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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382317 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
rjp55
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May 26, 2014, 01:34:15 AM

Wasolraj: "Capitulation hasn't even begun."
Tera: "I could take a three month break and the price will still be $440."

Just for those newbies who aren't sure who to listen to when making decisions. Quotes were from like a week or so ago.
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hyphymikey
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May 26, 2014, 01:37:01 AM

It's spread out to add to the ask depth to not bi obvious. Thought that would be common sense. You don't want to wall it up and cause a panic drop, you just don't want it climbing too much. If you sell off some of the btc oh well, its still better than letting another "whale" run away with the price.

Or it could be a trader anticipating that the top is either in or near and is looking to take a short position at best possible averaging price for the coming correction?

tbh, the Ask side of the Wall on Bitfinex doesn't look any more inflated than the Bid side and since it is Bitfinex, we know that both sides of the wall are wildly inflated compared to the actual volume of trade that will be conducted on that exchange.

If sentiment is bullish and you are fearing that whales are going to bid the price up b4 you can take a position, last thing you want to be doing is fattening up the Ask wall offering them more coins at cheaper prices, which they will gladly take.

Good point. Never thought of it that way.
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May 26, 2014, 01:41:12 AM

Wasolraj: "Capitulation hasn't even begun."
Tera: "I could take a three month break and the price will still be $440."

Just for those newbies who aren't sure who to listen to when making decisions. Quotes were from like a week or so ago.

some one should keep stats on whos made the most accurate calls and post them here every so often.. perhaps have a group bet, every big trader that wants to be in, throws in a bitcoin(or what ever ye call a reasonable bet lol keep it low so a good few can get in on it, nothin too serious) and who ever makes the most accurate calls in 6 months wins.. seems like everyone thinks they are the best so why not have a competition that also tells the noobs who to listen to! Smiley
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May 26, 2014, 01:44:44 AM

Stamps wall just got eaten.
ChrisML
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May 26, 2014, 01:46:22 AM

About time.

Choo Choo.
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May 26, 2014, 01:47:12 AM

BTC-E is up it's daily high his ass. See if we can break that into pieces.
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May 26, 2014, 01:51:49 AM

BTC-E is up it's daily high his ass. See if we can break that into pieces.


JESUS CHRIST. $675 on BTC-E. shitballs.
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May 26, 2014, 01:52:16 AM

Huobi ahead of Stamp as well. All this on a sunday. I'd forgotten sunday pumps tbh  Grin
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May 26, 2014, 01:53:14 AM

$580... Cya!!!
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May 26, 2014, 02:00:41 AM


Explanation
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May 26, 2014, 02:03:13 AM

Huobi ahead of Stamp as well. All this on a sunday. I'd forgotten sunday pumps tbh  Grin

That is par for the course though.


and it is Monday morning in China.
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May 26, 2014, 02:03:30 AM

oh crap, here we go again.

Can't you guys just relax a bit?

 I don't get paid until the first of the month  Cry

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May 26, 2014, 02:06:48 AM

oh crap, here we go again.

Can't you guys just relax a bit?

 I don't get paid until the first of the month  Cry



The wall is down! Wink
podyx
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May 26, 2014, 02:07:03 AM

This is too fucking fast...

What's going on?
ChrisML
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May 26, 2014, 02:07:40 AM

This is too fucking fast...

What's going on?

People see the light, they are running towards it!
wachtwoord
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May 26, 2014, 02:07:46 AM

This is too fucking fast...

What's going on?

People want Bitcoin. I don't think it's Mark this time Wink
bitcoinsrus
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May 26, 2014, 02:08:33 AM

This is too fucking fast...

What's going on?

The walls getting eatin' alive  Grin
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May 26, 2014, 02:08:51 AM

oh crap, here we go again.

Can't you guys just relax a bit?

 I don't get paid until the first of the month  Cry



The wall is down! Wink

another wall at ~3660 on huobi

edit: aaaaand, it's gone
wachtwoord
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May 26, 2014, 02:09:03 AM

Next stop $630!
ChrisML
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May 26, 2014, 02:09:51 AM

Next stop $630!

My prediction comes in right.

My first ever. Woot woot.
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