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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 507. (Read 1811610 times)

legendary
Activity: 1708
Merit: 1020
New 15 day version of the depth chart on blockchained.com:


(updated every 18mins or so)
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Remember back in June 2012 when it looked like it got stuck at $7 resistance?  Well, we broke through that time and 30k BTC of walls got bought up.  Wink
legendary
Activity: 2097
Merit: 1070
The graphs do look suspiciously like the $5 rate did just prior to the big crash way back then.

The graphs remind me of XAG/USD in 2010-2011, he way it suddenly started rising in a straight line (on the semi log chart). Even the numbers match: It went to *almost* 50 and then crashed down into the 30's (thats where the huge 1Million bid is sitting). Same type of Market forces at work?

You never know, I've put an order in just in case  Grin
hero member
Activity: 938
Merit: 500
https://youengine.io/
The graphs do look suspiciously like the $5 rate did just prior to the big crash way back then.

The graphs remind me of XAG/USD in 2010-2011, the way it suddenly started rising in a straight line for a few months (straight line on the semi log chart). Even the numbers match: It went to *almost* 50 and then crashed down into the 30's and stayed there (thats where the huge 1Million bid is sitting). Same type of Market forces at work?

Edit: and it crashed on a Friday if I remember correctly (I even mentioned this possibility on one of these not-so-serious trading forums a few hours(!) before it happened, then shorted silver, called Tyler Durden from ZH an idiot, switched off my PC and the next day I looked at the chart it was crashed (the price, not my PC).
legendary
Activity: 1106
Merit: 1001
Well whatever happens I hope it happens soon as this is getting tedious.

The graphs do look suspiciously like the $5 rate did just prior to the big crash way back then.


Bitcoin junkie, you are  Cheesy
legendary
Activity: 2097
Merit: 1070
Well whatever happens I hope it happens soon as this is getting tedious.

The graphs do look suspiciously like the $5 rate did just prior to the big crash way back then.
hero member
Activity: 938
Merit: 500
https://youengine.io/
This is too extreme, last week it was below 5 Million, yesterday it was 7.5 now its 8.2. (and the ratio was 50 last week, now its over 75) This is rising too fast! Something extreme is about to happen. Has anybody noticed where these dollars are added? Are they spread evenly across the book or do they accumulate at a certain level?

donator
Activity: 1722
Merit: 1036
sr. member
Activity: 374
Merit: 250
Tune in to Neocash Radio
Is $47 the new $5.   Shocked
legendary
Activity: 1246
Merit: 1010
No one speculating about lil wayne's order at 30?

Ok I'll bite.  Its too big to imagine a trader just fired and forgot.  So its purpose is to communicate to the sellers... it is saying at a minimum "look, there's a whale on the buy side".  What's the purpose of that?  Well, if it was located at around 40 or above, I would imagine that its purpose would be to threaten any fake sell-side walls: "If you are not careful, I might just snap up your sell wall!"  But so far off the money, at 30, I'm thinking it is trying to pull a serious whale seller lower... it is saying "I am here to buy your ask, just not at today's price".

full member
Activity: 210
Merit: 100
Ugh, I'm utterly bored by this lack of price action. Move on up already! It's been like, THREE friggin days since the latest crash and recovery!  Grin
sr. member
Activity: 252
Merit: 250
No one speculating about lil wayne's order at 30?

he is already in, this little one is just there to support his position  Grin
hero member
Activity: 763
Merit: 500
Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.
OH BOY. LOOK AT DAT WEDGE. DAT WEEEEDGE!!!!
hero member
Activity: 728
Merit: 500


No one speculating about lil wayne's order at 30?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.

Thanks, Proudhon, I was getting the tiniest bit worried  Grin

The rally is back on boys!

but wait.... I'm still bullish!  Cheesy

Edit: honestly tho i think a down trend will be happening, we will be testing the support at 32...
hero member
Activity: 518
Merit: 500
Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.

Thanks, Proudhon, I was getting the tiniest bit worried  Grin

The rally is back on boys!
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.

If you flip your bear coin enough times you will eventually call it right. Seems like a lot of good news to top a massive rally only to languish sub 50.
legendary
Activity: 1106
Merit: 1001
Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.

Thanks, Proudhon, I was getting the tiniest bit worried  Grin
legendary
Activity: 2198
Merit: 1311
Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.
legendary
Activity: 2097
Merit: 1070
I'm out for now, too many high walls and way too much manipulation keeping the price within a small range. The big wall appeared to move down by $1 as well which I don't like.
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