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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382239 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Davyd05
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October 23, 2014, 06:37:00 AM

did it not only drop 15 bucks? why are we flipping our lids ..however I'd like to see proper drop instead of the manipulated ones, It seems more or less a bunch of shorts close at 8-12pm on http://www.bfxdata.com/combined/btc.php then dumping..to what encourage shorts to reopen?
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October 23, 2014, 06:44:40 AM

...and now back to 394...and on and on and on Roll Eyes
noobtrader
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October 23, 2014, 06:58:57 AM

more bearwhale Huh ar u kiddin me
ChartBuddy
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October 23, 2014, 07:00:45 AM


Explanation
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October 23, 2014, 07:13:55 AM

more bearwhale Huh ar u kiddin me

It's normal. If we went up right now, it would crash right back down because the support is weak.
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October 23, 2014, 07:15:59 AM

Ok taking a small short here just to hedge my position. Looks like this might be the break we are looking for
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October 23, 2014, 07:18:21 AM

just ride the waves and its all good. We are just gearing up for the next leg up.
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October 23, 2014, 07:37:40 AM

Can someone point to me the wall that everyone talks about? I know the page that shows the sells and buys, but Id like to see the actual walls.

what we need is a huge world financial crisis.. Cyprus x1000 that will get btc going...

Yeah, we need the whole world to go to shit just so your 5 coins will be worth more. That would make you happy wouldn't it.
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October 23, 2014, 07:40:22 AM

Just  a test if it would move up to the $385 range again

If we could recover, we'll probably get a straight pump to $400+
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October 23, 2014, 07:41:30 AM

Just  a test if it would move up to the $385 range again

If we could recover, we'll probably get a straight pump to $400+

I don't know , but I hope to see the price of bitcoin another time to : 500 $  Cheesy .
ShroomsKit
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October 23, 2014, 07:42:16 AM

just ride the waves and its all good. We are just gearing up for the next leg up.

How's that? We've been going down for the biggest part of the year. So many here act like it's guaranteed we will go up. Why? Because it happened in the past?

Bitcoin has been around for 5 or 6 years and this year is the worst. It's failing. It's used for nothing other than some traders having fun with it.
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October 23, 2014, 07:43:21 AM

Just  a test if it would move up to the $385 range again

If we could recover, we'll probably get a straight pump to $400+

No. We will simply get more dumps. You still don't see the situation we're in?
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October 23, 2014, 07:45:13 AM

Just  a test if it would move up to the $385 range again

If we could recover, we'll probably get a straight pump to $400+

No. We will simply get more dumps. You still don't see the situation we're in?

its rocket fuel, shroomy. The longer we are held at this price, the more explosive the rise will be. We will get a rise up to the mid 400s in a few weeks. Just gotta be patient and trade these waves or load up at this price, depending on the amount you are looking at.
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October 23, 2014, 07:46:06 AM

Just  a test if it would move up to the $385 range again

If we could recover, we'll probably get a straight pump to $400+

No. We will simply get more dumps. You still don't see the situation we're in?

its rocket fuel, shroomy. The longer we are held at this price, the more explosive the rise will be. We will get a rise up to the mid 400s in a few weeks. Just gotta be patient and trade these waves or load up at this price, depending on the amount you are looking at.

Why? What is this based on?
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October 23, 2014, 08:00:45 AM


Explanation
octaft
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October 23, 2014, 08:04:45 AM

Can someone point to me the wall that everyone talks about? I know the page that shows the sells and buys, but Id like to see the actual walls.

what we need is a huge world financial crisis.. Cyprus x1000 that will get btc going...

Yeah, we need the whole world to go to shit just so your 5 coins will be worth more.

Call him a troll all you want, he does kind of have a point with this one.
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October 23, 2014, 08:11:02 AM

Am I the only one noticing substantial hidden buy orders on Bitfinex being sold into? More than 1k bought that way as of now.
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October 23, 2014, 08:13:30 AM
Last edit: October 23, 2014, 08:25:13 AM by janos666

Diarrheal dumping resumed? This could turn into an ugly bloodbath if allowed to continue for too long.
I do have a short position opened but it would still make me sad to see <300$ again.

Am I the only one noticing substantial hidden buy orders on Bitfinex being sold into? More than 1k bought that way as of now.

Yeah, Bitfinex is interesting. There is almost zero activity during the boring hours and then relatively huge volume spikes appear along with tall price candles. There is probably some legit activity generated by stop orders and some margin calls (which is perfectly normal to fall outside of the public orderbook and happen almost instantly) but it could be easily mixed with some high frequency bot activity (something must jumpstart and stimulate the legit internal frenzy).
dakota neat
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October 23, 2014, 08:15:34 AM

Bitfinex smells fishy
Zolly
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October 23, 2014, 08:17:35 AM

$368 support broken on bitstamp. I think this will get nasty..
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