Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25249. (Read 26607966 times)
October 05, 2014, 09:51:50 PM
Epic indeed. It's like the Berlin wall. You want to take a piece of it just as a souvenir.
October 05, 2014, 09:50:25 PM
Glad to be living through this. I missed nearly every other significant BTC event. The theories are amazing.
I am entertained. Bravo
I'll wager that this action attracts many new traders tbh
I am entertained. Bravo
I'll wager that this action attracts many new traders tbh
October 05, 2014, 09:49:26 PM
20.18K
October 05, 2014, 09:48:57 PM
This could end very badly for Bitstamp. If the buying slows down enough from most of the traders on Bitstamp exhausting their supply of dollars, Mr. 30k might keep reducing his ask price until he has sold through most of the order book. That would leave everyone else on Bitstamp with lots of bitcoin and only enough dollars to support a far lower price (probably under $100). At that point, people would rush to move their bitcoins to a different exchange to sell them. The only things that would prevent this from happening are a lot of dollars that aren't currently being used for any orders or the 20k wall being bought very quickly or pulled.
October 05, 2014, 09:47:36 PM
Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?
no this has literally never happened b4
this is one of the, if not THE most expensive wall i have ever seen, there have not be many 5million+ walls, maybe like 5-10 of them this year, every time market has eaten them, every time.
this wall is HUGE
October 05, 2014, 09:44:33 PM
Buy that wall down! ...... THIS IS SPARTAN!
October 05, 2014, 09:44:21 PM
Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?
Never this stable, no... its prettty eerie LOL
Only 10 BTC missing for me to have enough BTC to buy the entire wall in one go, so send me 10 BTC and I'll do it 
I dont think thats how it works 
do you believe this is the bottom??
because i am worried to sleep
because i am worried to sleep
At this point, why sell? I wish you luck. Maybe put an ask order at $340 if you are really worried.
October 05, 2014, 09:43:46 PM
Only 10 BTC missing for me to have enough BTC to buy the entire wall in one go, so send me 10 BTC and I'll do it
October 05, 2014, 09:43:24 PM
do you believe this is the bottom??
because i am worried to sleep
because i am worried to sleep
October 05, 2014, 09:41:24 PM
Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?
October 05, 2014, 09:39:41 PM
Pardon the shittyshop
October 05, 2014, 09:38:48 PM
Saw this over on ToF...interesting stuff for those who claim mining ops aren't over-extended
Also, this comment from Goat
Also, this comment from Goat
Quote
bitstamp will notice this, who would risk 35k btc on a site where it could be locked down? my bet this is an old school whale who is friends or even an owner of bitstamp. i highly doubt its stolen funds. this is a big boy play.
October 05, 2014, 09:38:31 PM
OMG ONCE IT HITS 19,999.99 ITS OVER. THAT WALL IS GONNA FALL LIKE THE LEANING TOWER OF PIZZA
Do you honestly think he will leave it there until it is eaten?
He has pulled the wall twice already, 3 times if you include his bid walls.
I was called a bear earlier for saying the Huobi wall at 2000 wouldn't survive (and couldn't even accept the 60 btc bet before the wall was gone...literally 5 minutes), then I get called a bulltard for wondering how long the whale would leave his wall in place this time. Ever hear of pragmatism, people?
At the rate people are nibbling on it? Maybe. But more likely he removes it again, lets bulltards build up more walls on $300, and then does a final mark sell down to $250 or so where he sells the rest of the wall.
October 05, 2014, 09:35:49 PM
Possibly both wall are put up by the same person, trying to scare the speculators to sell into his smaller buy wall, so far some 100 coins were collected, but at the same time the sell war shrinked by 1000, so this is not running well now
There is a 100% chance this is the case.
October 05, 2014, 09:34:57 PM
now ~1h 30mins since the gr8 wall of stamps appeared
>6K BTC have been bought off it
>6K BTC have been bought off it
October 05, 2014, 09:33:36 PM
October 05, 2014, 09:33:28 PM
OMG ONCE IT HITS 19,999.99 ITS OVER. THAT WALL IS GONNA FALL LIKE THE LEANING TOWER OF PIZZA
Do you honestly think he will leave it there until it is eaten?
He has pulled the wall twice already, 3 times if you include his bid walls.
I was called a bear earlier for saying the Huobi wall at 2000 wouldn't survive (and couldn't even accept the 60 btc bet before the wall was gone...literally 5 minutes), then I get called a bulltard for wondering how long the whale would leave his wall in place this time. Ever hear of pragmatism, people?
October 05, 2014, 09:30:35 PM
Next year we'll all be telling the story about the 30K Stamp wall when people freakout over a 5K wall.
We often freaked out about a 3000 wall in the last weeks...
BTW, how large was that wall on Gox @266-270 before we shoot through it? 20k?
only 10
that was marks 10K wall on stamps right b4 the news came out that mtgox had imploded @620ish
no i meant the one in November before the runup to the new ATH
That gox wall was def 10k and only lasted a few minutes. Loads more buying pressure then.
This thread is full of history. If you wanted to, you could dig it up and see what were once live-reactions
Its a guilty pleasure of mine
October 05, 2014, 09:29:55 PM
Possibly both wall are put up by the same person, trying to scare the speculators to sell into his smaller buy wall, so far some 100 coins were collected, but at the same time the sell war shrinked by 1000, so this is not running well now
It's going perfectly well, he just wants to sell his 20K while keeping others from putting up sell walls under him. He's saying basically "Yo if you so want to sell right now, here's the offer, but everything else goes into my sellwall, KTHX". And so far, that's working out. A few people sold for 200 BTC, but in the meantime his wall got to offload 2000.
He simply wants out, that is all.
That gox wall was def 10k and only lasted a few minutes. Loads more buying pressure then.
I was there™ and the battle actually lasted for the better part of a day.
October 05, 2014, 09:27:48 PM
Next year we'll all be telling the story about the 30K Stamp wall when people freakout over a 5K wall.
We often freaked out about a 3000 wall in the last weeks...
BTW, how large was that wall on Gox @266-270 before we shoot through it? 20k?
only 10
that was marks 10K wall on stamps right b4 the news came out that mtgox had imploded @620ish
no i meant the one in November before the runup to the new ATH
That gox wall was def 10k and only lasted a few minutes. Loads more buying pressure then.
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