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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 591. (Read 1811613 times)

hero member
Activity: 1302
Merit: 502
Explained Bitcoin to a room full of people last night.

It went from "Why would you want them, who backs them, isn't this a ponzi?" To "Where can I buy some?" in under 15 minutes.

The year of Bitcoin is upon us!
legendary
Activity: 1754
Merit: 1007
looks at the wall at $68.9 its arround 15k btc.
Tell me why somebody dont sell this bitcoins now? its $500k
You guys must only TRUST in bitcoins. Thats all)
Sure, but if they were bought at >34 then selling them now would mean a loss. The Bitcoin community has grown quite a bit since last year and there's a lot of coins that were bought at current price levels.
It might take a while to see another 100% price increase but to think that we'll get there eventually is not too outlandish IMHO.
for daytrading this strategy not good) If i buy 15k btc for 34, i will be happy to sell this for 36 on the next day.
this situation tell me that we have soon next "all time high"
legendary
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
looks at the wall at $68.9 its arround 15k btc.
Tell me why somebody dont sell this bitcoins now? its $500k
You guys must only TRUST in bitcoins. Thats all)
Sure, but if they were bought at >34 then selling them now would mean a loss. The Bitcoin community has grown quite a bit since last year and there's a lot of coins that were bought at current price levels.
It might take a while to see another 100% price increase but to think that we'll get there eventually is not too outlandish IMHO.
legendary
Activity: 1754
Merit: 1007
looks at the wall at $68.9 its arround 15k btc.
Tell me why somebody dont sell this bitcoins now? its $500k
You guys must only TRUST in bitcoins. Thats all)
hero member
Activity: 784
Merit: 1000
now ask wall over 3k)))

ANd buy wall as well, now the drove is herded into this narrow space, one side must break as a result?
legendary
Activity: 1754
Merit: 1007
now ask wall over 3k)))
hero member
Activity: 784
Merit: 1000
no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

Bitcoin's going to DIE? Shit, sell everyone, SELL SELL SELL!
This is bears propaganda! You guys want cheap coins? Go to mtgox. You have last oportunity to buy under 35$ )))))))

No no, it should be "last chance to sell under $35!" Coz there ain't no chance you could sell it cheaper on Mt.Gox anymore! Saw that wall in Saturday?  Grin
sr. member
Activity: 280
Merit: 250
Low volume means most people are happy with their positions.

So where are all the newly enlightened users?
legendary
Activity: 1754
Merit: 1007
no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin
It's called consolidation! then next JUMP
legendary
Activity: 1754
Merit: 1007
no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

Bitcoin's going to DIE? Shit, sell everyone, SELL SELL SELL!
This is bears propaganda! You guys want cheap coins? Go to mtgox. You have last oportunity to buy under 35$ )))))))
legendary
Activity: 1106
Merit: 1001
no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin

Bitcoin's going to DIE? Shit, sell everyone, SELL SELL SELL!
hero member
Activity: 784
Merit: 1000
no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143

It's called stagnation, and that's how bitcoin is going to die. Nobody wants to buy, nobody wants to sell, GAME OVER! Grin
legendary
Activity: 1754
Merit: 1007
this is sunday

most of that volume was still saturday USA time

this is usually selling time, but noone wants to sell, hence low volume.
i am not sell to. My bet is: bitcoin will go  "UP" (100$ end of this year)
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
this is sunday

most of that volume was still saturday USA time

this is usually selling time, but noone wants to sell, hence low volume.
420
hero member
Activity: 756
Merit: 500
this is sunday

most of that volume was still saturday USA time
legendary
Activity: 1754
Merit: 1007
this is sunday
sr. member
Activity: 462
Merit: 250
420
hero member
Activity: 756
Merit: 500
no way........this is the volume?!?!?!

Last price:$34.26198 High:$34.37000 Low:$33.80000 Volume:10137 BTC Weighted Avg:$34.11143
420
hero member
Activity: 756
Merit: 500
No facts to back this up this is purely a guess on my part. I know I am going to hear a lot of shit about this post, but this is what my gut tells me. A hand full of people are pushing the market up slowly to make it more believable.

I too get the feeling that there are somewhat larger players also pushing the market up, not just down. Since currently the bulls are in the majority here, we're all paying way more attention to the ask walls. But there are constantly these 1000 sized support walls, below, which are moved up slowly. Whenever there is a market dip action, they get pulled away very quickly, just to reappear below once the ripples have ceased.

Now, this could be a group of people trying to push the market up, thereby competing with a group of bears.
But it could as well be someone trying to take some constant profit from the bounces. Placing walls above and below can be a comparatively risk-less short-time strategy, when not wanting to go either side exclusively. Just need to assure you pull the walls quickly whenever any kind of stronger market action arises. You could even plant the walls just as guide and place your real offers of smaller size in between.
(ok, there remains the risk that someone similarly capable just swallows one of your walls all at once)

that just sounds like general trading practices
hero member
Activity: 811
Merit: 1000
Web Developer
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