Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29357.

marcelv3612

newbie

Activity: 21

Merit: 0

Quote from: marcelv3612 on February 23, 2014, 04:35:31 PM

Quote from: EuroTrash on February 23, 2014, 04:13:58 PM

Quote from: marcelv3612 on February 23, 2014, 04:12:33 PM

funny how TA works.

I bet we are going to test 560-590 in the next few hours. Anyone up for the bet? 1BTC

biafore, is that you?

this is my first/only acc.. I joined only recently, following this thread for a month.

Quote from: spooderman on February 23, 2014, 04:16:46 PM

wow would be nice to see a genuine bet. They always turn out to be trolls on here. I'll escrow if you want.

Yes, would be nice.

damn, could have made easy bitcoin

RicePicker

full member

Activity: 216

Merit: 100

RicePicker

So after the 10k coins are sold into the market and 6 million dollars are removed from the exchange the price is suppose to go up with 6 million dollars less on the books?

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: Vycid on February 23, 2014, 11:57:18 PM

Is anyone else struck by the irony that the community has been demanding Mark's resignation for weeks now, but when he actually resigns the market responds with a 50% drop?

Is that accurate, or is there some part I'm missing here?

Gox is not the market.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: Vycid on February 23, 2014, 11:59:07 PM

Quote from: Holliday on February 23, 2014, 11:58:24 PM

Quote from: surfer43 on February 23, 2014, 11:55:58 PM

Quote from: Holliday on February 23, 2014, 11:54:03 PM

Quote from: surfer43 on February 23, 2014, 11:51:45 PM

People should announce before they move the market more than 50% Roll Eyes

Gox isn't a market, its a joke. Why do you even care what is happening at the exchange that couldn't?

I have BTC there. To fail at taking advantage of the volatility Cool

Really, more than 200% instant profits I can take.

Well I hope for your sake that you are someday able to claim any profits you've earned at Gox.

He's always got an out via BitcoinBuilder.

Indeed. I don't really follow the Gox situation further than what I read here. I suppose people have received actual Bitcoins from BitcoinBuilder?

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: Vycid on February 23, 2014, 11:57:18 PM

Is anyone else struck by the irony that the community has been demanding Mark's resignation for weeks now, but when he actually resigns the market responds with a 50% drop?

Is that accurate, or is there some part I'm missing here?

I certainly don't expect rational behavior from Gox customers, otherwise they wouldn't be Gox customers in the first place.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: Holliday on February 23, 2014, 11:58:24 PM

Quote from: surfer43 on February 23, 2014, 11:55:58 PM

Quote from: Holliday on February 23, 2014, 11:54:03 PM

Quote from: surfer43 on February 23, 2014, 11:51:45 PM

People should announce before they move the market more than 50% Roll Eyes

Gox isn't a market, its a joke. Why do you even care what is happening at the exchange that couldn't?

I have BTC there. To fail at taking advantage of the volatility Cool

Really, more than 200% instant profits I can take.

Well I hope for your sake that you are someday able to claim any profits you've earned at Gox.

He's always got an out via BitcoinBuilder.

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: surfer43 on February 23, 2014, 11:55:58 PM

Quote from: Holliday on February 23, 2014, 11:54:03 PM

Quote from: surfer43 on February 23, 2014, 11:51:45 PM

People should announce before they move the market more than 50% Roll Eyes

Gox isn't a market, its a joke. Why do you even care what is happening at the exchange that couldn't?

I have BTC there. To fail at taking advantage of the volatility Cool

Really, more than 200% instant profits I can take.

Well I hope for your sake that you are someday able to claim any profits you've earned at Gox.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: ?? on ??

Quote from: spooderman on February 23, 2014, 11:53:04 PM

nice 2 watch a wall get eatn

And the fact its being left to get eaten suggests the seller is more interested in liquidating than manipulating, would you think?

Yeah, they are interested in not manipulating, especially when it is very soon after the buy order is placed. Selling when a wall is there does only fear while selling without a wall causes ⇩...

TheScientist

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

Quote from: spooderman on February 23, 2014, 11:53:04 PM

nice 2 watch a wall get eatn

And the fact its being left to get eaten suggests the seller is more interested in liquidating than manipulating, would you think?

+ 1 someone wants fiat. plain and simple.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Is anyone else struck by the irony that the community has been demanding Mark's resignation for weeks now, but when he actually resigns the market responds with a 50% drop?

Is that accurate, or is there some part I'm missing here?

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

Quote from: octaft on February 23, 2014, 11:49:07 PM

Quote from: kkaspar on February 23, 2014, 11:46:50 PM

.. visible sell walls like that are bought back by the same people who post them. This is to stimulate demand and to demonstrate how high the buying pressure is.
You will buy into this wall, because it seems that everyone are buying into it and as soon as the wall breaks, it will go to da moon!
But really you are just helping one guy/group to get rid of his/its coins with a fixed price.
With an unregulated market system, it's not hard to be a 0% fee trader.

Then when he dumps the rest, he'll use the money you gave him to buy it all back lower, with a nice profit to go along with it.

This is routine method in the BTC-E/LTC market. Rarely see this with STAMP/BTC though. Means that someone is desperate

I think that's nice..

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: Holliday on February 23, 2014, 11:54:03 PM

Quote from: surfer43 on February 23, 2014, 11:51:45 PM

People should announce before they move the market more than 50% Roll Eyes

Gox isn't a market, its a joke. Why do you even care what is happening at the exchange that couldn't?

I have BTC there. To fail at taking advantage of the volatility Cool

Really, more than 200% instant profits I can take.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: spooderman on February 23, 2014, 11:53:04 PM

nice 2 watch a wall get eatn

... 60 seconds after it happened... and only if its in your favour, otherwise you are panicked into hodling

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: JorgeStolfi on February 23, 2014, 11:49:34 PM

Today Sunday Feb/23, the BTC trade volume outside China (excluding MtGOX) was ~53 kBTC, practically the same as yesterday.

On the other hand, the trade volume in China was ~338 kBTC, 20% higher than yesterday's. OKCoin grew more than Huobi.

As a consequence, the Chinese shre of the total volume in all the exchanges (excluding MtGOX) was 86%, up from yesterday's 83%.

Bitstamp was still the leader outside China (~21 kBTC), followed by Bitfinex (~16) and BTC-e (~14)

Interesting. I still dont believe China volume can be fairly compared to "other" volume, though.

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: surfer43 on February 23, 2014, 11:51:45 PM

People should announce before they move the market more than 50% Roll Eyes

Gox isn't a market, its a joke. Why do you even care what is happening at the exchange that couldn't?

spooderman

legendary

Activity: 1680

Merit: 1045

nice 2 watch a wall get eatn

iarsenaux

sr. member

Activity: 350

Merit: 250

all who sells below that wall will be shaken out of the train.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

People should announce before they move the market more than 50% Roll Eyes

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Today Sunday Feb/23, the BTC trade volume outside China (excluding MtGOX) was ~53 kBTC, practically the same as yesterday.

On the other hand, the trade volume in China was ~338 kBTC, 20% higher than yesterday's. OKCoin grew more than Huobi.

As a consequence, the Chinese shre of the total volume in all the exchanges (excluding MtGOX) was 86%, up from yesterday's 83%.

Bitstamp was still the leader outside China (~21 kBTC), followed by Bitfinex (~16) and BTC-e (~14)

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