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

[Fatman3001]

I see a fairly decent sized wall, and no one is talking about it here. Now I have the sad.

Edit: Wall shrinks

Yeah, Bitfinex wall grew from 1.5k to 4.5k, then shrank back. But it was enough to make me close my long at a tiny loss (slippage and fees).
Let someone else attack that wall with force, then maybe I'll take a little bite too. I was expecting a little pump, but with low volume a 4.5k ask wall should hold.

Now it's turning into a stairway.

Am E+ C D F G Am

[bobabouey2]

Kudos to Gavin:

https://twitter.com/gavinandresen/with_replies

Jerry Brito ‏@jerrybrito  4h4 hours ago
@gavinandresen Are you still certain beyond a reasonable doubt that Craigs Wright is Satoshi?

‏@gavinandresen
@jerrybrito Ask me in six months; I don't trust my own judgement right now after all the drama.

Gavin Andresen ‏@gavinandresen  4h4 hours ago
Today I'm thinking: @aantonop is a very wise man. And: "we are all Satoshi" is such a lovely idea; might say "yes" when asked "are you?"

[marcus_of_augustus]

Ian Grigg is working with R3 banking consortium (with Mike Hearn, etc) ... full guns blazing that Wright is Satoshi. Has R3 given money to Wright?

"So if I am doing a trade with some counterparty, I will be able to check the provenance of that person very clearly because that's what the technology provides; it provides information about who that person is and if we have appropriate systems in place we can get good information on who that person is.

"So it may not need to be a fully controlled walled garden if I trust the source of the information that's coming from the other side. That becomes interesting if you have got, for example, a consortium of banks, or a consortium of companies working together, you can't really do appropriate due diligence on everybody. You'll always know that you are talking to somebody on the other side of the world so you need the information on that person.

"It's not getting into the chain that's the issue, it's finding out who you are talking to. Once you have that, you have the ability to layer different industries together on the same fabric, if you like, and you don't have to worry too much about KYC and AML on the entry point; you do it on the trade point. So there are a range of options here."

[Fatman3001]

Kudos to Gavin:

Gavin Andresen ‏@gavinandresen  4h4 hours ago
Today I'm thinking: @aantonop is a very wise man. And: "we are all Satoshi" is such a lovely idea; might say "yes" when asked "are you?"

Didn't Gavin say in "The Rise and Rise of Bitcoin" that he was in Australia around the time Bitcoin started?

GAVIN IS CRAIG WRIGHT!!!

[JayJuanGee]

Kudos to Gavin:

https://twitter.com/gavinandresen/with_replies

Jerry Brito ‏@jerrybrito  4h4 hours ago
@gavinandresen Are you still certain beyond a reasonable doubt that Craigs Wright is Satoshi?

‏@gavinandresen
@jerrybrito Ask me in six months; I don't trust my own judgement right now after all the drama.

Gavin Andresen ‏@gavinandresen  4h4 hours ago
Today I'm thinking: @aantonop is a very wise man. And: "we are all Satoshi" is such a lovely idea; might say "yes" when asked "are you?"

How do you give Gavin kudos for that level of lameness, non-commitedness (and vagueness) in his response?

[bobabouey2]

Kudos to Gavin:

https://twitter.com/gavinandresen/with_replies

Jerry Brito ‏@jerrybrito  4h4 hours ago
@gavinandresen Are you still certain beyond a reasonable doubt that Craigs Wright is Satoshi?

‏@gavinandresen
@jerrybrito Ask me in six months; I don't trust my own judgement right now after all the drama.

Gavin Andresen ‏@gavinandresen  4h4 hours ago
Today I'm thinking: @aantonop is a very wise man. And: "we are all Satoshi" is such a lovely idea; might say "yes" when asked "are you?"

How do you give Gavin kudos for that level of lameness, non-commitedness (and vagueness) in his response?

He acknowledges he shouldn't have done the London meeting (@aantonop reference), and says he no longer trusts his own judgment.  Not vague at all.  If you lose faith in your judgment, why would it be better to make another judgment call so quickly?

Oh, and being scammed and then publicly humiliated takes a pretty big toll, I think a three day turn-around ain't bad.

Regardless of whether we agree on kudos, I think we can agree it is far better than Matonis, JVP and Grigg.

[JayJuanGee]

Kudos to Gavin:

https://twitter.com/gavinandresen/with_replies

Jerry Brito ‏@jerrybrito  4h4 hours ago
@gavinandresen Are you still certain beyond a reasonable doubt that Craigs Wright is Satoshi?

‏@gavinandresen
@jerrybrito Ask me in six months; I don't trust my own judgement right now after all the drama.

Gavin Andresen ‏@gavinandresen  4h4 hours ago
Today I'm thinking: @aantonop is a very wise man. And: "we are all Satoshi" is such a lovely idea; might say "yes" when asked "are you?"

How do you give Gavin kudos for that level of lameness, non-commitedness (and vagueness) in his response?

He acknowledges he shouldn't have done the London meeting (@aantonop reference), and says he no longer trusts his own judgment.  Not vague at all.  If you lose faith in your judgment, why would it be better to make another judgment call so quickly?

Oh, and being scammed and then publicly humiliated takes a pretty big toll, I think a three day turn-around ain't bad.

Regardless of whether we agree on kudos, I think we can agree it is far better than Matonis, JVP and Grigg.

Ha... o.k.... Fair enough.    You may be correct that what he said is as far as we should expect anyone to go in  a public statement....   Likely, he is receiving a bit more of a public schlogging than he had anticipated.

[marcus_of_augustus]

Winning!

[DaRude]

Walls! I'm seeing ask walls everywhere  damn bears go home

[JayJuanGee]

Walls! I'm seeing ask walls everywhere  damn bears go home

And, some of us were beginning to believe that they were running out of coins.....


So it is beginning to appear that if dee bulls want to get the show on the road, they are going to have to pick up the volume a little bit... otherwise the posturing of dee bears is going to come true... 

[edgar]

i'd love to know who was behind this 'slip-up'

i like to think that this is the straw that broke the camels back...


then theres this.

[r0ach]

The non-aggregate market at work:

There's around 6-8 million dollars in price suppression walls on multiple exchanges coordinated by one entity right now trying to force triangle convergence lower.  Much of it was Bitfinex staggered ask wall going from around 10k btc to 25k btc in a 24 hour period, while the same thing is going on at Bitstamp and BTCE on a more visible level.

The "not so invisible" hand of the market:

[smooth]

Winning!

Impressive ability to write backwards.

[yefi]

If he'd said Web I'd have said Tim Berners-Lee. It's amazing how many people confuse the 2.

I find it pretty shocking that people wouldn't know it was Tim Berners-Lee who invented the web. Maybe I'm growing old...

The 'tulip trust' game is an indication that Craig Wright most probably was a part of the 'Satoshi' group but not among the decision makers.

This would be the Tulip Trust that doesn't exist and is another fabrication by Craig, right?

[Hunyadi]

Someone has huge ask-wall (stairs) @ Finex 

[DaRude]

Someone has huge ask-wall (stairs) @ Finex  

Yeah   those ask stairs can eat the bid side down to $100. Someone wants to cash out big time. Think those walls can only be taken down by the dragon  

[marcus_of_augustus]

Wright butthurt ragequit dump incoming?
He's probably short of a quid or two now his advance fee fraud gig seems to have flopped over.

[DaRude]

Well that just happened BTC1500 ask wall @ $450 on finex was eaten. Finally some volume in the right direction

[DaRude]

As expected coming from the dragon. OKCoin is 11yuan above huboi, haven't seen such spread

[JayJuanGee]

Well that just happened BTC1500 ask wall @ $450 on finex was eaten. Finally some volume in the right direction

That's what I'm talking about too.... hahahahahaha


Similar on Stamp, we got pretty much a 550BTC instant buy at $450 and brings down the current wall to about 600BTC to bring us to $452 ... then smooth sailing thereafter, potentially.

Not out of the question to witness another wall eating.  Situation not resolved, but I'm not complain about bitcoin removal via munch, munch, munch.