New All Time High soon.

[metstijl]

We are pumping without media attention.
You know what happens when the media fags will notice and promote the pump?
Its gonna get nasty.

[31337157]

We are pumping without media attention.
You know what happens when the media fags will notice and promote the pump?
Its gonna get nasty.

Stay classy, bitcoin.

LOL.

[BitchicksHusband]

We are pumping without media attention.
You know what happens when the media **** will notice and promote the pump?
Its gonna get nasty.

They won't even notice until $1250.

[31337157]

We are pumping without media attention.
You know what happens when the media **** will notice and promote the pump?
Its gonna get nasty.

They won't even notice until $1250.

I'm sure we'll see a few media outlets report on medium gains, but you are right, it would have to be a substantial upward trend before they start going gaga over it again.

[Wandererfromthenorth]

can we have some memes to troll the fools that were comparing BTC to Tulips pls?
That'd be great.

[lay785]

what happened to the wall at 530?

[bitcoinsrus]

what happened to the wall at 530?

[adamstgBit]

what happened to the wall at 530?

it got scared

[jcoin200]

It moved to 550, if that wall breaks, were probably headed to 600

[lay785]

what happened to the wall at 530?

it got scared

Im so confused why it is even put up? How does it help whoever is putting it up and then taking it down?

[rafamadeira]

It moved to 550, if that wall breaks, were probably headed to 600

I would say we are going ATH

[Bitcopia]

It moved to 550, if that wall breaks, were probably headed to 600

I would say we are going ATH

I'd say we have hit the bottom, but if this behaves anything like previous rallies, we still have 2 -3 more months to go before we see increases by an order of magnitude.

[lemfuture]

dont jinx it 

[Dimrain13]

Odd how accurate that this chart was I found a few days ago the "rally" was estimated for this sunday. Let hope that it goes where I think it will. Also it DID start on the day Ebay said paypal is looking into finally implementing BTC into it.

[kireinaha]

what happened to the wall at 530?

it got scared

Im so confused why it is even put up? How does it help whoever is putting it up and then taking it down?

Pssss.... In bitcoinland, we all like to believe that some malicious actor -- often referred to as a "whale" -- manipulates the direction of the market by throwing large "walls" of bids or asks into the order book.

In reality, walls tend to form at nice, even numbers such as $500, $520, $550, etc. Usually this is the combined orders of dozens of different traders... not one large entity. The reason the walls are "taken down" is because the traders who originally put them there are sensing a large momentum and figure that they can bump their orders up or down to extract more profit.

[Bitcopia]

what happened to the wall at 530?

it got scared

Im so confused why it is even put up? How does it help whoever is putting it up and then taking it down?

Pssss.... In bitcoinland, we all like to believe that some malicious actor -- often referred to as a "whale" -- manipulates the direction of the market by throwing large "walls" of bids or asks into the order book.

In reality, walls tend to form at nice, even numbers such as $500, $520, $550, etc. Usually this is the combined orders of dozens of different traders... not one large entity. The reason the walls are "taken down" is because the traders who originally put them there are sensing a large momentum and figure that they can bump their orders up or down to extract more profit.

The wall at $530 was roughly 2,500 BTC. The bulk of it was removed at the same time. You don't think there are plenty of people holding a couple thousand bitcoins to play with? You think they would all refrain from "manipulating" a small, unregulated market? It's not a problem, it's just a reality that we've all gotten used to. It goes away as the market grows.

[kireinaha]

what happened to the wall at 530?

it got scared

Im so confused why it is even put up? How does it help whoever is putting it up and then taking it down?

Pssss.... In bitcoinland, we all like to believe that some malicious actor -- often referred to as a "whale" -- manipulates the direction of the market by throwing large "walls" of bids or asks into the order book.

In reality, walls tend to form at nice, even numbers such as $500, $520, $550, etc. Usually this is the combined orders of dozens of different traders... not one large entity. The reason the walls are "taken down" is because the traders who originally put them there are sensing a large momentum and figure that they can bump their orders up or down to extract more profit.

The wall at $530 was roughly 2,500 BTC. The bulk of it was removed at the same time. You don't think there are plenty of people holding a couple thousand bitcoins to play with? You think they would all refrain from "manipulating" a small, unregulated market? It's not a problem, it's just a reality that we've all gotten used to. It goes away as the market grows.

It's conceivable of course that it was one trader in that instance, but overall, the community tends to jump to these conclusions far too often. It's probably easier to take something complex like the market forces behind a 24/7 global market and summarize them as the actions of one "whale". Also, who would feel safe holding 2,500 BTC on any of these exchanges? Seems like a crazy counter party risk to me.

[kooke]

BTC does tend to go up really quickly whenever it breaks its ATH, but it does seem that there's quite a way to go before we're ready for one of those type of rallies. If we see BTC go up a few hundred dollars in a 2 or 3 days, then we'll know it's happening

[mailmansDOG]

Maybe the prediction in the OP is not based in much data but trust me. It's better than those old graphs with a line pointing to the moon. Even though I don't think It's gonna happen.

[Bitcopia]

The wall at $530 was roughly 2,500 BTC. The bulk of it was removed at the same time. You don't think there are plenty of people holding a couple thousand bitcoins to play with? You think they would all refrain from "manipulating" a small, unregulated market? It's not a problem, it's just a reality that we've all gotten used to. It goes away as the market grows.

It's conceivable of course that it was one trader in that instance, but overall, the community tends to jump to these conclusions far too often. It's probably easier to take something complex like the market forces behind a 24/7 global market and summarize them as the actions of one "whale". Also, who would feel safe holding 2,500 BTC on any of these exchanges? Seems like a crazy counter party risk to me.

I'll agree that some people on here cry whale far too often, mostly newbies. It is crazy to put 2,500 BTC on any of today's exchanges unless you hold 25,000 BTC 

Also, I think that pull was closer to 1,500BTC. That's about .01% (or 1 ten thousandth) of the total BTC in circulation.  It's funny that such a portion is deemed whale and can have any influence in the market, even if it's small. Just goes to show the current lack of liquidity, although I bet that changes soon.