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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28382. (Read 26608802 times)

legendary
Activity: 2212
Merit: 1199
BUY BUY BUY !!!!  Grin Grin Grin

Thanks! Give me some money so I can do what you told me! Smiley

hehe Smiley You say buy - I say make it possible ;P spare 1000$ for me ? Tongue

Kiddin.

But Thanks for suggestions. We all know this is great time to buy some Smiley
legendary
Activity: 1470
Merit: 1007
Wow. I can watch any major exchange doing no trades at all for a minute or more.

5PM Eastern U.S. is always that way.  Incredibly slow.  Doesn't pick up until China wakes up.


And here's what it looks like when "China wakes up" ...

http://youtubedoubler.com/?video1=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DRKXZ8QTLqEM&start1=10&video2=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3Dl8U_-xGgreY&start2=1&authorName=Ann+O%27Nymous

(mute the left video)
legendary
Activity: 1218
Merit: 1000
The buy walls are building, but we still can only absorb ~ 0.1 percent of all Bitcoins in existence (12K BTC) before the plummet to $266.  Hypothetically that one guy on Bitfinex who flashed the 15K sell wall could do it by himself. He almost certainly won't, but when China goes dark, we'll find out if this is like April of last year or like June of 2011.


Is this what you're referring to? I saw 1500 BTC walls being flashed around on Bitfinex last night....but not 15K?

pics or it didnt happen!  Wink

edit: 1K BTC got pulled and the 500 wall was eaten

legendary
Activity: 1106
Merit: 1007
Hide your women
The buy walls are building, but we still can only absorb ~ 0.1 percent of all Bitcoins in existence (12K BTC) before the plummet to $266.  Hypothetically that one guy on Bitfinex who flashed the 15K sell wall could do it by himself. He almost certainly won't, but when China goes dark, we'll find out if this is like April of last year or like June of 2011.

Take a look at how much the opposite buy would move the market.

Fact is, there's more upside risk than downside, right now.

Doesn't mean you're not right, but it does mean it's the riskier trade.


You still don't seem to get it. It doesn't matter how high you can drive the price if you can't unload at volume when you get there. Think three dimensionally. There may be whales who want these buy walls to build just so he can unload without slippage. A guy with 100K BTC could be looking for positions like this to cash out a big chunk with no intention to buy it back. He still has plenty. What if this isn't the bottom but the base? We're still at double the price as when China entered the market.
newbie
Activity: 18
Merit: 0
hero member
Activity: 574
Merit: 500
Wow. I can watch any major exchange doing no trades at all for a minute or more.

5PM Eastern U.S. is always that way.  Incredibly slow.  Doesn't pick up until China wakes up.


+1 ... be bullish even my Dad wants more bitcoin and he thought we hit the 300s already lol and he knows my avg. buy in price is higher than that.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Wow. I can watch any major exchange doing no trades at all for a minute or more.

5PM Eastern U.S. is always that way.  Incredibly slow.  Doesn't pick up until China wakes up.
legendary
Activity: 2338
Merit: 1035
Wow. I can watch any major exchange doing no trades at all for a minute or more.

This could indeed be the calm
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
The buy walls are building, but we still can only absorb ~ 0.1 percent of all Bitcoins in existence (12K BTC) before the plummet to $266.  Hypothetically that one guy on Bitfinex who flashed the 15K sell wall could do it by himself. He almost certainly won't, but when China goes dark, we'll find out if this is like April of last year or like June of 2011.

Take a look at how much the opposite buy would move the market.

Fact is, there's more upside risk than downside, right now.

Doesn't mean you're not right, but it does mean it's the riskier trade.
hero member
Activity: 728
Merit: 500
Wow. I can watch any major exchange doing no trades at all for a minute or more.
hero member
Activity: 504
Merit: 500
Moderator
The buy walls are building, but we still can only absorb ~ 0.1 percent of all Bitcoins in existence (12K BTC) before the plummet to $266.  Hypothetically that one guy on Bitfinex who flashed the 15K sell wall could do it by himself. He almost certainly won't, but when China goes dark, we'll find out if this is like April of last year or like June of 2011.

You do realize we would be above $400 after that dump in less then a hour right?

Don´t forget about the additional 15,691,739.87 USD swaps on Bitfinex that will get liquidated if we go near 400$.
legendary
Activity: 2338
Merit: 1035
The buy walls are building, but we still can only absorb ~ 0.1 percent of all Bitcoins in existence (12K BTC) before the plummet to $266.  Hypothetically that one guy on Bitfinex who flashed the 15K sell wall could do it by himself. He almost certainly won't, but when China goes dark, we'll find out if this is like April of last year or like June of 2011.

You do realize we would be above $400 after that dump in less then a hour right?
legendary
Activity: 1106
Merit: 1007
Hide your women
The buy walls are building, but we still can only absorb ~ 0.1 percent of all Bitcoins in existence (12K BTC) before the plummet to $266.  Hypothetically that one guy on Bitfinex who flashed the 15K sell wall could do it by himself. He almost certainly won't, but when China goes dark, we'll find out if this is like April of last year or like June of 2011.
legendary
Activity: 2212
Merit: 1199
Just quick check the price and what I see Smiley

It is the śame like 24h ago which is a good news! Smiley

Horray! Smiley
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
Just made $60  off the btce death bot Cheesy

The death bot I think doesn't care about your $60. I think it is seeking price resiliency information to determine whether or not to dump thousands of BTC. The danger is you could load up at the bottom of the cycle just as the real dump starts.

True.. but, what can i say, i'm a risk taker.  sound advice though, thanks, I'll be careful.   Maybe :p
legendary
Activity: 1106
Merit: 1007
Hide your women
Just made $60  off the btce death bot Cheesy

The death bot I think doesn't care about your $60. I think it is seeking price resiliency information to determine whether or not to dump thousands of BTC. The danger is you could load up at the bottom of the cycle just as the real dump starts.

Of course there corollary danger is also present that you could be selling at the top of the cycle just as the real pump starts. Unlikely, but possible. I'm not a permabear, just temporarily ursine.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
Just made $60  off the btce death bot Cheesy

 Cheesy

WTF is wrong with him. I just watched it for 20 minutes.Bizarre.

It has been active a few times apparently.  I only seen it once.  It has the power to move the market Smiley  that's all i really care about Smiley    maybe it's btc-e trying to create a glut of action.. after all to them it's probably profitable.  

From yesterday Cheesy

legendary
Activity: 1106
Merit: 1007
Hide your women
Just made $60  off the btce death bot Cheesy

The death bot I think doesn't care about your $60. I think it is seeking price resiliency information to determine whether or not to dump thousands of BTC. The danger is you could load up at the bottom of the cycle just as the real dump starts.
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