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

[DolanDuck]

Why people isn't selling in front at this 6000btc wall? 

[spooderman]

Why people isn't selling in front at this 6000btc wall? 

pls

[DolanDuck]

Why people isn't selling in front at this 6000btc wall? pls 

[dreamspark]

Someone just dumped all the way down to 0.19 on bitcoinbuilder

[tarmi]

Why people isn't selling in front at this 6000btc wall? pls 

cause they are still hoping that some whale will remove it, or buy it.

but, if that wall stays there long enough, they eventually will.

people just love to panic sell. just be patient.

[HairyMaclairy]

They are.  Just their orders are too small to see on the chart.  

[empowering]

Gox is so bad that for some reason they think I'm Romanian or something like that so "cancel" order link is now named "annuluy" 

anally? I think they are asking how you would like to proceed? 

[JCviggen]

Someone just dumped all the way down to 0.19 on bitcoinbuilder

I bought some at .19 while the buy orders were still showing 0.32 

Unfortunately I ran out of BTC

Makes you wonder if someone "knows" something though. Oh the paranoia.

[dreamspark]

Ive literally made 10 real btc on bitcoinbuilder in the last week. The volatility is crazy.

And theres a 1199 goxbtc sell wall as well !

[empowering]

For Bitcoin to become obsolete, something better will have to take it's place. When something better takes it's place, bitcoin holders will have the opportunity to trade bitcoins for the replacement.

Yeah, exactly! That is why it's not so necessary to hodl. I also believe in this idea that bitcoin brought forward, but I just don't believe that bitcoin has a very long life left in it.
I'm not telling here that bitcoin investors deserve nothing. I'll only say that eventually those will get nothing, who will go over the top with their hodling.
Trading is the smart and profitable way to go. You only have to understand that the big fish are after the little fish.

You may be right and you may be totally wrong, and a "few" years may mean 10 years, 20 years , who knows..

[JCviggen]

Unreal dumpage now on bitcoinbuilder. Literally thousands.

[surfer43]

Unreal dumpage now on bitcoinbuilder. Literally thousands.

Damn the owner is getting 10s of BTC
And finally someone arbitraged

[HairyMaclairy]

Does Bitcoin builder have a stated policy if the lights go out at Gox?  Do unsettled trades get reversed?

[dreamspark]

This is awesome bitcoinbuilder is the most entertaining thing in the world right now. Josh is making a fecking killing

[EuroTrash]

It would be interesting to graph the combined BTC depth on Gox + Stamp + BTC-E exactly around the bottom of last summer and compare it to what it is now.

My theory being that in case the capitulation happens out of everyone losing interest, the bottom looks much more like a long U-shaped one than a quick drop and recovery, and then I expect the depths to be quite low when it happens? Do I make sense at all?  

[magicmexican]

could be just someone finally arbitraging

[HairyMaclairy]

Bid depth looks a lot shallower than ask but hard to tell.  

[JCviggen]

Damn the owner is getting 10s of BTC
And finally someone arbitraged

10s? Try 100s.

Look at that volume! http://bitcoinity.org/markets/bitcoinbuilder/GOXBTC

Doesn't look like arbitrage, it's too low. Doesn't make much sense selling way lower than the actual ratio.

[dreamspark]

could be just someone finally arbitraging

Most likely, damn would have loved to have some more btc on there, back up to 0.3 now though

[EuroTrash]

Meanwhile someone put a 1000btc ask wall at 578.5 in front of the 5000 one at 580, and it is slowly being eaten.