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

[mymenace]

recent news from an experienced trader i follow

...."observing an increased volume activity among all the biggest bitcoin exchanges, this let me think that bitcoin is probably accumulating to later break the trading range and move above $250."....
https://btctrading.wordpress.com/2015/10/06/long-term-update-again-on-volatility/


hope it helps anyone

Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.

To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".

thanks for the tip

[1715666893]

1715666893

[peonminer]

Coin
Explanation

[Cconvert2G36]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[Cconvert2G36]

Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.

To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".

Exhibit H:

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[mr angry]

recent news from an experienced trader i follow

...."observing an increased volume activity among all the biggest bitcoin exchanges, this let me think that bitcoin is probably accumulating to later break the trading range and move above $250."....
https://btctrading.wordpress.com/2015/10/06/long-term-update-again-on-volatility/


hope it helps anyone

Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.

To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".

For the last two nights I watched about 6k coins quickly thrown into a 25 Bitcoin wall at the quietest time possible on Bitstamp. The price barely moved by a dollar. Apart from that the volume was almost none-existent. It's funny how it happened when most people were sleeping. Exchanges faking volume makes me so angry. 

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

recent news from an experienced trader i follow

...."observing an increased volume activity among all the biggest bitcoin exchanges, this let me think that bitcoin is probably accumulating to later break the trading range and move above $250."....
https://btctrading.wordpress.com/2015/10/06/long-term-update-again-on-volatility/


hope it helps anyone

Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.

To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".

For the last two nights I watched about 6k coins quickly thrown into a 25 Bitcoin wall at the quietest time possible on Bitstamp. The price barely moved by a dollar. Apart from that the volume was almost none-existent. It's funny how it happened when most people were sleeping. Exchanges faking volume makes me so angry. 

The bots have us all propped up. Can't beat the machines.

[Fatman3001]

recent news from an experienced trader i follow

...."observing an increased volume activity among all the biggest bitcoin exchanges, this let me think that bitcoin is probably accumulating to later break the trading range and move above $250."....
https://btctrading.wordpress.com/2015/10/06/long-term-update-again-on-volatility/


hope it helps anyone

Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.

To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".

For the last two nights I watched about 6k coins quickly thrown into a 25 Bitcoin wall at the quietest time possible on Bitstamp. The price barely moved by a dollar. Apart from that the volume was almost none-existent. It's funny how it happened when most people were sleeping. Exchanges faking volume makes me so angry. 

The bots have us all propped up. Can't beat the machines.

[ChartBuddy]

Coin
Explanation

[Fiat_Hodler]

recent news from an experienced trader i follow

...."observing an increased volume activity among all the biggest bitcoin exchanges, this let me think that bitcoin is probably accumulating to later break the trading range and move above $250."....
https://btctrading.wordpress.com/2015/10/06/long-term-update-again-on-volatility/


hope it helps anyone

Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.

To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".

For the last two nights I watched about 6k coins quickly thrown into a 25 Bitcoin wall at the quietest time possible on Bitstamp. The price barely moved by a dollar. Apart from that the volume was almost none-existent. It's funny how it happened when most people were sleeping. Exchanges faking volume makes me so angry. 

I posted and made threads about this activity occurring on bitstamp but my threads were quickly shutdown or moved to other parts of the forum where they will not be seen by most people.

Very sad that censorship is occurring in such cases. Will be interesting to see what happens if gemini takes a large market share from the scam exchanges that engage in fraudulent and suspicious behavior.

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

For the last two nights I watched about 6k coins quickly thrown into a 25 Bitcoin wall at the quietest time possible on Bitstamp. The price barely moved by a dollar. Apart from that the volume was almost none-existent. It's funny how it happened when most people were sleeping. Exchanges faking volume makes me so angry. 

These strange megatrades that do not move the price started maybe a week or two ago on OKCoin, then Huobi started soing that too.  Now Bitstamp too?

A few hirs ago I noticed on OKCoin that, during those spikes,a huge wall - thouands of coins - appears briefly on the ask side, at about the current market price, and is then promptly and entirely eaten.

Perhaps someone should ask the OKCoin and/or Huobi guys about those trades?

IIRC, some Chinese exchange announced a while ago that they were implementing a "shadow book" visible only to (ceertain?) clients.  Perhaps those huge volume spikes are shadow book trades, that the exchanges now started showing on the ordinary chart in order to boost their volume numbers.

[ChartBuddy]

Coin
Explanation

[Terwa]

All exchanges have false volume , but you can see how services like localbitcoin also have increased

[gentlemand]

Will be interesting to see what happens if gemini takes a large market share from the scam exchanges that engage in fraudulent and suspicious behavior.

Maybe they'll have to recruit a couple of special friends to turn up the volume to stop themselves from looking like dick heads. Life is quiet at present.