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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1811560 times)
sublime5447
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March 02, 2013, 08:58:18 PM
 #11941

No facts to back this up this is purely a guess on my part. I know I am going to hear a lot of shit about this post, but this is what my gut tells me.
A hand full of people are pushing the market up slowly to make it more believable.

 
thefiniteidea
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March 02, 2013, 10:05:48 PM
 #11942

No facts to back this up this is purely a guess on my part. I know I am going to hear a lot of shit about this post, but this is what my gut tells me.
A hand full of people are pushing the market up slowly to make it more believable.

 

Well, the moments where the price drops are the moments which I am happiest buying Bitcoins. I agree that certain people are also buying, driving the price up. I don't know who these people are either, but I also don't care. Naturally, we would expect this to happen, and I am  happy that there are people like me. I can not blame them for buying, I do it myself. Smiley

conspiracy or not, I don't care. I believe anyway Smiley that's the whole point. That's why were here. Bitcoin was designed so that we can believe, regardless of popularity :-)
Ichthyo
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March 03, 2013, 01:20:40 AM
 #11943

No facts to back this up this is purely a guess on my part. I know I am going to hear a lot of shit about this post, but this is what my gut tells me. A hand full of people are pushing the market up slowly to make it more believable.

I too get the feeling that there are somewhat larger players also pushing the market up, not just down. Since currently the bulls are in the majority here, we're all paying way more attention to the ask walls. But there are constantly these 1000 sized support walls, below, which are moved up slowly. Whenever there is a market dip action, they get pulled away very quickly, just to reappear below once the ripples have ceased.

Now, this could be a group of people trying to push the market up, thereby competing with a group of bears.
But it could as well be someone trying to take some constant profit from the bounces. Placing walls above and below can be a comparatively risk-less short-time strategy, when not wanting to go either side exclusively. Just need to assure you pull the walls quickly whenever any kind of stronger market action arises. You could even plant the walls just as guide and place your real offers of smaller size in between.
(ok, there remains the risk that someone similarly capable just swallows one of your walls all at once)
oakpacific
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March 03, 2013, 02:01:52 AM
 #11944

No facts to back this up this is purely a guess on my part. I know I am going to hear a lot of shit about this post, but this is what my gut tells me.
A hand full of people are pushing the market up slowly to make it more believable.

 

Not unlikely, we even have probably one of these guys in this thread!

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
zoinky
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March 03, 2013, 04:05:16 AM
 #11945

420
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March 03, 2013, 05:20:09 AM
 #11946

No facts to back this up this is purely a guess on my part. I know I am going to hear a lot of shit about this post, but this is what my gut tells me. A hand full of people are pushing the market up slowly to make it more believable.

I too get the feeling that there are somewhat larger players also pushing the market up, not just down. Since currently the bulls are in the majority here, we're all paying way more attention to the ask walls. But there are constantly these 1000 sized support walls, below, which are moved up slowly. Whenever there is a market dip action, they get pulled away very quickly, just to reappear below once the ripples have ceased.

Now, this could be a group of people trying to push the market up, thereby competing with a group of bears.
But it could as well be someone trying to take some constant profit from the bounces. Placing walls above and below can be a comparatively risk-less short-time strategy, when not wanting to go either side exclusively. Just need to assure you pull the walls quickly whenever any kind of stronger market action arises. You could even plant the walls just as guide and place your real offers of smaller size in between.
(ok, there remains the risk that someone similarly capable just swallows one of your walls all at once)

that just sounds like general trading practices

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420
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March 03, 2013, 11:58:01 AM
 #11947

no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
Digigami
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March 03, 2013, 12:02:29 PM
 #11948

narousberg
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March 03, 2013, 12:04:24 PM
 #11949

this is sunday

I AM NOT SELL MY BITCOINTALK ACCOUNT !!!
420
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March 03, 2013, 12:12:17 PM
 #11950

this is sunday

most of that volume was still saturday USA time

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lebing
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March 03, 2013, 12:18:47 PM
 #11951

this is sunday

most of that volume was still saturday USA time

this is usually selling time, but noone wants to sell, hence low volume.

Bro, do you even blockchain?
-E Voorhees
narousberg
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March 03, 2013, 12:29:01 PM
 #11952

this is sunday

most of that volume was still saturday USA time

this is usually selling time, but noone wants to sell, hence low volume.
i am not sell to. My bet is: bitcoin will go  "UP" (100$ end of this year)

I AM NOT SELL MY BITCOINTALK ACCOUNT !!!
oakpacific
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March 03, 2013, 12:44:01 PM
 #11953

no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Piper67
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March 03, 2013, 12:50:30 PM
 #11954

no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

Bitcoin's going to DIE? Shit, sell everyone, SELL SELL SELL!
narousberg
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March 03, 2013, 01:17:30 PM
 #11955

no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

Bitcoin's going to DIE? Shit, sell everyone, SELL SELL SELL!
This is bears propaganda! You guys want cheap coins? Go to mtgox. You have last oportunity to buy under 35$ )))))))

I AM NOT SELL MY BITCOINTALK ACCOUNT !!!
narousberg
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March 03, 2013, 01:25:55 PM
 #11956

no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin
It's called consolidation! then next JUMP

I AM NOT SELL MY BITCOINTALK ACCOUNT !!!
xxjs
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March 03, 2013, 01:43:02 PM
 #11957

Low volume means most people are happy with their positions.

So where are all the newly enlightened users?
oakpacific
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March 03, 2013, 01:50:07 PM
 #11958

no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

Bitcoin's going to DIE? Shit, sell everyone, SELL SELL SELL!
This is bears propaganda! You guys want cheap coins? Go to mtgox. You have last oportunity to buy under 35$ )))))))

No no, it should be "last chance to sell under $35!" Coz there ain't no chance you could sell it cheaper on Mt.Gox anymore! Saw that wall in Saturday?  Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
narousberg
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March 03, 2013, 02:15:17 PM
 #11959

now ask wall over 3k)))

I AM NOT SELL MY BITCOINTALK ACCOUNT !!!
oakpacific
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March 03, 2013, 02:21:15 PM
 #11960

now ask wall over 3k)))

ANd buy wall as well, now the drove is herded into this narrow space, one side must break as a result?

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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