Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29349. (Read 26628996 times)
February 24, 2014, 05:08:52 AM
I'm suprised there haven't been more of these types of walls all along. They used to be normal, and then disappeared in July. The mtgox orderbook used to have 200K COINS on it during bear markets. Bitstamp currently has only roughly 20K coins. If Bitstamp is becoming the major exchange and then rest of the exchanges are either dying off or being proven to have fake volume, then I should expect bitstamp to be at least somewhat more like mtgox used to be. For example 80K coins on the book might be appropriate.
February 24, 2014, 05:05:12 AM
THAT 5k coins wall on Bitstamp...
has anyone tested it, to see if it is real?
February 24, 2014, 05:04:37 AM
maybe they discovered a glitch in twitters software too
February 24, 2014, 05:03:28 AM
according to the irc, there wont be any official updates today
Was it in chat? Can you post any extracts?
February 24, 2014, 05:03:17 AM
February 24, 2014, 05:02:23 AM
What's up with the MtGox Twitter account?
http://www.coindesk.com/mt-gox-twitter-posts-removed/
http://www.coindesk.com/mt-gox-twitter-posts-removed/
February 24, 2014, 05:01:57 AM
according to the irc, there wont be any official updates today
February 24, 2014, 04:56:26 AM
THAT 5k coins wall on Bitstamp...
has anyone tested it, to see if it is real?
February 24, 2014, 04:54:34 AM
Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events.
Technicals pointed to this movement, IMO. The news came later. News tends to exacerbate or mitigate movements, not define them.
I called the move up and the top, and news is the last thing on my mind. https://bitcointalksearch.org/topic/m.5313168
February 24, 2014, 04:54:03 AM
Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events.
Technicals pointed to this movement, IMO. The news came later. News tends to exacerbate or mitigate movements, not define them.
I called the move up and the top, and news is the last thing on my mind. https://bitcointalksearch.org/topic/m.5313168
February 24, 2014, 04:53:48 AM
THAT 5k coins wall on Bitstamp...
has anyone tested it, to see if it is real?
February 24, 2014, 04:52:59 AM
THAT 5k coins wall on Bitstamp...
February 24, 2014, 04:52:05 AM
February 24, 2014, 04:50:26 AM
Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events.
The downfall of gox is most definitely predictable! Say 99%..
February 24, 2014, 04:47:44 AM
Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events.
February 24, 2014, 04:47:17 AM
CHEAP COINS
February 24, 2014, 04:43:00 AM
Btw. Hails to TERA for being right again and again in such difficult times.
February 24, 2014, 04:41:55 AM
Oh and we're about to pay a visit to that wall again. Seems legit so cannons ready sirs.
February 24, 2014, 04:40:12 AM
Well just woken up and as per usual missed a lot of the action and chance to make some easy money.
Great to see we're doing some wall observing!
Predictions for the day then?
Mine: No gox announcement, price to fall back to around $100 in gox and stamp to follow to about $550
I don't think them clearing up their twitter of bot automated responses is a bad thing. If they deleted their twitter then maybe but just getting rid of their tweets is just a chance to spread more FUD for the manipulators
Great to see we're doing some wall observing!
Predictions for the day then?
Mine: No gox announcement, price to fall back to around $100 in gox and stamp to follow to about $550
I don't think them clearing up their twitter of bot automated responses is a bad thing. If they deleted their twitter then maybe but just getting rid of their tweets is just a chance to spread more FUD for the manipulators
February 24, 2014, 04:34:36 AM
Was asleep, what what the time window between the news and the crash? 5minutes or less? What was the first news source?
The news came out at least 2 hours after the crash started. Seems like some people knew a bit earlier than the rest of us.
http://online.wsj.com/news/articles/SB10001424052702303426304579401883794330454
Short term it's not. Long term it is. Just wait for wave 2 and 3 of dumpers while the price temporarily recoups. This is gonna haunt the market for a few more weeks.
Jump to: