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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21094. (Read 26710683 times)

newbie
Activity: 14
Merit: 0
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.

Price manipulation at its finest. This kind of shit will continue whilst literally nothing positive or negative is happening in the world of bitcoin. It's too easy for whales to pull these kind of stunts whilst there are no obstacles in their way.

The only way it'll stop is if/when we get loads of new money being pumped in. Whilst the price action is akin to tumbleweed blowing around a deserted town these big rollers can play the market like a toy.


Hahah, people are calling the price manipulated since the very first bitcoin exchange...

It's not more manipulated then any other Market on this world... It's pure speculation going on..
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.

Price manipulation at its finest. This kind of shit will continue whilst literally nothing positive or negative is happening in the world of bitcoin. It's too easy for whales to pull these kind of stunts whilst there are no obstacles in their way.

The only way it'll stop is if/when we get loads of new money being pumped in. Whilst the price action is akin to tumbleweed blowing around a deserted town these big rollers can play the market like a toy.
hero member
Activity: 798
Merit: 1000
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.
legendary
Activity: 1512
Merit: 1000
@theshmadz
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.



Well spotted. There is support, somewhere, but don't be looking at fake data and hoping to find truth.

This is what a market is. It is nothing more than a price discovery mechanism. If the market were purely open and transparent, would it be a better indicator of value? Who knows? It would be an interesting experiment, but we have no markets currently that are not manipulated from which we might harvest useful data or glean useful information...,




 so; in the end, speculation is the driver of the market. Thus, gentlemen, your work is cut out and laid before you.

Best of luck.
sr. member
Activity: 442
Merit: 250
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.
legendary
Activity: 2002
Merit: 1040
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Or it's his way of saying, "We ain't goin' nowhere near sub-$250".
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2268
Merit: 1141
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.
legendary
Activity: 1526
Merit: 1034
Have we reached the bottom? I imagined the panic sell would lead to the price hitting a low at around 255, which seems to be somewhat accurate. Price seems to be rebounding a bit, currently @ $263 on Preev. Hopefully the market corrects itself soon and Bitcoin can begin climbing back to the $300 we were previously enjoying.
ask
legendary
Activity: 1386
Merit: 1004
People waiting for $250 coins will be disappointed. Not going to happen.

Yar just like the people telling me I wouldn't see my $260 coins a week ago  Cheesy

Worked out well that one.

$250 coins are expensive.  There are way too many longs open...
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
People waiting for $250 coins will be disappointed. Not going to happen.

I hope we don't see 250 again but I can't confidently state that it won't happen. I wasn't expecting the price to fall to 260 but it did. Anything can happen really & I'm glad I'm just a HODLER, not a trader who has pressure & stress on which way to call the market.
hero member
Activity: 798
Merit: 1000
People waiting for $250 coins will be disappointed. Not going to happen.

Yar just like the people telling me I wouldn't see my $260 coins a week ago  Cheesy

Worked out well that one.
hero member
Activity: 854
Merit: 503
Legendary trader
People waiting for $250 coins will be disappointed. Not going to happen.
legendary
Activity: 1960
Merit: 1130
Truth will out!
The future of Bitcoin.



Thanks for your constructive message on the Wall Observer. You're a visionary. Wink

legendary
Activity: 1512
Merit: 1000
@theshmadz
Alright! This is it! Finally gonna get those $250 bids filled!

Come on, big dumps,  no whamies, STOP!






Or is this just a tease?


:/
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 415
Merit: 250
so i hope you shorted lol
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

As long as I believe we can still make a new all-time high I don't think I will use any for commerce.  So maybe once we get back over 1,000 I'd sell a few, use a few for commerce, and hold a few. Something like that. But if I feel uncomfortable with the tech progression my plans can change quickly. So far I have held the course.


I spend and replenish when the opportunity arises. I'm not totally convinced that retail is really its eventual fate, but if everyone just sat on their coins waiting for them to go up then it'll wither before long.


I agree and feel a little guilty for not using my coins for commerce. But then again, I'm not convinced in the system yet and it is my money so I will do what I see best. I've only been accumulating a little here and there not because I don't have enough fiat to exchange, but because I am allowing myself to grow more comfortable before making significant bets.

If and when I make my first purchase of goods/services through Bitcoin I'll be sure to post to the forum my experience.

If you have made purchases on a few different internet sites, try some purchases using bitcoin (and replenish your stash). You will feel the difference, and your belief in bitcoins future will be boosted.



Especially when your confirmation is delayed and you realize that you can't just send an e-mail to paypal.

You are a well pisser in real life, aren't you?


Or just someone who's paid for goods with more BTC than most in this forum. You're very aware of that : in case of shit = shit. So when the company you're purchasing goods from "lost you in the system" after you've sent them coins, that "difference" you "feel" is a stream of warmth running down your pants. That been said, everything worked out in the end with all my BTC purchases. In fact, the one bitcoin related purchase I really got screwed on was with BFL through paypal.
sr. member
Activity: 434
Merit: 250
Yes, by buying toilet paper and making it wet, especially if you buy the overpriced ones.

$1200 worth of TP?! :O  Nvrmnd, don't want to know...

If you eat the good stuff, you don't wanna go clean it up with the cheap stuff.
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