Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33087. (Read 26496913 times)
June 18, 2013, 11:27:28 AM
Hang in there, bud.
June 18, 2013, 11:25:41 AM
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, 11:24:04 AM
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, 11:22:19 AM
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, 11:21:25 AM
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, 11:17:47 AM
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, 11:10:39 AM
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, 11:10:05 AM
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, 11:07:29 AM
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, 11:05:14 AM
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, 11:02:25 AM
[...]
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, 11:02:20 AM
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 $100? What's up with them? What are they smoking?
June 18, 2013, 11:00:20 AM
June 18, 2013, 10:57:11 AM
i will help you guys destroing this wall
June 18, 2013, 10:55:50 AM
Lets see what happens to this 108.5 wall, its being tickled
June 18, 2013, 10:54:58 AM
the wall is doing a nice job of soaking up bear bile -- and I dare say he is getting a good deal in the process.
He will regret that when the price hit the under 100$
June 18, 2013, 10:49:54 AM
the wall is doing a nice job of soaking up bear bile -- and I dare say he is getting a good deal in the process.
June 18, 2013, 10:48:25 AM
@ElectricMucus: The correlation only exists if you rescale both y and x axes.
It also looks like a pert breast, on it's side.
Means nothing.
It also looks like a pert breast, on it's side.
Means nothing.
June 18, 2013, 10:45:54 AM
[...]
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.
June 18, 2013, 10:38:29 AM
Here is for a revised 2011-2013 comparison. We are still very new to bear land in that perspective.
Why do people have this urge to see the similarities alone in cases where it fits their argument, but ignore the differences that would counter or at least weaken that argument?
CMF, A/D: 2011 vs 2013
Disclaimer: I'm getting a bit sick of having to include this statement every time, but here it goes: I'm not a bull, far from it. No predictions that we'll hit 200 next month from me. I'm not a bear either however, and I'm very much undecided about the question whether the correction/bubble deflation is largely over yet or not.
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. (Actually I don't really use the correlation I posted either, I just wanted to point out that it exists.)
Jump to: