This ask wall pleases me.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1178. (Read 1811709 times)
I saw the dump just now. Seems the market held well. 
Oh I see. Well Putting a big sell order up like that discourages me from buying, because it will take a lot of "work" to tear down the wall. Which means following the path of least resistance is downwards a bit. But then again from what I've seen the past two weeks walls can come and go and I even saw a buy wall get sold into so what do I know.
Surely it's nicer to buy knowing you'll be able to buy at a definite price into that wall? Would you rather buy without the wall and as you buy see the price continue to go up so you end up buying some of your coins at a higher price?
That depends on the volume you are looking to trade.
This ask wall pleases me.
Oh I see. Well Putting a big sell order up like that discourages me from buying, because it will take a lot of "work" to tear down the wall. Which means following the path of least resistance is downwards a bit. But then again from what I've seen the past two weeks walls can come and go and I even saw a buy wall get sold into so what do I know.
Surely it's nicer to buy knowing you'll be able to buy at a definite price into that wall? Would you rather buy without the wall and as you buy see the price continue to go up so you end up buying some of your coins at a higher price?
The ask wall is there to scare people into selling so the manipulator can accumulate before breaking $7.2. We're in an upward channel in a strong trend.
There is no manipulator. The ask wall is there because its owner is hoping to sell 20k+ bitcoins at that price.
How could I tell if its someone attempting to manipulate the market, or just selling their btc? You seem very knowledgeable and I'm looking to learn.
the wall gets tested with a few hunders coins
if it holds then ya... someone really does want to sell and its not a "fake wall"
but i think even the "fake walls" are real, they just got scared and pulled out, trying to get a better price
after you've looked at and traded on the market, you'll start see that... believe it or not the bids and asks are people trying to buy or sell.
and all my experience tells me 1 of 2 things will happen now
the wall gets bought and we keep going up
OR
the books are flipped and we start going down
if you see more asks pill up...
Oh I see. Well Putting a big sell order up like that discourages me from buying, because it will take a lot of "work" to tear down the wall. Which means following the path of least resistance is downwards a bit. But then again from what I've seen the past two weeks walls can come and go and I even saw a buy wall get sold into so what do I know.
it would seem that volume is going up along with price
to me this screams legit correction and not manipulation.
i think we are very close too but haven't found the top, and the bottom is a hell of alot closer then most think
stabilize at 6 point crazy for a while, and then move up and over 8, and then a slow and steady drop to 6 dot ridiculous
my money is waiting for 6 dot ridiculous
The ask wall is there to scare people into selling so the manipulator can accumulate before breaking $7.2. We're in an upward channel in a strong trend.
There is no manipulator. The ask wall is there because its owner is hoping to sell 20k+ bitcoins at that price.
How could I tell if its someone attempting to manipulate the market, or just selling their btc? You seem very knowledgeable and I'm looking to learn.
the wall gets tested with a few hunders coins
if it holds then ya... someone really does want to sell and its not a "fake wall"
but i think even the "fake walls" are real, they just got scared and pulled out, trying to get a better price
after you've looked at and traded on the market, you'll start see that... believe it or not the bids and asks are people trying to buy or sell.
and all my experience tells me 1 of 2 things will happen now
the wall gets bought and we keep going up
OR
the books are flipped and we start going down
if you see more asks pill up...
The ask wall is there to scare people into selling so the manipulator can accumulate before breaking $7.2. We're in an upward channel in a strong trend.
There is no manipulator. The ask wall is there because its owner is hoping to sell 20k+ bitcoins at that price.
How could I tell if its someone attempting to manipulate the market, or just selling their btc? You seem very knowledgeable and I'm looking to learn.
The ask wall is there to scare people into selling so the manipulator can accumulate before breaking $7.2. We're in an upward channel in a strong trend.
There is no manipulator. The ask wall is there because its owner is hoping to sell 20k+ bitcoins at that price.
@$6.75 wall - not surprised one bit
will be fun to watch what happens next
will be fun to watch what happens next
how to you get to see from 2$ to 12$?
That's not GoxLive, It's BTCcharts.
i didn't like BTCcharts because i found it was to zoomed in
how to you get to see from 2$ to 12$?
That's not GoxLive, It's BTCcharts.
The ask wall is there to scare people into selling so the manipulator can accumulate before breaking $7.2. We're in an upward channel in a strong trend.
I'm sure there's more where that came from. This have been too positive lately. I wouldn't even be surprised to see the order book flip around.
agreed. i love rising bitcoin price, but too quickly and too much means it scares people and makes things unstable.
I'm sure there's more where that came from. This have been too positive lately. I wouldn't even be surprised to see the order book flip around.
Should we call in PinkFloyd to help? 21k who the fuc... did this!!!! Stained coins perhaps? Leave the kids alone...
21K at 6.75, now that's a wall to make someone proud
how to you get to see from 2$ to 12$?
move mouse to bottom area of the chart and then hold down the left mouse button then slide from right to left.
how to you get to see from 2$ to 12$?
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