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

[rezurect]

Wall moves from 215 to 218

[gizmoh]

I didn't see much whale buys during this rally btw, this was different in april if i remember right. Or am i wrong?

Whales are selling slowly and constantly putting medium walls (1k-3k) on bitstamp, little fish are buying the current hype and may bleed later on..
As for Gox its an abandoned house.

[rpietila]

I didn't see much whale buys during this rally btw, this was different in april if i remember right. Or am i wrong?

Whales are selling slowly and constantly putting medium walls (1k-3k) on bitstamp, little fish are buying the current hype and may bleed later on..
As for Gox its an abandoned house.

I propose a better terminology for grouping the different kind of market actors. Or please tell me, what are the behavioral characteristics of the whales, as opposed to smaller fish?

As far as I know, big holders don't sell.

[ChartBuddy]

[wobber]

In the next 10 hours the walls will get eroded and 233.4 will be tested.

[ardana123]

In the next 10 hours i will go to the toilet and take a big dump.

[Luzio]

I didn't see much whale buys during this rally btw, this was different in april if i remember right. Or am i wrong?

Whales are selling slowly and constantly putting medium walls (1k-3k) on bitstamp, little fish are buying the current hype and may bleed later on..
As for Gox its an abandoned house.

Lol @ little fish. Took the opportunity in this little rally to abandon Gox as well without a loss. Just the lack of communication bothers me and the false promises about the implementation of Litecoin, new trading engine and withdrawals. Good to see the high volume on Litecoin, competition and alternatives are good, eventhough I do not trade Litecoin.

[molecular]

In the next 10 hours i will go to the toilet and take a big dump.

Very interesting! This could be huge. Keep us posted with any news.

[stereotype]

In the next 10 hours i will go to the toilet and take a big dump.

Very interesting! This could be huge. Keep us posted with any news.

I thought poos news could only be released, with the natural passage of time.

[maz]

In the next 10 hours i will go to the toilet and take a big dump.

to the pan!

[Ivanhoe]

I didn't see much whale buys during this rally btw, this was different in april if i remember right. Or am i wrong?

Whales are selling slowly and constantly putting medium walls (1k-3k) on bitstamp, little fish are buying the current hype and may bleed later on..
As for Gox its an abandoned house.

I propose a better terminology for grouping the different kind of market actors. Or please tell me, what are the behavioral characteristics of the whales, as opposed to smaller fish?

As far as I know, big holders don't sell.

Agreed, most big holders won't sell they are true believers in this system. Although i do think some youngsters maybe selling now, the computertechies in their early twenties who discovered Bitcoin and mined some coins. They have enough now to buy nice things and improve their life quality. That is a difference with the investors who bought in during the March/April rally, they already have money of course.

My question is, why don't we see new whales coming up yet? Or do we have to be more patient?

I think they will show up, but i'm curious why it takes them so long.

[billington.mark]

I didn't see much whale buys during this rally btw, this was different in april if i remember right. Or am i wrong?

Whales are selling slowly and constantly putting medium walls (1k-3k) on bitstamp, little fish are buying the current hype and may bleed later on..
As for Gox its an abandoned house.

I propose a better terminology for grouping the different kind of market actors. Or please tell me, what are the behavioral characteristics of the whales, as opposed to smaller fish?

As far as I know, big holders don't sell.

Agreed, most big holders won't sell they are true believers in this system. Although i do think some youngsters maybe selling now, the computertechies in their early twenties who discovered Bitcoin and mined some coins. They have enough now to buy nice things and improve their life quality. That is a difference with the investors who bought in during the March/April rally, they already have money of course.

My question is, why don't we see new whales coming up yet? Or do we have to be more patient?

Theres been alot of hype about big swings this week... a smart person would sit on the sideline to see what happens before investing... i know i would if i was in that boat.

[DougTanner]

China is stymied for the moment. Stamp is slowly eating into that big wall at $217.5.

[rpietila]

My question is, why don't we see new whales coming up yet? Or do we have to be more patient?

I think they will show up, but i'm curious why it takes them so long.

This is just too early. Comparable to January (the last time when we had 4 positive weeks in a row).

Smart whales have bought already, impatient whales help us to cross $1000 and $2000.

[Nemo1024]

217.5? Old news already. 500 at 217.88 is on the menu, then 100 at 217.97, and then 1320 at 218.09

[ChartBuddy]

[spooderman]

to da moon guise

[DougTanner]

China and Gox are moving up again.

Edit: HUGE buy on Gox. There's our first whale.

[Walsoraj]

unsustainable.

[klee]

Jesus!