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

[bitranger]

Slow march to the abyss

[criptix]

Actually, this might be genius. Stamp volume has slowed to a crawl, but the other exchanges are still trading. He might be accumulating at $302 everywhere else.

no way he'd be losing a lot more coins then he is buying up anywhere else.

this can't be...

actually no if hes buying from himself on stamp

[Room101]

Us Government selling DPR's coins to crash the dollar competitor? When it comes time for the auction they could just pretend they sold to some shell corporation.

[Kupsi]

The bitcoin price is finally stable.

[derpinheimer]

Actually, this might be genius. Stamp volume has slowed to a crawl, but the other exchanges are still trading. He might be accumulating at $302 everywhere else.

We've already gone over how this is someone who bought coins for $10.. yes, these 40k coins he only paid 400k for. Hes selling.

Yep, going down AFTER wall would eventually be eaten is very, very strong posibility if that wall would be eaten by masses and not in one go or two. There would be literally no money left for any significant rally, only bagholder one.

Looks like he really wants to sell and only hope for that to finish as bullish thing is it being bought with new money.

Exactly my thoughts! If megabullwhale comes across and buys it, then shit, this is at least one solid leg for awhile and the price would probably visit $500+ again by the end of the year, if not way higher.

But if it continues being all the little people throwing a couple bucks at it, then.. down..

Actually, this might be genius. Stamp volume has slowed to a crawl, but the other exchanges are still trading. He might be accumulating at $302 everywhere else.

no way he'd be losing a lot more coins then he is buying up anywhere else.

this can't be...

actually no if hes buying from himself on stamp

ANd he would do that... why? So he can pay a fee on his own coins, to make the market more bullish, and .... god these bulls.. you people need to get some sleep and get out of lala land.

[holzer]

Interesting ask bid on Stamp at 299.99. Every time it goes down below 230, it resets at 248 over and over again.

[fonzie]

We know from a few hours ago that this guy has at least hidden 8000-10000BTC(probably way more) bids on Stamp that do not appear on the orderbook right now.
Those funds are going to "help" make his wall dissappear after that we are ready to shoot up. Call me batshit crazy but that is going to happen.
It´s called upwards manipulation(after accumulation is finished), and it has happened many times before in BTC history. What do you think how many are going to jump in buying overwhelm crazy after that wall has been "eaten". He´s going to give away 10% to the market , rest will be bought by himself, watch these 1-3000 BTC at the end when it´s going down to get near or lower than 10000BTC.
True story.

The wall is too low for him to have enough benefits for that, he did not have enough time to accumulate lower than this. That could happen if he manages to pushes the price down to accumulate, otherwise it's more your bullish bias I'm afraid.

Btw, I want it down a bit though so I might be bear biased too

it´s probably someone with a large stash bought around 10$. He does not care to give away a few thousand for 300$ if he can mange to make the price jump back to 500+. through it.
He at least accumulated a few thousand also on all the other exchanges <~300(Finex + China). He also probably sold and bought back thousand from 600+ downards and increased his BTC stash massive with it.
His main target is to release bullish sentiment, which is going to happen.

I've seen more odd things in btc but I can't see market having power to go to 500$ or close to it after spending 9 millions buying coins from him. Only if fresh money buy it.

It would take 2-3 weeks until we see 500+$. Fresh Fiat is coming in today on Stamp. How much more do you think is going to be wired if we would have an uptrend. People buy like mad when price goes up, story of Bitcoin. And as i said a huge amount of that wall will be bought by himself leaving enough FIAT from the others on Stamp for the next days. He also can sustain the price with the USD made he made by selling. I really don´t think that Stamp orderbook is as empty as published. Only this one Guy has 8000+BTC in bids that he pulled off for now. He´s going to use that money support the rise.

[BlindMayorBitcorn]

I can't believe more people aren't worried about the exchanges...I mean if Bitcoin totally tanks I am thinking most of the exchanges out there will be taking the money and running.

I'd be worried about leaving BTC on Bitstamp right now ... the place is behaving like a sewer ... maybe that's what the WallWhale knows? He tried to move his 30k BTC out of Stamp and it got refused so he's moving as much as he can in fiat before the whole thing freezes everybody's funds up an "no more BTC for you!" time.

Would Stamp do that?

[seleme]

The bitcoin price is finally stable.

it's bit like Forex now, lol

[ChartBuddy]

Explanation

[derpinheimer]

Interesting ask bid on Stamp at 299.99. Every time it goes down below 230, it resets at 248 over and over again.

site must be glitching out, nothing odd happening on bitcoin wisdom.

[Davyd05]

https://www.tradingview.com/v/ipICZoOf/ wow this is pretty interesting play it out to now. I'm willing to imagine a 280 bot 2x what I paid last October.

I'd take 275... this manipulation or bearish sentiment is insane to me..not to say the bears weren't thinkin I was insane since last Oct.

triple self quote since, no1 has responded to this. I gotta (secretly not just a proud hodler but bulltarded) believe this is the bottom...my friend who felt he missed the rise last year is thinking of buying now.

[nanobrain]

LOL @ 250BTC bid wall a penny beneath the 21k ask wall. 

Yes, great isn't it....I think this is confirmation the guy isn't a genuine seller ie...he would have gulped that down (unless he has gone off to restock on coke and hookers )

[blade87]

Actually, this might be genius. Stamp volume has slowed to a crawl, but the other exchanges are still trading. He might be accumulating at $302 everywhere else.

Actually it's 305-308 now. That would be some plan though - sell at 300 at stamp, accumulate at 305 elsewhere, sounds pro

Depends. If he can accumulate way more at other exchanges than he sells at Stamp, his goal is achieved. (If that is his goal)

Whale won't care about $2-$10 per BTC when in the bigger scheme the price moves much, much, MUCH more.

[bahamapascal]

I can't believe more people aren't worried about the exchanges...I mean if Bitcoin totally tanks I am thinking most of the exchanges out there will be taking the money and running.

Exchanges can give a Fu** what the price of Bitcoin is, all they care about is volume. Right now the exchanges are making a fortun

[podyx]

LOL @ 250BTC bid wall a penny beneath the 21k ask wall.  

[seleme]

Interesting ask bid on Stamp at 299.99. Every time it goes down below 230, it resets at 248 over and over again.

Only rational explanation is that it's his wall. than, nobody is selling into it so that's not rational too.

This might be the most craziest thing I've seen in Bitcoin so far.

[adamstgBit]

[holzer]

Interesting ask bid on Stamp at 299.99. Every time it goes down below 230, it resets at 248 over and over again.

site must be glitching out, nothing odd happening on bitcoin wisdom.

It happened when watching bitcoinwisdom a few times in a row but now seems to have stopped.

[TsuyokuNaritai]

Anyone know what time, CET, that fiat gets credited to stamp accounts on Mondays?

Bump. Any time zone will do.