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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 26364210 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.)
podyx
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October 05, 2014, 08:31:40 PM

This is just beautiful

It is art to be honest!
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pjviitas
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October 05, 2014, 08:32:30 PM

Watching the markets crash and burn is kind of hypnotic...kind of like watching a fire...mesmerizing!
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October 05, 2014, 08:33:11 PM

FLASH CRASH NOW!!!!
noobtrader
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October 05, 2014, 08:33:38 PM

This is just beautiful

It is art to be honest!

this is joke, he is making fun of bitcoin and show how bitcoin has no real backer. and he do it in weekend, do this tommorow if you dare bearwhalemen
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October 05, 2014, 08:35:38 PM

Nice jump from $275 Smiley maybe not over YET !
bitcodo
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October 05, 2014, 08:36:08 PM

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.

Worrisome fact.
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October 05, 2014, 08:36:18 PM

That 30K wall is Draper cutting his losses.
blade87
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October 05, 2014, 08:36:24 PM

He's going to have to dump again because there is some upward pressure.
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October 05, 2014, 08:36:51 PM

That 30K wall is Draper cutting his losses.

no
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October 05, 2014, 08:37:21 PM

http://bitcoinpricelive.com/chinese-bitcoins-crash-market/

Did I miss any discussion of this article?  Looks like kind of a reverse Willy hypothesis.  It would certainly be one explanation for what looks like downward manipulation.

The old fractional reserve proposition. We will never know for shure, but luckily we have many bourses now, not just one.
podyx
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October 05, 2014, 08:39:34 PM

I think we will start chewing into that massive wall if it doesn't get removed sooner or later

Might take a few days though
tbcoin
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October 05, 2014, 08:40:16 PM

That 30K wall is Draper cutting his losses.

No

https://blockchain.info/address/1a8LDh3qtCdMFAgRXzMrdvB8w1EG4h1Xi
myworkaccount
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October 05, 2014, 08:40:41 PM

I think we'll see a test pump this week
criptix
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October 05, 2014, 08:40:46 PM

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

True, it happened already, but glitched always to the downside and in a much dramatic way. This one seems plausible (still scary)


check coinorama, go to the 1 day chart, some farms went online yesterday/today and broke 500 ph/s o_O

btw. if you look at stamp, i see pretty much only buys. with a ratio of like 20+ btc buys to 1 btc sell, what does this mean?  Cheesy
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October 05, 2014, 08:41:22 PM

I think we will start chewing into that massive wall if it doesn't get removed sooner or later

Might take a few days though

I'm thinking he might of screwed up. He took it down to the previous ATH when he should have just plowed through it while there was no buy support around it. Maybe he was hoping the market was going to take over. Now it's filling in and going to be more difficult to get it down there. Or maybe he bought all those coins at $2XX. Or maybe he just letting support fill in so he can dump more. Ugh, whale games.
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October 05, 2014, 08:42:10 PM

I think we will start chewing into that massive wall if it doesn't get removed sooner or later

Might take a few days though
That wall want be there once new fiat arrives on the exchange
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October 05, 2014, 08:42:13 PM

The great dumpers should be required to write their intensions into the 90 day moving average, just to help the chartists make their daily coins!
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October 05, 2014, 08:43:17 PM

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

True, it happened already, but glitched always to the downside and in a much dramatic way. This one seems plausible (still scary)


check coinorama, go to the 1 day chart, some farms went online yesterday/today and broke 500 ph/s o_O

btw. if you look at stamp, i see pretty much only buys. with a ratio of like 20+ btc buys to 1 btc sell, what does this mean?  Cheesy

It means the wall owner is buying below 320
prophetx
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October 05, 2014, 08:43:43 PM

The great dumpers should be required to write their intensions into the 90 day moving average, just to help the chartists make their daily coins!


hopefully he will an AMA on  /r/bitcoin when he is finished with whatever he is doing
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October 05, 2014, 08:44:17 PM

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