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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32330. (Read 26469493 times)

legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.

Some whale(s) is a control freak.

what whale? The biggest buy was 300ish BTC, and in the last hour the total volume is roughly 1k BTC. Those are not whales, those are mice.
True. I noticed after posting that the .5k was eaten in two gulps, not one.

I've since made some coffee.
legendary
Activity: 1148
Merit: 1018
Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.

Some whale(s) is a control freak.

what whale? The biggest buy was 300ish BTC, and in the last hour the total volume is roughly 1k BTC. Those are not whales, those are mice.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
Wow. Just woke up, saw a .5k askwall on 145, went to the can, came back and it was eaten. Volume back to a trickle again.

Some whale(s) is a control freak.
hero member
Activity: 509
Merit: 500
Can't upload avatar
Seems like bitcoin is gaining more utility and not just sitting on exchanges.

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 966
Merit: 1001
Energy is Wealth
This waiting game is awful. No whale bidwalls to re-assure us; no whale asks to scare us. Nothing. Its just a game of waiting for the first massive market order followed by a wall. Market buys that dont cleanly take us over 150 seem irrelevant to the market right now. So, if the price really does go up, its probably going to have a bid wall on 150, leaving anyone who sold below 150 stuck buying back at a loss if they desire.

And I'd imagine if someone decides its time to go down, we'll have a nice ask on 140, since there is no depth below that.

A 10k sell takes the price to 130.. another 10k? 119... Another? 110. No depth above 120. Its just weird it hasnt filled in at all over these past few days. Murky waters are expected following such huge price changes, but its had time to build.


Anyone have some opinions? Is this just a 125 repeat where just when market sentiment flips, "they" buy, or are "they" done?



Seems like bitcoin is gaining more utility and not just sitting on exchanges.
Seams to be the case. Its midweek, over 8 hours of trading and volume on gox us market is 1k.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 811
Merit: 1000
Web Developer
This waiting game is awful. No whale bidwalls to re-assure us; no whale asks to scare us. Nothing. Its just a game of waiting for the first massive market order followed by a wall. Market buys that dont cleanly take us over 150 seem irrelevant to the market right now. So, if the price really does go up, its probably going to have a bid wall on 150, leaving anyone who sold below 150 stuck buying back at a loss if they desire.

And I'd imagine if someone decides its time to go down, we'll have a nice ask on 140, since there is no depth below that.

A 10k sell takes the price to 130.. another 10k? 119... Another? 110. No depth above 120. Its just weird it hasnt filled in at all over these past few days. Murky waters are expected following such huge price changes, but its had time to build.


Anyone have some opinions? Is this just a 125 repeat where just when market sentiment flips, "they" buy, or are "they" done?



Seems like bitcoin is gaining more utility and not just sitting on exchanges.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 896
Merit: 1000
This waiting game is awful. No whale bidwalls to re-assure us; no whale asks to scare us. Nothing. Its just a game of waiting for the first massive market order followed by a wall. Market buys that dont cleanly take us over 150 seem irrelevant to the market right now. So, if the price really does go up, its probably going to have a bid wall on 150, leaving anyone who sold below 150 stuck buying back at a loss if they desire.

And I'd imagine if someone decides its time to go down, we'll have a nice ask on 140, since there is no depth below that.

A 10k sell takes the price to 130.. another 10k? 119... Another? 110. No depth above 120. Its just weird it hasnt filled in at all over these past few days. Murky waters are expected following such huge price changes, but its had time to build.


Anyone have some opinions? Is this just a 125 repeat where just when market sentiment flips, "they" buy, or are "they" done?

legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
i think this is the first gray daily candle ever!

I think you're right. Unless you count when Gox was down for a couple of days after the 2011 bubble burst.

Yes. And the eight-hour gox-grey candle during the 2013 burst too.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
i think this is the first gray daily candle ever!

I think you're right. Unless you count when Gox was down for a couple of days after the 2011 bubble burst.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 371
Merit: 250
volume in chinese bitcoin markets 14250 (around) data from -> http://btckan.com/price (translate with google translate if needed)
volume in mtgox 15744
volume in bitstamp 11780
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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