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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25229. (Read 26608250 times)

legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Bitstamp is totally exhausted, I think there will be still some downtrend.
hero member
Activity: 574
Merit: 500
Yes, whoever bought from that wall deserves to make some money. They took risk and it should be rewarded.

Now all those 30k coins will diversify on the other exchanges.

not just that, it delivered confidence to hodlers, but as a side note I think were watching a battle for a green 1d candle, lots of people are enjoying buying sub 320, and then some people buy up to the walls near 323. I would expect a continuation of dumping if we fail to buy up and secure 330ish

this battle started pre 30k wall, as btc-e bitfinex and huobi wer already near the 330 marks, however for all those fucks who over the summer claiming it was so boring..you better be awake and have popcorn in hand, I spent the entire weekend as such enjoying the roller coaster, learning how much I believe in bitcoin and not only its fiat price.
sr. member
Activity: 381
Merit: 251
Yes, whoever bought from that wall deserves to make some money. They took risk and it should be rewarded.

Now all those 30k coins will diversify on the other exchanges.
hero member
Activity: 672
Merit: 500
And of course right away some twat puts up an ask wall. Because it hasn't been enough already.
hero member
Activity: 574
Merit: 500
The market bought on hype and now it will correct itself

That wall was eaten by 100 and 1000 coin bites. Hardly your average market players.

1000's of new Bagholders that will panic cut loose if another early adopter divest.

So butt hurt . That or youre just bitter

It be reasonable to say following some high volume sub 300 we should expect some profit taking from people who caught knives.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
What a weekend we have survived, eh? Crazy stuff
legendary
Activity: 1428
Merit: 1000
The market bought on hype and now it will correct itself

That wall was eaten by 100 and 1000 coin bites. Hardly your average market players.

1000's of new Bagholders that will panic cut loose if another early adopter divest.
sr. member
Activity: 381
Merit: 251
I mean everything after the wall was gone. The 30k wall might have been a trap as well but time will tell.
Too much hype ... wayy too much

The market bought on hype and now it will correct itself

That wall was eaten by 100 and 1000 coin bites. Hardly your average market players.
hero member
Activity: 672
Merit: 500
What else do you expect. The market bought on hype and now it will correct itself

Just traders screwing it up. As always.
hero member
Activity: 722
Merit: 500
The market bought on hype and now it will correct itself

That wall was eaten by 100 and 1000 coin bites. Hardly your average market players.
sr. member
Activity: 381
Merit: 251
What else do you expect. The market bought on hype and now it will correct itself
sr. member
Activity: 434
Merit: 250
Now that the sell wall is gone, we are going down.

How ironic!  Cheesy Cheesy Cheesy
hero member
Activity: 812
Merit: 1000
When do you think btc-e will reclaim their spot from stamp?
newbie
Activity: 11
Merit: 0
Wall is gone.  Prepare for nasty drop this week.

You mean today?  Grin
hero member
Activity: 703
Merit: 502
This here makes sense to me:

more interesting is the coinbase lack of coins - this possibly tells us the miners who they buy from are now close to or below cost of production and are no longer selling OTC, forcing coinbase back to exchange and needing to move fiat back to bitstamp or others. This is more indicative of a floor than any large wall on stamp.
Don't expect a stellar rise though - once the price rises enough the miners will be back to dump their coins.


So sideways-ish for the next 2 months or so

3600 is nothing, it is just 12% percent of a wall that just got munched.  Thanks for being a cud bear tho

So much ignoring and Fonzie has been making more sense then the despair bears left
I'm not a bear - HODLING with the rest.
hero member
Activity: 574
Merit: 500
This here makes sense to me:

more interesting is the coinbase lack of coins - this possibly tells us the miners who they buy from are now close to or below cost of production and are no longer selling OTC, forcing coinbase back to exchange and needing to move fiat back to bitstamp or others. This is more indicative of a floor than any large wall on stamp.
Don't expect a stellar rise though - once the price rises enough the miners will be back to dump their coins.


So sideways-ish for the next 2 months or so

3600 is nothing, it is just 12% percent of a wall that just got munched.  Thanks for being a cud bear tho

So much ignoring and Fonzie has been making more sense then the despair bears left
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
Wall is gone.  Prepare for nasty drop this week.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
This here makes sense to me:

more interesting is the coinbase lack of coins - this possibly tells us the miners who they buy from are now close to or below cost of production and are no longer selling OTC, forcing coinbase back to exchange and needing to move fiat back to bitstamp or others. This is more indicative of a floor than any large wall on stamp.
Don't expect a stellar rise though - once the price rises enough the miners will be back to dump their coins.


So sideways-ish for the next 2 months or so

More time for me to sell kidneys to buy more coins!
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1148
Merit: 1001
things you own end up owning you
There's less than 30k bitcoins to $3000 on stamp.


Are you serious ?   Cheesy  we never look at the ask side because always, and I mean always when the price go a bit up new asks shows up, simply because people are not comfortable leaving their coins on an exchange, they send them when they see a good opportunity to sell.

in the other side we look at bids because sending money to an exchange is not that fast.
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