The same old story over and over...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32921. (Read 26467678 times)
June 18, 2013, 12:36:53 PM
Well well well, coins coming to the order book, is wallzilla propping up the price preparing for his dump?
The same old story over and over...
The same old story over and over...
June 18, 2013, 12:36:21 PM
The wall have not been touched at the moment , its 4500B in one order that will probebly be pulld if touched .
The wall was touched, I guarantee you that. But was chewed very little, only a few coins were sold into it.
June 18, 2013, 12:34:43 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.
It's called bait and switch.
I think it's just bait. He might very well be buying his own wall for all we know... a good show of "support".
This is my feeling too. Anyhow, I'm so used to "fake" walls that get immediately pulled as soon as the price get close to them that it kinda puzzles me to see a wall like that being chewed in this kind of slow and bearish market. And that wall was really chewed, not a lot because the volume is low, but it was chewed indeed and it didn't moved a single inch.
Boh... Will see... I'm not buying, that's for sure.
You're waiting for the price to go to 50 right?
June 18, 2013, 12:33:53 PM
The wall have not been touched at the moment , its 4500B in one order that will probebly be pulld if touched .
June 18, 2013, 12:30:41 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.
It's called bait and switch.
I think it's just bait. He might very well be buying his own wall for all we know... a good show of "support".
This is my feeling too. Anyhow, I'm so used to "fake" walls that get immediately pulled as soon as the price get close to them that it kinda puzzles me to see a wall like that being chewed in this kind of slow and bearish market. And that wall was really chewed, not a lot because the volume is low, but it was chewed indeed and it didn't moved a single inch.
Boh... Will see... I'm not buying, that's for sure.
June 18, 2013, 12:29:35 PM
[...] The kind of my position is not really related to market sediment, at least I try to keep it that way.
I guess you trade quite often/short term then. Probably makes sense in that case. I try to not trade more than once every 2 weeks or so, cause: lazyness. Also, sediment?
June 18, 2013, 12:27:43 PM
We are resting now at the 1st fibonacci level of the move of 102->113.3. In principle, I would like to see the 2nd level before I buy in in a serious quantity. I corrected 20% of my error by purchasing the bitcoins I had sold at EUR 76, for EUR 80. So I am eating a 5% dumb panicker fee.
June 18, 2013, 12:27:28 PM
Hang in there, bud.
June 18, 2013, 12:25:41 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
It's there to instil confidence in the market. People will buy above it, like they are doing now... or were. we'll be down to ~100 by tonight
June 18, 2013, 12:24:04 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.
It's called bait and switch.
I think it's just bait. He might very well be buying his own wall for all we know... a good show of "support".
June 18, 2013, 12:22:19 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.
Boh. It could be an epic trap. The spike is notable, that's certain, and Wallzilla is really risking his stash to make of this a "real" breakout.
June 18, 2013, 12:21:25 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.
It's called bait and switch.
June 18, 2013, 12:17:47 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
The greater good. Showing people that this is a good buy in point by staking his own capital. This is market confidence.
June 18, 2013, 12:10:39 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
But... But... look at the depth... If he pulls that $500k wall the price will slide down till at least $105, probably till $102... Buying $2, $3 or $4 cheaper it's always better, with that volume we are speaking about 100BTC more... Enough to be a supernode!!
June 18, 2013, 12:10:05 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
it looks as if many of the coins sold for more than 110 that now can buy back all at 108.50
and even reverses the trend to buy
June 18, 2013, 12:07:29 PM
i will help you guys destroing this wall
I'm waiting... Wallzilla looks hungry. Besides, I'm just going to buy more coins when it slingshots around 100 again.
I see consolidation between 108 and 112 now before another push upwards. Target, 120.
June 18, 2013, 12:05:14 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
They didn't know it was going to go up to $108, and they want Bitcoins. Hindsight is always 20/20..
June 18, 2013, 12:02:25 PM
[...]
Here is the thing, I can't possibly think of every technicality which wouldn't fit this correlation, there are just too many. (like the indicators you posted for instance).
I don't use volume based indicators, but I don't ignore them, they are just not relevant for my style of trading.
Here is the thing, I can't possibly think of every technicality which wouldn't fit this correlation, there are just too many. (like the indicators you posted for instance).
I don't use volume based indicators, but I don't ignore them, they are just not relevant for my style of trading.
Fair enough. It's just that I don't look at the indicators (volume based or not) in isolation but try to see how they fit in with what I believe to be the market sentiment.
And the way it looks to me, that sentiment is very different now than it was in 2011. I wasn't around in 2011, but judging by the forum posts here for example, there is substantially more optimism around today than back then. So if this is continuing deflation, it sure looks like it has to overcome some real resistance by the market. But, yes, maybe that's how it'll play out in the end.
Hmm, I just use the sediment to choose the size of my position, in relation to my capital. In a sense my own greed and fear is related to the one of you guys. Some times I am "in phase" some times "out of phase".
It's too bad I don't have a systematic approach for that. The kind of my position is not really related to market sediment, at least I try to keep it that way.
June 18, 2013, 12:02:20 PM
Wallzilla being chewed ATM, seems legit
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
Crazy whales buying +$500k in coins at $108 when they could buy below $100? What's up with them? What are they smoking?
June 18, 2013, 12:00:20 PM
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