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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25217. (Read 26608384 times)

sr. member
Activity: 342
Merit: 250
I was close to calling the bottom at around the 290 range. 
sr. member
Activity: 378
Merit: 254
...
Fuck this, i really wanted to sleep now...

How many hours sleep since Fri?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 342
Merit: 250
Are we looking at a dead cat bounce here? Or are shorts trying to cover. 
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
its going to be another extremely high volume day.
hero member
Activity: 504
Merit: 500
Moderator
@ tarmi -
longs closed 342
shorts opened @339

 Wink

Waiting for 320-325$
Maybe 315$




Fuck this, i really wanted to sleep now...
legendary
Activity: 1316
Merit: 1000
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.

Also, I find the amount of people reciting ,"WALL WAS PULLED" "IT WAS FAKE" "ANOTHER 30K WALL INCOMING" "WALL GUY FELL ASLEEP AND GOT F'CKED" very irritating, since none of that is true.

The wall can be pulled at anytime and if its shooting up after like it clearly was it doesnt make much difference when you buy.
legendary
Activity: 896
Merit: 1000
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.


If everyones does that, how does a wall ever gets eaten...

From big players, who can appreciate the slippage free buys.
sr. member
Activity: 378
Merit: 254
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol


baby profit takers?

that 2 k wall is pure profit. Cheesy

btw, if mr 30 k wall is out of ammo, he is more stupid than I thought.

but my gut is telling me that he is awaiting train pics.

And more people who still havent grasped that it was an early adopter cashing out.

early adopter deserve the profit for taking all the risk all these years. but btw early adopter arent cashing out.  BTC is better than cash.  you can get ebola after handling cash. think about it

"Bitcoin user not afinfected" meme?



Ebola comes to US.....   Bitcoin user uninfected ?

full member
Activity: 224
Merit: 100
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.


If everyones does that, how does a wall ever gets eaten...
full member
Activity: 126
Merit: 100
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.

Also, I find the amount of people reciting ,"WALL WAS PULLED" "IT WAS FAKE" "ANOTHER 30K WALL INCOMING" "WALL GUY FELL ASLEEP AND GOT F'CKED" very irritating, since none of that is true.

The wall was pulled... Watch early morning (China time) the wall will reappear! Nothing new!!!
legendary
Activity: 1456
Merit: 1000
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.

Also, I find the amount of people reciting ,"WALL WAS PULLED" "IT WAS FAKE" "ANOTHER 30K WALL INCOMING" "WALL GUY FELL ASLEEP AND GOT F'CKED" very irritating, since none of that is true.

hmmm it sounds like you were angry....

 LOL
sr. member
Activity: 437
Merit: 250
All we need now is for an "expert" with a fair size of BTC to test our current overbought situation to crash us to $~300.

What will follow quickly is a rebound and followed even quicker an overshoot to $400.

Maybe I'm delusional but this looks like the first real attempt to catch a bottom since April, either way any timescale longer than a year is looking super-mega-ulta bullish for bitcoin.
legendary
Activity: 1456
Merit: 1000
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol


baby profit takers?

that 2 k wall is pure profit. Cheesy

btw, if mr 30 k wall is out of ammo, he is more stupid than I thought.

but my gut is telling me that he is awaiting train pics.

And more people who still havent grasped that it was an early adopter cashing out.

early adopter deserve the profit for taking all the risk all these years. but btw early adopter arent cashing out.  BTC is better than cash.  you can get ebola after handling cash. think about it

"Bitcoin user not afinfected" meme?



Ebola comes to US.....   Bitcoin user uninfected ?
legendary
Activity: 896
Merit: 1000
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.

Also, I find the amount of people reciting ,"WALL WAS PULLED" "IT WAS FAKE" "ANOTHER 30K WALL INCOMING" "WALL GUY FELL ASLEEP AND GOT F'CKED" very irritating, since none of that is true.
hero member
Activity: 504
Merit: 500
Moderator
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.

A big whale can sell to themselves if they are the only one(s) on the exchange.  Show me the Average Joe buyers.

What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.

Why are you so fucking angry, i thought you are just holding. You insulted everyone as a full retard yesterday that bought @ 300$. Your absolute pessimism seems to be a bit exaggerated.
legendary
Activity: 896
Merit: 1000
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.

A big whale can sell to themselves if they are the only one(s) on the exchange.  Show me the Average Joe buyers.

What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.

I heard the last 11.5K was eaten in one gulp.  Did I hear wrong?

Yep, its because people dont understand how bitcoinity displays purchases.

If 100 people buy 1btc separately, at the same time, bitcoinwisdom would show 100 1btc trades go by. Bitcoinity would show one 100btc trade.

Bitcoinity will "reset" once a trade goes by at a different price. So, imagine you have a 5k wall at 299.99 and a 5k wall at 300.00... you could have up to 10k of volume displayed trading at 300.00 on bitcoinity, trading "seconds ago" at $300. (because 299.99 is rounded and does not reset the "counter"), and each additional trade in that range continues to update the timer to "a few seconds ago", even if 10,000 of it was bought an hour ago, and someone bought 1btc then. it would show 10,001btc "a few seconds ago"

So, the last 11000 btc were eaten without a single seller, or something of the sorts.  

Some guy has a spreadsheet showing every trade, so you can see:
https://docs.google.com/spreadsheets/d/1ZZaXtuRJ_Ppo1_R2UczZSIpyreGjxpUMDsimbPneGq4/pubhtml?gid=928136785&single=true

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.

A big whale can sell to themselves if they are the only one(s) on the exchange.  Show me the Average Joe buyers.

were is JayJayWallsOfText when you need him.

oh thats right BUYING!
sr. member
Activity: 434
Merit: 250
early adopter deserve the profit for taking all the risk all these years. but btw early adopter arent cashing out.  BTC is better than cash.  you can get ebola after handling cash. think about it

I never thought of it but you are right!  Cheesy
legendary
Activity: 3780
Merit: 5429
Look at all the little baby profit takers selling right before the $350 wall.

A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol

I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.

The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.


Now $350 is too high for those who didnt want in at $300, and the demand is a lot lower (Only applies to Bitstamp)

Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.

Wrong.  That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally.  It was completely engineered.  It was probably their own btc sell wall.

You are delusional. It was a real sell. Get out of lala land.

A big whale can sell to themselves if they are the only one(s) on the exchange.  Show me the Average Joe buyers.

What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.

I heard the last 11.5K was eaten in one gulp.  Did I hear wrong?

Also, fee doesn't matter when you shorted from $600.
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