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Question: What happens first:
New ATH - 43 (69.4%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373416 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
tHash
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May 02, 2013, 07:02:38 PM
 #3281

It's nice to see that the wall at 104 is not having much success at pushing the price down.   Wonder how long until he tires and dumps again to get the action started.   Wish someone had the cash to eat his wall.   If the walls were to be devoured a few times, it might make them think twice, and would go a long way toward stabilizing things.
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cedivad
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May 02, 2013, 07:04:49 PM
 #3282

Guys, it's only a 1000btc wall... It's not trying to manipulate or anything, he just wants to sell, poor him...
samson
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May 02, 2013, 07:05:37 PM
 #3283

It's nice to see that the wall at 104 is not having much success at pushing the price down.   Wonder how long until he tires and dumps again to get the action started.   Wish someone had the cash to eat his wall.   If the walls were to be devoured a few times, it might make them think twice, and would go a long way toward stabilizing things.

Plenty of people have the cash. The price isn't low enough.
tHash
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May 02, 2013, 07:07:45 PM
 #3284

Guys, it's only a 1000btc wall... It's not trying to manipulate or anything, he just wants to sell, poor him...

You may be right, as his wall is being nibbled on quite a bit.   I find it surprising that selling pressure is so low that hardly any asks are being placed beneath it.   He has to know if he backed the wall to 105, he would end up with $5k more . . .   Strange not to at this point unless he is trying to manipulate, very odd.
Frozenlock
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May 02, 2013, 07:08:54 PM
 #3285

You don't manipulate the market with 1000 BTCs!  Angry
EuroTrash
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May 02, 2013, 07:11:04 PM
 #3286

I listed 105 for sale at 94 and went out.  WTF has happened while I was away - I expect the prices to be in the 80s by now  Shocked

Just wait. Not today.
elux
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May 02, 2013, 07:11:24 PM
 #3287

EuroTrash
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May 02, 2013, 07:11:52 PM
 #3288

You don't manipulate the market with 1000 BTCs!  Angry

You actually do, if everyone's sitting on the fence.
DougTanner
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May 02, 2013, 07:12:47 PM
 #3289

Ask walls going up.

elux
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May 02, 2013, 07:19:40 PM
 #3290

Guys, it's only a 1000btc wall... It's not trying to manipulate or anything, he just wants to sell, poor him...

You may be right, as his wall is being nibbled on quite a bit.   I find it surprising that selling pressure is so low that hardly any asks are being placed beneath it.   He has to know if he backed the wall to 105, he would end up with $5k more . . .   Strange not to at this point unless he is trying to manipulate, very odd.

He's setting up a triangle. 104 is the center-line.

Used 0.01 add/rem bidspamming to quench volume of the uptrend. (Lag hovered at 1-2 minutes during insignificant price action.)

(Visible on Clark Moody if you check "Show Depth Messages in Console.")

Placed the top wall to force creation of the triangle, placed the mid wall to contain it, and lastly the lower wall to finish it.

You can see it for yourself in DougTanner's wallpic.
phoenix1
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May 02, 2013, 07:20:03 PM
 #3291

I listed 105 for sale at 94 and went out.  WTF has happened while I was away - I expect the prices to be in the 80s by now  Shocked

Just wait. Not today.

^^ this
Wish I had heeded your warning yesterday about picking up pennies in front of steamrollers ...
adamstgBit
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May 02, 2013, 07:23:48 PM
 #3292

 Cool
underground_
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May 02, 2013, 07:24:28 PM
 #3293

Well, someone at the rest of the wall...
adamstgBit
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May 02, 2013, 07:24:37 PM
 #3294

lol the bear is mad i think  Cheesy
yeemartin
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May 02, 2013, 07:25:06 PM
 #3295

THAT 1000BTC wall was just eaten.
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May 02, 2013, 07:25:17 PM
 #3296

Amazing! Spam with tiny bot orders to hide your huge buy!
Frozenlock
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May 02, 2013, 07:26:24 PM
 #3297

THAT 1000BTC wall was just eaten.
Impossibruuuu!
Didn't you understand? This wall was manipulation! You can't just go and eat him!  Cheesy
cedivad
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May 02, 2013, 07:27:00 PM
 #3298

THAT 1000BTC wall was just eaten.

Amazing! Spam with tiny bot orders to hide your huge buy!

Pro's at work.
underground_
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May 02, 2013, 07:27:37 PM
 #3299

THAT 1000BTC wall was just eaten.
Impossibruuuu!
Didn't you understand? This wall was manipulation! You can't just go and eat him!  Cheesy

That wall might not have been manipulation, but the fact that a hundred tiny sells went through immediately after a huge buy is kind of suspicious...
tHash
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May 02, 2013, 07:29:55 PM
 #3300

THAT 1000BTC wall was just eaten.
Impossibruuuu!
Didn't you understand? This wall was manipulation! You can't just go and eat him!  Cheesy

Of course you can eat a manipulation wall, if you do it in one big bite.  Tongue  This wall was acting different however, and I am pretty sure he just wanted to sell, though he could have made several more thousand if he wanted, not smart.
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