Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32855.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: MickeyT2008 on June 24, 2013, 11:58:04 PM

It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

I was thinking that same thing. Who's providing the stability?

Voodah

sr. member

Activity: 266

Merit: 250

Who are these whales slapping the market around?

It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..

Cmon guys.. I know one of you out there is bound to be reading this...

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: MickeyT2008 on June 24, 2013, 11:58:04 PM

It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

Just screams fake support.

ChartBuddy

legendary

Activity: 2268

Merit: 1782

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.

Nightowlace

hero member

Activity: 980

Merit: 1001

Quote from: ShroomsKit on June 24, 2013, 11:55:06 PM

Quote from: ?? on ??

Are we really calling these guys whales at $1500-$5000??

You mean 1500 - 5000 coins right? If so, yes.

Yeah I read that post wrong.

Frozenlock

sr. member

Activity: 434

Merit: 250

Those thousands coins bids/asks.... seems legit. Roll Eyes

thezerg

legendary

Activity: 1246

Merit: 1010

Quote from: ?? on ??

Are we really calling these guys whales at $1500-$5000??

over 40k coins changed hands. That's $4 million bucks

Nightowlace

hero member

Activity: 980

Merit: 1001

Quote from: Abandon on June 24, 2013, 11:54:03 PM

Quote from: ShroomsKit on June 24, 2013, 11:50:59 PM

And we're back at 103. Like nothing happened. That was weird.

Just wait, the next spike will be to 120 or higher!

Why?

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: ShroomsKit on June 24, 2013, 11:54:16 PM

I wonder what the price would be without all this manipulation the last month or so. Just natural buying and selling.

A lot, lot lower.

I'd say a whale is 5k+

I suppose some might say 1millUSD/coin price but I think half a mill is sufficient for the tag Tongue

+

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: ?? on ??

Are we really calling these guys whales at $1500-$5000??

You mean 1500 - 5000 coins right? If so, yes.

ShroomsKit

hero member

Activity: 672

Merit: 500

I wonder what the price would be without all this manipulation the last month or so. Just natural buying and selling.

Abandon

member

Activity: 112

Merit: 10

Quote from: ShroomsKit on June 24, 2013, 11:50:59 PM

And we're back at 103. Like nothing happened. That was weird.

Just wait, the next spike will be to 120 or higher!

Cablez

legendary

Activity: 1400

Merit: 1000

I owe my soul to the Bitcoin code...

The bid side all the way to 102 is getting heavy.

derpinheimer

legendary

Activity: 896

Merit: 1000

If the bears push us thru 100, we are in BIIIIIIG trouble.

ShroomsKit

hero member

Activity: 672

Merit: 500

And we're back at 103. Like nothing happened. That was weird.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: ShroomsKit on June 24, 2013, 11:48:27 PM

This has to be bot action. Who's gonna do this manually with 1000's of coins within seconds with 15 seconds gox lag.

I cant see bots being trusted with this much money, and if they were, they wouldnt be so stupid.

This is rich guys clicking buttons.

Also bidders seem to be having a price war with each other while the asks cease to build at any significant rate.

3k on 103.

I cant believe there is this much money ready to move on Gox. Seriously, wtf?

11k on 100....

...

.... Huh

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: solex on June 24, 2013, 11:46:57 PM

Quote from: thezerg on June 24, 2013, 11:45:25 PM

50 BTC moves the market 5 bucks :-)

Looks like bull and bear sentiment is diverging -- some whales REALLY think we're going up, some REALLY think we are going down. I don't believe a single player is manipulating both sides -- too expensive

Agreed. And both too dumb/panicky to drip feed their orders and save a load of money.

I suspect someone maybe using Gox as a escrowing agent, since they can't trust anyone else with such large sum of money....

ShroomsKit

hero member

Activity: 672

Merit: 500

This has to be bot action. Who's gonna do this manually with 1000's of coins within seconds with 15 seconds gox lag.

Either way, i bet someone lost a lot of money.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: thezerg on June 24, 2013, 11:45:25 PM

50 BTC moves the market 5 bucks :-)

Looks like bull and bear sentiment is diverging -- some whales REALLY think we're going up, some REALLY think we are going down. I don't believe a single player is manipulating both sides -- too expensive

Really a move like this should too expensive for anything.

We can't rely on logic here gentlemen. Cheesy

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