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

[hdbuck]

dump and pump!

[justusranvier]

If this is what "non idiot traders/sellers" or "holders" look like, then what do idiot traders that he constantly whines about look like?

snipped

Hint: He hates himself.

Why do you quote ShroomsKit so much? Do you know whose sockpuppet he is?

[ChartBuddy]

Explanation

[Miz4r]

If this is what "non idiot traders/sellers" or "holders" look like, then what do idiot traders that he constantly whines about look like?

snipped

Hint: He hates himself.

Why do you quote ShroomsKit so much? Do you know whose sockpuppet he is?

Nobody's. He is just a frustrated kid who fails to understand how markets work. Maybe he will grow up one day, stranger things have happened.

[bad trader]

Can someone explain this to me: When the price is inching up slowly in what could be a reversal of a downtrend, but probably isn't, and someone drops a 500 bitcoin wall in front of the buyers at OKCoin, is it

• manipulation,
• incredibly stupid,
• a whale mating call,
• some kind of a test of market resolve, or
• the secret best way of selling 500 bitcoins?

[var53]

Can someone explain this to me: When the price is inching up slowly in what could be a reversal of a downtrend, but probably isn't, and someone drops a 500 bitcoin wall in front of the buyers at OKCoin, is it

• manipulation,
• incredibly stupid,
• a whale mating call,
• some kind of a test of market resolve, or
• the secret best way of selling 500 bitcoins?

It's probably either manipulation, or incredibly stupid. Perhaps the seller knows something we don't, or perhaps he's a retard.

[bad trader]

Can someone explain this to me: When the price is inching up slowly in what could be a reversal of a downtrend, but probably isn't, and someone drops a 500 bitcoin wall in front of the buyers at OKCoin, is it

• manipulation,
• incredibly stupid,
• a whale mating call,
• some kind of a test of market resolve, or
• the secret best way of selling 500 bitcoins?

It's probably either manipulation, or incredibly stupid. Perhaps the seller knows something we don't, or perhaps he's a retard.

So, now there is two walls. How does that work?

Could be a trick to push the price up, I suppose.

[Feri22]

Fuck...since January, anytime i buy the price goes down...i am hodling for over 18 months now, i hope the patience will be rewarded for us all

[SnokkomBTC]

Fuck...since January, anytime i buy the price goes down...i am hodling for over 18 months now, i hope the patience will be rewarded for us all

same position as you

[var53]

Can someone explain this to me: When the price is inching up slowly in what could be a reversal of a downtrend, but probably isn't, and someone drops a 500 bitcoin wall in front of the buyers at OKCoin, is it

• manipulation,
• incredibly stupid,
• a whale mating call,
• some kind of a test of market resolve, or
• the secret best way of selling 500 bitcoins?

It's probably either manipulation, or incredibly stupid. Perhaps the seller knows something we don't, or perhaps he's a retard.

So, now there is two walls. How does that work?

Could be a trick to push the price up, I suppose.

It beats me. Perhaps someone incredibly clever is playing an incredibly clever trick on the market.

[DeadCoin]

Fuck...since January, anytime i buy the price goes down...i am hodling for over 18 months now, i hope the patience will be rewarded for us all

So basically you're hoping new suckers join, so you can profit at their expense?

[podyx]

Wow, going down again?? Is this a joke...

[Feri22]

Fuck...since January, anytime i buy the price goes down...i am hodling for over 18 months now, i hope the patience will be rewarded for us all

So you're hoping new suckers join, so you can profit at their expense?

No, i don't plan to sell BTC, just hold it few more years and then spend by shops where they do the same as me only...What you are talking about - ponzi scheme - central bank or somebody important released new report few days ago, that BTC is not ponzi scheme...And if BTC will succeed, there will be no suckers, only the ones who will sell at loss...And to be honest, i don't care about people investing more than they can afford to lose and then sell with loss even when in the big picture the bitcoin is in huge uptrend since 2009...if they don't have faith or want to get rich quick, they should not invest in BTC

[bad trader]

Can someone explain this to me: When the price is inching up slowly in what could be a reversal of a downtrend, but probably isn't, and someone drops a 500 bitcoin wall in front of the buyers at OKCoin, is it

• manipulation,
• incredibly stupid,
• a whale mating call,
• some kind of a test of market resolve, or
• the secret best way of selling 500 bitcoins?

It's probably either manipulation, or incredibly stupid. Perhaps the seller knows something we don't, or perhaps he's a retard.

So, now there is two walls. How does that work?

Could be a trick to push the price up, I suppose.

It beats me. Perhaps someone incredibly clever is playing an incredibly clever trick on the market.

Probably the whale who did it managed to sell a few coins fairly high by playing with his walls or something.

[coinmaster222]

Price movement may be related to the Feds flogging thousands today.Well think its today

[ChartBuddy]

Explanation

[DeadCoin]

Fuck...since January, anytime i buy the price goes down...i am hodling for over 18 months now, i hope the patience will be rewarded for us all

So you're hoping new suckers join, so you can profit at their expense?

No, i don't plan to sell BTC, just hold it few more years and then spend by shops where they do the same as me only...What you are talking about - ponzi scheme - central bank or somebody important released new report few days ago, that BTC is not ponzi scheme...And if BTC will succeed, there will be no suckers, only the ones who will sell at loss...And to be honest, i don't care about people investing more than they can afford to lose and then sell with loss even when in the big picture the bitcoin is in huge uptrend since 2009...if they don't have faith or want to get rich quick, they should not invest in BTC

Even if you intend to spend them, you hope their purchasing power will be greater than fiat's you invested in it. So, then again, you hope newcomers will increase your purchasing power (=you profit at their expense)

[var53]

Price movement may be related to the Feds flogging thousands today.Well think its today

Which coins? I know they are auctioning off 50000 silk road bitcoins in early December. Do you mean those coins, or are they selling other coins that I had not heard about sooner?

[soullyG]

Price movement may be related to the Feds flogging thousands today.Well think its today

They are being sold on the 4th of December - bidding registration opened on the 17th and closes a few days before the sale itself. More details here:

http://www.usmarshals.gov/assets/2014/dpr-bitcoins/

[Feri22]

Fuck...since January, anytime i buy the price goes down...i am hodling for over 18 months now, i hope the patience will be rewarded for us all

So you're hoping new suckers join, so you can profit at their expense?

No, i don't plan to sell BTC, just hold it few more years and then spend by shops where they do the same as me only...What you are talking about - ponzi scheme - central bank or somebody important released new report few days ago, that BTC is not ponzi scheme...And if BTC will succeed, there will be no suckers, only the ones who will sell at loss...And to be honest, i don't care about people investing more than they can afford to lose and then sell with loss even when in the big picture the bitcoin is in huge uptrend since 2009...if they don't have faith or want to get rich quick, they should not invest in BTC

Even if you intend to spend them, you hope their purchasing power will be greater than fiat's you invested in it. So, then again, you hope newcomers will increase your purchasing power (=you profit at their expense)

I think it is the reward for investing in the times like this, when there is blood in streets, when nobody really knows what happen with BTC. I take big risk and even when i accept the risk, i invest in BTC almost 90% of my monthly earningy. Do you think i should not be rewarded for that? It is the same as apple and other company shares years ago, if you hate early adopters of BTC getting more purchasing value by newcomers, you should hate all the successfull investors in world in all the assets and commodities