Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25561. (Read 26619982 times)
September 28, 2014, 11:07:41 AM
September 28, 2014, 11:07:07 AM
its the same wall that was blocking at 415 yesterday
Some of it. A lot is new.
well for sure, technically we're going to see mid 300's now that we broke 400.
everyones selling it down to mid 300's
this is not fun
September 28, 2014, 11:05:04 AM
its the same wall that was blocking at 415 yesterday
Maybe give it a name, George the sellwall or something 
Looks like this is just one group faping on an empty market.
Big holders are deperate to get out and can't. This should be a warning:/
why are they so desperate tho?
Because bitcoin is bleeding value and they are investors ready to not lose anymore
what they did not invest an amount they could afford to lose, and planned to hold long term?
September 28, 2014, 11:04:59 AM
its the same wall that was blocking at 415 yesterday
Some of it. A lot is new.
September 28, 2014, 11:04:37 AM
its the same wall that was blocking at 415 yesterday
Maybe give it a name, George the sellwall or something Looks like this is just one group faping on an empty market.
Big holders are deperate to get out and can't. This should be a warning:/
why are they so desperate tho?
Guys, you are missing something here. In a dead market, it is super easy for whales to just accumulate at a fixed price point, and then dump everything in one go. They lose nothing in the process, and succeed in getting the market to dip, hoping for more sell offs to take it lower. They can continue to do this ad nauseum in a market that has no real buyers.
They'll just keep doing this until some real buyers appear.
September 28, 2014, 11:03:22 AM
I don't sell anything but I don't like this down movement.
you and 1million other hodler feel the same way
September 28, 2014, 11:02:55 AM
*cough cough* DOGE *cough cough*
DOGE/CNY and DOGE/BTC on the rise again.
DOGE/CNY and DOGE/BTC on the rise again.
September 28, 2014, 11:01:34 AM
I don't sell anything but I don't like this down movement.
September 28, 2014, 11:01:25 AM
its the same wall that was blocking at 415 yesterday
Maybe give it a name, George the sellwall or something Looks like this is just one group faping on an empty market.
Big holders are deperate to get out and can't. This should be a warning:/
why are they so desperate tho?
September 28, 2014, 11:01:18 AM
September 28, 2014, 11:00:19 AM
Good lord, are we just going to grind down an average of $10 a week until we hit $100? Not panicking, just a serious question here.
If we continue to go lower (almost guaranteed), I can tell you that at around $200 There should be a major bounce. Other bounces here and there of course.
$10 a week? nah the crash should accelerate in a few days.
September 28, 2014, 10:59:55 AM
Good lord, are we just going to grind down an average of $10 a week until we hit $100? Not panicking, just a serious question here.
sure seems like it...
September 28, 2014, 10:57:04 AM
Good lord, are we just going to grind down an average of $10 a week until we hit $100? Not panicking, just a serious question here.
September 28, 2014, 10:55:43 AM
down 3.22% in a few hours
wtf who are these sellers and why are they so retarted?
wtf who are these sellers and why are they so retarted?
Read shitcoin p&d manipulation tutorial, improve it a bit, multiplay 100x and there you go...
September 28, 2014, 10:54:40 AM
The asks are back with a vengeance.
They're about to get eaten September 28, 2014, 10:54:00 AM
its the same wall that was blocking at 415 yesterday
September 28, 2014, 10:53:02 AM
The asks are back with a vengeance.
September 28, 2014, 10:51:22 AM
September 28, 2014, 10:49:57 AM
It scared away the askwalls
Oh the horror!! 
September 28, 2014, 10:49:03 AM
They turn off the miners and use the electric bill money to buy instead. They're in the Bitcoin business, mining is just a tool. That pressure will keep the price up.
Unfortunately, I think the mining business has moved from Bitcoin accumulators to Bitcoin sellers. People saw the $$$ signs and jumped in, pushing the believers aside. This is not necessarily a bad thing but I do believe it has had some effect in dampening the price rise we were seeing.
if few thousands coins mined everyday (~3600BTC) could constantly bring the price down, then maybe the price is not where it suppose to be, the price should be where demand and supply meets but consedering huge volumes because 3600BTC is nothing...
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