Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31915. (Read 26469880 times)
November 06, 2013, 06:51:10 PM
Good to see that a 1k sell on Gox has an almost negligible effect, immediate bounce back. C'mon Moby Dick, just pull that wall and let us see 300 before bed time
November 06, 2013, 06:48:19 PM
Hmmm...
http://bitcoinvest.eu/index.php/bitcoin-nea-ellada/item/15-bitmit-is-closing
Quote
Bitmit is closing
Bitmit is shutting down its services in four weeks. Please complete your orders and withdraw your funds!
2013 November 6th
You are allowed to place new orders until November 13th.
If you are interested in buying the site we will publish further information in about 2 weeks. Meanwhile please stay patient.
« The end is the beginning of all things, suppressed and hidden, awaiting to be released through the rhythm of pain and pleasure. Bitcoin evolved from a sore baby to a powerful soldier who is surrounded by a wonderful community of freedom fighters! With your help Bitcoin will be able to defend itself in the fight against all financial systems that are based on debt. But for us it's time to move on. »
We really appreciate your long time support!
THANKS AND BYE BYE!
PS: In the case you want to send us a beer: 1KBbTJ1G1KBJmdqiFbYDRh6KiBwFUWkUis (Thx&Cheers!)
Bitmit is shutting down its services in four weeks. Please complete your orders and withdraw your funds!
2013 November 6th
You are allowed to place new orders until November 13th.
If you are interested in buying the site we will publish further information in about 2 weeks. Meanwhile please stay patient.
« The end is the beginning of all things, suppressed and hidden, awaiting to be released through the rhythm of pain and pleasure. Bitcoin evolved from a sore baby to a powerful soldier who is surrounded by a wonderful community of freedom fighters! With your help Bitcoin will be able to defend itself in the fight against all financial systems that are based on debt. But for us it's time to move on. »
We really appreciate your long time support!
THANKS AND BYE BYE!
PS: In the case you want to send us a beer: 1KBbTJ1G1KBJmdqiFbYDRh6KiBwFUWkUis (Thx&Cheers!)
http://bitcoinvest.eu/index.php/bitcoin-nea-ellada/item/15-bitmit-is-closing
hmmm... indeed
November 06, 2013, 06:45:11 PM
So, it's ATH and near dead in this thread simultaneously? It really looks like April then 
November 06, 2013, 06:30:58 PM
Hmmm...
http://bitcoinvest.eu/index.php/bitcoin-nea-ellada/item/15-bitmit-is-closing
Quote
Bitmit is closing
Bitmit is shutting down its services in four weeks. Please complete your orders and withdraw your funds!
2013 November 6th
You are allowed to place new orders until November 13th.
If you are interested in buying the site we will publish further information in about 2 weeks. Meanwhile please stay patient.
« The end is the beginning of all things, suppressed and hidden, awaiting to be released through the rhythm of pain and pleasure. Bitcoin evolved from a sore baby to a powerful soldier who is surrounded by a wonderful community of freedom fighters! With your help Bitcoin will be able to defend itself in the fight against all financial systems that are based on debt. But for us it's time to move on. »
We really appreciate your long time support!
THANKS AND BYE BYE!
PS: In the case you want to send us a beer: 1KBbTJ1G1KBJmdqiFbYDRh6KiBwFUWkUis (Thx&Cheers!)
Bitmit is shutting down its services in four weeks. Please complete your orders and withdraw your funds!
2013 November 6th
You are allowed to place new orders until November 13th.
If you are interested in buying the site we will publish further information in about 2 weeks. Meanwhile please stay patient.
« The end is the beginning of all things, suppressed and hidden, awaiting to be released through the rhythm of pain and pleasure. Bitcoin evolved from a sore baby to a powerful soldier who is surrounded by a wonderful community of freedom fighters! With your help Bitcoin will be able to defend itself in the fight against all financial systems that are based on debt. But for us it's time to move on. »
We really appreciate your long time support!
THANKS AND BYE BYE!
PS: In the case you want to send us a beer: 1KBbTJ1G1KBJmdqiFbYDRh6KiBwFUWkUis (Thx&Cheers!)
http://bitcoinvest.eu/index.php/bitcoin-nea-ellada/item/15-bitmit-is-closing
November 06, 2013, 06:23:14 PM
What the fu... 6169 BTC ask $266.9.. who is selling 6k of coins.. how far down will that take us?
November 06, 2013, 06:19:43 PM
Wall just pulled?
Edit: Seems that it was just bitcoinity.
Edit: Seems that it was just bitcoinity.
November 06, 2013, 06:18:48 PM
ok so I figure whoever this wall belongs to must have wanted to sell for a long time, and now feels like there is enough buy pressure incoming due to ATH being reached that he can get away with selling so many.
Is that the only scenario that makes sense?
Is that the only scenario that makes sense?
There's a chance, albeit slim, that he might be trying to prevent the price from rising too quickly, to prevent a bubble pop like last April. I don't believe that, but I'd like to....
I can come up with lots of other scenarios as well but I think that he just wants out is still the most probable one, Occams razor and all.
November 06, 2013, 06:01:59 PM
November 06, 2013, 06:00:48 PM
November 06, 2013, 05:54:41 PM
ok so I figure whoever this wall belongs to must have wanted to sell for a long time, and now feels like there is enough buy pressure incoming due to ATH being reached that he can get away with selling so many.
Is that the only scenario that makes sense?
Is that the only scenario that makes sense?
There's a chance, albeit slim, that he might be trying to prevent the price from rising too quickly, to prevent a bubble pop like last April. I don't believe that, but I'd like to....
benevolent manipulation is always a possibility, but they would have to do it on the other exchanges too right? A way to test would be us all buying like mad on stamp and seeing if one gets plonked down there too.
November 06, 2013, 05:54:35 PM
Woot, gox, stamp parity.
Finally!
This means the market perception of Gox's failure likelihood has now reduced from 5-10% down to 0%, right?
No it means, Gox and stamp have an equal likelihood to fail.
November 06, 2013, 05:50:49 PM
Woot, gox, stamp parity.
Finally!
This means the market perception of Gox's failure likelihood has now reduced from 5-10% down to 0%, right?
The Rise and Fall of the World’s Largest Bitcoin Exchange
I wonder if the above had anything to do with it.
Whose got big balls now?
November 06, 2013, 05:49:51 PM
1 to real ATH
November 06, 2013, 05:49:04 PM
ok so I figure whoever this wall belongs to must have wanted to sell for a long time, and now feels like there is enough buy pressure incoming due to ATH being reached that he can get away with selling so many.
Is that the only scenario that makes sense?
Is that the only scenario that makes sense?
I figure it is a (super) early adopter who missed out selling on the last run up in April, and made the decision that he was going to liquidate 10k when we hit ATH again, as to not miss out a second time . . . Probably figures he is adding some stability to the market in the process? I am sure whoever it is has a bunch more.
November 06, 2013, 05:48:56 PM
ok so I figure whoever this wall belongs to must have wanted to sell for a long time, and now feels like there is enough buy pressure incoming due to ATH being reached that he can get away with selling so many.
Is that the only scenario that makes sense?
Is that the only scenario that makes sense?
There's a chance, albeit slim, that he might be trying to prevent the price from rising too quickly, to prevent a bubble pop like last April. I don't believe that, but I'd like to....
November 06, 2013, 05:48:46 PM
Woot, gox, stamp parity.
Finally!
This means the market perception of Gox's failure likelihood has now reduced from 5-10% down to 0%, right?
November 06, 2013, 05:48:30 PM
And good night from Europe. 
Don't know what to expect from tomorrow, so I am 50/50 now.
Ok, I have a stronger bias for a small retraction to 245 land, before a new charge, but tomorrow will tell.
Don't know what to expect from tomorrow, so I am 50/50 now.
Ok, I have a stronger bias for a small retraction to 245 land, before a new charge, but tomorrow will tell.
November 06, 2013, 05:48:21 PM
at least we know what the bid wall is all about on stamp.
Push stamp price up -> Gox users will flip out and buy the shit out of the 6k wall -> drop bid wall on stamp -> Dump more coins on stamp after having force fed your 266 to gox. Flush with fiat on both exchanges, pick up the broken dreams.
That's my theory. It seems to be working.
It would work if everyone is in euphoria with the price flying through the roof and no one wants to sell as seems to be the case.
I wonder what will happen when people finally do rush to sell if that does happen.
Or maybe we go to the moon to 1000 without a hiccup.
Either way, these walls freak me out! I can't sell all my btcs though
Push stamp price up -> Gox users will flip out and buy the shit out of the 6k wall -> drop bid wall on stamp -> Dump more coins on stamp after having force fed your 266 to gox. Flush with fiat on both exchanges, pick up the broken dreams.
That's my theory. It seems to be working.
It would work if everyone is in euphoria with the price flying through the roof and no one wants to sell as seems to be the case.
I wonder what will happen when people finally do rush to sell if that does happen.
Or maybe we go to the moon to 1000 without a hiccup.
Either way, these walls freak me out! I can't sell all my btcs though
November 06, 2013, 05:45:39 PM
ok so I figure whoever this wall belongs to must have wanted to sell for a long time, and now feels like there is enough buy pressure incoming due to ATH being reached that he can get away with selling so many.
Is that the only scenario that makes sense?
Is that the only scenario that makes sense?
November 06, 2013, 05:45:04 PM
I just saw my first ever All Time High, on Bitstamp. Off to get some tissues.....
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