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

[cypherdoc]

sellers, don't jump in front of the wall. he won't crash the price. once it's eaten (unless he runs first), it's off to the races.

[hyphymikey]

So who here remembers the 10K wall around $270 before the last bubble? That was so fun to watch when someone bought the whole thing. Maybe this is another "meeting" of a buyer and seller, unless they just want to sell what they have left the smart way, because dumping would bring us around 0.

I do remember that. Could have eaten his own wall though.


Just remember this: This wall is soaking up every last USD on bitstamp. This is gonna cause big issues in the future.. where BFX, Huobi, and OKCoin are still full of buyers are Bitstamp is completely void of anything but bagholders. Could be a blessing in disguise that he didnt split these coins across multiple exchanges. Or, it could just end really badly if bitstamp ends up dumping hard.

Arbitrage will take care of that Monday. Along with new fiat coming in. If anybody wants a huge stash of BTC for around $300 a pop is probably in a hurry to rush money to stamp.

[heartastack]

So who here remembers the 10K wall around $270 before the last bubble? That was so fun to watch when someone bought the whole thing. Maybe this is another "meeting" of a buyer and seller, unless they just want to sell what they have left the smart way, because dumping would bring us around 0.

I do remember that. Could have eaten his own wall though.


Just remember this: This wall is soaking up every last USD on bitstamp. This is gonna cause big issues in the future.. where BFX, Huobi, and OKCoin are still full of buyers are Bitstamp is completely void of anything but bagholders. Could be a blessing in disguise that he didnt split these coins across multiple exchanges. Or, it could just end really badly if bitstamp ends up dumping hard.

He's not being dumped under. This is fascinating. Makes me think this whole 'crash' was due to one person. He's reached his profit goal, probaby on a week of no sleep and thinking fukit have me at 300 Xerxes!

[adamstgBit]

just have to make a few calls brb.

[nanobrain]

Mr Wall is breaking http://btccharts.com/ .....LOL

Phew...sold at 320.....so next reentry point folks?

[fonzie]

[gnode]

Well something to add to the stories to tell your kids/grandkids!

[spooderman]

edit: this was a picture of someone saying

"This fucking guy"

[hyphymikey]

If this guy really does just want to sell, why is going about it in such a retarded way to pretty much gaurentee the lowest possible profit?

Maybe nobody is willing to buy them for more than $300. They are just trying to find the sweet spot. Or maybe they have an arrangement with a buyer to use stamp as a middle man to buy 20K+ coins, and they don't trust each other enough to do it OTC.

[abercrombie]

Im extremely bearish, have been since $600.. but I'm not selling. I lost abt 50% of my coins on MtGox and 10% on alts. Whats left isnt significant enough for me to worry. If it goes up, I'm happy. I just dont see it happening.

Plus, most of my coins are from mining in the early years, and I made quite a bit daytrading earlier this year...  so any price = gains for me. But I wont sell.

Alright, you won't buy any more coins then?

No. I really doubt that the price wont rebound at some point in time to maybe $500, possibly $1000, but to me the end game is always double digits.. its just a matter of how long the ship can float. But again, bitcoin is like a lottery ticket to me.. with much better odds.

No manipulation?

Give me a break man!

Hes already sold 10k coins man... hes serious about selling.

Fake walls move up as bids move, this one looks real.  It actually sold a bunch already.

[JorgeStolfi]

Looks rubbish, can't understand why people are trying to pump it. CCN ran a story about how 400 EU banks now allow you to buy bitcoin whilst not mentioning that such a claim is complete bullshit. It's like saying "VISA now support bitcoin because you can use your card on Circle"

Mainstream media is struggling to make ends meet, and resorted to prostitution.  Even respected newspapers liek the NYT are now publishing "native advertising" -- paid advertising that looks like news.

[adamstgBit]

It seems that people just refuse to sell at these levels now

expect shroomie

[vuduchyld]

It seems that people just refuse to sell at these levels now

expect shroomie

So .45 BTC sold into the wall...pfft

[adamstgBit]

no other massive wall on the front line anywhere...

even btc-e is >300

[nanobrain]

Looks rubbish, can't understand why people are trying to pump it. CCN ran a story about how 400 EU banks now allow you to buy bitcoin whilst not mentioning that such a claim is complete bullshit. It's like saying "VISA now support bitcoin because you can use your card on Circle"

Mainstream media is struggling to make ends meet, and resorted to prostitution.  Even respected newspapers liek the NYT are now publishing "native advertising" -- paid advertising that looks like news.

Yep, even the Guardian (that bastion of UK liberalism) prints 'green' stories but then runs 'sponsored' stories by large energy companies.
Mainstream media is in trouble.

[TeeBone]

put massive bids in at $1-99 in case he gets impatient  

[podyx]

put massive bids in at $1-99 in case he gets impatient  

Lol that would be cray!

I will do that when my fiat arrives

[TsuyokuNaritai]

Fake walls move up as bids move, this one looks real.  It actually sold a bunch already.

Maybe wallzilla's net went down. He'll get back on tomorrow after everyone's fiat has arrived at stamp and find himself with no coins and a pocketfull of govpaper screaming at a runaway train.

[Malin Keshar]

no other massive wall on the front line anywhere...

even btc-e is >300

less than a dollar for sub 300

[bahamapascal]

Just not sure if there even is enough Money on Stamp to aktually eat the whol wall....