Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21488.

shmadz

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@theshmadz

Quote from: tarmi on June 19, 2015, 07:17:24 PM

happy now?

More like relieved actually, I hate when things go too far too fast, but what I really want to know is...

How can you remain so steadfast when the price is rising? Have you no fear of the runaway market like we've seen many times in the past? Or is it just different this time? What with all the options to go short that did not exist during previous bull moves?

Genuinely curious as I've not the stomach to go short when my gut is telling me the bear market is over.

marky89

hero member

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CryptoTalk.Org - Get Paid for every Post!

doom is not on the menu yet. moon soon.

Cconvert2G36

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Quote from: Torque on June 19, 2015, 06:54:43 PM

Quote from: derpinheimer on June 19, 2015, 06:36:06 PM

Quote from: ?? on ??

Quote from: derpinheimer on June 19, 2015, 06:13:23 PM

Ask wall accumulating rapidly on BFX... whale friend having fun again.

It looks like he is playing with himself. Not much volume after those two sells.

Yeah it appears whatever was sold into the bidwalls were quickly placed for sale...
Either selling to himself or just an unattended bot.

I guess no one here would consider that this entire pump n' play was orchestrated by a single whale or maybe two, because no other whales are currently in this market and they can play with free abandon and with little downside risk?

This is the fun you get when one or a few whales splash around in a dead market.

Seems the whole move was orchestrated by the one whale and his magical shape shifting walls. Traders have become somewhat immune to the fear of missing the train.

Will the walls stay in place and be eaten by profit takers? The "benevolent bull whale" scenario. Or will support get pulled right when things get ugly? Fueled by a not so benevolent whale going hard short and reaping the gains of panic selling?

In either case, I'm less scared of a rapid push to 280 than a regression to the 220's. Probably just going to be a flat weekend with a struggle around 240.

figmentofmyass

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Quote from: Habeler876 on June 19, 2015, 06:52:21 PM

I gotta say... this BTC chart just doesn't read as cleanly as it used to. I miss those strong trends. My guess is we are in a consolidation and will continue to range for a couple more days. Not sure which way we'll break, but my bias is still to the upside. But it'll probably just double top. Bulls really don't look that strong.

i'm still hodlin, but i have this nasty feeling that it's gonna sink like a stone.

tarmi

legendary

Activity: 1232

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Quote from: inca on June 19, 2015, 04:22:41 PM

Quote from: tarmi on June 19, 2015, 02:36:17 PM

double digits first.

but you can count me in for this last round of taking fools money.

Short away big man. We keep awaiting updates from your latest successful trade!

happy now?

derpinheimer

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Activity: 896

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Quote from: Torque on June 19, 2015, 06:54:43 PM

Quote from: derpinheimer on June 19, 2015, 06:36:06 PM

Quote from: ?? on ??

Quote from: derpinheimer on June 19, 2015, 06:13:23 PM

Ask wall accumulating rapidly on BFX... whale friend having fun again.

It looks like he is playing with himself. Not much volume after those two sells.

Yeah it appears whatever was sold into the bidwalls were quickly placed for sale...
Either selling to himself or just an unattended bot.

I guess no one here would consider that this entire pump n' play was orchestrated by a single whale or maybe two, because no other whales are currently in this market and they can play with free abandon and with little downside risk?

This is the fun you get when one or a few whales splash around in a dead market.

Definitely possible, it's been very suspicious from the start IMO. Also, another 1600BTC sell..

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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Torque

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Quote from: derpinheimer on June 19, 2015, 06:36:06 PM

Quote from: ?? on ??

Quote from: derpinheimer on June 19, 2015, 06:13:23 PM

Ask wall accumulating rapidly on BFX... whale friend having fun again.

It looks like he is playing with himself. Not much volume after those two sells.

Yeah it appears whatever was sold into the bidwalls were quickly placed for sale...
Either selling to himself or just an unattended bot.

I guess no one here would consider that this entire pump n' play was orchestrated by a single whale or maybe two, because no other whales are currently in this market and they can play with free abandon and with little downside risk?

This is the fun you get when one or a few whales splash around in a dead market.

Habeler876

hero member

Activity: 624

Merit: 500

I gotta say... this BTC chart just doesn't read as cleanly as it used to. I miss those strong trends. My guess is we are in a consolidation and will continue to range for a couple more days. Not sure which way we'll break, but my bias is still to the upside. But it'll probably just double top. Bulls really don't look that strong.

Sitarow

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derpinheimer

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Quote from: ?? on ??

Quote from: derpinheimer on June 19, 2015, 06:13:23 PM

Ask wall accumulating rapidly on BFX... whale friend having fun again.

It looks like he is playing with himself. Not much volume after those two sells.

Yeah it appears whatever was sold into the bidwalls were quickly placed for sale...
Either selling to himself or just an unattended bot.

derpinheimer

legendary

Activity: 896

Merit: 1000

Ask wall accumulating rapidly on BFX... whale friend having fun again.

BitofaN1

full member

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Quote from: rolling on June 19, 2015, 05:58:01 PM

1600 BTC sell and the walls are holding.

That's the only good news for today, sadly.
WOW Finex went full retard.

derpinheimer

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Another 1300+300 just went by Shocked

rolling

hero member

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1600 BTC sell and the walls are holding.

ChartBuddy

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Fatman3001

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Make Bitcoin glow with ENIAC

Quote from: bassclef on June 19, 2015, 04:42:00 PM

Quote from: Ivanhoe on June 19, 2015, 04:37:11 PM

i think it's a typo and he means "bear market".

Yeah that. Didn't catch it.

Ok, thx. Was feeling a bit lost there for a while.

ChartBuddy

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bassclef

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Quote from: Ivanhoe on June 19, 2015, 04:37:11 PM

i think it's a typo and he means "bear market".

Yeah that. Didn't catch it.

Ivanhoe

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Quote from: Fatman3001 on June 19, 2015, 02:51:10 PM

Quote from: bassclef on June 19, 2015, 02:15:40 PM

Quote from: Fakhoury on June 19, 2015, 02:05:58 PM

Quote from: bassclef on June 19, 2015, 01:57:55 PM

Quote from: LFC_Bitcoin on June 19, 2015, 12:34:19 PM

Starting to get worried we're set for a dump to take us below 240. It's eerily quiet on here, just a hunch but I sense a dump. People might have been waiting for the pump from the other day to continue. It hasn't so we've begun a little dump, I think people who look for small profits might sell now unfortunately.

Bid support has grown tremendously so it would have to be a pretty big dump, and sell volume is running low as usual this late in the bear market. Very risky for whales to attempt this if only to manipulate. Profit-taking is generally not enough to push things down when the market is ready to move up.

At the outset of larger uptrends you'll see a resistance to lower prices and low volume on the dips as some longs take profits and retail/gamblers load up on shorts. As a trader, I might take profits here (haven't yet) but would get long at the next dip if the price continues to firm up around $250. In that case many longs who rode the first leg will watch the bull flag complete on 12h/daily chart and jump back in.

I think we either go sideways this weekend or see a pump start sometime before Monday to mark the price up for people waiting for deposits to clear at exchanges. If we do see higher prices next week watch out because many of the whales are finally turning bullish, removing sell orders and attracting volume back into the market. The ask side of Finex is quite scary if a big pump takes off. Scary in a good way as there's little to stand in the way of higher prices, and it might run to the top of the trading range ($280-300) very quickly.

What is your speculation about next week, bassclef ?

Will we say higher prices, what do you think in general ?

Obviously bullish. I think we test the 200 day MA again to see if it breaks. I think it might, easily. That means end of bull market to a lot of technicians although many of us watching closely have already sensed this. So $270-280 is a decent target for next reaccumlation zone.

I might have fallen and hit my head, but what do you mean here?

i think it's a typo and he means "bear market".

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