$20.89
at this rate we'll all be rich in no time
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 712. (Read 1811605 times)
at this rate we'll all be rich in no time
$20.79
Why the manipulation theories?
Occam's razor says it is someone who has acquired a lot of BTC and wants to to sell, for whatever reason, at $21.00
Occam's razor says it is someone who has acquired a lot of BTC and wants to to sell, for whatever reason, at $21.00
No, if he wants to sell he will just sell, instead of putting up walls, otherwise when the market is intimidated down he will miss the boat, and make less by selling at lower prices.
why it is so hard for some of you to believe he wants to sell is beyond me....
Why it is so hard for you to understand that a real trader sells to take profits, not to make his bearish cheerleaders happy, is beyond me.
Anyone who wants to talk people into buying/selling is free to take the lead, and disclose his transaction records.
Why the manipulation theories?
Occam's razor says it is someone who has acquired a lot of BTC and wants to to sell, for whatever reason, at $21.00
Occam's razor says it is someone who has acquired a lot of BTC and wants to to sell, for whatever reason, at $21.00
No, if he wants to sell he will just sell, instead of putting up walls, otherwise when the market is intimidated down he will miss the boat, and make less by selling at lower prices.
why it is so hard for some of you to believe he wants to sell is beyond me....
Why the manipulation theories?
Occam's razor says it is someone who has acquired a lot of BTC and wants to to sell, for whatever reason, at $21.00
Occam's razor says it is someone who has acquired a lot of BTC and wants to to sell, for whatever reason, at $21.00
No, if he wants to sell he will just sell, instead of putting up walls, otherwise when the market is intimidated down he will miss the boat, and make less by selling at lower prices.
20.85!
low volume upswing...temporary? or new trend
Last price:$20.80999 High:$20.81000 Low:$20.20000 Volume:28434 BTC Weighted Avg:$20.57915
Last price:$20.80999 High:$20.81000 Low:$20.20000 Volume:28434 BTC Weighted Avg:$20.57915
I think the bids and asks around the equilibrium, or a few hundred coins at either side, is most relevant. Offers further away, small or large amounts, are not so relevant.
It could be placed there so that everyone starts speculating that its probably a fake wall... cuz no way in hell would anyway want to make millions using bitcoin sell that much bitcoin.... and then they take it away so all the bulls can be like "See it was fake, guess now is a good time to buy!"
I would like to know how many BTC and USD, EUR, ... are at MtGox. Walls like that show that people really trust Gox enough to leave money there that they don't intend to trade (assuming he didn't send it there to show a wall and withdraw it immediately). The +-$2 range is not all there is lurking around in Gox market depth.
2,804,465 USD vs 101,696 BTC
http://bitcoincharts.com/markets/mtgoxUSD_depth.html
It's called a "glitch", for the believers its a magical occurrence which happens by random chance.
For everybody else it's just somebody messing around with computer systems.
It could be placed there so that everyone starts speculating that its probably a fake wall... cuz no way in hell would anyway want to make millions using bitcoin sell that much bitcoin.... and then they take it away so all the bulls can be like "See it was fake, guess now is a good time to buy!"
I would like to know how many BTC and USD, EUR, ... are at MtGox. Walls like that show that people really trust Gox enough to leave money there that they don't intend to trade (assuming he didn't send it there to show a wall and withdraw it immediately). The +-$2 range is not all there is lurking around in Gox market depth.
2,804,465 USD vs 101,696 BTC
http://bitcoincharts.com/markets/mtgoxUSD_depth.html
It could be placed there so that everyone starts speculating that its probably a fake wall... cuz no way in hell would anyway want to make millions using bitcoin sell that much bitcoin.... and then they take it away so all the bulls can be like "See it was fake, guess now is a good time to buy!"
I would like to know how many BTC and USD, EUR, ... are at MtGox. Walls like that show that people really trust Gox enough to leave money there that they don't intend to trade (assuming he didn't send it there to show a wall and withdraw it immediately). The +-$2 range is not all there is lurking around in Gox market depth.
It could be placed there so that everyone starts speculating that its probably a fake wall... cuz no way in hell would anyway want to make millions using bitcoin sell that much bitcoin.... and then they take it away so all the bulls can be like "See it was fake, guess now is a good time to buy!"
It could be an attempt to prevent a price rise while engaging in a very large transaction off exchange. I recall this sort of shenanigans with the pirate.... It spooks buyers because it implies a huge iceberg is out their lurking waiting to be struck.
To big player(s) -> Chicken, buck buck buck.
Early adopters might take a loss of some k$ if only they win their $100 bet. "I told you I can!"
To big player(s) -> Chicken, buck buck buck.
What the fuck is that wall guy trying to do?
there are 3 possible reasons for putting up this wall
1. to buy cheaper coins or cover shorts cheaper behind the downward pressure from the wall
2. to sell the coins at the wall price
3. to play and have fun as a big bitcoin trader with all the little other traders and fool around
>2. is rather unlikely as he could sell his coind better in small portions at a higher price
<1. and 3. are both more probable
what about 4. having some kind of bet that depends on exchange rate being <$21 to be won?
could also be it.. did you check on the betting sites?
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