Topic: Wall Observer - MtGoxUSD wall movement tracker - page 717. (Read 1811605 times)
What's wrong with Clark Moody? Why does that wall persist there? Anyone seeing the same?
Holy crap dude...put something in your sig to indicate your nearly unbroken streak of incorrect calls.
Haha, yes. Being wrong so consistently is amazing, and you should certainly wear that badge of honor.
And Satoshi said to Adam: don't eat that apple from lucif, or your become a bear!
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
haha; his own thread
And Satoshi said to Adam: don't eat that apple from lucif, or your become a bear!
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
Just rounded my 666'th post which, with all due respect, should have been a comment in your analyst thread. However there were no satanic posts at the time to interfer with.
And Satoshi said to Adam: don't eat that apple from lucif, or your become a bear!
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
Congratulations Adam
And Satoshi said to Adam: don't eat that apple from lucif, or your become a bear!
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
But Adam couldn't avoid such temptation
He ate the bearish apple and was expelled from Wall Observer thread
Bitcoin fall. Genesis. Chapter 1.
Last chance to sell above 20 
Holy crap dude...put something in your sig to indicate your nearly unbroken streak of incorrect calls.
If you're following your own advice you must eat a whole lot of ramen noodles.
The wall is gone after the last sell off to 19.90. I had considered selling a bit if it fell to that range to buy back cheaper, but highly suspected this would happen. It just felt like all those bids were the Wallmaker's bids. Seems so, haha.
I'm still amazed this tactic works.
Last chance to sell above 20
The wall is gone after the last sell off to 19.90. I had considered selling a bit if it fell to that range to buy back cheaper, but highly suspected this would happen. It just felt like all those bids were the Wallmaker's bids. Seems so, haha.
boom, back over $20
300 Avalon Asic x BTC75 = wall
In other words: If the buyers aren't willing to chew that wall, it's not worth buying an Avalon.
Quote
Even with the very healthy bid side, dumping such an amount of coins would still yield a significant spread. Part of the game is also to sell higher than everybody else does, which doesn't necessarily mean that they gonna buy back. Creating a wall is one of the easiest ways to archive that.
A wall that big simply encourages people to build in asks right in front of it.... someone with that many bitcoins should either hire a broker to do the selling for them, or at least have some means of monitoring it at regular intervals.... so then something like 500 BTC "walls" makes a lot more sense. It also gives you the opportunity to sell the remainder at even higher prices... if someone is going to buy your whole chunk of 12000 or whatever it is at $21, then you probably missed out on some even greater potential profits.(ed: there's also the whole 0.01 sell going on, to make the price look artificially lower)
of course, all this could have a good purpose if there's some way to short sell bitcoins that i'm unaware of
You have to abandon the belief that everything is either market manipulation or legitimate trade. There is no hard distinction between the two, especially at high levels.
It's all part of the strategy to beat the market. Of course the walls move the price, but they do no always push the price.
One way to think of this is as a strategy to exploit the pump & dumpers who buy at any price. If the price moves down too much the wall will miraculously disappear or shrink, you'll see
Why are your hands still up?
Quote
Even with the very healthy bid side, dumping such an amount of coins would still yield a significant spread. Part of the game is also to sell higher than everybody else does, which doesn't necessarily mean that they gonna buy back. Creating a wall is one of the easiest ways to archive that.
A wall that big simply encourages people to build in asks right in front of it.... someone with that many bitcoins should either hire a broker to do the selling for them, or at least have some means of monitoring it at regular intervals.... so then something like 500 BTC "walls" makes a lot more sense. It also gives you the opportunity to sell the remainder at even higher prices... if someone is going to buy your whole chunk of 12000 or whatever it is at $21, then you probably missed out on some even greater potential profits.(ed: there's also the whole 0.01 sell going on, to make the price look artificially lower)
of course, all this could have a good purpose if there's some way to short sell bitcoins that i'm unaware of
You have to abandon the belief that everything is either market manipulation or legitimate trade. There is no hard distinction between the two, especially at high levels.
It's all part of the strategy to beat the market. Of course the walls move the price, but they do no always push the price.
One way to think of this is as a strategy to exploit the pump & dumpers who buy at any price. If the price moves down too much the wall will miraculously disappear or shrink, you'll see
bitcoincharts.com down -> many bots disabled?
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