Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25301.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: porcupine87 on October 05, 2014, 12:01:36 PM

Quote from: seleme on October 05, 2014, 11:58:24 AM

Quote from: mmitech on October 05, 2014, 11:33:08 AM

I have to admit I am kind of worried...there is something happening behind the scenes.

Seeing that wall, the only thing it might happening behind is bullish.

hm. But do you think this wasn't the same guy which sold the 6000btc at $306? I just bought a few. Just in case to miss the bull time. (worse than losing money

)

Whatever it is, the fact that there is entity who waited for btc to go down at 300$ without selling, and then put all that into the wall to scare people means only that somebody wants to buy, not to sell.

mrkavasaki

hero member

Activity: 888

Merit: 500

thank you bitcoin now my kids get no gifts for christmas

sorry kids Embarrassed

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: prophetx on October 05, 2014, 12:12:09 PM

Quote from: fonsie on October 05, 2014, 12:03:49 PM

Quote from: mmitech on October 05, 2014, 11:59:21 AM

Quote from: fonzie on October 05, 2014, 11:55:33 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

If he wanted to sell, he would have called, GABI, Tim Draper, Barry Silbert, some other OTC exchange, or just dump them all in one go. But not by placing walls on a sunday!

maybe he wanted some entertainment value. maybe he called them and they said no, or gave him a bad rate. maybe he is drunk and found out his g/f was in a gang bang last night with his brother...

you don't need the reason, the fact is there is a wall, there is a person who is trigger happy, and could shit on your trade at any moment.

I have to admit, if i would own 100k+BTC , i would at least have once crashed one of the exchanges to 0$, just for the fun of it.

aclass

sr. member

Activity: 381

Merit: 251

Exactly.

Remove your buy orders. Let it slip down as resistance right now is pointless.

Quote from: fonzie on October 05, 2014, 12:10:34 PM

If someone ever witnessed the situation of the BTC-E alts(LTC/NMC/PPC) last year before the runup. This is a 1:1 copy of it.
Ask seleme. I still remember that 5000BTC LTC wall @ 2$ , one week later it shoot up to 45. Push it down as hard as you can, shake everyone out, buy as much as possbile, remove asks (buy a bit into your own after accumulation to enleash bullish sentiment; Lots of USD on the orderbook, most coins are gone. --> Rocket
I would be highls impressed it this isn´t what we are seeing here. Also someone with 30k coins would probably prefer to sell OTC .
I´m not saying a hard bull-run is coming in, but this here (guy@300) happens definitely to create panic and push the price down to buy below it.
It could even go on for 1-2 weeks, and the price might fall to 200$, but this is not about someone leaving the game.

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: gizmoh on October 05, 2014, 12:07:24 PM

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is a joke, rigged market and being openly manipulated. Your asset will be more depreciated by your action than your gain in the medium/long term.

PS: Please continue now, hurt is already done and i have to buy but cheaper Grin

Well said, my thoughts too.

PL_CoinTrader

full member

Activity: 226

Merit: 100

Quote from: 2dogs on October 05, 2014, 12:10:44 PM

Hmmm, just woke up and find the price is now 285.
What the hell is going on? Huh

The world is gonna end tomorrow. Obvious is obvious.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: fonsie on October 05, 2014, 12:03:49 PM

Quote from: mmitech on October 05, 2014, 11:59:21 AM

Quote from: fonzie on October 05, 2014, 11:55:33 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

If he wanted to sell, he would have called, GABI, Tim Draper, Barry Silbert, some other OTC exchange, or just dump them all in one go. But not by placing walls on a sunday!

maybe he wanted some entertainment value. maybe he called them and they said no, or gave him a bad rate. maybe he is drunk and found out his g/f was in a gang bang last night with his brother...

you don't need the reason, the fact is there is a wall, there is a person who is trigger happy, and could shit on your trade at any moment.

dakota neat

hero member

Activity: 658

Merit: 500

Quote from: 2dogs on October 05, 2014, 12:10:44 PM

Hmmm, just woke up and find the price is now 285.
What the hell is going on? Huh

You're getting assraped.

2dogs

legendary

Activity: 1267

Merit: 1000

Hmmm, just woke up and find the price is now 285.
What the hell is going on? Huh

fonzie

hero member

Activity: 504

Merit: 500

Moderator

If someone ever witnessed the situation of the BTC-E alts(LTC/NMC/PPC) last year before the runup. This is a 1:1 copy of it.
Ask seleme. I still remember that 5000BTC LTC wall @ 2$ , one week later it shoot up to 45. Push it down as hard as you can, shake everyone out, buy as much as possbile, remove asks (buy a bit into your own after accumulation to enleash bullish sentiment; Lots of USD on the orderbook, most coins are gone. --> Rocket
I would be highls impressed it this isn´t what we are seeing here. Also someone with 30k coins would probably prefer to sell OTC .
I´m not saying a hard bull-run is coming in, but this here (guy@300) happens definitely to create panic and push the price down to buy below it.
It could even go on for 1-2 weeks, and the price might fall to 200$, but this is not about someone leaving the game.

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: gizmoh on October 05, 2014, 12:07:24 PM

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is still a really small market with huge potential upside and that it can get fucked over by anybody with a little bit of money

PS: Please continue now, hurt is already done and i have to buy but cheaper Grin

fixed that for ya

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: gizmoh on October 05, 2014, 12:07:24 PM

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is a joke, rigged market and being openly manipulated. Your asset will be more depreciated by your action than your gain in the medium/long term.

PS: Please continue now, hurt is already done and i have to buy but cheaper Grin

you do realize that this mr manipulator could be paid by bankster ?

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: tarmi on October 05, 2014, 12:07:03 PM

Quote from: prophetx on October 05, 2014, 12:04:39 PM

Quote from: robinwilliams on October 05, 2014, 12:03:06 PM

Quote from: blade87 on October 05, 2014, 11:56:55 AM

Quote from: Richard Branson on October 05, 2014, 11:52:13 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

sell and buy a 10 room mansion and get 9 wives

I can understand 10 rooms, but who the f needs 9 wives?

One for each room.

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: porcupine87 on October 05, 2014, 12:06:35 PM

Quote from: fonzie on October 05, 2014, 11:55:33 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

Ok, so why did he remove it after a short while if he is a legit seller, and why did build up that 8000BTC bid wall @380....
and why didn´t he slowly sell out over all exchanges distributed.
he also could have sold on Bitfinex @ 360 when they had around 10-12k down to 300$
I don´t think that someone with that much BTC suddenly decides to panic when it goes from 350 to 310$
Sorry but your explanation is highly unlikely.

Hm if someone bought 30 000btc for 1000$, this might not be a pro. And maybe he don't trusts other exchanges. I don't know. 50 for a further decraise and 50 for a raise. Like always

hmmm hacker ?

gizmoh

legendary

Activity: 1428

Merit: 1000

To Mr Manipulator: You already own huge stash of 30K-40K and create panic over an already bear market in the hope of gaining 2k-3k btc more. You just proved bitcoin is a joke, rigged market and being openly manipulated. Your asset will be more depreciated by your action than your gain in the medium/long term.

PS: Please continue now, hurt is already done and i have to buy but cheaper Grin

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: prophetx on October 05, 2014, 12:04:39 PM

Quote from: robinwilliams on October 05, 2014, 12:03:06 PM

Quote from: blade87 on October 05, 2014, 11:56:55 AM

Quote from: Richard Branson on October 05, 2014, 11:52:13 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

sell and buy a 10 room mansion and get 9 wives

I can understand 10 rooms, but who the f needs 9 wives?

porcupine87

hero member

Activity: 546

Merit: 500

hm

Quote from: fonzie on October 05, 2014, 11:55:33 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

Ok, so why did he remove it after a short while if he is a legit seller, and why did build up that 8000BTC bid wall @380....
and why didn´t he slowly sell out over all exchanges distributed.
he also could have sold on Bitfinex @ 360 when they had around 10-12k down to 300$
I don´t think that someone with that much BTC suddenly decides to panic when it goes from 350 to 310$
Sorry but your explanation is highly unlikely.

Hm if someone bought 30 000btc for 1000$, this might not be a pro. And maybe he don't trusts other exchanges. I don't know. 50 for a further decraise and 50 for a raise. Like always

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: BldSwtTrs on October 05, 2014, 12:01:07 PM

Quote from: mmitech on October 05, 2014, 11:59:21 AM

Quote from: fonzie on October 05, 2014, 11:55:33 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

There is also the possibility that the 5k wall was his, and that he sold into it to trigger the panic, and then put the wall to lock lower prices while he is rebuying.

Almost surely the case...

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: robinwilliams on October 05, 2014, 12:03:06 PM

Quote from: blade87 on October 05, 2014, 11:56:55 AM

Quote from: Richard Branson on October 05, 2014, 11:52:13 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

ding ding ding ... some sanity in the house.

what would you do if you woke up with 50,000 bitcoins and your cost average was .50 in this market?

sell and buy a 10 room mansion and get 9 wives

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: mmitech on October 05, 2014, 11:59:21 AM

Quote from: fonzie on October 05, 2014, 11:55:33 AM

Quote from: mmitech on October 05, 2014, 11:49:56 AM

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

Ok, so why did he remove it after a short while if he is a legit sell, and build up that 8000BTC bid wall....
and why didn´t he slowly sell out over all exchanges distributed.
Sorry but your explanation is highly unlikely.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

If he wanted to sell, he would have called, GABI, Tim Draper, Barry Silbert, some other OTC exchange, or just dump them all in one go. But not by placing walls on a sunday!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25301. (Read 26609705 times)