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

[jonoiv]

[phatsphere]

does anybody still care about walls? down to $400, it just crossed the 15k mark!

[gizmoh]

Dreaming of Sub 400 ?  Bears' look at that wall ^^:  

[edwardspitz]

I dont see down trend. I see a $700 correction.

Yeah, well, you know that's just like, uhh, your opinion, man.

It's shared by quite a few people.

Quote spottet: https://www.youtube.com/watch?v=pWdd6_ZxX8c - Hodl like The Dude. The dude abides!

[igorr]

does anybody still care about walls? down to $400, it just crossed the 15k mark!

It is fake wall.
Just compare with huobi wall, and
you can see.
There no have any logic.
Huobi has a volume of daily transactions three times more than bitstamp and should have a greater wall than bitstamp.

[chessnut]

No such thing as a fake wall.

whoever puts up a wall risks having that wall filled. that is counter intuitive to the walls purpose.

[igorr]

No such thing as a fake wall.

whoever puts up a wall risks having that wall filled. that is counter intuitive to the walls purpose.

investigate the case and you can see.

[jonoiv]

http://www.youtube.com/watch?v=bvznncrAOJE

[octaft]

So I take it you are suggesting that just a day or two ago, you were not shouting to the rafters about how bearish the sentiment is?

sure, I see that the bears are crowding the place. I wasn't shouting to the rafters, but nobody liked it, put it that way.

There are bulls like me, that have expected a $500-800 correction, and in general 50% retracement of all the previous bubbles. do you think it is bearish that the winkelvii are holding? the measure is about the number who have changed to bearish. I guarantee you there will be bulls here when the rocket takes off again, be it in a year, or two years.

How do you know the reason they're holding isn't simply because they can't find buyers for all that they've got? How do you know this fund they're starting isn't designed as a way to help them get out without collapsing the market? Neither of us know, but I find the fact in and of itself to be neither bullish nor bearish.

[dreamspark]

The support is building substantially and I am getting less and less inclined to think that $400 will be breached. A test close to it though, sure. Also with China having no fresh deposits tomorrow it will be interesting to see how any new money coming onto Stamp may move the market.

[igorr]

The real bitstamp wall is 10 times lower.

[p0peji]

So I take it you are suggesting that just a day or two ago, you were not shouting to the rafters about how bearish the sentiment is?

sure, I see that the bears are crowding the place. I wasn't shouting to the rafters, but nobody liked it, put it that way.

There are bulls like me, that have expected a $500-800 correction, and in general 50% retracement of all the previous bubbles. do you think it is bearish that the winkelvii are holding? the measure is about the number who have changed to bearish. I guarantee you there will be bulls here when the rocket takes off again, be it in a year, or two years.

How do you know the reason they're holding isn't simply because they can't find buyers for all that they've got? How do you know this fund they're starting isn't designed as a way to help them get out without collapsing the market? Neither of us know, but I find the fact in and of itself to be neither bullish nor bearish.

Why would you ever think they are in it for the money, they are obviously in it because they are real bitcoiners. Their families have made millions by just investing in something for humanitarian reasons.

[billyjoeallen]

does anybody still care about walls? down to $400, it just crossed the 15k mark!

It is fake wall.
Just compare with huobi wall, and
you can see.
There no have any logic.
Huobi has a volume of daily transactions three times more than bitstamp and should have a greater wall than bitstamp.

Shouldn't it be a Great Wall?

[EuroTrash]

posting this for the sake of argument

2013 bottom


now

Compelling argument, but if you want to argue, let's argue. If I recall correctly, Gox had halted fiat withdrawals and the rally didn't resume until the withdrawals resumed, right? Now Gox is dead and China is dying. What are the Odds that the PBoC will reverse it's pollicy? There's not even a rumor of that happening.

I swear I had started a long reply yesterday comparing the bad news in US/Europe of April/May 2013 (Gox , Dwolla, CoinLab, Liberty Reserve,  bitcoin-central, btc24, etc) with the bad news in the rest of the world of February/March 2014. Ironically my cheap Chinese tablet crashed while editing the text.

[jonoiv]

The volume on stamp is tiny.  it's not big on btc-e.

Like it or not Huobi and Chinese exchanges are dictating the price movements.  There are plenty that don't want to sleep on BTC.  it's 21:37 in China as i write. As others have pointed out it's a national holiday.

I think there is about a 3 hour window before a bigger dump starts.  

Just my opinion...

[igorr]

does anybody still care about walls? down to $400, it just crossed the 15k mark!

It is fake wall.
Just compare with huobi wall, and
you can see.
There no have any logic.
Huobi has a volume of daily transactions three times more than bitstamp and should have a greater wall than bitstamp.

Shouldn't it be a Great Wall?

Fake wall, the real bitstamp wall is 10 times lower.

Just compare with huobi wall, and compare the volume of daily transactions bitstamp and huobi !
there no have any logic !

[octaft]

Why would you ever think they are in it for the money, they are obviously in it because they are real bitcoiners. Their families have made millions by just investing in something for humanitarian reasons.

Obviously.  

[dreamspark]

The real bitstamp wall is 10 times lower.

You make no sense. Just random, ramblings...

[igorr]

The real bitstamp wall is 10 times lower.

You make no sense. Just random, ramblings...

Just, do the research, and everything will be clear.

Compare Huobi and bitstamp wall, and compare the volume of daily transactions!

In China for manipulating loses head, because there no any manipulation.

[dreamspark]

What planet are you living on where you say a wall is fake just because the exchange its on has less volume. Ever think maybe the people selling don't want Chinese Yen stuck on a Chinese exchange.