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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27400. (Read 26711355 times)

legendary
Activity: 1470
Merit: 1007
Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.

Were you watching how it happened Oda?

It was very very strange.
Based on his description, I'm guessing he partook in it. :P

I don't know if it was strange. What I do find strange is how Huobi is now again behind Bitstamp (not sure Chinese sleeping accounts for this). Was yesterday a mere fluctuation in the price delta or have conditions changed again? I'm afraid noone truly knows, not even the Chinese.

It's that obvious, huh :D

Yes. Short term trade, went in and out with a net zero. I'm still not 100% convinced we'll break through the ma200 tonight, but there's some real force behind this rally, I can't say otherwise, so being long makes more sense right now.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Lol, Bitstamp was on 635 last night when Huobi was at this level. Now at 660.
sr. member
Activity: 270
Merit: 250
We choose to go to the moon not because it is easy but because it is hard!

We choose to go to the moon not because it is easy but because it is hard ly a problem with bitcoin !
legendary
Activity: 1470
Merit: 1007
Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.

Were you watching how it happened Oda?

It was very very strange.

I know, I was online. I'm glossing over those details.

But aside from how the strange finex action and how the crash started exactly, in a similar situation to that of the "log downtrend" 12 days ago, every trader was watching the SMA200 like a hawk. I don't find it surprising at all that we saw major action around (and below) it.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Wow. Risto sure has charisma.

I can't think of any other poster who garners so much gossip and personal attention.

No wonder he's not lacking in self esteem.

 Cheesy

Jorge, Goat in his day, BJA when active.  It tends to be pettier with Risto, I think.  He's actually pretty inoffensive, and rather clever, generally a helpful man of good-will and a contributor to the community.  Certainly observing his fate has convinced me to maintain pseudonymity while feasible.  For some reason, although I think less flush than Goat, Risto seems to focus all the jelly.  Perhaps because he started another thread to get away from the nastiness on this one, the nasty types think he's putting on airs.  Amusingly, Goat actually started another forum site to get away from this trash.  The signal/noise ratio there is vastly better.  But it's not an external face of bitcoin, so I see value in posting here, where google is likely to take novices.





+1. There's a few people on here I wouldn't mind meeting in real life and Risto's one of them.
hero member
Activity: 840
Merit: 1000
Or as if everyone who bought on the plunge yesterday was ready for a quick 10% profit in 24 hours...The ask wall was only 500K @665.

Not on the ticker I was staring at.

750K, with a similar one on Bitfinex a couple of dollars down at around $663, which would suggest that the Ask wall was made on Bitfinex and routed through Bitstamp. 50% chance of anything to do with Bitfinex being crooked. I never trust a wall on Bitfinex. I panic bought in at top of market, noticed that the wall was made on Bitfinex and not Stamp, and panic sold again for $3 cheaper than I bought.

I fucking hate Bitfinex.
N12
donator
Activity: 1610
Merit: 1010
Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.

Were you watching how it happened Oda?

It was very very strange.
Based on his description, I'm guessing he partook in it. Tongue

I don't know if it was strange. What I do find strange is how Huobi is now again behind Bitstamp (not sure Chinese sleeping accounts for this). Was yesterday a mere fluctuation in the price delta or have conditions changed again? I'm afraid noone truly knows, not even the Chinese.
MOB
hero member
Activity: 493
Merit: 504
Whats odd is that the wall got eaten so quick, as if Mr Whale Bear was sitting as his computer waiting.

Haxx?

Or just people who bought on the plunge yesterday were ready for a quick 10% profit in 24 hours...The bid wall was only 500K USD @665.

Also, I do not think the entire thing was sold into.  Only about 2/3rds, then I think it got pulled.
member
Activity: 78
Merit: 10
This has to be a scam right, its getting lots of upvotes from what i'm pretty sure are spam/scam bots, and the good posts getting downvoted, on reddit:
http://www.reddit.com/r/Bitcoin/comments/2757mx/bitcoin_arbitrage_method_45/

Buying bitcoins via paypal, the few critical replies have been downvoted to hell:

[–]absentmindedprofesso [+1] -4 points 12 minutes ago (6|10)
Relevant: http://www.reddit.com/r/Bitcoin/comments/261r1t/scam_alert/

Please upvote for awareness.
hero member
Activity: 840
Merit: 1000
Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.

Were you watching how it happened Oda?

It was very very strange.
hero member
Activity: 840
Merit: 1000
Whats odd is that the wall got eaten so quick, as if Mr Whale Bear was sitting as his computer waiting.

Haxx?
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.

Well, how about: lots of traders took profit at likely peak (possibly even reversal) target yesterday (SMA200, ~doubling since 340 bottom).

Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.


Makes sense.
legendary
Activity: 1470
Merit: 1007

Well, how about: lots of traders took profit at likely peak (possibly even reversal) target yesterday (SMA200, ~doubling since 340 bottom).

Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.
hero member
Activity: 784
Merit: 1000
Bid side is not looking too strong.

Order book is exact same as it was before this whale (s) came in and bought over 1200BTC in two big mammoth orders. One 600 BTC market order, which took the price from $640 to $660, and then a 750BTC order placed at $665, which was eaten up by sellers. Presuming that there is nothing nefarious going down here like the exchanges having been hacked, then perhaps this was a very ill-advised and totally botched ramp attempt? Ramp the price with a 600 BTC market order, and then have a 750 BTC limit order sitting just below spot. A few days ago, this would have instigated a mad panic buying spree. But spot price just hovered above the buy wall, and then sellers ate it up.

Huh

Who knows, would be nice to get explanations somehow for these totally inexplicable and wholly unpredictable events.

Insider Short Squeeze from the nice lads at Bitfinex?

Whats odd is that the wall got eaten so quick, as if Mr Whale Bear was sitting as his computer waiting.
hero member
Activity: 784
Merit: 1000
We need a 3K market buy and tell this bear, his walls, and his dumps to fuck off.
hero member
Activity: 840
Merit: 1000
Bid side is not looking too strong.

Order book is exact same as it was before this whale (s) came in and bought over 1200BTC in two big mammoth orders. One 600 BTC market order, which took the price from $640 to $660, and then a 750BTC order placed at $665, which was eaten up by sellers. Presuming that there is nothing nefarious going down here like the exchanges having been hacked, then perhaps this was a very ill-advised and totally botched ramp attempt? Ramp the price with a 600 BTC market order, and then have a 750 BTC limit order sitting just below spot. A few days ago, this would have instigated a mad panic buying spree. But spot price just hovered above the buy wall, and then sellers ate it up.

Huh

Who knows, would be nice to get explanations somehow for these totally inexplicable and wholly unpredictable events.

Insider Short Squeeze from the fucking crooks nice lads at Bitfinex?
hero member
Activity: 504
Merit: 500
Moderator
Bitstamp/Bitfinex/Huobi-  RxIxP 2014
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
wtf bitstamp... Can't log in

is the billy bot still buying? Cheesy

Billy Bot...that is a good one...is that the Willy Bot on Bitstamp?

Yes.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
wtf bitstamp... Can't log in

is the billy bot still buying? Cheesy

Billy Bot...that is a good one...is that the Willy Bot on Bitstamp?
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