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

[rpietila]

Nice wall and someone is trying to hide a big ask above $1500:

 

This is just part of the psychological manipulation game.   The "wall" is not there to keep the price down, and of course not to sell.   It is there for the sole purpose of keeping the bid sum/ask sum numbers manipulated.   Makes it seem that there are a lot of coins for sale, when in fact, a good chunk of the asks are that one person.   Once people start to figure this out, and that there are not nearly as many coins for sale at this price as it would seem, well, that will be interesting for sure . . .

+1.

It is this kind of content that I search for when reading this thread, but find very little.

Most of it is just attempt to prove me wrong by expending words, which is very silly, because words have power only when they are true.

Hope that you can hold on to your coins for the next 6 months, otherwise you should have listened to me

I think I have said all. Under no circumstances will I write anything in this thread before it goes to $500. I have a castle to attend to meanwhile  

[OldGeek]

Hes usually bullish. I'm betting up. on leverage.

As speculation, I agree.  Looking at the order book on gox, if he placed a market buy at 945 for 200 coins he'd clean up.

[Harley997]

For those who don't follow the speculation forum, I have become somewhat famous for posting vague hints prior to making large market purchases on behalf of clients.

^^^

but has he ever hinted at being behind big dumps....?

[OldGeek]

Not to my knowledge.  But you never know for sure.

[mb300sd]

...this new?

[OldGeek]

...this new?

Fairly new.  A few days ago Loaded caught a whale manipulator dumping and re-aligned his attention factor.

[OldGeek]

People on stamp and bct-e are paying attention.  Upward momentum building.  Gox doesn't care.

[windjc]

See this

Thats a new one.

Concept I mean - more "space."

I have no idea where this market is going. I think we might range trade for 2 more weeks - through the holidays.

Just don't see much money coming into the market this time of year.  I also don't see a big dump, just too much evidence that bigger money will be coming into the market early next year.

[DaSheep]

Large movement possible soon. Guess the direction.

It's time to kick whale-asses and chew bubble gum...

[OldGeek]

Large movement possible soon. Guess the direction.

It's time to kick whale-asses and chew bubble gum...

I don't get a kick out of popcorn so I poured me a hefty shot of 'Old Stump Blower'.

[OldGeek]

Go stamp, go.

Interesting to watch the buyers adjusting on gox.  The guy who had 150 for sale has decreased it at least three times.

[windjc]

Large movement possible soon. Guess the direction.

You have to have bigger investors with bigger funds than you had in April to move this market. Especially right now on a weekend. I mean you could put in a $2 million buy and not guarantee anything more than a temporary high. It would take a $5 million buy to move gox up $60.

[OldGeek]

Good point.

[stompix]

Large movement possible soon. Guess the direction.

You have to have bigger investors with bigger funds than you had in April to move this market. Especially right now on a weekend. I mean you could put in a $2 million buy and not guarantee anything more than a temporary high. It would take a $5 million buy to move gox up $60.

But now many coins to move it significantly down?

[ToTheZeroth]

Not trying to predict the price (I can't do that, so I don't trade). But for those who do: does it really matter at all that it's the weekend, this time? I mean, the point with the weekend is no fiat entering the exchanges, but this time there must have been a lot of fiat entering the exchanges during the last week, and most of it is still on the sidelines, along with the fiat from the selling daytraders. And all the traders know this, right?

[OldGeek]

Not trying to predict the price (I can't do that, so I don't trade). But for those who do: does it really matter at all that it's the weekend, this time? I mean, the point with the weekend is no fiat entering the exchanges, but this time there must have been a lot of fiat entering the exchanges during the last week, and most of it is still on the sidelines, along with the fiat from the selling daytraders. And all the traders know this, right?

I can't speak for the others, but as a day trader what day it is doesn't matter to me.  I trade on swings in price.  If I think there is a profit, in btc, to be made I'll go for it.

The potential fiat on the sidelines keeps the holdings that I have safer seeming.  One never knows for sure, but I believe that bullish in the long term is correct.

[Le Happy Merchant]

Thats a new one.

Concept I mean - more "space."

I never claimed to have any idea what I am doing.

[OldGeek]

I never claimed to have any idea what I am doing.

More honest than most of the TA crowd.

[fluidjax]

1...1...1  lots of 1 coin trades, one is amused.

[ChartBuddy]