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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25265. (Read 26608296 times)

sr. member
Activity: 280
Merit: 250
Who cares?
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
As much as I hate showing this

.

Hopefully it doesn't happen.
legendary
Activity: 2464
Merit: 1145
Maybe a silly question, but why not introduce a fee for placing an order?
Let's say 50% of the current fee which we have to pay to the exchanges. The exchange gets the other 50% when there is a buy/sell.

This way ONLY the real asks and bids will be at the exchanges. No playground for people like Nemesis (if he's the right person), cause he'll lose (a lot of) money to place such an order in the first place...

I think it could be better for the near future of BTC (new money).

It´s actually quite the opposite. A lot of exchanges now use maker/taker system, which means that the own who placed his wall actually get´s paid for it cause he improves liquidity on the exchanges. Which makes sense in my opinion. There is nothing wrong with placing huge walls on an exxchange, it´s a free market, if someone wants to buy/sell into it, he can do. If someone is using it to manipulate the price he is risking his stash USD or BTC.

biggest problems are players who sell/buy into themself.
i dont see a problem in huge wall either, but buying/selling into your own orders should not be possible. but i guess this is impossible.
newbie
Activity: 32
Merit: 0
more fun?
 Wink

I own this market!

I can understand using leverage if you have the ability to do so, but doesn't there come a point where you want to encourage the Bitcoin community and keep a positive sentiment for the sake of long term success?  "With great power comes great responsibility" so the saying goes.  There are many people that are new to Bitcoin that will be scared away from investing their time and resources in it just from "games" being played.  We don't want to lose these people.  They are valuable to growth and sustaining the market.  





is not important whilst having a megalomanic coke rush!


I usually just listen and learn but great responsibility was shown with that wall of great power.  That wall could of easily crushed the "strong" support of 266.  As for the new people they should not invest without due diligence, having studied the extreme volatility and fundamentals that is BITCOIN. 
hero member
Activity: 504
Merit: 500
Moderator
Maybe a silly question, but why not introduce a fee for placing an order?
Let's say 50% of the current fee which we have to pay to the exchanges. The exchange gets the other 50% when there is a buy/sell.

This way ONLY the real asks and bids will be at the exchanges. No playground for people like Nemesis (if he's the right person), cause he'll lose (a lot of) money to place such an order in the first place...

I think it could be better for the near future of BTC (new money).

It´s actually quite the opposite. A lot of exchanges now use maker/taker system, which means that the own who placed his wall actually get´s paid for it cause he improves liquidity on the exchanges. Which makes sense in my opinion. There is nothing wrong with placing huge walls on an exxchange, it´s a free market, if someone wants to buy/sell into it, he can do. If someone is using it to manipulate the price he is risking his stash USD or BTC.
legendary
Activity: 2772
Merit: 1127
Maybe a silly question, but why not introduce a fee for placing an order?
Let's say 50% of the current fee which we have to pay to the exchanges. The exchange gets the other 50% when there is a buy/sell.

This way ONLY the real asks and bids will be at the exchanges. No playground for people like Nemesis (if he's the right person), cause he'll lose (a lot of) money to place such an order in the first place...

I think it could be better for the near future of BTC (new money).

first exchange to do that would die with no volume.

The chinese don't have trade fees, if we introduce fee for placing order everyone will go to china or to underground exchanges
legendary
Activity: 3780
Merit: 5429
Reverse head-and-shoulders pattern forming on the 15m chart, looks good so far.

Not once or twonce we had fake recovers before dropping to the next level. Biggest one was the rise to 450 after announcement of paypal accepting BTC.


I would be very onservative before calling a reversal

+1.  I do like this bounce though.

paypal was huge news and it went up like 20 bucks which was hugely scare (should have been a 30% bump)

Agreed, I'm not calling it a bottom just yet.  We need to break 350 and fkn stay above that for some period of time.  Like several weeks.
sr. member
Activity: 364
Merit: 250
Our weekly volume hasn't been this high since February.
Our 3-day volume hasn't been this high since April.
Our 1-day volume hasn't been this high since the beginning of March (Gox).
member
Activity: 112
Merit: 10
Reverse head-and-shoulders pattern forming on the 15m chart, looks good so far.

Not once or twonce we had fake recovers before dropping to the next level. Biggest one was the rise to 450 after announcement of paypal accepting BTC.


I would be very onservative before calling a reversal

+1.  I do like this bounce though.

paypal was huge news and it went up like 20 bucks which was hugely scare (should have been a 30% bump)
legendary
Activity: 1148
Merit: 1001
NEW VOTE PLEASE:

350 BY TOMMOROW?

1. YES
2. NO
3. 400

no, at least not for a significant period of time.

What, 10 minutes?  Wink
sr. member
Activity: 364
Merit: 250
Holy shit.  I walk away for 5 minutes...
hero member
Activity: 672
Merit: 501
Well dude pulled his willy again at 320.... now the markets are way alive right now. fiatleak is annoying when playing D3 and the dings go off a plenty.
member
Activity: 67
Merit: 10
Maybe a silly question, but why not introduce a fee for placing an order?
Let's say 50% of the current fee which we have to pay to the exchanges. The exchange gets the other 50% when there is a buy/sell.

This way ONLY the real asks and bids will be at the exchanges. No playground for people like Nemesis (if he's the right person), cause he'll lose (a lot of) money to place such an order in the first place...

I think it could be better for the near future of BTC (new money).
legendary
Activity: 896
Merit: 1000
NEW VOTE PLEASE:

350 BY TOMMOROW?

1. YES
2. NO
3. 400

no, at least not for a significant period of time.
legendary
Activity: 2338
Merit: 1035
legendary
Activity: 1652
Merit: 1029
Where you been adam? U missed all teh fun.

Also...

So the massive ask wall was a bull who wanted to buy some moar coins for cheap then?
legendary
Activity: 2772
Merit: 1127
Reverse head-and-shoulders pattern forming on the 15m chart, looks good so far.

Not once or twonce we had fake recovers before dropping to the next level. Biggest one was the rise to 450 after announcement of paypal accepting BTC.


I would be very onservative before calling a reversal
hero member
Activity: 644
Merit: 500
This is going to turn out to be the largest 24 hour volume since the big bubble.
legendary
Activity: 2464
Merit: 1145
NEW VOTE PLEASE:

350 BY TOMMOROW?

1. YES
2. NO
3. 400
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