Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26086. (Read 26686386 times)
August 29, 2014, 09:28:45 AM
I think it's obvious why I just went to this thread... the ask wall! What are the most probable explanations? Adam just mentioned we don't seem to know the reason? And why is the bid wall fake and the ask wall isn't? Has it been put up in order to counter that big ask wall?
August 29, 2014, 09:21:59 AM
look at the poll, its official, above 510 all weekend long 
we dropped from $520 a couple days ago
August 29, 2014, 09:18:06 AM
look at the poll, its official, above 510 all weekend long
August 29, 2014, 09:16:59 AM
132.39 a minute ago 508.4 ^
August 29, 2014, 09:08:25 AM
That would be the idea but doesn't appear to be what's happening.
August 29, 2014, 09:05:47 AM
So if you had the idea of setting a sell wall at X, buying at X-profit margin, and rolling your sell wall down as your buy-back average lowered, would that look like this? Insufficient volume for that to be the explanation? Too high risk to make sense?
August 29, 2014, 09:03:42 AM
the past 24h on bitstamp were interesting the pump is about to start hehe
August 29, 2014, 09:01:15 AM
Now seriously, why are people here claiming that "whales are keeping the price down"? Because of wall dances?
I have not paid attention to the walls, but I am looking at the 1 minute price charts of Huobi and OKCoin, and I see the same general pattern that has been going on most of the time since May/20: a general steady downwards drift with small trades, broken now and then by large jumps upwards, and much fewer sudden drops. If anything has changed, the up-jumps have become smaller and more frequent.
So I would rather think the opposite: the general market wants a lower price, but there are a few whales (maybe just one) who are spending a lot of money in order to keep it just above 500$.
Anyone else sees this too?
I have not paid attention to the walls, but I am looking at the 1 minute price charts of Huobi and OKCoin, and I see the same general pattern that has been going on most of the time since May/20: a general steady downwards drift with small trades, broken now and then by large jumps upwards, and much fewer sudden drops. If anything has changed, the up-jumps have become smaller and more frequent.
So I would rather think the opposite: the general market wants a lower price, but there are a few whales (maybe just one) who are spending a lot of money in order to keep it just above 500$.
Anyone else sees this too?
your seeing things
welcome to the club
report all future hallucinations in this thread
and buy a Fing bitcoin....
August 29, 2014, 08:59:23 AM
August 29, 2014, 08:55:41 AM
Now seriously, why are people here claiming that "whales are keeping the price down"? Because of wall dances?
I have not paid attention to the walls, but I am looking at the 1 minute price charts of Huobi and OKCoin, and I see the same general pattern that has been going on most of the time since May/20: a general steady downwards drift with small trades, broken now and then by large jumps upwards, and much fewer sudden drops. If anything has changed, the up-jumps have become smaller and more frequent.
So I would rather think the opposite: the general market wants a lower price, but there are a few whales (maybe just one) who are spending a lot of money in order to keep it just above 500$.
Anyone else sees this too?
I have not paid attention to the walls, but I am looking at the 1 minute price charts of Huobi and OKCoin, and I see the same general pattern that has been going on most of the time since May/20: a general steady downwards drift with small trades, broken now and then by large jumps upwards, and much fewer sudden drops. If anything has changed, the up-jumps have become smaller and more frequent.
So I would rather think the opposite: the general market wants a lower price, but there are a few whales (maybe just one) who are spending a lot of money in order to keep it just above 500$.
Anyone else sees this too?
August 29, 2014, 08:54:52 AM
Market is on bullish mode - clearly 500$ could not break.
It is a matter of time to go to 600$ again.
Me thinks the walls are from a nice rich guy who wants people to buy cheap coinzzz
It is a matter of time to go to 600$ again.
Me thinks the walls are from a nice rich guy who wants people to buy cheap coinzzz
August 29, 2014, 08:53:29 AM
nom nom nom, it will fall
August 29, 2014, 08:50:55 AM
1k eaten I think, and the bidwall appears fake.
August 29, 2014, 08:47:52 AM
I currently have 0 skin in this game, could care less.
How much less?
August 29, 2014, 08:43:33 AM
WTF is this 508.44 wall WTF he thinks??
We'll see soon enough ! First hit a few second ago
August 29, 2014, 08:43:33 AM
Anyone has numbers on how much of that wall was eaten today? WTF is this 508.44 wall WTF he thinks??
I don't know why, you don't know why, who cares, cash, lots of cash.
August 29, 2014, 08:36:08 AM
Anyone has numbers on how much of that wall was eaten today? WTF is this 508.44 wall WTF he thinks??
August 29, 2014, 08:29:21 AM
Tare it down!!! Time is now!!! go Go GO!!!!!!!!!!
August 29, 2014, 08:13:37 AM
Dell, Dish, and Expedia say their bitcoin revenue has exceeded expectations
Yep, if I were an old-timer, I would be unloading my hoard now, too, as quickly as possible.
Seriously: did any of those companies release actual numbers?
(By the way, the growth of my BTC hoard over the last week exceeded my expectations too, by 250%.
)you see the point, selling/spending is the correct thing to do for early adopters when bitcoin drops lower everyday
Jump to: