Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21463. (Read 26710076 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1441
Then all you need is a potato tower.
Maybe some of those minature cows ^^  
Hmmm minature pigs...

Can you make guinea sausages out of guinea pigs?

You could certainly try  Smiley
legendary
Activity: 1615
Merit: 1000
Eh mista! look like u no expert trader, why BTC swap on fiNex do no get up if he really borrows??? Me also scared price will drop even more :-(


That's because it's a bid wall, not an ask wall. Any swap used for it would be in USD. Now to check if the swap sum has changed today...

Edit: USD swaps have gone up by 600,000+ in the last 24 hours. It doesn't seem likely the wall was halved to save on swap interest.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2674
Merit: 3000
Terminated.
I've seen a lot of people speculate that the price will either go up or crash, but it's actually just stayed the same within a $240-$245 range most of the time.
Since most of people usually go on vacation during the summer, I wonder if the market will remain still again. I don't remember the last time that we've had action during summer. Maybe that drop from ~$100 to ~$65 in July 2013?
sr. member
Activity: 420
Merit: 250
"Only" 12K ask wall? Used to be 20K. What happened to the finex whale?

It was probably a fake wall made from borrowed coins. The person who put it up probably couldn't afford to keep paying the interest it cost to borrow that many coins and decided to return them. Alternatively he might soon put up a giant sell wall like the last time when a giant buy wall got switched to a giant sell wall.

Wow borrowing to put up a sell wall. That's gotta be a new level of pathetic.
full member
Activity: 184
Merit: 100
"Only" 12K ask wall? Used to be 20K. What happened to the finex whale?

It was probably a fake wall made from borrowed coins. The person who put it up probably couldn't afford to keep paying the interest it cost to borrow that many coins and decided to return them. Alternatively he might soon put up a giant sell wall like the last time when a giant buy wall got switched to a giant sell wall.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 499
Merit: 500
"Only" 12K ask wall? Used to be 20K. What happened to the finex whale?

He most likely hoped that the wall will attract some determined sellers able to fill his bids. However, it seems that there are no sellers with real coin ready to sell at this price point. So he figured 20K wall looks just to scary and removed half of it to give bears a fair chance at dropping the price. It would be interesting to see if the bears still control enough coins to fill even decreased volume of bids (or are willing to borrow the same). If not, all the "$200 by tomorrow!" bear battle cries amount to nothing but posturing.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 177
Merit: 100
"Only" 12K ask wall? Used to be 20K. What happened to the finex whale?
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Looks like about half of the bid stairway went poof?

Yeah, tired of waiting and has to move it up?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1615
Merit: 1000
Looks like about half of the bid stairway went poof?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Bitfinex has started a pump. Maybe the "Great Wall of Bids" (TM) owner decided to buy in instead of waiting?

A bit early to say, don't you think? Up 2 USD on about 1k BTC of volume...

True, but let's say I want it to happen so I really felt trigger happy Tongue
legendary
Activity: 1615
Merit: 1000
Bitfinex has started a pump. Maybe the "Great Wall of Bids" (TM) owner decided to buy in instead of waiting?

A bit early to say, don't you think? Up 2 USD on about 1k BTC of volume...
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Bitfinex has started a pump. Maybe the "Great Wall of Bids" (TM) owner decided to buy in instead of waiting?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Jump to: