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

[mooncake]

[JayJuanGee]

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

That seems too bullish and optimistic.

What about if he is holding back a sizeable quantity of BTC 5k to 15k BTC and he is exhausting all if NOT most of the fiat on stamp, and then at or near the time that his wall gets eaten, he forces the price down further - another $40 to $50. .then puts up another wall while he accumulates at that lower price?  too complicated?  and of course I am speculating, too.

[billyjoeallen]

What the hell? Why is this whale dumping on Stamp? Where's the BFX love?

Is there any news associated with this crash, anyway?

[vuduchyld]

I picked up 2 just now. What was the immediate aftermath of the 2013 GoxWall?

You shoulda asked right BEFORE buying, not AFTER!

[nanobrain]

Uh oh...someone selling infront of the wall, someone's nerve has broken.

Next hour is critical :D

[explorer]

Explanation

Its good to see ChartBuddy off his meds for more than an hour at a time 

[solex]

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

This wallzilla whale dude is torching money by selling in this way.

Basically, we are watching a replay of this: K Foundation Burn a Million Pounds

[KFR]

China not perturbed by giant walls.  Funny that.

[blade87]

Someone just moved in front of the wall?

[nanobrain]

I wonder if he goes "fuck it" and sticks in a market sell like last night: that would take us down to under $50 plus the panic sells, probably single figures.

If he wanted to destroy BTC, he could.  So, I think we can actually discount that theory.

[Boxman90]

This wallzilla whale dude is torching money by selling in this way.

Basically, we are watching a replay of this: K Foundation Burn a Million Pounds

The guy walks off with 8 million $ while having spent pennies.
Clearly burning money :/

[heartastack]

I wonder if he goes "fuck it" and sticks in a market sell like last night: that would take us down to under $50 plus the panic sells, probably single figures.

If he wanted to destroy BTC, he could.  So, I think we can actually discount that theory.

Indeed, it is surprising how much can be communicated to traders with what he's doing.

[solex]

This wallzilla whale dude is torching money by selling in this way.

Basically, we are watching a replay of this: K Foundation Burn a Million Pounds

The guy walks off with 8 million $ while having spent pennies.
Clearly burning money :/

Could have walked off with a couple of million more by drip-feeding into rallies. Not a hell of a lot of extra work.

[podyx]

I don't wanna sleep
I should of gone to sleep hours ago but this fucking guy is messing it up

[adamstgBit]

This wallzilla whale dude is torching money by selling in this way.

Basically, we are watching a replay of this: K Foundation Burn a Million Pounds

The guy walks off with 8 million $ while having spent pennies.
Clearly burning money :/

Could have walked off with a couple of million more by drip-feeding into rallies. Not a hell of a lot of extra work.

he must be hoping market take some % of his wall, give up and start trading lower, so then he can buy back cheaper.

[knight22]

[Richy_T]

The progress of this thread towards page 9999 has accelerated massively. I smell manipulation.

[adamstgBit]

19.63K

[serenitys]

This wallzilla whale dude is torching money by selling in this way.

Basically, we are watching a replay of this: K Foundation Burn a Million Pounds

The guy walks off with 8 million $ while having spent pennies.
Clearly burning money :/

Could have walked off with a couple of million more by drip-feeding into rallies. Not a hell of a lot of extra work.

he must be hoping market take some % of his wall, give up and start trading lower, so then he can buy back cheaper.

Please explain.

I'm not seeing the logic or sense in selling 30k bitcoin at 300, driving the price down and then buying it back up for 200 or whatever. Why not just keep it and help push the price UP?

[adamstgBit]

This wallzilla whale dude is torching money by selling in this way.

Basically, we are watching a replay of this: K Foundation Burn a Million Pounds

The guy walks off with 8 million $ while having spent pennies.
Clearly burning money :/

Could have walked off with a couple of million more by drip-feeding into rallies. Not a hell of a lot of extra work.

he must be hoping market take some % of his wall, give up and start trading lower, so then he can buy back cheaper.

Please explain.

I'm not seeing the logic or sense in selling 30k bitcoin at 300, driving the price down and then buying it back up for 200 or whatever. Why not just keep it and help push the price UP?

profit?

if it works he can slowly buy back wtv amount of coins are bought from his wall and have like 1million dollars extra