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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33055. (Read 26466280 times)

sr. member
Activity: 252
Merit: 250
full member
Activity: 238
Merit: 100
Seems to be a lot of patience on the buyers side. Put up a big wall and wait for a big seller to make an exit.

Almost... too patient


*puts on tinfoil hat*
sr. member
Activity: 434
Merit: 250
The 7k at $100 doesn't look so big now that >20k just got sold.
legendary
Activity: 1025
Merit: 1000
full member
Activity: 232
Merit: 100
Unless there are more Pre-Orders for new Mining hardware, such as 32nm ASIC, that accept only BTC in the near future,  there will be little demand on bitcoin.    The price will slide below $90 by end of next week as ASIC vendors dump their bitcoins to pay their supplier/foundry.
sr. member
Activity: 252
Merit: 250

Well I just bought in at 108. Let's see what happens.

You might take that as a warning as usually this causes a whale dump  Grin

I'm sorry Sad Sold at 104, fuck.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
$70 by Wednesday. Then a nice steady rise to $100 again.

You think the 105 wall is fake?

Very jagged walls like that imply ownership by a single person. Fake or real is not really the issue imo; it means buy support can suddenly disappear at the whim of a single market participant.

Thar she blows.
hero member
Activity: 672
Merit: 500
There is so much money leaving Bitcoin.
FNG
hero member
Activity: 588
Merit: 500
Seems to be a lot of patience on the buyers side. Put up a big wall and wait for a big seller to make an exit.
sr. member
Activity: 434
Merit: 250
sr. member
Activity: 252
Merit: 250
Now all that matters is if the wall will be pulled or not.

It was eaten for more than half its size. I don't think it's fake.

But it's getting smaller by the second...

Does not mean that one person does not hold 3k of it.
sr. member
Activity: 434
Merit: 250
Now all that matters is if the wall will be pulled or not.

It was eaten for more than half its size. I don't think it's fake.

But it's getting smaller by the second...
sr. member
Activity: 252
Merit: 250
Now all that matters is if the wall will be pulled or not.
hero member
Activity: 672
Merit: 500
Ah sunday.  The dumping is starting again. What a surprise. I wonder how many more weeks this will happen.
sr. member
Activity: 434
Merit: 250
WoW! Now $105 is reduced to 5.5k!!!
sr. member
Activity: 434
Merit: 250
Those 4k and 11k walls sure don't look as imposing now...
FNG
hero member
Activity: 588
Merit: 500

But on another subject... action!!
Nearly 9k selloff...8,940   damn
sr. member
Activity: 434
Merit: 250
I was talking of liquidity, not the amount of it.


But on another subject... action!!

More than 8k sold! (And now clarkmoody died on me...)
legendary
Activity: 2534
Merit: 2245
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I don't mean to disparage speculators but I think there is likely such a thing as excess liquidity at times.

What's the name we give to our most liquid asset?

Money.  Wink

Exactly. And just like with the housing market, there can be too much of it around. Of course, if the governments didn't print so damn much of it...
sr. member
Activity: 434
Merit: 250
I don't mean to disparage speculators but I think there is likely such a thing as excess liquidity at times.

What's the name we give to our most liquid asset?

Money.  Wink
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