lmao i was taunting him too by adding and removing 1 btc to the buy wall for a few mins
LOL - small taunt
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32994. (Read 26623244 times)
July 09, 2013, 03:33:04 PM
LOL - small taunt
July 09, 2013, 03:31:47 PM
5k buy wall for few seconds a minute ago.
at 77.5
It was live for exactly 67 seconds.at 77.5
i didn't recognize that one on bitcoinity, but it's on my second monitor so perhaps i missed it.
market behaviour and patterns/strategies of manipulation could be analyzed very good in that way.
as i'm not too gifted at maths (lasts for some basic trading
) i have no clue how one could illustrate such charts though.Not to be a douchebag, but isn't that what chartbuddy is doing already?
Note: It looks as if its going to fall to ~$72.5.
July 09, 2013, 03:31:37 PM
And..... boom goes the dynamite.
July 09, 2013, 03:30:15 PM
5k buy wall for few seconds a minute ago.
at 77.5
It was live for exactly 67 seconds.at 77.5
i didn't recognize that one on bitcoinity, but it's on my second monitor so perhaps i missed it.
market behaviour and patterns/strategies of manipulation could be analyzed very good in that way.
as i'm not too gifted at maths (lasts for some basic trading
) i have no clue how one could illustrate such charts though. 
July 09, 2013, 03:24:29 PM
how about this
e: aww crap ran away
e: aww crap ran away
July 09, 2013, 03:23:40 PM
I'm pretty sure at least part of that slope up to $77 is owned by the wall guy. Watch, the moment a order completes on that slope, they quickly move a second order and add it to the wall. I have no idea why they'd want to do that, but it sure seems to me like that's whats going on.
EDIT: And now its gone, was fun everybody.
EDIT: And now its gone, was fun everybody.
July 09, 2013, 03:23:31 PM
lmao i was taunting him too by adding and removing 1 btc to the buy wall for a few mins
July 09, 2013, 03:23:27 PM
LOL @ 77 wall. 
July 09, 2013, 03:23:18 PM
To make money perhaps? Pump the price up and then dump for profit. What else could be the purpose?
To get his wall totally eaten? 
July 09, 2013, 03:22:47 PM
2700 BTC sold! Bam!
July 09, 2013, 03:19:35 PM
how about this:
1) every1 join in at the $77 buy wall
2) people panic and buy in to 80
3) pull the order before the dump happens
4) i don't have to sit here and watch the inevitable
edit- lol nvm some1 dumped at 77
1) every1 join in at the $77 buy wall
2) people panic and buy in to 80
3) pull the order before the dump happens
4) i don't have to sit here and watch the inevitable
edit- lol nvm some1 dumped at 77
July 09, 2013, 03:18:01 PM
I think some of you are missing the point.
Banks and hedge funds would probably not touch BTC with a 10ft poll right now
However they are all staffed by professional traders who are compulsive gamblers and skilled in the art of price and sentiment manipulation. Yes, they are hot on risk management too, but they can take the pain of a loss much better than most people here. They also have deep pockets and many of them are also geeks and know all about BTC and have done for years.
To them, this 'free market', is a wet dream. They can open dual accounts, trade with themselves to paint the tape, manipulate to their hearts content on their own accounts in their free time without any repercussions.
It is incredibly naive to believe this is not happening ... possibly right as we speak
Never underestimate your opponents ...
Banks and hedge funds would probably not touch BTC with a 10ft poll right now
However they are all staffed by professional traders who are compulsive gamblers and skilled in the art of price and sentiment manipulation. Yes, they are hot on risk management too, but they can take the pain of a loss much better than most people here. They also have deep pockets and many of them are also geeks and know all about BTC and have done for years.
To them, this 'free market', is a wet dream. They can open dual accounts, trade with themselves to paint the tape, manipulate to their hearts content on their own accounts in their free time without any repercussions.
It is incredibly naive to believe this is not happening ... possibly right as we speak
Never underestimate your opponents ...
July 09, 2013, 03:16:18 PM
5k buy wall for few seconds a minute ago.
at 77.5
It was live for exactly 67 seconds.at 77.5
i didn't recognize that one on bitcoinity, but it's on my second monitor so perhaps i missed it.
July 09, 2013, 03:16:11 PM
This whole manipulation thing would be much less aggravating if I knew what is the purpose. 
Idk, I think its some sort of complicated spreadtrading strategy? Not sure. I don't think they are trying to make it move up or down a long ways, I think they are just trying to make it bounce between the top wall and bottom wall while selling on the top and buying at the bottom. Theres 117 BTC in the way of them completing their strategy, though, not sure if that 117 BTC belong to them (its very nicely sloped so I think its serving to eat up the small bids to add to the sell wall) or if that 117 BTC are just random people trying to outbid them.
Only thing a competent day-trader needs is volatility. Where price goes is irrelevant. Trader will still make big $$$.
July 09, 2013, 03:15:38 PM
This whole manipulation thing would be much less aggravating if I knew what is the purpose.
To make money perhaps? Pump the price up and then dump for profit. What else could be the purpose?
July 09, 2013, 03:14:23 PM
5k buy wall for few seconds a minute ago.
at 77.5
It was live for exactly 67 seconds.at 77.5
i didn't recognize that one on bitcoinity, but it's on my second monitor so perhaps i missed it.
July 09, 2013, 03:12:51 PM
This whole manipulation thing would be much less aggravating if I knew what is the purpose.
Idk, I think its some sort of complicated spreadtrading strategy? Not sure. I don't think they are trying to make it move up or down a long ways, I think they are just trying to make it bounce between the top wall and bottom wall while selling on the top and buying at the bottom. Theres 117 BTC in the way of them completing their strategy, though, not sure if that 117 BTC belong to them (its very nicely sloped so I think its serving to eat up the small bids to add to the sell wall) or if that 117 BTC are just random people trying to outbid them.
July 09, 2013, 03:11:07 PM
This whole manipulation thing would be much less aggravating if I knew what is the purpose.
July 09, 2013, 03:09:54 PM
Three guys, each with $1M, and fast computers, playing around together. Thats chump change for wall st, but would completely screw over Goxxian prices to the point where nobody is even sure what the heck is even going on.
No high speed trading until gox is on top. Gox would lag for hours.The funny part is, that would actually probably help. At least they couldn't go like they do on the NYSE/Forex markets and jump over my bots pricecheck intervals.
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