Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25269. (Read 26608375 times)

legendary
Activity: 1498
Merit: 1000
more fun?
 Wink

I own this market!
You don't own yourself though idiot
legendary
Activity: 1232
Merit: 1011
more fun?
 Wink

I own this market!



this market is maturing!

hero member
Activity: 742
Merit: 500
Circle gets the Square
There's a premium that would need to be paid for someone to acquire 30K.. look at the USMS Auction. To show a 30K wall would be completely stupid unless, of course, it's just designed to scare people. It's working.

And yet nobody wants to buy it

Ex-fuggin-zactly. No one wants this shit. You wanted cheap coins? Here they are! No? You wont buy until $274? Oh ok. Tomorrow: $260. Oh, you wont buy until $259?


Oh, you are actually just a desperate bulltard trying to pretend these prices are sooooooo low and the steal of a lifetime... all the way from $600? Eat shit.





I'm not buying, I haven't bought this year, and I don't remember saying that these prices are the steal of a lifetime. Be civil or "eat shit" yourself.

My post wasnt directed at you, its directed at the same people who keep saying every price is the bottom.. for the last $300 of price dropping.

Duly noted, and agreed with.
hero member
Activity: 504
Merit: 500
Moderator
Doesn't look like 300 will hold on stamp

So before I go to sleep.

What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall?

Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins?

Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling.

Theories?

I guess he/they simple wants sell. Maybe speculated for a double bottom and failed. Now he wants to take the ~9,000,000 USD leave the game. I think: it's an offer, not bearish, not bullish, a simple offer.

It's bearish only in the sense that it invalidates all the "big players are paying premium prices, buying OTC to avoid slippage."

Only if it sells.. Smiley

Actually, just the opposite.  The wall being bought would mean that big players do want to buy large quantities without slippage.

Seriously. I´m sure all of the big players that are interested in buying huge chunks have 10 Mio+ laying around on Bitstamp (and on every other exchange to be sure) sitting in front of their computer24/7, just in case someone puts up a 30k BTC wall... And it´s weekend btw.
That wall has been around for a few hours on a Sunday. we´ll see how much longer it stays.

You trade large amounts without your cell ringing when the price hits your mark?
And you think it's some minnow risking 27k coin on a Sunday?

ehh, i was sarcastic about the part that people have millions of USD on every exchange just in case a opportunity arises to buy huge sum of coins without slippage.

Yes, sure.  But there was NO volume buying into the wall.  This would have to mean that the big guys have NO fiat on exchanges.  If that's the case, why?

Could be that it is because big guys love money and bitcoin exchanges this year(and before) havent´t been proven to be very reliable??
Small fishes are too scared too buy in a wall that big(especially after the last months that weren´t too promising about the start of an upcmoing bull trend(e.g. paypal trap), but would probably follow when the first 40-50% have been munched.
newbie
Activity: 13
Merit: 0
Some trolls here still try to deny that he is using the oldest trick ever aka buy everything up below your sell wall...

A lot of people/trolls here probably don't even know such a trick exists.
legendary
Activity: 896
Merit: 1000
There's a premium that would need to be paid for someone to acquire 30K.. look at the USMS Auction. To show a 30K wall would be completely stupid unless, of course, it's just designed to scare people. It's working.

And yet nobody wants to buy it

Ex-fuggin-zactly. No one wants this shit. You wanted cheap coins? Here they are! No? You wont buy until $274? Oh ok. Tomorrow: $260. Oh, you wont buy until $259?


Oh, you are actually just a desperate bulltard trying to pretend these prices are sooooooo low and the steal of a lifetime... all the way from $600? Eat shit.



I'm not buying, I haven't bought this year, and I don't remember saying that these prices are the steal of a lifetime. Be civil or "eat shit" yourself.

My post wasnt directed at you, its directed at the same people who keep saying every price is the bottom.. for the last $300 of price dropping.
sr. member
Activity: 280
Merit: 250
Who cares?
more fun?
 Wink

I own this market!

I can't tell if you're trolling.
sr. member
Activity: 462
Merit: 250
more fun?
 Wink

I own this market!
legendary
Activity: 2464
Merit: 1145

Yes, sure.  But there was NO volume buying into the wall.  This would have to mean that the big guys have NO fiat on exchanges.  If that's the case, why?

theres one simple answer: trust, or rather the lack of it.
hero member
Activity: 686
Merit: 500
Ultranode
Whoever owns that wall probably has inside info about fiat that just landed on the exchange but sits offbook. Pulling the wall causes a short term spike, tempting fiat to move onbook.
hero member
Activity: 742
Merit: 500
Circle gets the Square
There's a premium that would need to be paid for someone to acquire 30K.. look at the USMS Auction. To show a 30K wall would be completely stupid unless, of course, it's just designed to scare people. It's working.

And yet nobody wants to buy it

Ex-fuggin-zactly. No one wants this shit. You wanted cheap coins? Here they are! No? You wont buy until $274? Oh ok. Tomorrow: $260. Oh, you wont buy until $259?


Oh, you are actually just a desperate bulltard trying to pretend these prices are sooooooo low and the steal of a lifetime... all the way from $600? Eat shit.



I'm not buying, I haven't bought this year, and I don't remember saying that these prices are the steal of a lifetime. Be civil or "eat shit" yourself.
sr. member
Activity: 378
Merit: 254
Doesn't look like 300 will hold on stamp

So before I go to sleep.

What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall?

Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins?

Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling.

Theories?

I guess he/they simple wants sell. Maybe speculated for a double bottom and failed. Now he wants to take the ~9,000,000 USD leave the game. I think: it's an offer, not bearish, not bullish, a simple offer.

It's bearish only in the sense that it invalidates all the "big players are paying premium prices, buying OTC to avoid slippage."

Only if it sells.. Smiley

Actually, just the opposite.  The wall being bought would mean that big players do want to buy large quantities without slippage.

Seriously. I´m sure all of the big players that are interested in buying huge chunks have 10 Mio+ laying around on Bitstamp (and on every other exchange to be sure) sitting in front of their computer24/7, just in case someone puts up a 30k BTC wall... And it´s weekend btw.
That wall has been around for a few hours on a Sunday. we´ll see how much longer it stays.

You trade large amounts without your cell ringing when the price hits your mark?
And you think it's some minnow risking 27k coin on a Sunday?

ehh, i was sarcastic about the part that people have millions of USD on every exchange just in case a opportunity arises to buy huge sum of coins without slippage.

Yes, sure.  But there was NO volume buying into the wall.  This would have to mean that the big guys have NO fiat on exchanges.  If that's the case, why?
legendary
Activity: 896
Merit: 1000
Battle of the manipulators?  Shocked

The instant the wall was pulled, BFX went nuts. It wasnt the other way around.

At first I though the price started to rise on BFX and the wall guy removed it.. which would lead me to believe it was fake, but that is not the case.

He might have been moving it down and now is confused as the price just shot up.
hero member
Activity: 504
Merit: 500
Moderator
Some trolls here still try to deny that he is using the oldest trick ever aka buy everything up below your sell wall...
member
Activity: 84
Merit: 10
Well it seems to me that that wall did it's job.

We seemed to bounce back. From 276 to above 320. Then he sold and put up a giant wall to prevent further recovery.

Thanks a lot.

It does not mean a lot. Could start to sell a part, move it down...next hours/days will show.
legendary
Activity: 2002
Merit: 1040
legendary
Activity: 1652
Merit: 1029
Now a 25k buy takes us to $1100 Cheesy
hero member
Activity: 504
Merit: 500
Moderator
Doesn't look like 300 will hold on stamp

So before I go to sleep.

What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall?

Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins?

Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling.

Theories?

I guess he/they simple wants sell. Maybe speculated for a double bottom and failed. Now he wants to take the ~9,000,000 USD leave the game. I think: it's an offer, not bearish, not bullish, a simple offer.

It's bearish only in the sense that it invalidates all the "big players are paying premium prices, buying OTC to avoid slippage."

Only if it sells.. Smiley

Actually, just the opposite.  The wall being bought would mean that big players do want to buy large quantities without slippage.

Seriously. I´m sure all of the big players that are interested in buying huge chunks have 10 Mio+ laying around on Bitstamp (and on every other exchange to be sure) sitting in front of their computer24/7, just in case someone puts up a 30k BTC wall... And it´s weekend btw.
That wall has been around for a few hours on a Sunday. we´ll see how much longer it stays.

You trade large amounts without your cell ringing when the price hits your mark?
And you think it's some minnow risking 27k coin on a Sunday?

ehh, i was sarcastic about the part that people have millions of USD on every exchange just in case a opportunity arises to buy a huge sum of coins without slippage.
sr. member
Activity: 280
Merit: 250
Who cares?
Doesn't look like 300 will hold on stamp

So before I go to sleep.

What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall?

Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins?

Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling.

Theories?

My theorie, its some one that whants the price to go down. They are not intending to sell, otherwhise they would not have closed the sell wall and put it up higher.
And with 30k I think that they can well bring it to 100 -130 if done right.


The question is, who and why Cheesy

Wild speculation would be, that the winklov brothers need more Bitcoin for there ETF. So they are trying to bring the  Price down. ^^


Nigga, please.  The last thing the winks are going to get involved with right now would be rampant manipulation.  They don't want that etf to have any association with anything that might be construed as illeagal.
sr. member
Activity: 294
Merit: 250
300-310-300 in about 5 seconds Cheesy
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