Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 838. (Read 1811605 times)

legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
bulls dont claim victory until you are above 15.4 Grin Grin
legendary
Activity: 1764
Merit: 1002

where's lucif and his motley crew?

There were quiet a few who were quiet adamant that BTC should be in the single digits and being over $10 was abnormal and things would go back below to stay for a good length of time. Sure there is a possibility of that but my money is on BTC being worth much more than it is today and without the scammers etc of last year it would be way higher now.

i agree. quite a few have become quiet.
legendary
Activity: 1246
Merit: 1010
Hm. So someone buying most of the 14 wall all in one shot. That does not seem very organic in the way of growth.
It seems like someone wants to break that barrier to start a false bull run?

I'm not sure if I'd call it "false".

It makes sense that on both the bid and ask side when you have a surmountable wall close to the money and then a flat region a large player who has been sitting will grab it and then push the price through the flat.  The end result is the buyer/seller gets his trade with very little average slippage but simultaneously is able to raise or drop the price significantly.  

Like today, someone just bought out 13.99 to 14.10 for an average price of say 14.01 and is already seeing prices stabilizing at 14.08.  

Let's say he had bought hours ago, so spent the extra on the low side of the wall.  Then you might imagine he buys from 13.9x to 14.00 but his average price would be 13.99x with the market price left at 14.00, but likely to retrace leaving the buyer starting off the block with a loss.

vip
Activity: 756
Merit: 503
sr. member
Activity: 252
Merit: 250
Hm. So someone buying most of the 14 wall all in one shot. That does not seem very organic in the way of growth.
It seems like someone wants to break that barrier to start a false bull run?

Why not? If you like the risk because you think this bull run continues for another week or so... Just lose all your grey hairs and almost heart attack while waiting for the right moment to sell. Grin

I guess I would buy a 4000K wall if I had 12000K of btc to sell once it hits 14.50 and I create enough demand above 13.75
to soak it all up. This assumes the 12000K btc I also want to sell was bought around 12-13...

So to see a large player try to manipulate things usually means they have a reason to?

Yes, I think there are richmans trying to do this. But I mean it can also be a single enthusiast with enough money to suck up 4-5k BTC with the hope to sell 1$+ above. I am not sure what you mean with reason. Isn't it always profit and greed or at least spirit of adventure when buying in such a situation? I personally think we'll actually have the chance to break last years high.
member
Activity: 89
Merit: 13

where's lucif and his motley crew?

There were quiet a few who were quiet adamant that BTC should be in the single digits and being over $10 was abnormal and things would go back below to stay for a good length of time. Sure there is a possibility of that but my money is on BTC being worth much more than it is today and without the scammers etc of last year it would be way higher now.
legendary
Activity: 1764
Merit: 1002
Where's the single digit crew now?

where's lucif and his motley crew?
member
Activity: 89
Merit: 13
Where's the single digit crew now?
sr. member
Activity: 294
Merit: 250


Yeah!!
legendary
Activity: 2072
Merit: 1001
Hm. So someone buying most of the 14 wall all in one shot. That does not seem very organic in the way of growth.
It seems like someone wants to break that barrier to start a false bull run?

Why not? If you like the risk because you think this bull run continues for another week or so... Just lose all your grey hairs and almost heart attack while waiting for the right moment to sell. Grin

I guess I would buy a 4000K wall if I had 12000K of btc to sell once it hits 14.50 and I create enough demand above 13.75
to soak it all up. This assumes the 12000K btc I also want to sell was bought around 12-13...

So to see a large player try to manipulate things usually means they have a reason to?
sr. member
Activity: 252
Merit: 250
Hm. So someone buying most of the 14 wall all in one shot. That does not seem very organic in the way of growth.
It seems like someone wants to break that barrier to start a false bull run?

Why not? If you like the risk because you think this bull run continues for another week or so... Just lose all your grey hairs and almost heart attack while waiting for the right moment to sell. Grin
hero member
Activity: 1302
Merit: 502
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
Where the fuck are the SECRET ROCKET PICS?

vip
Activity: 756
Merit: 503
legendary
Activity: 2072
Merit: 1001
Hm. So someone buying most of the 14 wall all in one shot. That does not seem very organic in the way of growth.
It seems like someone wants to break that barrier to start a false bull run?
sr. member
Activity: 252
Merit: 250
Gosh, try to buy Bitcoins with EUR, XDDDDDD

hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
Kaboom!

hero member
Activity: 1302
Merit: 502
Where the fuck are the SECRET ROCKET PICS?
legendary
Activity: 2072
Merit: 1001
I told you when I sell expect a pop. I am an oracle.
sr. member
Activity: 252
Merit: 250
If $14 falls will we see 15?



looks like an avalanche erupting soon ...

Avalanches don't erupt. Volcanoes do. lol

Avalanche's gunna change... just wait.

Ok this avalanche just told Newton that gravitation is a farce. And yes it can create an eruption in my pants.^^
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