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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 26386326 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.)
mooncake
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August 07, 2014, 02:20:58 PM

At Stamp, the key price is 582.99. If that guy can survive the regular buying (by topping it up constantly), then the price will hold. Otherwise, if he runs out of coin, we might see choo choo!

This wall is being eaten. Down from 78 to 42btc.

It has been there for several hours now. Always being topped up. Someone wants the price to hold at 528.99.
madmat
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August 07, 2014, 02:22:10 PM

At Stamp, the key price is 582.99. If that guy can survive the regular buying (by topping it up constantly), then the price will hold. Otherwise, if he runs out of coin, we might see choo choo!

This wall is being eaten. Down from 78 to 42btc.

It has been there for several hours now. Always being topped up. Someone wants the price to hold at 528.99.

The wall has been eaten. 583 is the new price.
Dump3er
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August 07, 2014, 02:22:16 PM

At Stamp, the key price is 582.99. If that guy can survive the regular buying (by topping it up constantly), then the price will hold. Otherwise, if he runs out of coin, we might see choo choo!

This wall is being eaten. Down from 78 to 42btc.

Someone wants the price to hold at 528.99.

mooncake
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August 07, 2014, 02:25:55 PM

It's gone!  Shocked Shocked Shocked
sickpig
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August 07, 2014, 02:27:48 PM

Could it be that someone from the 2011 era is selling the old coins?  

I suppose you could check if there are any strange spikes in this graph:

https://blockchain.info/charts/bitcoin-days-destroyed

in the last few weeks.
ChartBuddy
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August 07, 2014, 02:59:48 PM


Explanation
Miz4r
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August 07, 2014, 03:01:29 PM

At Stamp, the key price is 582.99. If that guy can survive the regular buying (by topping it up constantly), then the price will hold. Otherwise, if he runs out of coin, we might see choo choo!

This wall is being eaten. Down from 78 to 42btc.

Someone wants the price to hold at 528.99.



That dude definitely had an alien haircut. Tongue
mooncake
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August 07, 2014, 03:07:52 PM

Looking good.  Smiley
Hope the momentum stays.
fred1111
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August 07, 2014, 03:10:44 PM

Poof! One big bite at 585 Shocked
derpinheimer
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August 07, 2014, 03:14:13 PM

300btc bid @ 585.3 Smiley
fonzie
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August 07, 2014, 03:15:56 PM

madmat
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August 07, 2014, 03:18:42 PM

I love this feeling. I just transformed all my fiat for btc, and price is up.

 Grin Grin Grin
Patel
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August 07, 2014, 03:20:17 PM

Once 550 gets into the 6k-8k bid depth, it will be a strong signal
madmat
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August 07, 2014, 03:21:19 PM

It is funny how Dump3er suddenly disappeared.  Grin
derpinheimer
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August 07, 2014, 03:22:24 PM

Once 550 gets into the 6k-8k bid depth, it will be a strong signal
Bid depth is still at a near all time low on bitstamp. It continues getting worse every week; and the asks continue to rise.

Patel
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August 07, 2014, 03:23:17 PM

^

Looks like a reversal, starting 4 days ago. I hope it will start getting stronger now.

Volume has increased the past few days also.
Dump3er
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August 07, 2014, 03:23:43 PM
Last edit: August 07, 2014, 03:46:49 PM by Dump3er

It is funny how Dump3er suddenly disappeared.  Grin

Disapeared? You mean since Bitcoin is making this gigantic spike up to 590?

Oh, must be really boring with this lol-atility...

...cheerleading 5$ spikes. Ha!
derpinheimer
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August 07, 2014, 03:26:43 PM

Someone ate our bidwall Sad
Dump3er
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August 07, 2014, 03:29:51 PM

bears be like



Looks like it's only a question of a few weeks and bitcoin-cheerleaders will even celebrate 0.50$ spikes. You don't feel pity for sad-looking bears, seeing such enormous spikes in price?
wingsfan23
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August 07, 2014, 03:30:56 PM

Herp derp, where is the buying pressure guys? Clearly no one wants to buy at these prices
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