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ChrisML
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May 31, 2014, 01:25:37 PM |
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Well, someone took a dump.
LMAO
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TERA
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May 31, 2014, 01:30:57 PM |
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New buy wall at Stamp (trying to stay on topic)
ask* Oh yeah :-) omg someone tell shroomskit. |
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ihaveaquestion
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May 31, 2014, 01:34:54 PM |
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The whale market sold tens of BTC at 626$ and set the remaining 4xx BTC at 622$, which seems to indicate the wall is not fake.
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TERA
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May 31, 2014, 01:36:49 PM |
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Seeing big walls on the ask is normal in bull markets. It implies that people can sell on the ask rather than dumping at market and aren't causing a panic of traders dumping at market.
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dreamspark
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May 31, 2014, 01:43:23 PM |
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Seeing big walls on the ask is normal in bull markets. It implies that people can sell on the ask rather than dumping at market and aren't causing a panic of traders dumping at market.
This. Still causes all the sheeple to panic dump infront though, literally everytime :/ |
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ihaveaquestion
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May 31, 2014, 01:44:41 PM |
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Seeing big walls on the ask is normal in bull markets. It implies that people can sell on the ask rather than dumping at market and aren't causing a panic of traders dumping at market.
Yes, obviously the whale is confident his wall will be eaten because we are in a bull market. In a bear market it would cause a drop and the recovery would be unlikely. Though i am not sure Saturday is the best day of the week to do so. |
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dreamspark
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May 31, 2014, 01:45:28 PM |
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Seeing big walls on the ask is normal in bull markets. It implies that people can sell on the ask rather than dumping at market and aren't causing a panic of traders dumping at market.
Yes, obviously the whale is confident his wall will be eaten because we are in a bull market. In a bear market it would cause a drop and the recovery would be unlikely. Though i am not sure Saturday is the best day of the week to do so. Why not? Last weekend was the start of this big leg up. |
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edwardspitz
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May 31, 2014, 01:52:32 PM |
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Could it be someone arbitraging between Stamp and BTC-e?
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dreamspark
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May 31, 2014, 02:00:12 PM |
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Could it be someone arbitraging between Stamp and BTC-e?
Dont forget about the fiat transfer fee to btc-e. But yes entirely possible/ |
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 31, 2014, 02:00:27 PM |
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Richy_T
Legendary
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Activity: 2604
Merit: 2316
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 31, 2014, 02:03:40 PM |
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Yeeeeehaw! Que the, "Its happening gif."  "Cue" people, it's spelled "cue". Que is  |
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BBmodBB
Full Member
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Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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May 31, 2014, 02:07:29 PM |
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^snakes on a plane round 2!!! lmfao |
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RUEHL
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May 31, 2014, 02:17:39 PM |
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There is no TA in the Bitcoin market. The prices are controlled by whales who pump and dump how and when they like. And also by the news. 2 things the traders can't control or predict. All they can do is run behind it and hope they get lucky.
And that's exactly what you see most traders here do.
TA in Bitcoin is more pure, moreso than Wall Street and stocks. Even with Willie and the Chinese trading bots, there is way more manipulation on Wall Street than in Bitcoin which makes it easier to read. If you use TA correctly, it's the study of human mentality, jubilation, capitulation and breaking points. This is a perfect example:  |
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ChrisML
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May 31, 2014, 02:17:45 PM |
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Did that wall just got bought?  |
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Richy_T
Legendary
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Activity: 2604
Merit: 2316
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 31, 2014, 02:19:39 PM |
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The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,
Quantum physics and chaos theory say no. |
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segeln
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May 31, 2014, 02:22:16 PM |
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TA in Bitcoin is more pure, moreso than Wall Street and stocks. Even with Willie and the Chinese trading bots, there is way more manipulation on Wall Street than in Bitcoin which makes it easier to read. If you use TA correctly, it's the study of human mentality, jubilation, capitulation and breaking points. you are absolutely right. But TA opponents do not know TA.What`s behind and how it is working The bolded and underlined sentence is the beginning and the essence of understanding TA |
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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May 31, 2014, 02:22:30 PM |
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Done - We are roughly looking at September 2015, unless we align during the March 2015 bubble cycle...  LOL, GREAT  Post a donation address! The only thing that could distort this model is that the number of pages in this thread will start an exponential trend  |
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BldSwtTrs
Legendary
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Activity: 861
Merit: 1010
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May 31, 2014, 02:30:51 PM |
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The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,
Quantum physics and chaos theory say no. Chaos theory is still within a determinist framework. |
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BBmodBB
Full Member
Offline
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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May 31, 2014, 02:41:23 PM |
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The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,
Quantum physics and chaos theory say no. = da lawls of nature!!! |
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