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

[miter_myles]

[niner]

409 on stamp.
Time to play this http://www.youtube.com/watch?v=frtVqCZub-0

[CoinDox]

there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..

+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public.

*edit There HAVE been bubbles in the past, but this likely is not one of them... yet

[ablewasiereisawelba]

Whoa, where did those walls come from?

[adamstgBit]

this is much better thank you Richy_T

[adamstgBit]

Whoa, where did those walls come from?

Richy_T changed the y-axis min/max  so we could see the depth better

[haightst]

there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..

+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public.

*edit There HAVE been bubbles in the past, but this likely is not one of them... yet

check out the "street price" ~ $BTC is getting harder to come by in real life!!!:>>



https://localbitcoins.com


jmho!!!

[notthematrix]

there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..

+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public.

*edit There HAVE been bubbles in the past, but this likely is not one of them... yet

China , Brasil , India , Iran (other muslim country's) , south America  etc do not care about some petty US rules.
Even Germany will not care.
The $ is done and the world knows it

[haightst]

there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..

+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public.

*edit There HAVE been bubbles in the past, but this likely is not one of them... yet

China , brasil , india , Iran , etc do not care about some pitty US rules.
Even germany will not care.
The $ is done and the world knows it

LOL even us here in California don't care!!! "rules"  hahahaa  

[NewLiberty]

there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..

+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public.

*edit There HAVE been bubbles in the past, but this likely is not one of them... yet

China , brasil , india , Iran , etc do not care about some pitty US rules.
Even germany will not care.
The $ is done and the world knows it

LOL even us here in California don't care!!! "rules"  hahahaa  

Capital controls tend to increase the price.  Just look at China... and Gox.   

[RooKIED]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.

[arklan]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  

and yet it bounced RIGHT back up to 430.

[haightst]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.

that could very well be an order that didn't clear from earlier ~ I ain't scurred 

[adamstgBit]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  

and yet it bounced RIGHT back up to 430.

but bitcoincharts says the low was 415

[keewee]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  

and yet it bounced RIGHT back up to 430.

but bitcoincharts says the low was 415

Yup, was 415. Still a nice little sell-off

[adamstgBit]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  

and yet it bounced RIGHT back up to 430.

but bitcoincharts says the low was 415

Yup, was 415. Still a nice little sell-off

kk just making sure, not that it would have made any difference. 405 still would not have come close to breaking these crazy bullish technicals. 

[Richy_T]

Whoa, where did those walls come from?

Richy_T changed the y-axis min/max  so we could see the depth better

I made it depend on the current dollar price too (actually the mean of the spread) so it should compensate somewhat as we raise/lower in price, dependent on certain assumptions (that may not be true). I'll manually tweak again if needed and I'll see if I can think of a good way to indicate the scale (other than the fact there are lines on the chart to do so).

[mccorvic]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?

[ChartBuddy]

[adamstgBit]

I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?

no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  )