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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837497 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 1 users with 9 merit deleted.)
thefunkybits
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August 18, 2014, 09:13:33 AM

Most 15-min volume since noon EDT on Friday, and we just hit 475.

Sell walls on BFX keep getting eaten...

This dump has no legs.
Newbie1022
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August 18, 2014, 09:16:28 AM

Margin hunter lives! What a terrible person.
Newbie1022
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August 18, 2014, 09:18:54 AM

Most 15-min volume since noon EDT on Friday, and we just hit 475.

Sell walls on BFX keep getting eaten...

This dump has no legs.

I dunno. I keep thinking that. At this point, he's gotta be gunning for the margins... can't just be a goofy theory anymore.
Wandererfromthenorth
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August 18, 2014, 09:19:36 AM

Worst thing that can happen, low volume consistent dumps Sad
Newbie1022
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August 18, 2014, 09:21:28 AM

Worst thing that can happen, low volume consistent dumps Sad

That's why I always carry headphones with me when I am on a high fiber diet. =D
rpietila
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August 18, 2014, 09:25:13 AM

If Bitcoin will continue to fall for a few more weeks/months the ALT-scene will get nearly wiped out. I will shed no tears

Yes, it is such a feast now for the ones buying alts that are independent of BTC, yet get double hammering due to BTC. Monero comes to mind  Grin
Wandererfromthenorth
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August 18, 2014, 09:28:19 AM

Worst thing that can happen, low volume consistent dumps Sad

That's why I always carry headphones with me when I am on a high fiber diet. =D
Grin

That made me lol  Grin Grin
N12
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August 18, 2014, 09:30:42 AM

Who hasn't cut his loose?
Newbie1022
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August 18, 2014, 09:30:56 AM

Worst thing that can happen, low volume consistent dumps Sad

That's why I always carry headphones with me when I am on a high fiber diet. =D
Grin

That made me lol  Grin Grin

I thought it might! =D
hyphymikey
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August 18, 2014, 09:34:47 AM

Unable to buy on BFX  Angry
podyx
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August 18, 2014, 09:35:27 AM

This constant dumpning is fucking frustrating!! Sad

this thing goes wrong, im losing alottsa cash Undecided
mmortal03
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August 18, 2014, 09:35:32 AM

If Bitcoin will continue to fall for a few more weeks/months the ALT-scene will get nearly wiped out. I will shed no tears

Yes, it is such a feast now for the ones buying alts that are independent of BTC, yet get double hammering due to BTC. Monero comes to mind  Grin

Darkcoin and Cloakcoin have been getting killed much more lately. Monero just needs that darn monerochain.info fully synced again ASAP so the market cap figures are correct, then I'll be happy. It's moving slow -- up to 3 months ago at the moment.
jeezy
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August 18, 2014, 09:37:31 AM

This constant dumpning is fucking frustrating!! Sad

this thing goes wrong, im losing alottsa cash Undecided

Shaky hands spotted! SELL SELL SELL!
Newbie1022
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August 18, 2014, 09:38:45 AM

This constant dumpning is fucking frustrating!! Sad

this thing goes wrong, im losing alottsa cash Undecided

I think even us taking shorts at this point are finding new and interesting ways to lose money with the fluctuations. These are tough times, but if you have even a little cash you'll make it back on the inevitable bounce back. Do not despair, friend.
Wandererfromthenorth
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August 18, 2014, 09:39:59 AM

Unable to buy on BFX  Angry
What do you mean? does it say "insufficient balance"?  what happens?

Bitfinex is showing many red flags lately Sad
Newbie1022
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August 18, 2014, 09:40:26 AM

Unable to buy on BFX  Angry

That f---ing site. I swear to God. Couldn't short earlier today... you're saying you can't buy now. Jeebus.

P.S. -- No, I don't think they are a scam or Gox... there are just some issues and you also get nickled and dimed pretty well. But, like everything else, a work in progress.
fonzie
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August 18, 2014, 09:41:01 AM

This constant dumpning is fucking frustrating!! Sad

this thing goes wrong, im losing alottsa cash Undecided


BETTER SELL NOW OR LOOSE EVERYTHING: aka C Y L
Newbie1022
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August 18, 2014, 09:42:04 AM

Unable to buy on BFX  Angry

They may have effectively spotted you some cheaper coins, though (my situation didn't have quite the same happy ending, unfortunately). It looks like the margin hunting dumptard and his sell wall have returned to the scene.
hyphymikey
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August 18, 2014, 09:45:31 AM

Unable to buy on BFX  Angry
What do you mean? does it say "insufficient balance"?  what happens?

Bitfinex is showing many red flags lately Sad

I have a very sufficient balance. I try to buy on margin lower than my balance, it says "order has been placed" but only buys .002 btc for me when Im ordering a lot more. The fact that order goes through, but only buys a tiny bit, and doesn't show the rest pending is frustrating. Second attempt with my balance pretty much unchanged it says "order has been placed" and nothing goes through at all. After repeated attempts I moved all of my funds out of there. Maybe the Margin Hunter is clogging their system lol.

/rant
Teppino
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August 18, 2014, 09:46:50 AM
Last edit: August 18, 2014, 10:45:42 AM by Teppino

Bitfinex altered the regular offer/demand equilibrium by tweaking the trading algorithm, it was granted that market, by means of someone more clever than them,  found a way to exploit it. They also declared they're constantly changing it, i guess out of fear, but it seems market is adapting faster than they could handle.
In another thread (https://bitcointalk.org/index.php?topic=737507.msg8335904#msg8335904) i guessed that August could be the right month to perform a cheap(er) manipulation.
But a question now arise, who actually have:
- the statistical knowledge to determine the right moment to perform (which include near perfect market statiscal mapping and geolocalization of users and their trading habits)
- a valid reason to do it
- the economic power to perform

My guess is another exchange, or a cartel of them.

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