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

[adamstgBit]

now ~1h 30mins since the gr8 wall of stamps appeared

>6K BTC have been bought off it

[surfer43]

Possibly both wall are put up by the same person, trying to scare the speculators to sell into his smaller buy wall, so far some 100 coins were collected, but at the same time the sell war shrinked by 1000, so this is not running well now

There is a 100% chance this is the case.

[derpinheimer]

OMG ONCE IT HITS 19,999.99 ITS OVER. THAT WALL IS GONNA FALL LIKE THE LEANING TOWER OF PIZZA

Do you honestly think he will leave it there until it is eaten?
He has pulled the wall twice already, 3 times if you include his bid walls.



I was called a bear earlier for saying the Huobi wall at 2000 wouldn't survive (and couldn't even accept the 60 btc bet before the wall was gone...literally 5 minutes), then I get called a bulltard for wondering how long the whale would leave his wall in place this time.  Ever hear of pragmatism, people?

At the rate people are nibbling on it? Maybe. But more likely he removes it again, lets bulltards build up more walls on $300, and then does a final mark sell down to $250 or so where he sells the rest of the wall.

[nanobrain]

Saw this over on ToF...interesting stuff for those who claim mining ops aren't over-extended


Also, this comment from Goat

bitstamp will notice this, who would risk 35k btc on a site where it could be locked down? my bet this is an old school whale who is friends or even an owner of bitstamp. i highly doubt its stolen funds. this is a big boy play.

[JustAnotherSheep]

Pardon the shittyshop

[blade87]

Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?

[blacky90]

do you believe this is the bottom??
because i am worried to sleep

[phosphorush]

Only 10 BTC missing for me to have enough BTC to buy the entire wall in one go, so send me 10 BTC and I'll do it

[derpinheimer]

Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?

Never this stable, no... its prettty eerie LOL

Only 10 BTC missing for me to have enough BTC to buy the entire wall in one go, so send me 10 BTC and I'll do it

I dont think thats how it works  

do you believe this is the bottom??
because i am worried to sleep

At this point, why sell? I wish you luck. Maybe put an ask order at $340 if you are really worried.

[seriouscoin]

Buy that wall down! ...... THIS IS SPARTAN!

[adamstgBit]

Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?

no this has literally never happened b4

this is one of the, if not THE most expensive wall i have ever seen, there have not be many 5million+  walls,  maybe like 5-10 of them this year, every time market has eaten them, every time.

this wall is HUGE

[InternetExpert]

This could end very badly for Bitstamp. If the buying slows down enough from most of the traders on Bitstamp exhausting their supply of dollars, Mr. 30k might keep reducing his ask price until he has sold through most of the order book. That would leave everyone else on Bitstamp with lots of bitcoin and only enough dollars to support a far lower price (probably under $100). At that point, people would rush to move their bitcoins to a different exchange to sell them. The only things that would prevent this from happening are a lot of dollars that aren't currently being used for any orders or the 20k wall being bought very quickly or pulled.

[adamstgBit]

20.18K

[heartastack]

Glad to be living through this. I missed nearly every other significant BTC event. The theories are amazing.

I am entertained. Bravo

I'll wager that this action attracts many new traders tbh

[KFR]

Epic indeed.  It's like the Berlin wall.  You want to take a piece of it just as a souvenir.

[mooncake]

In the midst of the 30,000BTC wall frenzy, I want to ask why everyone is buying into that wall? Aren't we suppose to be in a bear market now?

Sell sell sell!

[chriswilmer]

Saw this over on ToF...interesting stuff for those who claim mining ops aren't over-extended


Also, this comment from Goat

bitstamp will notice this, who would risk 35k btc on a site where it could be locked down? my bet this is an old school whale who is friends or even an owner of bitstamp. i highly doubt its stolen funds. this is a big boy play.

A quote from Goat? Where is he posting these days?

[JayJuanGee]

NOT another selfie?        

[adamstgBit]

do you believe this is the bottom??
because i am worried to sleep

bottom was 280 early today, i missed it  .

[heartastack]

lol @ the bot-buyer every 10 seconds for 0.0501 btc. Hopefully the owner isn't asleep...