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

[zakalwe]

Lololol this situation is simply ridiculous. He's obviously waiting for fiat .....I just wonder who's selling having seen the wall. Bah.

[noobtrader]

Now i'm sure it even is obvious to noobs that this isn't a legit seller.

yes bro, its too obvious, he lost his pearl and angry so he put those wall.

[ShroomsKit]

I feel like I'm on Cryptsy watching an alt coin pump and dump. Somebody put an end to this!

This is getting ridiculous yes.

no, just you.

you are the real weak hand.

sending back coins from cold storage already?

lol

Weak hand? Because i bought at 280? You make a lot of sense.
Welcome to my ignore list.

[prophetx]

Up for a ride again

This is fun

Maybe what he's trying to do is show how easily the bitcoin market can be manipulated and "hurt" bitcoin in that way.
Don't see why he would do that when he's holding 30k btc though..

Maybe he is a Rothschild and just wants to fuck with your minds for the lulz

[fonzie]

The spirit of Gox is alive. Lovin it. BTC is alive. Fuckin huge walls, massive swings, trading like a maniac, hell yeah.

[podyx]

I think everybody is just sitting and waiting till he removes his wall so we can bounce

[Nemesis]

I'm sure my fellow old timers remember.... THE MANIPULATOR! This stuff is 2011 nostalgia.

 

[N12]

The spirit of Gox is alive. Lovin it. BTC is alive. Fuckin huge walls, massive swings, trading like a maniac, hell yeah.

Fucking awesome.

[heri]

Might as well call him manbearpig.

[keewee]

The spirit of Gox is alive. Lovin it. BTC is alive. Fuckin huge walls, massive swings, trading like a maniac, hell yeah.

Ahh the good old days 

[spooderman]

lol dat wall

what is the correct analysis of an ask wall that size?

Bearish because many btc to be sold?

Bearishbecause it all belongs to one guy?

Bullish because that one guy is alerting us to the fact that it's only him that desires the price to fall?

Generally I feel it will just grind the market to a halt as everyone is too afraid to attempt to make an informed decision because the market is obviously dancing to the tune of one person.

Maybe it's there to bring about some peace?

[bzzard]

This time it's smaller by 2k

[podyx]

[fonzie]

He´s again market buying everything below his walls. These coins he buys won´t be for resell in the near time. When he´s done and leaves the playground Bitstamps ask side might look like a desert.

[gnode]

I hate to leave just in case somebody takes out his sell order!  

Of course if it happens, he might be just buying his own coins.

[Ivanhoe]

This time it's smaller by 2k

Probably because he dumped some to ignite panic.

[Mervyn_Pumpkinhead]

3 years ago, 30k BTC was easily a sum that could be earned by an mediocre SR drug dealer.

It's all an exciting world of conspiracies for the average bitcoiner. All the drops surely have to be apart of some bigger scheme, that probably involves key power players of global magnitude.
This is all exciting and fun!
It would be boring to just admit that the big majority of bitcoins are held by unknown people with unknown intentions. Because you would have to remember, that only a small fraction has been publicly claimed, with also stating the owners intentions.

[JorgeStolfi]

Meanwhile the dwarves keep up the hard work
https://blockchain.info/en/charts/hash-rate

Crazy.

miner need to eat too you know

Beware: that chart is buggy, the last data point is often garbage.  And there is no one at blockchain.info to fix it, apparently.

[David M]

I hate to leave just in case somebody takes out his sell order!  

If someone lifted that wall, AFAIK that would be largest "public" exchange trade in Bitcoins history.

[Schickeria]

I love this Wild West Market.