Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33725. (Read 26497618 times)
May 05, 2013, 07:28:03 PM
... you're still there, aren't you?
May 05, 2013, 06:55:20 PM
The code that generates the 3D charts is in github or somewhere.. ?
I remember reading that the code was in perl but I don't remember if it was released or something..
Thanks
I remember reading that the code was in perl but I don't remember if it was released or something..
Thanks
May 05, 2013, 06:35:30 PM
Heck, it could even be this guy:
...or this guy
...or this guy
May 05, 2013, 06:32:00 PM
I love all this talk about "the wall". This thread is in speculation for a reason, because nobody knows wtf the wall is for.
Could be a pump and dump
Could be a toothless redneck lottery winner trying to buy some coins
Could be someone wanting to diversify their investment portfolio
Could be someone who heard the news in China
Could be anything. You should all just turn it off, go grab an ice cold brew, and relax. Start over tomorrow.
Could be a pump and dump
Could be a toothless redneck lottery winner trying to buy some coins
Could be someone wanting to diversify their investment portfolio
Could be someone who heard the news in China
Could be anything. You should all just turn it off, go grab an ice cold brew, and relax. Start over tomorrow.
May 05, 2013, 06:27:07 PM
This wall @110 is making me nervous.... just sitting there, doing nothing... silently judging me... mocking me.
I know what you're up to wall, I'm onto you. You can't fool me, wall. Nobody can fool me. Not after what happened last time.
Just do something already, wall, don't just sit there!!!!
'k. Time to go to bed.
Sleep? What's that?I know what you're up to wall, I'm onto you. You can't fool me, wall. Nobody can fool me. Not after what happened last time.
Just do something already, wall, don't just sit there!!!!
'k. Time to go to bed.
He didn't say sleep. Have iPad, will travel
May 05, 2013, 06:18:53 PM
This wall @110 is making me nervous.... just sitting there, doing nothing... silently judging me... mocking me.
I know what you're up to wall, I'm onto you. You can't fool me, wall. Nobody can fool me. Not after what happened last time.
Just do something already, wall, don't just sit there!!!!
'k. Time to go to bed.
Sleep? What's that? I know what you're up to wall, I'm onto you. You can't fool me, wall. Nobody can fool me. Not after what happened last time.
Just do something already, wall, don't just sit there!!!!
'k. Time to go to bed.
May 05, 2013, 06:12:15 PM
talk to the wall, because the err, wall ain't listening?
May 05, 2013, 06:09:14 PM
This wall @110 is making me nervous.... just sitting there, doing nothing... silently judging me... mocking me.
I know what you're up to wall, I'm onto you. You can't fool me, wall. Nobody can fool me. Not after what happened last time.
Just do something already, wall, don't just sit there!!!!
'k. Time to go to bed.
I know what you're up to wall, I'm onto you. You can't fool me, wall. Nobody can fool me. Not after what happened last time.
Just do something already, wall, don't just sit there!!!!
'k. Time to go to bed.
May 05, 2013, 06:08:10 PM
Sweet! Now I can see "nothing happening" in 3d! 
May 05, 2013, 06:02:38 PM
My guess is it's some asshole country bumpkin who just won some lottery money and doesn't know any better. He heard about the Murican Bitcoin during a commercial while drunk off his Milwaukee's Best watching "Ow! My Ballz!" and just plopped some of his winnings on Gox without any further clue.
If so he makes better use of his winnings than most (most spend it on trivialities)
May 05, 2013, 05:40:37 PM
My guess is it's some asshole country bumpkin who just won some lottery money and doesn't know any better. He heard about the Murican Bitcoin during a commercial while drunk off his Milwaukee's Best watching "Ow! My Ballz!" and just plopped some of his winnings on Gox without any further clue.
If so he makes better use of his winnings than most (most spend it on trivialities)
May 05, 2013, 05:39:38 PM
Have you guys consider for a split second that somebody might really want to sell those coins?
Yes, we're considering that somebody is willing to sell coins, and thus placing a fake bid wall to take the price up
Also, all this work pushing the price up, then he, according you guys' manipulation theories, is able to sell at higher price. I hate to burst your bubbles, but if removes the wall there is no market depth to execute his selling orders at whatever prices he has been trying to push to.
There are already $740k in front of his wall (from $110 to $114.6), that's a nice depth, enough to dump +BTC6,000 significantly higher than when the bid wall did not exist.. And there is another $1M sitting between the $110 wall to $105. That depth is built around the wall that creeped up from $100 to $110 after a crash to $80.
Also, if you have more money than what is necessary to manipulate a market, then you can only go for peanuts anyway. Market manipulations usually have strategic/political goals behind. Sinking a small player, build or destroy confidence on an niche, media access, etc. Manipulating to capitalize doesn't really work, if you are the biggest player then you are the most affected by your manipulation.
Making a 10% or 20% profit because of your successful manipulation is never peanuts, never. You set the trends and make smaller players to follow them. This happens in all the markets - in the bigger "real world" markets you have JP Morgan, Goldman Sachs and the likes - in BTC an individual can be a "market mover" at this stage.
May 05, 2013, 05:39:29 PM
4h EMAs just crossed on clarkmoody. I guess that means it's at least going up a little further, EMA bouncing off doesn't seem too likely.
May 05, 2013, 05:37:07 PM
The wall ain't going anywhere guys except for a buy market order.
I don't see what's so unreasonable about wanting to buy at what seems to be the current market price. Would putting 5k on 115, 5k on 110 and 5k on 105 seem less menacing? Can he really put 1k from 115 to 110 and that somehow would seem less scaring?
How exactly can this guy buy his coins except for out of the order books and even then you might not know how to buy them outside the order book.
He already sold 5k by the way. The wall was 21k on 100. It was taken off. The price went up through a market order to 118 from 108, then the reduced wall of 15 was put on 110.
This guy wants to buy coins. Sell him some.
I don't see what's so unreasonable about wanting to buy at what seems to be the current market price. Would putting 5k on 115, 5k on 110 and 5k on 105 seem less menacing? Can he really put 1k from 115 to 110 and that somehow would seem less scaring?
How exactly can this guy buy his coins except for out of the order books and even then you might not know how to buy them outside the order book.
He already sold 5k by the way. The wall was 21k on 100. It was taken off. The price went up through a market order to 118 from 108, then the reduced wall of 15 was put on 110.
This guy wants to buy coins. Sell him some.
May 05, 2013, 05:21:24 PM
My guess is it's some asshole country bumpkin who just won some lottery money and doesn't know any better. He heard about the Murican Bitcoin during a commercial while drunk off his Milwaukee's Best watching "Ow! My Ballz!" and just plopped some of his winnings on Gox without any further clue.
"Idiocracy" is probable the best forcast of our future ever made
I agree.
Country bumpkins... Or rather Ow! My Ballz! I suspect it will be entertaining for a number of folks round these parts.
May 05, 2013, 05:15:23 PM
My guess is it's some asshole country bumpkin who just won some lottery money and doesn't know any better. He heard about the Murican Bitcoin during a commercial while drunk off his Milwaukee's Best watching "Ow! My Ballz!" and just plopped some of his winnings on Gox without any further clue.
"Idiocracy" is probable the best forcast of our future ever made
May 05, 2013, 05:11:30 PM
My guess is it's some asshole country bumpkin who just won some lottery money and doesn't know any better. He heard about the Murican Bitcoin during a commercial while drunk off his Milwaukee's Best watching "Ow! My Ballz!" and just plopped some of his winnings on Gox without any further clue.
May 05, 2013, 05:10:48 PM
All this manipulation talk is getting boring/old.
Have you guys consider for a split second that somebody might really want to sell those coins?
I'm confused, if this is a manipulation attempt, then, when the manipulator places his selling order, will you guys also say it's a manipulation move? Or is it a legitimate sell?
Also, all this work pushing the price up, then he, according you guys' manipulation theories, is able to sell at higher price. I hate to burst your bubbles, but if removes the wall there is no market depth to execute his selling orders at whatever prices he has been trying to push to.
Also, if you have more money than what is necessary to manipulate a market, then you can only go for peanuts anyway. Market manipulations usually have strategic/political goals behind. Sinking a small player, build or destroy confidence on an niche, media access, etc. Manipulating to capitalize doesn't really work, if you are the biggest player then you are the most affected by your manipulation.
Just my 2 cents.
That wall will either be consumed (even after a couple of moves) or the money will be thrown directly at executable prices driving the market up. I think the chances of it being just removed followed by a price drop, are low.
Have you guys consider for a split second that somebody might really want to sell those coins?
I'm confused, if this is a manipulation attempt, then, when the manipulator places his selling order, will you guys also say it's a manipulation move? Or is it a legitimate sell?
Also, all this work pushing the price up, then he, according you guys' manipulation theories, is able to sell at higher price. I hate to burst your bubbles, but if removes the wall there is no market depth to execute his selling orders at whatever prices he has been trying to push to.
Also, if you have more money than what is necessary to manipulate a market, then you can only go for peanuts anyway. Market manipulations usually have strategic/political goals behind. Sinking a small player, build or destroy confidence on an niche, media access, etc. Manipulating to capitalize doesn't really work, if you are the biggest player then you are the most affected by your manipulation.
Just my 2 cents.
That wall will either be consumed (even after a couple of moves) or the money will be thrown directly at executable prices driving the market up. I think the chances of it being just removed followed by a price drop, are low.
Can someone who knows more than me please answer this? Zenmario provides the most logical argument for this wall I have read today.
i agree with zenmario. 'market manipulation' is usually just large players performing their best action given market conditions. it's just as 'fair' as smaller sums attempting similar tricks on smaller scales.
You just don't put a $2M wall on a market so tiny as BTC. If you are really interested in buying $2M of BTC, you buy OTC to secure an exchange rate in order to avoid huge fluctuation, or you simply trade smaller amounts at different price points. Otherwise you are a crazy fool who burns his money. You are really implying there is a guy that was hoping to buy $2M in BTC at $100, then he saw price go up and he placed his $2M a 10% higher, then tomorrow he will probably place it a 20% higher... No way. And these are no smaller guys acting, there is a $2M wall that appeared suddenly on the order book (blockchained) and that moved from $100 to $110 pushing the price up.
There is really no way that a guy suddenly received his $2M at Gox on a Sunday and decided to place it's hugenbid $5 below spot to see if it gets filled... And all of this after a major crash.
Zenmario: you are serious about saying that is unlikely that the wall gets removed if the price goes down? Man, huge walls vanish into thin air every day as price approaches them, and this happens both on the bid and the ask side. Just check what happened before the weekend, only wall that resisted was at $80, all the others weren't eaten, 80% of them just vanished
May 05, 2013, 05:09:35 PM
1% being MtGox.
1% will make profit, MtGox will make profit(maybe 10%), 99% will lose :-) May 05, 2013, 05:05:38 PM
1% being MtGox.
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