infofront (OP)
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Shitcoin Minimalist
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April 16, 2013, 10:32:22 PM
Last edit: November 30, 2019, 07:33:51 PM by infofront Merited by El duderino_ (95), fillippone (82), suchmoon (50), LoyceV (42), vapourminer (11), goldkingcoiner (11), Welsh (10), DaRude (10), bitmover (10), bitserve (6), Krubster (6), klondike_bar (5), bitcoinminer42 (5), amgomez (5), seleme (4), Quickseller (3), Raja_MBZ (3), ImThour (3), bitcoinPsycho (2), DoublerHunter (2), dragonvslinux (2), YourMother (2), Guvn0r (2), cryptjh (2), OgNasty (1), BayAreaCoins (1), JayJuanGee (1), cAPSLOCK (1), LFC_Bitcoin (1), Paashaas (1), Lucius (1), stadus (1), ABCbits (1), Searing (1), Gyrsur (1), HI-TEC99 (1), DarkStar_ (1), actmyname (1), LUCKMCFLY (1), 600watt (1), JSRAW (1), fr4nkthetank (1), sky999 (1), PoolMinor (1), Toxic2040 (1), redsn0w (1), monbux (1), Last of the V8s (1), friends1980 (1), Poker Player (1), HairyMaclairy (1), Blitzboy (1), eXPHorizon (1), DaCryptoRaccoon (1), Cryptotourist (1), VB1001 (1), crypmike (1), rarkenin (1), fluidjax (1), Kylapoiss (1), WeltMaster (1), DirtyKeyboard (1), criptoevangelista (1), kavabanga07 (1), SeeBiscuit (1), dragonvsandroid (1) |
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Wall Observer A free service brought to you by the bitcoin communityWhenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted ) Posting guild lines: Please lets keep this thread clean. ( I will be removing any off topic posts ) Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested) When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com ( This information may be out of date)RecommendationsDo: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you Don't: Be a drama queen
as requested, i have started a new thread. this thread is now a self-moderated topic. I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc. I promise to not delete post simply because i do not agree with the bearish TA. thank you for your input! We needed more regulation around this bitch.
the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments. also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze. there are other threads where speculators can discuss their sentiment, just not here... That 1000+ page thread was getting kinda useless.
thats fine too, I'm looking for quality charts or good TA bearish or bullish. asking good questions example.... Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?  is also welcome here. just don't be posting about your "FEELINGS" and you won't get delete.  Disclaimer: All posts in this thread are for entertainment purposes only. Nothing in this thread should be construed as financial advice. *note: This thread was started by adamstgBit. I took over after he went AWOL.
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Zomdifros
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April 16, 2013, 10:45:39 PM |
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So now we have to stay on topic all of a sudden? Alright, here is a wall pic and I predict the price to reach $1000 before July and $10k before 2014.  |
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adamstgBit
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Trusted Bitcoiner
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looking back at the last 10 days we can clearly see the bubble popping and the first good attempt at catching the resulting knife.  you can see that when the bubble popped at ~266$ their was a big dip in price without much volume ( everyone let the knife fall ) but now at 80-50$ rang we are seeing HUGE volume spikes when their is any kind of movement up or down. I think if we are not already at bottom, its not too far down... |
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Frozenlock
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April 16, 2013, 11:15:07 PM |
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Volume around $50 was insane. The resistance at this price will now be over 9000, or something.
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michaelGedi
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"to be or not to be, that is the bitcoin"
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April 16, 2013, 11:45:41 PM |
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 ok, on topic: Here you can see the big buy wall at $50 that a large amount of people have put up in case the price drops while they are AFK. After reading the forums all day - and a lot of "old hand" at that - it seems $50 is the most talked about bottom. Perhaps a psychological sticking point if you will. This is my first attempt to read this chart publicly... Also, could someone please tell me what the green line represents exactly? |
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adamstgBit
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April 16, 2013, 11:50:59 PM |
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good post. ok, on topic: Here you can see the big buy wall at $50 that a large amount of people have put up in case the price drops while they are AFK. After reading the forums all day - and a lot of "old hand" at that - it seems $50 is the most talked about bottom. Perhaps a psychological sticking point if you will. This is my first attempt to read this chart publicly... Also, could someone please tell me what the green line represents exactly? when / if we drop down to 50's for good, everyone will be talking about 40$ being the bottom the green line is the price moving up and down during the last 12h of trading. |
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Sitarow
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April 17, 2013, 12:17:40 AM |
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Notice the pattern in price every 24hrs.. Is a drop of almost $10 ***** April 16th 2013*****  ***** April 15th 2013*****  ***** April 14th 2013*****  |
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Frozenlock
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April 17, 2013, 01:32:26 AM |
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Don't you think we'll re-test the ~$50 price beforehand?
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adamstgBit
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April 17, 2013, 01:47:32 AM |
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Don't you think we'll re-test the ~$50 price beforehand?
doubtfull,the 50$ floor is not imaginary.  it all comes down to psychology sellers don't want to sell below 50$ buyers are happy to buy tons at 50$ ... RALLY! |
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keewee
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Activity: 1025
Merit: 1000
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April 17, 2013, 01:56:58 AM |
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70 gone  |
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giszmo
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WalletScrutiny.com
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April 17, 2013, 01:59:03 AM |
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 looking at this chart I wonder how many people would have an incentive to borrow money at high interest just to paint some volume for us TA experts. I mean seriously, if I wanted to cash out 200k bitcoins, I would easily pay 30% p.a. interest for three weeks to borrow $10M. Given the only risk is that MtGox will not give me back my money I guess it would even be easy to convince some wealthy friend who is not at all into Bitcoin. |
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just1nmc
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April 17, 2013, 02:01:32 AM |
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Someone is throwing up big bid walls  |
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elux
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April 17, 2013, 02:02:00 AM |
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The-Real-Link
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April 17, 2013, 02:14:41 AM |
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Million Dollar (14K coin) Bidwall just went up @ $70! Hope it holds.  |
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fitty
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April 17, 2013, 02:16:38 AM |
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Million Dollar (14K coin) Bidwall just went up @ $70! Hope it holds.
Looks like we've run out of panic sellers. |
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The-Real-Link
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April 17, 2013, 02:18:36 AM |
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But that's the thing with these. Does someone want to buy a lot of coin and not move the market prices? Or does the wall encourage an upward trend since it is well, a wall? Or rather, downward pressure for tons of people to sell into and it can maybe hold? Or... all of the above?!
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fitty
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April 17, 2013, 02:36:03 AM |
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I'm worried someone will take them up on the offer and dump 15k BTC on the market. Even if it's a fake/bug wall, I'm still surprised no one has decided to test it. 30% of the people predicting the 24 hr low think we'll be below $50 within 20 hours. So if no one will bite on the $70 mega buy out, they certainly won't be dumping if it slides into the $60 or $50s. At least for now the panic has left the room. to buy or not to buy...
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keewee
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April 17, 2013, 02:41:49 AM |
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annette786
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April 17, 2013, 02:42:01 AM |
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I'm worried someone will take them up on the offer and dump 15k BTC on the market. Even if it's a fake/bug wall, I'm still surprised no one has decided to test it. 30% of the people predicting the 24 hr low think we'll be below $50 within 20 hours.
So if no one will bite on the $70 mega buy out, they certainly won't be dumping if it slides into the $60 or $50s. At least for now the panic has left the room.
'tis a valid point. |
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