Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29344. (Read 26630670 times)
February 24, 2014, 08:39:29 AM
so mr. 10K wall decided to dump instead? That was pretty epic. We have a new low, gentlemen.
February 24, 2014, 08:38:50 AM
Is this the "pull-n-dump" technique? Where the seller manipulates the market by showing impatience and willingness to accept slippage? So that stamp can go over 579.34 now?
February 24, 2014, 08:38:28 AM
Put your buy orders in at 100 usd on stamp
February 24, 2014, 08:38:02 AM
wtf is going on on stamp
Dude pulled his wall and dumped it, I'm guessing.
February 24, 2014, 08:37:48 AM
wall guy market selling now?
February 24, 2014, 08:37:44 AM
5k BTC dump probably.
February 24, 2014, 08:37:37 AM
Holy crap.
February 24, 2014, 08:37:16 AM
wtf is going on on stamp
February 24, 2014, 08:36:56 AM
dumpage
February 24, 2014, 08:36:48 AM
Stamp going downtown
February 24, 2014, 08:36:27 AM
stamp wall gone?
February 24, 2014, 08:30:50 AM
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
there was even harder times but Bitcoin survived, what is happening now is effecting the price, it may drop really low, some people will lose confidence and cash out and be done with bitcoin, these never believed in Bitcoin anyways, I saw people moving with their lives all the time, everyone has a price...
but what is happening now is just the last clearing before Bitcoin goes mainstream, some people have to be pushed out, it will negatively effect the economy for a short term period but we need this to happen for the long term health of Bitcoin.
so now you are testing your faith, even you stay or you go out, I can give you an advice, if you want to breath easily and if all of this is stressing you, try to sell some of your coins cash them out do something you wanted to do for so long, go to vacation.... and you will feel much better, I really found that helpful...
I really don't know to do anymore. After this bullshit don't see how it will go mainstream anymore. It happens now and what stop it from happening again 6 months from now. Big money will keep using it as a tool to manipulate and crash the market. Over and over again. This won't just magically stop.
So please sell all you bitcoin and stay away from it
February 24, 2014, 08:30:01 AM
About that 10 kBTC @ 600 offer on Bitstamp: the round numbers suggest someone who bought those BTC when they were cheap, and decided to cash them out at about the current market price; but did not mind if it took a day or two, and did not care much about getting the best possible price.
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
Yes, which is why I don't think it is either Mark/Gox (clearly not rapacious enough) or a master manipulator (I reckon if Fonzie had 10K of coins he could crash the market...given the conditions esp). So, its just someone retiring, starting a new life etc.
I'm assuming that comes with a heavy serve of irony -- and so further reinforces that Mr Wall isn't the brightest brick in the barrow.
February 24, 2014, 08:27:13 AM
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
there was even harder times but Bitcoin survived, what is happening now is effecting the price, it may drop really low, some people will lose confidence and cash out and be done with bitcoin, these never believed in Bitcoin anyways, I saw people moving with their lives all the time, everyone has a price...
but what is happening now is just the last clearing before Bitcoin goes mainstream, some people have to be pushed out, it will negatively effect the economy for a short term period but we need this to happen for the long term health of Bitcoin.
so now you are testing your faith, even you stay or you go out, I can give you an advice, if you want to breath easily and if all of this is stressing you, try to sell some of your coins cash them out do something you wanted to do for so long, go to vacation.... and you will feel much better, I really found that helpful...
I really don't know to do anymore. After this bullshit don't see how it will go mainstream anymore. It happens now and what stop it from happening again 6 months from now. Big money will keep using it as a tool to manipulate and crash the market. Over and over again. This won't just magically stop.
It is a big question but I think some of this is being resolved already: today you see Gox sinking and Neo&Bee rising, the ecosystem will adapt and improve while the number of players and participants will increase to lessen the impact of 'big money' (which let us not forget makes itself known where-ever it wants really).
February 24, 2014, 08:27:00 AM
About that 10 kBTC @ 600 offer on Bitstamp: the round numbers suggest someone who bought those BTC when they were cheap, and decided to cash them out at about the current market price; but did not mind if it took a day or two, and did not care much about getting the best possible price.
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
Yes, which is why I don't think it is either Mark/Gox (clearly not rapacious enough) or a master manipulator (I reckon if Fonzie had 10K of coins he could crash the market...given the conditions esp). So, its just someone retiring, starting a new life etc.
February 24, 2014, 08:22:46 AM
About that 10 kBTC @ 600 offer on Bitstamp: the round numbers suggest someone who bought those BTC when they were cheap, and decided to cash them out at about the current market price; but did not mind if it took a day or two, and did not care much about getting the best possible price.
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
Yes, which is why I don't think it is either Mark/Gox (clearly not rapacious enough) or a master manipulator (I reckon if Fonzie had 10K of coins he could crash the market...given the conditions esp). So, its just someone retiring, starting a new life etc.
February 24, 2014, 08:21:53 AM
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
there was even harder times but Bitcoin survived, what is happening now is effecting the price, it may drop really low, some people will lose confidence and cash out and be done with bitcoin, these never believed in Bitcoin anyways, I saw people moving with their lives all the time, everyone has a price...
but what is happening now is just the last clearing before Bitcoin goes mainstream, some people have to be pushed out, it will negatively effect the economy for a short term period but we need this to happen for the long term health of Bitcoin.
so now you are testing your faith, even you stay or you go out, I can give you an advice, if you want to breath easily and if all of this is stressing you, try to sell some of your coins cash them out do something you wanted to do for so long, go to vacation.... and you will feel much better, I really found that helpful...
I really don't know to do anymore. After this bullshit don't see how it will go mainstream anymore. It happens now and what stop it from happening again 6 months from now. Big money will keep using it as a tool to manipulate and crash the market. Over and over again. This won't just magically stop.
February 24, 2014, 08:20:30 AM
About that 10 kBTC @ 600 offer on Bitstamp: the round numbers suggest someone who bought those BTC when they were cheap, and decided to cash them out at about the current market price; but did not mind if it took a day or two, and did not care much about getting the best possible price.
However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
I don't think the round number suggests anything, but I do think its far more likely this is a result of a gox insider buying thousands of coins on gox and arbing them on stamp. However other traders had blocked the way with smaller offers at slightly lower prices. So he lowered the price twice by a few cents, just to see some action and make sure that his offer was "working". When he saw that people had started to buy into his offer, he left it there and went to bed.
Does this make sense?
February 24, 2014, 08:19:15 AM
The BitStamp wall has been at the same price for about 7hours now...I watched it go in 10K @600, and then it was moved a couple of times before settling at 579.34 since when it hasn't moved. I tend to think if this was a tactic in part of a larger strategy, then we would have seen the wall move price testing support.
That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.
NB Above theory could be total bollocks
That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.
NB Above theory could be total bollocks
or a smart trader who will sell now and buy much cheaper....
I appreciate the larger assumed strategy but I've been watching these wall games for about a year now and they are usually repositioned to maximise their effect and impact, indeed you usually begin to divine a purpose to the moves. But this gut looks like he parked an order and has gone off to do other things.
yes why not ? I would do the same... it takes patience to make profit, watching the 15 minute chart will never make you any profit, you will be just paying allot of fees and losing your nerves, I found a couple of trades a month to be the most profitable trades ever.
I can smell a crash to 400, you dont have to be bullish short term, you have to adjust your position with market moves, but to be honest I am so bullish long term...
To paraphrase Buffet that if you keep all your coins in one order, you watch this order closely.” He could have maximised his profits by moving the wall and when you have 10K of coin, you dictate where the playground is.
But clearly whatever this is, it's not a reversal...I've been in the 450 camp for weeks now but of course there will be recovery, more moon, trains and CCMF at some point.
February 24, 2014, 08:15:13 AM
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
People predicted Bitcoin will fail like 500 times now and every time Bitcoin became stronger and more resilient after all.
If people would really know what big bankers do with money. Jesus... But we are lucky, people are dumb and don't understand anything on this world.
http://www.reuters.com/article/2014/02/20/us-jpmorgan-madoff-idUSBREA1J21W20140220
"Picard has estimated that Madoff customers lost $17.3 billion."
I don't even want to know what scam is going on behind the scene.
This is far more money then the complete Bitcoin volume was on the best golden "Chinese buy everything" time.
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