same thing in bitcoin - orchestrating pump and dumps on purpose. Other people believe this entity is just a Chinese pump and dumper named "Zhao Dong". |
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Lopumbo
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February 01, 2018, 01:07:22 PM |
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Check out GDAX. 2% of the volume (just to be generous). Right now 70 million USD of BTC can be sold down to 7000 USD/BTC.
correct Multiply that by about 50, and you get 3.5 billion USD of Bitcoin, more than 2 billion.
No it doesn't work that way. There are 1-2 leading exchanges and the rest follows through arbitrage. If Bitfinex or GDAX dumps hard, every exchange would dump. |
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ccminer.net
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February 01, 2018, 01:09:07 PM |
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Please pardon my ignorance but could you explain how to read these plots thx |
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conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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February 01, 2018, 01:12:12 PM |
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Please pardon my ignorance but could you explain how to read these plots thx Go to the linked website. The curves on the left represent bids on the major exchanges (notice quantity by price on the scales). The curves on the right the amounts on bitcoins for sale on the same exchanges according the price. |
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mymenace
Legendary
Offline
Activity: 1596
Merit: 1061
Smile
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February 01, 2018, 01:16:27 PM |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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February 01, 2018, 01:16:59 PM |
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Go to the linked website. The curves on the left represent bids on the major exchanges (notice quantity by price on the scales). The curves on the right the amounts on bitcoins for sale on the same exchanges according the price.
You forgot to tell him that when whales want to dump, they stack the bid side to feign buy support, then have bots auto-remove the bids when the dumps get close. Looking at walls is mostly useless besides determining what the Bitfinex spoofer is doing, or what he's trying to manipulate people into thinking. |
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rezurect007
Jr. Member
Offline
Activity: 70
Merit: 7
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February 01, 2018, 01:24:26 PM |
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Wall is pulled completely:  Note: Walls keeps popping up and disappearing |
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mike4001
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February 01, 2018, 01:27:12 PM |
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Well
I predicted it several times and most people said bitcoin will rise soon.
... lol
We won't fall down to 0 of course, but don't epect anything over 10-12k before 2020.
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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February 01, 2018, 01:31:01 PM |
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The problem with merit is it doesn't account for the amount of bad posts that someone makes. Someone could make some good posts to get merit but also make tons of bad posts. To fix this problem we would either need demerits or to display to a merit-to-post-count ratio.
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vroom
Sr. Member
Offline
Activity: 927
Merit: 347
a Cray can run an endless loop in under 4 hours
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February 01, 2018, 01:37:03 PM |
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the I predicted it several times people are coming...
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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February 01, 2018, 01:37:07 PM |
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The problem with merit is it doesn't account for the amount of bad posts that someone makes. Someone could make some good posts to get merit but also make tons of bad posts. To fix this problem we would either need demerits or to display to a merit-to-post-count ratio.
Stop shilling for unsound digital craptocurrencies and #releasethememo.  |
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Karartma1
Legendary
Offline
Activity: 2002
Merit: 1229
Be Revolutionary Or Die Trying
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February 01, 2018, 01:40:19 PM
Last edit: February 01, 2018, 04:50:19 PM by Karartma1 |
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snip
I miss Jimbo's posts. This thread now is a bear tavern. Let the man rest and have fun on his vacation. He deserved it. About your comment: don't get fooled. This is and will always be the most bullish thread of the entire house! ETH always the best performance  By the way, ETH Flippening watch +69,2% snip Go back to your Ethereal cave. (Where are dMerits when one needs them?) |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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February 01, 2018, 01:43:56 PM |
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itll rebound a little after filling that stupid wall
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Dakustaking76
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February 01, 2018, 01:44:22 PM |
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Can someone explain Why are we again falling down?
Is it beceause of the fud? Panic?
What fud came out? Ore there ja Just a big sell wall??
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bikerleszno
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February 01, 2018, 01:46:40 PM |
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Well
I predicted it several times and most people said bitcoin will rise soon.
... lol
We won't fall down to 0 of course, but don't epect anything over 10-12k before 2020.
LOL Funny  |
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UnDerDoG81
Legendary
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Activity: 1663
Merit: 1031
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February 01, 2018, 01:52:57 PM |
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Thats sad, what a mess. The sadest thing is, I feel like there was no bloodbath yet  |
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hisslyness
Member
Offline
Activity: 159
Merit: 33
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February 01, 2018, 01:56:46 PM |
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This is bullshit.. i just watched a 1000 BTC buy-wall get sold out in 2 secs?? wtf?
EDIT: at $9300 on bitfinex
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rezurect007
Jr. Member
Offline
Activity: 70
Merit: 7
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February 01, 2018, 01:59:23 PM |
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Wall is pulled completely: Note: Walls keeps popping up and disappearing 1000 BTC Wall retreats to 9200  |
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