windjc
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January 27, 2014, 05:47:22 AM |
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bfx ask walls are pretty common these days, and they are real. bfx is the real reason for the name 'bearstamp'.
Theres not wall at Bitfinex. Although 200 is hardly a wall. |
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DaRude
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In order to dump coins one must have coins
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January 27, 2014, 05:54:26 AM |
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That 200BTC ask wall is starting to get annoying
Edit: On finex
What are you using to look at bfx wall? Or just looking at order book? There is no 200 wall on Bitfinex that I can see. But it seems many are chasing unicorns tonight. Using wisdom Markets/BitFinex It's down to 180 now and split up to 110 and 69  |
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DaRude
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In order to dump coins one must have coins
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January 27, 2014, 05:57:58 AM |
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bfx ask walls are pretty common these days, and they are real. bfx is the real reason for the name 'bearstamp'.
Theres not wall at Bitfinex. Although 200 is hardly a wall. It was 400 before not sure where you're looking at. bfx doesn't have that much volume so it's pretty significant for them. But they can unload it to stamp |
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aminorex
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Activity: 1596
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Sine secretum non libertas
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January 27, 2014, 06:01:09 AM |
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Having seen about 8,9 or 10 of these walls today, I'm wondering if someone is building up a big short position.
If so, that is exceedingly bullish.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 27, 2014, 06:02:29 AM |
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aminorex
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Sine secretum non libertas
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January 27, 2014, 06:11:20 AM |
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More likely, BFX sells are coins from Gox.
Mark Karpeles must be getting very rich, selling 800 dollar coins for 1000 dollars.
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windjc
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January 27, 2014, 06:12:51 AM |
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Having seen about 8,9 or 10 of these walls today, I'm wondering if someone is building up a big short position.
If so, that is exceedingly bullish.
No. We have been range trading for a long time now. These are just people who believe we are back at the top of the trading range. And 180 BTC goes down in an instant if there is a real rally or buying pressure. There just is no pressure right now. I have sold in and out of 300-400 BTC on Bitfinex on several occasions and my "wall" never stopped or started a rally. Although it did one time result in a sell off that quickly shot back quicker than before - the only time I got burnt by the bitcoin - a dark day.  |
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aminorex
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Sine secretum non libertas
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January 27, 2014, 06:18:32 AM |
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wall means different things to different people, because we have different histories. you've been around longer, and back in the day, walls were bigger.
i've hardly ever seen the market direction change as a result of a wall. far more typically they are eaten or moved or vanish. and they've been smaller than the walls of your experience, on average.
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TERA
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January 27, 2014, 06:33:27 AM |
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I still have this impression that a wall is at least 10,000btc. Lol
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billyjoeallen
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Hide your women
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January 27, 2014, 06:34:50 AM |
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I still have this impression that a wall is at least 10,000btc. Lol
That's not a wall. That's a pizza. |
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Parazyd
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January 27, 2014, 06:37:53 AM |
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Why are all non-mtgox markets lagging so much behind?
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chessnut
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Activity: 924
Merit: 1001
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January 27, 2014, 06:39:26 AM |
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 Last call to board the train, Last call This is the funniest thing Ive ever seen. sums up the whole forum if not for all the bears. |
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chessnut
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January 27, 2014, 06:42:05 AM |
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Why are all non-mtgox markets lagging so much behind?
do you know the deal about withdraws from mtgox? its hard to get cash out and easy to get BTC out, so there is net buying of BTC. its hard to get around the loop to profit from the differential because of withdraws. |
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delphic
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January 27, 2014, 06:46:06 AM |
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Why are all non-mtgox markets lagging so much behind?
do you know the deal about withdraws from mtgox? its hard to get cash out and easy to get BTC out, so there is net buying of BTC. its hard to get around the loop to profit from the differential because of withdraws. If it were easy to move funds to arbitrage the price difference between exchanges, there wouldn't be a price difference in the first place. |
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DaRude
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Activity: 2768
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In order to dump coins one must have coins
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January 27, 2014, 07:01:20 AM |
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A better question would be why Huobi is higher than bearstamp (well that's kind of self explainatory) and btc-e
Chinese think that their own risk on Jan 31st is lower than what everyone else thinks?!?
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ChartBuddy
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January 27, 2014, 07:02:31 AM |
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JorgeStolfi
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January 27, 2014, 07:15:24 AM |
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Watching the charts is like watching the waves on the beach, waiting for the one that will flood that castle up on the hill.
Or the one that will recede far enough to empty the ocean.
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seleme
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Duelbits.com
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January 27, 2014, 07:24:41 AM |
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Bitstamp not really quick in processing withdrawals too, it's like half an hour and it still says "waiting to be processed"
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macsga
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Strange, yet attractive.
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January 27, 2014, 07:24:55 AM |
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Good morning people. From what I see there wasn't so much CCMF while I was away. Good. I think I didn't miss the opportunity then...  |
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ChartBuddy
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January 27, 2014, 08:02:30 AM |
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