Actually the location where the bid kept getting huge between $360 and $400.. hasn't been touched. $402 was the bottom even after the 'crash'. So when I thought $380 was a good time to buy with that huge bid, it will still a good call. Afer that, it wasn't till multiple days of the bid getting smaller and smaller until the drop happened.
I don't know. I still believe a really big bid side is sort of an objective sign that there is more money on an exchange. It isn't all about a one man chess game with an accumulating buyer but about the growth of the exchange in general.
Maybe I'm wrong. However, at the very least a large bid gives me sort of a guarantee that I won't be liquidated from one little market order.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19853. (Read 26609741 times)
December 15, 2015, 02:13:27 AM
December 15, 2015, 02:02:40 AM
TERA : the walls have changed a lot since you've been gone ... they are totally fake now and change in the space of minutes and secinds even.
Some guys had a massive bear whale on BearStamp for almost 18 months, it sat just above the ask and moved around all the time but never went away ...
wall observing is just a joke now, so we get this comedy show here ... but damn some of the wordsmithing and gif selection is just choice and funny as hell.
This Some guys had a massive bear whale on BearStamp for almost 18 months, it sat just above the ask and moved around all the time but never went away ...
wall observing is just a joke now, so we get this comedy show here ... but damn some of the wordsmithing and gif selection is just choice and funny as hell.
December 15, 2015, 02:01:22 AM
TERA : the walls have changed a lot since you've been gone ... they are totally fake now and change in the space of minutes and seconds even.
Some guys had a massive bear whale wall on BearStamp for almost 18 months, it sat just above the ask and moved around all the time but never went away ...
wall observing is just a joke now, so we get this comedy show here ... but damn some of the wordsmithing and gif selection is just choice and funny as hell.
Some guys had a massive bear whale wall on BearStamp for almost 18 months, it sat just above the ask and moved around all the time but never went away ...
wall observing is just a joke now, so we get this comedy show here ... but damn some of the wordsmithing and gif selection is just choice and funny as hell.
December 15, 2015, 02:01:02 AM
i take my comfort in the price alone. the bids/asks are just manipulation if you ask me. who knows what's really going on behind the scenes at these exchanges?
Remember that massive bid wall on that failed 317 run? Yeah, that didn't work out so well for bulls in the short term. At least it was mostly real... turned out pretty well for the bidder.
If someone really wants to buy, why telegraph that to the potential sellers? Same for the asks, why chase down the price if you want to sell higher?
Not saying that the on-book data is useless, but close.
December 15, 2015, 02:00:51 AM
what's so bad about the bid side? staggered walls making u think it's all one person? or just not as high as it should be?
December 15, 2015, 02:00:41 AM
December 15, 2015, 02:00:31 AM
I'm mostly looking at the buy side, not the sell side.
The fact that the bids were stacked up so high and close, was what caused the super fast run up, hence a large correction crash. This is more organic. (Beginning stages of a large pump). 
December 15, 2015, 01:59:10 AM
I'm sorry. How can anyone be comfortable with the walls looking like THIS? Before the last rally from $375 to $475, a huge wall base built up and the bids looked 3x bigger than the asks. Now it just looks like it could go for another Friday. Longs are also even higher than before at $27.1M
One word China. $27MM longs at ~24%/yr with only BTC6k in shorts! Yet we keep going up... It's not a one exchange player anymore. That's not to say Finex won't flash crash to shed those longs :/
December 15, 2015, 01:58:41 AM
I'm mostly looking at the buy side, not the sell side.
December 15, 2015, 01:56:02 AM
i take my comfort in the price alone. the bids/asks are just manipulation if you ask me. who knows what's really going on behind the scenes at these exchanges?
+1 If you watch a quad chart live with finex, stamp, huobi, and okcoin, you will laugh at all of the sell walls that are constantly eaten by the tiniest bid walls. It's all planned to make you think the market is doing the opposite. December 15, 2015, 01:53:59 AM
i take my comfort in the price alone. the bids/asks are just manipulation if you ask me. who knows what's really going on behind the scenes at these exchanges?
December 15, 2015, 01:51:40 AM
I'm sorry. How can anyone be comfortable with the walls looking like THIS? Before the last rally from $375 to $475, a huge wall base built up and the bids looked 3x bigger than the asks. Now it just looks like it could go for another Friday. Longs are also even higher than before at $27.1M
December 15, 2015, 01:49:09 AM
So, to pick the more relevant strain of off-topicness here: Do I understand correctly that the Ripple ledger is unaffected, but the main way people traded XRP for other currencies is now being shut down? And some way to transfer XRP from user to user will still exist even after Ripple Trade closes?
I haven't followed Ripple closely, but frankly, I think it's good news if it fails this way. The failure mode I was worried about was a series of cascading credit defaults if the system really took off. Never saw any reason to think that wouldn't happen, so good riddance as far as I'm concerned.
I haven't followed Ripple closely, but frankly, I think it's good news if it fails this way. The failure mode I was worried about was a series of cascading credit defaults if the system really took off. Never saw any reason to think that wouldn't happen, so good riddance as far as I'm concerned.
December 15, 2015, 01:47:42 AM
Theres another Price rising incoming Guys!
As you can see the Bitcoin is on an ongoign Trip for the 500$ again.
Good Time to Buy btc and sell it. I would sell it before Chriostmas incoming guys.
What do you guys think?
Would be great to know
regards
lama-hunter
As you can see the Bitcoin is on an ongoign Trip for the 500$ again.
Good Time to Buy btc and sell it. I would sell it before Chriostmas incoming guys.
What do you guys think?
Would be great to know
regards
lama-hunter
December 15, 2015, 01:43:51 AM
December 15, 2015, 01:42:40 AM
Ignore button. Please use it. Please don't quote ridiculous rubbish either.
There's a saying that fits this situation perfectly.
"Do not argue with idiots, as they bring you down to their level and beat you with experience."
There's a saying that fits this situation perfectly.
"Do not argue with idiots, as they bring you down to their level and beat you with experience."
December 15, 2015, 01:32:23 AM
I value the opinions of some of the people in here, that's why I ask for input from this community. I am wise enough to know that I don't always have all the answers, and that I should gather as much information as possible before making a decision. I guess you don't have the wisdom or experience for that kind of approach.
I have no respect for you. You are obviously incapable of teaching me anything or learning anything from me.
*ignore*
Sad but true, yes, you could be correct that I am incapable of teaching you anything.
You are on to something! No one here can.
He's playing victim here, after all he's arrogant and F*** off posts to others and wondering why he doesn't get respect that he deserves.
He can have big experience and history with bitcoin.
But he sure sucks on social skills.
Almost feel sorry for him... but then again it makes me get a feeling of another troll attempt... cos he can't be so stupid
can he?
It's possible to be really stupid, and I wouldn't mind that so much or really fault him for that.
It just becomes a problem when he's so pushy, etc.
I truly have had a lot of stupid moments in my life, and certainly no one is smart at everything, and people have varying skills and specialties, that, as you suggest, may relate to NOT posting on various forums... etc. etc..
CP may have distracted us too much, from our wall observations.
Accordingly, $500 and even $600 are looking plausibly within reach -and possibly even before xmas - even though volume seems to be going in spurts and such spurts causes many of us to wonder whether we are being manipulated by bearwhales.
We seem to have been so traumatized and shell-shocked from the nearly past two years of a bear market -... for example, look at our fearless leader, the poster of OP (Adam), he keeps selling BTC even though many of us tell him to hodl, and he even admits that he should hodl, but he seems unable to help himself and he sodl instead of hodl.
I'm sorry to engage in arm chair diagnoses, but Adam seems to be bull tramatized by an extended bear market and he may have even self-identified as a bear. maybe we need some kind of label for this diagnosis?
December 15, 2015, 01:29:59 AM
460 about to get KO/d
December 15, 2015, 01:28:38 AM
What happened to my big juicy order book from a week ago? Did everyone decide to stop trading at finex now?
Nobodym wanne go for your lowprice i think
Or what did you pay 
regards
lama-hunter
It's too bad I still didn't have any coins loaded on the Friday move. I just finished cracking one of my cold storage wallets yesterday with this ridiculously complicated brainwallet algorithm I made up and almost forgot.
Ohh dammmn
Safe your wallet and Stuff Dude 
If you loose your passphrase and everything wont be so good for you ^^ So be aware you cant get it back..Anyways the Price is rising i thionk for antoher 800$ in the next Time ;() Just wait and sell your Coins then
regards
lama-hunter
800 wouldnt be Nice
whats wrong with you you bet on short ? Anyways it will not come from one day to another i think.regards
lama-hunter
December 15, 2015, 01:25:34 AM
This thing aint about to stop now. Bitcoin has been losing value for two years and its about time the world wakes up and realizes that bitcoin is the biggest shit since sliced toast. Long live the bulls.
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