Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25242. (Read 26607956 times)
October 05, 2014, 11:37:04 PM
I haven't felt so bullish in a long time. Perhaps since SR crash.
October 05, 2014, 11:36:46 PM
guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten
wow. That's quite bullish. Also the fact that it doesn't seem to scare the market.
Thanks for the info everyone.
October 05, 2014, 11:36:37 PM
this is amazing!
October 05, 2014, 11:35:43 PM
16.23K
October 05, 2014, 11:35:29 PM
A viable proposal from another thread -
"I've wondered whether the Oct 15 deadline for US income tax might be playing a role. Someone who needed to sell bitcoin to pay 2013 income taxes may have taken the 6-month extension, thinking / hoping that the next bubble would have at least started by now. "
This would really make sense. The whale spent the last few days trying to get the best price possible, and now is left with setting up a wall that will get eaten hopefully in a day or two. Once eaten, it takes a few days to get the cash off of the exchange and off to the IRS.
Seems VERY bullish to me.
"I've wondered whether the Oct 15 deadline for US income tax might be playing a role. Someone who needed to sell bitcoin to pay 2013 income taxes may have taken the 6-month extension, thinking / hoping that the next bubble would have at least started by now. "
This would really make sense. The whale spent the last few days trying to get the best price possible, and now is left with setting up a wall that will get eaten hopefully in a day or two. Once eaten, it takes a few days to get the cash off of the exchange and off to the IRS.
Seems VERY bullish to me.
How is that bullish?
October 05, 2014, 11:35:16 PM
chomp chomp mother fucker
October 05, 2014, 11:34:25 PM
i wonder what will happen after the wall was torn down, will this manbearwhale transformed into manbullwhale and buy all the way up to 3000usd ?
Or market sell another 20KBTC to crash the price, cause a panic, and buy back well below the $300 he's getting now?
thats just isnt going to work
he's not going to be able to buy back all the coins he sold without pushing price up, i would think...
Unless he places staggered bids starting down from the bottom of his market sell and lets the panickers fill them.
the markets don't seem very panicky even when faced with 30K ask wall after a huge volume day making a new all time recent lows...
idk, i just don't see it happening
October 05, 2014, 11:33:35 PM
While these coins are cheap, its more scary that this large whale is most likely exiting the btc market. Not good to see big money go out the door.
I think it's good as long as many buyers are buying. Distribute all the coins!
Unfortunately I fear that now is one of these times when only few have the balls to buy. The masses? Probably not.
The few who buy when there's blood on the streets are the ones who clean up. All of those Russian oligarchs bought up shares of gazprom and the other formerly state-owned businesses for pennies on the dollar. WE buy when it's low and sell to the momentum monkeys during the next bubble. (then buy them all back at half price afterward)
October 05, 2014, 11:33:05 PM
guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten
The market is hungry for cheap coins.
yy, u know the bulls gotta eat
October 05, 2014, 11:32:57 PM
This is my first time losing sleep. Even drugs aren't helping.
October 05, 2014, 11:32:24 PM
guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten
The market is hungry for cheap coins.
October 05, 2014, 11:31:38 PM
LOL we're the new wealthy elite boys!!
remember when we come up the SHOW GOES ON
remember when we come up the SHOW GOES ON
October 05, 2014, 11:30:53 PM
guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten
October 05, 2014, 11:30:48 PM
Also, is the bid sum dropping by the equivalent amount every nibble? Or is this fiat mostly invisible?
It looks like $1m has come from the visible orderbook since the 30k appeared, so about $3m more of the buying was from hidden fiat.
http://coinsight.org/bitstamp
guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
About 5k was dumped in the market, and rest left at $300, after moving it around a few times.
October 05, 2014, 11:30:22 PM
thats just isnt going to work
he's not going to be able to buy back all the coins he sold without pushing price up, i would think...
he's not going to be able to buy back all the coins he sold without pushing price up, i would think...
$199 and we see $150 then we are almost home ...square 1 lol
October 05, 2014, 11:30:18 PM
guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
October 05, 2014, 11:30:00 PM
i wonder what will happen after the wall was torn down, will this manbearwhale transformed into manbullwhale and buy all the way up to 3000usd ?
Or market sell another 20KBTC to crash the price, cause a panic, and buy back well below the $300 he's getting now?thats just isnt going to work
he's not going to be able to buy back all the coins he sold without pushing price up, i would think...
Unless he places staggered bids starting down from the bottom of his market sell and lets the panickers fill them.
October 05, 2014, 11:28:36 PM
While these coins are cheap, its more scary that this large whale is most likely exiting the btc market. Not good to see big money go out the door.
I think it's good as long as many buyers are buying. Distribute all the coins!
Unfortunately I fear that now is one of these times when only few have the balls to buy. The masses? Probably not.
I have the balls! I just don't have the money!
October 05, 2014, 11:28:33 PM
A viable proposal from another thread -
"I've wondered whether the Oct 15 deadline for US income tax might be playing a role. Someone who needed to sell bitcoin to pay 2013 income taxes may have taken the 6-month extension, thinking / hoping that the next bubble would have at least started by now. "
This would really make sense. The whale spent the last few days trying to get the best price possible, and now is left with setting up a wall that will get eaten hopefully in a day or two. Once eaten, it takes a few days to get the cash off of the exchange and off to the IRS.
Seems VERY bullish to me.
"I've wondered whether the Oct 15 deadline for US income tax might be playing a role. Someone who needed to sell bitcoin to pay 2013 income taxes may have taken the 6-month extension, thinking / hoping that the next bubble would have at least started by now. "
This would really make sense. The whale spent the last few days trying to get the best price possible, and now is left with setting up a wall that will get eaten hopefully in a day or two. Once eaten, it takes a few days to get the cash off of the exchange and off to the IRS.
Seems VERY bullish to me.
October 05, 2014, 11:27:55 PM
While these coins are cheap, its more scary that this large whale is most likely exiting the btc market. Not good to see big money go out the door.
I think it's good as long as many buyers are buying. Distribute all the coins!
Unfortunately I fear that now is one of these times when only few have the balls to buy. The masses? Probably not.
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