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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28513. (Read 26709760 times)

legendary
Activity: 1470
Merit: 1007
can we explain a single actor buying 5k coins?

As mentioned, margin call, or, maybe even more likely, plain old fashioned belief in future price increase. I'm firmly in the bear segment for now, but even I can see how it might make sense to buy in now with a large sum (at the risk of short-term losing some of your depot's value) under the assumption that the long term growth potential that outweighs that risk is still there. It's all about different time frames in which market participants calculate (and, no, I don't necessarily say those who think "long term" are making the smarter choice).

On bitfinex there really hasn't been a large amount of short sellers compared to the number of longs that are being made. Usually you would expect a trend reversal when shorts out number the amount of longs, causing a short squeeze, which would somewhat indicate a trend reversal. There are far to many people right now betting that the price will bounce up immediately paying .2% interest a day on bitfinex.  

Don't know how fine grained the data from
http://charts-bfxdata.rhcloud.com/bitfinexLiquidityBTC.php
is, but in principle we should be able to see it in there in a few hours if it was short squeeze. But I agree, not the most likely explanation. I go with attempt at pump&dump (not all that likely either), whale trying to stabilize price (seems like a lost cause to me), or simply: buy in by large actor (most likely, and mildly bullish)
hero member
Activity: 748
Merit: 500
Does anyone else feel that the 400USD Wall @ Bitstamp   is actually a selling wall
How is it a selling wall Huh

When you're a bear , even the last 5k buy was in fact a 5k sell Smiley

+1  Grin
hero member
Activity: 826
Merit: 501
in defi we trust
Does anyone else feel that the 400USD Wall @ Bitstamp   is actually a selling wall
How is it a selling wall Huh

When you're a bear , even the last 5k buy was in fact a 5k sell Smiley
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Those tiny sells on Stamp... Someone's trying to push the price down psychologically!
legendary
Activity: 2338
Merit: 1035
Does anyone else feel that the 400USD Wall @ Bitstamp   is actually a selling wall
How is it a selling wall Huh
full member
Activity: 216
Merit: 100
RicePicker
can we explain a single actor buying 5k coins?

As mentioned, margin call, or, maybe even more likely, plain old fashioned belief in future price increase. I'm firmly in the bear segment for now, but even I can see how it might make sense to buy in now with a large sum (at the risk of short-term losing some of your depot's value) under the assumption that the long term growth potential that outweighs that risk is still there. It's all about different time frames in which market participants calculate (and, no, I don't necessarily say those who think "long term" are making the smarter choice).

On bitfinex there really hasn't been a large amount of short sellers compared to the number of longs that are being made. Usually you would expect a trend reversal when shorts out number the amount of longs, causing a short squeeze, which would somewhat indicate a trend reversal. There are far to many people right now betting that the price will bounce up immediately paying .2% interest a day on bitfinex.  
hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
Does anyone else feel that the 400USD Wall @ Bitstamp   is actually a selling wall
legendary
Activity: 1470
Merit: 1007
can we explain a single actor buying 5k coins?

As mentioned, margin call, or, maybe even more likely, plain old fashioned belief in future price increase. I'm firmly in the bear segment for now, but even I can see how it might make sense to buy in now with a large sum (at the risk of short-term losing some of your depot's value) under the assumption that the long term growth potential that outweighs that risk is still there. It's all about different time frames in which market participants calculate (and, no, I don't necessarily say those who think "long term" are making the smarter choice).
hero member
Activity: 574
Merit: 500
4hr crossed back due to the much pump quick dump..imagine the fireworks if we get a strong crossing 4hr Cheesy
hero member
Activity: 756
Merit: 500
can we explain a single actor buying 5k coins?

probably second market, they usually make their moves on Thursdays.
legendary
Activity: 1428
Merit: 1000
Wow so much bears in here, it must be a record 
The low is in, you just can't see it yet! Roll Eyes
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Today on Bitstamp: PEOPLE WHO DON'T KNOW HOW TO LIMIT ORDER
legendary
Activity: 2338
Merit: 1035
Well, I think I will enter right here at 445
newbie
Activity: 47
Merit: 0
Tera ..they're doing it again... stamp over reacting to Huobi rallies :S eugh

**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**..

Kraken the same
full member
Activity: 124
Merit: 100
More than 1k coins bought last 2 minutes. Can we please have some upward movement now. I'm sick of going down every day

Just a bulltrap... we gonna crash hard

To da floor!!!
hero member
Activity: 574
Merit: 500
Tera ..they're doing it again... stamp over reacting to Huobi rallies :S eugh

**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**please be different**..
full member
Activity: 182
Merit: 100
More than 1k coins bought last 2 minutes. Can we please have some upward movement now. I'm sick of going down every day
newbie
Activity: 47
Merit: 0
China loves to pump it!
hero member
Activity: 924
Merit: 1000
sr. member
Activity: 269
Merit: 250
Shorts being forced ?
Looks funky
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