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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26915694 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Dalmar
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April 17, 2014, 06:38:28 PM

Wait what?? lol
Wasn't 3rd party deposits banned??

They are laying the groundwork for the next round of fud.
Barney
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April 17, 2014, 06:41:53 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en
Wait what?? lol
Wasn't 3rd party deposits banned??


Tomorrow news: china bans 3d party deposits on Huobi => BTC drops
p0peji
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April 17, 2014, 06:44:52 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en
Wait what?? lol
Wasn't 3rd party deposits banned??


Tomorrow news: china bans 3d party deposits on Huobi => BTC drops

That would be something, but could easily become reality.
derpinheimer
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April 17, 2014, 06:49:57 PM

This is just manipulation with price, you can check at http://bitcoinity.org/markets,
Huobi and Bitstamp, for 5 days purchased over 500k bitcoins,
It is so funny, 500k bitcoins for 4 days, and after that for next 4 days purchased less of 10k bitcoins.

It is BIG manipulation with prices, Just check and compare volume and time, it not real.

This is nonsense. Total volume is about 520kBTC for 9th thru 13th, and 650kBTC for 14th thru 17th from Bitstamp and Huobi.

So you failed miserably at FUDDing. 4 day volume of rising prices > 5 day volume of decreasing value.

And of course, this is only volume. Your made up buy metric is total BS, since no one could possibly find that without watching every single trade unfold... and even then, it wouldnt really be anything but the net of market buys - market sells.
Walsoraj
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April 17, 2014, 06:51:14 PM

I expect these exchange CEOs will eventually be arrested for repeatedly attempting to evade regulations.
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April 17, 2014, 06:55:51 PM


Pretty boring.. I was in need of a rally to see and for now ... charts are pretty boring from ~5h ...

Meh... what to do. Just wait and watch what will happen later on Smiley
ChartBuddy
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April 17, 2014, 07:00:18 PM


Explanation
ShroomsKit
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April 17, 2014, 07:01:36 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en

Oh come on!
JorgeStolfi
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April 17, 2014, 07:05:28 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en
Wait what?? lol
Wasn't 3rd party deposits banned??


See my previous posts, this apparently was the cause of the short-lived bump at 04-17 05:12 UTC. 

I belive that these "TOP-UP" cards are not the same thing as "3rd party payment processors depositing directly into Huobi's  bank account".  There seens to be a "4th party" involved, a card-issuing company.  The card company receives the money from Huobi clients via bank wire transfers or the 3rd party payment company, "recharges" the clients' cards, and then the cards can be used somehow to deposit money into the clients' internal Huobi accounts .  Thay is what I fantasized understood from Google Translate's output.

I wonder if the PBoC will be happy with that solution, but I would guess that they did not ask the PBoC beforehand...
roslinpl
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April 17, 2014, 07:07:33 PM
Last edit: April 17, 2014, 07:21:23 PM by roslinpl


Boring ... A little drop ... we still cannot reach ~>$500 today ...

Predictions for next hour : $501
mmitech
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April 17, 2014, 07:09:14 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en

that's funny, Chinese love manipulation..... it is about time that PBOC release a new statement to clear all the FUD and explain once again and clearly their position about Bitcoin and give a strict guidance to prevent manipulation...
keithers
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April 17, 2014, 07:09:20 PM


Since when did you start spreading bs talk? Have you been shorting on the last rally, butthurt right now?

Jesus.

It looks like sarcasm to me...
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April 17, 2014, 07:11:09 PM

Yesterday I remarked that the net sum of the BFX, BTC-e, and Bitstamp walls was bearish.  Bitcoin fell 4-5%.

Currently Bitstamp - bullish
BFX - neutral - maybe a tiny bit bearish
BTC-e - bullish in the short-range, bearish in the longer range

Overall slightly bullish. Probably trend reversal incoming, but it won't necessarily last that long (eg. bounce to 510-520).

Note: I'm a total amateur.  Really I'd like to hear what other people think about the walls. They're aren't entirely fake =)
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April 17, 2014, 07:12:51 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en

that's funny, Chinese love manipulation..... it is about time that PBOC release a new statement to clear all the FUD and explain once again and clearly their position about Bitcoin and give a strict guidance to prevent manipulation...

I'm not into conspiracies but i have a feel certain people are making too much money to stop this right now. It's so unbelievable easy to manipulate the sheep. These people must be laughing their asses off.
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April 17, 2014, 07:17:01 PM

Yesterday I remarked that the net sum of the BFX, BTC-e, and Bitstamp walls was bearish.  Bitcoin fell 4-5%.

Currently Bitstamp - bullish
BFX - neutral - maybe a tiny bit bearish
BTC-e - bullish in the short-range, bearish in the longer range

Overall slightly bullish. Probably trend reversal incoming, but it won't necessarily last that long (eg. bounce to 510-520).

Note: I'm a total amateur.  Really I'd like to hear what other people think about the walls. They're aren't entirely fake =)


https://i.imgur.com/YkfLRbB.png
Explain?

I love not being able to see my own images on this site..
JorgeStolfi
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April 17, 2014, 07:18:11 PM

I expect these exchange CEOs will eventually be arrested for repeatedly attempting to evade regulations.
I do not think that it will get that far, but they may get discretely "invited" to a friendly but frank talk with some government official who will further clarify the "clarification" that apparently wasn't sufficiently clarifyiing to them. And the the guy will not be from the PBoC.
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April 17, 2014, 07:20:47 PM

Bid/Ask sums on stamp becoming very bearish again after a short peak.

Im guessing if we dont see $550 soon we go back down.  (Still HODLING since $390)
The orderbooks are so thin that it doesn't take much to do this at all. Subtract 2K from the buy side and add 3K to the sell side.  Remember mtgox with the 200KBTC orderbooks where these types of amounts of btc were just irrelevant noise?
derpinheimer
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April 17, 2014, 07:25:00 PM

Bid/Ask sums on stamp becoming very bearish again after a short peak.

Im guessing if we dont see $550 soon we go back down. (Still HODLING since $390)
The orderbooks are so thin that it doesn't take much to do this at all. Subtract 2K from the buy side and add 3K to the sell side.  Remember mtgox with the 200KBTC orderbooks where these types of amounts of btc were just irrelevant noise?

True, but bitstamp still has (by far) the biggest orderbook of any exchange right now.

And mtgox dwindled a lot towards its death, but that was mostly because of the price rising so much.


[Looks like a bid sum peaking around $70mil USD and an ask sum peaking at 30,000BTC in November 2013.
ChartBuddy
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April 17, 2014, 08:00:17 PM


Explanation
niothor
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April 17, 2014, 08:12:02 PM

Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en

that's funny, Chinese love manipulation..... it is about time that PBOC release a new statement to clear all the FUD and explain once again and clearly their position about Bitcoin and give a strict guidance to prevent manipulation...

Glad you said new , because they have already issued this statement three times or more but seems like people just don't want to listen
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