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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32648. (Read 26686401 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1218
Merit: 1003
There is room for growth in the Brazilian market! Only 1.34 ฿ in the last 24h!
legendary
Activity: 1232
Merit: 1011
When did China become a third of the total global exchange volume?!

I guess when they started to manufacture and deploy en masse cheap ASICs.
legendary
Activity: 1036
Merit: 1000
Holy smokes! When did China become a third of the total global exchange volume?!

And how fast are they coming up?
legendary
Activity: 2478
Merit: 1362
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.

I think there is a lot of volume in china



http://bitcoinaverage.com/#CNY 11.3K
http://bitcoinaverage.com/#USD 21K

Can help as well to compute the numbers.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 371
Merit: 250
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.

I think there is a lot of volume in china

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4242
Merit: 5039
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: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4242
Merit: 5039
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: 2380
Merit: 1823
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: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
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.
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