Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28505. (Read 26709845 times)

can we ban fonzie yet? I know most have him on ignore and I do too, but he is LITERALLY in every single thread today spouting nonsense. I know he posts normally now and then, but today is ridiculous and everyone keeps quoting him. he must be short and trying to get the market to crash any way he can.

I´m long term shorting.

I´m long term shorting.

25% will be closed @360
25%  "                 @310
25% "                  @250
25% "                   @200

stop loss for my shorts is actually @ 519

Just burn the books, kill the commies. Let´s get rid of all these annoying problems.

Do you have buy orders set with your shorts Fonzie or do you have an number you are waiting for?

Never forget:

Bitstamp:


Whole bid volume
11,146,031.76 USD

Ratio
1 : 2.83


Bitfinex:

Total sum of active swaps
USD    15,794,084.87 USD

 

can we ban fonzie yet? I know most have him on ignore and I do too, but he is LITERALLY in every single thread today spouting nonsense. I know he posts normally now and then, but today is ridiculous and everyone keeps quoting him. he must be short and trying to get the market to crash any way he can.

One alternative theory...   as Bobby Lee suggested in a discussion at Coinsummit, it is a 'possible way' the exchange can make the order book look fatter than it is, and these coins all disappear as the price nears them.

He was suggesting this is how dodgy exchanges boosted the books (and price).  It was in response to questions about 'fake volume' in China.  He said it was the reason you saw Litecoin drop to a dollar at one point recently.  A market sell order dropped in and all the 'fake' coin buys under the price disappeared as they were nearly hit, meaning an apparently 'freak' crash happened (there were far less coins to sell into than it appeared).

But of course, 'Western' exchanges would never do things like bolstering prices like that.

Easier to do it by making all the USD sums the same or all the BTC sums the same.

He (or, possibly someone else with that same amount- no guarantee) has a 115.98btc ask as well, so they are probably just trying to flip for a quick profit.

On stamp there are 115.98btc order all down the order book. In intervalls of 5$, so 69. I think this is one guy and he is biding for around 8000btc. Can somebody explain this to me.Why does he use always the same amount. So that people know that it is from one guy?

Aki4Real : 

Hopefully, you ARE ALREADY BUYING ON AN ONGOING BASIS and NOT waiting for some kind of "cheap coinz" break through? b/c in the end, there may NOT be that much difference between buying BTC at $400 or  at $450.. even though of course, each of us would like to buy BTC at the lowest price possible... .YET, in the end,  in BTC land, we do NOT know for sure where the price is gonna go... .even though there are quite a few smug predictions going both wayz.


Here’s my BTC buy  increments over the last two month.

590.70
668.80
595.00
606.16
592.37
569.61
537.20
576.00
545.55
524.00

484.02
462.61
462.99
455.56
408.64

520.00
580.00
678.85
653.00
610.00
623.50
604.08
585.50
550.19
581.93
566.12
517.03

485.92
525.48
482.53
452.70
446.44
476.00
439.82
428.68
418.60


Even though, at the moment, BTC price seems to be pretty decent (and low / cheap ☺ ), I am about tapped out on buying.  Nonetheless, I would like to buy some more, if the price were to dip into the below $430 range.  Of course, if we know for sure that BTC prices are going to dip lower than $430, then I would wait to buy at the lower price. 

It seems to me that nothing is for sure in BTC land.  ☺   Yet I am gambling that in the next couple of years, we will be up.. - hopefully up at least higher than my mutual funds... which I expect to be about 12% higher (6% per year on average) than my investment amount.

Ah ok, so the mean daily volume the past 30 days was about 16 000 and 50% over the mean volume is considered as "low". In january the mean volume was maybe 10k per day. 24 000 would be pretty decent.

1000 coins per hour = 24,000 coins per day = low volume. Although it's better than when were in the 600s with 8000 volume per day.