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

[ChartBuddy]

[Ray Anastasio]

Only 300 coins to the wall of Jerico.

Jushua blow your horn.

Boo hiss market backed down from the wall.


::puts popcorn away::

[Ray Anastasio]

So what happens to this million dollar wall?

Once the little walls at $124.9 get hit big boy will pull a vanishing act.

lol maybe...

Or a bigger whale will snap it up to avoid slippage if he believes that the price is going up

And would Wally do with all that fiat?  Interest free loan to gox for 3 months?

I call fake wall.

[JimboToronto]

Only 300 coins to the wall of Jerico.

Jushua blow your horn.

Boo hiss market backed down from the wall.


::puts popcorn away::

Don't put that popcorn away just yet.

One bear whale pushed it down but a whole herd of little bulls responded to the cheaper asks.

[ShroomsKit]

So what happens to this million dollar wall?

Once the little walls at $124.9 get hit big boy will pull a vanishing act.

lol maybe...

Or a bigger whale will snap it up to avoid slippage if he believes that the price is going up

And would Wally do with all that fiat?  Interest free loan to gox for 3 months?

I call fake wall.

What would be the point of that wall?

[NewLiberty]

What would be the point of that wall?

Sometimes...
To entice smaller sellers to get out in front of it so that when it is pulled, the price rises more swiftly and the coins can sell at a much higher price.

[ChartBuddy]

[ShroomsKit]

What would be the point of that wall?

Sometimes...
To entice smaller sellers to get out in front of it so that when it is pulled, the price rises more swiftly and the coins can sell at a much higher price.

Hm right. Thanks.

[MickeyT2008]

What would be the point of that wall?

Sometimes...
To entice smaller sellers to get out in front of it so that when it is pulled, the price rises more swiftly and the coins can sell at a much higher price.

Hm right. Thanks.

Or to make people ask a lower price than his wall, so that he can buy their coins more cheaply, with the intention of removing that wall before anyone gets a chance to buy his coins at that price.

[Ray Anastasio]

Ok I kept out the popcorn watching to see if that 119 support holds.

[ChartBuddy]

[Adrian-x]

Now is the time to go all in!

What! Has your account been hijacked, or are you trolling?
You are confusing me.

[zby]

I call it top now.  Just looking at the divergences and the wedge formation.

[notme]

Now is the time to go all in!

What! Has your account been hijacked, or are you trolling?
You are confusing me.

Trolling.  Always trolling.

[ChartBuddy]

[ChartBuddy]

[LightRider]

Suggestion for chartbuddy: Make the leading price edge line, the front line on z-axis if you will, a rainbow gradient with each pure color set on a modulus 10 price point. Say, red (#FF0000) is pegged to $100, and each $10 dollar increment has a gradient progression to the next pure color in either direction ($90 is Violet, $110 is Orange, etc.). That way, when the screens are put together in video format, we can easily determine the price movement.

Just an idea. What do you guys think?

After further consideration, this might work better on a modulo 5 price point color shift.

[ChartBuddy]

[ChartBuddy]

[ChartBuddy]