Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26491.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: blatchcorn on August 05, 2014, 05:30:01 PM

Quote from: Davyd05 on August 05, 2014, 05:21:05 PM

http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/ anyone read and or believe this?

Even if it is not true, that was so well written it was great fun to read

To da moon Cool

I agree with you about the well written aspect..... and I will add that I believe that the ODDs of this story being true is likely less than one in a thousand.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

well i got my fill for today. Grin

UP

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Marbit

hero member

Activity: 686

Merit: 500

Quote from: SheHadMANHands on August 05, 2014, 06:38:30 PM

So where are we going next guys? Huh

God Bless ye' patient souls.

LOL, right? Where the hell did the last month of my life go? Once upon a time, bitcoin moved...

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: SheHadMANHands on August 05, 2014, 06:38:30 PM

So where are we going next guys? Huh

God Bless ye' patient souls.

Watching the charts we will almost surely continue going to the right.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

So where are we going next guys? Huh

God Bless ye' patient souls.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: Marbit on August 05, 2014, 06:25:10 PM

Quote from: derpinheimer on August 05, 2014, 06:12:31 PM

Quote from: Marbit on August 05, 2014, 06:08:08 PM

Quote from: derpinheimer on August 05, 2014, 06:04:15 PM

I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70

Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)

Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.

Right?

I dont think I understand what you're saying.

1) Sellers dumped through 3600 bids. Bids refilled right near bid/ask spread (suggesting the bidder wants them filled)
2) Sellers dumped through 3600 bids again. Bids refilled again.
3) Ask walls placed 80-100 CNY above spread (suggesting the seller does not want them filled)

One side is very obviously accumulating. The other side may just be trying to manipulate price down. In fact, they may be one and the same party, if this bidder is serious about getting filled.

Ah, I thought you were saying the bids were just people trying to sell the coins for a 2% profit Tongue

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: Marbit on August 05, 2014, 06:25:10 PM

Quote from: derpinheimer on August 05, 2014, 06:12:31 PM

Quote from: Marbit on August 05, 2014, 06:08:08 PM

Quote from: derpinheimer on August 05, 2014, 06:04:15 PM

I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70

Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)

Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.

Right?

I dont think I understand what you're saying.

1) Sellers dumped through 3600 bids. Bids refilled right near bid/ask spread (suggesting the bidder wants them filled)
2) Sellers dumped through 3600 bids again. Bids refilled again.
3) Ask walls placed 80-100 CNY above spread (suggesting the seller does not want them filled)

One side is very obviously accumulating. The other side may just be trying to manipulate price down. In fact, they may be one and the same party, if this bidder is serious about getting filled.

These could be dumps in their own walls to prove strength of the 3600 level. Then they set 3700 asks to limit short term growth and after some time upward hammer can follow when asks are either pulled or again bought by the owner.

Marbit

hero member

Activity: 686

Merit: 500

Quote from: derpinheimer on August 05, 2014, 06:12:31 PM

Quote from: Marbit on August 05, 2014, 06:08:08 PM

Quote from: derpinheimer on August 05, 2014, 06:04:15 PM

I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70

Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)

Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.

Right?

I dont think I understand what you're saying.

1) Sellers dumped through 3600 bids. Bids refilled right near bid/ask spread (suggesting the bidder wants them filled)
2) Sellers dumped through 3600 bids again. Bids refilled again.
3) Ask walls placed 80-100 CNY above spread (suggesting the seller does not want them filled)

One side is very obviously accumulating. The other side may just be trying to manipulate price down. In fact, they may be one and the same party, if this bidder is serious about getting filled.

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: Davyd05 on August 05, 2014, 05:21:05 PM

http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/ anyone read and or believe this?

All my trades since February 2013 are based on the same model.
So yes, I believe the same outcome, not necessarily this post at reddit.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: Marbit on August 05, 2014, 06:08:08 PM

Quote from: derpinheimer on August 05, 2014, 06:04:15 PM

I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70

Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)

Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.

Right?

I dont think I understand what you're saying.

Marbit

hero member

Activity: 686

Merit: 500

Quote from: derpinheimer on August 05, 2014, 06:04:15 PM

I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70

Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)

Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.

Right?

derpinheimer

legendary

Activity: 896

Merit: 1000

I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70

Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)

Davyd05

hero member

Activity: 574

Merit: 500

https://boards.4chan.org/biz/thread/434342/stephane-portha-is-lying-about-mark-karpeles

a dump of Karpeles doc's on 4chan?

docs in french

Marbit

hero member

Activity: 686

Merit: 500

Quote from: ensurance982 on August 05, 2014, 05:57:55 PM

On both sides, though. We will have to wait and see which side wins. In my opinion it's quite balanced as of now. The buying or selling pressure will have to decide about the eventual outcome.

Notable, though -- 3600 level was dumped twice and bid support refilled lightning quick both times -- right at spread, not below.

The ask walls were placed 80-100 CNY above spread -- where no one could buy them. And every time someone places a 500+ ask wall at spread it is instantly eaten. I suspect the walls near 3700 are fake -- certainly there is much higher chance of that than the 3600 walls being fake.

I wouldn't be surprised if the 3700 walls were placed by the accumulator, to try to force sellers into his bids.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: derpinheimer on August 05, 2014, 05:50:50 PM

Impressive depth on Huobi

On both sides, though. We will have to wait and see which side wins. In my opinion it's quite balanced as of now. The buying or selling pressure will have to decide about the eventual outcome.

Marbit

hero member

Activity: 686

Merit: 500

Quote from: derpinheimer on August 05, 2014, 05:50:50 PM

Impressive depth on Huobi

You can say that again. With the liquidity on Huobi, there is no reason for me to look at any other exchange for analysis. Nobody can move the market if Huobo won't let them.

BTW, where is that screenshot from? At first, thought it was Bitcoinity, but...

derpinheimer

legendary

Activity: 896

Merit: 1000

Impressive depth on Huobi

sidhujag

legendary

Activity: 2044

Merit: 1005

Everyone know about this? http://www.cryptocoinsnews.com/news/ecuador-first-nation-create-digital-currency/2014/07/31

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26491. (Read 26608361 times)