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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26409994 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.)
Bitcoin_is_here_to_stay
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June 06, 2014, 06:57:23 PM

I glimpsed >1000btc sell wall on stamp, at around 660! Not visible on bitcoinwisdom now

I really dont think this wall will be break today.

Me, too. Last couple days trading was anemic.
akujin
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June 06, 2014, 06:58:01 PM

BOOM!  Grin
FNG
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June 06, 2014, 06:59:45 PM

Sheeps get slaughtered
Bitcoin_is_here_to_stay
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June 06, 2014, 07:00:15 PM

wow, finally some movement. that was quick. Anything happened?
jerk
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June 06, 2014, 07:00:38 PM

the bear trap
MatTheCat
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June 06, 2014, 07:00:49 PM

Prices are just about equal on Huobi, Stamp, and Okcoin right now...  That doesn't happen all that often

The other exchanges have seemed at times like they want to take off but the market is being nailed down by Wall Guy on Stamp. There was a wall yesterday 1500BTC strong at $670. Last time I checked today before I went out, there was a wall at $665 of over 1000 BTC; now that I have come back, that wall is sitting at $660. I guess it will keep advancing on the retreating Bid wall until it retreats no more.

$650 broke as I am typing. Good! I bought at $660 but the market needs shifting.
ChartBuddy
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June 06, 2014, 07:01:08 PM


Explanation
Cassius
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June 06, 2014, 07:01:20 PM

Does anyone have an updated chart with the overlays of the previous bubbles and the current line on it? I have no clue how to make one.

More important question is - why would every bubble look the same?

Surface tension.
Less facetiously, there is a classic bubble progression - Google "Anatomy of a Bubble". Bitcoin does seem to do it well for some reason.
JimboToronto
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June 06, 2014, 07:03:43 PM

Does anyone have an updated chart with the overlays of the previous bubbles and the current line on it? I have no clue how to make one.

Someone here posted a log chart with data from Gox and then switching to Stamp some time last summer when the two were at par.

Anyone?
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June 06, 2014, 07:04:00 PM

watcoin
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June 06, 2014, 07:04:47 PM



why do you not like BTC?
aminorex
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June 06, 2014, 07:04:55 PM

now than an actual seller has cleared some room, perhaps we can overtake the fake wall at last.
watcoin
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June 06, 2014, 07:06:02 PM

now than an actual seller has cleared some room, perhaps we can overtake the fake wall at last.

you are evil  Wink
deadley
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June 06, 2014, 07:06:25 PM

now than an actual seller has cleared some room, perhaps we can overtake the fake wall at last.

Its not fake wall already 1k market order ate by bearish
kireinaha
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June 06, 2014, 07:06:48 PM


fonzie is on the payroll of several world governments to keep bitcoin down. They know that if and when bitcoin succeeds, their national currencies will be reduced to valueless paper. They want to delay that outcome as long as possible, and use people like fonzie to push that agenda.
MatTheCat
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June 06, 2014, 07:07:47 PM

Prices are just about equal on Huobi, Stamp, and Okcoin right now...  That doesn't happen all that often

The other exchanges have seemed at times like they want to take off but the market is being nailed down by Wall Guy on Stamp. There was a wall yesterday 1500BTC strong at $670. Last time I checked today before I went out, there was a wall at $665 of over 1000 BTC; now that I have come back, that wall is sitting at $660. I guess it will keep advancing on the retreating Bid wall until it retreats no more.

$650 broke as I am typing. Good! I bought at $660 but the market needs shifting.

Wally The Wall Guy has just moved one of his 1000 BTC chips down to $655 on Stamp!

How far can he chase the market down?


now than an actual seller has cleared some room, perhaps we can overtake the fake wall at last.

Nothing fake about that wall. It may be a strategic wall other than a real attempt to sell 1000 BTC at the best possible price, but the wall is very real and the fact that it isn't being eaten up tells it's owner everything he needs to know about the market at this moment.
JimboToronto
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June 06, 2014, 07:09:29 PM

Quote
BOOM!  Grin

pop!   Grin
kickinyou
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June 06, 2014, 07:10:53 PM



just broken my bottom trend line :/

is that wall just to push down under the trendline maby ?
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June 06, 2014, 07:14:56 PM
Last edit: June 06, 2014, 07:34:25 PM by Torque

Whales are desperately trying to 'paint' a head and shoulders pattern they started on May 30th.

Don't let them win!  Don't give in, hodl!   Grin
watcoin
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June 06, 2014, 07:15:52 PM


fonzie is on the payroll of several world governments to keep bitcoin down. They know that if and when bitcoin succeeds, their national currencies will be reduced to valueless paper. They want to delay that outcome as long as possible, and use people like fonzie to push that agenda.

Oh then this video is for him....

https://www.youtube.com/watch?v=8fTAXVr8N40
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