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

[YourMother]

I'm having a really hard time shorting this garbage because BitStampede stopped auto-updating the buy/sell order lists. I have to refresh the page if i want to see the newly added ones. (happens in both chrome and firefox). Someone please tell Nijec Cedric to stop fapping and get down to this rigged business asap.

[ChartBuddy]

Coin
Explanation

[damiano]

It would awesome if the wall from 220-224 moved up a bit

[NotLambchop]

...
It is not compatible. I don't give a shit about that article, or the concept of velocity of money. I have written about that numerous times. Although it can be computed, giving a number, the parameter says exactly nothing of the value of money.

>says exactly nothing of the value of money

To you.  You're just not very knowledgeable about money stuff is all.  That's OK tho, you might be good at sports.

[luckygenough56]

BORED

[tarmi]

It would awesome if the wall from 220-224 moved up a bit

they will move once we start to eat them.

with love,

bears

[Erdogan]

1) Holders: I want to sell! I want to sell! I want to sell! Just waiting for the bids to curl up just under the current price.  After a sell, next holder: Fuck, now it takes ages before the bids build up again. Can't wait any longer, selling too!

2) Non holders: I want to buy, but will someone immediately dump? Have to wait until it quiets down. Maybe now? Dipping my toe in, buying just a small amount. And another buyer, and another one, and another one. Oh fuck, someone sold a small amount! Back to 1)

[damiano]

It would awesome if the wall from 220-224 moved up a bit

they will move once we start to eat them.

with love,

bears

Bears have been avoiding that wall for a while

[GaliX]

It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

[tarmi]

It would awesome if the wall from 220-224 moved up a bit

they will move once we start to eat them.

with love,

bears

Bears have been avoiding that wall for a while

yes, because it is our wall obviously.

[damiano]

It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions

[tarmi]

It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions

but we opened our positions in the 300 range. 

[podyx]

thaat stamp and finex bidside doe

[damiano]

It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions

but we opened our positions in the 300 range. 

There's plenty that opened up around 228-240 as well.

[tarmi]

It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions

but we opened our positions in the 300 range. 

There's plenty that opened up around 228-240 as well.

2k is plenty these days?

[damiano]

It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions

but we opened our positions in the 300 range. 

There's plenty that opened up around 228-240 as well.

2k is plenty these days?

I'm not only speaking of bitfinex.

[bassclef]

http://podcast.runtogold.com/2015/01/btck-128-2015-01-24/

Starting @ 7:00, this is Tony Gallippi of BitPay... The whole podcast is worth a listen, but this part stands out:

We manage a treasury of bitcoins, dollars, euros, Canadian [dollars], and pounds. Constantly we're managing our portfolio to make sure we have enough of each currency, so we are always in the markets trading... It's interesting today in the markets, I would say a year ago, or maybe a year and a half ago, the markets did not have enough liquidity. We couldn't have sold a million dollars worth of Bitcoin in a day without dramatically moving the markets. But things have changed. There's a lot more participants now. We can move a million dollars a day and you wouldn't even notice that we're trading just because there's a lot more volume and more buyers and sellers in the market.

We also have a lot of hedge funds that want to accumulate Bitcoin positions, so when we have these huge spikes we also have some off-market opportunities to sell those. You'd be surprised at how many Wall Street firms are starting to accumulate Bitcoin positions that aren't talking about Bitcoin yet. There's a lot going on behind the scenes, as well as some private family wealth funds and things like that.

[damiano]

mmmm hedge funds

http://podcast.runtogold.com/2015/01/btck-128-2015-01-24/

Starting @ 7:00, this is Tony Gallippi of BitPay... The whole podcast is worth a listen, but this part stands out:

We manage a treasury of bitcoins, dollars, euros, Canadian [dollars], and pounds. Constantly we're managing our portfolio to make sure we have enough of each currency, so we are always in the markets trading... It's interesting today in the markets, I would say a year ago, or maybe a year and a half ago, the markets did not have enough liquidity. We couldn't have sold a million dollars worth of Bitcoin in a day without dramatically moving the markets. But things have changed. There's a lot more participants now. We can move a million dollars a day and you wouldn't even notice that we're trading just because there's a lot more volume and more buyers and sellers in the market.

We also have a lot of hedge funds that want to accumulate Bitcoin positions, so when we have these huge spikes we also have some off-market opportunities to sell those. You'd be surprised at how many Wall Street firms are starting to accumulate Bitcoin positions that aren't talking about Bitcoin yet. There's a lot going on behind the scenes, as well as some private family wealth funds and things like that.

[inca]

Shorts up to over 15k on bfxdata.

Juicy bid side on finex.

Fireworks soon.

[inca]

http://podcast.runtogold.com/2015/01/btck-128-2015-01-24/

Starting @ 7:00, this is Tony Gallippi of BitPay... The whole podcast is worth a listen, but this part stands out:

(quote author=Tony Gallippi)
We manage a treasury of bitcoins, dollars, euros, Canadian [dollars], and pounds. Constantly we're managing our portfolio to make sure we have enough of each currency, so we are always in the markets trading... It's interesting today in the markets, I would say a year ago, or maybe a year and a half ago, the markets did not have enough liquidity. We couldn't have sold a million dollars worth of Bitcoin in a day without dramatically moving the markets. But things have changed. There's a lot more participants now. We can move a million dollars a day and you wouldn't even notice that we're trading just because there's a lot more volume and more buyers and sellers in the market.

We also have a lot of hedge funds that want to accumulate Bitcoin positions, so when we have these huge spikes we also have some off-market opportunities to sell those. You'd be surprised at how many Wall Street firms are starting to accumulate Bitcoin positions that aren't talking about Bitcoin yet. There's a lot going on behind the scenes, as well as some private family wealth funds and things like that.

But but but bitcoin is doomed. :p