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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25303. (Read 26609716 times)

newbie
Activity: 68
Merit: 0
sr. member
Activity: 434
Merit: 250
Next stop...$156.20 and even that is overvalued.

Single digits...single digits is all its worth at the very most.

Personally I wouldn't buy back in until its less than a dollar.
hero member
Activity: 546
Merit: 500
hm
Ok, back from fiat to bitcoin. My guess is that we go back to 350 - 400 in a couple of days. Maybe we will test 250, but who knows...
hero member
Activity: 504
Merit: 500
Moderator
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.

 Roll Eyes

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.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Btc whales are noticing that Btc was a nice experiment and now it is the time for 2.0 cryptos.

Yeah i gues that´s what happening. Which scamcoin (that you did  invest in)  would you like to get pumped?

I recommend buying some XCP

not sure if it is a scam or not, might be a ponzi scheme
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
No this thing is going to be BAD.  The reason right after GOX was obliterated and the price didn't really move, was because according to some TA it was time for a new rally so everyone had their hopes up.  The thing is no one knew that the age of exchange engineered rallies are now officially over.  So the dust started settling and now we are seeing it.  Who knows how low the dust will settle, but I believe it could go as low as sub $50 or sub $30.
sr. member
Activity: 381
Merit: 251
EUR did go down a bit in the last couple of weeks.


Btc whales are noticing that Btc was a nice experiment and now it is the time for 2.0 cryptos.

Yeah i gues that´s what happening. Which scamcoin (that you did  invest in)  would you like to get pumped?

FIAT, EUR particularly. I have thousands of it.
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
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,...)
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Btc whales are noticing that Btc was a nice experiment and now it is the time for 2.0 cryptos.

Yeah i gues that´s what happening. Which scamcoin (that you did  invest in)  would you like to get pumped?

FIAT, EUR particularly. I have thousands of it.
newbie
Activity: 42
Merit: 0
you are a fool if you think this is the end.
we are reaching the bottom this week.

have a nice day!
I hope that I have more money for cheap coins  Grin
It's time to 25x your savings
sr. member
Activity: 381
Merit: 251
Why would he do that?

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....
sr. member
Activity: 316
Merit: 250
Should be enough blood on the streets already...

I watched Cabin Fever Patient Zero last night and it was awesome. Now its like I'm watching it again haha.
legendary
Activity: 1456
Merit: 1000
obvoiusly someone try to corner bitcoin market, and trying hard with a lot of coin.
hero member
Activity: 786
Merit: 857
We must be pretty close to the price point in the Autumn of 2013 just before it started rocketing skyward.
I have accumulated a small amount of BTC (less than 50) since this time and am a die hard bag holder.
I have never been too worried about the price as I always saw this as a 5 year investment or more.
Still looking pretty scary at the moment!
hero member
Activity: 658
Merit: 500
you are a fool if you think this is the end.
we are reaching the bottom this week.

have a nice day!

Still not bought back in  Roll Eyes
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
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.
sr. member
Activity: 532
Merit: 261
­バカ
you are a fool if you think this is the end.
we are reaching the bottom this week.

have a nice day!
hero member
Activity: 504
Merit: 500
Moderator
Wall gone at $280 (the 6k wall)

edit: And the 30k wall lol

question: Both walls from the same guy? I mean didn't the whale sell 8000 coins?


A lot of those sells where probably from people who panicked after they saw that wall, and sold into the bids of the 30000 BTC ask wall owner.
No, the vast majority of that volume was by the wall smashing through the orderbook to $300. This is clearly visible on 1m chart (6k BTC in one candle that took price from $306 to $294).

https://i.imgur.com/lnhVOpq.png

Panic momentum like that does not happen in less than a minute.

Thanks, you´re right. But intentions probably stay the same. He sells into his own walls to get his lower bids filled afterwards due to the panic. That 3-4000 Bid wall @ 300$ was set up only~2h ago before it got smashed, so it probably belonged to the same guy that owns the 30k wall and also sold throught the 300$ wall.
full member
Activity: 155
Merit: 100
Should be enough blood on the streets already or it is really going to fade to oblivion. Let's see. Looks quite bad.
hero member
Activity: 644
Merit: 500
Every time we have extended this far down, it has been followed by a rally equal in magnitude. So there is still a tiny, tiny bit of hope left?  Undecided
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