Yawn, why does everyone talk about buy walls like they are all genuine buys. The bids were going between 60 and 205 btc a few days ago including someone continually placing and removing a wall at 0.0007 for 75 btc. Does that mean anything in regards to the direction the price is going? Its been rinse and repeat for months. Buy walls go up price stagnates, walls get removed price crashes. I hope its "different this time" but I doubt it.
That overstates "walls are not real" idea (often true) a bit. Several of the big XMR buy walls have been eaten not pulled.
I agree over the last few months several walls have been eaten. However I disagree with that sentiment in regards to the last few weeks , after warz pulled his 0.0015 wall. Since then the order book has been jumping around massively with bids at prices that are never going to get hit just to make the bid depth look more inviting. People actually use that as a real trading indicator as can be seen by the poster I replied to and also several people in polo box. Im simply stating that its a terrible indicator and its boring to see people speak about it as a real speculative tool.