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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26128. (Read 26710050 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 574
Merit: 500
He's obviously trying to push the price down to buy more. I wish I had several thousand coins to play with like that. It must be fun!

to think this was possible a couple years ago.

Imo that wall will get eaten close to 2-3 am eastern time.
legendary
Activity: 896
Merit: 1000
The ask wall is growing.

10 mins ago / Now
 
520: 3400 / 4200

500: 2100 / 2000

member
Activity: 86
Merit: 16
He's obviously trying to push the price down to buy more. I wish I had several thousand coins to play with like that. It must be fun!
legendary
Activity: 896
Merit: 1000
How much lower until the panic sellers start? Right now this may very well be complete manipulation downwards, but its working if so.

Not that well, but without resistance. I'd imagine if 505 is hit that high 400s (~485) should come soon after?

The bids on 500 are still holding up very much with this drop, about 9 out of 10 bids being replenished immediately.

Very suspicious.
member
Activity: 86
Merit: 16
That wall... Who would want to sell so many coins so cheap? It makes no sense Undecided
hero member
Activity: 574
Merit: 500
EUR is rallying, USD is dropping like a stone.
I see that 1 EUR was worth ~1.30 USD a year ago, 1.38 USD six months ago, and is back to 1.30 USD now. 

What stone is that, pumice?  Cheesy

pure "gold" Jorge.
legendary
Activity: 1106
Merit: 1007
Hide your women
i'm noticing some people around here remark that BFX is leading the market. i think that's crazy. if Huobi sneezes, BFX jumps off a cliff. welcome your Chinese overlords with open arms already.

I only said leading the market relative to bitstamp. I'm on record for maintaining that China is a wild card.
legendary
Activity: 1106
Merit: 1007
Hide your women
The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan
http://www.zerohedge.com/news/2014-08-27/gazprom-begins-accepting-payment-oil-ruble-yuan

EUR is rallying, USD is dropping like a stone.

anything that is bad for the dollar is good for bitcoin in dollar terms.
legendary
Activity: 896
Merit: 1000
Hmm, a 237btc dump followed by a 100btc dump and aother 100btc dump (Both exact)

Now a 80btc buy testing the walls. VERY INTERESTING...

EDIT: Walls are real.

EDIT2: 500BTC ask wall appeared on OkCoin
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Always fun catching up on 10-15 pages and reading all those hopeful predictions that come to nought. Cheesy Cheesy

Right now:
"3160 btcs to 520
3160 btcs to 484"

Truly 'glass half empty/full?' time.

you say this, but i bet 5000BTC will be traded at 509-513, b4 it breaks one way or the other.

depth is nearly meaningless

Across all exchanges, maybe.  Its the sort of thing Jorge would count up.  But the real issue is whether those 5000 coins belong to new users or to established traders - I suspect the latter.  Same old faces around the table. Wink

As for meaningless: this year I've lost count of the number of technical indicators that I've been told are meaningless here...it's like numbers are voodoo in BTCland.

Ironic especially in the "Wall Observer Thread".



no just stamps 12hour later we will still be in this price range and like 5000 coins will have been traded.

this thread is old and so are the poeple who choose to type in it, this is another meaningless indicator

Ironic, well yes yes it is.

this is my thread and I like the chaos, madness, and entertainment.

short term price action, its fun to watch and talk about, but like this thread its meaningless

everything is meaningless, everything is AWESOME!!!!
hero member
Activity: 658
Merit: 500
i'm noticing some people around here remark that BFX is leading the market. i think that's crazy. if Huobi sneezes, BFX jumps off a cliff. welcome your Chinese overlords with open arms already.
sr. member
Activity: 378
Merit: 254
When one person messes up, it affects a few. When Government messes up, if affects millions.
Yep, appears to be another meaningless truism.. without any real legs but supports an anti-govt thesis.

I'll bite.  How many people were killed by violence in the past 200 years (v_total)?  How many of those were killed by direct acts of a government (v_govt)?  
What is the ratio between (v_total - v_govt) / n_humans and v_govt / n_govt ?  If you divide the latter by 2 million, is it smaller than the former?

Off the top of my head, from general knowledge of history, I will estimate 320 million=v_total, 300=million v_govt, the number of  governments at 1000,
and the number of people at 10 billion.  2/1000 violent deaths per human, 300000 violent deaths per government.  The ratio is then 1:150,000,000.

Yeah, Richy_T's comment seems well justified.  I would have to have non-cancelling compounded errors in the region of 2 orders of magnitude for it to be even slightly inaccurate.  It does not appear meaningless.  It appears factual.

I'm not sure how or even if it meaningfully supports an "anti-govt thesis", however.



Throughout millennia, man fought his fellow man.  But in the year of Our Lord two thousand and fourteen, before Ab passed onto Elul, Philosopher King aminorex The Inciteful (or Insightful, the texts are unclear and spelling is hard) hath revealed a great truth onto Man:  All of this time. it was Teh Man who turned brother against brother, made Man spill the blood of Man!
Spoke aminorex thusly:

"Yo!  Only governments can start wars.  So no governments--no wars!   Get rid of Teh Man, and bask in peace everlasting!"

   "Awesome!" the people cheered, "How?"

"Well..." spoke aminorex, "Bitcoin!"

  "Huh"

"Look...  I got a Bitcoin bank in Cyprus.  All I WE need is a few coins, and then more Revolution and PROFIT than you could shake a stick at!  U dig science?  Then lemme drop some on U: (v_total - v_govt) / n_humans and v_govt / n_govt.  Fight The Power!
U in or what?!"

  "We totally_dig, under_stand, and we in!!1!  Where 2 send mony4revolution while we get rich?!"


...And there was much rejoicing, hot grils [who were, like, totally watching the whole time] got all in2it and every1 lived happily ever after.

    ~The End~


hero member
Activity: 910
Merit: 1003
EUR is rallying, USD is dropping like a stone.
I see that 1 EUR was worth ~1.30 USD a year ago, 1.38 USD six months ago, and is back to 1.30 USD now. 

What stone is that, pumice?  Cheesy
ImI
legendary
Activity: 1946
Merit: 1019
The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan
http://www.zerohedge.com/news/2014-08-27/gazprom-begins-accepting-payment-oil-ruble-yuan

EUR is rallying, USD is dropping like a stone.

bullshit

dollar is in fact rising against the euro, gained about 6% the last weeks. euro is nearing a one year-low.
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