Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32640. (Read 26470333 times)
July 12, 2013, 10:57:14 AM
Goodbye, triple digits. See you 2015.
July 12, 2013, 10:56:43 AM
I'll let the walls speak for themselves
is that a wall on 70?
the ask wall on 110 is clear, but the bid walls are not so clear... its a scary slope
There are almost insignificant 'major' walls at 70 and 80 and thats pretty much it
Having said that...I do not think a whale is dumb enough to dump big amounts of coins into thin bids like that. Unless:
1) He was trying to cause a panic
2) He felt that buying pressure is well and truly exhausted
3) He felt that a rally is
July 12, 2013, 10:55:56 AM
+1
July 12, 2013, 10:55:34 AM
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
Their intention might be to stimulate rallying so they can sell allot higherAnd once they stop - do we go down?
It's logical that it's (at least) a chance to up trend on 120-130, they don't want to sell for 100 and they want keep and hold.
If the down trend will return, they will again sell ...
win win for them
July 12, 2013, 10:54:46 AM
July 12, 2013, 10:54:05 AM
Interesting discrepancy ... check coinorama.net ... showing completely different numbers
July 12, 2013, 10:53:12 AM
I'll let the walls speak for themselves
is that a wall on 70?
the ask wall on 110 is clear, but the bid walls are not so clear... its a scary slope
July 12, 2013, 10:51:21 AM
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
Their intention might be to stimulate rallying so they can sell allot higherAnd once they stop - do we go down?
It's logical that it's (at least) a chance to up trend on 120-130, they don't want to sell for 100 and they want keep and hold.
If the down trend will return, they will again sell ...
July 12, 2013, 10:50:46 AM
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
Their intention might be to stimulate rallying so they can sell allot higher
Yeah, but they'd be relying on 30k bids being above 80 [and getting every single one of them] to be pulling any sort of profit. [Since, if they have put their cash into coins, yet, they have at least 30k... maybe 40-50k coins.]
I suppose they could have bought just 10k and be using their USD to push it up. But thats a measly 200k profit. Why would anyone that rich care. Lots of work.
There are only 20k coins to 110.
Coinorama is showing 54k coins to $110 on gox
Whatever that is, it's wrong. You always post these hugely inflated numbers. I think you need to stop using that crappy site.
July 12, 2013, 10:49:54 AM
walls have shifted towards lower bias. Seems to be engaging dump mode
July 12, 2013, 10:47:27 AM
I'll let the walls speak for themselves
July 12, 2013, 10:44:30 AM
There are only 20k coins to 110.
Coinorama is showing 54k coins to $110 on gox
July 12, 2013, 10:41:30 AM
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
Their intention might be to stimulate rallying so they can sell allot higher
July 12, 2013, 10:29:32 AM
If there is no selling into these bid walls i'm completely convinced of this trend reversal.
There were some sales into these walls and then they disappeared. So, no trend reversal
I seriously reckon that those are his 40k coins at $105 - $110 and he wants to push us up there to take his very large profit for a couple of days whaling
There are only 20k coins to 110.
Bids took a small drop, but there is no selling into them. Some whale pulled bids from somewhere else. Bids on 70 took a small drop from ~34k to ~30k.
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
July 12, 2013, 10:20:52 AM
its interesting to see this rally with significant volume on major price rises. I don't think we've seen that so consistently since the run up to 266
July 12, 2013, 10:03:38 AM
does the price follow the line or do the lines follow the price 
July 12, 2013, 10:01:37 AM
July 12, 2013, 09:58:09 AM
Bitstamp really starting to deviate again. Lots on the sell side.
Leading or
Leading or
Seems so. Anyway I'm out. Sold at 121 last time, waited, bought in again at 64-65, now out again. Still think it's overvalued, just riding the manipulated wave. Lot's of resistance last time around 130. So I guess we'll actually reach a lower high. Good luck to the one holding my coins now
July 12, 2013, 09:39:00 AM
Bitstamp really starting to deviate again. Lots on the sell side.
Leading or
Leading or
But: Bitstamp is above his downtrend line too (even around the support line of the triangle like MtGox too)
July 12, 2013, 09:31:06 AM
Bitstamp really starting to deviate again. Lots on the sell side.
Leading or
Leading or
No, it is just a fear against sudden dumps on gox...
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