Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Davyd05]

I wonder if this had anything to do with BFL.

think they* forced bfl to liquidate 30k at market? that can't be, auctions get better prices...

or do you just mean the panic behind them shutting down being used to a bearish endgame?

[JimboToronto]

So much volume, so much drama, so many posts, and yet.....

[chopstick]

So much volume, so much drama, so many posts, and yet.....

Average day for bitcoin.

[wachtwoord]

Buy walls are building up again on Stamp. 2.5k to $300 again. The market is normalizing again after the fireworks.

[ChartBuddy]

Explanation

[prophetx]

That buyback...

PeopleThe sheeple have no idea what they are doing.

there you go

[tarmi]

fresh fiat on stamp is impatient.

I like that.

[sbrzol]

https://bitcoinity.org/markets/list?currency=ALL
Total volume in selected timespan: 755,664 BTC

yesterday (22 hours) about 600,000 BTC volume from about  $320 to about $300
today (2 hours) about 50,000 BTC volume from $300 to $330

which one will be/was a trap ?

[Deadstock]

Finally some good news 

[mmitech]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

[prophetx]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

ah let them enjoy a few hours of happiness until they get shat on again, and feel like suckers

[anu]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

750000 Bitcoins have been bought and sold during the last 24 hours on exchanges alone and you are telling us that the market depth is only 15 K to near zero?

[fonzie]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

That 10Mio. that have been used yesterday to buy the wall never appeared in the orderbook , did they?  
We don´t know shit how much there really is.

Edit: Also loaded said that he got some fresh powder in.

[mmitech]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

750000 Bitcoins have been bought and sold during the last 24 hours on exchanges alone and you are telling us that the market depth is only 15 K to near zero?

I am not telling you that, Bitstamp orderbook is telling you that...

[ErisDiscordia]

https://blockchain.info/address/14fkop53QuyvYMFfuV6GhcQ44dtjoGeHnd

this is Bitstamp's cold storage address, they sent 5000 BTC to their hot wallet, seems someone want to withdraw that kind of BTC.

gives credence to the idea that that big wall got at least partly taken out by some bullish whale who wants to hodl those coins and thought it was a good slippage-free entry point.

I'm not a trader but I feel like a turning point has arrived.

[mmitech]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

That 10Mio. that have been used yesterday to buy the wall never appeared in the orderbook yesterday, did they? 
We don´t know shit how much there really is.

yes some of them did, people pulled their bids and bought right away into the wall, there is at least 8KBTC less in the Bid side.

[macsga]

Hmm... much volume, such drama...

Bitcoins sent last 24h   1,275,168 BTC ($420,254,928 USD) 9.56% market cap
Bitcoins sent avg. per hour (last 24h)   53,132 BTC ($17,510,622 USD)
Avg. transaction value (last 24h)   17.91 BTC ($5,903 USD)

source: http://bitinfocharts.com/bitcoin/

[anu]

Just to remind you perma-bulls, this picture doesn't look good.




There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380

750000 Bitcoins have been bought and sold during the last 24 hours on exchanges alone and you are telling us that the market depth is only 15 K to near zero?

I am not telling you that, Bitstamp orderbook is telling you that...

This is not an indicator for anything. This is:
https://bitcoinity.org/markets/list

[Davyd05]

and dumpage

[redjedievolution]

walls of 600btc eaten like lacasitos