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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25097. (Read 26686442 times)

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: edwardspitz on October 12, 2014, 04:21:41 AM

Quote from: N12 on October 12, 2014, 03:57:38 AM

Total sum of active swaps 13,885.50 BTC

It appears that 600 BTC was used to dump with: http://bfxdata.com/swapstats/btc.php

Who would do such a thing? I mean that is a pretty big gamble unless you have special knowledge about hidden orders and stop loss orders... or is there something I am missing?

aint that a taboo subject.

Also, is anyone else concerned that its taking 4 months, and counting, for Bitstamp to release its 'financial statement audit' ?
Been asking for details for 2 weeks now, and all i get is "its in progress"

https://www.bitstamp.net/article/Bitstamp-BTC-Proof-of-Reserves-May-2014/

edwardspitz

sr. member

Activity: 546

Merit: 250

Quote from: N12 on October 12, 2014, 03:57:38 AM

Total sum of active swaps 13,885.50 BTC

It appears that 600 BTC was used to dump with: http://bfxdata.com/swapstats/btc.php

Who would do such a thing? I mean that is a pretty big gamble unless you have special knowledge about hidden orders and stop loss orders... or is there something I am missing?

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: N12 on October 12, 2014, 03:57:38 AM

Total sum of active swaps 13,885.50 BTC

Total sum of active swaps 21,349,472.39 USD

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: fonzie on October 11, 2014, 04:35:07 PM

Quote from: Tzupy on October 11, 2014, 04:26:40 PM

It's time to test those bid walls.

I´m pretty impressed that so far no one has sold a few into it.

It took a bit longer than I expected, and I had to go to sleep.
Even if this is part of a new uptrend (which is still debatable), corrections still must happen.

N12

donator

Activity: 1610

Merit: 1010

Total sum of active swaps 13,885.50 BTC

Davyd05

hero member

Activity: 574

Merit: 500

300 day ema on 30 min chart keeps rejecting dropping 353-55ish wonder if we get that final down swing ew count trader tout is due,

YogoH

sr. member

Activity: 280

Merit: 250

damnn

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: JimboToronto on October 12, 2014, 03:18:56 AM

Bid wall seems real. Someone took a decent bit out and it hasn't been pulled yet.

gone as in eaten alive

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Bid wall seems real. Someone took a decent bite out and it hasn't been pulled yet.

edit- eaten

FNG

hero member

Activity: 588

Merit: 500

Walls getting sold into..

edit: a lot of big holders with an itchy trigger finger..jeez. that didn't take long

stereotype

legendary

Activity: 1554

Merit: 1000

Gotta ask yourself how low this would have been without the bid wall.

Sentiment (the broad and necessary kind) is still very negative. Sad

Edit: Consider how many stop-loss orders there are, placed just under the 3k order.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

heartastack

hero member

Activity: 714

Merit: 500

The other exchanges appear bearish on the outcome soooo wild theory time...

Could the wall be encouraging shorters to take positions without slippage and a coordinated effort on the other exchanges to make it look like a sure thing when really it's a bear trap with plan for short squeeze ? Cool