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

[NotLambchop]

...
Seems like you are just seeking a reaction, such as:  "ewe gross!!!!!"...

Incisive and thought-provoking, but needs more words.

[Thomas-s]

Everyone happy again? After months of going down we got the first sign of a trend reversal and you right away dump the shit out of the market to make a few bucks. And the uptrend is over.
As always well done traders.

Back to months of bear market and daily posts here wondering why we aren't going up anymore.

Idiots.

Why arent you shorting?
Idiot.

He's too stupid for that, that's why he's crying all day.

[razorramon]

Everyone happy again? After months of going down we got the first sign of a trend reversal and you right away dump the shit out of the market to make a few bucks. And the uptrend is over.
As always well done traders.

Back to months of bear market and daily posts here wondering why we aren't going up anymore.

Idiots.

Why arent you shorting?
Idiot.

i don't think s/he has the nerves for that...especially right now dumping is crazy in my opinion

[derpinheimer]

If someone is trying to close a short, will it show as a bidwall at the closing price?

Also, a 1k short with 2:1 leverage would act as a 2k wall??

[fonzie]

If someone is trying to close a short, will it show as a bidwall at the closing price?

Also, a 1k short with 2:1 leverage would act as a 2k wall??

Correct

[njcarlos]

Everyone happy again? After months of going down we got the first sign of a trend reversal and you right away dump the shit out of the market to make a few bucks. And the uptrend is over.
As always well done traders.

Back to months of bear market and daily posts here wondering why we aren't going up anymore.

Idiots.

You are stupid annoying, 24/7 bitching. It wasn't a damn trend reversal, it was just some whale blowing his load on a market order. The same whale that's desperately attempting to absorb the selling pressure. You really should consider leaving BTC for a year or two, you're coming across super emotionally unstable at all times. Either manic with optimism or pessimism.

[600watt]

we will pass 400 level on oct 14th

[JayJuanGee]

...
Seems like you are just seeking a reaction, such as:  "ewe gross!!!!!"...

Incisive and thought-provoking, but needs more words.

Like a wall of words?  Ok...  I should NOT let you distract me with such silliness.   

[derpinheimer]

If someone is trying to close a short, will it show as a bidwall at the closing price?

Also, a 1k short with 2:1 leverage would act as a 2k wall??

Correct

Cool, thanks.

I guess this may explain the endless bidwalls on bfx, but also why they seem to have no trouble crushing them (New shorts?)

There is 7m$ on $290; or 85% of the entire orderbook! Must be people's shorts closing?

Is there any chance of a long squeeze if the price continues to drop?

[ChartBuddy]

Explanation

[fonzie]

If someone is trying to close a short, will it show as a bidwall at the closing price?

Also, a 1k short with 2:1 leverage would act as a 2k wall??

Correct

Cool, thanks.

I guess this may explain the endless bidwalls on bfx, but also why they seem to have no trouble crushing them (New shorts?)

There is 7m$ on $290; or 85% of the entire orderbook! Must be people's shorts closing?

Is there any chance of a long squeeze if the price continues to drop?

It´s kind of a revolving door or a death spiral for the price of BTC/USD until the amount of "real" buyers gets bigger, at that point shorters are going to have problems closing their shorts. 

[derpinheimer]

It would seem to me that the shorters have pushed the price down, but created a floor at @
$300, so they're pretty damn screwed unless, as you say, a revolving door occurs and just moves the floor down...( New shorts fill old shorts, etc )

Somethings gotta give. I fear, perhaps irrationally, that a long squeeze will wipe out the books.

[Thomas-s]

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=180days&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

[Davyd05]

if its a repeat we'll pierce 355 and bounce/

but I really don't know what the market wants to do anymore it's fun to just watch it unfurl.

[mooncake]

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=180days&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

From the 30k sell wall perhaps?

[ShroomsKit]

Everyone happy again? After months of going down we got the first sign of a trend reversal and you right away dump the shit out of the market to make a few bucks. And the uptrend is over.
As always well done traders.

Back to months of bear market and daily posts here wondering why we aren't going up anymore.

Idiots.

Why arent you shorting?
Idiot.

He's too stupid for that, that's why he's crying all day.

Welcome to my ignore list. Idiot.

[derpinheimer]

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=180days&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

This chart doesn't seem to match the non custom ones from that site.

[Wandererfromthenorth]

If you didn't get it, it's not too late to dump.

[tarmi]

Everyone happy again? After months of going down we got the first sign of a trend reversal and you right away dump the shit out of the market to make a few bucks. And the uptrend is over.
As always well done traders.

Back to months of bear market and daily posts here wondering why we aren't going up anymore.

Idiots.

Why arent you shorting?
Idiot.

He's too stupid for that, that's why he's crying all day.

+1 internet

that...thing...is so fucking annoying and stupid that it is pretty much obvious he is the biggest bag hodler here.

[derpinheimer]

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=180days&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

This chart doesn't seem to match the non custom ones from that site.

It looks like you smoothed it. Here is same chart with 1 year filter and no smoothing
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=180days