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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31906. (Read 26469755 times)

full member
Activity: 196
Merit: 100
legendary
Activity: 2156
Merit: 1094
Gox was struggling to follow the Chinese for some time. Gox was primed to crash, yet it tries to follow
the Chinese in their buying spree, that didn't stop. This is uncharted territory, anything can happen.
hero member
Activity: 518
Merit: 500
Someone is trying hard to crash the market on Gox.  Can't think of why else you'd dump 50+btc into $270 when asks are getting eaten at $274.  Completely illogical.

The problem is Stamp/Coinbase simply don't give a fck anymore..

Gox bears are used to having their way with the market. Looks like they haven't learned.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Someone is trying hard to crash the market on Gox.  Can't think of why else you'd dump 50+btc into $270 when asks are getting eaten at $274.  Completely illogical.

its all good most poeple will withdraw their $$ from mtgox and buy bitcoins again 6 months later  Cheesy
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1168
Merit: 1000
Someone is trying hard to crash the market on Gox.  Can't think of why else you'd dump 50+btc into $270 when asks are getting eaten at $274.  Completely illogical.

The problem is Stamp/Coinbase simply don't give a fck anymore..
sr. member
Activity: 280
Merit: 250
Ah, someone finally bought the wall.

Great, heading off to sleep just as the fun starts.  Angry

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"

It was eaten, it does not exist anymore. Sorry.

Maybe he was inquiring about Mark's big balls.
legendary
Activity: 868
Merit: 1340
Although, I'm not sure how it just reached at ATH of $274.60 when there's still a $270 wall?  Just lag with the charts?
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
The million dollar Gox wall is gone!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
everyone listen up if we simply remove all the asks and place a lot of bids everyone will panic buy to half a million for a coin !

 Cool Cool Cool
hero member
Activity: 518
Merit: 500
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"

Someone was selling 10k coins at 266.90.  On a chart this creates a vertical line we call a "wall".  But people have bought all 10k coins so no Gox will go up like normal.
legendary
Activity: 1168
Merit: 1000
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"

It was eaten, it does not exist anymore. Sorry.

He did the community a service though, by selling off so much cheap btc..   Cheesy
hero member
Activity: 533
Merit: 539
china ~284$, stamp 275.9$, btc-e 259$ !  Shocked
legendary
Activity: 868
Merit: 1340
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"

Check out http://bitcoinity.org/markets/mtgox/USD  and you'll see stepped bid or ask sums, also known as "walls".  It was stuck on $266.90 for a couple of hours, now there's a smaller wall at $270 which looks like it will also get bought into
hero member
Activity: 938
Merit: 501
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"

It was eaten, it does not exist anymore. Sorry.
legendary
Activity: 1168
Merit: 1000
700 BTC wall on Gox looks so small now..  Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Grin

you seem to have recovered your mood Adam

its to bad i sold shouldn't of been playing with triggers

I have some play btc left

and still very bullish!  Cheesy

This implies the price is going to go back at this level again, and you will buy again. Not very smart my friend.

i buy and sell sometimes; never lost a dime, but coulda woulda shoulda made more PROFITS!
legendary
Activity: 1168
Merit: 1000
Make no mistake.  "Gox bucks" are still worth less than Stamp bucks.  Someone's got to eventually snap up or down quite a bit, and sooner than later.
full member
Activity: 198
Merit: 100
Brony Bitcoin, Litecoin Miner
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"
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