Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[cmacwiz]

9/11 ----> Moon

[grappa_barricata]

here comes the sell walls

[vphen]

here comes the sell walls

bitfinex @480.6

the wall bigger than bigger

[BitChick]

the mother ship is ready.

Branson and Elon... and Bitcoin...

amazeballs


mothership is ready indeed.


(ps after Virgin Galactic is up and running, Branson is set to start working on developing a supersonic airliner that can travel up to 19,000 mph, NY to Tokyo in an hour... bring it, commuting to work will never be the same   and let us pay for said flights in BTC)

Yes!  Flying to the other side of the world in a hour is a totally great innovation.  I am going to India in a couple of months and I am not looking forward to the 21 hour flight.  I am sure Branson will take Bitcoin for that too.  Hopefully my Bitcoin buying power is a bit increase by then.

[derpinheimer]

There they are...

2k on BFX
2k on Bitstamp

These sellers are real. Back down we go.

[adamstgBit]

i strongly recommend popping the popcorn.

[grappa_barricata]

This just turned up on reddit. Really nice idea.

http://www.coinsight.co

Seems very good. Too bad is all red there now

[BitChick]

here comes the sell walls

bitfinex @480.6

the wall bigger than bigger

 I would LOVE to see someone just eat all the walls at once.  There has to be someone out there that knows where this is going and decides to jump all in.  

[ShroomsKit]

And the sell walls and dumpers are back like before. You don't really think they were gonna allow this thing to go up right?
They will keep taking us down. As if their life depends on it. Down it must go!

[Dump3er]

here comes the sell walls

Here in the troll observer it's called manipulation wall. Selling means manipulation, you know? People are shouting for anarcho capitalism but when sell walls are popping up we prefer good old sovjet planned economy.

[thefunkybits]

There they are...

2k on BFX
2k on Bitstamp

These sellers are real. Back down we go.

oh noez

the struggle is real, the sellers maybe real

[derpinheimer]

here comes the sell walls

Here in the troll observer it's called manipulation wall. Selling means manipulation, you know? People are shouting for anarcho capitalism but when sell walls are popping up we prefer good old sovjet planned economy.

Its funny how the 2k market order that brought down an ask wall yesterday was a smart investor.

The guys who have sold 16k coins in the past 2 weeks? They're manipulating idiots out of the loop. People with 10 million dollars to throw around know nothing and act irrationally, you know?

Now this is 20k coins in 2 weeks. Price is still holding fairly steady. Cant last forever.

[grappa_barricata]

worse thing is that panic is following, and china is about to wake up... RUN FOR THE HILLS!!!!

[thefunkybits]

Now this is 20k coins in 2 weeks. Price is still holding fairly steady. Cant last forever.

Very true, great point...

despite all this "manipulation" or selling or whatever you would like to call it the stability in the midst of all that is unreal

[mooncake]

I'm quite amazed where these huge sellers get their coins from.

[ShroomsKit]

Yesterdays little rally was a great example why not to buy anymore. Because you will get dumped on 24 hours later.

[ShroomsKit]

I'm quite amazed where these huge sellers get their coins from.

I'd love to talk to 1 or 2 of these people and ask them what their motivation is for keeping the price down.  These damn sell walls all the time.
Normal market behaviour my ass.

[derpinheimer]

Now this is 20k coins in 2 weeks. Price is still holding fairly steady. Cant last forever.

Very true, great point...

despite all this "manipulation" or selling or whatever you would like to call it the stability in the midst of all that is unreal

Yeah, you can look at this both ways

Its bullish because the market just absorbed a ton of selling pressure with a loss far less than you would expect.
Its bearish because there is now less demand for coins than there was 2 weeks ago (with a price higher than expected).

Personally, I think its bearish. I just dont see that, if more of these walls continue to pop up over and over, that they can be absorbed without reducing the price.

However, if this 4k is the absolute last of it? It might just be the recipe for a bubble. Slow slide down as people lose hope, but buying pressure continues to build underneath.. then the realization there are no more dumps coming. Boom. This is pretty much what happened the last few times. Just not to this degree (of dumping).

[JayJuanGee]

There they are...

2k on BFX
2k on Bitstamp

These sellers are real. Back down we go.

You cannot merely determine that sellers are real b/c they show their bitcoins (in the form of walls)...

It would be interesting to see anywhere approaching 1k coins dumped at once and see how far, if at all, BTC prices comes down...

I get the sense that some the bear whale manipulators are running out coins... but some of these bear whale manipulators may be willing to lose money to keep engaging in this ongoing BTC dumping practice.

[JayJuanGee]

here comes the sell walls

bitfinex @480.6

the wall bigger than bigger

 I would LOVE to see someone just eat all the walls at once.  There has to be someone out there that knows where this is going and decides to jump all in.  

It is funny to see when that happens... large purchases without slippage... hehehehe... it must hurt those putting up the walls for show... b/c the tend to NOT really want to sell them as badly as they are creating the appearance of such.