All posts made by derpinheimer in Bitcointalk.org's Wall Observer thread
1.
Post 2549800 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Can we put up some more insane walls? Because no matter what happens we need to make sure Bitcoin won't go up and make us money. That would just be bad!
Well its your lucky day, someone put
BTC2500 worth of bids on 108
Also hi I'm new here
By the way, a new buying wall has been appeared.
2600 BTC @ $108
Looks like 1 entity has 2500 of it.
100.9000 @ 108.51010
900.1172 @ 108.5000
500.0000 @ 108.01000
1000.0000@ 108.000
The fact that there were no buys to go alongside this and his half assed attempt to make it look like competing parties [?] makes it seem pretty fake. But he sure lacks anything in front of him to absorb a sell, so who knows.
2.
Post 2550163 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
I noticed that too, which sucks, because I really like to see whats going on with the depth.
Also, new wall on $106 just came up. Pretty sure its the wall that was on $108 [2000 of the 2500 was pulled]
Now 2000 on $106.
3.
Post 2550531 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
I noticed that too, which sucks, because I really like to see whats going on with the depth.
Also, new wall on $106 just came up. Pretty sure its the wall that was on $108 [2000 of the 2500 was pulled]
Now 2000 on $106.
I know i'm good on the fiat side if there's moving walls on tha bid side..
I dunno, bitstamp is starting to look a lot better [although thats because ~1200 of wall was pulled, 1k on 108 and another couple hundred in front of it..]
Im surprised with all the people trying to snag a deal on bitstamp that the price is staying right around $100.
Just yesterday it was like
BTC20 to get under 90, and before that something like
BTC2000 to break thru both 100 AND 90. Now theres over
BTC2000 on 90 alone.
4.
Post 2550769 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Yeah, more simply stated, "We're switching from using MtGox last price to Bitstamp highest bid"
Im sure this is nothing more than them worrying the panic sells on Bitstamp may represent the true price and didnt want to lose 10-20% at the worst of it.
5.
Post 2550858 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
I think I just wasnt clear enough -- I think it is the price disparity scaring them [which was more or less caused by panic sells]
At 101 vs 109 we're only at an 8% spread now
At the peak yesterday, it was 90 vs 111! Why would they want people to be able to spend their bitcoins at a value of $111 when they might only be able to get $90 for them?
6.
Post 2554466 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
106 wall just pulled out... [2k]
I dont think this is a manipulator.. just a really scared investor. Maybe he will move it to 104 now lol
Also, coins needing to be sold to go thru 100 has been reduced from 27k to 19k today...
Definitely wasnt 6k of sells... or was there?
7.
Post 2554732 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Aaaaand 1400 1700 appears on 108. Now that smells of manipulation, considering 107 is a whopping 10 coins away.
It looks like this is Mr. 2500 wall on 108 before. 500 was sold into at 108.01 hours ago, and then he moved the rest to 106. Now He left 300 on 106 [?] and moved the rest to 108... again? Very illogical.
Oh, while typing this.. it just got eaten. Mr 108 wall, you will be missed. Time for a dive?
8.
Post 2555078 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
How many more days until 180? Its gonna be like a 20%/day at this point, yeah?
9.
Post 2567460 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
100$ coins soon
i'm going place some bids
Butbutbut theres 2K worth of new bids on the way thru $100! Thats like... impossible to sell thru!
Seriously, I'll never understand the mentality of buying into the middle of a downtrend. Unless theres a Wallzilla, it always manages to pull back at least once...
10.
Post 2567675 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
i will close today session under $100
Please do it now, I really need some coins.
11.
Post 2567713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Why? He's hilarious. Its like a better version of proudhon.
12.
Post 2567830 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Why? He's hilarious. Its like a better version of proudhon.
Mmmm??
i will close today session under $100
Yeah, there's so much humour in the quote above, so intelligent, so funny, so....
Hilarious? What do you smoke? It's pure crap.
Its hilarious because he's not serious in any way shape or form and you guys get all mad. Theres more to it than that, but I cant put it into words [its humor, afterall]
The broken English, the ridiculous statements, and his roleplaying.
ok ok, i ignored him
coinsetter and jarojew on my list so far, who's next?
Probably Smoothie.
13.
Post 2568877 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
ShroomsKit... Tell us the truth... Did you sell yet?
And Nagle... Did you buy, Nagle?
I don't sell. Ever.
What's your entry (average price)? Have you taken out your original investment yet?
If it drops more, can you afford to buy more?
Just curious.
I bought before the bubble and i bought a couple of times when it crashed. So very low. It has to drop a lot before i start losing money.
With your constant complaining about the price going down a dollar and what seems to be little understanding of how the market works, its hard to believe that.
"Wahhh, someone took a profit, now I'm losing munny
They're a big dumb doo-doo head too!"
Sorry, but you're really annoying when you pull that crap almost daily.
14.
Post 2570048 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Its weird, those oversold/overbought indicators almost always seem to work? Is it just because people follow them - or is there actually something significant behind them?
I mean, it didnt scream overbought on the way up to 260, but it did "predict" a few of the [very]-short term spikes down... as well as up.
15.
Post 2571997 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Wowza! Who'da thunk a 1.2k buy would trigger a much, much larger sell? 3k left thru 100, just hit a daily low of 100.59
16.
Post 2572040 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Its weird that the ask side never has any depth during these situations. Any time it begins to build, a dumbull seems to buy it at a large premium.
Also, is everyone out of ammo?
[This is the part a real whale comes thru and does a 5k+ buy/sell.]
17.
Post 2572061 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Ok, I know I'm not the only one seeing that large buys/sell go back to back within seconds?
Like somebody just bought 2k.. and unsurprisingly a 1.5k sell followed.
Well, and now another 2.5k buy
18.
Post 2572075 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Another 7200BTC bought..........
7200? I dont think so, looks like 4500.
@Frozenlock: LOL, so true. now a 3k sell to show up that 2.5k buy!
Having $7 spreads... LOL, this is sooooo stupid. Daily low of 100.01 now, high of 107.29.. both reached within minutes of each other
19.
Post 2572099 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
5k sell down to 100.5? Really, that many bids piled up?!
20.
Post 2572119 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
This is getting really stupid now... 6k buy to 109
21.
Post 2572132 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Another fkin 5k sell to 100..
The only winner here is Gox.
Well, and the people on whichever side of the battle that comes out on top, but even they may still be at a loss due to the stupid ass 10% spreads.
22.
Post 2572140 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Some big guys showing off their epeens, 5k worth of bids on 101.
lmfao, i just checked btce/bitstamp/campbx to see how people there are reacting...
They arent. PANIC HOLD!
23.
Post 2572162 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
This has to be bot action. Who's gonna do this manually with 1000's of coins within seconds with 15 seconds gox lag.
I cant see bots being trusted with this much money, and if they were, they wouldnt be so stupid.
This is rich guys clicking buttons.
Also bidders seem to be having a price war with each other while the asks cease to build at any significant rate.
3k on 103.
I cant believe there is this much money ready to move on Gox. Seriously, wtf?
11k on 100....
...
....
24.
Post 2572174 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
If the bears push us thru 100, we are in BIIIIIIG trouble.
25.
Post 2572193 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
I wonder what the price would be without all this manipulation the last month or so. Just natural buying and selling.
A lot, lot lower.
I'd say a whale is 5k+
I suppose some might say 1millUSD/coin price but I think half a mill is sufficient for the tag
+
26.
Post 2572235 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Theres only 4k of asks back to our daily high, and 10k of new bids down to 100 [our daily low - NOT 101]
And new daily high, 109.96.
This is just so stupid. If we break 100, we're in bad shape. But just because it didnt fall doesnt mean these people should be buying in...
27.
Post 2572263 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability?
Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.
How? With this lag?
There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.
If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.
---
Imagine what people are going to think when they wake up and check the charts.. see no volume followed by 50k... and no significant change in price. I know if I were that person, I'd squint, check bitcoinium, clarkmoody, etc... and then of course, check the wall thread to see live reactions.
28.
Post 2572287 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability?
Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.
How? With this lag?
There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.
If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.
Ah well i'm looking at a chart. Not on Gox itself and it shows prices all over the place and quite some lag.
What do you mean by lag?
It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability?
Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing.
How? With this lag?
There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks.
If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact.
Your risk return spectrum is a little wide for me.
What do you mean? You would go with less bids and asks in front of you? I mean, that usually makes sense.. but the volume was so absurdly high, even 5k on both sides would have gotten you some returns. 1-2k seems like a "safe" point to me, you are not subject to a random 500 sell amongst 50000 of buys, or the opposite... without being so far behind that you miss the majority of the action.
29.
Post 2572363 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Who are these whales slapping the market around?
It'd be lovely if any of these whales could make a guest appearance here (even in a throwaway account), and tell us a couple stories..
Cmon guys.. I know one of you out there is bound to be reading this...
Playing with MILLIONS of dollars......wastes time reading bitcointalk forums.
Makes total sense
If I were the one playing, I would love nothing more than to watch live the reactions of you all......
Same here.
I wish the mogsta barometer was still useful. Its saying 6k of sells and 5k of buys for the last couple of hours
105 wall [ask] is up to 4200 [700 eaten]
105 wall [bid] is slightly smaller at 1300 [1900 added, and then eaten]
30.
Post 2572396 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Something happened! But it killed clarkmoody... again.
Looks like most bids retreated, and then 2k+ of the 4k+ wall on 105 was marked sold.
... lmao, now we have a 2.5k bid on 102 and a 1.5k ask on 102.4
Same deal?
-- Oh, no, wait. now I check again and ALL the main bid/ask walls are suddenly gone. 102, 102.4, and 105...
w
t
f
31.
Post 2572430 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
05:42:01 > Current trend: +8.88000 USD, Volume:5505.4166 BTC
Again, I hope you will remember in a week time that it was a single buy that got us to 110
Yep, part of the reason I registered here [or, finally got my first post in the newbie section] was because of all the confusion around that buy.. I think you made a thread on it, but even it had some errors IIRC.
32.
Post 2572448 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
05:42:01 > Current trend: +8.88000 USD, Volume:5505.4166 BTC
Again, I hope you will remember in a week time that it was a single buy that got us to 110
Yep, part of the reason I registered here [or, finally got my first post in the newbie section] was because of all the confusion around that buy.. I think you made a thread on it, but even it had some errors IIRC.
The thread was 100% correct, it was about 95->110 push.
If you find it, I can tell you what was wrong.. but I am not going to dig.
Also, after the 5500 buy to 109.98.. 9500 of new asks mysteriously appear? The bids are shifting ridiculously. Retreating, pushing back, etc. At one point in the last 10 mins the 100 wall was 6000, and at another was 12000.. currently 10000.
33.
Post 2572473 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
--- OLD POST WARNING ---
0. 16k buy wall appears at 95
1. Less than a minute after there was one 400BTC buy which brought us from 95 to 99
2. Another 5k buy that had 10USD slippage.
3. Straight after price reached 110, A 4k bid wall at 110 was put and eaten, and price went down to around 106. (or less, I don't remember)
This all happened in a very, very short period of time. What could be the motivation of such thing happening?
Assuming it was same person who executed the buys, or at least the 5k
0 - yep
1 - market had delayed reaction, then a couple separate parties panicked and bought it up a few dollars. A couple thousand.
2 - 5k of the original 15k bid wall went into a market order.
3 - Remaining 10k used on market order [ofc the amts varied due to slippage, but the USD was likely the same] Unused cash formed 4k wall at 110. Hastily eaten.
The only issue was a few numbers and that a couple of people [not sure if you] said the 15k wall remained during this -- false, that was clarkmoody lagging.
It was one party who likely was not pleased about the panic buying his wall caused, so he just did a massive market order.
34.
Post 2572483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
We're gonna get an update from chart buddy in about 7 minutes, woohoo!
On a random note for those who use Clarkmoody - and use the sound ticker, what is your min volume? I usually pick 10. 100 is too rare and doesnt always happen in a smaller downtrend... but right now im using it and its doing fine.
Has there ever been a single 1k transaction? I know bitcoinity goes by the exact price, so 1000 1btc trades will show up as "1000 a few seconds ago" even if it was spread across hours.. but has there ever been a single 1k trade? I'd think so, but most seem in the high hundreds and split into small hundred chunks.
35.
Post 2572585 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
We're gonna get an update from chart buddy in about 7 minutes, woohoo!
On a random note for those who use Clarkmoody - and use the sound ticker, what is your min volume? I usually pick 10. 100 is too rare and doesnt always happen in a smaller downtrend... but right now im using it and its doing fine.
10 would make it ding all the time, 100 makes dings meaningfull for me
Yeah, 100 is definitely meaningful. But for me, 10 works well. A bunch of fast 10+ dings can let you catch action rather than see the aftermath in my experience.
Also that news is very scary if true....
36.
Post 2576861 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
So, since checking the charts like 10 hrs ago... nothing has really happened? It looks like some sort of large sell happened a bit over an hour ago, but I dont see it in ChartBuddys post?
10.4k to 100, up from a low of 2.7k
13.3k to 110, up from a low of 1.5k
Bearish?
37.
Post 2577610 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Regarding earlier today:
http://btcbible.com/rumbles-detected-mt-gox/Rumbles Detected on Mt. Gox
Published June 24, 2013 | By Dan Roseman
UPDATE: Thanks to Redditor Anenome5 for pointing out that the volume far exceeded 30,000 bitcoins, as originally reported. It was closer to 80,000.
BIG moves were detected on Mt. Gox less than an hour ago. A major surge of volume (around 30,000 80,000 bitcoins) exchanged hands in rapid succession, causing an almost instant price variation ranging between $100 to $109.4. Below is a 15-minute chart depicting the price action action:
I wish Gox had something to say about it, like, "Oh, sorry guys - we accidentally simulated trades to test our engine on the live orderbook... reversing all trades for those effected."
Now that would reaaally screw things up
Also, 1k wall pulled from 103.76 and market sold.
38.
Post 2577879 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
NP, thats what this thread is for
Why do you think its manipulation barbs, and what is the 105 dump you are referring to?
It was weird, because this wall came up about an hour before it got pulled.. and it looked real. But then some small buys pushed us to 103.50 and it got pulled. It doesnt really make a lot of sense to pull it then and market sell, but I cant see that being labeled as manipulation.
What kind of market watcher app do you mean? I use bitcoinum and set price alarms behind walls.
39.
Post 2578028 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
A lot of the support on $100 is simply being pulled. I think we might go thru it, but its best the walls are pulled and used to hold us up later on.
Another 1k market sell, 200 sell, and 100 sell... now 600 wall sitting on 101.53
40.
Post 2580607 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
More simultaneous market order buy/sell retardation? Anyone catch how much was sold versus how much was bought of that 1k bump about a half hour ago?
41.
Post 2580681 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
Im going to pretend yesterday never happened, because it made absolutely no sense that bids and asks filled in quickly enough to hold off constant 4k-8k market orders in both directions..
CONSPIRACY!
42.
Post 2581028 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.06h):
For all those watching Moody I have the 25.34449000 @ $100.50 here's to hoping!
Now both of our bids are there [and someone else], we can be bidbuddies (until I panic cancel it)!
185.3077 100.50
43.
Post 2591461 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Interesting strategy by someone...
Currently has 24 x 125 ask "walls" [although this totals 3k!] on every 102.89 + 0.10 thru 105.29
5 popped up in the last few minutes, and a couple [I just realized this now] were eaten not to long ago -- but replaced.
I wonder how many coins this guy has, and the purpose?
Also holy crap @ chartbuddy depth view.. asks look terrifyingly steep.
44.
Post 2597972 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Mr. 125 ask walls seems to be intentionally pushing us down now. Some of his asks at 104.X9 have been pulled, as well as his 105.X9 asks, but he has "re-inforced" his previously partially eaten asks at 102.89 & .99, as well as put some new ones. -- one as low as 102.59.
Wonder if hes going to pull all of the asks and market order buy?
45.
Post 2598099 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
You wouldnt do it by beating your own asks by 10 cents even when the previous one was
1) The cheapest already
2) Being bought into
46.
Post 2598428 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Yeah, its still profitable to run them at a $50 exchange rate. GPU miners will probably shut down though - helping slow the rate of difficulty increasing, and helping out the ASICs a bit.
47.
Post 2598774 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Less than 6k to 100 and dropping...
Downward pressure is growing [relatively] quickly. Its all on moderately low volume, but asks on 102 are moving down.
A 3k buy only pushes us up $1.
48.
Post 2598946 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Down we go! 100.10!
4k+ sell!
49.
Post 2599591 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Wtf... 400 left on 100, and someone puts 300 ask on 100.01? Thats suicide if they really intend to sell those..
Nevermind they wised up and market sold.
50.
Post 2599826 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
And Gox has been goxxed
Had my hopes up there for a second - thought we were getting DDOS'd.
You know, because.. what those do.. uhh, -- TREND REVERSAL!
Yep, I definitely want it to go back up
51.
Post 2600002 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Bids are disappearing fast...
... on bitstamp. Do remember, there is a thread just for that exchange.
On MtGox, the 400BTC buy might slow the downward pressure for awhile.
52.
Post 2600896 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
WB 98 97 96.
Currently 1k of asks to get above 100..
Interesting.. for the sell that brought us from 98 to 96.2, it would take just as many coins sold now to bring us back there [~1.5k]
Bids filled in quick.
53.
Post 2601087 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
I really thought 100 was gonna hold till we received final news for the Gox issue, either it would go.
I guess things are really really bearish atm.
80 will surely hold...right? right??
What final news?
Also, 3k sell down to 95.73
Sorry dumbulls who replenished the bids for this guy.
54.
Post 2601147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
What final news?
About what happens after these two weeks. Will everything go back to normal for them or are they getting f*cked by the banks, and the usd locked in some more time ?
Oh, I see, but why would people just start panicking about that now? Is this like litecoin rallying every time mtgox mentions it? ]
Also, how oversold are we right now?
55.
Post 2606068 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
is this for real? it's on cnn...
Dont intent to be an ass, but l2internet
BLOGS.cnn.com
Not a real article. Its fake.
56.
Post 2606188 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
I cant believe there is no panic after the walls were eaten.
But a 1.5k wall from 93 just got pulled :/
57.
Post 2606286 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Theres the panic! Woohoo, $92.5
58.
Post 2606317 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Theres the panic! Woohoo, $92.5
I see it makes you extremely happy to see Bitcoin goes down?
Kinda odd.
Its called - this makes me money!
59.
Post 2606511 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Lol, panic sale of ltc on btc-e based on that cnn blog btc-e article... dear God, what kind of morons are in crypto community, lol
Thats hilarious! I saw it was down a bit earlier, I thought by now people would realize blogs=/=news.
60.
Post 2606574 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
It's also a former low, next ones are 79 and 50. So if we break it, sure, it's going to be a resistance.
In your opinion how far down are we goin.
You seriously think he would know? Come on...
He should at least have an opinion.
Sure, but it would worth as much as your own opinion since nobody knows where Bitcoin will go.
But that's the game isn't it. What good is an opinion unexpressed?
In his case a lot.
61.
Post 2606611 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
You seem to be unable to grasp the concept that bitcoin is highly overvalued right now. Its already had its time to go up. Maybe in the future it will have more room to grow, but not now -- not without coming back down.
62.
Post 2609074 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Finally, some bulls in action. This is good, less money to catch us when the fall resumes.
So, do we bounce up to $100 now? Or is this just a typical dumbull?
63.
Post 2609253 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Looks like there is still some demand for bitcoin just yet. So much for your crash Jaroslaw. Price over the weekend will be very telling for activity to come.
I think everyone saw this rally coming, the question is the size of it. We fell too quickly and neither side had any volume at the bottom.
Stop now? 100? 105?
64.
Post 2609477 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Dang it, you ruined Jaroslaw now! His avatar, imagining it as him, was nice
65.
Post 2613910 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Nearly 5k to get above 100.
At the peak in this downtrend it was like 6.5k, and of course earlier today we were over 100..
Downward pressure building, or whales just waiting for asks to pile up?
66.
Post 2613965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
According to your graph, starting in December 2013, people start paying you in USD to take their bitcoins?
I like that. Looks like a peak of -33USD/BTC in June 2014.
Ill take anyone's bitcoins at 0USD/EA, right now and thru Dec. 1 2013. Take advantage of this HOT deal while it lasts.
Send them here: 14YDg2knHWoYaDZpUFvuQfFP7kUpPpYL83
You're welcome.
67.
Post 2614018 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Ok, more friendly. Does anyone not have ChartBuddy on ignore?
I like the graphs, they are very informative on what is happening.
96.37000 1111.1111
someone's trolling
Since you posted that:
96.37000 1111.1111
96.38000 111.1111
96.39000 11.1111
96.40000 1.1111
Now, where's the 11111.1111? Come on, we know you want to..
68.
Post 2616738 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Ever since mid May we have been seeing the huge weekly dumps ~> then Mt.Gox stops outgoing wires ~> then the huge dumps stop ~> Those coins move to other exchanges bringing the price down below Mt.Gox....
Which is where we are now.
This makes me a bit scared for when Mt.Gox starts transfers again. I wonder how many coins are waiting to be dumped once the wires come back. If I had a huge stash, and was dumping weekly, and Gox all of a sudden halted wires, I would move all my coins out of Gox, and into my wallet. If I needed some cash, or was trying to stick to a cash out plan, I would sell what I could on other exchanges without causing too much slippage. Any of those May/June size dumps on the other exchanges would just be stupid. So when Gox starts wires back up, who knows how much catching up we have to do after stalling all these dumps!
For this reason, I sold all but about 10% of my stash. Two months ago I bought a new Caddy, in full, and put a large down payment on a home, all with bitcoin speculative/minning money, so I'm not complaining much. I will definitely be sticking around for when we get a new reason for panic buying, which I don't see happening anytime soon. Yes, I know, with something as "new" as bitcoin, that new reason could happen tomorrow!
TLDR; Sold most of my coins, now waiting patiently on the sidelines. & MtGox opening wires back up should be a good show!
Congratulations! It's good to hear about someone buying something fun with their btc.
Bitcoin Charts price data going back a year will tell you that their has almost always been a disparity between the price at other exchanges and Gox with Gox always being higher. There was even a couple of people assisting with arbitrage using OKPay a while back but the transfer fees eat up a lot of the benefit. I can't remember the exact number but you need at least a 7% OR 9% difference in price for arbitrage to make sense. Gox only stopped cash withdrawals of USD. USD deposits and transfers to Mt. Gox continue so do deposits and withdrawals in other currencies. I don't think coins moving to other exchanges is causing the disparity in price unless that's been happening for more than a year. Your right, when Gox opens up USD withdrawals again its going to get interesting.
Yes there has always been a disparity, but < 2% is the norm. This is currently 7% with a high of nearly 20% in the last couple of days.
If coins arent moving to the other exchanges, then why did the gox price rise & stagnate (before falling) while the others fell?
69.
Post 2616855 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
To clarify your point: The price rose because some people had fiat waiting to be wired out, so they had to rebuy coins to move to other exchanges and sell there, right?
Well, that and I think many people panicked and took large losses. Now we do have a more steady buy at gox sell @ [the other three] maintaining the gap.
There has been such a disparity historically that people are trying to get passive income from OkPay helping others with arbitrage.
https://bitcointalk.org/index.php?topic=171349.0 It hasn't been just a couple of days.
I don't really have a good reason for the stagnation other than artificial shoring of the price. Now why or who might have done this - I don't know but some unusual stuff is happening at Gox. Hell, for all I know Gox is manipulating the market because they are a key member of The Bitcoin Foundation and they needed to stop U.S. trading because of the California complaint against TBF. They did just file for a FinCEN MSB license. Maybe that's got something to do with it. But that's just a wild assed guess.
Yes, there has been, and it took an event that would cause selling on MtGox to temporarily become unfavorable. Not 20% though - we've never seen it that large before. The initial panic on this no withdrawal news brought bitstamp down to 90 while gox was still holding steady near 110.
Also, I think Gox is definitely up to something. The whale wars on the 24th simply make no sense. Something happened there that us outsiders dont know. Rich people dont just throw their money out like that.
70.
Post 2626775 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Heavy buy pressure now. Mass dump on Gox caused price to drop, now is time to buy.
You arent serious, are you?
This is the lowest buying pressure I've ever seen in a quick price drop.
Bids are not piling up whatsoever, nobody is one upping others bids. Even very small sells are sustaining the daily low price constantly dropping.
dont care if it goes up or down.. been buying all the way down..
since this pressure on ask side was purely manipulation .. i susspect it to go up anytime soon.. at least .. short time
This is a low volume drop, kind of like the low volume rise from 93.XX back to 98.
Until a whale comes, this can continue.. and its not manipulation. Its stupidity exaggerating the effects of small sells/buys.
71.
Post 2626986 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
And the price rise on Btc-e hmmm
Im not seeing a rise. Its alreay very low at $85..
Looks like bears are getting ready to assault $92.2 and kill it for good, next stop $88. IMO bulls already know they lost the battle for $88, but it may bounce a little.
Butbutbut
Strong hands! And, uh... CHEAP COINS!
Impossible, there is no way there are that many coins available to sell!
72.
Post 2627317 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Is todays low in? Or has it only started?
It seems like we either close in the high 80s or in the mid 90s.. 89/90/91/92/93 are too "controversial"
73.
Post 2627986 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
90 just fell! 15k dump!
74.
Post 2628177 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
As everyone can see, the buyers are rushing to get those cheap coins.
Or not.
Unbelievably, there are still a few morons doing 100+ buys right now.
How stupid can you be?
Cant wait to see them get burnt.
75.
Post 2629667 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
all this excitement (and bitching) is great fun, but we're still at disappointingly giddy heights...
Nobody's ever gonna buy that $26 shit
I question the authoritativeness of that statement.
rolf
About 40% of the cash on the Gox books is waiting for sub $26 bitcoins...
What? Like 15% is..
76.
Post 2629765 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Was this 8k wall at 90 pulled or eaten?
Eaten during a [single] 15k sell.
all this excitement (and bitching) is great fun, but we're still at disappointingly giddy heights...
Nobody's ever gonna buy that $26 shit
I question the authoritativeness of that statement.
rolf
About 40% of the cash on the Gox books is waiting for sub $26 bitcoins...
What? Like 15% is..
It's possible I'm being a fuckwit, it wouldn't be the first time, but please explain...?
lol. Well, you said 40% of the CASH/USD that is VISIBLE on the orderbook, is waiting for sub 26.
Total cash in orderbook: 9.5mill
Cash above 26: 7.8mill
Cash 26&below: 1.7mill
%USD below 26: 18%
Bids above 26: 140,000
Bids 26&below: 352,000 <- excluding [0, 1)
%BTC below 26: 60%
-----
On a side note, just hit new daily low of 88.70.
77.
Post 2629842 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Shit,
I had my buy order at $88.68. The low was at 88.75. I missed the price by $0.07
You were lucky ... you can buy lower soon
True
16:14:37 88.67825 0.0164
16:14:37 88.68887 0.0201
16:14:37 88.68990 0.0102
I didnt know you were a bot!
78.
Post 2630166 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Even in the bitcoin world, put it in this perspective:
http://www.youtube.com/watch?v=onMq0NHEEpo4/10/13
Never forget!
79.
Post 2630377 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Lol, that is amazing video. Price going from 120 to 180 and back in millisecond, lol
Epic day. I spent it trading (or better "watching the sell off", obviously no trading was possible apart from desperately trying to pull bids to place them lower). I saw that happening live, and it was a hell of a ride. I have to admit I enjoyed it. I did not panic sell a single coin (even if I was tempted), but I bought a lot as soon as Gox reopened after the "cooldown". BTW, what a huge Gox fail, I was outraged, such level of amateurism is really beyond me.
I spent it on a public bus. I was just leaving classes when the selling started..
By the time I got home it was in the lower 100's
I didnt sell, either.
80.
Post 2630662 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Holy crap, BTC-E is below 80..
81.
Post 2630759 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
1.25k buys on bitstamp and mtgox? Weird. Almost at the same time.
Bitstamp just lost like all of its ask depth xD
82.
Post 2630952 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
GG, campBx now at $0.00
Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth.
83.
Post 2631359 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't
Wouldn't it make more sense to take cash from the IPO to manipulate the price further before cashing out? They might have enough cash and coins to drive the price up and down at will.
Yes, I already mentioned that, it's called propping up and it leads to insane volatility or more specifically flash crashes with crazy rallies in between.
The IPO IS them cashing out. Yes they can use their own cash to manipulate the price prior to the IPO, but that would mean buying more coins, the very things they are trying to get rid of. A dangerous game, especially in what is looking more and more like a bear market. And very telling that they applied at time when the price was at the psychologically significant $100 mark. Smells of FEAR to me. Perhaps they are the reason for the gap between us and other exchanges right now as they try to prop up the price
I wonder what would happen if they [or someone else] sold btc-e, bitstamp, and campBx all down to $0 at once..
Would Gox react? I think people would be in denial until people came on here and said, no here's proof of by $1.20 bid being filled! LOL
84.
Post 2631545 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.07h):
Well, I obviously don't have idea what's going to happen or I'd be millionaire already
but right now it's bearish pretty much. We'll see where it will end.. 85/86 walls are first line of defence now.
I agree that it is very bearish. I expect resistance above $ 90, so so maybe next fall ...
Im starting to worry we might see a wallzilla, from the bid end.
I hope a seller surprises me
85.
Post 2631584 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
116k mother of bid walls on Bitrstamp @ 84
Things are starting to get interesting
lol, its only 1.5k.
Unless it was previously 116k - but that would make no sense.
You must be talking USD, in which case 116k isnt that much. We've seen 1500k walls on MtGox if you put it like that.
86.
Post 2632048 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
^lol wtf, i knew something looked funky on tradingview.
someone was dancing with their bids
87.
Post 2639261 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
From about 12hrs ago, bid sum is up nearly 1 million, and ask sum is unchanged.
Is it Dump O'clock yet? Me thinks not. What is the official day for the end of the USD hiatus? 2 days?
88.
Post 2640113 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Looks like the gap between MtGox and Bitstamp has pretty much been closed since today, only a $2 difference left now.
Im pissed.
Dont be, some guy has been manipulating bitstamp up since yesterday. If Gox shows any signs of bearishness, it will fall hard.
89.
Post 2640328 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Bids and asks are now both rapidly rising. Hoping to see some action now.
90.
Post 2640601 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Maybe mr. 89 bid wall was the same guy with the 94 ask? They disappear at the same time.
Sorry guy, its gonna take more than a 2k bid wall to incite a rally.
91.
Post 2640655 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Looks like only wallzirra jr was available
Come on, 500 coins on 90?! Thats the best we've got?
YOU GUYS SUCK!
What happened to the cool guys on the 24th? Where did all of them go? All of the buyers on that day are now at a loss. And the sellers... can buy back at quite a profit.
92.
Post 2641424 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Starting to get some action.. right when I'm getting ready for bed
200 sell, 500 sell, 500 sell, 1k sell
93.
Post 2644578 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
NO, Jaroslaw even tore that wall down to make that happen. Bitcoin is overvalued because they say so. Now Panicselling , please.
i wait just for bitcoins to arrive on gox.
i will resume downtrend for all.
sell now while i give you warning.
94.
Post 2644632 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
What? Why doesnt anyone like my Jaroslaw impersonations?
I must be too professional.
95.
Post 2645584 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
I don't Think you know what "Long" means.
That I bought most of my coins over $100 dollars and haven't sold any yet? A couple of 'sure things' for a BTC or two but overall, long. I'm very contrarian to this bear forum.
Ouch. Well, at least you can be honest about it and not whine like dogfacebird.
Not that my opinion means much, but I dont think this current drop will be held too long. Dont doubt that it will resume the fall later on though...
96.
Post 2649801 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Does anyone else think that it is a little strange and inappropriate for a moderator of a bitcoin forum to be relentlessly campaigning against it?
He isn't campaigning against bitcoin. He is saying he thinks the price is overvalued for now.
Not only is he campaining against it he also spreads fud in a ridiculous way.
Please don't give me this crap again how he is allowed to have an opinion. That has nothing to do with it. how he is still a mod here is beyond me.
He hasnt been wrong yet. You want to hear everyone saying, "dogfacebird, you will have more fiat in the next few days!"
Unfortunately the indicators didnt [at the point Blitz has been saying DOWNDOWNDOWN] say that.
Personally I thought we hit the bottom at 84 or whatever yesterdays low was. Blitz didnt. Who was right?
97.
Post 2649859 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.
lolwut
There was only 1 abnormally large sell [15k]
The rest has been fear.
98.
Post 2650176 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Oh well there goes the 860 wall @ 78, sliced through like butter.
Market depth is still in bulls favour, I'm not shorting anymore.
Market depth has been in favor of bulls since 100... lol
99.
Post 2650377 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
lol, hope he really wanted bitcoins.
I never quite understood this -
Once a large order [or any order, for that matter] is placed, any actions [bids, asks, market orders, cancels] are done in the order they are placed.
So if someone wants to sell 5k, and there is 1k ahead of a 4k wall, how can the 4k wall be pulled? I see it all the time.. but it seems like thats after small guys start inching towards it.
Which makes me wonder why the seller didnt just lead the pack and take it all..?
100.
Post 2650444 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Guys, MtGox doesnt know what a litecoin is. I think its time for LTC to crash!
Kidding aside - I lol'd pretty hard at that. Also, all of Gox's twitter posts as of late are over the character limit and whoever is typing them doesnt seem to understand only part of their message is showing up...
101.
Post 2650564 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
82, 80 and 78 failed miserably. In the past couple hours 5k were pulled out of 71 and 70.
If the 4k now holding 75 fall we might go all the way to 55.
I cant see that happening. It just doesnt take much USD to sustain these prices. It takes a heck of a lot of dumping though.
Not that we dont have at least a million btc ready to be panic sold, but how much cash is on the sidelines? Pulled walls -> quicker recovery.
102.
Post 2655641 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
I find it really hard to predict the top of these seemingly artificial long steady bull trap rises. Only telling factor I can think of is they'll keep going until the bid depth fills up enough to be worthwhile for a big dumper. Any other factors which may help estimate this?
There are no more dumpers. Up from here.
Kidding aside, I think the trend is random for abt. a week, until withdraws start working properly.
Then deposits may start to flow back in. Enough to counter the withdraws? Who knows.
103.
Post 2658314 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
is hitting resistance at $80 and now time 2 buy .. up up and away.
You posted that twice already. On the same page.
Did something change or make this second post have a point? No? Okay, then stfu.
104.
Post 2661060 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Bitstamp is taking a bit of a nosedive ... back to $72
@ IAS - Yes yoda just told me to trim my position a bit and go sit in the sun
- sometimes you have to make a small sacrifice to get what you want !
@ Ultraviolet - I hear you, and would certainly not be going long here, but the risk of spike to $xx before we break $70 is ... apparently decreasing as I write ! I was going to say, quite significant lol
You can thank me for buying back a bit of my short
1000 BTC wall at $71 on Bitstamp seems to have been gobbled up... or at least shuffled/spread a bit!
They either sold it into the 71.0001 wall [they had ask at 71.0004
] or otherwise tried to make others sell into the 71.0001 wall. And succeeded. The wall was not eaten, thats for sure.
105.
Post 2661720 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
1k buy came from the wall that was pulled at 67, just FYI.
1 minute after it was pulled, market order of same/very close USD went thru.
106.
Post 2661804 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
1k buy came from the wall that was pulled at 67, just FYI.
1 minute after it was pulled, market order of same/very close USD went thru.
So, how long before that guy capitulates and eats into the 70 wall?
My bet he'll wait till 50 and then sell.
I wondered whether the 15k sell at 90 came from the guy who bought 15k from 95-110.
No way to prove it, and I'm sure there are plenty of people with that many coins, but if it was...
107.
Post 2661974 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.08h):
Only a strong bullish news would save the day now, otherwise we might go back to 50 or even 40.
A strong bullish news will take effect in a few months only.
I doubt this. But I also doubt we will have any STRONG bullish news.
108.
Post 2665913 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Bids seem to be rising at a rate slightly higher than asks.
However... bid/ask is looking much healthier, and it's going to take about 25k of market sells to make it any worse.
Bottom? Or just the first half of the selling is over?
109.
Post 2666021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Or just the first half of the selling is over?
^ This
It isn't going to be over until we hit mid $50's
What happened to long, slow slide?
We've dropped almost half in less than 2 weeks.
Arent we overdue for a correction-correction?
[Dead cat bounce, is this the term?]
110.
Post 2676141 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I'm sure everyone is seeing the blatant price manipulation right now. I dont mean, "In these past hours"
I mean, like, right now. In the past few minutes.
111.
Post 2676221 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I'm sure everyone is seeing the blatant price manipulation right now. I dont mean, "In these past hours"
I mean, like, right now. In the past few minutes.
What kind of manipulation, nothing happened in the past few mins?
Single player doing small buys and placing lots of 100+ bid walls on random values to incite a rally and/or bids above 70.
I just restarted my computer and now I missed him pull all of them. Support on 70 went from 2.5k to 600
112.
Post 2677063 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
lol @ manipulative wall at 73.959
This way any sells appear as buys on bitstamp.
Regardless, interesting moment.. do we go up from here? Or is some whale going to take a dump? Or even a whale bring us to 90 in one swoop?
113.
Post 2677926 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
wow, look at all those coins suddenly leave (manipulation) the order book, must all of a sudden be a real sign (manipulation) of confidence in the price going up! hurrah (manipulation)! y'all buy those bytecoins right quick now (manipulation)!
15k coins disappear with about 10k of buys.
OMG THE MANIPULATION!!
Obviously one person with a 5k wall removed it during the rally. I actually noticed it disappear again a few minutes ago. Not sure where it is, but I saw it on the tradingfloor total coins stat. Went to 129k for a few seconds, then back to 134k.
In the past 10 hours,
BTC9,051.03 sold
BTC19,985.32 bought
114.
Post 2678084 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Because someone looking to manipulate the price would never think of actually buying coins....right?
So a graph of bought coins making available coins drop is clearly proof that those buys were manipulated, right? LOL.
115.
Post 2678113 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Because someone looking to manipulate the price would never think of actually buying coins....right?
So a graph of bought coins making available coins drop is clearly proof that those buys were manipulated, right? LOL.
you can easily see the price is being manipulated right now...check order books on the highest volume exchanges.
It still has nothing to do with the graph he posted..
116.
Post 2678176 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Is there any actual importance involved with the crossing of the bid/ask sum lines in blockchained, or is it entirely arbitrary.
completely arbitrary. Except in maybe all time, then it may have significance, but in 15d NONE.
Bid/Ask vs Price crossover is generally a weak indicator.
117.
Post 2678199 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
The last time I remember to observe many smallish orders of the same kind was during a larger dump and they were on the selling side.
But how does micro-orders on the bid manipulate the price up?
Consider. If they get hit - what color will all the prints be...
But they are placed there for someone desperate to push the price the other way
And if they arent hit.... then, it continues on without them.
Really though, thats all nonsense. If they are hit, then they might make a few stupid people follow them. Otherwise nothing happens.
118.
Post 2678370 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Im gonna be really surprised if we dont see one big dump in this.
Throughout this rise, asks have remained constant.. very bearish signal.
--Err, I should say -- The current rise. Of course total asks have dropped from the rallies hours before and the recent one.
LOL @ some bot.
About 300 bid on 77.5
Every time it was touched, it shifted a few cents in a random direction. Sometimes it one-upped itself by 0.001c, sometimes 1c, sometimes down a few cents.
Only a bit left of the wall. I wonder if the goal was to make sells appear as buys on bitstamp by one-upping itself 1c, since that would show as "trending up" AKA green arrow.
119.
Post 2678855 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Found a new bullish chart pattern, a bounce is pretty clear as of now:
This bounce is legit, I can see it in the pixels.
120.
Post 2678939 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Good to see Gox lag not an issue so far.
It hasnt for a long time.
Gox lag has been replaced with a much less annoying slow trade execution.
E.G, a 2k buy that goes thru 100 different transactions should be executed quickly, but instead takes quite a bit of time sometimes.
However this 3.5k buy that just went thru was pretty quick.
121.
Post 2678979 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I was really hoping to see that buy take all 5k of 80 in one swoop.
Come on, we need a whale to bring us to 91 so Jozzaboy breaks even from his entry point.
122.
Post 2679067 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Im scared to go to bed
Sell or holdddd... ugghhhh
Damn bitcoin not giving a shit.
There were CHARTS, and LINES. There were fucking PROJECTIONS!
I'm ruined!
123.
Post 2691127 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
And now, surprise 7.4k wall!
Im seeing about 4.6k?
124.
Post 2691166 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Almost 20k to break 70 now.
Edit: And it's gone LOL, 8500 to break 70.
oh dang, i missed the 7k on 73 flat. i only saw the 1.25k and 3.2k ones.
He can bring us over 80. Do it Mr. Whale!
Or is he the guy with the 80 wall?
125.
Post 2691201 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Panic buying start now!
Nope not yet, the big wall just got pulled LOL
The fact is there is fiat ready to buy. Wall being pulled doesnt mean we are going down. Anyway, he moved it up a bit, and then pulled it again. We're just getting started methinks.
126.
Post 2691244 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
all walls now pulled..something don't smell too good
Still has the 1250 [partially sold into] at 75.22
Evry1 bye b4 he market oarder.
127.
Post 2691271 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Panic buying start now!
Nope not yet, the big wall just got pulled LOL
Yeah, that was a failed manipulation up if there ever was one...
Looked damned successful. Within seconds the price went up $2.5. Had he not pulled the walls, we would be higher.
Very successful manipulation. The purpose? Who knows.
128.
Post 2691281 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Walzilla is just testing the reaction of the market, to find out how best to manipulate it: upwards or downwards?
LMAO, 1k ask wall on 76.
This guy... I think he's testing the whale.
129.
Post 2691300 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Panic buying start now!
Nope not yet, the big wall just got pulled LOL
Yeah, that was a failed manipulation up if there ever was one...
Looked damned successful. Within seconds the price went up $2.5. Had he not pulled the walls, we would be higher.
Very successful manipulation. The purpose? Who knows.
No, I mean buying 2500 bitcoins and then putting a bid wall up and then... crickets.
He never bought 2500.
You really think all of those small buys were him? There werent even 2.5k of buys.
130.
Post 2691853 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
999.00 on 75.505.
Someone wants to play a game.
131.
Post 2691925 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
10k wall appeared on ~76.50 for a few seconds. No chance to screencap it unfortunately.
132.
Post 2692024 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
10k wall appeared on ~76.50 for a few seconds. No chance to screencap it unfortunately.
Whales communicating. It is like that star trek movie. Forget which one.
8k at 76!
Lol, this poor guy. He's on the frontlines now.
@barbs.. it was 10k at 76.5 a min ago
lmao, market has NO response to this wall so far.
Come on, whales, either buy or sell! DONT LET IT BE THIS WAY!!!
133.
Post 2695903 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Moving Moving Up nice and steady ..
no, no it's not
Yes and Yes and Buy and Buy
You must be a troll. All you ever say is, "Price is going up slowly" in different words.
Price is actually heading down now. Low 70s in a few hours me thinks.
134.
Post 2700275 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Would you believe the 76 bid wall on bitstamp is what driving this rally. Bitstamp is driving the daily highs before mtgox.
Uh, no, its the guy with double-triple that money on Gox.
So, this guy has quite a bit of money to throw around. He's had at least 4k of his walls sold in to.. and still has 10k or more left.
If he had any real intent to buy, he'd get all of the 80 wall 2 days ago. Clearly he is trying to manipulate us up.
As soon as the price was starting to dip slowly a little while ago, he [or possibly someone else manipulating] put up a 1k wall at the top of the bids. Then pulled it after the sellers stopped.
I think we might break 80 if people let this guy have his way.
135.
Post 2700639 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Nothing is happening again. COME ON!! Pick a direction, market! We've been waiting for like 4 days!
136.
Post 2700663 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Bid wall at bitstamp is gone.
1600 at 78 on Gox.
I know its not big, but.. we know there's more where that came from. Also massive buy. Were over 80
137.
Post 2700673 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
BOOM, 6k buy, hi 80!
4k wall on 80, 2k on 78!
138.
Post 2700691 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Boom. Bye 80!
Indeed, pure manipulation. But it might end the downtrend for a long time
139.
Post 2700699 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards
Oh come on, another fag gonna try to stroke themself because they stated the obvious?
140.
Post 2700741 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards
Oh come on, another fag gonna try to stroke themself because they stated the obvious?
Yeah..because so mny people were saying we're going over 80...84 look at that.
Yes, a lot were. You think you're special, and that your few word post was worth of being repasted as an awesome, accurate prediction?
Regardless, MegaBull is running out of cash. He's only got about 3k left on 78 it appears. Maybe a few more k hidden, but I think he's played all of his cards now.
141.
Post 2700819 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I'm watching the $85 level or so, that is the key point to this rally. And even if we break it I am still very leery about this "rally".
Sure, a few more people come in and buy up 6000 coins we will go up. But there are a whole lot of guys looking to sell their lot and
those bids are going to be placed and fill up behind us very shortly. Have to see if a big giant sell order comes around the 85 or so level.
IAS
A giant sell had its chance many times at 76-77. Only a large one came, and no one followed. Megabull's walls are gone [until 78], so if they wanted top dollar, they'd have sold into the 80 wall.
142.
Post 2700823 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I must be in denial because I don't buy this "rally" for a minute.
Why not? Pretty nice sucker rally from 60s. Extracting myself some nice dollars.
Sucker's rallies dont generally include million dollar market orders. With bidwall backing. And those asks? They arent refilling.
The bids? Still up. Well over 11 million now.
143.
Post 2700921 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I'm watching the $85 level or so, that is the key point to this rally. And even if we break it I am still very leery about this "rally".
Sure, a few more people come in and buy up 6000 coins we will go up. But there are a whole lot of guys looking to sell their lot and
those bids are going to be placed and fill up behind us very shortly. Have to see if a big giant sell order comes around the 85 or so level.
IAS
A giant sell had its chance many times at 76-77. Only a large one came, and no one followed. Megabull's walls are gone [until 78], so if they wanted top dollar, they'd have sold into the 80 wall.
Yeah, it is certainly manipulation. Where do you see them wanting to take us?
My guess is just a little higher before a dump to break many a heart.
Hell, what do I know. I've been sitting on the sidelines in USD since we were at 130.
Been to chicken to re-enter since.
Regardless, this guy reminds me a lot of the 95-110 market order. Temporarily confused the market... then.. we fell. Not that it will happen again, necessarily.
144.
Post 2701151 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
11k bids wall. Oh goody.
Theres a new bid wall? Did I miss it?
145.
Post 2701161 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
11k bids wall. Oh goody.
Theres a new bid wall? Did I miss it?
Gone.
It's the great manipulator's wall.
You mean after all of this huge buying, another wall popped up?? I just want to make sure.
146.
Post 2701208 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
You mean after all of this huge buying, another wall popped up?? I just want to make sure.
Yes.
But really, at those prices, 10k wall isn't that much.
Its the equivalent of about 8k at 110. [11k is, at least]
But no one else has mentioned this wall.. screencap?
147.
Post 2701286 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
78 wall vanished? Maybe another 3k market order? Or just moving it up/hiding it.
148.
Post 2701302 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
All the bid walls have vanished
Even so, 70 has 25k+ on it now. A far cry from the 600 on it a few days ago, or 15k yesterday.
149.
Post 2701334 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
I'm running out of USD, not sure how much longer i can keep us afloat. Need some help plz.
I'd feel for you, but poor old Jaroslaw brought us down to 65 and now he's looking at rebuying at 85.
150.
Post 2701450 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Well then, I guess chartbuddy caught the 11k wall at 80. Dayum.
151.
Post 2701520 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
This is a replay of 10-20.
Whats that?
152.
Post 2701667 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
This is one hell of a suckers rally if... if it really is
153.
Post 2701682 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Will 90 fall tonight?
154.
Post 2701738 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
Nice jump
Just panic buying or any news involved?
Just 2 million of bids have been shown, so people are buying.
Asks are way too low for us to be under 80.
It can't keep rising at this rate. I'm sure we will see a retrace of the recent upward move. Sub 80 within 24 hours?
Unlikely with >1mill waiting to buy at $80.
155.
Post 2702608 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
4300 buy.. just 2k from passing 90.
156.
Post 2702711 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
This is insane... broke 80, 85, AND 90 in one day?
Something isnt right here.
157.
Post 2702757 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.09h):
This is insane... broke 80, 85, AND 90 in one day?
Something isnt right here.
It's almost like the ETF is big news or something.
That news came out during the fall...
Is that seriously your point?
158.
Post 2702944 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
walls everywhere
Except on the ask end!
I know, I know, a 2k wall popped up.. but, thats really it.
159.
Post 2702964 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Because bitcoinity is bad and its graph only refreshes periodically.
However mine has shown the wall for awhile.
160.
Post 2703434 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
^ a short term uptick was necessary and expected...before resuming the overall medium term downward trend...the pattern remains: lower highs and lower lows...that pattern has not been broken yet....
How can you say that after checking out the 12 hour chart, such as below:
http://bitcoinwisdom.com/markets/mtgox/btcusdWe have just seen the biggest move up for 2 months. A new pattern is emerging. At some point reversals have to happen, unless it is in terminal decline. I remember watching the Enron share price in late '01 (didn't have any, fortunately) and it just kept going down and down. When it hit $8 the Bloomberg guys were having a fit saying that it must turn around soon. It didn't, the company collapsed and it went to zero. Unless Bitcoin is in terminal decline we will not see a permanent downtrend. In fact the last four years has shown it is the
ultimate financial instrument on the planet. I think it will remain so, based on remarkable fundamentals, and so do many other people.
Enron. NOT Bitcoin
The biggest up move in 2 months... immediately following a doubly large, also 2 month record, down move?
It's clear you're all in
Anyway, best of luck. But I think you might be a bit delusional.
^Not that big of a move, relatively.
161.
Post 2704047 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Asks have slightly recovered [123k, +13k from low today]
Bid/Ask down to $89/BTC from a high of $101/BTC.
8k coins need to be bought in order to top the daily high,
19k coins need to be sold to drop below the low.
I hate the part where I go to sleep now. Hopefully the action waits a few hours.. and it isnt a no-volume period until a whale comes in... AGAIN.
162.
Post 2710983 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
hm, are we heading to 100
No, no more triple digits for 2013. Or is it 300k$/BTC. I can never remember.
both and add "we'll never see 130, 90 etc, etc" again
That 300k stuff sent me to imaginative world a bit... ah
This rally takes us to $300,000/BTC, dont worry. Then we fall to 0.
163.
Post 2714648 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
If there is no selling into these bid walls i'm completely convinced of this trend reversal.
There were some sales into these walls and then they disappeared. So, no trend reversal
I seriously reckon that those are his 40k coins at $105 - $110 and he wants to push us up there to take his very large profit for a couple of days whaling
There are only 20k coins to 110.
Bids took a small drop, but there is no selling into them. Some whale pulled bids from somewhere else. Bids on 70 took a small drop from ~34k to ~30k.
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
164.
Post 2714787 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
It really seems like 1-3 whales are the sole reason for this rally. But I wonder how much cash they have left. They had at least $3mill/USD when it was just starting [70-80]
And once they stop - do we go down?
Their intention might be to stimulate rallying so they can sell allot higher
Yeah, but they'd be relying on 30k bids being above 80 [and getting every single one of them] to be pulling any sort of profit. [Since, if they have put their cash into coins, yet, they have at least 30k... maybe 40-50k coins.]
I suppose they could have bought just 10k and be using their USD to push it up. But thats a measly 200k profit. Why would anyone that rich care. Lots of work.
There are only 20k coins to 110.
Coinorama is showing 54k coins to $110 on gox
Whatever that is, it's wrong. You always post these hugely inflated numbers. I think you need to stop using that crappy site.
165.
Post 2714866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
i'm trying to figure out what value to place my tiny ask wall at of 25 coins
I'd try something like $102.84
But we may very well continue on to $110
Interesting discrepancy ... check coinorama.net ... showing completely different numbers <confused>
Yeah, its wrong. There only 110k total asks on Gox. 55k takes it to 133
And the sounds are nice. Wish it had a better graph of the bids/asks [with lag, or deltas] but its still very nice.
watching these walls and dumping start i hear in my head MEEP MEEP MEEP MEEP (trucks backing up)
Bitstamp and BTCE are dropping
This should be an interesting weekend, hope you lucky smart ppl got your sales in at 100+
Edit: i've made 4$ off this morning's movements
I have 0.5 bitcoins right now. I cant sell them, I hear they'll be worth 300k by the end of this year!
166.
Post 2715221 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Interesting discrepancy ... check coinorama.net ... showing completely different numbers <confused>
Yeah, its wrong. There only 110k total asks on Gox. 55k takes it to 133
Anyone seen that before ? I've been using and liking coinorama for a while as you can see BitStamp there aswell
Also has bitstamp [small arrow in top right]
But yes I've seen this before. It seems coinorama is accurate for a small bit of depth [like +/- $2] and then somehow becomes completely wrong.
167.
Post 2715258 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Hello 1k ask at 96.
Are we having the reverse manipulation now?
168.
Post 2715386 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Selloff to 93 now....this bullrun may continue yet, but if we drop below 90 its not going to be pretty
Just realised as well that these are low volume sells. Hopefully the big players don't start panic selling. One big sell can easily plunge the price back to mid 80s
I cant see it happening. Megabull still has plenty of money to manipulate us up, I bet.
169.
Post 2715466 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Selloff to 93 now....this bullrun may continue yet, but if we drop below 90 its not going to be pretty
Just realised as well that these are low volume sells. Hopefully the big players don't start panic selling. One big sell can easily plunge the price back to mid 80s
I cant see it happening. Megabull still has plenty of money to manipulate us up, I bet.
Thin bids tell me that the market is experiencing buyer fatigue though....mr whale may decide this is as high as the price gets for the short term and start dumping?
It'll be interesting to see how west coast americans react to this as they wake up.
Well, they might have gone to bed at $93 and wake up at $94... missed the whole rally to $104
Really though, it only takes about $100k USD to prevent this downtrend from continuing - for now. [Buy the 96 wall] and it looks like someone already tried to do that. Manipulation? Hard to say.
170.
Post 2716055 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
9k of new bids in 80. Looks like our friendly whale is still loaded.
171.
Post 2716278 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
" instantly purchase bitcoins from connected bank account for a 1% fee."
Seems pretty high to me.
172.
Post 2724038 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Please someone correct me if i'm wrong, i'm still learning, but i see a bearish wedge almost to conclude.
Should we be testing $80's soon? What do you think?
I think we might see $70 within 48 hours.
173.
Post 2725076 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
And that's the classic head and shoulders pattern....here comes the boom. Down to ~90.
Bid sum is at nearly a 2 week high, ask sum nearly a 2 month low.
Seems unlikely, but who knows.
174.
Post 2731405 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
93.00 - cheap. I would buy.
http://www.bloomberg.com/markets/economic-calendar/The US Treasury bonds are redeemed tomorrow, tell me what you guys think will happen to the dollar and btc / usd price if the yeild / interest rate goes up on treasuries ?
I'll tell you what, the USD will fall and the price of Btc will be higher. Might not be much but should be significant.
BUY BUY BUY
Don't ppl flock to cash when interest rates go up because of anticipated deflation? plz correct me if im wrong. I'm a very stupid person.
Hehe, yes, you fired all of your USD cannons at once. Now we have to wait for more ammunition when we could have had a steady barrage
175.
Post 2738436 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Not much longer now. The 12 hour chart is unbelievably bullish. The bears in the low 100s are going to be massacred.
12 hour chart? massacred? really?
I agree, everything thing I have is screaming upward, that this is only just the beginning.
It really does look like whales are waiting for scraps to show up in the 90s and low 100s, and buying them up.
The rate these asks fill back in has slowed slightly. This cant go on forever.
176.
Post 2738866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Nearly 3k market sell, pretty nice. Wonder if anything will come of it.
177.
Post 2738907 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Our friendly whales are still increasing bids. At least 15k of the 50k bids to 70 are them.
Wonder if they are real. No one really tested them since they began to push us up... and if they had, the whale would have been DAMN happy to get those cheap coins.
178.
Post 2741762 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.10h):
Someone is having fun flashing 500BTC at $97.5
peanuts...
The whales are probably laughing at his "call".
179.
Post 2742917 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Why do you keep saying XBT when almost everyone uses BTC?
XBT, BTC, Ƀ, these are all the same thing and you should understand them. The one that gets used most, will win in every day life.
Yeah, honestly, I think it's pretty clear which one is used the most, so having all kinds of alternatives only helps to confuse newcomers.
And bitcoin is confusing enough already if you are new to it...
To be honest, I thought XBT was Ripple until now
180.
Post 2748862 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Bitcoin grows on reducing its use.. yeah, seems legit.
181.
Post 2748997 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Bitcoin grows on reducing its use.. yeah, seems legit.
The more people horde, the more bitcoin goes up. This is a speculative market, so hording is a good thing, until adoption speeds up. (In which case we can expect another bubble, which may not be too far off.)
Or people will just buy altcoins and not pay exorbitant prices for the same thing? It isnt a good thing to have hording. Yes, $100 is $100, no matter if bitcoin is 1c or 10,000, but its room for growth is much different. Since all these coins are speculation & drugs, thats half of the battle.
And "weak hands" exiting the market are the people who might actually do economic activity with bitcoin, which is what will really cause growth.
Bitcoin grows on reducing its use.. yeah, seems legit.
The more people horde, the more bitcoin goes up. This is a speculative market, so hording is a good thing, until adoption speeds up. (In which case we can expect another bubble.)
Bitcoin in the hands of more people is what will grow its ecosystem.
Truth.
182.
Post 2749958 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Having money at MtGox I'm as worried as much as the last time this came up, not at all. The only annoying thing is that we're going to have to wait for SOME sort of withdrawal method to work for an impulsive downward move to occur. We're basically trapped in limbo where we can't go meaningfully up or down, and this applies to all exchanges.
BTW, do you know if Bitstamp worked with LR at some point? It seems that Citibank is using that excuse to bounce Gox's wires.
No clue. That's interesting to hear, can you point me to such reports? Are there any other such banks that we know of that block all MtGox transfers?
Perhaps Gox is cooperating with (or being coerced by) the buy whale.
Maybe Gox IS the whale
183.
Post 2755609 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Gap between gox and bitstamp now about 10$
Gap should be measured in percentage %. $10 now and around $50 is a different thing.
Yes you´re right. 10% now.
What was the largest gap we´ve seen ?
~90 vs ~110
184.
Post 2762635 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
nice little buy
Little? >5k
185.
Post 2762691 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
nice little buy
Little? >5k
1.5k, how is it supposed to be 5k if volume during past 20 min is less than 2k?
186.
Post 2766129 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Holy fckin bidwall. Is there any site that shows depth changes over time? I missed how big it was - well over 5k, guess it was a whale call? FYI its gone now, I saw it on tradingfloor graph and by the time I checked the actual bids it was pulled...
187.
Post 2787543 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
How does this happen? Edit: check the numbers
someone placing a sell order at a price lower then the last order that went through, I would guess
Wouldn't the sell # reflect that?
You arent making sense.
Someone market ordered to 96.
Someone else placed an ask shortly after for 95.5
No other orders had taken place.
Lowest ask: 95.5
Current price: 96
Very simple.
188.
Post 2809949 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.11h):
Im scared to be in fiat right now
lol
Every time 96 wall gets nibbled on, it gets reinforced.
189.
Post 2825974 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
IMO due to the discrepancy between the bid sum and ask sum, we should be already knocking at the 105 wall.
We are probably not there yet because there's still strong seller resistance above 102. Maybe tomorrow.
Its odd that the price is moving up so slowly. I guess this is a bit like falling thru the 90 wall on the way down to 65. Huge chunk of bids on orderbook eaten, price barely moved. Then all hell broke loose.
190.
Post 2835536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
You should probably let go, it's not good for ones health to be passive aggressive all the time. If you think it's not possible to profitably trade in the longer term (ie have an edge), I'm not sure why you're so drawn to speculation at all.
Noone's claimed he's a Cassandra. Trading is a game of probability combined with your profit/loss on each trade. Believe it or not, you can be wrong most of the time and still make money.
Did it occur to you you made ridiculous claims and were wrong 3 times in a row. How the hell is it possible you completely ignore this and just go on with your claims while its clear you know absolute shit all?
How does one do that? Don't you feel even a little bit stupid? Is there nothing inside you that says maybe i should stop acting like i know what Bitcoin will do because i don't? Don't you have any shame whatsoever?
i don't want to take side in whatever you two have going on.
but everytime Blitz is posting i expect a quote from you just because i got used to it.
the hero member status is by no means a badge for complete reliability, but it's good to see the perspective of people that are around this place for such a long time.
When I read through your post history with the ongoing fixation on Blitz and take the time in consideration you registered here...
after all this is a speculation thread so you don't have to take every word with a grain of salt.
He is a moderator. Which is crazy. He has no place on this forum as mod.
What, did you lose money because you blindly followed a bitcoin forum moderators market forecast? Yes, he is wrong most of the time.. but, I mean, its not like hes doing anything wrong in the SPECULATION subforum.
191.
Post 2835825 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
100% functional for me, and trades are going thru.
Cant believe there are only 79k asks.
Its kind of like when the bid/ask sum falls super low, its hard to imagine an end to the fall. But it always has to end. Cant wait to see what kind of showdown this will end with.
192.
Post 2836581 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Odd, asks have already increased 2k since that buy. I only say its odd because previous moves were met with no resistance. Probably means nothing, but maybe we are nearing the top..
193.
Post 2836731 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Someone ate a 1k chunk from 110. I think we might go a bit higher yet..
More dan dat yo. And der she blows!
194.
Post 2836837 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
there is little depth on the bid side, a 5k BTC dump would send us back to 104.
just someone wants coin really bad hitting up all the ask.
If they wanted it really bad they could have just put a wall up at 108 or lower and let it get eaten away at, because there's no reason to suspect it wouldn't. This seems more like either multiple whales fighting for coins, or someone with inside information that is in a rush to get coins.
Also, I think it's inevitable that of the almost 200 countries in the world, some of them are going to wake up to Bitcoin and have the funds to just mow down on them just like this and potentially put themselves at a massive financial advantage in the future. Kinda surprised it isn't already happening. For the cost of one fighter jet you could get yourself quite a few shiny bitcoins.
...? Yesterday bid walls were put up at 100 and high 90s after the rise.. and only about half eaten. Do you really think a bid wall at 108 would be eaten? 1k at 107 hasnt been touched. 109 got ate. And then the buyers continued.
There is no selling pressure atm.
195.
Post 2836867 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
there is little depth on the bid side, a 5k BTC dump would send us back to 104.
just someone wants coin really bad hitting up all the ask.
If they wanted it really bad they could have just put a wall up at 108 or lower and let it get eaten away at, because there's no reason to suspect it wouldn't. This seems more like either multiple whales fighting for coins, or someone with inside information that is in a rush to get coins.
Also, I think it's inevitable that of the almost 200 countries in the world, some of them are going to wake up to Bitcoin and have the funds to just mow down on them just like this and potentially put themselves at a massive financial advantage in the future. Kinda surprised it isn't already happening. For the cost of one fighter jet you could get yourself quite a few shiny bitcoins.
...? Yesterday bid walls were put up at 100 and high 90s after the rise.. and only about half eaten. Do you really think a bid wall at 108 would be eaten? 1k at 107 hasnt been touched. 109 got ate. And then the buyers continued.
There is no selling pressure atm.
109 got eaten fast, which means that if this was just one single person, they wouldn't be buying into walls, but rather just re-filling their 109 wall.
Except when walls are refilled, they stop being sold into. Unless its really small sellers, they can be dumb and continually eat at the same walls.
You dont sell with the anticipation that the price will, at worst, remain the same. People take bid walls because they hope its a good price AKA, near the top, AKA, the price will go down.
196.
Post 2836892 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
@solex: Personally I would imagine that its a few large groups that brought this rally on. Not 1 person, no, but maybe 2 or 3 groups.
It's climbing high on relatively low volume. Not convincing, is it? Someone's been working hard though to move the price up over the past few days. The question is why? And will it work?
Thats because there are no more asks...
It was 150k 3 weeks ago or so. Now just 73k.
197.
Post 2836930 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
i feel like more fiat could/should hit bitstamp
Well, 10% spread pretty much confirms this is a fear driven price increase [as any new non-whale buyers are unconditionally better off at bitstamp]
Then again, most of the buys are whales... Still, they could easily send 350k to bitstamp and claim and pre 110 asks, giving them an average price of $104/BTC versus... $111
198.
Post 2844662 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Asks up about 25% from the low, but still at a pretty weak 90k.
Bids only down about 7% from the high. Still room to go up?
199.
Post 2850971 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Hmm, small guys are taking us very close to megawall at 101. Wonder if they will trigger a larger sell, or laughed at for selling in low depth area..
200.
Post 2851213 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Sooo close to the wall, but still no one has eaten it.. hmm, give it a half hour..
201.
Post 2851548 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Wow, CampBX is $88.
Sellers there will regret it if a whale doesnt come in soon. They sure have a steady finger for holding off this long, if they have any intents to sell...
202.
Post 2853861 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Wow, CampBX is $88.
Sellers there will regret it if a whale doesnt come in soon. They sure have a steady finger for holding off this long, if they have any intents to sell...
Are you high? The 24 hour low on CampBX is 96.00. Put your contacts back in.
Oops, guess
http://trading.i286.org/ CampBX info ticker died. It still says 88, lol.
203.
Post 2857894 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
The ask sum / bid sum ratio tells me that we should drop to 101 - 102 soon, if no whale buy occurs.
If we have one or more whale buys, the price will climb to 107 - 108 and then slowly drop.
How does it tell you that? Bids and asks available on the orderbook are still quite bullish, compared to June/July. Regardless, its never a very useful tool as it doesnt show what isnt visible on the orderbook [most isnt..] and it can change very quickly.
204.
Post 2857955 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
For the bulls:
It's a longshot, but we might be in the mother of all head and shoulders:
The plot thickens...
Very nice prediction [so far at least]
Conrgrats
Lets hope you trusted your prediction enough to put your money on it?
205.
Post 2861024 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Actually, a lot is happening. Buyer pressure has increased, so now we have 2 scenarios:
1) a large whale dump that would take advantage of the buy walls, meaning we are deep in bearish scenario.
2) the start of the middle Elliot wave, in which case we'll see peaks of 110, 115, maybe 120.
Without the buy walls who hold for now at 101 - 102, the price would have dropped below 101, possibly below 100.
The walls have been steadily growing, but who knows if they are real or not (they could be pulled).
Where do you pull this shit from? Buyer pressure is unchanged until someone significant makes a move.
206.
Post 2861202 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Without increased buyer pressure, we would have dropped to 101 by now.
Just small players for now, but enough to delay or maybe revert (too early to tell) the drop to 101.
No more sellers is not the same as more buyers.
207.
Post 2867326 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
But this was at 103 before... so we don't have "more" bids... it just moved.
Originally there was 5k on 101. Now there is around 9k total bidwalls on 100.
Tell me buying pressure isnt increasing.
208.
Post 2875190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Mini-105 wall just popped up?
The numbers are different [500/1500 split] but in the end its basically half of the original 2600/2000 wall
If you watch the walls close enough, you can tell multiple if not all are one person. Most likely not all, but occasionally 101/102 might disappear simultaneously and then re-appear. So, its not too unlikely they are just cutting their "double wall" on 105 while still making it look like two people.
209.
Post 2878999 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
only 14k to 100. Down from 21k. Whats happening ?
Nothing yet, just a big chunk of the $105 wall got pulled.
volume suggests like it was sold into.
Heh, no, about 8k of bids are gone. No where near that much selling.
210.
Post 2879114 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
4 minutes, well here we go Six minute.
Eh, this has happened before, and it never ended up causing any panic. Now, if a whale sold right now, and Gox didnt fix the lag.. well...
211.
Post 2880159 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
4 minutes, well here we go Six minute.
Eh, this has happened before, and it never ended up causing any panic. Now, if a whale sold right now, and Gox didnt fix the lag.. well...
I think it caused a bit of panic on the 10th of April.
Long time ago with a lot more lag [in the hours]
212.
Post 2880781 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
I got all excited about a page 1403 and it was just someone complaining about a lack of posting activity.
FML
213.
Post 2886496 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Is this the part where we go, "STABLE AT LAST!!!" ?
214.
Post 2891144 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Seriously, if chartbuddy cant pull data for all points consistently, it has zero value. Its had missing points [and a lot of them] lately.
215.
Post 2891249 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.12h):
Seriously, if chartbuddy cant pull data for all points consistently, it has zero value. Its had missing points [and a lot of them] lately.
Please feel free to forward your complaints to MtGox for unless their API actually supplies the points, ChartBuddy has no way of obtaining them by telepathy.
There was a gap yesterday. The storms had knocked out power. ChartBuddy is on a UPS but when the internet is out, again, no telepathy.
Large gaps arent a big deal. Its the small ones that make a potentially useful chart useless.
Cant it try to poll a set again, if the first one failed, a few seconds later?
216.
Post 2891987 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Wednesday, August 22, 2013
$124
You do not believe we will touch 99?
hmmm,
its a good possibility,
if we don't break below 100 today, i'd say the mid term looks crazy bullish.
if we do break 100 today, mid term will still be bullish
this dump is what the market had been waiting for, the more coins we can get here the better, soon we will climb a little higher and wait for more dumbass bears to sell coins.
What worries me for example is that there are people like the guy who accidentally posted an mtgox screenshot with almost 13000 in BTC (1 million 300k USD (1300000 USD)) and 40k USD funds (which is 4k BTC at current price). And 14 open orders, so this is money that is actively used.
Thats a 30:1 ratio of BTC to USD which means that his BTC exposure is REALLY high, I don't think he will be buying more anytime soon. And if he decided to sell, he would bring us down to 94. He alone, the panic that would follow obviously would bring us further down.
What picture is this???
Also 40k USD is only 400 coins
217.
Post 2895377 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Whats up with the bid sum spike? I dont see any megawalls
218.
Post 2898576 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Whats up with the bid sum spike? I dont see any megawalls
me neither... there's a 9k wall at 90 which I don't remember whether or not was already there. But where'd the rest go, that's a 20k jump.
I watch the amount of coins needed to go down to $80 and as the price was sliding yesterday it dropped to around 44k coins, then it suddenly jumped to the 60k mark, so a good 16k+ coins appeared all at the same time basically. From my watching, $90 used to be about 5k and went up to 12k and a 1k wall became 5k at $91, so about 11k coins went on $91 and $90. At the time we were only about 2-3k coins down to $100 so most of the rest went to bulk up the $100 wall by about 3k and the last 1-2k went on $101 and $102. That's pretty much all of it accounted for, but we did slowly slide down from 60k coins to $80 down to 44k, then suddenly back to 60k in an instant, so it's down to 1 person i'd say.
its 44k righht now and still 13mill bids??? Weird. EDIT: Nevermind, 44k to $90, not $80! That explains it quite well then, the cash is on 90.
I thought maybe the dozen "500" walls in the low 90s were the source. I dont remember the smooth glide in depth charts.
That spike never receded, so 1.5Mill USD came on the orderbook at once, and it cant be found with any degree of certainty. lol.
219.
Post 2928295 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Wow, crazy bid/ask sum changes. 14m USD bids, we meet again
This rally aint real til 100k to 60. Only 98k! WEAK!
220.
Post 2929085 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Yep, not as good as the single 15k sell at 90 before that though
221.
Post 2929406 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
OK, so I see a bid of say 110.7
Then, someone steps in a places a bid at 111.7
Not, 110.70001...NO! It must be 111.7...a full $ higher.
So, who's trying to push the price up? Why? And for how long?
It's called panic buying.
It's either bozos or manipulators.
This much is true. If its a big wall, its manipulation or panic.
If its small guys, its stupidity. [If you are buying 4 coins, you will spend what - a dollar more for market order rather than offering the lowest likely to be filled bid? And since someone like that picks something pennies away from the lowest asks, they save much less than a dollar, while still risking the potential for a whale buy. Stupid.
222.
Post 2943289 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
what is the effect of this kind of bid-ask swapping?
I'm not sure it could either be just a really stupid bot with alot of coins or some kind of DOS.
It basically keeps the bid sum / ask sum ratio the same while filling the orderbook with "fake" orders.
Let's say the market starts trending down, which means people are creating more ask orders than bid orders,
now everytime someone places an ask order, i remove the same amount of coins from the ask side.
This would cause the orderbook to keep looking bullish while in fact it's quite bearish.
Or I could do the opposite and create fake orders everytime someone removes an ask order, the orderbook would look the same while in fact it's pretty thin on the ask side.. If i'd want to do a whale buy I could pull all my fake ask orders and I'd just have to buy the little rest of "real" ask orders.
This would require alot of coins though and I'm still not sure if I believe there's someone messing around with >$3m.
Impossible, because the price points are the same. To maintain the bid sum, you would never be able to have the exact same bid price as the person adding their own bid there.
Also, I dont see anything odd at all in chartbuddy. Bitcoinity is its typical terrible self and showing things that arent happening as happening in its chart. Its been doing that for weeks [Constant Add/Removal of walls]. Almost every time, it never happened.
223.
Post 2954198 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Wall to $100 was 30k BTC this morning, 45k BTC now, are all the new 1k walls the same guy?
Almost certainly yes, and probably the guy who made the purchase that brought us up in the first place
224.
Post 2961778 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
Only 48k coins left on the Ask book on gox according to clarkmoody?
Lots of panic buying to move wealth out of the place...
this. people fed up with mtux not getting his shit together and leaving for good, taking the price higher and higher in the process.
other exchanges follow with a lag.
this could ignite quite a rally we can then "thank" magicaltux for.
Its 60k, but yes, its still pretty incredible.
225.
Post 2968599 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.13h):
1K bidwall at 120 just went up.
Yum.
226.
Post 2983303 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Bear tantrum lol.
There is definitely a lot of downward pressure compared to the norm, but also a lot more upward pressure.
I wouldnt be surprised to see a 5k buy.
227.
Post 2983386 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I wouldnt be surprised to see a 5k buy.
If my math is correct (it is not easy to do it with regard to 3 exchanges while using no software for it, just eyeballing) such a buy should not happen before price dives to 106 - 105.
But a guy who has cash for a single 5k buy surely has better math than me.
Disclaimer: I am not telling 125 is the top, neither am telling the price will dive to 106 -105.
Well, I mean, we've had the price recede from ~125 a couple of times now, and every time some large buy has taken everything leading up to the once 6k 125 wall. Nothing says it cant happen again. Now, 5k exactly? IDK.
Regardless, the walls have been pulled and unsurprisingly belonged to a single party.
228.
Post 3015912 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Someone sold about 3k... hmm.. unexpected so early in the "rally"
Or is this the end? lol
229.
Post 3015986 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I guess everyone is confjavascript:void(0); ???used... very low volume. Bids are filling slightly quicker than asks but not by much...
230.
Post 3016153 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Damn. Maybe that meeting went well.
Hehe, I like this so far. Aside from failing and selling at 124 and rebuying 126.5, sold 128.8 and bought back 126 xD
231.
Post 3016213 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
If you mean that I'm waiting for sub 60s since 2 months ago, you are mistaken.
I sold at 120 after buying at 110, and shall buy again at the bottom of this upcoming drop,
because I believe that price will rebound enough to make a profit.
As for sub 60s, it's too early to predict that as capitulation price.
If Gox $ withdrawals return to normal (maybe, maybe not, I don't know), then a bottom at about 60 is possible.
How is that working out for you, mr iknowitall? Please let us know.
Seemed plausible.. I mean, everyone makes mistakes. Currently I bought at 126 thinking it was a deal and now we're below it.
Stop hating on anything that isnt saying we're going to the moon. Tomorrow.
50k coins to $90... 50k coins to $300
Doesnt really matter.
232.
Post 3016739 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I dont understand.. if the news was bad and bitcoin was going to drop... why havent we seen dumping on the exchanges with working USD withdrawals? It has been long enough for that by now.
233.
Post 3020853 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
400 coins between 125 and 118... lol
234.
Post 3022071 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
These the largest walls gox has ever had?
Hehe, no. We've seen 14k at once if you go by BTC. Perhaps 2Mill on 80 at another time. But this is very close, USD wise.
235.
Post 3022149 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
125 wall just collapsed
the guy is gonna buy at market now?
Wrong. Stop using Bitcoinity! Its WRONG, ALWAYS WRONG.
The wall never moved.
236.
Post 3022176 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
125 wall just collapsed
the guy is gonna buy at market now?
Wrong. Stop using Bitcoinity! Its WRONG, ALWAYS WRONG.
The wall never moved.
What you using?
237.
Post 3022284 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
What do the bars mean on that graph?
238.
Post 3022337 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
What do the bars mean on that graph?
looks like the sum of all bids or asks for each price range.
Exactly. Not very precise but it give a rough picture. What I really like about this software is that it connect directly to MtGox API so the latency is lower than the usual charting website. I use it in conjunction of bitcoinwisdom.com
Cant be, its completely random. A 5k wall has no effect, a 300 one does. Either so terrible programmed that its useless, or being misinterpreted.
239.
Post 3022352 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
What do the bars mean on that graph?
looks like the sum of all bids or asks for each price range.
Exactly. Not very precise but it give a rough picture. What I really like about this software is that it connect directly to MtGox API so the latency is lower than the usual charting website. I use it in conjunction of bitcoinwisdom.com
Cant be, its completely random. A 5k wall has no effect, a 300 one does. Either so terrible programmed that its useless, or being misinterpreted.
What? Both column are independent. Look at the price.
Huh? Look at this bids and asks in each set. You will see a small 200 bid have a huge impact on the bar length, and a massive 6k one do nothing
240.
Post 3022370 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
What do the bars mean on that graph?
looks like the sum of all bids or asks for each price range.
Exactly. Not very precise but it give a rough picture. What I really like about this software is that it connect directly to MtGox API so the latency is lower than the usual charting website. I use it in conjunction of bitcoinwisdom.com
Cant be, its completely random. A 5k wall has no effect, a 300 one does. Either so terrible programmed that its useless, or being misinterpreted.
What? Both column are independent. Look at the price.
Huh? Look at this bids and asks in each set. You will see a small 200 bid have a huge impact on the bar length, and a massive 6k one do nothing
Because the set on the left is not on the same scale as the one on the right. Both columns on the far left are not parallel to the two on the far right.
Ohh, crap. Yeah, thats really stupid. But at least it explains it.
241.
Post 3023529 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Looks like someone is banking on this small downward pressure with a constantly replenished 500 wall. I wonder if they figure if they put up all their cash as, say, a 2k?3k?10k? wall would prevent it from being sold into. So far its eaten a couple hundred and still holds up at a flat 500.000000
EDIT: Out of funds, sold into the last of it. Probably ~1200 or so.
242.
Post 3043121 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Here we go!
243.
Post 3043151 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Phew, had my ask at 133.8.. managed to get a buy in at 131.75.
Gox is lagging hard.
edit:nvm
Wow, resistance? That was unexpected.
244.
Post 3043212 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I would love to know who is throwing around this kind of money. Already supported @135 with 1350. sheesh.
And sold into, with a 1400 ask afterwards.
Now, 2450bid on 134.36
245.
Post 3043281 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I would love to know who is throwing around this kind of money. Already supported @135 with 1350. sheesh.
it might be a few bots following each others lead, break the triangle and poof all the bots believe bitcoin should now be worth more.
Something tells me thats not it [Both the break thru 125 and now the break thru 135 were 2 separate 5k buys, totaling 10k market order each time.
BTW, our friends removed the walls on 125/127. Maybe this is the last of their cash. Sure are desperate to get BTC...
246.
Post 3043290 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I just realized, if you are on MTGox, you can see where the buy ended, despite the huuuge lage. This one ends 138.
247.
Post 3043348 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
BTW, our friends removed the walls on 125/127. Maybe this is the last of their cash. Sure are desperate to get BTC...
Where are you seeing this? Clark Moody is useless right now. Bitcoinity still shows them. What site is actually functioning properly during this?
Correct
BTW, my ClarkMoody shows the walls are gone - but I know this website is highly inconsistent. My phone still shows them. PC doesnt.
!!WOW
248.
Post 3043371 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Am I the only one scared right now? I mean im 100% BTC, but.... uhh, this rise... its.. there are no more coins after 150.
249.
Post 3043420 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Call: Sell north of 142 buy again around 138 in 2 days or less.
This seems like a good call to me.
250.
Post 3043427 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Am I the only one scared right now? I mean im 100% BTC, but.... uhh, this rise... its.. there are no more coins after 150.
They will pile up in new walls, always happens.
But that just it, they never piled up at 135. At 125, there was some resistance.. but no more. Its all bought by the whales xD.
251.
Post 3043654 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
bears are now committing suicide
this is bullish!
lmao, i cant believe someone sold to 135! i got out at 140 at the nick of time and back in at 136 xD
i bet the whales are shitting themselves at the stupidity of that market sell order.
252.
Post 3043752 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
^What rock have you been hiding under?
Avalon transferred the returns for all the batch 3 customers yesterday...this is yesterdays news.
Seems like big news to me. Also 2k asks have already appeared to get to the daily high. On top of quite a lot of market sells.
I think we are nearing the top.
253.
Post 3043797 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Well at least your name has "derp" in it....that's something of a consolation to me.
Only some time will tell us if this will last....I'd say we slide back a bit from this then move up again next week.
You guys can try to fud this down again all you want....it will do what it will do.
Its the speculation thread. Im 100% in BTC, and simply stating im not sure of my position.
254.
Post 3043884 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
i'm betting we hit 120 before we hit 150. I've been consistently wrong thus far.
Knowing that doesn't help -- if i change my bet, that would be wrong too.
Let's see what happens when *others* use my inevitably -wrong prognostications
lol, market is approaching my entry point
(
megawhale, buy again! im scared! take my coins!
255.
Post 3044233 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
What the hell? Did I miss something?
just more millionaires who want out of bitcoin. Only way to do so is buy on gox, lolol. stupid whales.
we are crashing to single digits once fiat dries up.
sidenote: lol @ pathetic depth on bitstamp. This is the competition to Gox? lolol. It's sole purpose is clearly to cash out. not good sign of a healthy competitor.
... to get out you've got to sell somewhere else. Where are the dumps? Other exchanges are following not diverging. During whale-less days, BitStamp is seeing steady or slowly rising prices with > volume than Gox. If whales are selling slowly, we'd be seeing these exchanges fall. Bid depth too small, so whales wouldn't sell ANYTHING? That's silly...
Volume is low during downtrends, higher during uptrends.
Keep beating your drum, you might be able to buy your 5 coins back soon :-)
I see that as well. You would expect if this rally were to get out of BTC, then it would be sold elsewhere..
Unless they arent worried that an imminent Gox collapse would cause a price drop [maybe it wouldnt?]
Or else, are simply waiting for fear @ gox & for the price to rocket before exiting.
256.
Post 3044337 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
What the hell? Did I miss something?
just more millionaires who want out of bitcoin. Only way to do so is buy on gox, lolol. stupid whales.
we are crashing to single digits once fiat dries up.
sidenote: lol @ pathetic depth on bitstamp. This is the competition to Gox? lolol. It's sole purpose is clearly to cash out. not good sign of a healthy competitor.
... to get out you've got to sell somewhere else. Where are the dumps? Other exchanges are following not diverging. During whale-less days, BitStamp is seeing steady or slowly rising prices with > volume than Gox. If whales are selling slowly, we'd be seeing these exchanges fall. Bid depth too small, so whales wouldn't sell ANYTHING? That's silly...
Volume is low during downtrends, higher during uptrends.
Keep beating your drum, you might be able to buy your 5 coins back soon :-)
the poor whales CANT sell on alt-exchanges because they have no depth and would cause massive slippage. Whales would eat huge losses. Instead they cling to bitcoin hoping price keeps going up as other desperate whales buy on gox, eventually there might be enough depth on bitstamp so that loss is minimal (few percent). I think it is wishful thinking.
Fiat dries up, we rocket upward, then crash to unbelievable new lows. Single digits my friends.
I want Jaroslaw back, he isnt as scary
257.
Post 3045122 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Ohmagah do i sell naow or is this bear trap?
258.
Post 3045129 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Ohmagah do i sell naow or is this bear trap?
herpa der dper derp harper derp derpa herp herp! herp? derderpaherp, daherp!
you are welcome
Its all so clear now! I have seen the light! Thank you, Walsoraj!
259.
Post 3045264 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.
Parabolic Rise 2.0, Yes please
No, please hold the rise until im sure of my position and get more money.
K,thx,
true derp.
260.
Post 3045634 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.
Parabolic Rise 2.0, Yes please
Volume was far more substantial in april. Any given day was typically over 100k. We peaked over 550k. March and Feb were also way more active, I'd say 50-100k, avg day.
This is more or less correct. Volume in April at this price level blows current volume out of the water. Not much panic buying to be seen.
Lying does not help your case.
Since the price was only ~130 for a short while during the run up, I did 2 weeks until the 9th [10th/11th screwed up volume chart legibility.. for obvious reasons] and 2 weeks until today. Both @ 6hr intervals. Clear differences.
261.
Post 3052814 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Am I the only one having trouble loading most bitcoin related websites? I can barely get them to work on my computer. They dont function at all on my phone or laptop.
Im just wondering if we've hit the peak and its DDOS time. Looks like its starting to push down right now.
262.
Post 3052841 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Damn the order book canyon is really thin, the last time at this price is was much deeper.
Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive...
263.
Post 3052965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Am I the only one having trouble loading most bitcoin related websites? I can barely get them to work on my computer. They dont function at all on my phone or laptop.
Im just wondering if we've hit the peak and its DDOS time. Looks like its starting to push down right now.
Mtgox and Bitstamp is for fast accessible for me, so no panic. seems like it is a problem at your provider.
Hm, well its Verizon 4G and regular time warner internet, which both function fine on all websites.. except Bitcoinity, Clarkmoody, Bitcoinwisdom, bitcointalk, blockchained.com, trading.i286
weird. Im ready to go into panic mode but I have to be at my computer to do so lol.
264.
Post 3053058 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Damn the order book canyon is really thin, the last time at this price is was much deeper.
Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive...
well, you must be quite mad right now.
Not so much mad that its going down, just that I was dumb enough to panic buy at 146.
265.
Post 3053111 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Damn the order book canyon is really thin, the last time at this price is was much deeper.
Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive...
well, you must be quite mad right now.
Not so much mad that its going down, just that I was dumb enough to panic buy at 146.
I know the feeling, this is why i've stopped day trading for a while now. I've only suffered two small losses from it (which came out of my original profits), but that was enough to make me ragequit. My theory is there will be a point in time when some extremely bullish news arises. This is the point where everyone will go balls deep, so in the mean time i'll be watching for that point of entry like a hawk.
Yeah, everything I've got is mined. But I have done pretty poorly trading in the past. Right now I was up 20% and am still up - down a few % compared to buy&hold. Its just really hard to look at the orderbook right now and feel like I made a good decision. Usually after big buys I'm smart enough to find a reasonable entry point... but, I was dumb, kept 1-upping another player's bids, and just settled for a market order.. lol. Then shortly after I could have entered at $143.. or, now, $140. Plus I missed the sells at $148 :/
Just hoping I can get a nice exit in the high $140s and then it tanks, so I can stock up on bitcoin.
266.
Post 3053227 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Phew, recovery
Or so I hope... come on, hit my ask at 149!
267.
Post 3053328 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
268.
Post 3054098 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
I'm calling a peak at $139 USD and then a correction back down to $110.
Does not compute.
269.
Post 3057722 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.
in case you missed it..
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like
Richard Bove or
Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.
<insert image of bull here>
No offense but i've seen the same type of posts over and over again in every part of the forum.
In the end none of them ever delivered.
Tru dat. 100% BS as always.
270.
Post 3060770 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
1.7k ask wall on 145.5.
271.
Post 3060820 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
1.7k ask wall on 145.5.
And gone again just like that.
Hmmm. More manipulative hijinks or a quickly corrected mistake? Rogue bot?
Im waiting to see it show up as a market order sell. I think if it happens, we'll fly thru 140, unlike last time.
--Still holding on to my $146 coins.
272.
Post 3061323 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
This whole rally from $100 is pure manipulation
May be manipulated higher for sure, but on this volume, with no obvious new money, when the rug is pulled it will fall far and fast
So what? There are no bailouts in this market. The "manipulators" are risking real (well fiat LOL) and large amounts of money. In this market they can lose just like everyone else, and they stand to lose a lot if the market goes against them.
Did you think they can do whatever they want without the possibility of a bigger fish (or an entire school of minnows) gulping them up?
+1. Exactly this. I don't see anything bad about "manipulation" if the manipulators have to suffer the consequences of their actions.
Well, thats where it gets iffy. A large enough whale can drive the market wherever it wants. It doesnt have the same risk a smaller trader has.
273.
Post 3061353 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
This whole rally from $100 is pure manipulation
May be manipulated higher for sure, but on this volume, with no obvious new money, when the rug is pulled it will fall far and fast
So what? There are no bailouts in this market. The "manipulators" are risking real (well fiat LOL) and large amounts of money. In this market they can lose just like everyone else, and they stand to lose a lot if the market goes against them.
Did you think they can do whatever they want without the possibility of a bigger fish (or an entire school of minnows) gulping them up?
+1. Exactly this. I don't see anything bad about "manipulation" if the manipulators have to suffer the consequences of their actions.
Well, thats where it gets iffy. A large enough whale can drive the market wherever it wants. It doesnt have the same risk a smaller trader has.
Like the Hunt brothers, for example? How did that work out for them?
Much bigger market
Thats why its possible in bitcoin, at least for now.
274.
Post 3068134 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.14h):
For those wondering where the 136 wall went, chartbuddy IS your friend.
Looks like this is the end of this particular whale's cash. Unless he knew something, and we are going to rocket up in these coming days... its time to go back down. No one is buying at these prices, all cashing out. Bid depth? None.
Hope I'm wrong, still holding on to my $146 coins.
275.
Post 3077376 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
This waiting game is awful. No whale bidwalls to re-assure us; no whale asks to scare us. Nothing. Its just a game of waiting for the first massive market order followed by a wall. Market buys that dont cleanly take us over 150 seem irrelevant to the market right now. So, if the price really does go up, its probably going to have a bid wall on 150, leaving anyone who sold below 150 stuck buying back at a loss if they desire.
And I'd imagine if someone decides its time to go down, we'll have a nice ask on 140, since there is no depth below that.
A 10k sell takes the price to 130.. another 10k? 119... Another? 110. No depth above 120. Its just weird it hasnt filled in at all over these past few days. Murky waters are expected following such huge price changes, but its had time to build.
Anyone have some opinions? Is this just a 125 repeat where just when market sentiment flips, "they" buy, or are "they" done?
276.
Post 3081955 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
right now a selloff on bitstamp is drawing mtgox down. The position at 143.6 is being sold of peacemeal (and slowly, there still isn't any volume on gox).
Volume on bitstamp is much higher than on gox right now
.
People are becoming impatient with this whale who probably isnt going to come to the rescue.
277.
Post 3082060 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
right now a selloff on bitstamp is drawing mtgox down. The position at 143.6 is being sold of peacemeal (and slowly, there still isn't any volume on gox).
Volume on bitstamp is much higher than on gox right now
.
People are becoming impatient with this whale who probably isnt going to come to the rescue.
Right now a pullback is the only thing that can ensure a sustained rally. Buy whale will be shy as long as it looks like his volume will contribute to increasing slippage to the upside.
a 10k buy right now moves the price a similar amount to what it did at 125 and 135. Plus, there have been 2 or 3 large market orders that have already eaten a great deal of coins at this price range [~9k?]
278.
Post 3083022 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
LTC going nuts
This has happened before. LTC dumps often follow BTC crashes. just wait.
And down LTC goes
279.
Post 3083380 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Man I knew I shouldnt have rebought at 136
So terrible, I am!
280.
Post 3083465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Man I knew I shouldnt have rebought at 136
So terrible, I am!
Better than a guy who probably still holds at $146. Don't worry, $140 is not so far away.
Yes, lovely manipulators saved me from tearing up
Man I knew I shouldnt have rebought at 136
So terrible, I am!
Don't worry. Price is still higher than just a week ago.
I bought in at $120. Sold $143.5. Bought back $146. Sold $139. Bought $136.
Im not very good at this
281.
Post 3083578 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Man I knew I shouldnt have rebought at 136
So terrible, I am!
Better than a guy who probably still holds at $146. Don't worry, $140 is not so far away.
Yes, lovely manipulators saved me from tearing up
Man I knew I shouldnt have rebought at 136
So terrible, I am!
Don't worry. Price is still higher than just a week ago.
I bought in at $120. Sold $143.5. Bought back $146. Sold $139. Bought $136.
Im not very good at this
Oooh that $146 holding guy was you
Hey dont be mean, some whales bought in to 148.9!
I can say I did better than todays current "biggest loser"
282.
Post 3083688 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
283.
Post 3084052 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Hey guys!!! I just got a call from a place called "White House", from a guy called Baraque, or something like that. He says he plans to buy btc worth 2 trillion (!) USD, as soon as his money arrives on mtgox. That's mega good news, right?
This is lie,
I receive telephone call from Tyler Twinklefloss, he tell me that all his coin are awaiting confirmation on Mt.Gox. He have Est. 40,000(!) bitcoin he intend to market sell IMMEDIATELY.
He say if price doesnt fall to single digits, he will buy more and sell them to bring it down.
Everyone, please sell now. I warn you! Should only be a few hours before its confirmed by the network..
284.
Post 3084109 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Hey guys!!! I just got a call from a place called "White House", from a guy called Baraque, or something like that. He says he plans to buy btc worth 2 trillion (!) USD, as soon as his money arrives on mtgox. That's mega good news, right?
This is lie,
I receive telephone call from Tyler Twinklefloss, he tell me that all his coin are awaiting confirmation on Mt.Gox. He have Est. 40,000(!) bitcoin he intend to market sell IMMEDIATELY.
He say if price doesnt fall to single digits, he will buy more and sell them to bring it down.
Everyone, please sell now. I warn you! Should only be a few hours before its confirmed by the network..
I told you not to panic.
I PMed all my subscribers (before the crash) telling them not to panic if price would fall.
I guess everyone interpreted that as "sell now its going to crash"
Hey, I've been saying I thought it would go down for awhile. Yesterday I said if it went to 139 it wouldnt stabilize there and would fall more.
That happened. But I didnt act on my opinion. So, I lose quite a lot.
285.
Post 3084229 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
I think chartbuddy would be more useful if the first datapoint would be copied over to the end, making it so you can see the actual changes in 1hr.
Of course, if the price drops $10, then its going to be a bit sloppy, but it helps in... almost all other charts.
@adams - WHAT, what happens? MAKE ME MONEY, I NEED TO RECOUP!! :{
286.
Post 3085369 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)
Thank you for sharing, I dont feel so bad now!
Are you serious though?
But uh, I sold at 133 again after buying 136..... and didnt rebuy 127. I had a buy 127.27 [no joke], but pulled it... bottom? 127.24.
FML.
287.
Post 3091201 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
May the selloffs... Begin.
Gg bitcoin
Nore.
288.
Post 3091456 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
it actually says in the article that brute forcing is part of the attack.
289.
Post 3096164 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Selling 133 doesnt feel quite so bad anymore... but, I think this is going to go nowhere.
Regardless, bids around 121.5!
I hope for the best..
Meaning whats best for me. Fall to 121.5X and then super-whale brings us up to 150
290.
Post 3098133 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Those bastards missed my bid by less than 70c God damn it. I even had my bid at 122.50 and then moved it back $1!!! Fml, now if my bid gets hit we probably go through 120.
291.
Post 3098585 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Wow, my bid was hit and the price is rising. This can mean only one thing. The price will collapse within 45mins; before i am able to get on my computer and sell.
292.
Post 3099229 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
So was 121.25 the bottom? This rise to 125 is just a suckers "rally"?
To me it looks like the bid and ask is much healthier, and if it werent for the rise to 150 being so manipulated, I would imagine the price would creep back up from here..
buuuuut, considering that, maybe there is much more room to fall..
293.
Post 3104117 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
past performance does not guarantee future resultsI looked at the past price action and I have not seen an example where correction this strong did not break a short trem uptrend. April bubble on the picture.
Personally I think its going to bottom out around $114 some time next week, but of course... I'm usually wrong.
As a side note, my buy was 29c from the bottom. I dont feel bad about moving my bid from 122 to 121 anymore
I sold at 128.74 - definitely did not expected to go to $131. However I think thats the short term top. At least, I hope it is...
This volume is spectacularly boring.
294.
Post 3111310 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Does anyone know if it's possible to buy an adaptor cable which plugs into a motherboard's PCIe x16 slot, which then has 16 PCIe x1 slots attached to it, one PCIe lane each? I was wondering if it might work out cheaper if in addition to my expensive gas boiler I was to heat my house by Litecoin mining. Almost all the power used by the GPUs is lost as heat, but in winter heat is something I want and something I would have to pay for anyway. This would in effect be a noisy and bulky fan heater which generated both heat and money, the heat would make up for the fact that LTC mining uses a bit more electricity than the value of the LTC it mines.
Every calorie of heat the mining machine blows out is a calorie my boiler doesn't have to produce. Obviously there's the component costs too, those would have to be second hand, such as old HD5870s which work fairly well but aren't very expensive any more.
Maybe I could find a way to create such a cable if they're not commercially available
Do you mean like this?
http://compare.ebay.com/like/190859065774?var=lv<yp=AllFixedPriceItemTypes&var=sbarWhat would the purpose be [I mean, its making heat either way?]
295.
Post 3111533 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Does anyone know if it's possible to buy an adaptor cable which plugs into a motherboard's PCIe x16 slot, which then has 16 PCIe x1 slots attached to it, one PCIe lane each? I was wondering if it might work out cheaper if in addition to my expensive gas boiler I was to heat my house by Litecoin mining. Almost all the power used by the GPUs is lost as heat, but in winter heat is something I want and something I would have to pay for anyway. This would in effect be a noisy and bulky fan heater which generated both heat and money, the heat would make up for the fact that LTC mining uses a bit more electricity than the value of the LTC it mines.
Every calorie of heat the mining machine blows out is a calorie my boiler doesn't have to produce. Obviously there's the component costs too, those would have to be second hand, such as old HD5870s which work fairly well but aren't very expensive any more.
Maybe I could find a way to create such a cable if they're not commercially available
Do you mean like this?
http://compare.ebay.com/like/190859065774?var=lv<yp=AllFixedPriceItemTypes&var=sbarWhat would the purpose be [I mean, its making heat either way?]
Your boiler is more efficient as a heater than some GPUs.
Similar to that cable, but to plug into a motherboard's PCIe x16 slot at one end, and split into 16 cables with one PCIe x1 adaptor on each of the other ends to connect to 16 graphics cards. The amount of data needed by each card mining can easily be sent through a single PCIe lane, after all the BFL 7GH/s vapourware miner that I've had on order forever uses a USB lead which is even slower. (Where's my damned ASIC then, BFL?)
As for efficiency, consider it like any other machine for a moment, forget about data because that's not quantifiable in this way. The card uses a certain amount of power, say 250W perhaps. now where does all that power go? The amount of electricity used by the PCIe interface is very small, the same goes for the video output cable. This means that the bulk of the power is going somewhere else. There are only three other ways for the power to go, remember that energy can neither be created nor destroyed, it has to go somewhere. Those three ways are heat, noise and into kinetic energy from the fan and the air that it moves. The moving air and the spinning fan will lose their energy as heat from friction in the bearings and against the air in the room, there's no other place for it to go but that's only a small proportion of the energy that the card uses anyway. The noise isn't like a stereo turned right up (for a single card anyway!) so that can't be using a lot of energy either, and the sound vibrations in the air will also convert into a small amount of heat as the atmosphere in the room or the bricks in the wall absorb them. This means that almost all the energy goes directly into the heat lost from the GPU itself. Even the electrical signals absorbed in the motherboard and the monitor will eventually be lost as heat too. So this effectively means that all the energy that goes into the card becomes heat from one source or another, the only lost energy is from any sound which escapes the building and loses its energy outdoors, which will be negligible.
So, given that virtually all the power used by the card must become heat inside the room, that means that it would produce exactly the same amount of heat as an electric fan heater that used the same amount of power, so it would cost the same amount of money to run it. The fact that whilst it's heating the room it also generates Litecoin is bonus, and when that's counted against the electricity bill it means that a mining rig is a cheaper way to heat a room than an electric heater is. Of course though this still leaves the cost of the equipment, which is the only thing which can make it work out more expensive overall, that's why getting the parts cheaply is vital.
Anyway, I like tinkering with electronics so it's something to occupy me during those long winter nights.
Of course though there's still the issue of whether the noise will drive me insane!
Well gas is about half the cost of electricity when it comes to heating. Im not sure if litecoin gains would outweight it, at least at current costs. I mean, looking back, a 7950 was making something like $20/day at point. If you sold at todays prices. Back then? Pennies?
296.
Post 3114361 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Damn it, knew I should have bought last night at 124! The damn graphs even told me in my sleep, BEAR TRAP!!
Now, please, bears. Sell down to 114 so I can be in bitcoin again
Er, damn, bears fighting back. As expected. 135 was too far too fast on too low volume.
297.
Post 3118940 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Ok, I'll give it a shot:
let's say you wanted to buy a huge number of coins in the near term, but the ask volume means if you buy them all at once, the end price is more than you want to pay. How do you shake some bitcoins loose from the ask tree?
Maybe, you buy ~1/2 of what you mean to buy in one fell swoop, and then put up some large bids and wait.
People sitting higher up on the ask side think "Hm, looks like the activity has peaked and may start to go down. Nice looking bid wall going, guess I'll grab some quick profit." and proceed to sell to the exact same whale that started the whole thing off.
Which raises the question of exactly how many more coins does the whale actually want to buy and at what price. I think if they have a target price north of $135, there are going to be some very unhappy bears soon.
(If my past prediction record is any indication, this means you should sell immediately.)
That's my guess; the whale(s) are buying about a million $ a week. That's probably all that they trust on Gox at one time. The pullback on Gox is pretty natural after the kind of runup we've seen, OR maybe it is just that arbitrage is finally happening. This whale put up that wall at 135 because that was his average buy in price. He put it near the money. HE WANTED it to be eaten. He WANTS coins.
The whale is NOT supporting the price during the week. He is happy to disappear for a week and hope the price goes down. This is the behavior of a real long term investor...
Right now, I think it is very risky to sell. But at the same time, there's lots of coins being mined and in theory these ASIC owners need to sell to recoup their investment. There may be a large hidden ask at this price and this whale is only eating half the generated coins per week... but of course there are a lot of smaller investors adding demand.
What do you mean 135 was his average price? It wasnt. It was more like 132. A bid wall at the top of your market order, when moving the price that much, doesnt make sense. Doesnt mean it was manipulated or anything, just that he would have gotten sold into at 134, 133, and probably even 130.
298.
Post 3119232 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and
BAM! the price is driven over $1,000 instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.
We haven't seen nothing yet! If you think April was volatile, just wait...
I'm sure it will happen again.
You're a little confused if you think 20 mill would take the price over 1000.
Our friendly whale who put in about 4 mill brought the price up from $1XX to $148.90. And thats with a few more million from other people. So, 8 mill -> $40
But 20 mill [and lets say, 40 mill] -> +900? Dont think so.
Of course if your friend grandma is braindead and clicks market order 20millUSD, then yes, around 10kUSD/BTC spike.
There must be a reason most mega-wealthy people have bothered to put a couple million into bitcoin.
299.
Post 3123266 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
People aren't scared of DDoS anymore. if there is a dump beforehand, yes. But this wouldn't scare me at all if i were in BTC,(and I'm not; nor am I excited to be in fiat) unlike months ago where id be frantic.
DDoS has been overdone. Need at least a couple thousand dumped to make anything happen
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Post 3123389 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
something is happening!!!! Look at this
Wow!
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Post 3123524 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
something is happening!!!! Look at this
[...]
Wow!
Below is my hypothesis / speculation (nothing more than a speculation of an old man) from yesterday of what I though MIGHT be possible today / tomorrow. I put my buy order aggressively low.
We'll see what happens if Gox's feed works again
If i saw only the asks abruptly rising, maybe. But bids just went up $1mill. And bid sum is much better indicator of health than ask sum. We will see. My bid at $114 hasn't been hit, and my secret gox last price thing still hasn't budged.
302.
Post 3126581 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Well.. it didnt really take more than a glance at market share pie graphs to show gox is dying.
I really wanted gox to stay as their incompetence causes volatility.. but, I mean, those fuckers dont deserve a penny. Awful platform, support, etc.
303.
Post 3127260 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
something is happening!!!! Look at this
[...]
Wow!
Below is my hypothesis / speculation (nothing more than a speculation of an old man) from yesterday of what I though MIGHT be possible today / tomorrow. I put my buy order aggressively low.
We'll see what happens if Gox's feed works again
Sliding down... tell me Loozik isn't right... Again
304.
Post 3129513 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
single 7,5k buy... record?
Depends. There was a 10k buy at 125, but split into two 5k orders executed seconds apart.
Also a single 15k sell at 95 on the way to 60 a few months ago.
305.
Post 3129696 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
So does everyone think we rocket up from here?
Bids sure are taking off, asks arent filling in very quickly...
Of course, 14mill in bids still isnt all that much. Im still really 50/50 on whether or not we make a real rise from here [Something like 150 is almost certain] or push back down to ~110
I think if the price does go up, its solely because of people stocking up and storing them. Not that it invalidates it, just that instead of being demand there is just less selling pressure.
306.
Post 3132348 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Are there actually any whales on this forum, that contribute and read what is written? If not then everyone here is just guessing what is going to happen next with very little actual knowledge more than what they perceive to be common sense
Yes, at least 2.
Jaroslaw had around 100k but sold them in the bear trap of June. Walsoraj happened to be the one who got most of his coins.
307.
Post 3132429 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
I wish it didn't notify me everytime an ignored user posts here.
Also, i think we're outta steam, i'm all fiat (not any one paticular) ATM.
How can we be out of steam with people like you and me waiting for a dip?
308.
Post 3132634 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Oooh, almost back to the price I bought in at =/
Lolol almost $20 up from where i sold
309.
Post 3133192 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
I'm out at $126.76 on Bitstamp - can't see it going higher and I need to take profits as I'm down on trading over 6 months. Will sit down this weekend and work out whether I'd have been better off if I'd bought at held up to this trade, I suspect I would be
Sounds insane to me, bit good luck!
310.
Post 3133951 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Damn, that is crazy. Its actually [At least, looks to me] every 5 to ?? seconds. [Originally saw max of 20, now 51. Hmm]
Ive only watched it for a short while, but it looks like an average is right around 10 seconds.
Now, as interesting as it is to consider its a bot trying to get top dollar for the asks.. wouldnt it really just make more sense to market sell into the 140 wall? Yes, yes, 66 cents less.. but.. no risk. And, chance of triggering more sells -> lower buy back price.
311.
Post 3134057 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
It shut down lol.
I got an average of 10.5 seconds with a minimum of 4 seconds and max of 56 seconds.
Only 50 points considered. Early points averaged about 7 seconds. Before it shut down it had some spikes/delays.
312.
Post 3134504 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July. I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.
You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.
Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.
313.
Post 3137600 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
don't you just love it when you wake up and ALL yours bids and asks have been filed
thank the whales!
I'm always 100% in btc or usd so unfortunately i can only get one set hit at a time.
314.
Post 3137730 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Well, I'm 100% in BTC - all 1.38 of them XD
Annoyingly, I bought in at 143, just before the big dump a few days back - after deliberating if I should.... as always.
I think the whales are connected to my brain, to do the opposite of what I need.
Seriously man, go make graphics, wait tables, mow lawns or something and use it to buy coins. You'll do a lot better than trading 1.38 BTC...
Trading is fun.
Well, I'm 100% in BTC - all 1.38 of them XD
Annoyingly, I bought in at 143, just before the big dump a few days back - after deliberating if I should.... as always.
I think the whales are connected to my brain, to do the opposite of what I need.
hehe yeah between a rock and hard place. Take $1-5 USD in profits with an ask around $145, or hope it rises more. If you are like me, most of my trades allow me small chances to profit before reversing. But I get greedy and then lose. Like selling $128.74 was good... If i bought at the $124 dip. (i didn't) lol
315.
Post 3138483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
I'm really quite surprised by how quickly Mrs. Market is pushing down after this relentless buying pressure. some groups of people have amassed at least 40k coins and more continue to come out of the woodwork. I wonder how long this can be sustained.
316.
Post 3138748 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
ooh ... whale showing a fin again
Hm, bid sum shows no increase. Moved wall?
317.
Post 3138993 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
ooh ... whale showing a fin again
Hm, bid sum shows no increase. Moved wall?
This is why I love chartbuddy!¡
318.
Post 3140292 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
ooh ... whale showing a fin again
When did this obsession with the Whale God start? It's like, any time anything happens it's "because whale!" Some of you sound like you'd sacrifice children on an alter of fiat money if someone told you it would make the Whale Gods happy.
We don't need no stinkin' whales.
It's because during this rally thats how it works
whale buys -> price oscilates around 2-3 USD from end of whale buy until whale sells or whale buys.
Exactly. Whales decide the price. If it were down to the average Joe, take a guess where we'd be.
Hint: a lot
lot lower
319.
Post 3140335 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
When is the last time we saw a real ask wall? Lol. Big holders can want more. But they can't hold the price down without manipulation (which there currently is none of).
There isn't one whale. If coins were seen as undervalued by a whale, they will buy. Else, wait for better price. And if they dint take the opportunity? Another whale will.
Manipulating the price up is magnitudes easier than the opposite.
320.
Post 3141044 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Check this out (Gox's answer to Coinlab's suit - TL;DR: they are saying they are short of an additional $5M, NOT including Dwolla and DHS):
Oh, so this is completely separate from dwolla, huh. $5m here $3m dwolla $14m bids lol
http://numismatics.pwnz.org/wp-content/uploads/2013/09/MtGox-Answer.pdfDefendants are informed and believe that in March and April, 2013 MtGox customers, at the
suggestion of CoinLab, deposited $12,788,701.08 into one or more CoinLab bank accounts;
CoinLab then caused the amount of such funds to be credited to such customers' MtGox
accounts but CoinLab did not transfer the actual funds into the MtGox bank account. As a
result, such customers' MtGox account reflected a higher amount of currency funds available
to such customers than were actually in the MtGox bank account. In April, 2013, and upon
the demand of MtGox, CoinLab transferred a portion of those amounts, $ 7,473,490.29, to the
MtGox bank account, leaving a balance of approximately $ 5,315,210.79 to be transferred to
the MtGox account and which is being wrongfully held by CoinLab.
I read this as VERY BAD news. "Overwhelming" the biggest bank in Japan my ass... The +$14M on Gox's order book, plus whatever is "dormant" or in the withdrawal queue, and therefore all our Gox balances..... Are backed only by thin air.
Let me get this straight. Mt.Gox was stiffed $5 million by coinlab and another $5 million by the US gov.. That's over $10 million of missing funds on Mt.Gox.
Oh, so this is completely separate from dwolla, huh. $5m here $3m dwolla $14m bids lol
321.
Post 3141142 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Gox missing funds is bullish. Expect panic buys from those who still have fiat/"credit" in their account.
Perhaps the whale trades these past few weeks were the panic buys? Wouldn't surprise me if most of the large trades are based on info not available to the public.
Yup. I'm in fiat and won't buy now; I'll wait for the nose dive... Although it might be a 90% drop from $1000
322.
Post 3141453 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
Gox missing funds is bullish. Expect panic buys from those who still have fiat/"credit" in their account.
Perhaps the whale trades these past few weeks were the panic buys? Wouldn't surprise me if most of the large trades are based on info not available to the public.
Yup. I'm in fiat and won't buy now; I'll wait for the nose dive... Although it might be a 90% drop from $1000
Aren't you afraid of holding the fiat bag when gox finally implodes? There won't be anyone willing to sell their BTC for goxbux once the news is official.
It does not make sense that there will be a nosedive on gox - if - they end up failing. Then news will get worse and worse and price will go up due to people wanting out and less and less coins offered. One day trading will be halted abruptly and liquidation of company started.
Other exchanges will disconnect more and more from mtgox price as they have different supply and demand realities. They will start taking the lead in price swings, as bitstamp recently showed already. A collapsing price at bitstamp may be followed by gox but to a much lesser extent as gox buyers will be willing to pay 50% over actual value, as they correctly calculate they will lose likely more if gox fails.
^^This
How long until Gox halts withdrawal of coins ?
I dont imagine gox failing. They make tons of money in fees. Although, I suppose, it is possible. If Gox does implode, then most coins should have been sold on other exchanges, causing a dive elsewhere. Those on Gox of course, well, we're fucked :/
323.
Post 3141900 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
2500 Market buy followed by a 2500 market buy [both exactly 2500] with its unfilled bids set on 145.
Er, I suppose its easier to say.. 5k order to 145, 3.3k filled; 1.7k as bid.
324.
Post 3141940 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
2500 Market buy followed by a 2500 market buy [both exactly 2500] with its unfilled bids set on 145.
Er, I suppose its easier to say.. 5k order to 145, 3.3k filled; 1.7k as bid.
Nothing about the price, up or down, will surprise me in the next week. Could get really nutty when/if ask sum goes below 40k.
Looks like its time for $150 to fall.
325.
Post 3141952 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.15h):
2500 Market buy followed by a 2500 market buy [both exactly 2500] with its unfilled bids set on 145.
Er, I suppose its easier to say.. 5k order to 145, 3.3k filled; 1.7k as bid.
It got fully sold into, and now another 2k appeared
Yup. Actually it looks like exactly 2500 again. So, someone just bought 7500 coins.
326.
Post 3144759 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Falkvinge wants bitcoin to become what he thinks bitcoin was made for.
The most importan claim he makes is that more than 90 percent of the bitcoin-prize is made of speculation. Even if he's wrong and it are 80 or 70 or 60 percent - this is more unnatural and insustaineble than fiat has been in its worst days.
I also think bitcoin is overvalued, but the guy seems a bit delusional. Probably sold at $65. Lol.
327.
Post 3146586 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
their some action going on!
the 140 wall has forced some bids to pill up in front of it, this made people jumpy and new walls where spotted soaking up bits in the 142-143$ range
What? Lol.
Do you mean an bid wall appeared and it was sold into? I see a ~800 volume a few mins ago. Looked like a market buy to me but are you saying it was not?
328.
Post 3146699 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
their some action going on!
the 140 wall has forced some bids to pill up in front of it, this made people jumpy and new walls where spotted soaking up bits in the 142-143$ range
What? Lol.
Do you mean an bid wall appeared and it was sold into? I see a ~800 volume a few mins ago. Looked like a market buy to me but are you saying it was not?
maybe it started off as a market buy, but i saw a wall at 142.5ish get sold into.
someone was clearly in a hurry to get coins.
someone else appears to be in hurry to unload coins.
and the saga continues!
That makes more sense. I thought when I saw 800 coin buy not take the price over 143, it didnt make sense. I'd imagine something like 400 bought -> 400 wall.
329.
Post 3149913 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Some movement with the 140 wall..
Well, 140 wall is gone. 900 moved to 140.10 [Placing it ahead of... 12 BTC in bids?] The remainder.. ? market order incoming?
330.
Post 3150143 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
its 10 cents.
big whoop.
lol; this 10c change and small wall size reduction did cause a bit of panic selling... ok, well, a bunch of small fish panic selling.. for a total of something around 1k.
So far, the wall still holds..
Notice though, not a single bid has been put in front of it... (A few bot bids have, but nothing >0.0X)
331.
Post 3152571 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
chartbuddy pics don't display for me
On the manipulation topic: get a fu$%^3£ life
Maybe you should check back a few pages where the reason is given.
332.
Post 3154469 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Does trading.i286 and clarkmoody work for anyone here? They load for me and depth updates, but no live trades show up. Bitcoinity/bitcoinwisdom work fine
333.
Post 3154492 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Does trading.i286 and clarkmoody work for anyone here? They load for me and depth updates, but no live trades show up. Bitcoinity/bitcoinwisdom work fine
been having this problem for about a week now
Hm, its new for me. However, what the heck is localbitcoins and why do they have so much depth and volatility? lol.
--Damn, quite a lot of selling on bitstamp. Looks like they reacted to the slow drop on Gox and now its the other way around.
Last time stamp was the leader of the drop. Repeat?
334.
Post 3154819 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
I noticed bitcoinity added localbitcoins and the volatility is insane if true.
How can one buy on Gox and sell on localbitcoins? If it were simple, there shouldn't be such a crazy volatility.
I mean, it looks like profits from arbitrages could reach 30%!
24hr:
high: 192.18 low: 108.66
6month:
high: 396.40 low: 46.35
^^^ OUCH!
335.
Post 3155864 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Charts are still not loading.
Check your computer. Works for me.
Good one.
336.
Post 3156246 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
OMG, most volume in > 24 hours! 750 sell! xD
337.
Post 3156685 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
WOW!!!
Without chartbuddy, I'll have to sub.
NOTE: Most sites have crashed by now and are far behind, this is last accurate image of status!
338.
Post 3156908 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
WOW!!!
Without chartbuddy, I'll have to sub.
NOTE: Most sites have crashed by now and are far behind, this is last accurate image of status!
lies!
I lie? No, if I'm wrong, the chart lied. Not me.
Am I the only one waiting to see a buy show up? All it takes is a 700 buy for $140; 1200 for $142, and then the downtrend would take a slap in the face.
The sells are small but cumulatively are probably around 4k. Only reason its going down so cleanly is because few bids are popping up. Why? I think the whales have convinced the market that it cant go back down, and anyone who sells now is going to get burnt.
The lack of ask depth says yes to that... so why arent fishies holding it up?
339.
Post 3157069 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
my bitcoinity is showing 135ish on gox, and seems up-to-date.
They're wrong
I take no responsibility on those who trade on my alternate api feed. It's been wrong before. Standard is lagging by about 3 hours. I hope you guys know I was just making fake charts like everyone else?
340.
Post 3157115 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Nope, i actually wasted 10 min of my life editing those in paint LOL
341.
Post 3163030 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Gox approaching 5,000 24hr volume. lulz, btc = dead.
its weird.. just about a month ago 25k was the normal "low"
30k being the average daily volume
342.
Post 3163230 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Gox approaching 5,000 24hr volume. lulz, btc = dead.
its weird.. just about a month ago 25k was the normal "low"
30k being the average daily volume
What? 30k was NOT the average. that was a high, usually once a week IF THAT.
50k daily was normal pre-April crash. In the weeks leading up to the crash we had over 100k daily. Peaked over 550k.
NO ONE IS INTERESTED AT THESE PRICES (but the bots).
Was it really? I could have sworn every time I checked volume it was like 30k.
343.
Post 3171212 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Bistamp has had both buy and sell 1BTC bots. Gox only has a sell bot.
Here is bitstamp sell bot:
Edit; Notice the peculiar buy/sells that add up to exactly 1? Whats that?
344.
Post 3171221 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
How do you know? Bitcoinity incorrectly labels things because it goes by 'trending up/down" which doesnt tell you with certainty that something was a buy or sell. Trading.i286 should act the same as clarkmoody where it really means sell or buy, even if someone just market sold for more than someone else just market bought.
345.
Post 3179043 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Unfortunately there is nothing to watch. Ask sums is constantly being push back to 50k. Every time it goes over; market orders fix that. And whenever it goes under... the price recedes back under 140 and they pop up again.
Bid sum is also pretty stable in the 12-14m range. (Last 4 days all about $1.35m, 50k asks)
Something has to give. Unless bitcoin market is going back in to dormancy. Thats not any fun!
If Gox withdrawals arent fixed, price will rocket up. If they are, total collapse.. yeah?
346.
Post 3182510 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
There's a lot of people who are holding and waiting the price to go up.
Because no one can sell.. since there is nothing to back gox usd
347.
Post 3184547 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
We appear to be breaking up out of the triangle that has been forming over the last week. We shall see if it actually happens.
without whale activity either... could get very interesting if a whale or 2 fears missing the boat.
I wonder if the volume this past week reflects actual economic activity, rather then trading/speculation. The market is neither too high or two low to encourage trading... and Gox problems discourage arb. No big whale positions being taken. What's left except actual economic activity?
People calling it the top and others deciding its time to go up?
348.
Post 3187228 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Gox proclaimed dead. Funeral to be arranged shortly:
Invitations going out soon...
I think Gox will survive this - but they have definitely lost their front-runner status which is not necessarily a bad thing.
Its undeniably awful for them!
They should be ashamed. Such an easy position to hold but incredible levels of incompetence destroyed them.
349.
Post 3190922 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Damn it, sells just barely missed my bid.. Only $15 lower
350.
Post 3194935 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
last year the wedding news of mtgox and coinlab pumped btc to $250, it remains in 100 range even after divorced. This year the NEO/BEE thing is about to happen in cyprus, do you think it will have the similar effect ?
If people think it will, then it will. But does the event itself have any real effect on the price? No.
351.
Post 3198579 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Manipulator battle!
352.
Post 3205718 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
<irrelevant exclamation without context/>
I guess you weren't watching the charts half an hour ago.
nope. what happened?
~300 buy followed by ~1500 sell...? Not really sure what the big deal is. Nothing uncommon at all happened.
353.
Post 3205786 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
<irrelevant exclamation without context/>
I guess you weren't watching the charts half an hour ago.
nope. what happened?
~300 buy followed by ~1500 sell...? Not really sure what the big deal is. Nothing uncommon at all happened.
Wasn't a huge deal, but random out of nowhere on a rather slow Saturday. Pretty much a 'Saturday idiot' scared for no reason, selling and bringing the price back to the rising July trendline. OR someone trying to induce a panic on a slow day... but still only selling to bring the price to the trendline and no one else seems to be biting the fear bait. If they genuinely just want the money, it wouldn't be that hard to sell in chunks and get a better price.
I doubt that. Im sure if someone bought 1500 you wouldnt have said a thing, although I would say that person is a moron. Everyone has their criteria for when to sell and buy.
This person might have said, "Hey look, even $10 lower, still.. no one is buying." After the tiny 300 buy.
Someone always has to be the leader. Are those who sold above $140 idiots, currently? No. Were they before, according to your criteria? Yes.
354.
Post 3244321 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
2k buy..
Im sad to have sold at 128.74, but im glad to have bought back in at 136...
355.
Post 3244347 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
3min lag...
Oh that explains it. I kept checking all the different bitcoin market sites and was like, "WTF, is everyone just in denial?" Because there were no trades at all. Now I see, gox died after the buy. BULLISH!
IT LIVES! Panic buying commenced immediately.
--_Crap, did anyone else notice bid sum took an 800k dive?
Edit: And ask sum got a 1k wall somewhere, jumped from 50k to 51k. Not a big deal, but overall Bid/Ask sum is probably not moving too much while the price rises.
356.
Post 3244394 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
--_Crap, did anyone else notice bid sum took an 800k dive?
Someone cancelled their low bids and just slammed the asks for 8k coins. Worried about missing the train, so next worry: btc withdrawal..
All the asks to break thru 140 never topped 400k today. So most of that money if not all of it is still there...
357.
Post 3247411 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Damn it, knew I should have put an ask at 141.5 when I went to bed..
This looks a bit like that crazy day in June. Price ends up sliiightly lower than where it was before the volume spike, then comes crashing down a bit later.
I hope not
--Uh oh, standoff at $138. 1k ask popped up.
I always hate those clean numbers, always means there is more.
358.
Post 3247589 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Mt Gox is pretty erratic, while BitStamp continues to climb (gap is now like 8%). Is BitStamp finally just ignoring Gox?
Dang, bitstamp is finally going up again. Even has a nice 1k bidwall.
I still don't get who's still selling on gox. Seriously I burned my fingers and am staying away for month...
I got a bot to buy 0.01 bitcoins of my ask, does that count as selling?
359.
Post 3247625 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Seems like an excellent time to pick up BTC and move off Gox, unless I'm really missing something...
Either way, nice to see some action again for a change.
And there goes that..
360.
Post 3248275 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
the main wall has failed! the secondary wall will not hold!
buy now or forever hold your increasingly worthless fiat.
lol
Its almost certain there will be an opportunity to buy below 137 if/when $138 falls.
Plus it took so long for this 1.2k wall to go away, its not exactly re-assuring.
361.
Post 3252271 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
this weekend everyone should make sure to tell their friends that there is very little time left before bitcoin gets a proper valuation.
Shit, bitcoin is about to crash?!
362.
Post 3256676 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
This rally is annoying. All low/med sized buys. Prevents chances for quick sell/buy turnarounds.
363.
Post 3257757 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Lookin' good.
BTW this rally is still "creeping me out" Gox has never been home to the mid-sized buyers [100-500]. This entire rise is on them.. Are they finally saying, "Shit, the whales were right... INSOLVENT!!?"
While us small people <100 are just riding the waves? lol.
364.
Post 3257991 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
According to
http://btckan.com/price btc100.org a chinese exchange has done 111706.36 in 24hrs.... which is hard to believe....
Almost certainly BS.
365.
Post 3258431 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Look familiar, anyone?
Hint: That isnt todays, yesterdays, or last months chart
366.
Post 3258435 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
It feels like April all over again!
BEAUTIFUL BUY ! Er, 4k.
367.
Post 3258462 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Yee Haw. Here we go.
Where are we going?
Not sure if serious, but up!
Also, another 1k buy.
Damn, this is hot
@Beta-Coiner1: You'd have loved seeing the 15k market sell a few months ago. I caught it live
--
Btw, asks have stopped appearing, for the most part. I mean, before they were sustaining a 50k ask sum despite buying pressure. It seems to have given up. The dam has broken.
368.
Post 3258545 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
If $140 falls...
I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.
Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.
Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)
Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.
Im getting so giddy thinking of breaking 150
I cant believe the price is already up $10 since I bought... almost sold at $140 too.
BTW guys, that whale was definitely watching this thread.
Look familiar, anyone?
Hint: That isnt todays, yesterdays, or last months chart
He saw that and realized what happened afterwards hehe
369.
Post 3261932 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Gary move out, only 41k BTC left on mtgox. Buy your chep coins before the others.
38,000
41292 BTC, liar
BTW, support is abysmal right now. 8k buy to $150. 8k sell to $132.50
I think this confirms that this is a rise based on MtGox fear, not good news. [If people are worried their money is fake, then they wont be placing bids.. just market orders.]
370.
Post 3266116 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
2k ask wall at 144.70919
371.
Post 3269700 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.
372.
Post 3269760 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Correction incoming.
There's a panic in the air
♫ Price is falling, fear is building up ♫
373.
Post 3272732 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
2k ask wall disappeared. I hope its going to be moved down :/ [Sold $145
]
374.
Post 3273291 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Tea time?
I sure as hell hope not
375.
Post 3277376 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
About 5K coins were just added to the ask around $165.
Haha I was wondering where all those asks were. I didn't zoom out enough before
376.
Post 3278512 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Last chance to sell above $140 this year boys and girl.
377.
Post 3281751 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
All the Gox naysayers get real quite when price slips on Gox and people are actually market selling.
"Bu... bu.... but, I thought everyone was only buying to withdraw bitcoins"
Well, if someone isnt aware or not really worried about it, Gox offers them the best price for their coins...
Still possible.
378.
Post 3286278 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Ouch! Had my bids at $136.55 after selling $145
Was out shopping and missed my chance to sell high.
Cant log in to gox [error]
Should I be panicking?
OMFG look at bitstamp!
379.
Post 3286320 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
How low might this go?!?
((( lol
Im not sure if I should be selling or waiting on the rebound..
Rebound might not happen til $1?
380.
Post 3286437 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Ouch! Had my bids at $136.55 after selling $145
Was out shopping and missed my chance to sell high.
Cant log in to gox [error]
Should I be panicking?
OMFG look at bitstamp!
The market would have dropped in about 2 days anyway. So the result of this panic sale may have similar results.
A drop to 120$ in 2 stages is possible, so you might be able to sell on the rebound with little loss, and buy back sometime later.
BTW, I took a 3% loss on this shit, because I bought at 140$, estimating a small price rise to 144$ till the big drop, so you are not alone.
Sold $130
I thought my bids at $136.55 were safe! LOL!
Unbelievable. I got home and could have market sold $132. A little delay and lost another $2.
Thanks for your story though.
BTC-E down to $78
381.
Post 3286468 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Goodbye, triple digits.
Oh, hai!
Another bold prediction?
Last chance to sell above $140 this year boys and girl.
I knew something was happening, but not this...
--
CampBX just fell below $100
Bitstamp to $99.11
382.
Post 3286521 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
SELL SELL SELL!
You're loving this, arent you? When did you sell?
Also, am I the only one expecting a massive rebound [from whatever bottom we hit] in a few days?
2.5k ask at $100 on Bitstamp
383.
Post 3286611 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Bistamp down to $88!!
384.
Post 3286652 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Once Yifu the fat face sell his stash, we're going down to $50 lady and gentlement.
Anyone still have his address handy? link us to the blockchain.info ..
Am I the only one amazed that no one on here openly admits to be holding during these drops?
Everyone is always on the profitable side during huge drops. Smaller drops, and during rises, you can see people winning and losing. But the mega April crash, and June, etc. Everyone was "YAY! DOWN!"
385.
Post 3286678 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Did I say 98 on bitstamp? Sorry, it's 92 now.
Its actually $85. Check bitstamp site.
^^^$78 on bistamp? Dang!
386.
Post 3286760 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Price falls rapidly, I pull my order from $110, put it at $100. Price falls to $100, I think I'm getting a good deal. Then price falls into $80s. Sadface.
It has to rebound at some point, even if it continues to fall later. This is bitcoin, noob traders like myself. El-stupidos buy in shallow waters.
Once Yifu the fat face sell his stash, we're going down to $50 lady and gentlement.
Anyone still have his address handy? link us to the blockchain.info ..
Am I the only one amazed that no one on here openly admits to be holding during these drops?
Everyone is always on the profitable side during huge drops. Smaller drops, and during rises, you can see people winning and losing. But the mega April crash, and June, etc. Everyone was "YAY! DOWN!"
Sorry for disappointing you, but as I mentioned before, I took a 3% loss. Had bought at 140$, hoping for a small rise the next day.
I was monitoring the money flow on bitcoincharts, and saw strange sales, when the price should have gone slowly up.
I read the news in the forum, BTW big thank you to the poster, made the connection and I dumped immediately at 137$.
No, I mean [until a few seconds ago with Holliday and Adam, Zangelbert Bingledack, and Rampion] people never seem to beholding during a huge drop.. and CONTINUE to hold. Taking a tiny loss, yeah, people do that. Like you and me, we're both "UP" in BTC now.
BITSTAMP DOWN TO $75
387.
Post 3286802 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
261313 8 minutes 73 1,119.61 BTC 176.28.50.95 121.93
261312 8 minutes 219 6,552.41 BTC EclipseMC 226.65
261311 8 minutes 995 32,981.70 BTC BTC Guild 486.05
261310 24 minutes 359 10,215.70 BTC Slush 239.27
261309 28 minutes 764 22,540.20 BTC 87.106.181.253 340.90
261308 32 minutes 424 19,172.71 BTC BTC Guild 487.51
261307 35 minutes 395 9,008.76 BTC EclipseMC 243.21
Bitcoins on the move
What is this? What does it mean [first large number, then small one?]
Also, anyone have huge bitcoin address links? Who is the fatty mc fat someone was talking about with tons of coins?
388.
Post 3286861 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
261313 8 minutes 73 1,119.61 BTC 176.28.50.95 121.93
261312 8 minutes 219 6,552.41 BTC EclipseMC 226.65
261311 8 minutes 995 32,981.70 BTC BTC Guild 486.05
261310 24 minutes 359 10,215.70 BTC Slush 239.27
261309 28 minutes 764 22,540.20 BTC 87.106.181.253 340.90
261308 32 minutes 424 19,172.71 BTC BTC Guild 487.51
261307 35 minutes 395 9,008.76 BTC EclipseMC 243.21
Bitcoins on the move
What is this? What does it mean [first large number, then small one?]
Also, anyone have huge bitcoin address links? Who is the fatty mc fat someone was talking about with tons of coins?
Height (block) Age Transactions Total Sent Relayed By Size (kB)
So mining pools just moved around 100k bitcoins? How do they do that? (isnt it owned by the members?)
--
BTW, look at the dummy on Gox buying in shallow waters. Up to $117
389.
Post 3286898 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Heres everyone who is still holding chance to sell! The morons are buying!
390.
Post 3286923 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
The crazy part is all these dummies are acting on a single BTC35 buy that had $10 slippage.
391.
Post 3286943 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
wtf is going on on bitcoinity (mtgox)
i see txns for 112 and then 116, flipping back and forth.
bot rampage?
silk road web site founder arrested
i know the event that caused the drop, i was asking why the strange behavior of flipping back and forth.
Always happens with fast price moves, low depth in bid and ask.
392.
Post 3287163 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
there have been some monster btc account movements. in the millions stuck in the 6 confirmation stage, I suspect these are people that are moving money to an exchange to sell or at least have the option to sell.
Millions of USD, you mean? But, hundreds of thousands of BTC?
Gox and Bitstamp temporarily EQUAL!
393.
Post 3287195 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
TIME OUT on MTGOX SOON!!!
already hit 15m lag!
Bullshit. There is NO gox lag AT ALL.
394.
Post 3287231 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Buy order set at 111
Order filled.. now selling back at 120 and I'll stay there with fiat until thigs calm down a bit...
Quickest 7% gain of your live?
395.
Post 3287268 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Lmao at the whale trying to get back in.
Sorry bud, you're shit out of luck. And doing it wrong.
396.
Post 3287314 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
wowow , someone did pull up a big ask wall
English sir? Maybe you mean,
"Wowow, someone did put up a big bid wall!"?
If the bid wall continues to creep up, eventually it'll be sold in to. Prob around $130
LOL bid wall pulled ,now people sell
DUMBDUMBDUMBDUMB
397.
Post 3287419 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Anyone have an update on those huge coin movements? We need them tracked ASAP
Huge bidwalls appearing on bitstamp at high $120s. Now, I understand the Gox buyers. But what are those people smoking? Thats ABOVE the pre-SR news price.
Dumb fucks.
398.
Post 3287452 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
I sent my coins to bitstamp to sell high and buy low, I ended up waiting 45 minutes price went below 104 I sold at 98$ didnt want to buy back at 85 thinking it would go lower... than boom it went up to 120+
I still think it is to early to judge about baying back, I didn't learn anything, the only thing that I've learned is that I suck at trading .... I will wait , maybe I will have luck and price drop below 90 again.....
Just remember when trading, there are people dumber than you who will make irrational choices that can and will fuck you over.
Such as the buyers on bitstamp
399.
Post 3287613 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
funny all the people in this thread bragging about their profits
i bet ya, for the same amount of people with profits in this thread there are people grinding their teeth in the shadows at these posts :p (not me, don't day trade :p)
Well, heres my trades:
S: 144.95
B: 136.55
S: 130.00
B: N/A
I'm grinding my teeth
400.
Post 3287632 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
I sent my coins to bitstamp to sell high and buy low, I ended up waiting 45 minutes price went below 104 I sold at 98$ didnt want to buy back at 85 thinking it would go lower... than boom it went up to 120+
I still think it is to early to judge about baying back, I didn't learn anything, the only thing that I've learned is that I suck at trading .... I will wait , maybe I will have luck and price drop below 90 again.....
Just remember when trading, there are people dumber than you who will make irrational choices that can and will fuck you over.
Such as the buyers on bitstamp
even worst, my friend 5 hours earlier needed cash to buy something, I told him that he can sell me some BTC, I took all 17.5
BTC he had at 126.88$ , called me later to tell that he feels sorry , I asked he feels sorry about what then he just replied the price just drooped for 8$, when I went to my PC it was already at 116$ .... just checked the SR news ... and my brain was on sell mode .... my wife told me to calm down and I was like this is my chance this my chance to make some profit....
I would stick to the 8
BTC that i could make at 85$, I am so mad at my self now.
You can go lay in a bathtub with drain and water running.
Cut your vein open and end yourself.
Dont be an amature and cut across the vein, cut ALONG the vein so you're not embarassed being caught with an "attempt".
you seem expert at this ..... this makes me think about what kind of life you have there.... I feel sorry for you.
I'm a psychiatrist. I happen to deal with alot of ppl like you.
ah ok... I see what kind of a person you are, the one who knows everything after reading 2 lines
I have dealt with your kind as well, though I am not a psychiatrist, But I can tell that people like you have no social life and lack of confidence...... hold up there bud, there is always hope
LOL thats funny, you're the one that cant stand the heat in this game. Soon or later you're gonna make another psychological mistake and seek professionals like me.
I met ppl like you from stock market crash in 2008. So i can tell you just take a short cut and avoid all the stress.
Havent you just explained to us that we shouldnt take the short cut, rather the long cut?
-BTW, hes clearly not a Psychiatrist. [And hes not trying to act like one either, so its funny]
401.
Post 3287658 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
funny all the people in this thread bragging about their profits
i bet ya, for the same amount of people with profits in this thread there are people grinding their teeth in the shadows at these posts :p (not me, don't day trade :p)
Well, heres my trades:
S: 144.95
B: 136.55
S: 130.00
B: N/A
I'm grinding my teeth
isnt that so clear with all your cussing when ppl buy btc?
I mean... really? atleast trade like a professional and shut your dirty hole.
lol? The Bitstamp buyers ARE irrational. The gox buyers and elsewhere? Nothing odd at all. Some people got in cheap and others like myself didnt.
402.
Post 3287797 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
I sent my coins to bitstamp to sell high and buy low, I ended up waiting 45 minutes price went below 104 I sold at 98$ didnt want to buy back at 85 thinking it would go lower... than boom it went up to 120+
I still think it is to early to judge about baying back, I didn't learn anything, the only thing that I've learned is that I suck at trading .... I will wait , maybe I will have luck and price drop below 90 again.....
Just remember when trading, there are people dumber than you who will make irrational choices that can and will fuck you over.
Such as the buyers on bitstamp
even worst, my friend 5 hours earlier needed cash to buy something, I told him that he can sell me some BTC, I took all 17.5
BTC he had at 126.88$ , called me later to tell that he feels sorry , I asked he feels sorry about what then he just replied the price just drooped for 8$, when I went to my PC it was already at 116$ .... just checked the SR news ... and my brain was on sell mode .... my wife told me to calm down and I was like this is my chance this my chance to make some profit....
I would stick to the 8
BTC that i could make at 85$, I am so mad at my self now.
Cool it, wait, theres high probability that price will fall again.
YOUR OPTI-PESSIMISSIM IS NOT RATIONAL.
403.
Post 3288068 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Next freefall incoming?
Bid/Ask shows no signs of weakness. Bids continue to rise from a low of $7.5mill to $12.2mill; asks holding steady at 57k.
404.
Post 3288738 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
If we hit 110$ once, we can hit that low again. I hope Gox won't lag anymore, so I can trade without worrying about my order being 5 min late.
Its 20k
BTC away from $110 after touching it twice hours ago. Seems unlikely.
405.
Post 3288830 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
If we hit 110$ once, we can hit that low again. I hope Gox won't lag anymore, so I can trade without worrying about my order being 5 min late.
Its 20k
BTC away from $110 after touching it twice hours ago. Seems unlikely.
meh, that logic only works if gox leads. if bitstamp leads, with its depth.....
stamp dropping fast from 110, now 102........ it will lead the next drop;......
Sure hope so.
imo I would still be cautious. SR accounted for ~300-400 million in revenue a year for bitcoins. Much of which was from fresh money being brought in by customers. I don't know of anything else in the same stratosphere in terms of bringing in money into the network. SR was/is a big deal. Will there be other sites to take its place? Sure.. but to what extent they will fill that void remains to be seen. Also will customers/vendors of these sites be weary about jumping back into this market?
Bitcoin doesn't earn revenue, and SR was mostly neutral for supply and demand.
Buyers bought btc, sellers sold btc to buy product.
*
this
By this atrocious logic, bitcoin could be valued at$1 and be a useful currency.
No. The bigger the operation, the more money it needs to function, even with no net gain loss.
406.
Post 3289061 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
407.
Post 3290337 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Only need a 33k sell to be pushing a new low...
ATM bid and ask is slightly worse than the pre-crash, but a market order to the low 140's would fix that, as long as there is $$$ to fill the bids in.
Quite surprising how quickly it all went.
On topic. The rapid recovery from the SR news shows massive support in the market for the $130-140 level on mtgox ($120-125 on bitstamp).
Questionable. Its really hard to say anything until withdrawal issues are fixed.
Bistamp/BTC-E/etc. cant really separate fully from Gox because people wont sell for [Well, currently wont sell for...] less than ~$25 from Gox price. And it makes sense for it to be that way. If I could sell on bitstamp for $5 under Gox I would. But I cant. Others are willing to take bigger hits. But few would take less than 20% loss, preventing more separation.
Plus, like others said, the whole ordeal was just people hoping to buy back lower.
408.
Post 3297782 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Dat action. Below 6k vol again. If it hits 4k we are well over-due for some real volume.
409.
Post 3297920 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.16h):
Last 24 hours:
Bitstamp: 10670
Btce: 8107
Mtgox: 5498
There is some bot malfunctioning on btce today but still that's quite a laugh that even btce's volume is higher, and gox has bots too.
Over the weekend I saw one point where gox had 2400 volume...
Dayum. Lowest I saw was ~3900.
What is this bot malfunction you speak of?
Dat action. Below 6k vol again. If it hits 4k we are well over-due for some real volume.
Bitstamp volume today at 11.3k approaching double that of gox, and BTCE at 4.5k closing in too. This is a worrying sign for gox HQ. They really are circling the drain...
Interesting. I feel like Gox volume is reduced from the flashcrash, because those who wanted in are in, and those who sold wont buy at these prices. Its all down to the big guys to decide whats going down, again.
As for bitstamp - thats pretty nice. 11k isnt bad.
410.
Post 3307792 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Not that informative but fun:
Why such a small image? You know you can make them larger by clicking on them?
411.
Post 3308266 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
I had to shed some of my speculative position, I got spooked...
i'm left with long term holdings, and some coins tied up in BTC investments.
You mean you sold some of your coins?
Its OK, my call for no more $140 this year was close.
Shouldnt push over it much longer, if again.
The dumps are coming.
queue Walsoraj
412.
Post 3314160 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
...
The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one.
There is volume. One simply has to know where to look for it.
http://btckan.com/price40k volume in USD, 40k in CNY.
However, you should notice the Chinese exchanges with volume have... drum roll please... NO FEES.
Open your eyes; its fake volume.
413.
Post 3317493 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Maintenance in progress
This system is under scheduled maintenance. Maintenance started on October 11th 03:00 GMT, and will end two hours later on October 11th at 06:00 GMT
Please wait for the maintenance to end.
UPDATE - 04:30am GMT: Data transfer is taking longer than during the simulations. Because of this the maintenance period is extended by one hour, to end at 06:00 GMT.
LTC finally coming to Gox?
414.
Post 3320219 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Its great that they get this extremely fast trading engine now that they are dead.
I mean, the current engine rarely gets significant lag. Definitely not enough to cause panic. It does sometimes take awhile to execute larger orders [Doesnt show any lag, but it takes, literally, 1 minute for a 10k sell to go thru, for example]
Sorry Gox, TOO LATE!
I wonder what bitstamp has got.
415.
Post 3320556 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
So if we break 145 its to the moon and otherwise we are going back to 125?
Or it just keeps receding to $130 as it has been for awhile now. Who knows.
416.
Post 3320817 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
I've been having this crazy idea lately, that Satoshi himself might come out of the woodwork and reveal himself once bitcoin hits mainstream. As if it was part of his plan all this time.
What would the point of that be?
417.
Post 3322702 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
anyone else notice 56k bitcoin come off the buy orders? yet the price stays the same? i usually check the sums from 70+ yesterday it was 143,000 today its 87,000. where were these orders at?
these btc are bought and going to be sold
volume is around 6k.... thats still 50k removed from buys. yet the price trickles up? maybe nobody notices or cares
FUD- is tha the right term here?
Only way for this is if 100k bid was on $70 and moved to $140, or else if a plethora of bids over $70 all moved to <$5
418.
Post 3326226 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
anyone else notice 56k bitcoin come off the buy orders? yet the price stays the same? i usually check the sums from 70+ yesterday it was 143,000 today its 87,000. where were these orders at?
these btc are bought and going to be sold
volume is around 6k.... thats still 50k removed from buys. yet the price trickles up? maybe nobody notices or cares
FUD- is tha the right term here?
Only way for this is if 100k bid was on $70 and moved to $140, or else if a plethora of bids over $70 all moved to <$5
after looking at that bids over time chart i think maybe you are right some single entity that controls 50kbtc buy orders pulled them, moved them down, and are slowly moving them back up. already the bids from 70+ are up to 95k from 87k. yet the bid chart doesnt show any new money.
The only way to hide this would be if they were moved to very low prices [Because bitcoinity wont show <~$5] (Because bid $sum wasnt reduced)
In which case, why?
--
Interesting little rally here. This is beyond what we saw earlier when a few whales pushed the price to $145-~$149, and then the price receded quickly, asks rebounded sharply.
Its just a constant small buying pressure. And bids are looking, relatively, great.
419.
Post 3328305 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Look at the charts. It begins again tonight.
Oh noes, I'm e'scared!
What starts tonight?!
It depends on who you ask. Although I'm fairly certain you are bullish.
420.
Post 3333190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Bidsum up to 13.33M. I wonder if people are actually depositing on gox now or if this is money that was on the sidelines.
Would have to be pretty dumb to deposit on Gox.
421.
Post 3333407 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Any last words, $150?
422.
Post 3333653 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Let it begin! 148.50 was smashed, that was the September high at the beginning of the month before the bastard huge triangle began. Onward to 150!
Didnt the megawhale take the price to like 148.94? Or around there?
423.
Post 3333696 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
If I recall correctly it was 148.50, if I'm mistaken then so be it, haha.
EDIT: looking at the charts it appears it was 148.50.
Sept 3, High 148.90893
Also, oddly enough, an ask resides on that same price still, today. Probably the remainder of what was hit over a month ago.
Abandoned coins? lol.
424.
Post 3333742 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
It was like 50BTC away from 39999 lol, now its pushed up to an inpenetrable 40112!
Its over boys.
Oh.. nevermind, 39600.
425.
Post 3333750 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Ask side is not replenishing at all... This is going to get ugly within the next 24hrs. Don't fall asleep.
... I was just about to go to bed.
(Still going to bed! Just might wake up a few times
)
426.
Post 3333788 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Hey look, some of the 150 wall was removed.
Panic... do-nothing er!
Also, come on, just buy $150 please. (You're being a little bit boring right now)
Thanks!
427.
Post 3333860 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The last time Mt Gox traded this high was April 25th.
Incredible.
GOGOGOGOOGOG
(Im in USD and this is still exciting. IDGAF if it takes off without me lol)
428.
Post 3333950 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Dem asks!
Im going to bank on mega-bear whale saving the day.
I'm TOTALLY COMFORTABLE WITH MY POSITION! Bids set at, what I feel, is an extremely forgiving and rational $62.
429.
Post 3334024 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
So what happens when all the coins finally leave Gox?
They're going to China.
Seriously. This is a good day for any bitcoiners that suddenly want to line their pockets with yuan.
I laughed really hard at that. Not sure why.
Is it funny, or am I just tired?
430.
Post 3334220 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
I hope that all the fools who dumped their bitcoins because of SilkRoad crackdown are feeling really bad now
What a nice person you are.
Are you one of them?
I lost about $100. Could have been worse.
Well that sucks but don't take my words too seriously. I'm a permabull
You're just angry you didnt increase your stash in the fall
431.
Post 3334322 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Not far from ATH now:
Lets be fair, asks will fill in.. unless it goes into bubble mode.. again.
432.
Post 3336826 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Awful bid depth... but even worse ask depth
433.
Post 3338706 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.
I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
434.
Post 3338723 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.
I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
435.
Post 3338890 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.
I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Previously you could see the buying and selling prices of localbitcoins.com on bitcoinity.org - can't find it now, though. That graph should answer your hypothesis, though, since the market would reflect it, if mtgox' price was unrealistically high. I do, actually, often sell bitcoins below the mtgox price. So my conclusion is that mtgox' price might be a bit high and that Bitstamp sets the price here in Europe but if mtgox was way off the rest of the market, this would show up on localbitcoins.com.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
436.
Post 3338983 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.
I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Previously you could see the buying and selling prices of localbitcoins.com on bitcoinity.org - can't find it now, though. That graph should answer your hypothesis, though, since the market would reflect it, if mtgox' price was unrealistically high. I do, actually, often sell bitcoins below the mtgox price. So my conclusion is that mtgox' price might be a bit high and that Bitstamp sets the price here in Europe but if mtgox was way off the rest of the market, this would show up on localbitcoins.com.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
I found the information I was looking for. The Local Bitcoin weighted average price is not random at all even though it has a large variation. And you cannot buy bitcoins for anything cheaper than 96 euros anywhere in the world and that is only 3 % below the Bitstamp price. If you were correct in that the mtgox and Bitstamp price were unrealistically high, the Local Bitcoin price would be significantly lower:
http://bitcoinity.org/markets/localbitcoins/EUR7d low: 73
7d hi: 125
USD:
7d low: 88
7d hi: 224
lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
437.
Post 3339299 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.
I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Previously you could see the buying and selling prices of localbitcoins.com on bitcoinity.org - can't find it now, though. That graph should answer your hypothesis, though, since the market would reflect it, if mtgox' price was unrealistically high. I do, actually, often sell bitcoins below the mtgox price. So my conclusion is that mtgox' price might be a bit high and that Bitstamp sets the price here in Europe but if mtgox was way off the rest of the market, this would show up on localbitcoins.com.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
I found the information I was looking for. The Local Bitcoin weighted average price is not random at all even though it has a large variation. And you cannot buy bitcoins for anything cheaper than 96 euros anywhere in the world and that is only 3 % below the Bitstamp price. If you were correct in that the mtgox and Bitstamp price were unrealistically high, the Local Bitcoin price would be significantly lower:
http://bitcoinity.org/markets/localbitcoins/EUR7d low: 73
7d hi: 125
USD:
7d low: 88
7d hi: 224
lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
Do you understand the concept of variance or averages? In my opinion, the concept of equilibrium and arbitrage disproves your theory about price manipulation. And the volume that it shows is only for euro denominated trades and does not include USD denominated trades etc.
One of these exchanges is relevant; one is not:
One happens to be LBTC, one happens to be MtGox. Take a guess. Not sure where you find the average price there, but still, its volume is awful, It should be expected to have a slight premium over other exchanges.
438.
Post 3339691 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
i'm buying feathercoins
That reminds me, what happened to that exchange with PPCoin and Worldcoin and a bunch of other random ones?
439.
Post 3343621 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
We will have 5 of them in
Finland next month. The first will be in a premier location in the heart of the capital city.
These are interesting devices but I can't help feeling at least a few of them will be stolen for the money inside them as they're not very big and probably don't weigh enough to prevent people picking them up and running off with them.
that seems irrational. They could just fill it with weights if that was a serious issue.
However a BTC atm seems totally pointless to me.
If 165 falls, the rally just stop or full on bubble commences. Pickexit points now fellow btc traders
440.
Post 3345628 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
157 breached, same with 895 on btcchina. 140 on stamp is about to fall.
It already fell once. How big was the second ask wall?
441.
Post 3346062 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Steep climb up on almost no volume without ask side replenishing. lordy, the next crash gonna be epic.
It seems to be stabilizing right around 30k, so the ask side doesnt seem to be quite paper-thin. I hope it stops refilling totally and the price just explodes. Then the bulls get burnt
442.
Post 3346316 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
do we have enough vol for this to be undeniably bullish now?
everywhere but on gox
gox does not count for anything anyway.
Can we change the title of this thread to Wall Observer - XBT-FIAT wall movement tracker - Hardcore or something like that?
Don't rename we're at 1700+ pages and need a restart. Maybe wait till 2000 but right now works for me. Adam?
Gox is still leading, so it seems like the name is fine for now.
443.
Post 3346397 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
do we have enough vol for this to be undeniably bullish now?
everywhere but on gox
gox does not count for anything anyway.
Can we change the title of this thread to Wall Observer - XBT-FIAT wall movement tracker - Hardcore or something like that?
Don't rename we're at 1700+ pages and need a restart. Maybe wait till 2000 but right now works for me. Adam?
Gox is still leading, so it seems like the name is fine for now.
No it's not.
Yes it is:
http://bitcoincharts.com/charts/volumepie/What timeframe is that based on?
You can't just say the market with the highest volume is leading. The market that is LEADING is leading. In this rally its been China, followed by Bitstamp followed by Mtgox. If you are watching all the markets simultaneously, you would see that.
Looking at a pie chart with no timetable is not an accurate model.
CHINA leading? Omg, LMAO. Come on man.. you've got to be joking.
Volume =/= leader
Highest price =/= leader
Leader = Sets market direction.
Who is doing that? GOX. Barely, Bitstamp has quite a bit of power now. But its still led, for the most part, by Gox.
444.
Post 3346426 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
do we have enough vol for this to be undeniably bullish now?
everywhere but on gox
gox does not count for anything anyway.
Can we change the title of this thread to Wall Observer - XBT-FIAT wall movement tracker - Hardcore or something like that?
Don't rename we're at 1700+ pages and need a restart. Maybe wait till 2000 but right now works for me. Adam?
Gox is still leading, so it seems like the name is fine for now.
No it's not.
Yes it is:
http://bitcoincharts.com/charts/volumepie/What timeframe is that based on?
You can't just say the market with the highest volume is leading. The market that is LEADING is leading. In this rally its been China, followed by Bitstamp followed by Mtgox. If you are watching all the markets simultaneously, you would see that.
Looking at a pie chart with no timetable is not an accurate model.
CHINA leading? Omg, LMAO. Come on man.. you've got to be joking.
Volume =/= leader
Highest price =/= leader
Leader = Sets market direction.
Who is doing that? GOX. Barely, Bitstamp has quite a bit of power now. But its still led, for the most part, by Gox.
No, the leader is the market that sets the direction that the others follow. Whichever market is generally setting the graph is the leader. This rally has been lead by China. Volume is not always the leader. And price? Price?? Are you kidding us?? Gox price is inflated, so price is no factor here at all.
China hasnt led shit, lol. It is the reason for some bullish sentiment, but its absolutely not a leader.
Gox inflated price is part of the trigger to the buyers on Bitstamp and BTCCNY
445.
Post 3346989 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
We're way up in the bollinger band. Bid depths everywhere are horrible. China's new resistance after breaking 900 is... 915. I'm calling a retracement.
China depth isnt bad, relatively [although its like 2k for -5%, still]
Gox is terrible on 150
446.
Post 3350235 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
heading down it seems.
447.
Post 3350338 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Well bottom was already hit, GG bears.
448.
Post 3350362 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
this is nothing. the real fun is coming this evening.
Why do people even post this garbage? Its not funny, informative, or interesting. Every time something happens, some loser posts this same shit. Fuck you.
449.
Post 3351569 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Whoa...
Holy whale sell batman!
450.
Post 3351596 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Massive manipulation going on right now, some people desperately trying to prop the price up..
Might hold.
451.
Post 3351625 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Massive manipulation going on right now, some people desperately trying to prop the price up..
Might hold.
My theory: a big dumb whale put a sell order by mistake! Now he desperately needs to buy it back......
How do you accidentally 4k sell? Lol.
I mean, the way the market "is acting" kinda makes that seem possible, but i'd bet its just someone offloading coins and some people who paid >$160 trying to prop it up. So far they're winning.
452.
Post 3351653 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Can we stop quoting BTC/GoxBux please?
Can we stop quoting BTC/GoxBux please?
How bout you get the fuck out of the MtGox wall observer thread dipshit?
Massive manipulation going on right now, some people desperately trying to prop the price up..
Might hold.
My theory: a big dumb whale put a sell order by mistake! Now he desperately needs to buy it back......
How do you accidentally 4k sell? Lol.
I mean, the way the market "is acting" kinda makes that seem possible, but i'd bet its just someone offloading coins and some people who paid >$160 trying to prop it up. So far they're winning.
I love how bitstamp stays the same like... it doesnt give a fuck. Gox's dollard is worth less and less
Unless you were actively watching Gox, you'd have no idea someone just took a dump there.. lol.
453.
Post 3353016 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
Massive manipulation going on right now, some people desperately trying to prop the price up..
Might hold.
My theory: a big dumb whale put a sell order by mistake! Now he desperately needs to buy it back......
How do you accidentally 4k sell? Lol.
I mean, the way the market "is acting" kinda makes that seem possible, but i'd bet its just someone offloading coins and some people who paid >$160 trying to prop it up. So far they're winning.
You can:
1) When entering an ask, mis-type the price.
2) When entering an ask, accidentally tick the "market order" checkbox.
3) When you think you're entering a bid, you're actually in the ASK tab (the pages look exactly the same).
I've done all of these...
Yup, but 1&2 are both intending to sell [So they wouldnt rebuy, most likely, unless they were going for like 200]
And for #3, it would require he had another 600k USD in reserves.. not quite like us regular people who can easily have 50/50.
454.
Post 3362442 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
OMG look at the wall at Stamps
and here i am buying alts...
What do you mean? That there are no walls there? Now that $150 is gone its no depth rise.
I LOL at the dummies who buy after $144 and $150 fall. Herpaderp, lets pay $5 more than we would have if we bought in to that obviously falling wall..
455.
Post 3362535 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
OMG look at the wall at Stamps
and here i am buying alts...
What do you mean? That there are no walls there? Now that $150 is gone its no depth rise.
I LOL at the dummies who buy after $144 and $150 fall. Herpaderp, lets pay $5 more than we would have if we bought in to that obviously falling wall..
Yea yea we know you sold long ago and crying for a big correction, and it will happen
someday, keep waiting.
What does that have to do with anything? Im just enjoying the show
All my gains are from mined coins. My little bit of trading has increased my $ by ~20%. Yes, I'm out right now.. and thats ok. If I get back in, great. If not? Its still fun to watch.
456.
Post 3362557 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
The walls; time for parabolic rise.
457.
Post 3362810 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
About to go under 30k ask sum... We are gonna correct hard. Maybe mini crash $20 or so.
I lol'd very hard at "mini crash" "to $20 or so"
Im sure its accurate though, only a matter of hours. Very bullish prediction there.
458.
Post 3365942 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
yes but I think USD volume is more relevant than BTC.
What that chart shows is that there is that the market for exchanges is become more diversified.
If you've just been watching Mt Gox volume over the last 6 months you'd think that less trading was going on over time, but actually the same amount of trading is happening - it's just being more evenly spread out among the exchanges.
Not really. Gox volume is down a ton. Other USD exchanges up slightly. China has gained quite a bit, but not enough to cover for the death of magic the gathering online exchange.
459.
Post 3369662 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
I missed the show
Went to bed right when it was going over $170.
Looks like right after it hit $195 someone did a 4k sell? And now we have another dump? I cant really tell, was it a small sell at $195 in to low depth or was it actually pretty big?
Its extraordinarily volatile right now... go up $30, go down $25, go up $30... lol.
460.
Post 3369794 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
No coins have been moving in or out of Gox due to their Bitcoin nodes being offline
They're reloading the blockchain but it's 47,000 blocks behind so it's going to take some time.
Some snippets from IRC - lots of crap between these comments has been removed but you can see what's happening :
[21:52] <@MagicalTux> [23:51:41] <samfisher> so MagicalTux, what about my withdrawal request? <- all our bitcoin nodes were taken down due to an error with our hosting provider, some of the servers will be taken back up soon
[21:53] <@MagicalTux> soon = within a few dozen minutes
[22:31] <@MagicalTux> re-downloading missing part of blockchain
[22:31] <@MagicalTux> new txs will appear as blockchain updates
[22:33] <@MagicalTux> samson_: downloading new blocks as fast as bitcoind can
[22:34] <samson_> How far behind is it ?
[22:47] <@MagicalTux> right now: "blocks" : 217510,
So a lot of coins will hit gox in a very short period of time today when it eventually catches up.
how many days of withdrawals and deposits is that?
461.
Post 3371465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.17h):
LMAO, dat bid depth...
When a
BTC190 sell can reduce the market cap by $84,000,000
462.
Post 3371919 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
I cant get over how ridiculous this looks. It's been awhile since I've seen it so shallow. I much prefer the menacing whale-walls of days long past. lol.
463.
Post 3377042 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Well the orderbook looks a lot better now that the one guy staggered 1.5mill in bids from 165 - 175. Weird that anyone still has that kind of money on Gox.
464.
Post 3377595 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
189 just got eaten up. Definitely Chinese driven
You do realize buys of this size [small, under 1k] come all the time and is likely totally unrelated to the Chinese rally?
465.
Post 3377608 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
...am i seeing this right, the wall is actually at 190.08?
You're mistaken; just 600 on 190. The other day there were some odd walls at random cent values like $180.02, and they kept going on and off.. so maybe you caught one of them?
466.
Post 3377627 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Well the orderbook looks a lot better now that the one guy staggered 1.5mill in bids from 165 - 175. Weird that anyone still has that kind of money on Gox.
It's not entirely out of the question that someone would still wire money to gox. First you have newbies that don't know any better. Then, you have deep pocketed investors who want to get as many COINS as possible regardless of the price. Let's say they want, say, 30,000 coins, they have information that btc is about to take off like a rocket, and they don't have time to fool around. They see the order books on other exchanges and know they couldn't possibly accumulate that many coins there without causing massive slippage and accelerating the rally out of their reach, so they so go for the 30K they can see on the books at gox or that they know the giant gox bots will feed them.
Thats true. But you can buy 10k coins <$200 on bitstamp and mtgox right now [both right around 10k] it just doesnt make sense to stagger 1.5mill in bids like that, its just jet fuel, as if this rally needed any more.
BTW, I think gox bots are overrated. They were blamed for the sharp rise to $195 too. I think its very easy that this is just humans being human (stuipid). "Price just rose $10? SHIT!!", and then others follow at $15,... etc.
These bots are apparently awful traders, so why would any one run them with large sums of money?
467.
Post 3379890 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Only ~200k of the 1.5m USD bid wall left, where did it go?
468.
Post 3380344 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Only ~200k of the 1.5m USD bid wall left, where did it go?
Whale got bored of waiting, gonna just buy for best price.
He must be sitting there all day, sweating with the "confirm/OK" button on Gox. Are you sure you want to buy 6,500 bitcoins for $1.3M?
lol.
469.
Post 3380428 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Only ~200k of the 1.5m USD bid wall left, where did it go?
Whale got bored of waiting, gonna just buy for best price.
He must be sitting there all day, sweating with the "confirm/OK" button on Gox. Are you sure you want to buy 6,500 bitcoins for $1.3M?
lol.
Maybe he's waiting for the crash.
Well if that was his goal, he's an idiot. Because his bidwalls prevented a crash... now theyre gone and the bids are much healthier without him.
BTW, if and when 200 falls, what will the next resistance be?
470.
Post 3380728 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Digital Currency
Virtual reality may exist only in science fiction, but consumers now are able to purchase goods and services with virtual money such as Bitcoin, PP Coin and other digital currencies.
http://www.dfi.wa.gov/consumers/topscams.htm buy PPC?
LMAO
Also the little bit they wrote on it is such BS.
471.
Post 3383190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
China at 1142 (187.44 USD), still no movements on the other exchanges?
Would you expect all exchanges to rally if BTC-E went to $200 right this second? I wouldnt.
So dont expect the same from China.
472.
Post 3384435 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
someone needs to buy these bitcoins while they're still cheap. once we hit 200 we're just gonna flyyyyy
Possibly, but thats only if people buy into the shitty depth continually. Otherwise a random resistance point will form and asks will fill in. Same thing with $150. Was nothing after it, then it filled in at $180.
473.
Post 3391433 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
About 600 coins to surpass 205.5
Now 700 for $205; not that it really matters
474.
Post 3391628 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Interesting that 210 became the first significant resistance over 200. Would have thought at least 225.
475.
Post 3391670 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
An observation:
Last March/April, during the media coverage, my friends and family were interested in hearing about bitcoin, but not a single one took the next step and purchased any.
But now, upon hearing about the recent run-up, three people in my network are making small purchases. They are starting to believe there's really something to it.
So, its a bubble?
476.
Post 3391730 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
An observation:
Last March/April, during the media coverage, my friends and family were interested in hearing about bitcoin, but not a single one took the next step and purchased any.
But now, upon hearing about the recent run-up, three people in my network are making small purchases. They are starting to believe there's really something to it.
So, its a bubble?
What would make you think that?
When people start buying in to something because the price is going up, to me.. that sounds like a bubble scenario.
477.
Post 3391844 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Bitcoin is not even at the eary adopter phase, we are in the one before that, I forget what it is called... let us say we are at the mosaic stage, pre netscape... we have not even realized 98% of what this tech can and will be used for.
Erm, at the very earliest, its in the early adopter phase for sure.
478.
Post 3391869 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Bitcoin is not even at the eary adopter phase, we are in the one before that, I forget what it is called... let us say we are at the mosaic stage, pre netscape... we have not even realized 98% of what this tech can and will be used for.
Erm, at the very earliest, its in the early adopter phase for sure.
Most definitely not, prophetx is completely right.
Oh, right, we're in the delusion phase.
Carry on! up, uP, UP! BULL RUN TO DA MOOOON
479.
Post 3391915 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
gox leading
Each exchange has its own rally points and all follow the rest to a degree. I mean, its like bitstamp and $170.. big wall being approached -> rally. So, this is like the last of the coins on gox.. [again...] - the rest following is not a necessity.
480.
Post 3396208 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.
maybe there is a service called "baidu trends"?
Zero trade fees in china is fueling this pump/fake-rally.
Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
It's pretty easy to fake volume when there are no financial constraints to doing so. Don't you think? A single whale can repeatedly buy and sell his own coins. (That's not to say the market won't roll over him or that this is what is happening)
Sure you can manipulate volume. How will that help in manipulating price?
You don't think manipulating volume can affect price action? Re price manipulation, that would depend on how much of the coins/fiat on the exchange is controlled by the whale. Is it impossible that one could drive up the inter-exchange rate this way? Or would he just be run over by arbitrage? I don't really know, I'm just brainstorming...
Volume manipulation can only affect price within the spread. I suppose it could indirectly affect price by screwing over other daytrader's indicators, but I don't think they could reliably do so in a way that would actually cause a defined trend in one direction.
I figured that large manipulation of volume could skew indicators-- possibly could indicate a lot of buying pressure that is not real. Which in turn, could affect price action. Sort of talking out of my ass here, though.
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
However, if they went to $300, but the volume was 20k... then, others would react. So, if BTCChina volume is "mostly real", then its being followed properly. If its mostly fake due to zero fees, then this rally is on something that is not as it seems.
481.
Post 3396330 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
yes and a 300 btc sell would take us back to 213, waiting for someone to do it
There it is, after about 900.
482.
Post 3396408 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
If CBX went to $500 I'd move coins there and sell them, move fiat to my bank, then wire it back to bitfinex.
Hell, at that price you could just buy the coins thru localbitcoins.
Well yeah, but its like when rmbtb CNY went to 1500 the other day.. no other exchanges gave a fuck. Because they arent significant. Significance comes in the form of volume and trust.
Bitstamp is #1 in that I think. Followed by Gox.
Then maybe BTC-China and BTC-E.
483.
Post 3397883 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Alright, I've ran the calculations and determined we are in the 'return to normal' phase, not 'return to mean'
Double top and fear incoming.
484.
Post 3398286 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
how much was april crash influenced by goxlag?
i haven't followed it live at that time.
Entirely. If not for the lag it might not have popped at all.
485.
Post 3398331 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Have the bears from sub-100 decided to buy in yet or are they still waiting for "capitulation" ?
I wonder what happened to quite large sells (range $125 - $150) especially on bitstamp (few k btc walls or dumps)... will they buy back?
Probably already have. Or otherwise already withdrew, like me.
486.
Post 3399086 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Tractors with GPS can do pretty cool things at harvest time!
Someone should make a private key but not tell anyone and see if a passing plane grabs it. Then you can in the news some farmer transferred a tip to some random stranger flying by! Lol, somebody probably would find it on google earth first. Also if you're going thru all that trouble, may as well create a vanity addr
dose this scan to an actual BTC address?
Its almost certainly just a photoshop (and a very easy one to make), so yes.
487.
Post 3399425 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Most people hate jaroslaw and walsoraj. I find them to be some of the great visionaries of our times; fountains of truth, even when it results in them being viciously attacked by those such as dogfacebird.
488.
Post 3399767 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
oh fuck whats happening now
Hm, will 200 fall?
489.
Post 3399777 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
This wont go low enough for me to buy back lmao.
Almost 10k sold though, pretty solid correction.
490.
Post 3399872 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Well that was odd.. lmao.
491.
Post 3399883 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
bitstamp is wild right now, its bouncing between 179 to 195 within a matter of seconds, repeatedly.. wtf
You must be new...
492.
Post 3399917 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Another dip below $200 incoming, or no?
It seems like flashcrashes just cant work without good 'ol goxlag.
493.
Post 3399935 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Did Btc-China "crash" first or Gox?
Gox led 100%.
Look at your right, there is no ask filling in, it will slice back again in the 225 in a few hours. This is just an attempt to cause panic and buy back lower.
Sounds like nonsense. There has been no depth on either end for awhile. People panic.
Not everything is some manipulator.
494.
Post 3399957 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
First of all, that wasn't 1 person and if it was they are idiots.
You dont dump 10-15k BTC at market all at once. You could spend a couple of hours at least doing smaller trades and save yourself $10,000s.
So unless someone wants to burn money they dont dump like that at market. Of course, I think there are probably some pretty stupid BTC owners.
one person could be trying to ignite fear and cause more sell offs, only to buy back when the price is even lower...
That doesnt work in bitcoin. Look at the past 3 flashcrashes.
A few gain, most people just sit around break even or losses.
Look how quick bids fill in all of these times.
No one could be dumb enough to continuously try it. Its just "ALL NATURAL BOT-FREE, ORGANIC" panic.
495.
Post 3399994 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
First of all, that wasn't 1 person and if it was they are idiots.
You dont dump 10-15k BTC at market all at once. You could spend a couple of hours at least doing smaller trades and save yourself $10,000s.
So unless someone wants to burn money they dont dump like that at market. Of course, I think there are probably some pretty stupid BTC owners.
This has always been the case, a few mid-sized big whales dumping and trying to cause panic to buy back lower. It was very successful with goxlag and ddos before. But with slim ask side,its having less effect. Although here,due to big run up,it did cause big distortion in price. Like i said it will be back up in no time as there is no ask filling in.
What a prophet, no one else saw that coming.
Of course its going back up, just like SR, and just like... eh, what was the other panic over? Oh yeah, debt ceiling.
10k of sells gets counteracted by a 100BTC buy, then people stop selling. Then the bidwalls pop up, and the price goes right back up. Same thing every time. Gox lag is a thing of the past. If someone wants to panic to re-buy, they need more coins than this. And thats why this is not manipulation but rather someone offloading, and others panicking because of low depth causing huge slippage.
Whether or not someone else sells later? Who knows.
Did Btc-China "crash" first or Gox?
Gox led 100%.
Look at your right, there is no ask filling in, it will slice back again in the 225 in a few hours. This is just an attempt to cause panic and buy back lower.
Sounds like nonsense. There has been no depth on either end for awhile. People panic.
Not everything is some manipulator.
crashing is the best way to really see how good support is, i see strong support. good chance we rally higher tomorrow.
i'm going to lol very hard if my bid is filled when i wake up tomorrow
Dont confuse irrational behavior as support.
496.
Post 3400019 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Dont confuse irrational behavior as support.
In a market as speculative as bitcoin, both support and resistance are the result of purely irrational gut instincts.
Sure, all I mean is that someone selling down to prices that are clearly unwarranted is irrational, so do not confuse that as support. If bad news came out, then real supports are tested.
497.
Post 3400060 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Here's the deal. If we do not crash to double digits within 24hrs, I will become Ultramegabulltron 3000. My irrational optimism will dwarf anything you have seen from Adam.
Oh wow!
Can't wait.
And no: we wont crash do double digits.
NONSENSE, my bids are at 88. I've not once placed an ask or bid without the price coming to that level at some point.
498.
Post 3406866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Looks like btcChina is about to lead us into another dive.
dive dive dive dive dive dive dive
I wonder how this will play out without bitstamp being operational?
My guess is it wont end up being a major drop, but if it is.. imagine all the people lined up trying to log on to bitstamp and panic sell.
499.
Post 3406909 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
With a 5K wall at 175 and ~1K at each $5 interval, I don't see it going down too far.
BEARS ARE OUT OF COINS BUY BUY BUY!!!
? The bid depth is still atrocious, what are you talking about? Or are you trolling?
Looks like btcChina is about to lead us into another dive.
dive dive dive dive dive dive dive
I wonder how this will play out without bitstamp being operational?
My guess is it wont end up being a major drop, but if it is.. imagine all the people lined up trying to log on to bitstamp and panic sell.
What isn't operational about bitstamp? The website loads for me. Is just the engine down?
Sorry, you're right. Just good old bitcoinity being crap again.
500.
Post 3406964 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
More chances to go to 202 than to hit 195....
I just hope it doesn't go below 190, otherwise panic will set in...
I think if we survive tonight in the 200's we will have a quiet weekend and we will see 210-230 next week again and maybe an attempt at the record.
I already solved this dilemma the other day, it was a double top.
With a 5K wall at 175 and ~1K at each $5 interval, I don't see it going down too far.
BEARS ARE OUT OF COINS BUY BUY BUY!!!
? The bid depth is still atrocious, what are you talking about? Or are you trolling?
With the dump that took place less than 24 hours ago, and no money flowing into Gox, I'd say the bid depth isn't
that bad.
I was more or less talking about how many coins the bears could possibly have, to make people think we are going to crash again, this time to 150, so soon.
Oh no, I definitely agree. It has rebuilt quickly and entirely. But its still bad. The $175 wall has resulted in bid sum rising about $750k USD from pre-'crash'.
501.
Post 3409603 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
What are you talking about?
Wow! WTF?
In the last 24 hours it has received ~
BTC144,500 with ~446
BTC354 transactions?
502.
Post 3409678 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Bubble popped
and I couldn't cash out during the week.
I'd say it half-popped
Am I the only one expecting someone to buy in to the awful depth, maybe to $200 or more?
503.
Post 3409770 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
1800BTC bidwall in China... although its under 1,000 CNY.
Gox just continuing a slow drop.
I think everyone is just waiting on $175.
504.
Post 3409800 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.18h):
Anyone willing to call a bottom?
Cant hurt, can it?
$125 Nov'2nd
MtGox USD
505.
Post 3409954 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
Anyone willing to call a bottom?
A local bottom or the bottom or the big bottom (of this bearish market)?
big
We haven't tested yet the low of 50.01 so .... have fun with speculation
What is going to be the bottom price? I more or less know it (with +7 / -7 USD precision range).
When is going to be the big bottom? I more or less know it (with a monthly precision).
Will I tell you at what price and when the big bottom is going to be? No
What I can do is I can make a private call to a selected individual here and this individual will reveal the call a few month after the bottom is hit. Would that be okay?
__________________________________________________________
If I was I would carefully study Walsoraj's posts. I would also carefully study Jaroslaw's posts in case they appear (Jaroslaw is Walsoraj's evil twin from an evil parallel universe).
If I were you I would sign up with a good technical analysis forum and take lessons there.
Just tell me, I'll let everyone know if you were right.
506.
Post 3410528 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
WB 170's
507.
Post 3417221 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
if we don't see some buying soon, we will crash; target 168
no one wants buttcoins
508.
Post 3418054 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
Looks like someone is needing to capitulate some serious coin but there was no support to do it at higher levels. (the entire rally was actually contingent on nobody selling). So we have entered a multi-phase "btc-rocket" as I would lovingly call it because it increases my btc.
Phase 1: Flashcrash.
Phase 2: Slow and steady dump on low volume.Phase 3: Slow and steady dump on real volume. You see 5K dumps now.
Possibly a phase 4 of final capitulation at high volume.
It ends when you seea high volume day of consisteny huge blocks/walls/buys of support at one level. It's not just going to creep up into a reversal on low volume like we are all hoping last night. (I must admit it was a moment of truth even for me, with both my buy and sell buttons engaged).
Huh? I cant understand. You think someone is trying to dump? Why?
509.
Post 3418415 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
When was tehre a 10k dump? I dont remember that.
Biggest thing was like a single 4k sell at like $150.
510.
Post 3465561 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
Little bit sick.. got bored with zero Bitcoin movement for days, and started playing some online poker again.
Fawwwwk, getting my ass handed to me.
Please start moving again Bitcoin, for my own good.
I know right? This exact same thing happens to me. Whenever Bitcoin slows down, you either start gambling, or speculating, or doing something else reckless.
Yes, I can be a bit of a degenerate on the weekends..
Just small stakes anyway.. but need some action in the afternoon.
Anything.Is that 3k wall on bitstamp and the 2k buy ~18hours ago not enough?
511.
Post 3475438 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.19h):
Interesting ask wall on BTC-E.. never seen them that large there. (1400)
512.
Post 3479630 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
the 2k bid wall at bitstamp is crazy. there - gone - somewhere else - now gone again?
They're just panicking as the price rises
Guy with bidwall at $193 dungifafuk
513.
Post 3479727 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Just eyeballing it, there's about 7 million dollars worth of coins for sale on ALL the major exchanges. Things could get pretty crazy really quick... hopefully buyers will hold back waiting for the chimeric "dump" and we'll see not-entirely-irrational price appreciation.
I see 12m.
Alleluia! I finally have my deposit on Bitstamp!
I tell you what will happen : i am going to panic buy and then the price will crash.
Another 2k added to bidwall, buy naow!
514.
Post 3483879 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Bitstamp is down...
"A" for effort sir. That's what counts.
You've been wrong quite a lot these days
Just prematurely right!
515.
Post 3483927 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Not trying to shit on your post.. but isn't that the spanish train crash where tons of people died that just happened this year ? Not very good taste
was writing the same. Put that s* down.
Quit being offended. Its a train crashing through 266. Get a f'ckin life.
516.
Post 3483966 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
I'm not sure why you guys think that is worth posting but you've both earned an ignore.
It is simply poor taste to expect people to laugh at your shitty GIF where literally every second of that people are dying and it was a european tragedy that just happened this year.
Thats the difference.
Irrational.
517.
Post 3485218 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
SELLSELLSELL!
Looks like we have a few trying to be the first to sell on all the exchanges. Will others follow? Hmm..
518.
Post 3485808 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
You end up the night at 234$/BTC and you wake up at 240$/BTC. Good morning everyone!
It looks like someone is trying to make it $234 before I go to bed
What does that even mean? Or is it a joke?
519.
Post 3489309 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Gox under 20k asks.
520.
Post 3490870 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
$1m bid wall on bitstamp and some nice buys
521.
Post 3493629 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
It feels like April again.
Yup, but no lag induced trading.
522.
Post 3495542 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Where? Bitcoinity says 266 even
523.
Post 3500308 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
What a nut lol.
Now who buys knowing someone might 10k dump at any moment?
Big balls do. How many people with balls arent already in BTC though?
EDIT: 6500 on 266.90
Wonder how much this guy has? Maybe he has offloaded a couple k already, or maybe they have a looot more than that.
524.
Post 3500512 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
if this 7k wall gets eaten, it jumps to 300 fast
Doubt it; it will eat a lot of the fiat on the exchange.
525.
Post 3500825 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
I like Gox because it has two step authentication. I hate relying on passwords only. Does any other exchange offer 2-step?
I never realized that was a Gox "exclusive" lol, but yeah, I wouldnt use an exchange without 2 step..
526.
Post 3501483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
It's the first real depth in a while.
For certain definitions of "real"
someone trying to buy back cheaper before removing the wall...
Sounds legit, there seems to be an invisible wall at 264.
No such thing as an invisible wall, at least on Gox. Or Bitstamp. Or.. most exchanges.
527.
Post 3503225 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
What the fu... 6169 BTC ask $266.9.. who is selling 6k of coins.. how far down will that take us?
It was 10k earlier today, l2 check back in the thread.
Also, bitstamp bidwall pulled; or 4k of it was.
528.
Post 3504409 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
THERE SHE BLOWS!
529.
Post 3504452 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Its a clusterfuck, everyone is hesitant to buy because of that wall.. but there are no asks at bitstamp, so the few people [and really, there are very few] buying there are causing panic elsewhere.. lol.
Bitstamp only needs a 1k buy for $280
530.
Post 3504477 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
Its remarkable that Gox is holding...
Seriously, da fuq?
531.
Post 3504512 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
I thought I would never say this..
but I wish I had fiat on Gox..
lol, bull, its still a minute difference from Gox and Bitstamp.
532.
Post 3504535 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
I think this 10k wall was healthy in the end, so we could really measure the strength of the rally.
Dont get ahead of yourself, it still exists LOL
533.
Post 3504657 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
This is getting nuts, I was a doubter that the price would rocket.. but the bids are finally filling in.. asks are not recovering at all..
Bitstamp is up to a 500 BTC/USD ratio FFS.
What on Earth was this guy thinking? (Unless he knows something, HES NUTS!)
534.
Post 3504675 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.20h):
I do wonder, if it is a bad sign that someone parts from such an amount of BTC?
What if it's Mt Gox's BTC?
just going to say this...
maybe gox is trying to get enough fiat to send people.
This is the best explanation that I can think of. It also fits in with the intelligence level of Gox to try and do all 10k at once.
Pretty sure that is the stolen bitcoinica money being sold
what a sad day.
What stolen bitcoinica money? Also, why would they send it to a place that required verficiation? Unless Gox stole it LOL
535.
Post 3505508 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
In case anyone wanted to see that wall being eaten from a slightly different angle...
Awesome.
536.
Post 3505819 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
Oh no, Adam has put his uber-bull hat back!
Now seriously, since there was no crash, this means that China is the beacon, they keep buying.
I expect a sharp rise of the price for a couple of days (how many, unknown, it depends on volume), and then the crash.
Come on man, you're worse than Proudhon..
537.
Post 3506022 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
Oh no, Adam has put his uber-bull hat back!
Now seriously, since there was no crash, this means that China is the beacon, they keep buying.
I expect a sharp rise of the price for a couple of days (how many, unknown, it depends on volume), and then the crash.
Come on man, you're worse than Proudhon..
Tzupy, you have been calling crash since $70. Are you still out, or not happy with 300% profit?
Even China will stop buying at some point. Not today, but that day is coming.
Well, yeah, it has to end at some point.. Thats not a prediction, its just... stating a fact.
538.
Post 3512091 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
GG
, MAYBE NEXT YEAR
Thanks for increasing my BTC holdings panickers!
539.
Post 3517022 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
Im suing the issuer of bitcoins for artificially reducing supply and keeping me up at night!
Guys its all a trick. People dont want bitcoins; that Satishy Nicklemoto guy is just hoarding the coins!
540.
Post 3521467 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
But why the low volume?
Because there are no coins for sale, lol.
541.
Post 3521890 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
[17:13:13] <SarahCoinBit> The deposit issue is fixed now so everyone should have their coins. Please let me know if your deposit still hasn';t gone through
You can see it happening, ask sum up [DRAMA]13% in the last 30 mins[/DRAMA] which also happens to be.. 1500 coins.
But also quite a lot of tiny market sells, which there were none of before. Lots of people happy to cash out at these prices.
542.
Post 3527639 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
Maybe the crash is due to DDos attack to BTCChina.
Doubt it, Gox and Bitstamp went down a lot harder than did China.
543.
Post 3527659 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
No trades are going by, so its probably down to some degree.
544.
Post 3528061 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
China dropping hard... but still, its only losing like 12hr of gains or something LOL
545.
Post 3528111 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
Nice n' healthy. I love it.
People said this in April too; the rise is still too fast.
A 10-25% drop that lasts for 1hr is insufficient.
546.
Post 3528126 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
People said this in April too; the rise is still too fast.
A 10-25% drop that lasts for 1hr is insufficient.
MAC Donalds, I'm lovin' it.
Sorry, I dont get it?
547.
Post 3528162 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
seems like some whale wussed out.... only made the market stronger.... china charged right back to 2400 in minutes lol
No, I dont get why people think all movement means whale. Its a bunch of small-medium players selling, not a whale.
A whale move is obvious. Like mr. 10k wall the other day.
548.
Post 3528245 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.21h):
Interesting theory, but why would they use an exchange? Or, if they did, why Gox and not something smaller?
Totally unsure of what I'm going to wake up to tomorrow...
$400? $500? $200?
Need Walsoraj' guidance.
549.
Post 3532155 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
I think the biggest difference this time it new people coming in... I've had people who have never considered bitcoin, and never traded stocks before asking me how to buy, and its so easy now to just direct them to coinbase.com instead of explaining exchanges and wire transfers to them.
Yes. Same here! I had told a few friends in the spring but we were using Bitfloor and it was tricky getting money into, not to mention the site did not even last (unfortunately because I really liked the trading platform there!) None of my friends signed up then. Now Coinbase is so much better and self-explanatory and one of my friends was over at my house last night just getting signed up and getting more information. She has more money than I do to invest so even at this higher price she should get a nice little stash when she finally is able to buy. Of course, at this rate it will be $400 when her account is activated! I would feel bad about that but I told her she should really buy when it wasn't even $200 yet but she did not act fast enough. I guess seeing the price rise so fast is an incentive to get involved.
This is true, when I told people about bitcoin in April few were interested. Now that I've come back and told them its hitting ATHs again, I've had 3 people ask, "Well, where do I buy them?"
TBH though, I'm not sure thats a big deal. Its good, but not sure "how good" if that makes sense.
550.
Post 3533415 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Very strong... much more deposit $$$ coming to the exchanges
Any sources on amounts of new USD arriving at exchanges or is it purely speculative ?
Gox holds significantly smaller market cap than it did last bubble.
Yet follow the green line:
Still not as high as April and the price is 50% higher. But dat bid/ask, mmm.
551.
Post 3534327 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
You always told me that this was a bad sign
This is the best example of random lines on a chart I've ever seen..
Seriously, WTF is that supposed to be? Half of the data isnt even in the wedge..
552.
Post 3534764 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.
Yay Loaded is back!!
you know we going t0 d4 m00n when loaded is about!!
the guy saying ignore the troll, i take it you weren't around during the last bubble? If you were you'd know loaded
I was, but I dont know who he is. I know he has a lot of coins though.
3M a day would work out to ~50k coins, I think.
553.
Post 3534843 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
When I said back in April (when the price was ~230) that we were going too fast and a crash was imminent everybody told me "this is not gonna stop til 3000!".
When I told you 3 months ago (the price was ~60) that we were going to hit $400 everyone laughed about my TA drawing.
Now we have exponential growth, we increased 235 in a month without a single correction, and you still don't want to believe...
The only reason it stopped in April was from Gox lag. Not TA.
The only reason its not crashing now is because there is no Gox lag, and there are legit reasons for the rise. Not TA.
554.
Post 3535460 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
i would say 1-100 dollar bitcoin is a bargain, not 300 dollar bitcoin
An absolute bottom of $100-$150 this time around after the $50 absolute bottom in April is very good growth and considering we left the old ATH way behind it can only be good for the long term.
Remember pure undiluted greed is driving these market movements. Nothing is done without the single goal to maximise profit. A sudden increase like this happens for a reason - somebody with a lot of USD decided to pump the price. When his targets are reached he will liquidate and wait to do it again and again.
None of these large movements are a community driven effort - it's a sustained pump designed to inflate the price to new highs and it's working. It will get media attention and inspire people to check out Bitcoin. But cold hard cash is the motivating factor here.
Or... it could be the trust? And a bunch of newcomers, which is clear from the forums, google trends, and also China?
--
I sure as hell hope it doesnt crash now, needs to go up over $400 before a crash can spike down hard enough for nice profits.
555.
Post 3537480 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Looks like Europe will be waking up just a little bit to late to actually profit from this short opportunity.
You are right.
When I woke up the big (usual weekend) crash was already over and it was 3:00 am. Made very little profit on a flashcrash but still a good learning opportunity. Looking forward to the responses (up or down?).
I think Europe is going to wake up and buy, lot of people waiting for this opportunity.
I dont think so, with a rise so quick, its only a few hours of people who were queued up waiting for a better entry point. The rest market order or bid.
556.
Post 3549659 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
SELLSELLSELL!
557.
Post 3550065 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Looks like someone didn't cover their weekend shorts. Cheaper to crash Gox.
lol. You really believe someone is trying to sell 10k's of coins, and it just made Gox insta-die?
558.
Post 3550201 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Its old (today morning) but maybe it has something to do with the current situation:
https://plus.google.com/+mtgox/postsEMERGENCY MAINTENANCE
Dear customers,
In order to streamline our service, MtGox platform will be offline between 3:00 a.m. and 5:00 a.m GMT on October 11th for site maintenance.
Thank you for your continued support.
Now its: Monday, 11 November 5:12:14 p.m.(GMT + 0:00)
I dont see how they are related.. because its the 11th of the month? Even though its not the right month?
559.
Post 3551486 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
This DDoS is actually getting pretty bad (long)
If it goes on much longer I'd expect some dumping elsewhere..
560.
Post 3551550 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Those graphs are obsolete since they don't include all relevant exchanges and also don't group multiple currency pairs on a single exchange together. This is a more accurate view:
http://data.bitcoinity.org/#caaaabegaaThanks, and...ouch, gox is hemorrhaging market share:
that or the market just became bigger, with that bigger volume being spread out over the different exchanges.
I really, really doubt that.
And you have to remember China volume is at least half fake.
561.
Post 3552655 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
I really, really doubt that.
And you have to remember China volume is at least half fake.
Huh? Did you just create that statement or do you have something to back it up with?
Whatever your opinion, you can't take the volume numbers as "real" as long 0% fees incentivize volume manipulation. How much manipulation is happening is anyone's guess. But I think to assume that what we are seeing for volume = what we would see with > 0% trading fees is misguided.
If this China volume is fake due to 0% fees, why would it stop now? I see even more manipulators lining up to increase profits if its this easy to do so.
Seeing 20k volume go by in an hourly view, with a price rise that would require no more than a 2k buy... thats fake volume.
E.G.
2k away from, say, 2300.
Look at bitcoinity "1h" view"
See 15+ 500+volume data points, all going up; price still hasnt reached 2300 (Again, example)
Impossible. Fake volume.
I saw this happen earlier with 2200.
562.
Post 3552816 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
Gox goin nuts, lol, even the lag counter cant decide.
563.
Post 3556477 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.22h):
what about that 2000 coin ask at 385 that has now disappeared? it didn't look like it would get bought up tonight at the slowish rate (in comparison to the last week) we are moving at. but why was it there? what was the seller trying to do, if anything? why did he take it down now? sum ask still around the same level though
This is why you dont block chartbuddy
564.
Post 3577598 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.23h):
adjusting chartbuddy Y parameters scared the shit out of me; looked like monster walls.
565.
Post 3627431 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.24h):
China at $780? WTF, thats up 50% in last 24 hours? lol! And LTC? Up 125%+? WWWTTFFFF xD
566.
Post 3633919 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.25h):
More and more am I starting to believe that BTCChina is (for a large part) fake.
- Their volume reports are ridiculous. On the 3 minute chart they have almost exclusively 300 btc per candlestick.
- The whole rise-up at BTC-China seems orchestrated. Every sharp rise is nicely crafted into a short dip which then recovers in order to make others believe that it's safe to buy
And most compellingly
- During the crash the volume stays _THE SAME_ throughout. There is a sharp drop, but no panic selling at all! The volume is constant. This does not make any sense to me.
- Notice how every downward candle towards is also attempted to be caugt immediately - many many intermittent recoveries during a crash. It just doesn't make sense.
It's almost as if the whole exchange is scripted to make fake orders to amplify any movements seen on Gox. Zero trading fees would allow this.
=== I'm just speculating here ===
Thats really quite interesting. You'll also notice areas on BTC China where there is mysteriously no volume at all, and then it picks up again.
The reason this matters is the other markets are blindly following China. Gox has started to diverge since ~$500, showing some major resistance to upwards movement, but it cant go down with China going up so much-- at least for long.
Also.. wtf, China went up over 100% in 24 hours? And the Gox bid sum is tanking, all the way down to ~ $20mill now?
567.
Post 3642619 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.25h):
Looks like about 5k of asks staggered to 1000 just showed up
568.
Post 3642938 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.25h):
But you do know that these will be airbrushed to hell? The only thing you'll be sperming over is airbrushed paint and more so for those men magazines that's all you see air brush air brush air brush, is there any actual female left after you've repainted the whole model.
please...at least rescale these pics or just post the links if you think you need to quote this NSFW BS
Agreed, it's totally unnecessary.
569.
Post 3647671 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
Wow.
So how big was the sell in reality? All the sites I try show it to be ~10k, with 4k of asks..
570.
Post 3647842 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
This is just like April - I have no fucking idea what the actual price is LOL
Walls look different everywhere.
571.
Post 3647940 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
wow, bitcointicker is kicking bitcoinwisdoms ass
I can't keep up with the latest data aggregator site...lol
how is it that they show different data for long periods of time?
Who knows. But I think bitcoinity is actually faring the best right now.
Bitcoinwisdom and bitcointicker are both wrong; trading.i286 has been complete shit for 3 days+, and clarkmoody always dies during high volume.
572.
Post 3647971 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
If 400 does not hold we'll go test 200
If 400 holds, reversal will bring us to 1000 within 10 days.
I.. agree with this.
And I think $400 is holding.
The amount of buying going on outside of Gox is just too weird.
BTW both stamp and Gox @ 490.00 lol.
573.
Post 3647978 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
yep, thank god that we have stamp and china, otherwise this would be like april
Agreed, this is not April.
This is June 2011.
Wait, I thought this was Sparta.
No, this is Patrick...
574.
Post 3648003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
That was amazing to watch, that volume! This is one ugly picture
Damn it, thought that was a "new" capture, not 10 mins old! lol
Looks like recovery starts now; unless more whales come out to play.
China still has 3.5m USD of bids until ~$500.
575.
Post 3648029 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
Noobs.... Turn off your computer go to bed, wake up the next morning and thank me later.
But, but, the probability for the price to do anything other than push towards $600 is like 1%! WHAT IF!
Seriously, its almost always the same thing.
If the ask wall falls then its going back up. And its probably going to fall. So calm down ev'rybuddy
576.
Post 3648070 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?
Gox volume is 100% real. China is not.
A 10k sell is nothing to scoff at.
577.
Post 3648141 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
is that 535 wall real....?
Of course, why? Arre you new (serious question), because that wall is only 1,500 coins (was 4,000)... and a 10,000 coin market sell just happened. That seems like the more interesting thing here
578.
Post 3653363 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
This bull trap? is lasting longer than I thought. I dont like it, im still in dirty fiat
Lol
One more 10k dump and its definitely going to pop. If no big dumps come then who the hell knows.
579.
Post 3653443 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
China doesn't like this rise.
Theyre still almost $700.. lol
580.
Post 3653483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.26h):
I believe BTC should be in the $150 range. There is nothing to support any higher of a price.
What makes you say that?
Because at this point there are a lot of exciting projects in the works for BTC. Key word in the works. One ATM and a letter from Bernake saying BTC is legit and we can't really regulate it doesn't make it worth $600. I am willing to place a value on the speculation of what could happen but until it does it's not.
Look at it this way; If I asked you to invest in my company that had some great projects in the works that will make us billions would you give me a billion dollar valuation right away or would you want to come in at a more sensible valuation because we are so early on? You're not going to make an investment based on what it could be, you will invest on what it is.
How about if that company had developed a universal cure for cancer with apparently no side effects and just had to go through FDA approval and marketing?
I agree. Saying its "In the works" does not mean it shouldnt count.
Also, down we go?
581.
Post 3664693 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.27h):
Someone just put a 3k bid up on kraken..
troll or dumb ? Lol!
582.
Post 3665893 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.27h):
This explains some odd behavior but it's not a big deal.
583.
Post 3852542 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.32h):
Damn 150 BTC buy wal @ stamp lol
150 btc
wall?
150?
Those things were once molehills.
Still is lol
584.
Post 3852588 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.32h):
LMAO @ 959 buy wall.
If that guy had any intent to buy, hes todays BIGGEST MORON.
585.
Post 3852666 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.32h):
LMAO @ 959 buy wall.
If that guy had any intent to buy, hes todays BIGGEST MORON.
you mean the sell wall?
No, someone put up a 500 buy wall at 959 once the 960 wall was getting eaten.
Stupid only if he wanted to buy. If manipulative it worked super well.
586.
Post 3852965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.32h):
I can't even browse this forum for 2 minutes without being logged in and have ignore turned on. Is that guy Walsoraj a troll or really just mentally handicapped? I can't tell the difference.
Theres no bullish side to the recent news.
But I cant see $100 coming. China might have ignited the rocket, but its already in orbit.
Probably $100mill USD have entered the market since ~$200. It wont all magically disappear. This is why the 266 bubble couldnt go below $50. Too much money in the exchanges to allow it.
Same deal now.
587.
Post 3853347 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.32h):
Thoughts on this theory going into the weekend?
Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.
But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges. People sold btc and are now holding fiat on the exchanges. Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?
I would imagine not, since that basically puts us in neutral territory. Either way can go.
588.
Post 3853582 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
Down with 900 :/
589.
Post 3853740 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
As we bounce up and down, the total bid sum is vanishing quite fast.
Buy orders at 100 Sir!
On which exchange? you should stagger orders between $100-150.
Cents, you mean? Dollars, sir? Dont be ridiculous. Who would pay hard earned dollars for buttcoins?
Cosbycoin is where its at.
--
On a serious note, this sell is unbeliable. Red just keeps going by.
590.
Post 3853780 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
loop??
Looks like gox went into trade-protection mode again..
591.
Post 3853881 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
Guys.. there was a real 6000-8000BTC market sell.
However Gox trade protection kicked in, and its looping the same sell over and over. So basically Gox is retarded.
592.
Post 3853945 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
Guys.. there was a real 6000-8000BTC market sell.
However Gox trade protection kicked in, and its looping the same sell over and over. So basically Gox is retarded.
How does this protection work?
Not sure. Its probably some sort of hack protection, in case someone fucks the exchange up.
So it reverts the [massive sell, in this case] and for some reason keeps replaying it.
Then it finally stops looping and the exchange functions from then on. The sell, of course, not reverted.
--
Random question though: Why do altcoins:BTC drop when BTC:USD drops?? Shouldnt it remain constant?
593.
Post 3853983 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
The best part about Gox infininite loop is the moments after it starts to function again, and hundreds of market buys and sells go through...
Why? Because for [x number of minutes] people are placing orders, but they cant cancel them even if they wanted to..
They all go through once the loop stops.
594.
Post 3860802 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.33h):
Is the guy who has had a 1mUSD bidwall @ $100 on Bitstamp finally going to get the last laugh?
I hope not, but it sure would be an interesting turn of events.
595.
Post 3898780 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.35h):
Buy your bitcoins before there are none for sale..
Boy if you'z tha fed you cud by'oself ova sevn'y thawsend cosbycoin in one day of printen.
Tell me thay aint none fo sale.
596.
Post 3995994 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.39h):
Dat ask sum...
44,000? Its been awhile since its been that big.
597.
Post 3996085 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.39h):
Gox looks ready for dump part 2.
598.
Post 3996176 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.39h):
Is trading.i286.org broken or is there really 45k asks?
599.
Post 3996263 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.39h):
That wall at 800 on Gox is the fake one again.
It appeared last time at 850, then 800 and now its back. It got pulled the second it was touched.
Not fake, just got eaten :O
600.
Post 4028065 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.42h):
What causes the price drop to 5xx?
BUBBLE & BAD NEWS, CMON YO. What caused the price to go up >1000% in a month hmm?
GOOD NEWS & INFLATING BUBBLE.
601.
Post 4028149 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.42h):
Anyone think we will break 600 and stay?
My guess is no. Should be some more dumping..
602.
Post 4080018 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_11.45h):
Question of the night:
How do you (personally) say Mt.Gox?
1. Mount Gox
2. M-t-Gox
3. Magic: The Gathering Online Exchange
Mount Gox all the way!
Also, Dog-Ee.
603.
Post 4966070 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.03h):
Mtgox $825 wall of 200 was just eaten alive by a 500 dump...
Whoever can withdraw BTC on Mtgox is going to make some major $$$$$
The days where 500 is called a dump... :O
604.
Post 5104254 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.07h):
let me show u what a fucking car looks like
yup thats about right
Finally someone who gets it! That's a car!
that thing is hideous!
Tesla all the way.
605.
Post 5131311 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Hodlers Digest is hilarious. Nice job
606.
Post 5131340 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
i herd al kayduh is funded with bitcon, is it true???
and that every time u mine a bitcoin u are directly funding al kayduh?
this means im terrorist
607.
Post 5132614 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Really starting to get that itch to buy....
608.
Post 5132627 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
200 usd spread nearly at the stamp gox canyon, the panic is intense
. This must be tense for those with low faith in the protocol. I just remain patient and let the devs and exchange address any issues they face.
Yeah, and remember $200 is a 50% increase over Gox prices. Much difference. Such gap. WOW!
609.
Post 5132662 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
(590-410)/410*100 = 43%
Edit: [Now]
(590-401)/401*100 = 47%
610.
Post 5132832 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Gavin Andresen @gavinandresen 18m
Today was about ignoring people and Deep Coding. Executive summary: protocol is fine. Reference wallet implementation is getting fixed
Well.. that was... expected. The fucking bug was merely an annoyance anyway.
What was expected? Am I missing something? I mean, we knew from.. day 1 - that it wasnt a major bug. So im just wondering if his post has any significance regarding: Easy fix (to quell the panickers) & dumb Gox?
611.
Post 5133069 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Never Forget
April 10, 2013
https://www.youtube.com/watch?v=onMq0NHEEpoYou have to believe Gox is motivated to fix this problem soon.
.6% of $900 is much better than .6% of $375
Math genius here.
612.
Post 5133126 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Finally a freefall, means its time to soon
It's time to soon.
God, I hate when its time to soon.
613.
Post 5133146 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Current Gox/Bitstamp price disparity: 57%
614.
Post 5133165 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Holy shit!! MASSIVE DUMP ON GOX
615.
Post 5133181 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
616.
Post 5133240 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
my bids are filling...
this is really fucking stressfulll
I know how you feel man. I just placed bids before that dump and, while they werent hit, im awestruck it got that close.. so fast.
my bids are filling...
this is really fucking stressfulll
You have bids on Gox?
I never felt like showing proof of identity and all that. Now look xD
617.
Post 5133326 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
panic buyers @stamp
Very interesting. Massive dump on Gox (while totally irrelevant, people still follow that turd)... and stamp is becoming bullish..ish
618.
Post 5133349 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
I just hit market buy
this is FOR SURE the bottom
I think so too. That bid depth filled in fast as hell.
619.
Post 5133384 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Ah fuck, bull trap or bottom...
No matter what, it always revisits near the bottom.. so I'm holding off.
620.
Post 5133423 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Ah fuck, bull trap or bottom...
No matter what, it always revisits near the bottom.. so I'm holding off.
Looks clearly like a trap to me. Why would somebody buy coins for 577 when the price is at 550...
I mean in Gox terms. I still have fiat stuck there.
We get IOUs very cheap there.
621.
Post 5133455 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
rofl @Gox
Really, boycott this shit.
Gox just broke $400
622.
Post 5133504 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Theres just no way that was the bottom after a dump like that
623.
Post 5133564 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Hmmm, who are these people buying in the $590s on Stamp? Seems pretty likely we're going to bounce back down off of $600, no?
Im thinking yes...
If I were someone who got in at 550 on (stamp/btce/you know what) or the low 300's on Gox id be happy with the profits and sell now..
624.
Post 5133611 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Theres just no way that was the bottom after a dump like that
It more likely that was the bottom, with this ~4000 Coins Dump.
There's is a good chance for. Bids are filling up quick...
...but who knows?
Bid-sum wise, there is almost 5k back to 302 again. So yes, definitely good recovery there.
However I am not convinced. I'd rather lose out on profit than lose what I "have" (Gox)
625.
Post 5133653 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
And we going down @stamp, sell orders turned around from 20-30% to 70%
Its still a standoff yet..
One panicky player can probably determine whether or not this is the bottom or not. Because right now I dont think its set
626.
Post 5133686 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
ALL ABOARD THE BULLTRAP!!! FINAL CALL BEFORE WE CONTINUE OFF TO DEATH!
627.
Post 5133718 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Sell now on Bitstamp or cry yourself to sleep later.
628.
Post 5133747 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Sell now on Bitstamp or cry yourself to sleep later.
somebody sold
To be honest, I havent traded a bitcoin in a loooong time.
I dont really want it to go down since im mostly in BTC. But I do have some fiat lying around on Gox.
Sell now on Bitstamp or cry yourself to sleep later.
my only bitcoin is thru mining...so I'm covered if it goes down to 150 btc.....as far as intitial investments etc
looking to gamble
again noob likely clueless
Searing
Same here! However I turned my .4BTC of mined bitcoin into 1.2 via trading on Cryptsy
629.
Post 5134160 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
3 minutes ago - 200 BTC market buy order on BFX
Uhh, thats.. totally insignificant.
There was a 5k market sell order on mtgox a little while ago. 5000 (5k) [5 thousand] {FIVE THOUSAND}
630.
Post 5134190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
There has been someone buying 1000btc at a time on bitstamp and bitfinex at every hour during this entire downtrend.
Proof?
631.
Post 5134370 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Bitstamp bull trap.
Is slowly coming to an end. I think
Pre-panic sell callers have begun to panic sell on Gox.
632.
Post 5134846 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Shit the price went down to 300 in my sleep
Can anyone fill me in?
A couple panic sellers seemed to have triggered a massive whale, who single handedly sold 5000 BTC in a single market order.. lol!
633.
Post 5135254 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
So we got back to 625 and then someone puts up a wall there to make sure we go down again.
What is it with these people? When is it enough? Why the need to just take us down and then down some more? We'll be at 500 soon if this continues. Will people push it down from there on because there will be cheap coins at 300?
And the sheep in the meantime just keep selling because they think that will get their money back.
Really, when is it enough?
All the bears here, is this what you wanted? Are you extremely happy now? Or do we have to go down further? Are you people even buying coins or do you just enjoy the market crashing and everybody losing money?
I just don't understand the logic of constantly pushing down.
Hey, hes back! Crying again...
Its enough when the market decides it is enough.
634.
Post 5135772 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Jaroslaw my PM wont send, please place the wall at 400 on Gox. Start it small.
Thank you.
635.
Post 5135805 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
It was. I called it 2 hours ago. And I'm always right, hence my infinite riches. And the fact I still have fiat on Gox.
636.
Post 5135845 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
Hmmm. BTC-e back up. My 500 bid might get filled tonight.
Better move that bid down buddy.
637.
Post 5135878 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.08h):
I'm hoping 588 is not a bull trap. It's ok though it's just one position of many.
For me, catching the falling knives is the easy part. It's knowing when to throw them back that's hard. Resistance at ~$500 has been tested twice, and held up under extreme conditions. This is the range we are in unless some other factor comes into play.
u mean support??
He lives in the future. This is after the Great Bitcoin Crash of February 19th, and the recovery from $12.62.
SPOILER ALERT: It never breaks that $500 barrier.
638.
Post 5141909 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.09h):
Why havent gox prices begun recovery if its true withdrawals are coming back???
639.
Post 5149047 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.09h):
Looks like the Parabolic SAR will change side today
uber bullish lol
640.
Post 5166227 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
Stamp and BTC-e flatlined. Something in the wind?
We're just stuck, wait for it to snap. Like so:
641.
Post 5167255 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
Is this real? What is this??
The license plates should give you the answer
The plane flying into a bridge and that you have never heard of it should give you the answer...
Sorry cough ... I mean yes this happened... do you want to buy some really rare coins?? PM me
Hehe, I thought it looked to cool not to share it
642.
Post 5169995 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
Rally started before the reddit post AFAICT
643.
Post 5170082 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
Rally started before the reddit post AFAICT
if true.. are you sure it's good news? the problem with the malleability is still there to be abused.
won't they will move their coins to bitstamp and btce to dump?
No I know nothing more than you, but yes it is highly likely coins will be dumped on the other exchanges and boguht on Gox.
It seems odd for that large of a buy to be from anything but someone in the know...but, hey, look at mr 5k dump the other day.
644.
Post 5170126 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
Did anyone actually confirm that that transaction on reddit is real (from gox), or is it just a random blockchain transaction?
Its confirmed fake. So, what the fuck did that whale just enter for?
645.
Post 5170147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
Did anyone actually confirm that that transaction on reddit is real (from gox), or is it just a random blockchain transaction?
Its confirmed fake. So, what the fuck did that whale just enter for?
Itchy trigger finger - saw news and did not confirm, feared getting left behind on further price rise.
A market buy to 540 seems kinda nuts. Why wouldnt they limit order to 500 and get dumped in to? lol
646.
Post 5170217 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
How to lose half a million dollars instantly.
Ouch!
The troll who posted that sure must be proud lol. I thank him too; he spread his wealth.
647.
Post 5170234 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
That was a good dry run of potential positive gox news, other exchanges responded fast.
The buyers on the other exchanges must be handicapped, they would have an impending dump if Gox enables BTC withdrawal.
648.
Post 5170315 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
I´m willing to pay 10 BTC for detailed behind the scenes information about what has been goin on on Gox in the last weeks/months.
I mean there must be some really well thought plan behind all this madness. It can´t be just as dumb as it looks.
ill giev u this insider info fur just 3 easy payments of 2.22btc
pm for details
649.
Post 5171701 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
lol @ gox dump right after [fail/success] rally
650.
Post 5177962 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.10h):
651.
Post 5192775 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
So now we are waiting for the news. If a hack is true I wonder if there would be major dumping on all exchanges or they will completely decouple from Mt.Gox ?
If gox goes down there will be dumps.
652.
Post 5192837 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
the bitcoin main server actually runs on mac. thats why no one expected it to virus. clearly someone set us up the virus. now all our bitcoin are belong to them :/
653.
Post 5192846 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
So now we are waiting for the news. If a hack is true I wonder if there would be major dumping on all exchanges or they will completely decouple from Mt.Gox ?
If gox goes down there will be dumps.
wrong! ~ think supply and demand! : : Bitcoin is secure Mt. Gox magic cards site not so much it seems...do we throw Mark under the bus.....? or is this China vs. Japan inna way? *** show of hands ***
This market usually isnt logical. I would be very surprised if people didnt dump upon Gox closing (unexpectedly)
654.
Post 5192997 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
Mtgox fix delayed until Saturday
655.
Post 5193013 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
Mtgox fix delayed until Saturday
Proof??
I read it on a chinese news site. But I couldnt totally understand it. Maybe im wrong.
656.
Post 5193357 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
Panic buyingo n gox, but nothing like yesterday. Doesnt seem like large enough players to be anyone in the know, either.
657.
Post 5193399 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
Is that a train on gox?
I heard the faintest sound of one in the background, but I sure as hell ain't seeing it
658.
Post 5193474 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
Honestly the orderbook still looks like ----. There was over 15,000BTC in bids 300+ yesterday. That formed less than 24hrs after the 5k dump that brought it to $300 in the first place.
Today, at a low of $220.. only 5k in bids have popped up.. and its nearly 24 hours since the low... and the low is 30% lower. Terrrrrrible!
659.
Post 5193658 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.11h):
Honestly the orderbook still looks like ----. There was over 15,000BTC in bids 300+ yesterday. That formed less than 24hrs after the 5k dump that brought it to $300 in the first place.
Today, at a low of $220.. only 5k in bids have popped up.. and its nearly 24 hours since the low... and the low is 30% lower. Terrrrrrible!
well when i went to bed it was 240$ and now we have 3000 btc asks til 240$. wasnt even sure if gox stil exists when i wake up again ^^
Think about it this way:
Yesterday, ~5m USD of bids were created on Gox, >= $300, within 24 hours of a major dump.
Today, ~1.5m USD of bids were created on Gox, >= $220, within 24 hours of a major dump.
660.
Post 5212113 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.12h):
That 1200 bid wall on gox gonna get pulled and cause some tears.
It moved up from like 1600 @ 295 earlier.
Hmmmm?
661.
Post 5229519 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.12h):
About 10k coins added to asks on MtGox >1000
662.
Post 5230067 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.12h):
Often I see here complaints about orders suddenly appearing from nowhere in order books, or statements like "there are only XXX coins left to {buy|sell} on exchange YYY".
The books at the larger sites must be huge (millions of entries perhaps), and each chart site in the world requests that data every few seconds.
Correct me if I am wrong, but those exchanges surely must truncate their answers, delivering only the first N (say, 2000) bids and asks in their order books.
The summaries that tell how many coins there are to each round price, like the two righmost columns below
are computed by the chart sites or scripts from that truncated data, so they are truncated, too. Depending on the steps and the spacing of the orders, the summary may not fill the whole space allocated on the chart.
In the example above, for example, surely there were many asks above 670 USD and many bids below 270 USD, and many more than 2058 coins for sale.
Not sure what that site is, but its bad. Trading.i286.org shows relevant orderbook info 100%.
Bitcoinity.org also shows orderbook 100%, with a lag and less detail (cant see the individual ask, just a total - but an accurate one)
Clarkmoody is an inbetween. It has the individual asks and bids (up to 1000 on each side) but it isnt anything like it used to be. At one point in time it was live. Now its just... I dont even know. But it does say 17700 to 670
663.
Post 5244257 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
Is gox buying all the coins it can at $261.23 with invisible orders?
No wall at that price, but it catches all sells. Are they stacking up coins ready for allowing withdrawals..?
Y'all are nuts. People are placing bids 1:1 with market sells, nothing more. No large sells; not breaking they
664.
Post 5244443 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
Withdrawals will be allowed by friday.
People receive BTC's/USD, people see that it's been received, people start buying cheap ass coins, people sell the cheap coins 4 hours later for $695,- on gox.
And we continue our lovely journey of the crypto's.
I think everyone agrees gox will go nuts if withdrawals are confirmed. The question is whether or not that will happen.
665.
Post 5244545 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
not sure i get why the market is acting the way it is.
it should place walls on the low, waiting for gox to allow withdrawals and catch the coins being arb.
instead the walls are moving to the front line b4 the party has even started...
but why!?
cheap gox coin are sure to be liquidated on stamps soon...
Shouldn't be more than 30k coin arb. Not that big of a deal
666.
Post 5251147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
667.
Post 5251184 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
US exchanges following China following Gox
Could get ugly.
668.
Post 5251763 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
Im looking for the evidence but not seeing anything remotely convincing.
Literally, the entirety of the evidence is a single picture that doesnt say a damn thing? LOL!
669.
Post 5252172 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
Gox dropping harder now... Panic or insiders? :0
670.
Post 5252285 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.13h):
The fact it was just 261 and the low volume drop in price is so reminiscent of April 10, bad memories lol
671.
Post 5261995 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.14h):
And there we go. Panic.
Bro I hope you are not victim of panic drop , I always find most of your post pointing out panic drops
Hes about 10 years old and cries every time the price drops. Lately,that is every day.
Verify Account
Customer ID:xxxxx
Status:Verified
Two-factor authentication
Enabled
Two-factor authentication is enabled.
Bitcoin Withdrawal
You are not allowed to withdraw bitcoins at the moment.
Could there have been some major hack attempt involving a bunch of accounts that they have now temporarily frozen?
IDK, why dont they tell us? LOL
BTW i've read that people arent able to withdraw because they have open orders on their accounts.
672.
Post 5262184 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.14h):
No one is posting sufficient evidence on either end.
/Here mine worked here is a text copypasta/
/No mine dusnt work here is image of no withdrawal page but no image of my balance and outstanding offers/
673.
Post 5267157 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.14h):
this image is so strong, this is how gox price is close to 0
Quit using that shitty website, its depth is 100% wrong.
In the unlikely case you are dumb enough to actually believe that, here is the REAL depth:
674.
Post 5268533 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.14h):
Let the dumping begin ! 12 million up for grab till we get to the fun prices !
Fully prepared to eat my words here, but I'd say the dumping on Gox is probably just about over.
Not if that wall at $110 falls...
Agreed. 110 is the last barrier to 90.
675.
Post 5268932 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.14h):
110 getting tickled
676.
Post 5269028 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.14h):
Question is when are we going to see double and single digits on MtGox
Double digits look likely.
Single digits will not happen.
677.
Post 5272804 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
So now what? Knowing Mark this either will take weeks, months or will never be solved at all.
Will Stamp just keep on going on down or will the sheep at one point understand that selling on Stamp because of Gox is as stupid as it gets?
Tell that to those who sold at 800, 700, 600.
678.
Post 5273232 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Someone is pumping gox hard right now.
I wonder if the market will accept the new price.
lmao, you people are so delusional
679.
Post 5273353 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Like I said yesterday where going below $100 we will keep going tell we hit 0. I don't understand where all the selling is coming from you would think at some point sellers would run out. I guess someone is just creating fake iou's and selling for free to get money.
Because thats totally possible LOL
Not happening. Single digits will not happen.
680.
Post 5273558 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Ah of course. All that selling on Stamp is done by wolves and not by idiots panicing because Gox going down. Yeah silly me, how did i not see that.
And who were the 'idiots' doing the selling before Gox was going down? More 'Sheep' I suppose.
Perhaps you are the idiot and the sheep? Afterall, you are the fkn clown who has lost more than half your net worth through holding your Bitcoin way too long after the top of the wildly over-extended market was in and are still holding, blaming 'the sheep' all the way down.
Be very worried by the way. This whole grind down has occurred almost without a single whale taking a dump. Just once, just after midnight (UK time). The 'support' at $540 clearly isn't happening. Gonna be some whales witnessing this and getting very nervous.
Lost half my net worth? Wtf are you talking about you idiot? You're going on ignore with the other idiots. Bye!
Just about everyone has you ignored you whiny bitch LOL
681.
Post 5275089 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Too soon?
beautiful
682.
Post 5275345 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Woohoo, go gox! lol
683.
Post 5275639 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Any news?
Insider getting ahead of the market?
My guess some people on Gox making good money, maybe new funds that arrived, and the idiots on Stamp following them going omg buuuuuy omg sell!!
Going by charts (Huobi, Stamp, and Gox), it looks like China had a little rise. Bitstamp followed. Then some on gox followed, and that triggered a full on "omg news?" rally.
Then people realized nothing happened and proceeded to sell again
684.
Post 5289378 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Bottom confirmed, tiem to buy. Wont go any lower EVR AGEN!
685.
Post 5290309 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Were good. Gox bottomed out and so did bitstamp.
686.
Post 5290725 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.15h):
Transaction malleability is not a bug.
Its a squirrel, isnt it?
687.
Post 5311140 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.16h):
Snore.
Another 'bottom calling all the way down' retard shows his lack of personality, humour, and charisma with a *facepalm* jpeg.
Go on, give us a *Double Facepalm* (for when 1 facepalm isn't enough) JPEG you fucking mindless anti-charismatic drone!
Worried you sold too low? Hahahaha!!!!
688.
Post 5327437 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Buy wall lowered on Stamp/Finex. 10 hours until it´s 7pm.
Edit: Stamp below 600 again.wweoeoeoeooe
689.
Post 5328143 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
HOLY FUCK!!!
690.
Post 5328173 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
He had better market sell that soon, all those high bids getting eaten fast. PANIC!!
691.
Post 5328232 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Entirety of the BitFenix bid depth was fake? Also, they got a 3k ask wall.
Wow, not a bitcoinity error either .Shows up on BitStamp.net orderbook.
692.
Post 5328288 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
I'm just mad I don't have 6 million on bitstamp right now. I'd burn his ass.
Sure you would
693.
Post 5328314 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
G'day all,
Empowering
If you are interested in Neo you should also check the Bitcointalk thread
https://bitcointalk.org/index.php?topic=289730.2880and especially this quote from Danny (CEO) yesterday
All the newspapers have our cover on them today and we have blanketed the island with information about us and Bitcoin over the last few months. We have had statistical indications from external sources that our marketing campaign has achieved more discussion and penetration than any other campaign before in Cyprus.
We have also partnered with So Easy Stores, they have 41 locations on the island where people can buy anything you would purchase from a mini market. They will also enable people to buy Bitcoin though their Bee terminals and also sell bitcoins too. This has ensured our services are accessible from almost every city, town and village on the island.
I actually raised the adverts around the page 5000 mark and there were some dissenting voices from the other side of the pond -- fortunately Neo's marketers realise they live in Cyprus rather than NYC or the mid-west.
Re this 10K sell wall at 600....bit irrelevant since we're hitting the 570s now
Uh, how is a 10k sell wall irrelevant when
1. Its completely new
2. Its $10 above current price?
694.
Post 5328370 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
10k creeping down $600, then $595, scaring but not selling?
Wallosaurus going to smack the sellers which front-run him just before gox restarts??
It was never moved. Always 595.18
Re this 10K sell wall at 600....bit irrelevant since we're hitting the 570s now
Do you know how stamp works at all?
There is no market order option.
There is limit order, or simple.
Limit, you know what that is.
Simple is when you just sell at spot, but as soon as a bot bids 0.0002 lower than you, then spot moves 0.0002 below your sell order and it is not triggered until spot is bid up to sell order. This looks to me like some noob went to dump 10K BTC using SIMPLE!
If that is the case, then we can expect that 10K BTC to disappear as he cancels his sell order, and tries again using limit order.
Either that, or it is a hack.
I dont follow, at all.
Simple = limit order at last trade price?
Limit = sell to your own limit
695.
Post 5328508 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Stamp seems to be ignoring the wall. Must think its manipulation (which it may be)
but if its not.. :O
Re this 10K sell wall at 600....bit irrelevant since we're hitting the 570s now
Uh, how is a 10k sell wall irrelevant when
1. Its completely new
2. Its $10 above current price?
<----------
being used to suggest ironySorry, Sir, I'll sit at the back and shut up
I didnt mean to be rude, sorry I misunderstood you.
696.
Post 5328613 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Its a real wall, hes dumping.
Also, same deal @ BitFenix. Walls are both moving down with lower limit orders.
697.
Post 5328645 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Its a real wall, hes dumping.
thats what he wants you to think
your playing right into his hand
IGNORE IT
F'ing HODL!!!!!!!!!
I sold first thing I saw that wall...
But, those set of 3 market sells of about 300, after the wall was removed? Yeah, that was him.
His wall also reduced by the same size.
Definitely looks like he wants to sell.
698.
Post 5328715 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Its a real wall, hes dumping.
thats what he wants you to think
your playing right into his hand
IGNORE IT
F'ing HODL!!!!!!!!!
I sold first thing I saw that wall...
But, those set of 3 market sells of about 300, after the wall was removed? Yeah, that was him.
His wall also reduced by the same size.
Definitely looks like he wants to sell.
Good job being manipulated. What is this? 2011?
Sorry, you mad that I can buy back at a profit and you cant?
699.
Post 5328826 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Gox:
Bitstamp:
700.
Post 5328907 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
701.
Post 5328947 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
What? why? ... No... stop making nonsense.
What does it matter ANYMORE if hes a member of Bitcoin foundation. Infact noone gives flying fck about that BS organization.
MtGox is down 30% in the last hour. Markets don't fall 30% for no reason.
Im also expecting the 10k wall on Bitstamp and 3k on Bitfenix to be insiders "dumping" ahead of time.
702.
Post 5328976 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Looks like bitstamp is finally giving up. Remarkable job holding up so far... very resilient. But the Gox drop? They cant restrain themselves much longer...
703.
Post 5329082 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
I think I may have an epileptic fit - its like a fkin strobe
IKR lol!
9K sell wall @ stamp
Uhhh, at least check back one page before posting...
704.
Post 5329122 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Wall just got tickled; no removal..
705.
Post 5329140 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Someone bit the wall and it disappeared!
Liar.
706.
Post 5329156 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Someone bit the wall and it disappeared!
Liar.
Why are you using Windows VISTA?
lol oops, didnt mean for the whole desktop.
But thats Win764bit.
9K sell wall @ stamp
Uhhh, at least check back one page before posting...
Yeh sry - I tried to post this when the wall went up, then got warned that it was a duplicate post - went back and checked to see if it posted (it didn't) - tried to resubmit - got told to wait 360 sec - gave up, came back just now and refreshed the page and it must have posted. weird...
[/quote]
Ah, well.. sorry. I just hate to see the same post appear 100 times.
707.
Post 5329203 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
This one is serious. 400 BTC taken from it and he stands firm.
Why does my bitcointy chart show he withdrew his sell bid?
Bitcoinity is a buggy turd. Always check with reliable sites first. For mtgox, that is trading.i286.org,
and for bistamp.. its bitstamp.net -> View Order Book.
708.
Post 5329224 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Wall just got tickled; no removal..
where is your wall now noob?
" he really wants to sell "
Classic manipulating 101 LOL
You look like such an idiot lol
709.
Post 5329321 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Feels more like intentional manipulation. he's bailing each time only selling a small amount. Obviously he is failing at his task. 10K coins isn't enough lad.
You clearly dont understand how markets work. That doesnt even make sense, "bailing"? From what? Once an order is placed, it finishes. He cant remove a wall halfway thru an order, and even so... if someone bought 1k, it doesnt go 1-2-3-4-5-6... etc to 1000, its an instant 1000 buy, he cant prevent it.
The "flashing wall" is a bitcoinity glitch. The wall is not being moved, at all. (Except for the initial $5 reduction)
710.
Post 5329392 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Feels more like intentional manipulation. he's bailing each time only selling a small amount. Obviously he is failing at his task. 10K coins isn't enough lad.
You clearly dont understand how markets work. That doesnt even make sense, "bailing"? From what? Once an order is placed, it finishes. He cant remove a wall halfway thru an order, and even so... if someone bought 1k, it doesnt go 1-2-3-4-5-6... etc to 1000, its an instant 1000 buy, he cant prevent it.
The "flashing wall" is a bitcoinity glitch. The wall is not being moved, at all. (Except for the initial $5 reduction)
LOL. I have canceled orders many times partially filled. Are you joking?
Ok, so you understand orders can be cancelled after all other orders ahead of it are complete. What would removing the wall after every nibble do, and then replacing it? Nothing.
Looks like Gox isn't done dropping yet.
gox is going to 0 didnt you hear mark resigned from the foundation
I would have thought the market would have already reacted to that news. It's been about 30 minutes so far.
People are still waking up. Still getting notifications on their phone that an order went through. Still havent checked the markets..
ITs not over. Til its over!
https://www.youtube.com/watch?v=usXhiWE2Uc0^just music, nothing serious.
711.
Post 5329437 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Feels more like intentional manipulation. he's bailing each time only selling a small amount. Obviously he is failing at his task. 10K coins isn't enough lad.
You clearly dont understand how markets work. That doesnt even make sense, "bailing"? From what? Once an order is placed, it finishes. He cant remove a wall halfway thru an order, and even so... if someone bought 1k, it doesnt go 1-2-3-4-5-6... etc to 1000, its an instant 1000 buy, he cant prevent it.
The "flashing wall" is a bitcoinity glitch. The wall is not being moved, at all. (Except for the initial $5 reduction)
LOL. I have canceled orders many times partially filled. Are you joking? And obviously he has been canceling his repeatedly and re-entering at a different limit. are you kidding me?
" if someone bought 1k, it doesnt go 1-2-3-4-5-6... etc to 1000, its an instant 1000 buy, he cant prevent it."
Uh duh. Are you being silly on purpose? He appears to be placing limits and then canceling repeatedly to draw people in, but not actually lose his whole stash. Of course any trades that complete he can't stop.
That.. doesnt make any sense, whatsoever. He has already sold 1.6k of his coins. At no point was the wall ever removed, excluding the initial $5 price reduction after no bites. So, explain to me, what are you getting at?
I'm looking forward to seeing the animation of all of these one day.
Someone did it once, but it didnt work out too well, since the scale of the depth varied throughout.
712.
Post 5329452 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
about this guy who refuse to pull his large ass wall
OMFG LOLOOLOOOLOLOLOLOLOLOLOL
I choked. That was one of the funniest fcking things I've ever seen.
Thank you.
"Ok, so you understand orders can be cancelled after all other orders ahead of it are complete. What would removing the wall after every nibble do, and then replacing it? Nothing. "
Wrong, it scares people exactly as it did here, or excites them, into action. Evidence is already at your feet.
klol
713.
Post 5329525 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
220
bull trap do you think?
I think so, but it probably wont go to $150 again without some news.
Maybe $180?
714.
Post 5329551 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Good news guys, Mt. Gox is down to 170 again
I woke up this morning crying
that I hadn't bought at 220 because I hadn't bought at 160
Well lucky me, I didn't buy at 330
Hope you got your goxcoins while the getting was good. It's snapping back pretty hard now.
No. I think I've learned my lesson now
. Hoping this is a bull trap
Down we go.
715.
Post 5329567 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
220
bull trap do you think?
Normally, Gox storming up would have the other exchanges following it automatically. However, Bitstamp has this 8.5K wall and obviously will not budge, thus is holding the multi-exchange, 'recovery' back.
Lets you see how automated most of it all is.
Gox has its own monster 1.2k bid wall.
WOWOWOWOW
BTW, if Gox is solvent.. Mark is the biggest, most amazing troll.. ever.
716.
Post 5329589 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
220
bull trap do you think?
Normally, Gox storming up would have the other exchanges following it automatically. However, Bitstamp has this 8.5K wall and obviously will not budge, thus is holding the multi-exchange, 'recovery' back.
Lets you see how automated most of it all is.
Gox has its own monster 1.2k bid wall.
WOWOWOWOW
It's not
quite as impressive if you look at the $ amount.
I know, it was a joke hehe.
BTW, about 1000 coins from the ask wall have been eaten. (Another ~1000 were sold in to bid depth)
717.
Post 5329632 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Has there been a point in Bitcoin's history where it was as volatile as Goxcoin has been in the last 3 days? This is bizarre.
Yes. April 10.
718.
Post 5329721 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Even if the wall goes down, thats $6mill of money on the sidelines taken away. Its not a good thing no matter what happens. Unlikely the whale would re enter.
719.
Post 5329773 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Hmm, interesting at stamp with the 8k sell wall. Usually only altcoins get these outrageous visible sell/buy walls, that will magically get eaten in an hour with a volume that equals the entire previous week.
Don't be surprised if soon, it seems like everyone suddenly will start "buying" that wall, and then, after the wall has been "bought", no rise will come, only a slow downfall
Exactly what im expecting. It drains all the fiat (or, in altcoin markets, most likely BTC).
Still over 7k btc of the wall left, 3k down.
$4.1m USD.
720.
Post 5329974 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Today Sunday Feb/23, the BTC trade volume outside China (excluding MtGOX) was ~53 kBTC, practically the same as yesterday.
On the other hand, the trade volume in China was ~338 kBTC, 20% higher than yesterday's. OKCoin grew more than Huobi.
As a consequence, the Chinese shre of the total volume in all the exchanges (excluding MtGOX) was 86%, up from yesterday's 83%.
Bitstamp was still the leader outside China (~21 kBTC), followed by Bitfinex (~16) and BTC-e (~14)
Interesting. I still dont believe China volume can be fairly compared to "other" volume, though.
721.
Post 5330227 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
On a semi-intersting note, the BitStamp bit sum has dropped 0.25m in the last hour, after the dumping stopped, and when the buying began.
So some of these buyers are pulling bids to buy in, it seems to me.
722.
Post 5330273 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?
723.
Post 5330330 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?
Who really knows?
Maybe magicaltux is pissed at bitcoin and selling his stash
Still 5k left
724.
Post 5330361 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Gox resuming downtrend, stamp totally out of steam.
Bleak outlook? Agree?
725.
Post 5330381 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Wow...
It really does seem to be the end?
I totally did not see that coming.
726.
Post 5330492 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Thousands of BTC of bids piling up on Gox, suddenly.
Thinking theyre (MTGox) getting bought.
Stamp dropping
727.
Post 5330530 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Thousands of BTC of bids piling up on Gox, suddenly.
Thinking theyre (MTGox) getting bought.
Stamp dropping
where? at 100$ piece?
Of course, but its still a big deal.
About 2k ~200, 400k. Thats something.
728.
Post 5330827 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Stamp gonna blow down...
Oh gox, I have no idea what to do with my money in there....
Either some really good news or some really bad news is on the horizon...
729.
Post 5330901 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
Something interesting is happening at the moment I think. Gox remove their tweets, relocate their office and that link few pages back saying "light at the end of the tunnel for gox customers". Maybe the exchange really is being sold to some more competent people? We'll see, we'll see.
If this is the case.... in my personal estimation that would be the best outcome of this entire debacle (assuming it really is taken over by competent people). You don't get the bad press of a major exchange completely failing, you get Karples and his cronies out of the picture, and hopefully true market forces can restore order to this circus. If the exchange becomes is compentent, solvent and transparent, would be a great thing for everyone.
seems like wishfull thinking
but hey, they made a site for it and everything,
http://mtgoxtakeover.com/ not sure if this is some sort of elaborate scam tho...
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730.
Post 5331176 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
ok just to sum up with what I said yesterday but some members trashed me really hared :
Good morning there, I didn't sleep till 04:00 Europe time (GMT+1). and just woke up, watching Bitstamp now,so the price went up to 646 !!...how do we translate this?
something worth mentioning is that the MACD is still negative: the 12 period AMA is above the 26 period AMA, there will be a cross over in few hours and the price may drop.
only now it seems that a reversal is possible, the next drop will decide if we continue going down , or if there will be a rally up, of course the Gox situation will complicate things a little bit..
Totally predicted that 10k ask wall, huh?
731.
Post 5331260 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
I more often end up calling the bottom within 5%, and then proceed to panic sell as soon as I acquire them..
I definitely didnt buy at 155 on Gox and sell at $170. Nooo way, didnt do that.
732.
Post 5331690 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.17h):
fucking gox, let me go to sleep!!!! make up your damn mind, up or down?!
733.
Post 5340702 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
Gox just admitted insolvency...
734.
Post 5341772 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
Gox just admitted insolvency...
You are not a Fudster normally?
I guess I over reacted to the gox Dev admitting coins were stolen via transaction malleability. Maybe it's not that bad? I didn't have a chance to sell my coins so i hope they are solvent..
735.
Post 5342019 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
We are in a downtrend. The question is, how long will it last?
I can say with a fair degree of certainty that however long it lasts, we won't go below $0.
Very reassuring, thank you.
736.
Post 5343221 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
My guess is that today someone doing quick arbitrages on stamp, thats why so many market order dumps out of the blue.
A huge chunk of bitstamps fiat was drained from the 5.5mUSD sell hours so. Its probably people sensing the lack of buying pressure and dumping.
Asks are up and bid sum down on stamp. Looks bleak.
737.
Post 5348549 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
Love your description lol.
Years of unnoticed theft and a leak in the wallet? Looolll fududududududud
738.
Post 5349757 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
Wow! I cant believe people are reacting to that. I mean, maybe its true. But im guessing its all people panicking without actually knowing any more than anyone else.
739.
Post 5349859 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
There was another mega-ask???
740.
Post 5349896 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
There was another mega-ask???
5k
This is separate from the 10k wall earlier today? WTF??
741.
Post 5350006 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
I keep waiting for confirmation or proof against this FUD, and then realized that wont happen. LOL. Oh Gox..
742.
Post 5350741 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
"Trading has been disabled"
Eerie, after reading that FUD
743.
Post 5351003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
Stamp cant handle it, all the fiat was drained from the 6m USD dump..
Its over :/
744.
Post 5351200 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
I kind of like the new logo. Anyone of you guys going to be trading on Gox?
NO! ABORT!!
745.
Post 5351237 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
746.
Post 5351674 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
Glad i went full fiat. Lets see how low this can go.
Coinbase Bought Gox and are going to cover all Gox costumer accounts! that's really great news,
The title mentions MtGox insolvency, but they never mention MtGox being insolvent in the article.
It did, even the URL redirects without "insolvency" now.
747.
Post 5351742 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
748.
Post 5351772 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
749.
Post 5351850 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
blockchain.info just removed the word insolvent now too. Bunch of teases
Correct, still remains on "circle"
750.
Post 5352233 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.18h):
If gox is solvent this is bad for Bitcoin. What will happen when people get their 100* profits from BB? They will DUMP sending BTC to $5
You cant be this dumb.. there arent nearly enough coins for that.
751.
Post 5352970 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Not surre if this was already posted, but, from:
http://www.reddit.com/r/BitcoinMarkets/comments/1yuuok/daily_discussion_tuesday_february_25_2014_early/cfnzt9iSo here's what has happened for those who can't keep up. I doubt any of this is a pure coincidence given the time frame.
1.) MtGox allegedly lose 750,000 Bitcoins, according to a leaked document in the hands of TwoBitIdiot, a known person within the Bitcoin community.
2.) He then decides to leak the document to the public 1 - 2 hours later confirming this number, and within the document it says they are to rebrand as
http://gox.com and lie their way out of this mess.
3.) After the document is leaked, MtGox halts trades immediately (Around 5 minutes after)
4.) At this point,
http://gox.com is still a parked domain, and not long after starts to redirect to
http://mtgox.com (EDIT: More information on the domain situation from chris45215, which basically confirms that MtGox were indeed planning to relaunch as Gox.com as explained in the leaked document)
5.) After around 30 minutes, Coinbase, Blockchain, Circle and Kraken simultaneously release identical articles titled "Joint Statement Regarding the Insolvency of Mt.Gox" (EDIT: Since then, some of the articles have removed the word "insolvency", but not all of them.)
6.) A further 5 minutes later,
http://mtgox.com is taken completely offline.
7.) And now we are here, with not a single word from MtGox.
QFT
One error: The trading shutdown was well over 5 minutes after the leak. And it was almost exactly 9:00PMEST, so, it seemed to be planned, not a panicked shutdown.
752.
Post 5353059 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Just look at this:
100.00000000 GOX for 0.29900000 ฿ ea.
I made some big fucking mistaked whilst trading, but that one should be the cherry on the top. Mother of god.
...what?
753.
Post 5353080 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
And your point is??? We've.. only seen BB for a week now.
754.
Post 5353149 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
And your point is??? We've.. only seen BB for a week now.
That this guy probably spend ~~100 Bitcoins on buying cheap Gox coins... which are useless now.
Ok, and some people bought at .7. And some people sent USD to gox.
I dont see your point.
755.
Post 5353293 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
STAMP BREAKS 465
Just an ask wall getting market sold.
756.
Post 5354538 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
SarahCoinBit 33 points 2 hours ago
It was a pleasure serving this community..marion and myself just got laid off.
Read more: reddit - SarahCoinBit from MtGox support says there is no sovency.
Follow us: @Surviveonmonkeybrains on Twitter | Surviveonmonkeykidneys on Facebook
You can take it with all the grains in the silo, but the following was bellowed recently in IRC:
*> SarahCoinBit: kapuutt: There is no solvency
archminer: SarahCoinBit: what is your information source? Did Mark tell you there was no insolvency?
SarahCoinBit: Algernon; Wilbur; Charlotte
ade72: SarahCoinBit: Are you able to give Mark feed from us? Or is there no feed for him because he is not interested in getting fatter?
SarahCoinBit: ade72: Mark is always interested in getting fed
adam3us: couple of questions: did mtgox lose any client bitcoins during the period when they were affected by the malleability related issue?
SarahCoinBit: adam3us: I can't answer that sorry, I can say your coins (maybe not your specific coins) are safe
ade72: SarahCoinBit: Why can you say our coins are safe. Source?
SarahCoinBit: ade72: I work for Mt.Gox*
*As a stable hand.
Ive still yet to find this IRC.
757.
Post 5354700 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
believe it or not, there is more volume going on a huobi than bitstamp...
Thats normal. China volume is always fake.
Ive still yet to find this IRC.
freenode #mtgox
Thanks, I tried that.. but no one talked for hours and I couldnt post... ? It still showed people joining and leaving.. tons of people in it too.
758.
Post 5354840 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Large buying activity on stamp in 200-400 blocks. Walls getting demolished. Looks like bottom.
402 wall failed(fell), buy overshoots to $430, another 402 wall is put up.
HAHA, that guy fucked himself out of a lot of fiat.
759.
Post 5354849 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
BTW Mtgox website is down, nothing loads... only a blank page...
You dont say.....
760.
Post 5354895 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
BTW Mtgox website is down, nothing loads... only a blank page...
You dont say.....
dude, he just woke up
And? It takes all of 10 seconds to skim a few titles in the speculation section.
And if he just woke up, is he dumb enough to think hes actually the first person to notice Gox is down? And that the panic on bitstamp is just a coincidence? No, hes not.
So its annoying that people post that crap. Think.
761.
Post 5354943 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Here comes your second chance, TERA. Not sure if you will still want them that high round 2 though.
762.
Post 5355002 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
BTW Mtgox website is down, nothing loads... only a blank page...
You dont say.....
dude, he just woke up
And? It takes all of 10 seconds to skim a few titles in the speculation section.
And if he just woke up, is he dumb enough to think hes actually the first person to notice Gox is down? And that the panic on bitstamp is just a coincidence? No, hes not.
So its annoying that people post that crap. Think.
why is your butt hurting, I don't visit the junk threads on the speculation forum, this and Risto threads are the only threads I visit on this sub-forum since few months, and this is by clicking "show new replies to your posts".....
even if I am an ignorant asshole, isn't wise to help me out ? or you forgot that you were once a noob and we given you guidance by writing wikis and helping unswerving the dumb questions...
I dont mind answering questions when they arent because someone is so ridiculously lazy they cant even google search before asking a forum what happened.
763.
Post 5355047 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
BTW Mtgox website is down, nothing loads... only a blank page...
You dont say.....
dude, he just woke up
And? It takes all of 10 seconds to skim a few titles in the speculation section.
And if he just woke up, is he dumb enough to think hes actually the first person to notice Gox is down? And that the panic on bitstamp is just a coincidence? No, hes not.
So its annoying that people post that crap. Think.
why is your butt hurting, I don't visit the junk threads on the speculation forum, this and Risto threads are the only threads I visit on this sub-forum since few months, and this is by clicking "show new replies to your posts".....
even if I am an ignorant asshole, isn't wise to help me out ? or you forgot that you were once a noob and we given you guidance by writing wikis and helping unswerving the dumb questions...
I dont mind answering questions when they arent because someone is so ridiculously lazy they cant even google search before asking a forum what happened.
I dont usually put people on ignore but when I do it I make sure they deserve to be ignored
Dont cry now honey buns, learn how to internet rather than get butthurt.
764.
Post 5355243 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
BTW Mtgox website is down, nothing loads... only a blank page...
Yep been down for three hours or so now
I just dumped mtgox's site an hour ago and 95% of it has been removed.
The Gox homepage/login has been missing for nearly four hours now....check back in the thread if you don't believe me </shrug>
I had the public mtgox site indexed and checked daily. support.mtgox.com is really the only thing left
no thats gone too
Oh shit
Someone found this gem earlier, still works:
https://www.mtgox.com/img/bitcoin-foundation-gold-member.png
765.
Post 5355336 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
last call for cheap coins
Still too expensive.
For what?
True.
Bitcoin is obsolete.
Just sell all and move to quark.
Bitcoin is worth approx 100-150$ measures on growth of # of transactions (adoption).
It will go much lower. Sell now and double or even tripple your coins.
I love quark, because whenever someone mentions it in a positive way, I know they are lying(trolling) and their opinions are not worth considering.
766.
Post 5355503 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
To be fair, Gox has seen 15k volume over the course of a minute in the past.
767.
Post 5355552 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Guys I think Sir Karpeles must own bitcointalk too, didnt you know he was the maker of bitcoin according to news??? the lag is him deleting the website.
768.
Post 5355591 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Man just woke up to the bad news. So MK is actually running with all the coins/money ??
No one knows. Just speculation for the last hours. The tiered shutdown of Gox isnt reassuring though.
769.
Post 5355683 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
is it not possible that gox coins do eventually get paid out? According to that leaked document the future plan is to pay everyone back after admitting the losses. Gox could come back now as one of the strongest and most reliable exchanges
It would have to....
If the article werent leaked, maybe. But now, assuming its real, everyone knows their plan.. and it wont work
770.
Post 5355758 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
is it not possible that gox coins do eventually get paid out? According to that leaked document the future plan is to pay everyone back after admitting the losses. Gox could come back now as one of the strongest and most reliable exchanges
It would have to....
If the article werent leaked, maybe. But now, assuming its real, everyone knows their plan.. and it wont work
One of the news articles said Mtgox was declaring bankruptcy... was that verified? or FUD?
FUD, I saw that on a Chinese article or something. Either bad translation, or inaccurate news.
771.
Post 5363948 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.19h):
Where does this mess leave Bitcoinbuilder?
Bitcoinbuilder's main trade was buying Goxcoins at a discount for real Bitcoins. He was gambling that Mt.Gox would come out of it's problems.
If Mt.Gox is bust, those Goxcoins are worth nothing, and Bitcoinbuilder is the loser in the deal (the gamble).
Or have I got the wrong end of the stick?
I think its wrong, only those who bought Goxcoins are screwed (at least, it seems)
772.
Post 5373144 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
Am I the only one who thinks that if Gox does come out alive and pay out, that this would be the best thing to happen for Bitcoin? The news would be unbelievably positive.
Its death.. well, its terrible already. It will only get worse if they wont pay out.
773.
Post 5375751 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
not to mention someone who sold 1k coins into buy wall at 550, he's gonna get butthurt pretty quick if he thought he would be able to buy back in cheaper
550 will be seen again, guaranteed.
You.. wanna bet on that?
774.
Post 5375818 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
not to mention someone who sold 1k coins into buy wall at 550, he's gonna get butthurt pretty quick if he thought he would be able to buy back in cheaper
550 will be seen again, guaranteed.
You.. wanna bet on that?
If you are going to bet, bet on the market. If you believe that its not going to go past $550, buy buy buy then right now.
I just think saying we wont see 550 again is silly. I wont make much by betting on that in the market.
775.
Post 5376154 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
not to mention someone who sold 1k coins into buy wall at 550, he's gonna get butthurt pretty quick if he thought he would be able to buy back in cheaper
550 will be seen again, guaranteed.
You.. wanna bet on that?
If you are going to bet, bet on the market. If you believe that its not going to go past $550, buy buy buy then right now.
I just think saying we wont see 550 again is silly. I wont make much by betting on that in the market.
Actually, he said it will be seen again
Wow I need to get more sleep.. LOL!!
776.
Post 5376340 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
I hate to bring this up with the stigma... but is it just me or is the volume on btcchina creeping up?
You mean Huobi? BTCChina barely has any volume..
777.
Post 5378080 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
Look at all this fresh fiat money on Bitstamp. And look at this lack of coins.
I was expecting to come back and reply to you saying not to get carried away and post the current bid/ask depth stats,
but.. wow! Bid sum is up 10m USD in 2 days and ask sum is down 8k BTC.
Thats an improvement from 500USD/BTC (bid depth) to 1375USD/BTC
778.
Post 5378379 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
Look at all this fresh fiat money on Bitstamp. And look at this lack of coins.
I was expecting to come back and reply to you saying not to get carried away and post the current bid/ask depth stats,
but.. wow! Bid sum is up 10m USD in 2 days and ask sum is down 8k BTC.
Thats an improvement from 500USD/BTC (bid depth) to 1375USD/BTC
I've been out of the loop for a while. Where are you seeing this info?
I had no idea that existed. I was just going by Bitcoinity depth memory lol. Looks like I was pretty close..
779.
Post 5379154 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.20h):
how did it just dip to 565?? no volume for that
780.
Post 5397041 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
You can do it Bitstamp. Just $2 more. I believe in you.
Theyve been trapped there for nearly an hour now, lol!
Unless we get a friendly whale, I expect dumping
You can do it Bitstamp. Just $2 more. I believe in you.
Time for more pictures of trains.
Good point, train pictures should incite a rally.
However, I think this train matches us more.
781.
Post 5397078 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
You can do it Bitstamp. Just $2 more. I believe in you.
Theyve been trapped there for nearly an hour now, lol!
Unless we get a friendly whale, I expect dumping
You can do it Bitstamp. Just $2 more. I believe in you.
Time for more pictures of trains.
Good point, train pictures should incite a rally.
However, I think this train matches us more.
Here we go boys; destination:
782.
Post 5397465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Are you on his mailing list? The link to get on it seems to be down. Those who know of this news before hand will have a huge advantage
http://eepurl.com/JgGy5No I'm not. I don't really think it's going to move the markets, whatever he comes out with. In fact, he had previously suggested he thought other companies such as Blockchain, SecondMarket etc were involved in the cover-up. The fact that he is now saying Gox acted alone is a positive.
Well, I am not one to predict the future, but I think that the market will react aggressively if there is any hint of the coins still being around and not lost as per the previous document and current speculation. If this is the case, that only means one thing for market prices.
Regardless of what comes out though, it will be an interesting read none-the-less.
P.S. Having listened to the interview
http://letstalkbitcoin.com/e87-the-captive-and-the-mountain/#.Uw6aWoV_e_w, I trust 2bitIdiots releases.
The guy is an asshole and clearly wants to be effecting the markets, not helping anyone. Hyping up his release. What a loser.
783.
Post 5397770 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Edit: Due to some angry Gox depositors, I've been advised to disclose that Karpeles was overstating the fact that he had "lined up" investors. The truth is, in a move of desperation, Mark asked several investors for a bailout, all of which seemed to have immediately notified the authorities once they learned the extent of the fraud, negligence or incompetence at Mt. Gox.
That is to say, my leak did NOT cost depositors their investments. There was no chance of a bailout. Please direct your anger at Mt. Gox, and please do not blame me for your losses. Even if you disagree with my reporting, there was nothing to gain by continuing to cover this up, but much prolonged agony for Bitcoin and perhaps additional damage for new depositors.
Thank you for your support and understanding.
That was what he hyped up?? Really?
784.
Post 5398105 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Those funds are no more. They have has ceased to be. They have expired and gone to meet Satoshi. They are late funds. They are vapor. Bereft of existence, they rest in peace. If Karpeles hadn't left them on the balance sheet, they would've been written off ages ago. They've rung down the curtain and joined the choir invisible. They are ex-funds.
They are not gone, just pining for the blockchain...
Beautiful funds, those bitcoins.
This whole matter is far from being concluded... there is a lot of sorting that still NEEDS to be done. I am sure that we DO NOT know the half of the financial situation of Mt. Gox and the extent to which it may be feasible to either reopen or to reimburse customers.... these details are going to be worked out in the coming weeks.. and maybe months.
Dude, Gox was run into the ground. It was hollowed out completely. Karpeles didn't stop burning money until there was no more left to burn. It may take time to know the details or we may never know the details, but that doesn't change the relevant fact that Gox was bled dry. Denial is one of the stages of grief so it's ok, but acceptance is the last. See you there.
I can picture it.. shovels of dirty fiat being thrown into a furnace.
Every time he ran low, he just had to release some stupid press statement and cause a crash. Coffers refilled. GENIUS!!
Finally a month ago he had no choice but to do the desperate.. disable withdrawals. Dirty fiat poured in only long enough to run that PoS for another 2 weeks. LOL
785.
Post 5398423 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
What if the two most recent bubbles were entirely manufactured by Gox in attempts to raise enough capital to pay off its liabilities.* And if so, how long will current speculative last?
/tinfoil hat
*Please don't counter with "but China." Almost all activities on their exchanges are by american operated bots.
I wonder if that would be possible... When gox was 90%, if Mark just made a bunch of trades without proper funds, say.. buying millions of dollars of bitcoin... it could trigger the media attention needed to help fuel (but not sustain) it..
So maybe, we could be as high as we are thanks to Mr. Karpeles convincing the market this is the proper price.
/tinfoil hat
786.
Post 5398679 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
I know we are all happy that Gox is gone, but am I the only one really in awe at what happened?
Im guessing when a lot of people predicted Gox' death it was by them losing market share and closing up shop... not by losing $400m USD of user money.. just crazy! All this time, we've been in awe at the incompetence and BS.. And this is the underlying reason. I almost feel bad for Karpeles. I'd have to see the final story, but in the version i'm imagining.. the guy is just dumb, not a criminal.
Then again, we dont have the fully story.. I'm just curious if anyone feels the same shock as I do that they really are.. finally, gone?
787.
Post 5409654 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
It's becoming more and more clear that the coins haven't been stolen, they've just lost the keys lol. Once this is confirmed, should be very bullish.
I don't think that the loss of those coins, per se, would have any effect.
Think of the exchanges as water tanks where water represents bitcoins in the market, and the water level is the inverse price (how many BTC one can buy with one dollar).
The tanks are connected by pipes at the bottom (coin withdrawals and deposits) so the hydrostatic principle (arbitrage) keeps the water level about the same in all tanks. If one pours more water into any tank (brings more coins to the market) the level in all tanks goes up (meaning the price goes down). The opposite happens if one takes water out of one tank (buys coins and puts them in cold storage).
If the MtGOX theft did happen, then at some point in the past, someone siphoned most of the water out of the MtGOX tank to a private barrel. I the keys were lost, most of the water in that tank leaked out and was permanetly lost. In either case, Mark put some bricks into the tank (hid the theft) so that people would not notice the loss, and the water level was not affected. Then a few days ago the pipes out of that tank were closed (withdrawals were blocked), and the tank was disconnected and removed it from the system. That would not affect the water level in the other tanks either.
If the theft happened, and the thief then dumped the water in other tanks (sold the coins in other markets), then there was indeed a net rise in the water level (a fall in market price); but that is past history.
We may expect an effect only if the coins were stolen but have not been not sold yet EDIT: and are sold now.
(This analogy is imperfect because it does not model the money flows, but hopefully it is enough to argue the point.)
I am talking about a case in which the private keys have been lost, in which case 750k BTC has been taken out of the total money supply. If they have been stolen (but the keys are still known) it shouldn't have much of an affect.
If the keys are lost, it brings up an argument to fork the block chain, and change the code to manually recover the money. To a new address. A lot of people would support it. (and many would be against)... talk about polarising the Bitcoin community.
It won't work. Without the private key, how Mark could prove those are
really gox's coins?
Not just that. You'd try to open pandora's box. I highly doubt the devs would ever put that into a protocol update.
And even if they did at least a majority of miners would then have to move to that change.
Even attempting this would destroy bitcoin
Can you expand on this? I dont understand how it would damage anything.
I mean, assuming we KNOW these 500k lost coins were Gox, why cant they be restored if the community supports it?
788.
Post 5409749 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
So let me get this straight, it only took a simple check of addresses associated with MTgox to completely undermine the credibility of the crisis plan document and show that Gox is in fact solvent.
Woah bit hard to get my head around this but that logically means that pre-announcement Gox coins should be trading at around .5 , yet are being traded for just 0.06 at the moment on Bitcoin Builder.com. 1000% profit? yes please I'm going to get over there now!!!
It however doesn't prove that they still have the private keys to access them. Effectively they are still lost, and won't help their solvency, if that is the case.
I really don't get why people are speculating that gox has lost keys to wallets containing massive fortunes!!! there's absolutely no news to suggest this so it's like people can't handle the shock of the good news and are trying to stop the party.
The fact is it completely discredits what was laid out in the crisis document and is an ultra bullish sign for anyone holding GoxBtc now!!
Well has anyone proven the legitimacy of the IRC chat? With the addresses?
789.
Post 5409965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
It's becoming more and more clear that the coins haven't been stolen, they've just lost the keys lol. Once this is confirmed, should be very bullish.
I don't think that the loss of those coins, per se, would have any effect.
Think of the exchanges as water tanks where water represents bitcoins in the market, and the water level is the inverse price (how many BTC one can buy with one dollar).
The tanks are connected by pipes at the bottom (coin withdrawals and deposits) so the hydrostatic principle (arbitrage) keeps the water level about the same in all tanks. If one pours more water into any tank (brings more coins to the market) the level in all tanks goes up (meaning the price goes down). The opposite happens if one takes water out of one tank (buys coins and puts them in cold storage).
If the MtGOX theft did happen, then at some point in the past, someone siphoned most of the water out of the MtGOX tank to a private barrel. I the keys were lost, most of the water in that tank leaked out and was permanetly lost. In either case, Mark put some bricks into the tank (hid the theft) so that people would not notice the loss, and the water level was not affected. Then a few days ago the pipes out of that tank were closed (withdrawals were blocked), and the tank was disconnected and removed it from the system. That would not affect the water level in the other tanks either.
If the theft happened, and the thief then dumped the water in other tanks (sold the coins in other markets), then there was indeed a net rise in the water level (a fall in market price); but that is past history.
We may expect an effect only if the coins were stolen but have not been not sold yet EDIT: and are sold now.
(This analogy is imperfect because it does not model the money flows, but hopefully it is enough to argue the point.)
I am talking about a case in which the private keys have been lost, in which case 750k BTC has been taken out of the total money supply. If they have been stolen (but the keys are still known) it shouldn't have much of an affect.
If the keys are lost, it brings up an argument to fork the block chain, and change the code to manually recover the money. To a new address. A lot of people would support it. (and many would be against)... talk about polarising the Bitcoin community.
It won't work. Without the private key, how Mark could prove those are
really gox's coins?
Not just that. You'd try to open pandora's box. I highly doubt the devs would ever put that into a protocol update.
And even if they did at least a majority of miners would then have to move to that change.
Even attempting this would destroy bitcoin
Can you expand on this? I dont understand how it would damage anything.
I mean, assuming we KNOW these 500k lost coins were Gox, why cant they be restored if the community supports it?
How do you KNOW? Who will JUDGE?
Please leave the bitcoin world and go back to your local bank. It's much "safer".
Are you an idiot or something? I asked a simple question with assumptions. Those assumptions are not the focus of the post. Absolute imbecile.
790.
Post 5410394 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Can you expand on this? I dont understand how it would damage anything.
I mean, assuming we KNOW these 500k lost coins were Gox, why cant they be restored if the community supports it?
In essence it would break trust.
You trust that only 21 million coins will come into existence.
Forking bitcoin to change funds in any way would immediately break the trust that that what you own is actually yours.
Who is to guarantee that this change is a one time thing?
Who is to guarantee that no government gets access to unlimited coins?
Btw forking bitcoin is essentially like making an altcoin out of it.
Only one of the forks can be the "real" bitcoin. This is not to say that both can't survive.
But if such a major change were to be put through you can be certain that we'd end up with two bitcoins and
this would break just about all trust
Well, if 500k were deleted, then really the net amount is still the same. I mean, I dont think forking for small things or even individuals who send large amounts to the wrong address makes sense. But when its something as big as Gox, which may or may not, but for arguments sake, lost >500,000 coins? That seems worthy of a at least considering a fork to me.
To me, this is a big plus to bitcoin if something like this manages to happen. I dont see why anyone would lose trust that what they have is theirs.
Why guarantee it to be a one time thing? If in the future another mega-bitcoin company loses a million coins, they should have a fork considered then, too.
Not just that. You'd try to open pandora's box. I highly doubt the devs would ever put that into a protocol update.
And even if they did at least a majority of miners would then have to move to that change.
No miners would run the new code unless they got a cut of the coins. That's all it would really take: Offer 10% of the freed goxcoins as extra block rewards, and *ping* the coins are back.
The proof issue remains. If it were directed by a court, I could see it happening. Now *that* would be seriously dangerous to bitcoin: An actual sovereign interference in the money supply.
We need to replace all the core devs with anonymous parties, untraceable by the court system. Um. That might not work out so well either. Proof-of-Ethics protocol not yet implemented.
Never ever... I can understand people who have coins at gox would favor this, but like already said, this would undermine the fundamental priciples of Bitcoin. So what will be the next exception? I lost 1000coins back in the days, so why should gox people be compensated but me not? Ah btw, I don't can prove, that this address is mine...
The principle of bitcoin is decentralisation. Those adresses are proven to be owned by gox, since they deposited on them back in 2011 for a proof of liquidity.
If gox decides to appeal to the community it is up to the miners to decide if they want to fork or not. If you do not run a node, you have no say in the matter. If the community decides that it is better to recover 3% of the whole btc supply then they will do it, if not they won't. Easy as that. That's a decentralised majority vote and I would say it would be perfectly fitting in with the principles. If you don't want a fork, create your own node and run the old version. If 50% +1 nodes in the network join you, so be it.
That said, as long as they don't comment on it there is no way to know if those coins are lost or not.
No one can force you to join a fork. No one. Sure you may end up as the only user on your side of the fork, in which case, what is the point?
Ultimately, the economic majority has the power to decide. If all the devs and all the miners decide to fork for whatever reason, and the economic majority decides they don't agree, the economic majority sells it's coins and the devs and miners are playing with worthless tokens.
In the case of a fork, it's highly likely that only one chain will survive. There are far, far more coins that weren't lost in the Gox implosion than there are coins that were lost. If the devs and miners decide to fraudulently manipulate the code to "save" those coins, I'm sure we will see massive dumping of coins on this fork and only Bitcoin will remain in the end. I know I will be selling my forked coins and if anyone is stupid enough to give me something of value for them, I will immediately purchase more actual Bitcoins with the money.
So, I'd like to see it because I hope that I would end up with more actual Bitcoins once everything is said and done. Those who choose the wrong fork will most likely end up with nothing but a harsh lesson about why Bitcoin exists in the first place. I don't think anyone is stupid enough to try and bail out Gox with a protocol change though.
Why would anyone want both chains to survive? It seems to me, miners would want no Gox fork and just about every investor in bitcoin, ever, (assuming the 500k+ sum) would want the fork. I dont doubt a lot of the coins would be dumped causing a temporary decrease in price, but the trust something like this would generate for me..
791.
Post 5410439 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
I'm almost sorry I brought up the Karpeles Fork idea, but it is an interesting question, and shouldn't be swept under the carpet. I personally am completely against the idea. But the danger comes as was mentioned previously in offering pool operators/miners a bounty for running the forked code. It could be argued that the Gox event is so significant in size 750k that an exception in some peoples mind could be made. What is the price of the miners... 50%? The next 500 blocks found running the modified code each receive a bonus 750BTC per block found.... Very scary
As I said I am against this... Just putting it up for discussion.
Look by that logic any entity with enough funds can change bitcoin through buying out the miners.
The point is that you would immediately and irreparably lose trust and the value of bitcoin would crash.
It is a fact that you can fork bitcoin at any point in time changing anything and everything. You don't even need a majority for that.
Altcoins are usually created with their own genesis block. You could also make an altcoin that uses the current bitcoin blockchain as a basis.
Here comes the important bit: you as a user determine what the "right" protocol is. This isn't even a mining question btw.
Such a profound change would likely split the community in half.
You'd literally end up with some users supporting the "old" protocol and some with the "new"
Of course I don't need to point out that this would crash bitcoins value and completely break the trust.
Only if people support the change. Its not like some entity decides that we're going to give me a million BTC. People would have to support that. Where is trust lost when people vote for how their currency works?
792.
Post 5410547 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
No one can force you to join a fork. No one. Sure you may end up as the only user on your side of the fork, in which case, what is the point?
Ultimately, the economic majority has the power to decide. If all the devs and all the miners decide to fork for whatever reason, and the economic majority decides they don't agree, the economic majority sells it's coins and the devs and miners are playing with worthless tokens.
In the case of a fork, it's highly likely that only one chain will survive. There are far, far more coins that weren't lost in the Gox implosion than there are coins that were lost. If the devs and miners decide to fraudulently manipulate the code to "save" those coins, I'm sure we will see massive dumping of coins on this fork and only Bitcoin will remain in the end. I know I will be selling my forked coins and if anyone is stupid enough to give me something of value for them, I will immediately purchase more actual Bitcoins with the money.
So, I'd like to see it because I hope that I would end up with more actual Bitcoins once everything is said and done. Those who choose the wrong fork will most likely end up with nothing but a harsh lesson about why Bitcoin exists in the first place. I don't think anyone is stupid enough to try and bail out Gox with a protocol change though.
Why would anyone want both chains to survive? It seems to me, miners would want no Gox fork and just about every investor in bitcoin, ever, (assuming the 500k+ sum) would want the fork. I dont doubt a lot of the coins would be dumped causing a temporary decrease in price, but the trust something like this would generate for me..
I never said anyone would want both chains to survive.
As I said, there are far, far more non-Gox-lost coins than Gox-lost coins. Why would the majority of holders (non-Gox coins) want to bail out Gox users for failing to understand the implications of letting a third party hold your "bitcoins".
Because the sheer quantity of it. Nothing more. Doesnt matter who, why, or where. If 500k coins were lost for some other reason, I dont see why people wouldnt support getting people their funds back. All this "trust loss' stuff isnt making even the slightest bit of sense to me. Sounds like people are getting boners on the thought of 6% less coins, for a whopping... 6% increase in value each?
793.
Post 5411335 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
he just wants to get your goxcoins cheap.
No way to prove Gox controls the coins...
Just like theres no way to prove that they lost the coins people have been wildly speculating they lost? Everyone is just blindly stabbing at ideas in the dark.
+1
he just wants to get your goxcoins cheap.
No way to prove Gox controls the coins...
It sure does seem more believable that they have coins but either lost keys and/or had them frozen by US, than it is to believe they were hacked.
794.
Post 5411441 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
I'm enjoying this hypothetical forking question
This is certainly not the point in time where a fork were to be actually considered but there might come a day where this becomes the case.
In a sense this is the ultimate strength of the system and the reason why cryptocurrencies are here to stay.
No regulation or external influence can stop a new spawn from emerging
I agree to a point but a fork like this would split the community to the point the miners decided and they would do it for money, therefore in that sense its just as bad as the old system to even consider this. A fork would only ever be considered for a change in the protocol not to restore lost coins.
Hey here is a novel idea...instead of forking bitcoin. Why not just use one of the other 100 cryptocurrencies out there?
Because.... that doesnt recover anything?
795.
Post 5411557 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Great time to be lending BTC on bitfinex - it is sitting at an incredible 0.35% daily right now! That is around 127% APR - compounded daily which would make it an effective annual rate of over 255%!! Why are more people not lending BTC over there??
The same reason we didn't store bitcoins at Gox.
How big of a threat are wallet stealers? Curious. I keep almost all my coins on exchanges, because i'm paranoid about them.
796.
Post 5411602 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Great time to be lending BTC on bitfinex - it is sitting at an incredible 0.35% daily right now! That is around 127% APR - compounded daily which would make it an effective annual rate of over 255%!! Why are more people not lending BTC over there??
The same reason we didn't store bitcoins at Gox.
How big of a threat are wallet stealers? Curious. I keep almost all my coins on exchanges, because i'm paranoid about them.
Unless you are trading 100% of your coins regularly, why don't you keep a portion cold?
I will lose anything physical. Almost guaranteed. I have to replace my flash drives monthly because I always lose them...
797.
Post 5411843 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Thanks for all the ideas guys.
Main reason I havent done anything like it is that I'm paranoid something would go wrong. Every time I make a transaction I go character by character to make sure nothing was wrong with the address
. So, I dont trust a computer to encrypt my wallet, thats for sure.
People are off their heads gambling on that toxic gox shit! If there was really a silver lining don't you think everyone in the know and there familys would be buying and the price would be 5x higher now??
Maybe. But maybe not. Its not like you'd make that much money off of it. About 1 million dollars if you bought it up to .5gBTC/BTC. (and it ended up being worth a full BTC each sometime in the future)
798.
Post 5411907 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Unless you are trading 100% of your coins regularly, why don't you keep a portion cold?
I will lose anything physical. Almost guaranteed. I have to replace my flash drives monthly because I always lose them...
I keep back-ups encrypted and locked in safes in the homes of two family members. It may sound ridiculous, but it is so easy to do in practice. Why not?
I advise anyone and everyone to actually PRINT paper wallets.
If you are really paranoid that the paper won't last chisel the private key in stone.
Thats a damned good idea for someone like me...
I'd have to chisel it on a few different stones... but I would know if it was tampered with.
799.
Post 5412673 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Bull Market about to begin. Cover your shorts cause you don't want to be caught with your pants down when this goes up.
People at the bitcoin market are weird.
The situation with gox would be like HSBC would shut it's doors and freeze all of it's customers funds, without giving any explanation. And people will react to it "Good! Now the stock market is going up! Let's all buy!"
Yeah, but only speculators...
Where's the newbie-crowd and their fresh fiat?
I wouldnt be touching any of the exchanges if I were an interested investor after the Gox ordeal, I tell you that much
800.
Post 5414051 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
Wow... volume nearly non-existent
Bearish
Gox death is a very bearish event. It would be a miracle if we dont crash down to 300 or less.
801.
Post 5415280 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
I would really like to meet this person who goes "Hey! Look! People who invested in bitcoin lost money because the exchange service turned out to be fraudulent. Wife, give me my wallet, I'll better transfer some money to a bitcoin exchange quickly to buy those bitcoins"
It's not that easy, I doubt the initial rise if it happens soon will be from new people, you don't read about exchange taking hundreds of millions of users money and sending money to another exchange same day.
If we go up now, it's money from old bitcoiners, noobs might join later if it goes up but them starting it at this moment - I doubt it.
I'm not talking about people who heard about it for the first time. I'm talking about people who heard about it many times.
Bitcoins are not understood easily. Most investors heard about it years before they decided to be part of it.
And now, due to the publicity, some people read that one clarifying post in an unrelated reddit subforum (aww/cmv/funny e.g.) or watched an Antonopoulus video that answered that one misconception they had about btc.
They don't care about Mt.Gox. They care about being part of it for different reasons.
I really, really doubt that.
Reading that 400m of investor money was stolen (again, read) from the "biggest[or "one of the biggest"]" exchanges is 100% bad.
Go read any news article and check the comments on it. "I knew it was a scam" "Get rich quick fail" basically this re-assured everyone bitcoin was a scam.
802.
Post 5416686 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
means nothing. but its interesting, you can see that whenver gox got a deposit, it usually sent that deposit somewhere instantly. this time its keeping a balance in the wallet..
hm?
803.
Post 5416807 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
I haven't been keeping track of things today, is the current Gox situation still no real news but plenty of speculation and fud?
Fortunately I removed my small BTC stash from there a while ago.
Yup!
Some more additional fuel like
1. Gox coins possibly seized/frozen by US Govt?
2. Gox filing for bankruptcy?
3. Possible Gox addresses with large sums of coins? (Solvent?)
------
BTW, the failed breakout is pretty scary IMO? Anyone agree?
804.
Post 5419334 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
There is no use trying to convince me that bitcoin can survive more then couple of years, before it will get eaten by competition. To me it sounds like, when someone is the first to struck oil, and then no one else on earth will drill for oil any longer, because someone else already did it. Creating the perfect digital currency will soon be the holy grail to everyone who consider them to be geniuses at software engineering.
I CANNOT disagree with you, here. It is very possible that there is going to be an improvement on bitcoin that will undermine bitcoin... but that is in the future.. and maybe even, as you say, two years or so. At the moment... bitcoin is pretty damn good... and bitcoin is "the one" to invest into b/c it is the direction of the future. However, if a better "one" comes along 6 months from now, one year, two years or even longer.. at that point, it is very possible that we could transfer our investment from bitcoin to that other "one." Accordingly, what's the problem... Invest in bitcoin now, and when that other better one comes along, then move assets into that other better one... NO problema.
waiting for more cheap coins
When is this going to happen, and how low is it going to go... I would like some more too in the coming week or so... and then thereafter we can be on our moonward journey...
$300
805.
Post 5419989 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
The upwards breakout and downwards breakout have failed.. it seems
Can someone show the pennant, as it is now? It must have just exited without breaking in either direction?
806.
Post 5420063 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.21h):
The upwards breakout and downwards breakout have failed.. it seems
Can someone show the pennant, as it is now? It must have just exited without breaking in either direction?
Thanks!
807.
Post 5434521 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
I am sure the 10k whale ain't buying back, but decided to cash out exactly 10,000 btc last time, which suggest he has more btc in reserve
Now i can only guess that he turned bear and fearful with Gox demise..
The sell wall originally was 10kbtc, although I believe he actually marked sodled about 5700 btc (you check bitcoin wisdom on 15m time interval)
He might have been selling small amounts upfront or afterwards... don't know
Yes, 10k wall. Partially sold in a limit order (~900) when he reduced the price a few dollars. After a couple hours of people nibbling on it about 5k market sodl.
808.
Post 5434572 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
BLinked and missed it...
552 wall: eaten or pulled?
eaten
"eaten."
"devoured" is probably more accurate.
"Cannibalized" is even more accurate.
Its the same person from before. They are building imaginary walls, then buying them up and setting lower ones. All in hopes of causing a panic and getting cheap coins! Wonder who!?
Proof? All I see is that one volume spike. Nothing suspicious at all.
809.
Post 5435596 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
3k in bids added.
2k 533
1k 532
810.
Post 5435805 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.
So give me one reason why we could go up again. I can't find any. I really can't.
Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?
Maybe someone has been quietly liquidating 750k coins
I would expect him to sell no more than a couple thousand every few months. Its plenty of money to enjoy.
811.
Post 5436725 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
Nothing new here other than someone passing off speculation as fact..
812.
Post 5436822 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
WTF just happened, 957 coins @535 in seconds sold
Someone sold a thousand coins, have you never seen that before? lol
813.
Post 5451041 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
Confirmed Goxcoin pump, get in while its cheap!
Why do people say such stupid shit? Goxbtc isnt even moving.
http://bitcoinity.org/markets/bitcoinbuilder/GOXBTC
814.
Post 5463025 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
...
You are mixing up unpredictable events with an event that had been predicted a year in advance.
Death is inevitable, and everyone is going to die -- most adults know that. Nevertheless, there are often tears at funerals. Go figure.
Gox proclaimed dead. Funeral to be arranged shortly:
Invitations going out soon...
FTFY
lmfao.
Does anyone know why GoxBTC is up?
http://bitcoinity.org/markets/bitcoinbuilder/GOXBTC
815.
Post 5471438 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
good-sized dump on Stamp. a one-off or beginning of something interesting?
My guess.. a little more dumping.
816.
Post 5471666 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.22h):
(The page went blank it seems.)
Very interesting.
Didn't Karpeles brag somewhere of having been through tight situations that we cannot imagine, or something like that?
Must be your browser or something, still oads here.
[quote]In the wake of Bitcoin exchange Mt. Gox announcing that it lost $473 million worth of the virtual currency, many people who saw their money disappear have called for CEO Mark Karpeles to be imprisoned. Well, funny thing: it wouldn't necessarily be the first time Karpeles has been arrested for fraud.
As pointed out to Gawker by a tipster who wishes to remain anonymous, Karpeles seems to discuss a past arrest concerning "payment systems on the internet" in a 2006 post on his blog Magical Tux. The post, like all on the blog Karpeles links to in his Twitter bio, is in French, but the tipster translated the relevant section on his personal Tumblr:
Indeed, during my misspent youth, I made a huge, huge mistake. Enough silliness that I found myself locked into custody and brought temporarily placed in the "mousetrap" (souricière: possibly "n.f. (pol.): 'Baited trap' laid by the forces of law-and-order."). This was followed by an investigation of more than a year, which eventually ended in a trial.
I will not give too much detail about what I did wrong, just say it concerns payment systems on the Internet. I spent two years taking risks becoming larger, perhaps because it was an exciting side … whatever, I ended up getting arrested (in rather bizarre circumstances, noting that when I was arrested, I was just in a police station to file a complaint for something else). Anyway, I was released four days later and placed under "judicial review". Basically I did not have the right to leave France and I had to go regularly to the courthouse to speak to someone who was going to see if I lived in "the right way".
...
In the end, the trial was not concluded too bad for me (3 months suspended sentence disappearing after 5 years, and nothing in the criminal record).
A Google translate for the blog post returns the same story, albeit in less smooth English.
According to Karpeles' blog post, the fallout from this "huge, huge mistake" is why he eventually migrated to Japan, where he now lives. There is almost no evidence of Karpeles' possible past arrest on the internet, perhaps because, as the blog post claims, his sentence would have been wiped from records somewhere around two years ago.
But a recent story in the French paper Le Journal de Sâone et Loire, that includes quotes from Karpeles' mother Anne, says that after starting an IT company in Paris, Karpeles left the city after being caught committing "computer fraud." This small tidbit was noticed by Reddit's Bitcoin forum, but has not yet trickled up to the media until now.
If Karpeles does have a history of committing fraud, it doesn't necessarily mean that he did anything wrong legally or morally with Mt. Gox's Bitcoins. But it probably won't make the people out $473 million sleep any easier.
The Bitcoin community will surely learn a number of lessons from the Mt. Gox disaster, and here is a simple one: when investing in Bitcoin, make sure the guy you're trusting with your money doesn't have a secret past committing fraud. Even if that means finding someone who knows French.[/quote]
817.
Post 5473717 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
This whipsawing is hell. 30 minutes ago I was convinced it was going down. Now because one douchebag made a buy and put up this wall, all the indicators are up again. And this has has happened about 3 times now.
Lol, exactly. But this doesn't look convincingly yet, I've done things like this in some small alts pushing the price up with walls just do dump higher. I don't trust one guy pushing the price up on his own with big wall without people actually joining him.
Neither China nor BTC-E are following. Likely not going anywhere up, yet.
818.
Post 5474529 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
Confirmed by multiple people that the support line is pretty much only up to tell people to check to website later for further information. Bizarre.
Maybe setting up a callcenter is a legal obligation in the case of insolvency.
yes, it is
So, in this case.. they list a number to call on their website, just to tell you to check the website for details? LOL wut.
819.
Post 5475129 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
If you guys don't stop picking on my person, I will have to take an extremely harsh punitive measure that you will not ever forget. You have been warned.
More slumber posts?
ROTFL! I put Jorge on "ignore" because I like to think well of people and could no longer extend to him the benefit of the doubt. Now I want him to carry through with his threat because that would give me reason to respect him.
Give us your worst, you ivory-towered fraud. I'm pretty sure I deserve a come-comeuppance, but I highly doubt it's going to come from you.
Im really confused, I checked back a couple pages and didnt see any conflict. Whats goin on suddenly?
820.
Post 5475341 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?
Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.
LTC difficulty hasnt reall moved..
Wtf are people mining that crapcoin for?
821.
Post 5475879 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
Seems like the same buyer as before, same strategy to get in.
I think theyre trying to play with technical analysis charts. (E.G. breakout)
822.
Post 5475921 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
Probably another fake like the rick roll one.
Any interesting hidden stuff in there? lol
823.
Post 5476007 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
The name is ˜Karpeles" not "Karpelez", right?
Correct
ok, ok I know this is completely baseless speculation, but as this is the speculation subforum...
If Gox replaces lost BTC by buying them on another exchange, this is uberbullish. Disclosure: trading on the assumption that this is even a real irc chat much less on the assumption that Karpeles is telling the truth is extremely risky.
Ignoring that we have no hint at that happening, it simply.. cant happen.
I would imagine they could only get all the bids (744k) filled at ~3000. There, enough people should flock in to take profits and fill Gox.
That is an astounding 2 billion dollars. #NotGonnaHappen
824.
Post 5476586 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
The name is ˜Karpeles" not "Karpelez", right?
Correct
ok, ok I know this is completely baseless speculation, but as this is the speculation subforum...
If Gox replaces lost BTC by buying them on another exchange, this is uberbullish. Disclosure: trading on the assumption that this is even a real irc chat much less on the assumption that Karpeles is telling the truth is extremely risky.
Ignoring that we have no hint at that happening, it simply.. cant happen.
I would imagine they could only get all the bids (744k) filled at ~3000. There, enough people should flock in to take profits and fill Gox.
That is an astounding 2 billion dollars. #NotGonnaHappen
I'll grant you that it's mighty unlikely, but weirder things have happened. A messaging app was just bought up for 19 billion dollars by Facebook, for example.
Fair enough, but what is the incentive? Do you think Gox is capable of earning 2bn in fees within the next 10 years? Maybe?? But it would mean Bitcoin would have to grow, and Gox would have to become leader again.
825.
Post 5476627 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
That wall keeps flashing itself on bitfinex....
Ignore this if you are using Bitcoinity. Bitcoinity will show walls disappearing and re-appearing when in reality nothing happened. This tends to happen just about every time someone sells (or buys) in to one.
826.
Post 5495003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
That was weird, there was just an over 40 btc buy order at $702.13, which should have cleared off the sell wall, but the sell wall was unaffected, and the order was filled...
Hidden orders are a thing.
No they arent.
827.
Post 5495591 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
That was weird, there was just an over 40 btc buy order at $702.13, which should have cleared off the sell wall, but the sell wall was unaffected, and the order was filled...
Hidden orders are a thing.
No they arent.
Sure are. Easy to do with Bitfinex.
https://bitcointalk.org/index.php?topic=257358.0Some random place that no one uses, sure thing boss.
Go record it happening. I've watched these charts way more than anyone should ever do, and not once did I see an order fail to match the best bid/ask.
828.
Post 5495732 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
That was weird, there was just an over 40 btc buy order at $702.13, which should have cleared off the sell wall, but the sell wall was unaffected, and the order was filled...
Hidden orders are a thing.
No they arent.
Sure are. Easy to do with Bitfinex.
https://bitcointalk.org/index.php?topic=257358.0Some random place that no one uses, sure thing boss.
Go record it happening. I've watched these charts way more than anyone should ever do, and not once did I see an order fail to match the best bid/ask.
No one bought 50k coins on BFX yesterday...
http://bitcoinwisdom.com/markets/bitfinex/btcusdThe link he gives would lead me to this:
https://www.trucoin.com/And regardless, there is no use for a dark 40 coin ask. So, again, prove it or its BS.
A real dark ask would be hundreds at the minimum.
829.
Post 5496488 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
Its going down.
You made me open the charts only to see that 400 coins were sold and $675 hasnt even fallen
830.
Post 5497285 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.23h):
shorts on bfx are pushing down hard now. that means there's gonna be a squeeze.
could you dumb that down a bit for those of us who are unfamiliar with leverage and options?
seriously, bitcoin is the first time I have ever traded anything.
if 'shorts' are pushing down, does the 'squeeze' mean price spikes down? or up?
I really don't get this
Short squeeze means price goes up*, but I also do not understand what it means for them to be pushing down.
Please clarify
*[People take losses on their shorts and buy back, rather than risk it going up even more, and in turn losing even more]
831.
Post 5513402 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
832.
Post 5514181 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Go back to school and you will know where Slovenia is. It seems it is leading country for cryptocurrency trading. Still waiting for someone else from respectful country like yours to show something better.
Some have Hitler and Bosh, some have Bush and you, but we have Bitstamp.
Anyway, the 'glitch' was just the begining.
All your bitcoins are belong to us.
According to Wikipedia, Slovenia wasn't even a country until 1991, by which time I was out of school. It was part of Yugoslavia before that, which makes sense. Bitstamp code is to computer engineering as the Yugo was to automotive engineering.
Wow, you can use Wikipedia. You must be one of the brightest one from your class.
Congrats on attacking him for using wikipedia, when that had nothing to do with his post
What makes someone smarter for wasting time to find the info elsewhere, like here?
http://www.slovenia.si/slovenia/history/the-independent-state/Was it wrong? No? Then fuck off you idiot.
833.
Post 5518009 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
OH WHALE, WHERE ARE YOUUU?!
Hes coming, I promise! I sent them an invitation, see here:
Hes ready to blow a huge load all over those bitcoins. (Of cash, sicko)
834.
Post 5519499 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
13 billion USD bidwall:
Anyone who understands localbitcoins, please keep to yourself
835.
Post 5519716 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
The expected return on a lottery ticket is 50%, just going by the rewards(-taxes)/odds.
How do you calculate that for bitcoin? You dont. So its not like a lottery ticket. A lottery ticket is throwing money away. Bitcoin is betting on the success of a technology.
836.
Post 5526430 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.
Why would you complain about that? Clearly its a tiny exchange.
837.
Post 5528363 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.
Why would you complain about that? Clearly its a tiny exchange.
They've been around for three years! You'd think they'd reduce their trading fees or court VCs to expand or something. They just don't act hungry for my business.
Ah, I didnt realize the fees were so high:
Our trade commissions are:
Quick Sell / Buy: 0.55% (Volume discounts available)
Advanced Orders: 0.55% (Volume discounts available)
Thats pretty bad...
Only Gox was worse, and that was only for the lowest tier traders.
838.
Post 5530811 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Please post more train pics guys, I think they trigger the whales.
I got a good feeling about this one.
839.
Post 5540706 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Now everything is so boring... What is the biggest bid wall in terms of USD you ever spotted on an exchange? I think there was a 1.2 million wall once on Mt.Gox, but i'm not entirely sure.
This one?
This must be the biggest wall, not the one i spotted though.
hell of a wall kid
July ~800k:
Apr ~1m:
That wall taught me a hard lesson about panic selling.
840.
Post 5549193 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
I dont trust him, hes not as tall as I imagined. And he may or may not own 1mBTC
SELLSELLSELL
841.
Post 5549228 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Yup this is bad news. SELL.
842.
Post 5549665 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Coincidence?
What is this strange Pennsylvania link?
843.
Post 5549935 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
844.
Post 5550200 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Satoshi playing CCMF:
I lol'd way too hard at your caption.
Thanks
845.
Post 5553946 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
why did they all knew of Mt. Gox being insolvent when the faked 2 bitidiot came out and made patently clear they of course are not
English please.
846.
Post 5554106 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
why did they all knew of Mt. Gox being insolvent when the faked 2 bitidiot came out and made patently clear they of course are not
English please.
"Working on Bitcoin's core code is really scary, actually, because if you wreck something, you can break this huge $8 billion project," says Andresen. "And that's happened. We have broken it in the past."
Thanks for that, but I was wondering if someone could translate this: "why did they all knew of Mt. Gox being insolvent when the faked 2 bitidiot came out and made patently clear they of course are not
" to English?
847.
Post 5555425 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Well, the headlines are going pretty much as expected:
Im disappointed in RT. It should say, "ALLEGED"
848.
Post 5555792 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
You know how far Bitcoin went when Satoshi Nakamoto is the bigger news than Ukraine today.
Too bad thats not true. Its barely news.
849.
Post 5555858 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Well he just denied being the creator of Bitcoin!
OK so #nakamoto DENIES being the the creator of #bitcoin. Yes, DENIED.
850.
Post 5556012 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
Owns half a billion in bitcoin yet can be lured out of his home for a free lunch. I like this guy.
Cashing out the .05BTC it would take to buy a nice lunch now is like spending a million in the future!11!!1!!1
851.
Post 5558084 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now.
852.
Post 5558254 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.24h):
today was a low volume day
~10,230 coins were traded for ~6,800,000$
price ranged from 675 - 650
i'm pretty sure depth on both sides is meaningless
How can depth be meaningless? The ask end filled, the bid side didnt.
orderbooks at Bitstamp filling up. 7000coins to 700 and 600 each. That's a toughy to beat. Maybe we will hover around 650$ for a longer time...
Unfortunately the only side filling up is the ask end. Bids have fallen below 16m and asks are above 20k now.
Who cares about the number of all bids or asks? Important are the coins to an realistic level. So maybe +-200$. And what does a sell order at 780$ mean? It just means, that a person would sell for this price if it jumps that high in the time he sleeps. If the price slowly rises, he might no sell at all...
But what does matter are the orders near the price.
btw: The orderbook of Bitstamp.net says there are 7450btc including 700$, Bitcoinwidsom only says 4470?
700 got 8k in asks. Over 24 hours.
Also, bitcoinwisdom is absolute garbage and I wish people would stop using it.
853.
Post 5569980 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.25h):
"Omg i have no idea what this all means but i'm gonna panic sell just in case".
They will likely be rewarded for that choice...
854.
Post 5613891 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.25h):
i couldnt find my transactions in btc-transfer-report, found my id in mtgox_balances
use wallet-id instead of user-id
If I dont have my activation email, is there anywhere else to look?
The only number I was able to find was this but I'm not sure if its mine..
02a2c525-316a-4c8c-b99a-33d2f438c2be
I see two results in the text file for it.
855.
Post 5651360 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.26h):
Wall guy is back! $5000 it is!
lmao xD
I dont think its the same guy tho, the rally to $700 seemed to have a pattern. This wall doesnt fit it. Unless they just found a couple hundred thousand dollars lying around and wanted to throw that change into BTC.
856.
Post 5651412 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.26h):
climb aboard, bears. now or never.
Only if we see another pattern of gradually moving walls. This could be an isolated incident.
857.
Post 5679848 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.26h):
WTF guys, a legit 2k wall appeared at $630 and no one comments?
This is the first time in a long while (relatively) that $600 had more bid support than there was resistance to $700.
858.
Post 5684350 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.26h):
Despite the [small] dumps in the last hour, bid depth still getting better.
Before, ask was 7.6k to 700 and bid 8k to 600
now, ask is 7.7k to 700 and bid 9.2k to 600
859.
Post 5718659 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.27h):
Wow, this volume..
Im no TA guy but it looks like it wants to shoot down.
As always, hope I'm wrong.
860.
Post 5745840 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.27h):
any news that caused this small dip?
That Gox death is playing out as expected. Down to double digits, it is!
861.
Post 5754715 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.27h):
rapid loss of depth on both the bid and ask side from the bitstamp orderbook in the past hour.... what's going on
traders finally moving orders that had been parked since the beginning of the painfully low volatility?
I don't see any meaningful changes regarding the order book walls.
I see 6,000 bitcoins on each side of the order book (at least for the next $60 in each direction)..... pretty much unchanged from previous order book wall amounts
courtesy of bitcoinity
Sorry but hes right, the order book is looking terrible.
Bid depth was 9.2k to 600 and ask 7.7k to 700 -- <4 days ago
Now:
Bid depth only 4.6k, 50% reduction, and ask depth to 9.6k.
862.
Post 5813063 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.28h):
863.
Post 5815689 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.28h):
First Bitcoin ATM in USA, in Albuquerque, NM was pulled today because it wasn't being used.
Cant find anything on that?
does bitcoinity work for you guys? Mine is just blank for hours now
Works fine
864.
Post 5822079 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.28h):
China dumping so hard that red candle meets the volume candle
Wow
But it says on the volume only 3300BTC???
Too bad no one has Huobi charts (BTCCharts, Bitcoincharts, LTC-Charts)
865.
Post 5822202 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.28h):
Thanks
lmao @ the LTC/CNY chart.
866.
Post 5881033 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
I have lot of fiat, don't particularly like this one unless it's breakout which I doubt it is yet.
The worst thing is that I bought few dozen BTC at 560s 2 days ago and then sold them at 550s last night thinking it's going down more, lol. Hate that shit. Hate btc vs usd.
Yeah that classic happens to all of us
Yeeep. I no longer trade BTC (for USD). Any time I managed to push ahead thru a ton of small gains, a big loss would come along.
867.
Post 5881058 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
NICE BULL TRAP !!!
WHY YOU SAY IN CAPITALS!!
sounds like youre a short trader trying to say 'holy crap thats a killer bull trap!' lol
Just ignore that guy. Its too bad they got rid of the yellow ignore text under frequently ignored people.
Im sure this guy would be neon yellow.
868.
Post 5881859 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Wow... everywhere else slowed down... but china is still going!
Also... note to self... do not short bitcoin.
Where in china do you see bullish activity?? All I see is some abysmal volume on Huobi.
869.
Post 5883127 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
choo chooo
Is there something to that? I recognized it as GTA 3 right away but im not sure what that car means
870.
Post 5902809 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
871.
Post 5903533 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
We think we have it tough...spend some time over at the auroracoin subforum...not fun
what's that supposed to mean?
872.
Post 5904101 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
The largest volume spike in that period is just about 100BTC.
It could easily be two small walls right next to each other. Happens on USD markets frequently.
873.
Post 5923787 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Finally the ask walls on bitstamp are being dumped! Its about fcking time.
874.
Post 5923937 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
well sure it affects the price, but it does not forecast the market.
just like TA does not when sudden news come out
TA predicts the news! DUH!
875.
Post 5924146 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
All in all a 7.3% dip on Huobi, 3% dip on Bitstamp
Unless it continues
876.
Post 5924250 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
bitcoin banned - confirmed.
Confirmed by whom? Proof or didn't happen, and not that shitty chinese news site that spread the FUD last time.
Tarmi is a known troll, dont concern yourself. Could it be legit? Yeah. But hes just a FUD spreader.
877.
Post 5925479 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Im cautiously optimistic.. but all these failed upwards breakouts are becoming hard to bear.
Ask and bid sum seems to be locked on 12m 20k last few days.
878.
Post 5925498 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
I'm catching up here. Is this what happened?
We were going up, someone spread some fake info, the sheep panic sold, info turns out to be fake, price stays down. Correct?
Another perspective:
We we're going down, hit the minor 540 support into a dead cat bounce, then some sheep started panic buying because of all the latest 'hot news'. Now that the hype is over, we can resume the downtrend.
I wasn't here too see what happened. I guess the answer is simple. Did the selling start when that China "news" came out?
Amazing how there is so much good news and it does nothing to the price while any person can create a fake tweet or whatever to instantly make the price crash.
Bitstamp was trending down after a failed upward breakout. Couple walls totalling about 1.5kBTC popped up before the China news. Then those walls moved down.
That was about it.
879.
Post 5931997 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Bid walsl being pulled, ask walls continue to pile up.
Looks very bad.
880.
Post 5932027 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
We're still above the long term historic support trendline.
It could go as low as the mid 400's until the strong buying support kicks in and we resume the upward trend again:
So everything still within normal parameters.
What is the volume in your chart? Volume in currency? Obviously its not
BTCVolume
mmmm come on 400's!
Huh? Why would you want it to go to the 400's?
He sold? Shorted? Duh?
881.
Post 5932104 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
holy shit 400s HERE WE COME
I think 500 will HODL for now..
Pretty sure an ask wall was dumped (which is good) but without BTCCharts working its hard to say.
882.
Post 5932250 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
2nd set of orders missed for 40 cents
You shouldnt place your orders behind whales. Always put them a few cents up.
883.
Post 5932620 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
2nd set of orders missed for 40 cents
You shouldnt place your orders behind whales. Always put them a few cents up.
I haven't really looked at walls, did it this morning just before sleep without much thinking. I shouldn't put it below 505, these 5-10 numbers usually have some bids, yeah. But I bought some at 514 I sold at 550 bottom few days ago minutes before it bounced to 590 after buying at 560 earlier so it's ok.
Yeah, Ive done the same thing. So if I ever want to trade, I always check the walls. And once the price nears my bids, I check again in case some dickmuncher put a wall in front of my hill
But congrats on the good calls
884.
Post 5933042 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Double bottom always induce panic buy behind, at least in the book
GO bitcoin !
HOLY FUCK...... I did NOT pull the trigger, and it looks like I am losing my opportunity to buy on coinbase at $515.... maybe we are never gonna return to that price? The buy price has gone up more than $20 in 15 minutes.... Maybe I will have to settle for some other amount.. possibly $525, since we are kind of hovering?
You're fine. Should be a dip coming in a minute..
885.
Post 5933325 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
BUYBUYBUY HURRY ON THE USD MARKETS!!!
886.
Post 5939822 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
i was able to stop smoking bitcoins for 2 days then i totally lost it, i had to have me some bits.
lmfao
---
Ask wall pulled -- will it be dumped? :O
You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.
Lol, I offered to give him 1XBT, he turned it down equating it to crack.
If you're having trouble getting rid of that XBT, I can take good care of it for you. Thanks!
887.
Post 5939994 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Down with 500
888.
Post 5940038 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
And so it goes. 500 wall just pulled out--about 2K at once.
Wall wasnt pulled, it go eaten. About 2k of the 500 wall was pulle hours ago. But nothing pulled during the dump.
889.
Post 5940456 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
Is there a bottom?
He hasnt been wrong since i started using him for my TA advice.
890.
Post 5940796 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
puh for a second I thought my short at 474 would get squeezed
I'll see where this goes now from the sidelines
You shorted at $474? Are you fckin nuts?
891.
Post 5941355 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.29h):
puh for a second I thought my short at 474 would get squeezed
I'll see where this goes now from the sidelines
You shorted at $474? Are you fckin nuts?
Same was said to those who shorted at 1000, 800 and 600. 10K by spring yadda yadda. No one should be listening to bulltards right now.
The point is that you don't sell DURING the crash, when a bounce could happen at any time. You sell BEFORE the crash right after a bulltrap when there is low volume and everything is fizzling out and all the indicators are going down.
Yeah. I dont see anything wrong with shorting if you think its going down, but shorting after/"during" the drop is just unnecessary risk.
892.
Post 5950088 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
Dat ask sum tho.
893.
Post 5954902 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
1K dump on stamp, no support, and the price is holding anyway. weird.
edit: 3$ drop so far.
New bottom incoming
894.
Post 5957428 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
china sparking up
China is sub 3k and has poo for volume
How is that "sparking up"
farking hell it was approaching support with momentum, and then it stalled and sparked up. I call it a spark, because it wasnt quite a rally.
China can be more or less ignored when its volume is low. Jorge would call these "Slumber periods" I think.
895.
Post 5957665 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
Already 550BTC of asks to replenish the 1.25kBTC buy in just a minute? How is that not bearish...
896.
Post 5957737 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
Already 550BTC of asks to replenish the 1.25kBTC buy in just a minute? How is that not bearish...
Because right now there is pretty much infinitely more fiat in the world than coins.... coins are rare.
.... is there infinite fiat on the exchanges? No?
Then STFU.
897.
Post 5957828 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
Already 550BTC of asks to replenish the 1.25kBTC buy in just a minute? How is that not bearish...
Because right now there is pretty much infinitely more fiat in the world than coins.... coins are rare.
.... is there infinite fiat on the exchanges? No?
Then STFU.
Wow... onery... short get squeezed? so you are saying that A) you know how much money is on the EXCHANGE not the order book? and B) that there are more coins in the world than fiat?
Im 100% in
BTC, I just dont like those sort of cultist comments. "Infinite money". We get it. But that doesnt mean a whole lot.
The exchange orderbooks still look like ass, and coins arent hard to come by, clearly,as it took 1 minute for 550
BTC to show up after a 1250
BTC buy. Thats awful!
898.
Post 5959067 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
"cheap coins" - another cultist term
Imagine you were selling bitcoin futures contracts. What would someone have to pay you now in return for your bitcoin a year from now?
These coins are going up and you know it. You just don't know how much they're going to go down first.
No, I dont know that. And clearly most of society disagrees as well.
899.
Post 5960748 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.30h):
Breaking News:
If no one buys we won´t go up
If no one sells, we won't go down.
I have to think about that, but there might be some truth in it.
For now, Chona started dumpin a little bit. We´ll see how low this will go.
3600B mined a day. Selling wont stop.
900.
Post 5991413 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.31h):
800 btc support wall at btc-e
rocket is fueled.
lmao.. a 800BTC bidwall is "a fueled rocket"
?
There is a 6000BTC wall on Bitstamp. And even it doesnt mean much.
901.
Post 5996049 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.31h):
Just another day in the Bitcoin market...
Exchange x stopped deposits in y currency?!?!
This means that the price should go down artificially on that exchange.
I think everyone else will dump because they think everyone else will dump because of this news.
Panic sell!!!If I understand it, a ban in China is not like shutting BTC-E down. It would prevent the whole country from being able to invest in Bitcoin. If BTC-E goes down, people can just move exchanges. This should cause a massive devaluation of
BTC unless we happen to end up in another hype cycle (or, deposits come back)
I really dont believe the China ban is "factored in". Much like Gox, and countless other things that were 'already' factored in.
That BTC-e whale is interesting..
Whats going on there? I checked and saw a shadow line of about 600BTC. Was it sold in to?
902.
Post 6004276 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.31h):
The train is coming
903.
Post 6059901 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.32h):
On stamp there are 115.98btc order all down the order book. In intervalls of 5$, so 69. I think this is one guy and he is biding for around 8000btc. Can somebody explain this to me.Why does he use always the same amount. So that people know that it is from one guy?
Easier to do it by making all the USD sums the same or all the BTC sums the same.
He (or, possibly someone else with that same amount- no guarantee) has a 115.98btc ask as well, so they are probably just trying to flip for a quick profit.
904.
Post 6096407 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.33h):
does anybody still care about walls? down to $400, it just crossed the 15k mark!
It is fake wall.
Just compare with huobi wall, and
you can see.
There no have any logic.
Huobi has a volume of daily transactions three times more than bitstamp and should have a greater wall than bitstamp.
China exchanges are more market order fans than limit order, wall is likely real
905.
Post 6113147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.34h):
Just one question: why didn't you mirror it so the red candles made sense?? Funny though!
906.
Post 6147106 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.34h):
Relax guys, price will obviously go higher. Look at bitstamp:
- they are buy orders in value of 14.000 BTC in total from 440 down to 398 USD
- on the other hand they are sell orders in value of 4.698 BTC in total up to 484 USD (from 440 USD).
So basically, while people would buy 14.000 BTC by the time BTC would go down to 400, there is ONLY 4.698 BTC on the selling side up to 484 USD.
I think this says all: people are not willing to sell their bitcoins at this price, which is the correct attitude. Excepting some idiots who are selling (I think everybody's an idiot selling now), people are just holding. Imagine, 4.698 BTC for sale from the almost 13.000.000 on the market... that says a lot about it (and also about how stupid people selling at this price are).
I am sure that by the end of 2014 BTC will be at least 2-3.000 USD.
The orderbooks cant be taken too seriously. You'll see some really big rises come from times of an awful looking orderbook and of course vice versa.
\
907.
Post 6151011 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.34h):
There's going to be some resistance at $415 and $400, but the bid walls are getting smaller. Some people are moving them back. Some are just pulling them. Probability of breach up to 50/50. The Whales are swimming deep in the order book.
The only significant wall that has been pulled so far is ~
BTC700 at ~$375
908.
Post 6159695 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.35h):
This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing.
909.
Post 6164006 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.35h):
remember my words I posted here 5-6 hours ago :
"Bitcoin will not make it through this night"
Yeah I'm sure tonight its going to be $0.
910.
Post 6164559 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.35h):
This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing.
It took a full 2 weeks for 400 to fall, and the support zone is actually in 382-384 from the previous bottoms. More likely than not your dream will not come true, sorry.
How about that?
911.
Post 6164706 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.35h):
I am going down with this ship
Goodbye $25 grand
Goodbye all my mined money!!! lol!
912.
Post 6164733 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.35h):
From reddit:
LOL'd hard at this'un.
913.
Post 6165541 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.35h):
I think $339.8 was the bottom. Whats ya'lls thoughts?
914.
Post 6166332 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.36h):
340 retest incoming, let's see if it holds.
What do you mean by that, please? Thanks!
They think the market will drop to ~$340 again and "test" to see if it goes to a new low. Current low is $339.8, so if it gets to that level again, it is "Testing" it.
915.
Post 6166387 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.36h):
Weird. Huobi is showing current price > 2300 but all transactions are below 2250.
My mistake, sorry
Looks like its just a nice rally.
nearly 4% in 10 mins
ON A COMPLETELY RANDOM NOTE, does anyone else have issues with images on this site? I cant see the image I just posted but the link looks fine? Its only this site and I have adblock off, etc.
916.
Post 6167121 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.36h):
I think $339.8 was the bottom. Whats ya'lls thoughts?
not even close, this gonna get fugly me thinks
Glad I didnt listen to you :O
This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing.
It took a full 2 weeks for 400 to fall, and the support zone is actually in 382-384 from the previous bottoms. More likely than not your dream will not come true, sorry.
Or you!
Making some
BTC on this drop.. for once!
917.
Post 6207811 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.37h):
The hell is going on? Rally because rally or is there news???
918.
Post 6207876 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.37h):
China @ $436. C'mon US markets, GOGOGO!
-- Lol as I typed this someone pulled the trigger... now US matches China.
919.
Post 6207898 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.37h):
You don't do a 2.5k buy order on all exchanges (5k on Huobi) at the same time. Something happened.
I've told you what happened, OKCOin announced they will invest in ATM production.
https://www.okcoin.com/t-1008365.htmlHm, so... this bypasses.. the China ban? Or am I misunderstanding?
920.
Post 6207916 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.37h):
You don't do a 2.5k buy order on all exchanges (5k on Huobi) at the same time. Something happened.
I've told you what happened, OKCOin announced they will invest in ATM production.
https://www.okcoin.com/t-1008365.htmlHm, so... this bypasses.. the China ban? Or am I misunderstanding?
Who the fuck knows anything here? Except that Chinese are doing us at their will.
Now my bots will buy at this top just after they sold at bottom.
Fuck you CHina.
Just as they run out of steam? Eh? I hope China manages another push.
921.
Post 6222933 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.37h):
Looks like China bulls are ignoring the manipulation on bitstamp and trying to push thru 3000 for the third time.
922.
Post 6238692 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.38h):
China appears to be sleeping so US markets are having trouble trying to rally.. lol
923.
Post 6239077 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.38h):
China is gonna go nuts if they wake up soon
But they probably wont trade for another 10 hrs
924.
Post 6267021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
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)
925.
Post 6270625 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
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.
926.
Post 6270979 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
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 =)
http://i.imgur.com/YkfLRbB.pngExplain?
I love not being able to see my own images on this site..
927.
Post 6271113 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
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.
928.
Post 6275159 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
Now there's a buy wall...
Where?
Oh, the tiny one on BTC-E?
929.
Post 6290472 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
Hmmm... will bitcoin price rise to 2000k$ this year?
I bet you 1btc it won't.
930.
Post 6302928 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
If I ever got the slightest curious inquiry about one of my bets/calls I immediately, gladly produce some screenshots of exchange accts' trade history logs while MS-Paint-blanking away the sensitive/private details.. o.O?
You declare "screenshots or it didn't happen" then go on to talk about Photoshopping screenshots. Did you think that through before typing it?
Did you? Blanking sensitive data is hardly photo editing. And it's not Photoshop. Couldn't you read? Mspaint.
931.
Post 6314451 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
Well my opinion is a slow drop in to the lower double digits over the course of 2014, and probably through 2015. Looks like a sinking ship to me. I've been pretty bullish mid term in the past but with the whole Gox ordeal, my opinion is that its GG for bitcoin.
932.
Post 6314543 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.39h):
Well my opinion is a slow drop in to the lower double digits over the course of 2014, and probably through 2015. Looks like a sinking ship to me. I've been pretty bullish mid term in the past but with the whole Gox ordeal, my opinion is that its GG for bitcoin.
I very much doubt we will be seeing double digits and certainly over such an extended period of time what is it about the gox ordeal that will still bring the price down ?
I dont see any more catalysts for bitcoin going up. The average joe just doesnt care about saving a buck on a transaction, nor do they care about anonymity, nor do they transfer money across the world more than once in their life.
Pretty much everyone has heard of bitcoin by now, and that helped with the bubble to $260. And then, people learned about bitcoin and what it does in the run up last year. Now, what would possibly trigger another jump? People know about it and what it does. They dont want any part of it.
I have bitcoins and I dont use them for anything but gambling. If amazon accepted them, I still wouldnt (And I shop at amazon A LOT). I dont feel remotely safe having bitcoins on my computer due to how easily they are stolen, and I dont like transactions because its not reversible. Yeah, a better interface is totally possible but still, credit cards are easy.
Again this is just my opinion(obviously) and I dont mean for anything to come off as fact, "PROVE IT!!!"
I sure as hell hope I'm wrong though, as I HODL on to my remaining $380 coins.
* I suppose there are a few things that could trigger another jump (big investors) but even if that occurs, I still see it just delaying the inevitable drop to the lower double digits.
933.
Post 6378228 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
660BTC Bidwall at $490
934.
Post 6378578 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
The bidwall is growing!!! :O
And china is (very slightly) dipping?
935.
Post 6381633 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
Total bidsum on stamp has gone from $9.5mm to $12mm in the last day or so, first time since it hasnt been decreasing in a while.
Bidsum hasnt been below 10mUSD for about 6 days, but yes it is going up. Its the first time the bid sum has topped 12mUSD in over 2 weeks
936.
Post 6382255 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
Rally fail.
Pretty much, but there is a chance that if the following dump doesnt take it under $490 that we go up more.
937.
Post 6383235 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
My crystal ball says it's buying time. And dump at 505 before a whale dumps and takes us down again. Which is pretty much guaranteed to happen
I'm sorry for stopping this rally everyone. I didn't realize i had so much influence on the market. I'll be more careful with what i'm saying in the future.
lOl pretty solid call, it never went above 505. Thankfully I put my asks at 504.99 following the assumption all traders read your post and placed walls at 505. Was I ever right! Thanks shrooms!
938.
Post 6383620 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
No dumping at 505 this time! I repeat: no dumping at 505!
You sound like an altcoin pumper
Dump phase 2! Will 490 hold?!?!?
939.
Post 6383646 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
Well that was today's pump and dump. See you in a day or 2, 3.
I wonder how much longer this is gonna take.
Its not over yet!!! $490 still holding..
EDIT: Ok its over. Down we go.
940.
Post 6384021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.40h):
someone wanna tell Canada about this dump?
I want my bids eaten too ya know!
You guys are right on target -- currently ~477USD when Bitstamp is $475 USD
941.
Post 6428775 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
Did anything ever happen with the bet between rpietila and windjc???
942.
Post 6430326 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
Looks like you'd have lost your bet
How the fuck he lost the bet?
$435.55 on Bitfinex. Wait another hour
Edit: It just crossed $435. Bet lost
Educate yourself kid... You're not that bright
?
Seconded.
What are you talking about?
Weird though, China hasnt moved yet.
943.
Post 6430440 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
Date: 03.27.2014 17:17
Ignored.
944.
Post 6430529 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
Is there any news?
No. please read previous post. My intent wasn't to troll, dead honest
Ok. I've just seen many trolls find dates that "look" similar to the current date in order to pass them off as new news. But if its an accident then no big deal.
Huobi down to $420. BitStamp/Huobi spread reduced from $15 to <$7
945.
Post 6430740 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
artificial pump is there, prepare for shocking dump;)
Its the natural bounce, but there is some reasonable support on China for it. nice manipulative dump on Bstamp tho.
Damn China nearly to pre-dump levels. Stamp still going wtf after the wanna-be-dumper.
946.
Post 6432921 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
It never ends
947.
Post 6440993 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
1000BTC buy on Fenix taking it up to $450
It was only500
948.
Post 6441171 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
1000BTC buy on Fenix taking it up to $450
It was only500
Wisdom says different...
Oops sorry 500 on bitstamp
949.
Post 6448752 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
if they sold 380,000 btc for 3m, that would be $12 each. - must be a portion, or Im missing out on some seriously 'cheap coins'
The congressmen probably used 5 year weighted price averaging to give themselves a sweetheart deal.
RTFA
the government has already sold more than $3m in the proceeds from Slomps’ crimes, Assistant US Attorney Randall Samborn told CoinDesk
950.
Post 6463196 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
This whale is awesome.
951.
Post 6476543 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
Blind luck? You can't really call a roundabout centralisation.
Not the best example of subsidiarity since I'm guessing quite a few people have ended up in hospital on that road. Just not in the ~20 frames of that gif.
hmm i dont know, i mean, sure there must have been people ending up in hospital, but i dont think it outnumbered the people ending up in hospital in countries with road signals..
The point being adaptation. but yeah, im no expert, just trying to provide you folks with some illustrations and awesome gif
Actually <10 seconds on google reveals India to be one of the worst places for traffic accidents in the world.
Yup,and that gif is at ~500% speed. Terrible intersection, unsafe and slow versus controlled intersection.
952.
Post 6478261 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.41h):
So I watched some videos of these 'shared space' intersections.
As expected,traffic slows to a crawl and that is in a tiny,barely used set of roads.
Lol@people thinking these are a serious replacement for city lights.
953.
Post 6485298 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Lookin good but need to see that bid sum start rising before I'll believe this is anything other than a bull trap.
954.
Post 6493962 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
This guy is really loading up on coins without moving the price... makes me very optimistic.
955.
Post 6495670 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Hmm, the ask sum is strangely stable with all of these buys.
Either
A: Most of the coins that this whale is buying is from him bidding and getting sold in to (I know they place bid walls, but is it really >>50% sold in to rather than market orders while the price rises?)
B: They're in for a quick buck. New walls showing up at 472.
956.
Post 6497091 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Looks like some serious shorting going on - the sum of swaps on finex is 9.5K (if I remember well yesterday it was 8.5 then 9 then again 8.5).
Exactly, I just commented about it. Seem surprising to me - why shorting now, not a couple days before?
Doesnt seem surprising to me. The price is up a bit, and not with that much volume, so its a "safe" time to short.
957.
Post 6497613 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Oke I'm changing to bearish. This whale is just flipping his coins for $10-20 profit, not real buys.
(unless $465 gets eaten, then I wont know what to think)
958.
Post 6497977 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Around ten years from now only 450 or so coins will be mined per day. There's only ever going to be 21 million regardless of how quickly any of us manage to get our hands on them.
21 milion will be mined for 120 year, regardless of mining speed (network hashrate),
but bitcoin will dies for next 5-6 months.
Even without mtgox demand outstrips supply by 10x atleast. Look at avg daily volume divide by 10. Now you know your answer if you know 1+1=2 gluck.
... what on Earth does daily volume have to do with demand?
959.
Post 6498153 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Im confused, where does the 30 figure come from? Thats not supposed to be the average investment is it? Because it should be about a tenth of that.
Plus most of those accounts are probably not "unique"
960.
Post 6498200 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Im confused, where does the 30 figure come from? Thats not supposed to be the average investment is it? Because it should be about a tenth of that.
days i'm guessing. AKA 1 month
Ohhh, shit, its daily. Then that is impressive...
961.
Post 6548532 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Someone just dumped ~500 coins and less than 2 seconds later someone market orders 400.
I think we have a war.
It'll never compare to that day when whales where dumping and market ordering thousands of coins at a time. Anyone else remember that craziness? Something like 2-5kBTC market orders in both directions, for like 70k volume in an hour?
962.
Post 6549203 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
i'm really liking the action right now, looks bullish, looks like poeple sodl when they should have hodl.... always hodl!
Looks bearish to meeee
963.
Post 6549794 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Damn look at the sell wall now on finex.
Are Fenix walls real or still easily faked?
964.
Post 6566219 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Did China just eat ~2.5k ask wall???
965.
Post 6566377 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
Did China just eat ~2.5k ask wall???
I saw two walls a few CNY apart, each ~1400 BTC. I believe they were eaten in one gulp each.
Did China just eat ~2.5k ask wall???
>3k
Did China just eat ~2.5k ask wall???
yes. but sell orders are bigger than buy orders, likely meaning smart money is sellng
Ah, well, here the asks keep piling on!
Another 1.2k+ asks in ~10min.
966.
Post 6566503 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.42h):
I have no idea how to read those BFX charts lol
967.
Post 6585489 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
Me thinks China gonna break up a bit, maybe 2750 or so?
968.
Post 6592275 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
Me thinks China gonna break up a bit, maybe 2750 or so?
All hail derp:ta pro!!!
I'm on a roll lately
969.
Post 6594991 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
Huobi appears down
Edit: nevermind
970.
Post 6602452 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
The good part of this is that the wall was previously at $580 and had been there for awhile. So, the ask sum has overall dipped 1:1 with this sell. Thx for clearing the path buddy
971.
Post 6604873 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
China broke 2800...
ps. a huge chunk of BFX bid sum is one single entity:
They are all 261.9
BTC staggered bids.
972.
Post 6604951 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
Agree, thats a big fckin wall and its growing. Will have to watch dat bid sum to see if it can beef up a bit.
973.
Post 6605471 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
What's up with the big btc transactions?
A while ago, I saw five 8k btc transactions and lots of 1k-4k transaction
Hm, sounds bad! lol
974.
Post 6633555 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.43h):
Lmfao, Chinese are probably so confused as to why we are rallying.
975.
Post 6698510 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
I raise you - pre edit!!!
And what it is!
http://www.mois.ee/english/viru/malla.shtmlIts quite awesome. I dont know why you would feel the need to edit it?
976.
Post 6699483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
He didn't edit it. Pretty sure that is the image rpietila originally posted. Your second image is the one that was found after people started checking it out.
Uh, right, I didnt understand why rpietila would edit the picture of his estate.
I checked back a few pages and didnt see that image posted but ok then.
977.
Post 6717500 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
Anyone else amazed this continues?
It cant go on forever
978.
Post 6732154 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
Doesnt look like this tiny rise is going anywhere...
China volume should jump in abt. 2 hours so we will see then I suppose.
979.
Post 6736312 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
Massive wall put up on bitstamp at $450. Bears are getting desperate!
Are we watching the same charts? 300BTC isn't what I'd call "massive".
Yeah, and its been there the whole time lol. (around 2 days old)
980.
Post 6751569 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
Rumors , rumors but whenever I hear about the importance of China I feel like puking.
It was a pump based on fake volume and assumptions.
And what is worse , right now people believe that without China we should go back to 100 and ignore every progress made from last autumn.
Actually it is only the koalas who say that. Real grizzly bears believe that the jump of April 2013 was due to China too (specifically, to Bobby Lee taking over BTC-China), so this is what will happen when China withdraws:
(Actually that is still a rather timid Grizzly because it assumes that the exponential trend before April 2013 has not been affected by MtGOX, Neo&Bee, SilkRoad, etc.)
Whoever has the thought process behind this chart is just stupid. For this to happen, every coin that was bought since April '13 would have to be sold to bring it back down. Oh wait, we have more fiat on the bid side to keep it from going back that low. Oh, and what about all the people that bought since then and are hodling. So yeah, this is pretty much impossible (unless extremely bad news comes)
PS. Im all in now so CCMF
The chart is extraordinarily stupid, but nothing makes double digits impossible. Theres something like 15mil coins now. Very, very easy for double digits.
981.
Post 6754771 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
Damn it. US hasnt responded yet, but Chinas dumping pretty hard.. (well, about 2.5k)
982.
Post 6754957 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
I was gonna say this at 2735 but had to go make me a BLT, but.. I think that was it...
Bid sums lookin too good on Huobi for any more dropping.
983.
Post 6755160 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.44h):
I was gonna say this at 2735 but had to go make me a BLT, but.. I think that was it...
Bid sums lookin too good on Huobi for any more dropping.
Huobi is notorious of suddenly waking you up from your low volume trance by violently smashing deep through everything you thought was a support and more and weeks of up candles are erased with a single down candle.
Huobi is awesome at that, and they can do it both ways, down, and up.
I'll be sad when (if?) they're gone.
(edit, actually I guess it was btcchina that did the up stuff, so perhaps amend the above statement as a
generalization of chinese exchanges.)
(second edit, hmm, why the other exchanges not following? are we finally reaching the bottom? I remember it took a long time before other exchanges stopped reacting to gox.)
Agree with both of you, Huobi can be very violent and walls there tend to be eaten quicker than they would in other markets.
984.
Post 6769675 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
What happened to the order book at stamp? Only 4k btc until $400
I see ~10k
This is what mine looks like, maybe it's a bug?
Of course that's a bug. No bids at all in that flat area? Cmon
985.
Post 6826338 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
After further research, nothing is backing up this pump. I think it's a small artificial "correction" to keep up with the slow uptrend
This is one of the strongest rallies so far (versus the bunches of them weve seen these past months that move up a few dollars only to drop even more in a few hours/the following day)
Good volume, nice bid support showing up quite rapidly. I think this might go $475 at the minimum
986.
Post 6826360 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
Are you guys seeing this? What the hell is going on?
Volume, brotha! PRECIOUS VOLUME!!
987.
Post 6826927 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
Did it died?!
988.
Post 6843560 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
This could explain the unusual 3-7$ spread that i noticed during the trades in the last hours.
See my edit. The stats are not accurate.
PRE RALLY / PEAK RALLY / POST RALLY
BID SUM: 11.4m / 10.0m / 10.9m
ASK SUM: 18.9k / 14.1k / 16.6k
989.
Post 6845483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
COME ON BSTAMP! BREAK $500.. CHINA WANTS CONFIRMATIONNNN
990.
Post 6846306 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
It must be time, all the usual trolls out on the prowl. TTM & CCMFs.
I know this is repost, I don't care either.That's a cool ass image.
Yeah it is- reminds me of this for some reason:
https://www.youtube.com/watch?v=BQ9YtJC-Kd8
991.
Post 6847394 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
Hmm, appears to be a 130~ mini-wall at 498 Stamp trying to push this thing up. I wonder if anyone will follow this time. volume really died down! I am not so sure about that trip to the moon just yet
it will probably market order in to the $500 "wall"
edit: nvm it got sold in to xD
992.
Post 6847571 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
this time, it's launching from 450
my question to you is, when are you selling?
I have a resolution of not selling any below 2000.
I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.
I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.
The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.
$675?? Too early? That was an excellent point to start selling. Lets be real, a bad point would be $125
993.
Post 6859003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
I sure hope the next jump is coming soon; looks like it could be in the next hour or so
994.
Post 6866070 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.45h):
You cant stop like this mini-rally!! GOGOOGOGO
995.
Post 6882613 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Huobi seems to be the only market with a surplus of money... hopefully they have enough to keep this rally going.
996.
Post 6884129 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Certainly a few are getting twitchy, but nothing huge yet... I feel like this is a critical moment :OO
997.
Post 6884305 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Wall pulled!
Looks like people are regretting not buying in to it already..
998.
Post 6884347 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Wall pulled people, quit getting so excited.
Huobi is totally lagging behind here haha
999.
Post 6884703 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
So, does anyone know who decided to buy: China, or the West?
it must have been China, we would be at 50$ without anyway
I think its china. Fiatleak is going apeshit. Its been like 23 min and already 4100+ and counting is moving on there. (I know fiatleak is mainly bs since no fees so can look a certain way)
usually its 500-1200 per hour (on an average day)
No, fiatleak is BS because its just trade volume (right?)
1000.
Post 6885212 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
oh look a wall!
Dummies should have bought it while it was at $530
1001.
Post 6885280 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
CHINA DUMP!! PANIC!!
Really though, sell..
1002.
Post 6885415 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
It looks like someone might be splitting a wall 50/50 Bitfinex and Bitstamp. Same thing for the 530 wall.
The orderbooks are partially shared AFAIK.
1003.
Post 6885646 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Too much optimism. This is a bad sign
No retracement?
Oh --- off. You were crying down yesterday; now its up and back down to where it was and you're saying "BAD SIGN
" as if you arent totally biased.
This is it. I'm shorting. The peak follows a logarithmic trend with the other peaks
GET REK'T
He shorted May 20 <$500
1004.
Post 6885864 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Someone is trying really hard to stop the price from climbing, I mean a 1400BTC sell wall, why would you sell at $550 when there's a rally going on?
It's a good exit strategy. Not sure how long this rally will last. He's not trying to catch the peak
He doesn't want to sell at $550, he wants to buy all the coins other people put below his wall.
I'm not even watching the chart. Did he actually sell his 1400 coins? Or he just put the wall up, let me check
He sold ~250, the remaining ~1400 was pulled.
I do agree its a good exit strategy, but if his intent was to exit safely I dont see why they would have pulled the wall at $530.
1005.
Post 6886020 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Now the sell wall at 550 is 2551BTC, that's 1.4 million dollars, come on...
Its
BTC1,616 exactly on Bitstamp
1006.
Post 6886795 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Exchanges have suddenly gone dead quiet..
minidump on Bitstamp reminded everyone just how shallow the depth is..
1007.
Post 6904650 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Not looking good :/
1008.
Post 6915541 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Whales making walls, whales breaking walls. I'm out of words!
You think these are whales??
Remember, remember, the 25th of.. June. >
BTC90,000 traded in <4 hours.
https://bitcointalk.org/index.php?topic=178336.19200
1009.
Post 6917754 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Price was much lower then, so raw coin value will maybe never be this high again.
Still, we're seeing 10k coin volume on a good day right now, but in early '14 we saw 70k on the highest volume day. I'd like to see that kind of volume again eventually.
I know, but its still some amazing volume....
90k @ ~$110 ~= $10mUSD in 4 hours
30 day average bstamp value is
BTC10,000 *~475 = 4.75m in a day
1010.
Post 6922459 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Money is finally hitting the exchanges. This could get nuts..
1011.
Post 6923169 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
Money is finally hitting the exchanges. This could get nuts..
Money hitting exchanges on weekend? And on 5k volume?
Yes, I dont think money would be hitting exchanges on Saturday/Sunday, and it is not huge volume either. Seems like people on the sidelines getting ancy.... could still see a rally but I think this is pretty big resistance right here....
Yep, sorry, didnt mean to assert that as fact or insider info
I was just going by my observations and clearly I forgot Sat/Sun should not have new money (unless stamp is delaying it somewhere)
1012.
Post 6923417 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
551 at bitfinex. Hodl till the moon!
fi' fitty fi' point fi'.
LOL
China fallin behind here.
1013.
Post 6923475 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
BFX is the leader here -- this is abnormal, right???
This has got to retrace to $550, MAXIMUM (minimum)
Nuts.-- ok this is ridiculous... is there news? or just... incredible panic buying on us markets? China doesnt know what its following and appears to be hesitating at this point LMAO
1014.
Post 6923582 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.46h):
I think that sit for today... then again, all the action seems to happen in the last hour (11PMCST -> 5CST) so its possible it pauses and resumes between the next 5hrs...
This has to retrace tho...
1015.
Post 6935932 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Amazing how people instantly panic and sell because someone puts up a wall.
They sell because they think others will sell, it's the meta
Also funny how quickly people panic buy when walls go down
1016.
Post 6935999 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I guess whoever is trying to suppress the price at the moment doesn't care about being obvious. These walls on Stamp and Finex are the most obvious fake walls I have ever seen.
Is someone hoping their deposit lands in an account before the next leg up?
I think they are just trying to get a more healthy slower uptrend out of this rally (instead of going straight vertical). Which is better. Since we just left the downtrend, some folks are prone to press the sell button. A slower healthier rise attracts more people, leaves more bears trapped, makes everyone think twice about selling to rebuy cheaper.
Someone sacrificing their profits for the greater good? C'mon.
Wall just doubled in size to 3k Looks like bitcoinity glitch (surprise surprise)
1017.
Post 6936570 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
1018.
Post 6936728 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Am i the only one who finds the accent on this kinda fishy? The whole blog tries to come out as just collection of objective facts, and here he just draws a conclusion about future of the btc price. Kinda weird.
If his facts are facts, then his conclusions are obviously also logical.
Another explanation for the Willy robot is that it was doing arbitrage with China. Namely, buying cheap coins at MtGOX and sending them to a partner in China, who sold them there (presumably at BTC-China) for a higher price.
Indeed, the report argues that Markus must have been the cause of the August rally because the price at MtGOX jumped up whenever Markus bought, and remained flat between his buys. But the price at BTC-China increased steadily through August. This suggestst that BTC-China was leading, and MtGOX was following, by discrete jumps, through Markus's arbitrage.
I have not looked carefully at Sep-Nov, but it seems that there too China (ultimately including Huobi and OKCoin, besides BTC-China) was leading, and Markus/Willy were following.
All that one-sided arbitrage would have required an awful amount (hundreds of millions?) of USD in the arbitrager's MtGOX account. Since Markus/Willy paid no fees, it may have been an insider, and it may have paid with non-existent money, as the report argues. In that case, perhaps Markus/Willy expected to get the money later from the Chinese partner; but the latter defaulted, or could not transfer the money due to the PBoC restrictions.
If you checked the totals, here is what the arbitrager had to have:
Total BTC bought: 268132.73433409
Total USD spent: $111,770,744.48
1019.
Post 6936914 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Am i the only one who finds the accent on this kinda fishy? The whole blog tries to come out as just collection of objective facts, and here he just draws a conclusion about future of the btc price. Kinda weird.
that price manipulation in the screen shot was when mtgox was going out of business so they wanted to hold the market up, right? this sounds like fear mongering to me...
Huh??? RTFA. The bot has spent $110 MILLION US DOLLARS buying >280,000 BITCOINS in the November bubble ALONE. There is evidence it was involved in every bitcoin bubble to date. If this is confirmed, its chilling. This is big news.
1020.
Post 6937406 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
So today is the official end of bubble day. And this is being declared on the basis of one posting on the internet. Quel dommage. Let's reevaluate at the end of the season.
If human psychology and herd instinct is such an important factor in market behaviour, it's quite possible that this pattern is now hard baked into the BTC cycle.
That willy report is ridiculous. I agree that the November runup could be attributed to some extent to the Willy bot and these fake buy orders, but the Feb-April runup in 2013?
He basically delivers no real evidence for that. The author of this report basically wishes that BTC will just stop bubbling.
Unfortunately, he will be disappointed to see that bubbles are most often caused by mass psychology, e.g sheep panic buying. We haven't seen that last bubbles!
Oh, and what a convenient timing to release that report, after BTC gained like 30% value in a matter of a few days. Nice.
Also, lmao @ "some extent" more like 90%+ of the rise was fake bot money.
1021.
Post 6937493 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
So today is the official end of bubble day. And this is being declared on the basis of one posting on the internet. Quel dommage. Let's reevaluate at the end of the season.
If human psychology and herd instinct is such an important factor in market behaviour, it's quite possible that this pattern is now hard baked into the BTC cycle.
That willy report is ridiculous. I agree that the November runup could be attributed to some extent to the Willy bot and these fake buy orders, but the Feb-April runup in 2013?
He basically delivers no real evidence for that. The author of this report basically wishes that BTC will just stop bubbling.
Unfortunately, he will be disappointed to see that bubbles are most often caused by mass psychology, e.g sheep panic buying. We haven't seen that last bubbles!
Oh, and what a convenient timing to release that report, after BTC gained like 30% value in a matter of a few days. Nice.
Also, lmao @ "some extent" more like 90%+ of the rise was fake bot money.
Ok. You are officially an idiot.
Looks like you fear the truth
1022.
Post 6957360 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I think it should be interesting to see what happens in a few hours when China wakes up.
I sure hope its up
Asks have mostly leveled off on stamp but so have bids..
Still, the orderbooks look much more bearish than they did before.
1023.
Post 6960254 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I think its gonna get ugly this week
1024.
Post 6960327 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I think its gonna get ugly this week
Don't be so negative
Hmm, ok, maybe a flood of money will come in the next few days
1025.
Post 6960804 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
We can do this!...what if we can't do this?
Come on China, "The whole world is watching!"
The Chinese have it so easy, if they go up everyone follows... if US markets go up, China likes to twirl its hair for awhile and confuse people lol.
1026.
Post 6961152 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I also love that chart and hope for the best, but I want it NOW!!!
1027.
Post 6961876 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
As stands, it seems like $585 is the mark that we need to break through before we can even start thinking about $600
I dont follow..
BFX $587.9 (3hr high 590.3)
Bstamp: $585.6 (3hr high 587.5)
Huobi: $582.6 (3hr high 584.83)
1028.
Post 6961996 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
For those of you keeping score, Mmitech decided to pull out of our bet from yesterday. He asked me to prove I had ownership of the 20BTC by moving it to a wallet which I did. However, when I moved it back out of that wallet after confirming, he said that I had to keep it there for 7 months - the reason I didn't want to take the bet in the first place - and then he said he was cancelling the bet and wanted to anyway.
While I am disappointed that again bets on this forum are always cancelled for some reason or the other, I thought I'd pass on the information and let it go. No hard feelings.
What was the bet again? Something with LTC hitting $100? I would bet against that happening..
1029.
Post 6962191 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Price is looking very good as for a Tuesday
Another day with a rally I predict +%35 i next 12h.
35%? Thats a big move! I would be happy with a tenth of that!
Quick analysis yields that a big move up starting in the next 36hrs would fit the trend...
1030.
Post 6970363 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Dump wave2.. let's hope it's weak.
Ps why the dumps?bfx manipulation?
1031.
Post 6982975 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Bid is at $579.8 now haha, just about to eat that wall..
EDIT: And it grew to 324B
1032.
Post 6983011 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Its seriously better than TV when there is action... lol
1033.
Post 6983076 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Can someone help me understand the BFX vs Bitstamp orderbooks? They are clearly shared. But why are only certain bids/asks shared?
1034.
Post 6983280 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
Looks pretty tame... no momentum behind this. Someone just got sick of looking at that wall, impatient for $600+
Yup; but if China pushes up a bit then it might become a bit more interesting. Right now they arent doing much though
(But they do have a growing bidwall on 3600)
1035.
Post 6983885 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...
0.23BTC @ 1000$ won't even buy you 1 really good monitor. Why would you need 3 monitors to watch the price?
$230 = .23BTC = 1 Korean 27" 2560x1440 IPS monitor... ? (if you are lucky)
So you need it to be more like $4000.
1036.
Post 6984711 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.47h):
I smell $600
1037.
Post 7006147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
China dumping HARD.
1038.
Post 7018632 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
Asks on 600 just keep building
1039.
Post 7019769 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
wow!
Was that a buy or a sell of over 400 on Stamp? My computer was showing it red then it turned green. I am so confused.
The charts don't help lol. Going by the I'd guess fresh bidwall partly sold in to..
1040.
Post 7024107 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
I hope this is the start of a good rally..
Isnt Thursday historically the best day for gains? Or is that just Second Market?
1041.
Post 7029365 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
300 dump. Odd.
Yes, on Stamp. Strange move...?
Probably waited to see if it would rally with a fresh wall and realized nothing was happening :/
nomnomnom
1042.
Post 7044907 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
1043.
Post 7057480 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
And there is the 3th 522 wall, wonder how much this guy is going to sell
bitmaintech selling their btc to fiat
That explains the funny looking chart..
So the wall was eaten twice?
Might be the guy who kept placing and pulling a ~1700
BTC wall.. if so, this is the last of their coins.
1044.
Post 7059378 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
What number wall is this now lmao.
At least the 4th??
1045.
Post 7059655 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
If he has more coins ready and is smart he should stop putting up walls for a little while and slowly put them back again on the way up.
If he keeps adding these walls it might actually stop us from going up for a while and he will be forced to market sell or put a new wall up way lower.
My thought as well, people will become fearful of how endless his coin stash is.
1046.
Post 7061120 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.48h):
New wall any minute now...
(Eaten for the 4th time now)
1047.
Post 7061997 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.49h):
Huobi / OKcoin are above Bitfinex / Stamp ?!
..something´s coming
1048.
Post 7064454 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.49h):
Huobi just broke 4000
Completely smashed it. Shooting up to 4100.
There was no orders in orderbook from 4000 to 4100.
Few orders (<300) however China is usually a bit more careful and stops buying in top shallow depth instead of rocketing.
1049.
Post 7065318 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.49h):
Correction incoming? I'm off to bed, this part is no fun to watch
1050.
Post 7075842 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.49h):
Lol'd
Bid sum still a pathetic 12m but ask sum is just over10k
1051.
Post 7077588 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.49h):
That was cool!
Now I feel like another dump will come and surprise everyone
and the swap is back. he buys up 100k of swap; offers swap at high rates. closes what he borrowed after a few minutes.
Care to elaborate?
+1
1052.
Post 7077882 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.49h):
LMAO..
What a complete fucktard.
1053.
Post 7096380 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Funny how greedy people can be --
China is at $640 while Bstamp is pushing $665.. yet someone there opts to put a (tiny) bidwall up rather than just market order. I hope they end up paying $665 because of their greed
1054.
Post 7096411 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Funny how greedy people can be --
China is at $640 while Bstamp is pushing $665.. yet someone there opts to put a (tiny) bidwall up rather than just market order. I hope they end up paying $665 because of their greed
that doesn't make sense, wait by 'there' do you mean china??
Yes; they are already $30 below the going rate on Bitstamp, and their exchange has barely reacted to the current rally.. yet instead of just market ordering and enjoying their relatively cheap coins, they are greedy enough to put up a bidwall.
1055.
Post 7096444 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
BTC710 wall on BFX! *At market price
EDIT: 810 wall on BSTAMP (not bfx)
1056.
Post 7096526 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
holy crap what the hell is going on
huobi is pushing harder.. 4025 soon..
Huobi is at $644.. Bstamp/BFX ~$670.
Huobi is up ~$15
Bstamp is up ~30
WHY ARE YOU QUOTING HUOBIS PATHETIC RALLY!! ALL BOW DOWN TO BSTAMP!
OH SHIT PPL BE EATIN THAT WALl!!!
WALL PULLED!!!!! PANIC1111
1057.
Post 7098043 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
So I dont TA;
is this a
?
1058.
Post 7098671 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
1059.
Post 7099175 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
1060.
Post 7109193 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Still no money hitting bitstamp orderbook.. doesn't look so good to me. Huobi/Bfx are doing fairly well with bid/ask depth.
1061.
Post 7109393 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Still no money hitting bitstamp orderbook.. doesn't look so good to me. Huobi/Bfx are doing fairly well with bid/ask depth.
The bid on bitstamp is already healthier than 2 days ago when we hit 680 the first time
Yup. This leads me to believe that not much new money has come to bstamp yet, and that the rising price is from people buying and selling repeatedly.
However China seems to have gotten a bit more bullish so as long as they lead it's all good for now.
1062.
Post 7115288 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Why can't we just break $700 before it crashes again??? Why I ask?! Why?111!!1
Ps huobi orderbook extremely bearish. Crash to $600 imminent.
1063.
Post 7118283 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
U.S. Treasury
European Central Bank
Internal Revenue Service
U.S. Sec
National Security Agency
Seems all these agencies have freshly joined us on the forum at the same time. I note the coordinated approach, I look forward to some valuable posts.
Or are they / him picking up post counts elsewhere on other threads now?
I think we will see an increasing number of valuable posters, it's wonderful we now let people post immediately they join and have no glowing ignore button, makes it so much easier to make new friends.
The sarcasm is strong with this one
1064.
Post 7120129 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
reversing
Bouncing*
Dont say it reversed unless you see some huge ass bidwalls, or its been a sufficient duration of time. China always bounces.
1065.
Post 7120256 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
With this dump it is looking more and more like it did right before the massive run-up in November.
I guess this is a good sign then?
How exactly is this dump looking similar to pre-November run up?
there was massive bear traps on the way, i know, i fell in every single one.
Sorry to break it to you, but one of these is not alike.
This formation never occurred in April or November. I really doubt this rally will reach new highs.
My personal opinion: Its done.
1066.
Post 7120282 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Dump wave 2 incoming. Sell now.
1067.
Post 7120418 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Dump wave 2 incoming. Sell now.
We just had dump wave 2, idiot.
I'll get it right next time
Whale savior in China
1068.
Post 7120548 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
WOW BITSTAMP. RELAX.
Most manipulative dump I've ever seen.
1069.
Post 7120738 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Watching 6100 btc in shorts getting squeezed soon should be fun.
Can you expand on this? Were these opened during the 'flash crash'? AKA all of them are at big losses, or even massive if leveraged?
1070.
Post 7120872 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
I had a 620 buy order, it wasn't filled had to buy now at 637 -_-
Should have bid $620.10 or so. As long as you arent a whale this works. (If there was a massive wall there, then $622.10 or something along those lines gives you a much greater chance of being hit)
1071.
Post 7133302 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
I want so badly to put Jesus Christ on ignore, but I just can't bring myself to do it.
Do it, I might give you 30 pieces of silver...
Did shrooms ever buy all the bitcoins?
1072.
Post 7139590 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
gee whiz i hope i wake up in time to see us break 680.
I think we either break 700 off of this current holding pattern, or down to the middish 500's. I can not say into August ;p
Agreed. I dont see us breaking $700 though :/
1073.
Post 7139920 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.50h):
Unlike tulip-mania the supply is limited
And unlike Bitcoin, tulips die and need periodic replacing.
1074.
Post 7148078 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Anyone here actually think that the $670 and/or the $675 wall will be eaten?
1075.
Post 7150647 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
I have no faith in this rally but I sure hope that wall at $660 gets eaten so that manipulator can go cry
1076.
Post 7151664 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
This manipulator is getting on my nerves. His walls aren't even real.
Yup. But you have to wonder, when fake walls are used to suppress the price, might it be a good sign?
Tiny wall @ 655 eaten. Thats
BTC100 out of the
BTC2500
1077.
Post 7152811 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Fake wall is back...
Srs guy, if you had just left it at $670 people might have had some "fear" that it was real, but when you follow market price +5 but less than +10 to the nearest 5, ITS OBVIOUSLY FAKE.
1078.
Post 7153851 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Someone just removed a huge sell wall at 665$, let's see if this will take the price to 670$ (1650 btc to break through it)
This wall has moved from $670, to split between $670 and $675, to all on $660, to $665, and is currently gone.
1079.
Post 7158120 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
So does a steeper incline mean more bids/asks?
Is this image bullish because it shows huge support or bearish because it shows huge resistance? I am used to level 2 bid/ask with stock trading just never seen a bid depth like the one posted...
You have to take the image in context. It's a bit steep on the asks at the moment. If the price has just moved, that can mean different things. At the moment, it just means there's some resistance. But many bids get moved so it doesn't necessarily mean much overall.
It's fairly boring when things are static but when things start moving, you get to see a bit of the battle that's being played out. Bidwalls being eaten for breakfast, struggles, dumps, upsets, blood, sweat, tears, urine...
When both sides deepen as they have recently, it usually means there's a fight brewing.
Yes, when on the move, the side with the steeper wall tends to be the direction of movement.
Other way around. Even moving, it is generally towards the side with a steeper incline. (More asks/bids)
Edit: looks like that was what you said..maybe? Disregard then
1080.
Post 7158209 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
So does a steeper incline mean more bids/asks?
Is this image bullish because it shows huge support or bearish because it shows huge resistance? I am used to level 2 bid/ask with stock trading just never seen a bid depth like the one posted...
You have to take the image in context. It's a bit steep on the asks at the moment. If the price has just moved, that can mean different things. At the moment, it just means there's some resistance. But many bids get moved so it doesn't necessarily mean much overall.
It's fairly boring when things are static but when things start moving, you get to see a bit of the battle that's being played out. Bidwalls being eaten for breakfast, struggles, dumps, upsets, blood, sweat, tears, urine...
When both sides deepen as they have recently, it usually means there's a fight brewing.
Yes, when on the move, the side with the steeper wall tends to be the direction of movement.
Other way around. Even moving, it is generally towards the side with a steeper incline. (More asks/bids)
Edit: looks like that was what you said..maybe? Disregard then
Yes, thank you for restating it. Price tends to move toward the steeper wall as it takes time for the orders to fill in behind the movement.
Right, sorry - misread your post initially.
1081.
Post 7159722 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
We stagnated in the 570-580 range for 5 long days. Soon we'll break
700.
Crash to $300
1082.
Post 7175336 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
The fight is on with low-medium volume!!!
1083.
Post 7176291 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
I can't wait till someone buys that 655 1k wall
munch munch
haha! I hope this guy had no intent to sell and wakes up crying at his loss of 1.1k bitcoin
(Well, ~350ATM)
1084.
Post 7187042 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Small rally incoming, me thinks.
1085.
Post 7187150 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Small rally incoming, me thinks.
Why hunnypon ?
Just a quick analysis. I only post it to see if I was right later. (and why not share it?! HUH?!)
1086.
Post 7206035 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
cex.io now has 40% of the network.... pretty impressive, a ways away from the 51% but? lol
Wow, it was at 48%! Thats scary.
1087.
Post 7207259 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
So depending on the chart the TA-traders are using, we should see some major action from 24hrs-72hrs from now?
1088.
Post 7243582 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Da fuq is up with stamp lately? Its crazy bearish while the other exchanges are fairly neutral.. I cant believe Huobi hasnt tanked yet.
1089.
Post 7243650 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
BTC-E is higher than stamp!
Good time to buy if you're using stamp....
More like panic...
1090.
Post 7243815 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
And down Huobi goes :/
Something is very... wrong.
1091.
Post 7243925 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.51h):
Im commenting on that something seems off at Bitstamp...
3d Bitstamp ->2%, Bfx -<1%, Huobi -<0.5%
Every time the other exchanges rally, there is nothing going on at Bitstamp.. which results in this.
1092.
Post 7259856 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Yeah Bitfinex might be a better choice than BTC-E, a very legit operation.
But for the time being I think anything is better than stamp.
The bitstamp/bitfinex spread is getting huge. Very strange.
FFS!!
I'll try to answer here: we used to include Bitstamp orderbook into our own orderbook for liquidity purpose. In other words, we were arbitraging between our own platform and Bitstamp. However as we continue to grow we decided to slowly (and I insist on "slowly" withdraw this arbitraging program to let people do the arbitraging themselves. This is why you started to see a difference between the price on our platform and Bitstamp, as arbitraging for third parties is interesting only after a certain threshold (around 1% like now is not a very good opportunities). http://www.reddit.com/r/BitcoinMarkets/comments/27vq6b/why_the_large_difference_between_bitstamp_and/ci533wgAh, so this is the end of the mixed orderbooks with BFX/Stamp. Still doesnt explain why Stamp is crashing and the other exchanges are just following out of confusion.
1093.
Post 7277321 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
lmao @ bfx
PS. GG Rally. No Willy bot -> No sustainable high rate of growth
1094.
Post 7277492 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
This slow and steady decline is very different from the typical flash crash.
No money to support the price increase. It was just people buying because they thought another bubble was coming. That didnt happen
1095.
Post 7277549 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
red alert!
bitcoin is going down bellow 300 in a matter of days
THERE IS ALMOST NO MORE BUYERS AT THIS PRICE LEVEL
SELL EVERYTHING
NOW!!!!!!
Sub 600 is now a certainty. This can mean only one thing: Below $266
1096.
Post 7277628 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Bid/Ask ratio now well below pre-rally levels. This is the end!!*
*The beginning of
1097.
Post 7277687 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
The China premium is back. $20
It wont last. Just like before when BFX/China were $15-25 above Bitstamp, they will follow. (And this will in turn trigger another dip across all exchanges)
Its very bad for one major exchange to fall behind like this.
I have to say though, it is nice to see some energy in the buyers for once. Walls are getting eaten, but new ones rebuilt very quickly (only to get eaten again)
1098.
Post 7277737 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
my simple mind question:
If we all see the price in free fall, who buys on the way down?
Why not cancel all buy orders and wait for a better moment, because right now every minute you wait more is more btc for your buck.
very complicated...
A lot of people believe the moon is coming, and another bunch believe its going to crash a lot lower. Simple. Those buying now obviously believe they are buying near the bottom.
1099.
Post 7278182 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
What are your thoughts on the public note in this wallet? Looking to buy cheap coins? Real deal?
https://blockchain.info/address/1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55Public Note: Because I care about Bitcoin's integrity, I will release funds onto an exchange EXACTLY 1 Week from now. 6/19/2014 at 1:30 PM (PST). This is your fair warning.
Final Balance 29,658.79870152 BTC
That note isnt even by the person who made the wallet. Its just some random guy trying to scare people.
1100.
Post 7278340 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
bids on 572
Considering moving them down...
What do you think?
How do you see the bid/sell walls? order book, bitcoinity or bitfinex?
or bitcoinwisdom or btccharts
I personally use Bitcoinity for just watching the price and BTCcharts for more serious "chart studies" lol
bids on 572
Considering moving them down...
What do you think?
How do you see the bid/sell walls? order book, bitcoinity or bitfinex?
I mean I have my bids on 572
Sounds about right if you are expecting to sell for a quick profit on a bounce, but for actual "entry" for long term hodling, then I would lower it. A lot.
already told u some days ago,
the one person on bitstamp wont stop dumping. insider trading, no1 knows whats going on
Because its totally one person, and not all the people who bought coins in the rally run-up
1101.
Post 7278717 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Only $660,000 to get back to $640.
$2,830,000 to get to $640 on Bitstamp
$ 660,000 BFX
$ 640,000 Huobi (Realistically much higher)
unknown BTC-E (~$600,000 again)
So in total about $5m to get to $640.
1102.
Post 7278879 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Big news. Definitely explains the drop.
1103.
Post 7278938 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Big news. Definitely explains the drop.
No, it doesn't
Your right. It totally doesnt explain the lack of buyers AT ALL. Because all of these guys with the money to move the market had no idea this was coming.
Big news. Definitely explains the drop.
This isn't bearish news lol. The coins will be sold at a premium.
This is just an excuse the market was waiting for.
Do we get to know the results of the auction? I presume not..
1104.
Post 7278998 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Big news. Definitely explains the drop.
No, it doesn't
Your right. It totally doesnt explain the lack of buyers AT ALL.
Because all of these guys with the money to move the market had no idea this was coming. 
Totally serious. Care to explain?
1105.
Post 7279027 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Big news. Definitely explains the drop.
No, it doesn't
Your right. It totally doesnt explain the lack of buyers AT ALL. Because all of these guys with the money to move the market had no idea this was coming.
Billionaires are getting a chance to buy a large portion of a mindblowing technology. You seriously think people will sell their fucking coins just so some rich fuck, that they don't even know, can get em a bit cheaper??
What does that have to do with what I said? Lack of buyers is not the same thing as abundance of sellers.
1106.
Post 7279095 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Big news. Definitely explains the drop.
No, it doesn't
Your right. It totally doesnt explain the lack of buyers AT ALL.
Because all of these guys with the money to move the market had no idea this was coming. Totally serious. Care to explain?
So you're quite serious to think that (insider) trading whales wouldn't possibly have (insider) advanced knowledge that the Silk Road coins were to hit an FBI auction the end of this month? That they might have been tipped off days ago that the news article was going to hit the web?
Ohh, haha, no, that bolded part WAS in fact sarcastic. I just thought it was so obvious that you were referring to something else. Sorry (And I'm serious)
1107.
Post 7280064 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Did anyone see -- was the moving wall (~1300BTC) eaten or removed? I sure hope it got eaten XD
1108.
Post 7280174 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Did anyone see -- was the moving wall (~1300BTC) eaten or removed? I sure hope it got eaten XD
Partly.
I got this low: 550.65
Already SODL
Cool, thx. Hope that manipulator has to buy back at a loss
My 620 order went through
Has anyone else bought?
I dont understand, you had a buy at $620? I guess I dont follow why you are excited about that, but good luck to you.
1109.
Post 7280278 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
That last 15min trading volume on stamp is to big... we ain't go down anymore.
BFX is super bullish, and Huobi/OKCoin are just confused (again)
Bitstamp still fairly bearish. They all appear to be follwing Bitstamp.. so I wouldnt be surprised to see some more dumps coming.
1110.
Post 7280430 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Anyone who knows whats up and has the money would eat those walls on stamp right now. This is clearly intending to induce panic.
1111.
Post 7280956 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.52h):
Okay, EXPE starts accepting Bitcoin. Nothing.
Some company offers to buy 30k BTC @ ~$530 and we drop? Makes sense.
Huh?
1112.
Post 7384642 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.53h):
Who is noticing the large BTC orders appear on the Bitfinex walls only for them to be consumed within a split second before any non-exchange insider traders can react to them!? As if to give an illusion of support as Bitcoin begins it's crumbly grind down to find support at lower price levels........"ooooh, maybe I shouldn't sell cos look at those big 150 BTC orders at 605!!?"
Bitfinex paint the tape, and fake volume, and everyone knows that they do. Not that it matters in the bigger picture. Bitstamp will decide what the market does.
Try saying that again.. in a way that makes sense, preferably.
1113.
Post 7471744 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.54h):
no i'm buying now.
Why buy now?
What happens if Bitcoin breaks below the longterm Jan 2013 support trendline on strong volume?
Also, you always seem to be buying. Never selling. Where do you get the fiat from?
I am still sad about that 500btc wall guy that drove Bitstamp down from 685. Somebody always spoils the party.
Get a grip.
You think somebody could drive down a market with a 500 BTC wall if that market wasn't already teetering on the edge anyhow?
True. Its like the MtGox lag and April. Yes, if it didnt lag, we would have gone a lot higher.. but also crashed harder.
1114.
Post 7472767 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.54h):
I heard some rumors when chinese convert a lot of btc to fiat, price get low. Is that possible to affect the price?
I... dont think I understand..
In order to "convert to fiat" you have to sell... this would very obviously reduce the price.
1115.
Post 7480427 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.54h):
Ghost lines are of one week ago. Price has barely dropped but the orderbook is notably worse.
1116.
Post 7497770 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.54h):
Sure hope the SR coins sell well..
1117.
Post 7500161 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
So guys, 27th June.. we learn that the coins sold well above market, we should see a price to $650+ within hours after confirmation? And, on the other side (well below market) we should see a drop to $545 or less within hours after confirmation.
But what about the case where we dont know the results? Down? Up? We all know this market never responds to nothing by doing nothing.
1118.
Post 7511877 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Love the frappuccinos.
LOL!
Its funny because at the end of the paper they provide a BTC address.
1119.
Post 7512268 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
If you thought the price is fallin because of the auction, then you are dead wrong, that was just my little adopted brother tryin to fool you!
MY OWN real work happened behind the scenes and will be released SOON with drastic effects!
Troll fail.
I think thats the goal (I hope, at least)
1120.
Post 7518337 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
I have officially made my offer for the B block of coins. Hope no one else remembered that it existed, only bid $REDACTED per HAHA
1121.
Post 7518376 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Right. You tied up $200K in deposits to make a $200/coin bid you know you'll never get. Get real.
I'm only bidding for what they will be crashing to by the end of the year.
Hope to sell for quick profit, otherwise I wait for my, err, target price.
1122.
Post 7518487 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
People go to auctions to buy things at discount. Not at narket price. Not above market price. Especially sealed bids where there is no rush to immediately beat the guy who just outbid you.
To be fair, buying 30k BTC is not possible at market price.. so bidding at market or slightly above IS a discount.
1123.
Post 7520429 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
That double bottom though
Eh, second bottom slightly lower than first. Plus this happens all the time and another dump puts us lower. Double bottom does not work with bitcoin. Double top usually does.
1124.
Post 7532563 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
I can't even own a pet.
So between you and monkey, who is the owner?
1125.
Post 7537860 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Bullfenix -> Dead
1126.
Post 7538050 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading???
1127.
Post 7538109 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading???
Yes they are. This move up from 575 started on Bitfinex. Absolutely. Check the time stamps.
Stamp is leading. Easy to see. Stamp was ahead of Bitfenix just a half hour ago and that is still with Bitfenix trending to be a few dollars above bitstamp..
1128.
Post 7538175 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading???
Yes they are. This move up from 575 started on Bitfinex. Absolutely. Check the time stamps.
Stamp is leading. Easy to see. Stamp was ahead of Bitfenix just a half hour ago and that is still with Bitfenix trending to be a few dollars above bitstamp..
Dude, seriously. You are absolutely wrong. Ive been watching every trade since 573.
Fenix aint leading shit
1129.
Post 7538199 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading???
Yes they are. This move up from 575 started on Bitfinex. Absolutely. Check the time stamps.
Stamp is leading. Easy to see. Stamp was ahead of Bitfenix just a half hour ago and that is still with Bitfenix trending to be a few dollars above bitstamp..
Dude, seriously. You are absolutely wrong. Ive been watching every trade since 573.
Fenix aint leading shit
Good lord, look at 17:00. Are you blind?
Good lord, look at 18:00. Good lord, look at 19:45.
No one is leading. Its just a rally led by people seeing the other exchanges rally.
1130.
Post 7538231 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading???
Yes they are. This move up from 575 started on Bitfinex. Absolutely. Check the time stamps.
Stamp is leading. Easy to see. Stamp was ahead of Bitfenix just a half hour ago and that is still with Bitfenix trending to be a few dollars above bitstamp..
Dude, seriously. You are absolutely wrong. Ive been watching every trade since 573.
Fenix aint leading shit
Good lord, look at 17:00. Are you blind?
Good lord, look at 18:00. Good lord, look at 19:45.
Look at 18:25 and look at 20:00. And LOOK at the fact that Bitfinex has been higher in price than Stamp this whole time.
It actually hasnt, that chart just doesnt update frequently enough. Stamp was ahead of BFX 40 mins ago.
And I agree this is pointless argument.
1131.
Post 7538251 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
If Huobi can eat that 3659 wall it should push a good bit higher but I dont see that happening.
1132.
Post 7554943 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Any chance for a wave of panic buys if $600 is passed (Short squeeze?? Is that the term?)
1133.
Post 7554980 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.55h):
Atrocious bid depth and bid sum @ stamp
1134.
Post 7564227 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
It seems a glitch to me.
...this "glitch" toggled all the SAR up to 1d!
Can anyone explain this? I don't understand..
1135.
Post 7564279 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
It seems a glitch to me.
...this "glitch" toggled all the SAR up to 1d!
Can anyone explain this? I don't understand..
Could've been a fat fingered typo.
I understand the trade was a glitch or whatever you want to call it.. I just don't understand what toggling1d sar means. I know it's a moving average
1136.
Post 7601588 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Hmm, 7k slope now and bitfinexs data on bitcoinity is acting rather strange. Any reason to suspect bitfinexs credibility?
I saw some odd chart behaviour earlier today as well. Figured it was just a glitch. This seems strange though.
This doesnt appear to be a glitch. Very odd. One party has added around 7,000BTC to the asks on Bitfenix. That makes that the highest ask sum on BFX for 6 weeks (Last time it was higher was second week of May)
And, the bid sum is at the lowest since it's been recorded (4mos)
Huobi is also very bearish right now with 3k asks already coming up since the spike. Bitstamp is the only exchange that is acting normal.
1137.
Post 7601844 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Hmm, 7k slope now and bitfinexs data on bitcoinity is acting rather strange. Any reason to suspect bitfinexs credibility?
I saw some odd chart behaviour earlier today as well. Figured it was just a glitch. This seems strange though.
This doesnt appear to be a glitch. Very odd. One party has added around 7,000BTC to the asks on Bitfenix. That makes that the highest ask sum on BFX for 6 weeks (Last time it was higher was second week of May)
And, the bid sum is at the lowest since it's been recorded (4mos)
Huobi is also very bearish right now with 3k asks already coming up since the spike. Bitstamp is the only exchange that is acting normal.
This wall was created by one whale and is nothing meaningfull - will be removed when we go higher. You need only 2k coins and margin to do that. Nothing spectacular.
If this is the case, shouldnt it be visible somewhere in BFX stats? Also it doesnt make much sense for it to be split up in 200 asks if its a margin thingamabob from my understanding.
1138.
Post 7602021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Hmm, 7k slope now and bitfinexs data on bitcoinity is acting rather strange. Any reason to suspect bitfinexs credibility?
I saw some odd chart behaviour earlier today as well. Figured it was just a glitch. This seems strange though.
This doesnt appear to be a glitch. Very odd. One party has added around 7,000BTC to the asks on Bitfenix. That makes that the highest ask sum on BFX for 6 weeks (Last time it was higher was second week of May)
And, the bid sum is at the lowest since it's been recorded (4mos)
Huobi is also very bearish right now with 3k asks already coming up since the spike. Bitstamp is the only exchange that is acting normal.
This wall was created by one whale and is nothing meaningfull - will be removed when we go higher. You need only 2k coins and margin to do that. Nothing spectacular.
If this is the case, shouldnt it be visible somewhere in BFX stats? Also it doesnt make much sense for it to be split up in 200 asks if its a margin thingamabob from my understanding.
What stats? Orderbook are stats. This whale previously had 3 large walls, then he created this artsy slope.
Doesnt BFX have stats on margin calls, etc?
Also, no, it did not have 3 large walls previously. This 7k is all "fresh"
EDIT: "wall" pulled
1139.
Post 7602189 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?
74.9998%
1140.
Post 7602255 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?
74.9998%
thats a very exact percentage? :L how did you come up with that?
Well, I took a piece of paper and rammed it real hard up my ass. Just as you asked, I noticed a tickle around my butt. Sure thing, the answer was out. However, that was for $635. $650 is only 12.4106%.
1141.
Post 7603453 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Bitfenix guy is having fun again..
3k of bids flashing on and off, probably 5k asks (now in 3+ large walls rather than a slant)
1142.
Post 7606243 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Wow, Stamp is leading massively. Huobi is only $636.
1143.
Post 7606357 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
400 wall on bitfinex pulled or swallowed?
Eaten
1144.
Post 7606465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Glitch?
1145.
Post 7606578 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
The fact that the second market syndicate bidders which comprised smaller scale bidders who would be more likely looking for a discount than worried about "slippage" were all outbid confirms that the winning bids were at or above market value.
Source?
I was out from last 24 hours and wasn't able to connect to internet..! when I came back the first thing i checked it market as I was expecting some uptrend..! and I'm glad that happened..! we will go above 700$ by the end of this month thats what I predicted day before yesterday and things looking good for that as of now ..!
Its still June here buddy, are we talking about the same month?
1146.
Post 7606761 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Where are they getting 30,000 from? They bid 46,000BTC for an average price of $416..
1147.
Post 7606864 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Again, where is 30,000 coming from? They had 48,013 BTC of bids..
So, they had 16 bids.. (48,000 for 30,000 bitcoin)
I guess what matters here is wether or not the 20M includes the obvious 18,000 that didnt win (0% chance for them to win, before results were out). I dont see why it WOULDNT include that.
So, $20,000,000/48,000 = $416.67
1148.
Post 7607040 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Huobi gon' blow.
NEXT LEG UP!!
1149.
Post 7607450 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Crash O' Clock!
1150.
Post 7607862 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
I am not touching any long or short button the next 12 hours. lol
Look, I dont want to push you in to doing the wrong thing, but..
SHORTSHORTSHORT
Whats so funny?? CALLED IT.
1151.
Post 7610190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
okcoin eating 4k wall.
4k wall??
Regardless this rally is impressive!
1152.
Post 7610272 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
okcoin eating 4k wall.
4k wall??
Regardless this rally is impressive!
the wall at 4.000 CNY
Oh. Interpreted that as a 4,000
BTC WALL, not a wall at 4,000CNY
1153.
Post 7610609 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Again, where is 30,000 coming from? They had 48,013 BTC of bids..
So, they had 16 bids.. (48,000 for 30,000 bitcoin)
I guess what matters here is wether or not the 20M includes the obvious 18,000 that didnt win (0% chance for them to win, before results were out). I dont see why it WOULDNT include that.
So, $20,000,000/48,000 = $416.67
The syndicate got 186 small bids totalling 48,000 BTC. As you say, it would be silly to submit all of them to the USMS, so SecondMarket must have picked the ones with largest bid price, totalling the 29'600 BTC, and assembled from them a set of bids for the 9+1 lots on auction.
Is the 20 M$ figure real information? From the comments following Alan Silbert's tweet, I understood that it was only his estimate, or at least he did not clearly admit that it was real. Have there been any explicit leaks or claims by any bidders about the bid prices?
Not that I know of. I was just treating the rumors we had as fact
1154.
Post 7610737 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Im getting 1080p, try again.
1155.
Post 7612508 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
CHOOCHOO!!!
1156.
Post 7620714 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
This multi day rally :I
1157.
Post 7626889 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Something happen?
The 30k coins were sent to 1 winner. So now everybody totally completely fucking panics.
This is crazy. I bet this guy got them for <$675. Public auction would have sold a lot higher, I think.
Now, selling news? Not really. But its still somewhat disturbing, depending on what they went for ($800? Awesome, $700? Not so good)
1158.
Post 7627130 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
And there is the sell wall. Which appears after every dump lately.
Edit: was removed right away.
It was touched twice already, I think LOL.
Why dont people who realized their stupid mistake buy it? Its like a slippage free way back in..
1159.
Post 7627247 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
One buyer is very bullish. It means the sale price was likely higher than most anticipated.
It means only that one buyer with deep pockets was less greedy than all the others. They may all have bid at 475$, and he bid 460$
Its definitely possible, and that would be terrible news, but I think it should have sold for $675 minimum. For someone buying all 30k, that is major savings.
1160.
Post 7629175 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
What the fuck is going on with LTC on btc-e?
It appears that the number on the chart has decreased dramatically in just a few bars, what could trigger this?!
https://www.youtube.com/watch?v=8wHMaJ6AtNs
1161.
Post 7629468 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
236,000 LTC dump? Holy fuck.
1162.
Post 7629586 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
i wish a knew Chinese to read their chat when they saw that btc-e dump
Forums? Where? I tried to check what people were saying period but LTC talk is dead
1163.
Post 7629649 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
i wish a knew Chinese to read their chat when they saw that btc-e dump
Forums? Where? I tried to check what people were saying period but LTC talk is dead
They have their own trollbox @btc-e
Did anyone notice that LTC/BTC skyrocketed while LTC/USD tanked (and by a much larger factor?)
wtfff
1164.
Post 7629837 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Are we sure it was a dump? I doubt anyone would dump it down to 2$, he could slowly sell it for much more. It was probably margin call, just like that guy who lost 2 millions being margin called to 0.01$ on Finex few months ago when it was 15$. I remember catching few hundreds back then for 7$ and selling for 10$ minutes later.
Help me understand the difference. No matter what, some people were getting LTC for $2.1212, $3, $5..
And, if someone.. "margin call".. did they.. I dont. What? Why would anything trigger this?
1165.
Post 7629889 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.56h):
Are we sure it was a dump? I doubt anyone would dump it down to 2$, he could slowly sell it for much more. It was probably margin call, just like that guy who lost 2 millions being margin called to 0.01$ on Finex few months ago when it was 15$. I remember catching few hundreds back then for 7$ and selling for 10$ minutes later.
Help me understand the difference. No matter what, some people were getting LTC for $2.1212, $3, $5..
And, if someone.. "margin call".. did they.. I dont. What? Why would anything trigger this?
If you buy things with loaned money and the price drops sufficiently the loaner will sell it of for you (at your expense) as to not run any risk itself (because the price of the collateral dropped too much).
So basically someone got fcked over by their loaner? Why wouldnt the loaner try to get top dollar rather than market price dumping?
1166.
Post 7630411 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Dumps are getting harder..
1167.
Post 7641360 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
We're again flirting with this level but will we be able to break through resistance this time.........
I think so too.
1168.
Post 7641874 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
>800 next week I guarantee it, not kidding.
Do I get 1,000,000 Satoshis if you are wrong?
1169.
Post 7645877 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
1170.
Post 7645908 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Why would that make you dump?
Havent a clue, but it seems to be the reason, does it not?
1171.
Post 7646164 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Ok could you summarize as I can't get any of this fucked up press release. The might have $20-$25M to spend but they are a bunch of amateurs if this is the way they do a press release, seriously.
He keeps talking about how secure and revolutionary bitcoin is. Him and his crew seem uncomfortable and not totally knowledgeable about how bitcoin works.
They were talking about how it was secure and said they were told not to talk about it (
)
1172.
Post 7646179 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Told not to talk about the security, if I understood correctly, by whom I do not know.
1173.
Post 7647221 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Even though they refused to give the price, they did say, very carefully, they OFFERED MORE THAN ANY OTHER BIDDER. That is significant as it means there was no favoritism in the auction, for any reason.
However, its likely that they only payed ~$700.
1174.
Post 7648985 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
The price it´s stable and preparing to go above 700 in the next days.
I so want it to i just don't see it happening. So much resistance. People dump on any news. Good news does nothing. It's gonna be hard.
NO, UP!! Its all we will do.
Tonight we touch $660, tomorrow $10000..
1175.
Post 7649033 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
I think to some extent a panic sell is the only way to pick up a large amount of coins as there aren't too many walls.
6000 coins with just $50 slippage on bitstamp alone. Doesnt seem bad at all.
1176.
Post 7650536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Interesting post from Mining Spec forum.
When calculated in the OP over the time period from March 14, 2013 to March 13, 2014 the average increase in the difficulty and hash rate was
23.92% per adjustment period and the average length of each adjustment period was
11.38 days.
Recalculating over the period June 29, 2013 to June 29, 2014 it is
23.45% and
11.41 days.
Assuming the network growth rate over the next year is the same as it was this last year we get:
Hash Rate Power Energy Cost Cost
Date Difficulty TH/s MW MWh $/Period $/BTC
--------- ------------------ ----------- ------- ---------- -------------- ----------
10-Jul-14 20,762,587,053 148,627 149 40,687 $4,068,655 $80.73
21-Jul-14 25,631,656,286 183,481 183 50,228 $5,022,802 $99.66
02-Aug-14 31,642,579,140 226,510 227 62,007 $6,200,707 $123.03
13-Aug-14 39,063,133,629 279,629 280 76,548 $7,654,846 $151.88
25-Aug-14 48,223,894,840 345,205 345 94,500 $9,449,997 $187.50
05-Sep-14 59,532,961,579 426,160 426 116,661 $11,666,131 $231.47
16-Sep-14 73,494,136,594 526,100 526 144,020 $14,401,975 $285.75
28-Sep-14 90,729,370,258 649,476 649 177,794 $17,779,407 $352.77
09-Oct-14 112,006,467,575 801,786 802 219,489 $21,948,885 $435.49
21-Oct-14 138,273,292,794 989,814 990 270,962 $27,096,155 $537.62
01-Nov-14 170,699,995,402 1,221,937 1,222 334,505 $33,450,520 $663.70
12-Nov-14 210,731,138,613 1,508,495 1,508 412,951 $41,295,058 $819.35
24-Nov-14 260,150,052,591 1,862,255 1,862 509,792 $50,979,231 $1,011.49
05-Dec-14 321,158,279,258 2,298,976 2,299 629,345 $62,934,457 $1,248.70
17-Dec-14 396,473,647,839 2,838,112 2,838 776,933 $77,693,322 $1,541.53
28-Dec-14 489,451,350,262 3,503,683 3,504 959,133 $95,913,314 $1,903.04
08-Jan-15 604,233,410,162 4,325,337 4,325 1,184,061 $118,406,107 $2,349.33
20-Jan-15 745,933,204,108 5,339,679 5,340 1,461,737 $146,173,722 $2,900.27
31-Jan-15 920,863,255,215 6,591,897 6,592 1,804,532 $180,453,167 $3,580.42
12-Feb-15 1,136,816,447,014 8,137,773 8,138 2,227,715 $222,771,543 $4,420.07
23-Feb-15 1,403,413,185,274 10,046,176 10,046 2,750,141 $275,014,073 $5,456.63
06-Mar-15 1,732,529,973,307 12,402,122 12,402 3,395,081 $339,508,086 $6,736.27
18-Mar-15 2,138,828,493,208 15,310,564 15,311 4,191,267 $419,126,699 $8,316.01
29-Mar-15 2,640,408,762,814 18,901,071 18,901 5,174,168 $517,416,806 $10,266.21
10-Apr-15 3,259,615,465,609 23,333,592 23,334 6,387,571 $638,757,092 $12,673.75
21-Apr-15 4,024,033,374,406 28,805,592 28,806 7,885,531 $788,553,093 $15,645.89
02-May-15 4,967,716,213,515 35,560,840 35,561 9,734,780 $973,478,006 $19,315.04
14-May-15 6,132,703,703,449 43,900,273 43,900 12,017,700 $1,201,769,972 $23,844.64
25-May-15 7,570,894,370,329 54,195,400 54,195 14,835,991 $1,483,599,070 $29,436.49
06-Jun-15 9,346,357,550,986 66,904,854 66,905 18,315,204 $1,831,520,385 $36,339.69
17-Jun-15 11,538,187,590,255 82,594,824 82,595 22,610,333 $2,261,033,313 $44,861.77
29-Jun-15 14,244,027,380,899 101,964,275 101,964 27,912,720 $2,791,272,041 $55,382.38
In other words something has got to give by the end of the year, or actually before November 1Hashrate bubble!! Its unsustainable!11!!11
1177.
Post 7650785 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
He gave up on trying to go to the moon, so hes bringing the moon to him? Hmm.. I think I see where this is headed.
btw when I wake up it better be fckin >$660, or things will happen!
1178.
Post 7660936 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Breakout incoming in 3...2...1...
1179.
Post 7663945 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Resistance to 700 keeps getting bigger
The stronger the resistance, the more powerful the breakout
Yes, the wrong way i'm afraid.
The resistance actually isnt growing significantly
1180.
Post 7664966 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Resistance to 700 keeps getting bigger
The stronger the resistance, the more powerful the breakout
Yes, the wrong way i'm afraid.
The resistance actually isnt growing significantly
He is probably talking about BTC-E, and he seems to be right. Actually ShroomsKit made many observations that uber-bulls ignore.
BTC-e has a history of being below the market. They are more a market leader for LTC.
Yep. Compared to about a month ago, at the same price level,
Bitstamp is a bit more bullish (10% higher bidsum, 5% lower ask sum)
Bitfenix is much more bearish (50% lower bidsum, 10% lower ask sum)
BTC-E is unimportant and inaccurate, but the bid sum is a bit higher..
Huobi is more bullish (50% higher bidsum, 5% higher ask sum) <--- could be inaccurate, but I am unsure
1181.
Post 7666117 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
This bot or guy has been toying with those bids and asks for hours now.. wtf lol
1182.
Post 7666854 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
All these small buyers might trigger something bigger (I hope!)
Go Bitstamp, full speed ahead!
1183.
Post 7667617 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Funny btw how nobody cares anymore about the biggest event this year that completely controlled the market for 2 weeks: the price of the sold coins.
100's of posts. It was the most important thing ever. It was the only thing people talked about.
3 days later and nobody gives a shit anymore.
Unfortunately nothing can be done. Unless the losing bidders came out with their bids, we cant have any idea.
I really cant see it being anything other than $700 or $1000 though, with my money on $700..
1184.
Post 7695911 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
I was impressed with the consistent volume with small-ish buy orders and how much it actually went up.
My guess is its a bot splitting up a larger market order in to tinier pieces. This does not look natural at all.
1185.
Post 7717551 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
China say, "BEAR TRAP LOL
"
1186.
Post 7717893 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Stamp just broke $620
1187.
Post 7718232 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
These bears are weak. Come on, you broke $620. Now crash to $610 and get it over with..
1188.
Post 7718461 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
Huobi just triple bottomed at 3822.. wow. Dickheads, sell all your coins. Its over!!!! PANIC!!! HACKERS, CHINA, TERRORISM, BAN!!!
1189.
Post 7720427 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
I dont think $600 falls today... without news, at least.
1190.
Post 7721043 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.57h):
China had a 25CNY slippage buy.. nice..
You rarely see such spikes on Huobi, since it has fairly good depth..
1191.
Post 7727910 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Solid buys, Huobi leading. Doesnt look quite over yet, might touch 3900..
1192.
Post 7728882 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
'nother push up coming in China?
1193.
Post 7746515 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
1194.
Post 7746571 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
there video is from may first this is recent news.
Oh... ok, cool
Explains the little spike on OKCoin/Huobi
1195.
Post 7746619 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Manipulative mini-dump on Bitstamp. ROFL, so predictable.
1196.
Post 7758334 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
That bitstamp bot asks have finally moved down to near current price.. (From something like $680 a few days ago)
Hope to see it get eaten.
1197.
Post 7762396 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Solid 350 and 450 market orders on Huobi.
1198.
Post 7819926 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Why does the ask wall on stamp dance around like that?
Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.
1199.
Post 7820096 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Why does the ask wall on stamp dance around like that?
Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.
Why do you see bots everywhere and blame bots of everything?
No human would be doing this as the same wall moves 24hrs a day for the last week+.
1200.
Post 7820224 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Why does the ask wall on stamp dance around like that?
Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.
Why do you see bots everywhere and blame bots of everything?
No human would be doing this as the same wall moves 24hrs a day for the last week+.
Why a single human? Some peope want it to go up, some down and some want to cash out every day. It's market of thousands+ persons involving every day.
It's the same set of coins.. every couple of minutes. 2 weeks ago the ask sum was a flat line that moved up or down as people added to the ask wall, or market orders ate some up. Now it goes up and down a couple hundred every few minutes, by about the same amount. It's a bot.
1201.
Post 7829622 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
More dumps in China, absolutely zero reaction on stamp yet
Apparently someone on OKCoin took that as bullish as, just minutes after hitting a daily low they push for a 3 hour high.. lol.
(3860->3836->3865)
1202.
Post 7831108 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
Honestly, this doesn't look good. Too much resistance in 600s.
No shit.
1203.
Post 7839679 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
The complete lack of asks on Huobi gives me a false sense of hope.. lol -- 642 coins to 3900
EDIT: Omg, 2 mins later.. its only 638. We got this boys. At this rate, it'll be up to 3900 in just 5 hours!!!~~~
1204.
Post 7844410 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
what happens on the 24th chartbuddy?
Doesnt some ETF actually launch on the 24th or sumfin?
1205.
Post 7844580 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.58h):
what happens on the 24th chartbuddy?
It's arguably the first day of the next 234 day bubble cycle. Also
mtgox is auctioning their bitcoins. There are a few other things happening around then also (Bitcoin conference is 19/20th)
No
1206.
Post 7868103 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.59h):
Huobi just loves to dump lately
1207.
Post 7888197 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.59h):
I have this eerie feeling we are on the verge of a breakout.
I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here.
Same feeling here.
But I have said this many times now
THIS TIME ITS DIFFERENT.
$635 within 24 hours?
1208.
Post 7894569 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.59h):
I have this eerie feeling we are on the verge of a breakout.
I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here.
Same feeling here.
But I have said this many times now
THIS TIME ITS DIFFERENT.
$635 within 24 hours?
downward breakout mate. dumpers are too strong.
1209.
Post 7919049 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_12.59h):
3 ~
BTC500 walls on Huobi now
First 2 were eaten. (They appeared at ~3840 then moved to ~3870, got eaten, then replaced at ~3840, moved to ~3870, got eaten.. repeat)
So, thats a good chunk of selling pressure gone on Huobi if we assume this is a single entity eating up lots of coins to hold* rather than sell for a 1% profit like most Chinese traders seem to do.
*2% gains likely. lol
EDIT: BOOM!!!!
ps i know this is USD observer, but really, if China goes nuts the US will follow. Not a single trade on stamp in 8 min now though.
1210.
Post 7980790 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
Huob's volume yesterday (Jul/22 UTC) was only 7.8 kBTC, the lowest on record since Nov/02.
The second-lowest volume in that interval was May/17 (9.3 kBTC), part of a three days' pause before the rise that took the price from ~450$ to ~650$.
At the same time, the price is extremely stable -- even though it is ~12:30 in China, the chart is as flat as it has ever been in the late night hours. And today's volume promises to be even lower than yesterday's.
This may be another "calm before the storm" like May 17-19.
Or it may be that Huobi is slowly dying, and its clients are perhaps moving to the new BitVC. One hint that it may be the case is that the volume has been shrinking gradually for a couple of weeks, whereas the May 17-19 "calm" was preceded by normal volume (~35 kBTC/day)
OKCoin seemed to be growing; but in periods of high volume Huobi still tended to top them. They also still have more depth. Now that Bitcoinity doesnt support OKCoin I dont know though. (That whole site seems to be turning in to ----)
1211.
Post 8003117 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
This sure looks wierd. Whoever started the dump from cca $620 can't get back in at the moment, as there are far less sell orders to take us back than the amount that's been dumped since then. Someone is going to get burned hard IMO.
Probably had their bids preplanned and placed already awaiting others to panic and sell into them.
Or they actually sold. You know, without the anticipation to buy lower?
1212.
Post 8003626 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
This recovery is pathetic. Market is totally out of buyers.
1213.
Post 8003787 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
This recovery is pathetic. Market is totally out of buyers.
come back later man, no one can see shit till the dust settles.
The buyers?! Are they here? It moved up a dollar and some cents. LETS GO!
1214.
Post 8004050 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
Am I having even worse problems with my depth graph now or are there only about 30 BTC to be bought until we rebound to 620? This is crazy... and not in the positive way. Why is no one buying?
despite the low depth there are still people dumping 10 - 20 coins at this price, so we hodl here for a while longer..
You must be using Bitcoinity. Its garbage now (OKCoin & Bitstamp are completely f'ed on both; but they disabled OKCoin for now)
There are 622 coins to $620
1215.
Post 8007755 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
OKCoin leading another dump, just about to push a new low there. Huobi/Bitstamp barely reacted yet.
1216.
Post 8009045 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
Anyone else notice the dozens of 0.501 buys on Bitfinex? Someone is moving us up in stealth mode.
Nothing significant yet, but interesting.
1217.
Post 8009933 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
rebound in progress? or ignition.. we shall see
There is no rebounds, just check 49 BTC on sell side for 603, it means people still seeing opportunities on selling side.
Oops, did I do that?
16:27:21
603 : 97.25
1218.
Post 8010297 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
inbe4 the TA experts claim they saw this coming. This is OBVIOUSLY the camel formation
1219.
Post 8028964 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
If you were the one that stole over 600 000 BTC from Mt.Gox - how fast and when would you try to "change" them for $US ?? But, be careful, don't dump everything at once, you wouldn't want to crash the price too much.
Someone must be doing it since January... Is he done yet? (Assuming that the hacker(s) were male(s))
Its absurd to think 600kbtc were already dumped on the market. It would take a lot longer for that to be absorbed. I'd say max 10k were sold. (IF ANY)
1220.
Post 8030363 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
If $590 goes its over...
EDIT: $590 wall was fake. Now not as important..
1221.
Post 8037179 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.00h):
Looks like the dumps are coming soon. Sell sell sell!!!
1222.
Post 8043576 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Crash to next level tomorrow?
1223.
Post 8043968 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
That buy on Stamp got my hopes up. Guess it was just a little fakeout. More down incoming?
I was also really happy to see that until I noticed that the bidwall was removed :/
BFX orderbook is looking a hell of a lot better than normal, but bitstamp looks like ass and overall it looks like more down is coming
1224.
Post 8059515 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
No buyers. Sub $500 likely.
1225.
Post 8059654 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Why is this sudden dump?
Apparently it started in China, several minutes before Bitstamp/Bitfinex.
The bitcoin press should be trying to understand and report on the situation in China. Are the Huobi and OKCoin.CN clients migrating to the new offshore sites BitVC and OKCoin.COM? Is BitVC going to trade in USD too, or only in CNY? (Or is that CNH?) Is OKCoin.COM going to be competitive to Bitstamp etc? And so on...
Reporting on bitcoin without looking at China is like reporting on casinos without considering Las Vegas...
Hm? Dump started on BFX
People selling because a rally isnt coming.
1. No more Willy bot.
2. No buyers
3. No more good news can come out. Bitcoin is mainstream now and still no one cares.
Its all waiting on ETF now.
1226.
Post 8060205 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Hm? Dump started on BFX
It seems to have started around 2:00 UTC on Huobi and OKCoin, and at about 2:12 on Bitfinex. At 2:12 the Chinese exchanges were already halfway through it.
I cannot prove that the late May pump and the recent dumps have Chinese causes, but at least there are some relevant events and vaguely possible explanations in that bucket, but none in the "Western thing" bucket.
There was a 400BTC sell on BFX @ 1:42
1227.
Post 8060294 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha
1228.
Post 8061917 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
7777 soon.
Lol that's the first post of page7777 right there.
1229.
Post 8061967 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
woah look at that million dollar buy wall on stamp
when the squeeze comes someone is gonna lose a lot of dough
I'm more interested in the $3m buywall on Huobi @ 3400
1230.
Post 8067471 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
And the bottom is in! $570.50
1231.
Post 8067940 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Big ass wall.
Nooooooooooooooo!!! 1k ask wall
Edit: what the fck
1232.
Post 8068021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
What just happened?
Not sure if actual question but:
Guy is flashing 1.3k ask wall @ 577ish; someone decides to market order to $580, then ask wall comes back..
1233.
Post 8068460 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
bitcoin.de had 2 big buys. 33 and 125 (which is a lot there) with 881€.
It's over 1000
seems like a bug.
It was a buy... it is on their site also
well then ...
na, its definitely a glitch (with the exchange). You can see there is 300btc of depth to 476€. The entire order was < 200btc. No way it got to 881€
1234.
Post 8068536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
not a glitch, see my explanation above. It's a marketplace, not an exchange
Ah! Missed that, sorry. What a lucky guy to get his ask taken!
1235.
Post 8068745 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
620 1540
615 1535
610 1341
605 1009
600 824
595 550
590 364
585 115
580 57
575 149
570 972
565 1669
560 4282
555 5116
550 6547
545 6752
For future reference. (Bitstamp bid/ask depth)
1236.
Post 8071652 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
3PM 6PM
620 1540 620 1316
615 1535 615 1163
610 1341 610 969
605 1009 605 596
600 824 600 358
595 550 595 123
590 364 590 27
585 115 585 -203
580 57 580 364
575 149 575 2721
570 972 570 3092
565 1669 565 3481
560 4282 560 4553
555 5116 555 5355
550 6547 550 5583
545 6752 545 7081
Bitstamp bid/ask depth
And the bottom is in! $570.50
Quoted for future reference! In ~ < 2h
1237.
Post 8071873 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Quickly! Warn inhabitants of low lying coastal areas...
LMAO, I wish I was good at editing stuff. Fiat tsunami! Hide yo' bitcoins, hide yo' wallets and hide yo' altcoins cuz they buyin everythin up here!
1238.
Post 8072459 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Wowah.... The singularity has kicked in and chartbuddy has just lost its shit...
.... is this....
bullish?
Chartbuddy has... become self aware.
1239.
Post 8077032 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Well, it is flat-lining the mining difficulty. So I think we have hit the equilibrium where bitcoin price=power to mine.
is that good, bad or indifferent?
Bad
1240.
Post 8077150 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Bitstamp bid/ask updated again
3PM 6PM 1AM
620 1540 620 1316 620 2377
615 1535 615 1163 615 1806
610 1341 610 969 610 1615
605 1009 605 596 605 985
600 824 600 358 600 796
595 550 595 123 595 196
590 364 590 27 590 34
585 115 585 -203 585 -35
580 57 580 364 580 902
575 149 575 2721 575 2845
570 972 570 3092 570 3118
565 1669 565 3481 565 3574
560 4282 560 4553 560 4663
555 5116 555 5355 555 5100
550 6547 550 5583 550 5207
545 6752 545 7081 545 7205
1241.
Post 8077908 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
other threads still think we are heading down, hahaha we are one step ahead!
I don't think we can go down very far. Looks like support above 7777 is holding.
As long as we don't dump our posts and HODL. 7777 support should hold
A crash to 7776 is imminent. Support dwindling
1242.
Post 8107482 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Getting awful close to the mega-wall on Huobi
1243.
Post 8108110 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.01h):
Hol-E Shit. Just a few hundred coins until Huobi touches the megawall. That wall.. determines everything. EVERYTHING!!!!!
Bidsum at record lows on bitstamp...
1244.
Post 8113026 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
we did it! price is stable!
Lol! The dumps have paused, we're in the clear! I'm seriously going to shit my pants if I wake up tomorrow and see that Huobi crushed 3400. 7k bids on just $8 of spread (3400-3450). This is the biggest fiat wall in Bitcoin's history!
1245.
Post 8113512 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
1W MACD is red. Everyone here should know what happens next.
BUY BUY BUY!!!
Does.. does it go purple? Do Satan's spawn come out of the ground and eat everyone who owns a satoshi? I dont understand!
1246.
Post 8120465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
That video. LOL
It is totally unrelated to BTC walls etc., but you may like the Museum of Techno "tutorial videos". They have done a whole series of them. Here is how you make a techno bassline:
https://www.youtube.com/watch?v=3OezymoIxZM Yeah, but it has
trains! And that's all that counts! Your video is pretty messed up as well. Love those people they've got a great sense of humor!
+1 I found both of those quite funny
1247.
Post 8120646 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
I hate when the rallies pause! I want up.. bubble-style.
1248.
Post 8121021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
Bears are looking weak. They are having to pull their ask walls in order to dump and keep price down where as the Bulls seem to have fiat even on the sidelines buying in. Once the Bears run dry of coins, whatever plan they had is doomed.
Suffering from bulltard blindness syndrome
Umm... Doesn't that drop of the red line mean the asks went down? And the rise of the green mean that the bids grew?
Edit: also, I was looking at the bids and asks live, not some chart that spans days lol
The red line dropped because coins were bought.. not that anything was "pulled to dump"
1249.
Post 8127331 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
Can you not do that? I try to keep Adblock off on sites that I like and people like you make that difficult. Ignored, regardless.
1250.
Post 8129447 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
Ask sum is less than 100 coins from 20k :O (2+1/2 month high)
1251.
Post 8136612 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
It doesn't look like we are in the clear yet to me..
1252.
Post 8145101 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
BTC is pumping towards $7000 :: now haters gonna hate! ;-)
So what was the highest purchase price for BTC and what quantity at that price?
^some whale fatfingered it to ATH ~ Big Wall Street money pouring in ...
What are you two talking about?
1253.
Post 8145317 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
That sounds like a ride the whole family can enjoy!
1254.
Post 8146152 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
Looking like that was just another trap
It seems that the last 3 times China has refused to follow a US rally, the price never continued up and instead dropped a few days later.
1255.
Post 8152369 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
Another failed rally. Forward march on to $300 continues.
1256.
Post 8158561 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
Combo breaking the chartbuddy ^_^
He needs friends always
Anyways consolidation day wonder if it will move over the weekend
It will; downwards.
1257.
Post 8159953 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
little dumping going on
Small gradual sells lead to individual medium sells which leads to panic sells. This boat is going nowhere but down unfortunately.
1258.
Post 8160842 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
So, has that 200m investment started yet? I want to see another bubble
Without good news, the exchanges are all preparing for a huge dive.
1259.
Post 8169003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
7m bidsum on bit stamp. Must be the lowest since around April last year?
1260.
Post 8175450 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.02h):
The bigger the wall the harder they fall!
Bad thing is the people putting up these wall know exactly how much money is on the exchange and as soon as their wall starts to get nibbled they take it down and run like little bitches. I wish someone would just market buy the whole damn thing. But seeing as that rarely happens makes me think the walls are extremely fake and only put there to keep the price low so they can buy OTC from miners on contract. Why the miners put up with being manipulated is beyond me.
I have a plan that if I ever win the lottery I will just market buy 30 million across exchanges when I see big walls just to fuck the manipulators over, slippage be damned.
Yeah, I'm bitter, so what?
BINGO. Someone with level head.
That market is being manipulated. Its even easy to see they sold to their own buy order.
I havent seen a single fake ask wall on Bitstamp or BFX in awhile. They exist on Huobi/OKcoin but the reverse is also really common there. The walls are real.
1261.
Post 8204773 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Impressive depth on Huobi
1262.
Post 8204958 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70
Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)
1263.
Post 8205071 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70
Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)
Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.
Right?
I dont think I understand what you're saying.
1264.
Post 8205280 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
I agree it can go either way, but those 5k bids are all on $2.60 of spread.. the 5k of asks are across $9.70
Plus there is an 8k bidwall on 3450-3400 (no idea what is beyond 3700)
Exactly. There's a big difference between having your bids dumped into and refilling them twice near spread, and setting asks $10 above spread.
Right?
I dont think I understand what you're saying.
1) Sellers dumped through 3600 bids. Bids refilled right near bid/ask spread (suggesting the bidder wants them filled)
2) Sellers dumped through 3600 bids again. Bids refilled again.
3) Ask walls placed 80-100 CNY above spread (suggesting the seller does not want them filled)
One side is very obviously accumulating. The other side may just be trying to manipulate price down. In fact, they may be one and the same party, if this bidder is serious about getting filled.
Ah, I thought you were saying the bids were just people trying to sell the coins for a 2% profit
1265.
Post 8206578 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Impressive depth on Huobi
You can say that again. With the liquidity on Huobi, there is no reason for me to look at any other exchange for analysis. Nobody can move the market if Huobo won't let them.
BTW, where is that screenshot from? At first, thought it was Bitcoinity, but...
Coinorama.net
Ask walls on huobi (totaling over 3k) removed
1266.
Post 8218765 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Sold into our pulled at the start of this chart? (The bids)
1267.
Post 8219921 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
BUY@580$ - SELL @ 582,49
REPEAT
MAX PROFIT!
Is that enough to cover fees?
1268.
Post 8233065 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
300btc bid @ 585.3
1269.
Post 8233192 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Once 550 gets into the 6k-8k bid depth, it will be a strong signal
Bid depth is still at a near all time low on bitstamp. It continues getting worse every week; and the asks continue to rise.
1270.
Post 8233250 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Someone ate our bidwall
1271.
Post 8233346 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Herp derp, where is the buying pressure guys? Clearly no one wants to buy at these prices
+1
1272.
Post 8234265 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Hopefully this is stabilizing & preparing to move up again. Dat $600 resistance tho.
1273.
Post 8241663 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Huobi breaks $605
$12 ahead of stamp
bitstamp about to break 600
Not even close to enough momentum on stamp for that unfortunately. Only like 1k reduction to the 600 wall by buying, another 2k pulled*. 2k left.
*Pulled back to ~$620
1274.
Post 8241700 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
nahh 2k+ coins wall up to there
I remember the days when we'd see 10k buys, one after the other.
A 2k wall seems so pathetic in comparison.
Biggest single volume ever was a 15k market sell.. at $95... only $1.5m USD
Biggest volume ever in a period of time was 24th June
Nearly 100k volume in ~3hrs
Today a 2500BTC market order would be equivalent. And of course, 15k was still absurd then, so 2500BTC should be today, too.
1275.
Post 8256561 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
monkey says down
Your monkey dun' broke. Definitely up!
Edit: Actually, I'm not that confident. But I think it should make another move up a few dollars at the minimum (even if its only to $595 again)
1276.
Post 8298218 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Oh man 3600 is so close to falling :O
1277.
Post 8298618 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Boom.
1278.
Post 8298810 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
This is nice to see. Finally continuing on to $300.
1279.
Post 8298846 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
This is nice to see. Finally continuing on to $300.
Oh get real. You know it'll never go that low
I know nothing! I only say what I think is going to happen. I've been saying $300 for a long time now.
1280.
Post 8298927 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
This is nice to see. Finally continuing on to $300.
Why the hell would that be nice?
It would be the worst thing ever for Bitcoin at this point.
Because its been floating around $580 yet there is nothing to support that.
1281.
Post 8298970 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
This is nice to see. Finally continuing on to $300.
Oh get real. You know it'll never go that low
I know nothing! I only say what I think is going to happen. I've been saying $300 for a long time now.
A few more weeks of dumps like this and I might agree with you. But after a week of day trader p&d playtime with noobs? Not likely.
Support in the 400s is far too strong.
600 Bidwall added to $560
300 bidwall added to ~$550
1000 added to ~$450
(all just happened)
It may never happen :O
1282.
Post 8299092 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Only 2.5k to 600. Looks like a great time to break it.
Yep. Give this an hour and if the asks dont spike up towards 22k, its going back up.
1283.
Post 8299147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Oh Jesus guys, sell sell sell and keep it low for the next month.
Why??
Because we all love cheap coins.
Protip: good traders buy on the way down and sell on the way up.
How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
If the price goes up because no one sells, it will be unstable. Sellers are needed. Lets see how well the market holds with a 10m bidsum at $10,000.
1284.
Post 8299459 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Oh Jesus guys, sell sell sell and keep it low for the next month.
Why??
Because we all love cheap coins.
Protip: good traders buy on the way down and sell on the way up.
How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
If the price goes up because no one sells, it will be unstable. Sellers are needed. Lets see how well the market holds with a 10m bidsum at $10,000.
Sorry. Doesn't make any sense.
Sorry, it does. You want the market to float up because there is no selling pressure. That -> no support -> will crash
1285.
Post 8300492 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Theres the asks. Down it is.
1286.
Post 8301303 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Anybody else's phones do this with the bid walls?
Its not your phone. Bitcoinity is broken & does this all the time. Occasionally it is a legit wall removal, OR a view of whats going to happen before it happens. (Sometimes, the walls go down before the ticker shows any sells.. sometimes 30 seconds or more ahead)
1287.
Post 8302487 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
lol, litecoin is going down.....
fuck my, just bough zeusminers....
Capitulation just occurred on Okcoin. It's going up from now on. it won't remain under 40 CNY for long,enjoy cheap coins
.
It wasn't capitulation. Litecoin downtrend is not over yet. I think we will see $4.5 - $5 before its over. Right now its just consolidating in preparation for another crash.
It isn't over for bitcoin yet either. More dumping could follow.
Litecoin is getting murdered. Wowowowowowowow!!!
Wow! Ouch! Down like 15%
1288.
Post 8302545 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.03h):
Didn't LTC get massacred by a half just before last big BTC run up ?
Yep: (Sorry for bad crop job )
1289.
Post 8304505 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Wow, OkCoin WTF LOL its almost $10 below Huobi.
1290.
Post 8306790 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
So, BFX + Huobi orderbooks are absolutely cleared on the bid side and also notably worse on the ask side.
Bitstamp bid sum is actually up, BUT still abysmal at just under 9mUSD.
There is very little recovery going on here. Another low within 24hrs would be a rare occurrence (lately the market always has a bulltrap), but I think it might happen, without the bull trap.
1291.
Post 8317505 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
are we going full bear soon? where is the BOUNCE?
I don't think, we again got support around 560, but bounce is not that kind like before.
So we have to wait more now for bounce back the price to 590-600 level.
that's the thing -- last time off 560 we bounced hard and fast. this time, nothing. struggling. tells me support is not strong here anymore.
There is NO support, expect the next couple months of slowly dipping prices. Come back at the end of Fall if you want some action.
Correct. This is a steady drop when you look at the 1 year charts. My guess is a $350 bottom.
1292.
Post 8330743 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Mega bulltrap incoming
1293.
Post 8333467 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Both sides gearing up. Who will win!?
Go bears!
1294.
Post 8333633 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Both sides gearing up. Who will win!?
Go bears!
LOL , Looks like the one you are cheering for are winning this session..
but this is a long game we are talking about..
GO BULLSGO BULLSGO BULLSGO BULLSGO BULLSGO BULLSGO BULLSGO BULLSNo! Bear walls getting torn down! Stop it bulls, go easy on us!
1295.
Post 8333679 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
so who sold at 525 ? hope u learned ur lesson
you will think he is smart soon, just like the one sold at $1200 $1000 $900 $800 $700 $600 ..
Please explain what you mean with the above, I did not learn this strange type of Chinese/English.
Hes saying that, in time, you will think the guys who sold at $525 were smart.
Much like those calling out people who sold at $1200, $1000, etc.. who were originally told they fell for bear traps. Look at them now.
Ease up. 27 pages so far today and the day is only half done.
I scrolled through all those pages checking posters's names, to see if one of the three or four people worth reading had contributed.
Nothing but the usual cataract of logorrhea and cutesy images.
Personally I am only here for the cutesy images at this point, and even those are few these days
I'm right here buddy; you must have missed my posts!
1296.
Post 8333863 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Why does everyone have to attack others when they think they are losing money? And, why can no one ever admit to being on the losing end? Everyone always makes money on this thread. No one knows you personally, just be honest.
Its an unpredictable market. A perfect trader would still lose at least 30% of the time..
PS.. price up $10 in the last few minutes.. but on very low volume. No bidwalls to support it ATM.
1297.
Post 8333890 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Slippage to 600 when we were at 597: about 3.5k coins
Slippage to 600 when we are at 545: 3.4k coins
BEARS YOU GOTTA TRY HARDER
Disregard. I mistread your post.Bitstamp bid/ask updated again
3PM 6PM 1AM
620 1540 620 1316 620 2377
615 1535 615 1163 615 1806
610 1341 610 969 610 1615
605 1009 605 596 605 985
600 824 600 358 600 796
595 550 595 123 595 196
590 364 590 27 590 34
585 115 585 -203 585 -35
580 57 580 364 580 902
575 149 575 2721 575 2845
570 972 570 3092 570 3118
565 1669 565 3481 565 3574
560 4282 560 4553 560 4663
555 5116 555 5355 555 5100
550 6547 550 5583 550 5207
545 6752 545 7081 545 7205
However in just 2 weeks there is about 5000 coins added to $600
1298.
Post 8342238 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Big volume on Huobi, no movement in price. Ask walls piling up, but also getting eaten.
1299.
Post 8343589 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.04h):
Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)
1300.
Post 8357865 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
I̠̤̖̖̪̝̬̭̤͓̦̰̟̭̳ͯ̏ͭ̔̏̏ͭͮ̆͂ ̻̞͖̭͖͚͎ͣ̔̽ͥ̃a̗̬̼̤̠͉̝̒̏̓̓̂ͥ͒̍͗͛ͦͯͥm͉̱̪̱̩̲̮̰͚͇̖̼̞͖̯̭̖ͪ̓͒̇̀͋̽̚ ͚̙͚̫̮̮̰͔̲̜̪̼̘̰͛͋̈́ͭͨ̔̓ͯ̄ͦM̯͈̫̪̆ͨ̅ͨ̈̈͆͆̎͐̇ͅr̝̭͚̹̙̦̬ͮ̉ͪ͑͗̈́ͤ̈̆̆̅ͫͤ̓̄ͅ.͉͖̹̥̟̱̝̩̺̹̠͕͖͕͈̻̇̍̒ͭ͂̑̄͑̍̈́̄̆̅ͅ ̼͕̪̝̟̻̬̼̼̙̲͇ͮ̓̏ͭ̓̆̈́̊ͤW͎͇̺̮͖̬͈̜͕̲̱̫͙͇̐̄ͤ͌͛͛u͈͈̤͇̦͕͙̰͓̮͕̟̜͈̺͔̒ͨ̓ͮ̓͒͗̑͊̾ͨ͊̆̃.̺͕̪̗̣̄̄̾͆̈̄̄̾́ͥ̐̑ͅ
͓͔̻̠̠̙̖͍̲͔̜̟̬̓̐͂ͦͬ̄
̻̗̰͉̻͉͖̹̘̝͎̱̙̮́ͥͪ̓̓̃͗̀̓͆͊͂͋ͅI͉͚̪̤͙͚̺̹̗͉̣̦̠̬̻̓̏̋̾ͦ̄͂̅̾ͤ̉͋ͧͅ ̝͖̳̿̽͆̆ͪ͗ͦ͐ͅw̰̤̰̘͉̩̙̯͙̤͚̮̒̆̍͑̆͑ͭͯ̏̽̿ͬ̅̅ͭ͑̽ͬͯị͓͔͚͍̘͎͉̬̠͚̦͍͎̬ͩ̽ͭͣͨ̓̋͗ͮͤ̋̐ͮ͒ͅͅl̲͙̫͖̜͉̣̥̞͈̫͓̤̣̩͉̭ͩ̿̾͌̐͋̎̑͛̃̋̈́l̯͉̘͚͓̼̳̦̝͕ͯͥ̂̎́̆̾ͥͤͅ ̘͉̺̦̘͙̦̤̰̼͈̌͗̉̍ͫf͈͓̥̪̼̱̟̹̫̘̦͓̟͚͍ͪ͑̓̌ͥ̑̉ͦͥ̍̌̚ṳ̜̳̖̱̣͍̣̥̥͕ͭͭ̀̓ͬ̌̑̄̿̐̇̉ͫͪͦ̇̆̏͌ͅͅc̤̻̮̯̠͕̹͍̮͖̯̞̮̫̜̫̅̈̽ͮ͋̇ͦ̀̇̀ͥ̄͐ͯͅk̜̱̬͇̠͎̺͕̞ͩͩ͑͐͋̉̚ͅ ̰̩͇̠̹̗̣̟̳ͧ̉ͭ̀ͪ̓̓̊̈̃͋͂̈́ͬ͒̄̂́͆y͈͈̱̬̯͖̺̦̠̗̙̹̹̳͉̣͙̻̣̒̒ͮ͌̍̔o̻̻̠̭̗͔͔̪̹̖̬͎̹̪̐͊̐͌͛͑̅ͯ̔̄ͥ̓ͣ̓u̖̮̟̱̻̩̰͍̭͕̤̗͎͐̿̑ͫͩ͂̃͌̓͋̄̀̍̋͆
̩͎̻̮͚̻̻̮̥̹̺̍̉̂̽
̥̞͕͈͖̖͙̥͚ͨ̇̿͑ͯͧͫt͖͙̗̰̱͎͚͉͎̯̍͊̔̂͗̐̌ẖ̩̰̪͚͖̫͎͚͔̘͆̽ͩͮ̓ͭ́͗̔̍ͮͯ͌̓ͭ̒e͙̜̘͙͈̫̩͍̬̓͐̽ͨ̎̽̊̿̈́̇ͦ̚ͅ ͇̺͍̰̄̋̾͂ͤ̓͗̽̐ͫ̾͒͒h̜̞̲͉̫̻ͦ͂̈́̀̊̓͂̋ẹ͖̻̤̺̳̟̳̻̹́ͯͫ̽͛͐̔ͫͪ͆̍͂̒̈́ͅl̜̠̲͇̻͖̝̙͍̰̺̰̗̬̦͉͛͐ͯ̑̓ͦ͗̈̑l̮̞͖͈̼̲͚̏ͭͮ̊ͪ̈́͗̚ ̬̫̻̦͇ͭ̌̍̽̅̆ͣ̉ͭ̅͒̃̄u̖̬̲̥̹̖̭͋ͣ͊̌ͅp̹̞̮̣͓̜͇͓̀̍̒̏̍̃ͤ̇̏́̇ͦ̀̐̃̏̈̉ͥ ͉̼̪̙̪͇̬̣̗̜̰̙̞̆̂͒̿͗ͪ͒̇̀ͩͮ̄á͍͇̻̻̱͍̭̜̯͎̺͖̰̙͕͓̐̇ͮ̑̉̚n͓̫͉̠͕͈̐̄ͥͮ́ͪ̇̑̎ͪ̎d̦̙̩͈̰͂ͩ̀̾ͨ̓ͭ̂ͮ
̙͍̥̳̺̺̝̬͎̰̲͉͇͍͋͌͛̿̍̏̌ͥͦ̓
͈̤̫̤̰͉̹͇̯̫̤̟̺̠̪̦̰̋̇̾ͤ͗ͪ͛̔̎f̮͙̘̙̞̺͇̘̠̝̰̞̍̓ͤe̹̭̻̘̬̥̘̾̔ͬ̈͊ͤẹ̞̥̻̠̞̰̠̤̰̻̱̃̌̂ͭͅd̗̥̬̞̘̤̳͙̫ͫ̓̾͌͋̉̑̂͌̒̑͌́ ̹̜̦͙̪͖̣̻͚̭͓̤̗̰̭͚̔͑̾́̊̋ͥ͛̈́ͦ̽̀̊̓ỷ̦͎̱̳͉̟͌̿ͤ̒͊̂̍͗̊͒̈ͣ̎̐͑͂o̯͖̱̩͇͈̻̮̙̱̺̎͌ͥ̎ͥ̑͑̇ͥ̃͌̓ͦ̐ͩ̾̄̎u̹̣̻͓̻̼͈̫̫͈͇͙͇̖̮̒̂ͥ̌̌̏͒͑ͮ͂ ͖̝̩̯͔̰̰̬̮̘̖̫̽̐̄̃̾̏ͩ͋̊ͥ̒ͥ̅̏ͯͭ̆ť͕̣̝̼͈̳̜̣̻̖̬̺̯͖̤͇̗̊ͬ̆͂ͫ̌̂̽̍̐ͬͧ͊ͯ̊͊ͧo͚͔͓͎̯̭̥̯̹͕̦̻̯̰̦ͫ̓̄ͦͭ̍͆͌̉̒ ͖̖͇̩̲͔͎̹̰͉̋͊̃̽ͬt̙̭͈͕̋̏̈́͊̅ͧh̻̺͔̩̻̼͂̃̾̊ͮe̩̙̟͕̝̟͇͈̤͎̞͈̹͎̗͙̝̞ͪ̂͒̓̈̀ͧ͌̾ͬ̊ͩ͗̿ͮ ͍̟̥̘̼̲́̉̈́ͩ͂̿̀̍͆̇̎͒̆̚p̥̪͇̫̥̝̘̼͕̟̞̭ͯͭ̍́͒͌͂̎͌ͬ̎ͤͬͮ̚̚ͅị̘̙͚̼͍̭͕̰̞̤ͬ̋ͥͩ͊ͭ̀̿͋̓̅̑̇̓̏ͭ͊ͅͅḡ̱̤̲̯͗̈̆̊͐̃͗̔͊ͯ͐͑s͚̮̲͇̩̹͚̤̹̺͕̉̄̇͋͑̐ͤ͗͂.̘͓̝͚͈́͆ͯ̊ͯ̎ͣ̃͋̿ͫͭ̚
What?
1301.
Post 8358292 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
Excellent
1302.
Post 8370303 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
Those bfx bids have to be fake. Their bidsum tripled in just a day...
They are bigger than bit stamp now..
Well anyway this is the bottom buy now or cry later.
(Unless all these bids disappear)
1303.
Post 8370374 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
look like we are going to test that wall at 500
I think we will below the 500 mark till this weekend, may be monday or tuesday
we will try to hit 500 mark and move upwards.
But it's not look very good this time, we are below the 500 mark comfortably.
No!!!! Buy now!!!!
1304.
Post 8371410 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
Final Call for the bulltrap. Enter now to profit $$$
1305.
Post 8374265 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
Man, if these bids are even half real... this shit gon' blow!
1306.
Post 8375459 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
People really want to test those bids in the $450-$480 range on BFX..
If real, I cant see a new bottom forming within the next 3 weeks - 2 months. If fake, then continue on to $350.
If its real and the bids get taken... well, uh. Thats really bad.
1307.
Post 8382588 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
This looks like it might get nasty again. But... I still say buy! Bulltrap will get bigger first.
1308.
Post 8384599 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
The train is being delayed still, but the stop at $575 is not cancelled. BUY!!
1309.
Post 8386049 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
lol
what did you do?
why are you full fiat?
Whoa, I thought Fonzie got banned from the trollbox. Instead, this person claims their account is banned and cannot withdraw :O
1310.
Post 8388010 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
600 > 475 > 575 > 425
1311.
Post 8388074 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.05h):
ya everyone that belives this is a dead cat bounce, better sell now.
Ignoring the noise, this bull trap still must go higher (although buying is no longer recommended!)
Exchanges are looking worse these last few hours. I may lower my top for the bulltrap to $565 to adjust for this.
/lol; totally serious.
1312.
Post 8417797 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.06h):
Update on r/Bitcoin sentiment. 4/7 of the highest upvoted posts are about the price crash. People are scared. You know what time it is.
look at the first post "BTC-E Flash Crash to $327", the guy did use the 1m chart at Bitcoin wisdom.... I didn't know there are people who actually use the 1m chart...
Yes, also useful for checking out volume spikes where the price is stable
1313.
Post 8428697 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.06h):
Hmmm, interesting activity on BFX. Both Stamp and BFX have some major bid support that formed after the dip into $450s. Perhaps this is the bottom where a true bull trap forms.
In less than 24 hours after the dumps, nearly $3m of bids have been added on BFX, and just over $2m on Bitstamp. Thats pretty healthy.
Then again, BFX got an 11k BTC ask wall today.
Here is a sloppily edited image showing what the asks looked like 24hrs ago, and the fuller blue being the asks after the 11k "wall"
Pretty odd. Seems fake. Pretty crazy it still looks that steep on log mode (the chart is sloppy but the lines are 99% in the right spot.)
1314.
Post 8428761 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.06h):
Also I'm stupid and that isnt log. The random intervals at the bottom confused me. (1250, 2500, 5000, 10000)
1315.
Post 8441091 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Well, turns out the mega bidwalls and askwalls on BFX are the same person.
They have shown at least $6m in USD bids, and 11,000 in BTC asks.
What is their goal? Who knows.. (They dont appear to be trying to push the market in either direction with walls, but if they are, they're trying to push it up.)
1316.
Post 8441282 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
493. INTENSE!
Doesn't mean shit. It's basically free fall till 487. Not much resistance till 450-460 either on stamp. Let's see what the rest of the week brings!
Not really. The bids arent nearly as shallow as normal, following a low volume rise.
1317.
Post 8441572 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Fairly large dumps on bitstamp
1318.
Post 8441657 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Wow, this is what the Bitfenix orderbook looks like without the mega-whale playing. Pretty crazy!
1319.
Post 8455946 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Once it's a strong enough up swing all those panic sellers become panic buys. Also my swaps on finex are opening up and I assume the most not the only one. This will be another catalyst higher.
I dont think its clear yet, we'll have to see if there are any dumpers left at these levels. Generally when the price stagnates after a rise, a lone dumper takes it down a notch.
1320.
Post 8456468 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.
He's not the only one here confusing a dead cat bounce with a bull trap ;-)
Looks like a common mistake.
Can I get a short description of the difference? Thanks
1321.
Post 8458469 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
1322.
Post 8458804 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Personally, I'm still unconvinced it doesnt go down more either in the next days, weeks, or 2-3 months.
1323.
Post 8458863 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Hm, I just noticed something...
I think the BFX "mega-whale" may be shared orderbooks between stamp and bfx again. They stopped doing that awhile ago, but after the long squeeze its back on.
This means BFX bid walls are mostly "fake" (in that they are not backed by anything) if correct.
1324.
Post 8460043 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
As soon as someone sells, all the bidwalls on BFX fall back.
1325.
Post 8460866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
I'm a buyer at $535, $518 and $504.
Stop loss at $441.
Still there. Almost at break even. I am looking forward to Sunday.
This is your chance...
1326.
Post 8461328 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
lets see a nice short liquidation cascade!
Can anyone make an educated guess at what point the shorts could get liquidated?
I'd think it would be alot higher than this, but I have no idea how to properly calculate
It's all stop losses, it would require a lot more upside to actually trigger the majority of shorts to get margin called.
educated guess = 640+
The amount of coins up for bid to yesterdays low ($480) could get us pretty close!
Those bids are mostly fake; shared bids from Bitstamp.
1327.
Post 8461472 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
Those bids are mostly fake; shared bids from Bitstamp.
How can that be? the asks don't seem to be shared...
Looking at the number of asks on Stamp it seems impossible for them to be shared with BFX
Bitstamp: 4300
BTC to 580
Bitfinex: 3500
BTC to 580
Asks are not being shared right now, only bids.
1328.
Post 8461518 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
oh really so how come bitstamp is 997 coins down to 505 and bitfinex is 405 coins down there if Finex is sharing the bid side?
you're such a fail , so sad
Its only a theory, since the other market activity doesnt make sense otherwise.
You bulls are so violent and angry. I've not sold a coin in a long time... only like to try and guess where the market is going
1329.
Post 8461562 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
You do know that not all bids and asks were shared even when the BFX did share orderbooks, correct? You must not know this actually happened, and only stopped a month or two ago.
1330.
Post 8479320 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.07h):
What is that hole in the bids at 20:30? Seems like the bitstamp api didn't return the bids at all at that time...
That's not a hole. The bids just dropped. Holes generally affect both sides.
that was 1.2K BTC dump and then instant flash recovery, i was impressed, and then it happened again!
And again, but with smaller sells
BFX looks so bullish if you go by depth.. I just dont trust it
1331.
Post 8519532 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
No volume in this drop..
yet!
$300 is coming.
1332.
Post 8519930 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
Fix't that for you!
1333.
Post 8558445 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
1334.
Post 8561838 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
To bears:
1335.
Post 8561948 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
Bids are turning in to larger walls (but sum not increasing)
Looks like manipulation.
1336.
Post 8562194 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
None of those bids are new; theyve only moved forward in to a neat pile.
The asks are all new.
1337.
Post 8562370 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
threads going backward again....
kinda annoying.
The people who delete their posts are fucking weird. Seriously, mental issues.
NICE DUMPS BEARS~!
1338.
Post 8564273 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.08h):
Hmm, a 237btc dump followed by a 100btc dump and aother 100btc dump (Both exact)
Now a 80btc buy testing the walls. VERY INTERESTING...
EDIT: Walls are real.
EDIT2: 500BTC ask wall appeared on OkCoin
1339.
Post 8564357 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
How much lower until the panic sellers start? Right now this may very well be complete manipulation downwards, but its working if so.
Not that well, but without resistance. I'd imagine if 505 is hit that high 400s (~485) should come soon after?
The bids on 500 are still holding up very much with this drop, about 9 out of 10 bids being replenished immediately.
Very suspicious.
1340.
Post 8564420 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
The ask wall is growing.
10 mins ago / Now
520: 3400 / 4200
500: 2100 / 2000
1341.
Post 8564795 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
I wouldnt have guessed in a million years that wall would have been eaten...
However, it does show these asks are real. And that is bad. So I think its down unless someone snatches up the whole thing.
3,144 coins to pass 515
EDIT: Wall guy getting worried, moving some back... guess theyre just desperate to keep it down and hope no one tries to eat the rest.
1342.
Post 8564878 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Really? Is this guy even trying?
515.00000 1050.0
514.99000 100.03
514.98000 90.003
514.97000 10.010
514.96000 9.0090
514.94000 1.2150
Notice: 100, 90, 10, 9, 1
Hes making a cushion, and trying to make it look like there are asks piling up in front of him. BUY THIS FAKEASS WALL NOW!!!
1343.
Post 8571738 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
BOOOOOOOOOOOOOOOOOOOOOOORINGGGG
1344.
Post 8571812 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
BOOOOOOOOOOOOOOOOOOOOOOORINGGGG
i take it you don't like stability with much liquidity.
since the wall appeared there has been about 10K volume without touching the wall.
if this wall is indeed there to force sells its working.
All I see is walls flashing. I want to see red all over my screen. RED EVERYWHERE!
1345.
Post 8571868 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
1k bidwall flashing on $506
1346.
Post 8574477 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
'ere we go...
1347.
Post 8574625 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Its not over yet.
But I think all of this volume is fake so who cares?
1348.
Post 8574858 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Ask wall going down soon?
1349.
Post 8576063 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?
Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible
Yes, this is what the willy bot did.. spent hundreds of millions of dollars, that didnt exist, to artificially inflate the price, to buy real bitcoins.
Then, they became insolvent. Where are the bitcoins? Who knows..
1350.
Post 8576095 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Nope, if they wanted to sell, there are bidwalls flashing on bitstamp too. They'd take them.. for $1 less than they were asking.
(Bid wall as large as 2k has flashed at $509)
1351.
Post 8577310 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Honestly, with the fall on BFX not getting eaten or removed.. I'm more inclined to believe this is real. It still makes no sense though, as to why the bidwall is following the askwall down..
1352.
Post 8578794 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Bidwall continuing to creep back. This makes no sense. The bidwall... cant be the same guy with the ask walls, because he would happily have it sold in to..
But.. whats the point of the bids, if fake, knowing that at any moment someone may panic and take it...?
I'mm track these.. (this is all the bids that keep coming up and moving, but two are never placed at once)
$502.82 814.92828467 $409,762.24
$503.44 741.03474571 $373,066.53
$503.46 949.23518500 $477,901.95
$504.35 795.27344622 $401,096.16
$504.16 813.91703336 $410,344.41
This bot man.. wtf? it doesnt make sense.
1353.
Post 8579777 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
What exactly is that whale on bitfinix with the 1300+ wall trying to do, keep prices down?
They sold 400+ already. It's real.
1354.
Post 8584429 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
1k eaten I think, and the bidwall appears fake.
1355.
Post 8584643 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
That would be the idea but doesn't appear to be what's happening.
1356.
Post 8585026 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
I think it's obvious why I just went to this thread... the ask wall! What are the most probable explanations? Adam just mentioned we don't seem to know the reason? And why is the bid wall fake and the ask wall isn't? Has it been put up in order to counter that big ask wall?
The bid wall has followed the ask wall within 5usd all the way from $515 down to $500 now.
The ask wall originally appeared fake, but about a third has sold and it's still there. You can watch the bid wall flee every time the price drops, and move up as it rises. A serious buyer would not do this.
It's possible the bid wall is there on order to entice buyers to eat the ask wall.
Regardless, the ask walls on bitfenix, okcoin, and bit stamp total about $2m USD, so even if all of it is eaten... That's a lot of the current buying power gone. Rocket seems unlikely.
1357.
Post 8589113 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
Still cant move up.. not good
1k of the original 3k ask wall is still staggered along to 520.
1358.
Post 8609595 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.09h):
What a mess, Chartbuddy. A real mess.
Chartbuddy glitch or bit stamp glitch?
1359.
Post 8645433 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
Someones testing the walls... haven't been pulled yet; 200 eaten
1360.
Post 8645467 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
Seems like stupid and unnecessary risk. Anyone who believes $450 is a good price should believe $500 is too. That is why I doubt this is a manipulative push down.. *But it very well may be.
1361.
Post 8671508 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
Interesting. I was convinced $350 would happen, but this is a moderately strong rally.
LMAO@ Random 500BTC dump, followed by a 100BTC buy. No one will even notice you, mr. dumper.
1362.
Post 8671612 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
Now everyone is confused again. Rally over?
1363.
Post 8671715 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
700BTC buy in finex.
I feel pretty confident. Thank fuck I took in a long position yesterday at $465.
Looks like net=0 on that. Sell of 683 followed by a Buy of 683. Unlikely its just a coincidence.
1364.
Post 8673152 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
there's gonna be a new pump in 2 mins.
what the...
How could you know this O_o
Maybe we followed a pump from the china exchanges?
actually the post was way after the big upswing, right?
Yep. Nothing happened at XX:08
1365.
Post 8692768 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.10h):
How it is related to
BTC?
It is about traditional digital payments, using credit cards and stuff.
I thought it would be Apple developing their own crypto or something
Someone should make a flowchart of things that trigger panic sells.
-Is it about Bitcoin? Yes/No
+No: Is it about moneys? Yes/No
+Yes: Is it skary? Yes/no
+No: Does the article mention furry creatures? Yes/no
+No: SELL!
You need to be one with the bears, my friend.
1366.
Post 8705448 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
This is the third major wall on bit stamp alone in ~10 days, totaling about 7000btc.
Include bitfenix and its more than double that.
Yet we still have people saying moon.
1367.
Post 8705986 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
This is the third major wall on bit stamp alone in ~10 days, totaling about 7000btc.
Include bitfenix and its more than double that.
Yet we still have people saying moon.
Walls can be created and removed at any time. I see that happening real time when we broke the 480.
BTW: how low will be the weekend dump this time?
So far, they're all being sold.
They're depleting the fiat reserves of cautious buyers and bulls with minimal slippage.
If it continues for another 10 days, expect the price to totally collapse.
1368.
Post 8720761 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
That buy bot is very confusing. I'mma try to get a guestimate of how much its buying/hr, but.. it seems to go on and off and buy very sporadically.
A very early result is about 15BTC/hr. Still, if it runs a whole 24 hours like that.. its enough to fill a manipulators coffers back up. pretty quickly.
1369.
Post 8720998 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
this buy bot is doing it wrong...
edit : maybe not
Turns out it both buys and sells. It just dumped about 100BTC in about 100 .9BTC sells. So, nevermind, this bot is just odd..
1370.
Post 8721168 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
So, for anyone interested in that bot..
HR X: Rounded BTC bought/sold
Hr A: +15BTC
Hr B: +12BTC
Hr C: -78BTC
Related:
https://www.youtube.com/watch?v=xoMgnJDXd3kI originally thought this bot may be snatching up coins for the guy with the ask walls, but the fact it sells and buys (And sells... for less than it pays, at least a lot of the time) would say that is not true.
1371.
Post 8721866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
So, for anyone interested in that bot..
HR X: Rounded BTC bought/sold
Hr A: +15BTC
Hr B: +12BTC
Hr C: -78BTC
Related:
https://www.youtube.com/watch?v=xoMgnJDXd3kI originally thought this bot may be snatching up coins for the guy with the ask walls, but the fact it sells and buys (And sells... for less than it pays, at least a lot of the time) would say that is not true.
At Stamp?
Correct.
The dumps continue. It was prophesied!
1372.
Post 8721906 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Fucking shit...
Who are these stupid fucking dumpers??
The ones who know $300 comes before any sort of rise! Come on aboard ye' Pride of the Dumpers, there still be room for more. Sell yer coins! Rough seas b ahead!
1373.
Post 8721942 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
I'm afraid to sleep and lose the late weekend dump
Lose what? The chance to sell or the chance to buy?
If chance to sell: Sell now, too risky to hodl
If chance to buy: Wait
1374.
Post 8722190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
To me, it seems like people just refuse to sell but still everybody is looking for a chance to get as cheap coins as possible
And as we all know, this is the kind of thing we need to fuel a nice fucking bubble!
I'm not losing hope just yet
No, this is how you get capitulation.
1375.
Post 8722284 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Ask sum on Bitstamp is at a record high, bidsum approaching record low.
Here's the BA Ratio versus price at that time:
Current Bid/Ask ratio: 0.600 - $470
Record low Bid/Ask ratio: 0.477 - $117
Record high Bid/Ask ratio: 2.502 - $885
**Within 1 year
1376.
Post 8722337 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Sep 29, 2013
Ask sum on Bitstamp is at a record high, bidsum approaching record low.
Here's the BA Ratio versus price at that time:
Current Bid/Ask ratio: 0.600 - $470
Record low Bid/Ask ratio: 0.477 - $117
Record high Bid/Ask ratio: 2.502 - $885
**Within 1 year
Date of the 0.477 - $117??
Take from that what you wish.
1377.
Post 8730159 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Looks like some people really want to get burned. This wont materialize.
1378.
Post 8730831 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Meanwhile it's 7.5k BTC on stamp to even get to $500.
Heavy ask side usually means we're going up and vice versa
Nope. That only applies if the direction of movement is where the walls are.
E.g. if the price is dropping and there are bidwalls, this is normal.
If the price is dropping and there are ask walls... That is very bad.
Plus, that's not a predictor of any sort.
1379.
Post 8732904 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Impressive.. still, unconvinced.
And I'll say it again: I haven't done anything but buy after I made a mistake April of last year. I just enjoy making predictions.
1380.
Post 8737773 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Looks like some people really want to get burned. This wont materialize.
Am I really crazy?
1381.
Post 8737985 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Dont you guys owe me an apology???
In all seriousness, unless some new asks start coming up, this drop is as unconvincing as the rise.
1382.
Post 8738098 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Dont you guys owe me an apology???
In all seriousness, unless some new asks start coming up, this drop is as unconvincing as the rise.
Derp, you never told me where you got that ratio data from.
Oh, sorry. Most data can be found quite easily here:
http://coinorama.net/Best website IMO for a quick check of the conditions.
P.S. Bid/Ask Sums only goes back a few months, but the ratio goes back quite a bit farther. Not totally sure why.
1383.
Post 8738128 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
What does the Wow! signal have to do with bitcoin? Lol.
1384.
Post 8738303 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
something like this maybe? (the lower line touches perfectly with the $340 bottom 11th of april)
I really feel like we don't have to wait much longer for some major action
Better option:
1385.
Post 8739033 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Low volume dumps. We either haven't seen anything and worst is to come or there is no much will to sell at these levels anymore.
Here's a simple little graph of how many asks there are, on Bitstamp, until $520 |: As the max, within a 24 hour period; rounded to nearest thousand.
So, quite simply, I disagree. Lots of people want to sell.
EDIT: Forgot Sep 06, -- its 6k
1386.
Post 8749394 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
No denying that was impressive. This should push to $480 and beyond then, if no more ask walls pop up.
For future reference:
500 5140
498 4395
496 3371
494 3148
492 2611
490 2436
488 2385
486 1793
484 1133
482 1031
480 902
478 648
476 446
474 217
472 64
470 67
468 71
466 461
464 563
462 1060
460 1444
458 1618
456 1751
454 1868
452 2585
450 2989
448 3116
446 3166
444 3315
1387.
Post 8750344 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Well, this is getting ugly fast. It was a trap, folks.
Not so sure. I would not be surprised to see the price slowly drop (from the peak) and then take another jump up from ~465
1388.
Post 8750509 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
Well, this is getting ugly fast. It was a trap, folks.
Not so sure. I would not be surprised to see the price slowly drop (from the peak) and then take another jump up from ~465
You think it could it be some one buying cover for his shorts on Bitfinex?
No idea as to why or who it would be, just guessing
Regardless, the price seems to be leveling out around 468, so this would be the price it jumps from, I'd think.
1389.
Post 8751015 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
How much of the asks at Stamp are real? I guess they will start to pull back soon.
All of them? Nothing has been pulled so far from the 11k of ask walls that have been put up since Aug 28. All sold. (Well, theres like 2-3k left scattered along to $520)
1390.
Post 8754025 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
A break up to $500 seems imminent!
cant wait for this baby to blow
Yeah, BFX is probably going to rocket and the rest will follow.
Or more ask walls pop up and the drop continues. 5050
1391.
Post 8754142 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
A break up to $500 seems imminent!
cant wait for this baby to blow
Yeah, BFX is probably going to rocket and the rest will follow.
Or more ask walls pop up and the drop continues. 5050
They would have to be a fool to throw up walls right now.
I have a feeling this could spark a rally to $800
Possibly, but people though the walls were fake from $560, then $520, and here we are.. happy to be at $480.
There still isnt much enthusiasm. A continued drop is still completely within reason.
1392.
Post 8754535 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
see am sleeping right now and i can tell we're going up because I hear
bonk bonk bonk ping beep bonk bonk bonk bonk bonk bonk bonk bonk bonk bonk bonk bonk
this means moon.
lol, why not set it to a larger volume trade?
1393.
Post 8754729 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
205 new shorts opened, and immediately dumped at market.
What does that mean?
1394.
Post 8755050 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
apple pay... is going to flop.
I can't even use it, because its for US only
I can't use receive 1$ payments because it will cost 5$ in fee to do so
I can't use it to send money to africa because ...well idk why not...
I can't use it as a hedged its USD's
I'm sure the user interface will literally be 1 button "BUY NOW!", and this is very wow, but i dont care...
I can't believe i feel compelled to state such obviousness...
Since I'm lazy, how long do transactions take with bitcoin? 7 mins or something for the recommended # confirmations IIRC; so.. can this ever get faster or slower? I think we'd all agree thats a bit slower than it should be.
Other than that Bitcoin is incredible as a payment system.
1395.
Post 8762057 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
I seriously hopen this happens some day... we've seen 500% spikes occur in the past, but generally on BTC-E or from a glitch.
I want to see it happen for real. 20k market order LOL
1396.
Post 8762249 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.11h):
with a billion dollar wall cashing.
Hahah, yes, a 50k bidwall at $20,000
I wonder how long it would take for:
A: That to be eaten
B: The other exchanges to catch up (assuming the guy only bought on Bitstamp's orderbook, or something)
People would be so hesitant to believe the price really just went up 40 fold
1397.
Post 8763316 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Low volume dumps. We either haven't seen anything and worst is to come or there is no much will to sell at these levels anymore.
Here's a simple little graph of how many asks there are, on Bitstamp, until $520 |: As the max, within a 24 hour period; rounded to nearest thousand.
So, quite simply, I disagree. Lots of people want to sell.
EDIT: Forgot Sep 06, -- its 6k
So, NOW, all of a sudden we are supposed to believe these fake walls? I will believe it when I see it.. that is if I see 10k BTC sold between $465 and $520. If we got enough upward volume, I am fairly confident that a lot of those supposed walls of BTC up to $520 would disappear.... KAPUUUUUT!!!!
They're being sold. Haven't you seen all the market orders eating them?
About 1.5k was pulled today, though.. still, 15k+ had been sold by now.
1398.
Post 8763965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
where are the trollfuckers now?
its so pathetic...
Their silence is deafening.
Actually, they're silent now because they feel they accomplished their goal. And they did, for 4 days depressed price down to $460. Now up to $480 and climbing.
Expect another dump within 24 hrs. After that, I guarantee the trolls will return again.
i think its grotesque to think that those trollfucks have any influence at BTC/USD. they think they have, of course, but nevertheless its rediculous.
only a fraction of all investors are reading BTCT reguarly and of those who do only a very tiny fraction finds this specific thread. and of those who find this specific thread only again a very very very very tiny fraction actually sells BTC cause of one of those trollfucks.
if i would have to guess the effect i would say maybe 1 BTC a day that is sold more through those trolls.
its just a perfect example of wasted time imo.
I agree. This forum has no effect on price. ( at least, forum sentiment and whatnot )
1399.
Post 8768235 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
There they are...
2k on BFX
2k on Bitstamp
These sellers are real. Back down we go.
1400.
Post 8768264 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
here comes the sell walls
Here in the troll observer it's called manipulation wall. Selling means manipulation, you know? People are shouting for anarcho capitalism but when sell walls are popping up we prefer good old sovjet planned economy.
Its funny how the 2k market order that brought down an ask wall yesterday was a smart investor.
The guys who have sold 16k coins in the past 2 weeks? They're manipulating idiots out of the loop. People with 10 million dollars to throw around know nothing and act irrationally, you know?
Now this is 20k coins in 2 weeks. Price is still holding fairly steady. Cant last forever.
1401.
Post 8768348 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Now this is 20k coins in 2 weeks. Price is still holding fairly steady. Cant last forever.
Very true, great point...
despite all this "manipulation" or selling or whatever you would like to call it the stability in the midst of all that is unreal
Yeah, you can look at this both ways
Its bullish because the market just absorbed a ton of selling pressure with a loss far less than you would expect.
Its bearish because there is now less demand for coins than there was 2 weeks ago (with a price higher than expected).
Personally, I think its bearish. I just dont see that, if more of these walls continue to pop up over and over, that they can be absorbed without reducing the price.
However, if this 4k is the absolute last of it? It might just be the recipe for a bubble. Slow slide down as people lose hope, but buying pressure continues to build underneath.. then the realization there are no more dumps coming. Boom. This is pretty much what happened the last few times. Just not to this degree (of dumping).
1402.
Post 8768525 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
There they are...
2k on BFX
2k on Bitstamp
These sellers are real. Back down we go.
You cannot merely determine that sellers are real b/c they show their bitcoins (in the form of walls)...
It would be interesting to see anywhere approaching 1k coins dumped at once and see how far, if at all, BTC prices comes down...
I get the sense that some the bear whale manipulators are running out coins... but some of these bear whale manipulators may be willing to lose money to keep engaging in this ongoing BTC dumping practice.
Walls have, in the past, generally been fake. These last two weeks, they have not. I watch these walls intently..
here comes the sell walls
bitfinex @480.6
the wall bigger than bigger
Mean nothing
He was pulled yesterday and many other day
If fact sell wall on a ascending trend is bullish
Dont lie to re-affirm your position. There have only been 2 occasions of walls being removed on BFX and Bitstamp throughout the past two weeks. That would be a very random wall on BFX in the $600 area, and ~1.8k of coins on bitstamp in the $490 area.
Other than that, EVERYTHING has stood its ground and been eaten on the way from $460 to $490, and from $520 to $460.. All of it! Over 16k coins!
1403.
Post 8768947 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
//pointless speculation and discussion below - read at your own risk!
Its quite peculiar. The walls on BFX and Bistamp appeared almost simultaneously (correct me if I'm wrong)
This would lead me to believe they are the same person(s).
But, notice that the BFX wall is just one huge chunk. No dividing. All 2k at $480. On Bitstamp, its staggered with smaller and larger walls. (4 of them)
This pattern goes back all the way to when these walls disappeared. And, if you actively watch the market, you may notice a theme:
On BFX, once walls are touched, they get taken down at once. No matter the size.
On Bitstamp, walls are usually tested multiple times, and eaten individually.
So, my conclusion would be that the "waller" is placing them in such a way that makes them most appealing to buyers at that particular exchange. On BFX, they panic buy (possibly due to the ultra thin ask side, aside from the walls). On Bitstamp, large walls are scary.. (maybe because the ask side is not thin at all)
What is my point? Nothing really. Just that this guy is really studying the markets and wants to rid himself of these coins with minimal slippage. They dont appear to be panicked, but are serious about selling. So it may be someone who still has a vested interest and bitcoin but just needs some $$$ to buy a new yacht.
1404.
Post 8779777 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
wtf with this poll?
It is very unlikely that something better will come along than bitcoin.
The internet has been around for decades. A way of transferring value around was one of the first notions and it took until 2009 for this amazing concept(s).
No way something else is about to come along that.
Yeah, and? The concept is... sound. Bitcoin doesn't have to be the successful version. Bitcoin is still so tiny that nothing is preventing a better implementation from being the preferred payment system.
Bitcoin I'd
1405.
Post 8781170 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
lol, now everyone is confused again.
Still, 2.5k coins still remain just to reach the 24hour high on bitstamp. Thats pretty bad.
1406.
Post 8790130 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Something is going to happen soon, Huobi got a 1k+ bid support, which is very unusual to see such walls close up the order book. bitfinex has the 3k+ sell wall, so there's certainly going to be some action soon, question is which direction does it go?
Which way have we been trending?
1407.
Post 8797266 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
people with one coin will soon enough be consider a whale.. ^^
then what will the current whales be considered? Moons?
well, theoretically, they would reach their cashing-out bearing point and hence be a bit more diluted (except for the large corps/funds/etc that will emerge) before we are all whales.
Sometimes I wish I fell into a coma for 5-10 years, only to awake, with all my Bitcoins still there and accessible and then finding out that the price is at $60000... This would be so freaking awesome. Then again, it will be difficult dealing with all that lost time... But... $60000!!!!!!!
Just travel at relativistic speed for about a year or two, then come back to earth and around 10 years will have passed. Not so bad!
1408.
Post 8797786 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
inching closer and closer to that massive wall
I think these super walls are bullish aren't they? Is it a last ditch effort to try to get cheap coins?
If only someone would just buy them all at once. That would be so much fun to see!
Mhm, cuz if you need to buy another 1,000 coins, it isnt logical to just market order them with $5 slippage. Instead, risk most of your portfolio to make an ask that may or may not cause panic and reduce the price to a level where you may or may not be able to acquire a significant amont of coins for a small discount. Thats 100% the most likely explanation.
I mean seriously, when you are this confident the market is going to blow... what are 200% gains when you could have 204% gains?
1409.
Post 8797951 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Where is the 480 wall?
Now the depths are almost normal again, with red one being just a little more deep.
Aren't we supposed to have fun now? Where is the fun?
I am having fun watching that wall on Bitfinex being eaten right now.
1410.
Post 8797965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
who the hell took the first bite, such brave
I'd be more apt to call them stupid.
1411.
Post 8806859 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Price on stamp poised. Ask walls melted upwards.
What does "melted upwards" mean?
1412.
Post 8822066 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
1413.
Post 8822075 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Someone in China taking a dump before going to bed
What market though?
1414.
Post 8822241 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Someone in China taking a dump before going to bed
What market though?
DOGE/BTC,
hereThanks! Thats hilarious.
1415.
Post 8822591 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.12h):
Someone in China taking a dump before going to bed
What market though?
DOGE/BTC,
hereThanks! Thats hilarious.
same as BTC/usd in december 2013.. hilarious.
Eh, not quite to the same scale (The speed)
1416.
Post 8837299 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
wow cheap coins...get some while you can
The dumps are relentless. Bidsum on Bitstamp taking a hammering. BFX still... doing its thing.
1417.
Post 8837315 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
1418.
Post 8837974 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
It's a line Adam. Nothing more.
You don't need to use a log chart. Simply view the standard price chart
http://bitcoincharts.com/charts/mtgoxUSD#rg60zvztgSzm1g10zm2g25 > set axis to 6-months
Now, you simply apply a Milton-Keynesian correction transform to the market data, like so:
Using this metric it is clear the value of bitcoin has stabilised on the horizontal. BUY BUY BUY
1419.
Post 8838154 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
surprisingly strong rebound from Huobi, hitting higher prices than before the sell off.
OKCoin equally impressive rebound.
EDIT: NVM, big dump on OKCoin happening now. LOL
1420.
Post 8838255 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Bounce has been suppressed. Get ready for round 2.
1421.
Post 8838287 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
The nice thing about watching China is the price constantly updates. Lots of action.
On the US markets its slower but the volume is real.
1422.
Post 8847049 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Big players are also not generally interested in seeing the value of their holdings evaporate on the whim of lots of small fish day traders. A forty thousand bid wall flicked in and out existence in the low 4xx's last week suggesting serious buying power despite what TA may say.
I've investigated this claim recently (after reading about it on r/bitcoinmarkets) with people who have complete logs of all past orders set on Bitstamp and no trace of this was found. Where did you see this? My guess is it's a bug with the displaying website like I sometimes had happen to me on bitcoinity or clarkmoody.
Yeah, I've never seen this "40k wall" either. Sounds like nonsense.
1423.
Post 8847437 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Big players are also not generally interested in seeing the value of their holdings evaporate on the whim of lots of small fish day traders. A forty thousand bid wall flicked in and out existence in the low 4xx's last week suggesting serious buying power despite what TA may say.
I've investigated this claim recently (after reading about it on r/bitcoinmarkets) with people who have complete logs of all past orders set on Bitstamp and no trace of this was found. Where did you see this? My guess is it's a bug with the displaying website like I sometimes had happen to me on bitcoinity or clarkmoody.
Yeah, I've never seen this "40k wall" either. Sounds like nonsense.
Blitz: it was widely discussed on bitcoinmarkets..I can't give you absolute proof (never saw it myself).
Derp: You not seeing it means nothing. Just like your perpetual bearish opinion.
Have I been wrong? Ive been bearish for awhile now. Market continues to trend down. I said short term bullish mid term bearish some months ago. Not right all the time as that is impossible but I'd say my "perpetual bearish opinion" isnt a good insult.
I watch the charts way too much to miss a real 40k wall.. also, I have on idea what a bitcoinmarkets is, but google yielded no results of what you are claiming whatsoever.
1424.
Post 8854551 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
What the...?
Another 2k wall on Bitstamp and 3k (combined) walls on BFX. Beautiful, beautiful walls.
1425.
Post 8854611 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Another 2k wall on Bitstamp and 3k (combined) walls on BFX. Beautiful, beautiful walls.
Surprising 10 minutes past and only buy activities on Stamp. No panic???
EDIT: Here comes the huge selling.
Pretty standard these days. I'm not totally convinced of this.
Seconds after dumping to 459.51:
06000 28.878
03000 124.40
02000 129.19
01000 64.575
00000 1.749
Unless this is:
A: That buy-wall bot that loves to play games moving the walls in and out (possible, but unlikely)
B: A glitch on Bitcoinwisdom where orders show up after being taken (more likely)
Then.. well, there's a pretty clear conclusion. However, since bitcoinwisdom glitches out a lot and doesnt show individual orders anymore, and instead compounds them.. I'm not sure if this is the "ghost orders" glitch, or what..
1426.
Post 8854642 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Another 2k wall on Bitstamp and 3k (combined) walls on BFX. Beautiful, beautiful walls.
Surprising 10 minutes past and only buy activities on Stamp. No panic???
EDIT: Here comes the huge selling.
Pretty standard these days. I'm not totally convinced of this.
Seconds after dumping to 459.51:
06000 28.878
03000 124.40
02000 129.19
01000 64.575
00000 1.749
Unless this is:
A: That buy-wall bot that loves to play games moving the walls in and out (possible, but unlikely)
B: A glitch on Bitcoinwisdom where orders show up after being taken (more likely)
Then.. well, there's a pretty clear conclusion. However, since bitcoinwisdom glitches out a lot and doesnt show individual orders anymore, and instead compounds them.. I'm not sure if this is the "ghost orders" glitch, or what..
Looking at it some more and adding those "peculiar" bids up, it does seem likely that its "option B" - ghost walls on bitcoinwisdom.
1427.
Post 8862610 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
...you ask your inspiration (risto, for readers who doesn't know)...
His followers think the world of him...
[img]shameless FUD[img]
Risto's trend line is at ~$2,500 now. There has never been a better time to buy bitcoin! This happens every cycle: everyone becomes convinced that bitcoin is finished, and then it rises again!
CULTISTS!!! BURN THEM
1428.
Post 8864089 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Eh, btc-e is oversold. Not a predictor.
We've got bfx/huobi which are very resistant to this latest price drop, and bitstamp/okcoin that want to tank.
1429.
Post 8867730 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
ah fuck this
* cutting looses *
Not sure if serious, but, even as a "bear", I dont think this is a good exit price. I'd wait around for $465 then sell.
/Just my guess
If you make money off of my financial advice, send profits to: 1HB5XMLmzFVj8ALj6mfBsbifRoD4miY36v
If you lose money, too bad
1430.
Post 8867839 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
People will regret so hard for selling under $600.
If you sell as its going down and buy back cheaper, how do you figure?
What he says is fact because a line on a chart PROVES that the price will approach infinity. There is absolutely no doubt that the price will rocket up by the end of Q1 2015. Its IMPOSSIBLE!! FOR THE PRICE TO STAY THIS FAR BELOW THE LINE. IT WILL APPROACH THE LINE AND OVERSHOOT IT.
My analytical skills mostly learned from:
https://www.youtube.com/watch?v=8wHMaJ6AtNs
1431.
Post 8868236 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
china has broken 2800
Wow. Big asks walls on Okcoin already. This is crazy.
1432.
Post 8868836 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Holy hash power, batman!
It's staggering isn't? Nearly 300 million billion hashes per second.
I remember firing up the Satoshi client and being stoked with 500,000 hashes per second.
MH GH TH
what will they think of next?
Isnt it Petahash?
1433.
Post 8869164 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
BFX, HUOBI, BITSTAMP bids/asks to arbitrary levels - combined
Bids to $400: 10m USD - 24k BTC (>50% from BFX)
Asks to $520: 10m USD - 22k BTC
Bids to $300: 14m USD - 37k BTC (>50% from BFX)
Asks to $620: 19m USD - 37k BTC
Not sure how to get a full orderbook for BTC-E or OKcoin, and I dont think there are any other exchanges worthy of a mention.
Pretty even fight for now though.
1434.
Post 8874637 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
Buy BuY BUY!!!
Sell again at the incoming bull trap. This can't go much lower (yet). Expect double bottom after this mini bull trap (+$10), then much larger bull trap after that (+$30)
1435.
Post 8877790 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.13h):
is it safe to buy now?
Holy shit. I, a bear, was not expecting this. No fucking rebound at all... Incredible sell pressure.
Still, that means there are many people sitting on the sidelines with their new fiat, (from selling), worried they made a bad choice.
The retrace(?) To 465 is still not cancelled.
Then again, I guess I'm in denial that my previous prediction is unfolding so perfectly.
1436.
Post 8877971 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
It wasn't that long ago (march) we were in the 300s. Then we went up to about 680.
BTCgoes up;
BTCgoes down.
Don't worry; be happy
If you trust the pattern repeats, then yes, be happy. If you don't believe in analysing lines on a chart. Though, this is scary
1437.
Post 8879772 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
This situation Reminds me of the bitcoin news from the future picture. "Price of Bitcoin plummets to $13,780. Is Bitcoin dead?"
This is hilarious.
1438.
Post 8880124 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
They don't evaporate, rust or rot. Ergo, a store of value. What is wrong with you guys?
To me, biggest fear is something better coming along. There are already better alternative. All bitcoin has going for it is that its the most established. And yet, its still quite small.
1439.
Post 8880503 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
1440.
Post 8880545 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Heres that trap. Target $465. Sell, then resume drop to $350.
1441.
Post 8880650 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
see bid side increasing by a shit ton
Sadly its not increasing much at all. The asks have all but totally recovered (2k bought, 1.8k of FRESH ASKS just since that)
1442.
Post 8880736 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Someone just bought up all the USD swaps and made a 2000 BTC buy!
Whats that mean? They took loans to buy 2000BTC? So.. an idiot? This might not even materialize in to a real bulltrap?
1443.
Post 8880900 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
This is getting really depressing. A perfect case just happened, for a bull trap to form.. and there is barely any panic buying...
Perhaps I should revise my $350 prediction for <$300... at this rate, that might even be optimistic.
1444.
Post 8881715 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Wanna see something skarie?
1445.
Post 8881897 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
The last time the price was at this level, there were:
BFX/Bitstamp only
16m USD in bids
37k BTC in asks
Today:
13m USD in bids
41k BTC in asks
Pretty bleak imo.
1446.
Post 8881977 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
The last time the price was at this level, there were:
BFX/Bitstamp only
16m USD in bids
37k BTC in asks
Today:
13m USD in bids
41k BTC in asks
Pretty bleak imo.
Has BFX ever been audited?
Hell if I know. What I do know is, if I do buy some more, that money/those coins wont sit there for more than a few days.
(Fuck you Karpeles)
1447.
Post 8888787 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Ok ok, here is a good bull trap brewing. Target 430?
1448.
Post 8888857 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
... there was a network scale attack I pointed out to Gavin and the other devs after observing namecoin network getting "hung" for months by miners joining and leaving en-masse due to mining incentives and price fluctuations ...
if a well-resourced 'dishonest miner' attacker could build up a significant of quantity of mining power and ramp up hash-rate by bringing on-line an ever-increasing amount of compute, selling all btc the whole way and simultaneously drive price lower over the same period, squeezing out 'honest' miners ... then in a final act take all their mining power off-line during a final dump of price then it would leave the network hanging at very low block solving rate (long confirms) waiting forever for the next retargetting and a low price and take a toll on confidence ... the fix was to allow for a 'special' retargetting on the downside if it hasn't happened after a time-out, not just the set 2016 blocks.
Was this fix put in place?
I've had similar concerns about a "remove hashing power" attack
Would never happen to a big coin like btc: to much power needed. Like 99% attack...
1449.
Post 8889018 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
......we heading up now?
This is very overdue. So overdue, in fact, it may just cement the bottom as $380. Tons of people are/have been waiting to buy back since the low 500s. Bid sum just spiked over 1m in an hour.
1450.
Post 8890870 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
hash rate down 50% means new blocks are going to take twice as long. until dif re-targets...
CRYPTO IS DONE!
panic now.
Looks like a glitch; doesn't show up on sipa.be
1451.
Post 8891563 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
I wonder if this all is due to the new derivatives approved for Bitcoin approved by the CFTC. Basically, a big player takes a bunch of naked CDSs on Bitcoin (about 100 insurance policies per reference base) and crashes it intentionally. If somebody did that it would be a guaranteed massive profit.
I don't think that's it as this is such a new market, but this is an old Wall Street game that has been played with the other commodities. Note that since Wall Street entered, the price has dropped almost $300 (nearly 50%). You are all getting f---ed, you know.
they said they would do it
and here we are.
Who? Proof?
You're saying people are selling the equivalent of goxbux?
1452.
Post 8892467 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Bid side on stamp has beefed up decently, has Loaded arrived ?
Definitely seeing improvement there. Sure sign a bottom is near
Of course, bad news could change that.
1453.
Post 8896750 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Impressive, however I'm unconvinced the bottom is in just yet. I mean if I weren't going to bed right now if wait another hour to make a real prediction.
From what I see this is just a bull trap. Sell!
1454.
Post 8903955 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
My opinion remains the same: at the very least, we revisit $380... More likely, lower.
Still too much selling pressure and not enough buyers. IMO.
1455.
Post 8908531 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.14h):
Bitstamp bid/ask ratio have changed substanially since the last time I look
I think if the huobi wall at 2500 falls we might go down, as Newbie1022 said; watch the battle at 2500
Yep. It recovered a bit towards $430 but has since fallen again.
Bfx asks are very high. Crash seems likely tonight.
1456.
Post 8912416 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Finex:
USD 0.0675% 0.118% 19,981,943.88 USD
BTC 0.0368% 0.0085% 10,122.85 BTCLTC 0.0482% 0.0623% 132,347.66 LTC
Squeeze is coming!
What's it mean?!
1457.
Post 8912480 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
The fact the price can hover so close to the 'bottom' without resistance tells me there is more room to stop. China seems tempted to push for a new low right now.
1458.
Post 8912746 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Finex:
USD 0.0675% 0.118% 19,981,943.88 USD
BTC 0.0368% 0.0085% 10,122.85 BTCLTC 0.0482% 0.0623% 132,347.66 LTC
Squeeze is coming!
What's it mean?!
Interest rate for longs and shorts is about equal, which is very rare. Shorts are usually very, very cheap.
The number of shorts is huge. If the price rises significantly, they will be closed (buying btc) which will accelerate a rise.
This.
It's really positive there is so many shorts and the price is still above 400$. Few buys could force those "bears" to close their shorts! If we don't see more dumping soon the price could go back to 430$ (or more) in next 24h... rates are to high.
Why do you have the idea that the market can't drop without new shorts? And knowing how close a squeeze is without buyers trying to trigger a cascade is bad.
1459.
Post 8918067 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Wall pulled... market sell incoming?
EDIT: Yep.
1460.
Post 8919934 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
I'm sorry to be the one to tell you, sir, but the movie was 300..
Of course, this both confirms Half Life 3, and $300 bitcoins.
1461.
Post 8927477 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Bidwall from $280 & ~$370 moved to $398;
BTC800
monkey continues to say it trends down for a few hours (and days)
WTF is monkey?
1462.
Post 8927518 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
one step closer to the edge, you bitches better start dumping.
Yes why are they not dumping? Are bears waiting for someone else to do it or do they think the timing is wrong!?
They are dumping. In the last 24 hours there has been 3 large sells (
BTC1800,
BTC600,
BTC400) [And probably a couple more ~
BTC500]
On top of hundreds of smaller sells totalling a couple k
BTC.
Its just like $500 again. Or $600. Plenty of buyers. Once they are worn down the price drops again.
1463.
Post 8934748 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
350$ coins, coming soon!
Hmm, I dunno. It's at a really good point for an upward breakout right now.
Then again , the same goes for down. Both sides have accumulated nicely.
Still... I... Can't fight that feeling. Up!
1464.
Post 8940713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Breakout coming soon!! I still think up.
1465.
Post 8940861 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Breakout coming soon!! I still think up.
Enjoy the cheap coins meanwhile
Oh hell no, I would never buy at this price. If it goes to $200 I may consider it.
1466.
Post 8941956 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Why is Windows Media Player on your taskbar??
1467.
Post 8942815 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
4,100 down to 400 on bitfinex. Massive buying but still support growing fast as well
Huobi taking off
Yep. This is very bullish.
3k+ of new bids on OKCoin; 1k on Huobi, (none) on Bitstamp, and about 2.5k on BFX
1468.
Post 8942915 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Now is a good time to sell... ($445+)
Rebuy lower..
1469.
Post 8942999 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Now is a good time to sell... ($445+)
Rebuy lower..
CALLED IT. Suck it permabulls.
1470.
Post 8943077 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
LMAO, the stupid shit people come up with. Up, down, wherever we are going.. quit it with the 'so and so is pushing the price down'
No one would be dumb enough to do that. Too risky and COMPLETELY unnecessary. Plus, it hurts their long term prospects.
1471.
Post 8943160 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Panic bought, not very proud of myself
Let's see if this was a good move or not.
Whatever, bitcoin itself and fundamentals are pretty strong - Paypal keeping the slow but good pace.
You're not the only one - but I think it was still a good time to buy! Sub 400 was too cheap and this is a big development.
I told u noobs to sell at $445, 3 minutes later.. $420
1472.
Post 8943192 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Fake bidwalls fleeing on Bitstamp
1473.
Post 8943624 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Steady buying from those people who didn't see the news right away. Bitcoin moves fast.
Hope so and looks that way, there's a bit of a race for swallowing the downward pushes on stamp.
Most of those are part of a fake bidwall that has been creeping between $320-$420 the past week. Bitstamp is still completely void of anything but bears.
BFX is the only reason we arent below $300.
1474.
Post 8949075 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Looking more and more like a trap as time passes.
The Next 24 Hours are Critical ™
1475.
Post 8949278 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Looking more and more like a trap as time passes.
The Next 24 Hours are Critical ™
bulltrap or beartrap?
Bulltrap. Another break below $400 and we're really set for $300. A lot of bids have moved up on BFX + Bitstamp, to $400+. With them gone, the bid support below is much weaker than it was yesterday.
Of course if $410 and below are never tested... then, no worries.
1476.
Post 8958825 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Guys, my clue is pointing down.
Dumpers be like:
1477.
Post 8959751 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
That bid wall on Stamp is constantly changing. Is that Bitcoinity lag or someone pushing the place bid/remove bid button all the time?
It's whales trick to get attention (sign of desperation but sometimes works
)
Every time a trade at $425 executes, the wall adds another 1-2k. Clearly automated, and stupid. Maybe they're afraid that the depth without their wall is pretty meager.
This is a mix of issues.
First, the wall guy is flashing his bids. This confuses some Bitcoin charting websites and results in double orders (one bid shown twice).
Second, bitcoinity sometimes interprets sells wrong and removes (visually) orders for a few seconds, mainly the last bid or ask to be touched, so this can make walls appear to be pulled.
Mix this and you have walls that flash from not existing to bring double size even nothing happened.
1478.
Post 8960597 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Getting real close to that wall.. if it goes...
Well.. you know what happens next.
1479.
Post 8960634 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Getting real close to that wall.. if it goes...
Well.. you know what happens next.
Yes. Loaded gets some cheap coins for his customers.
Yeah, because Rich Man A knows so much more than all the other rich men who have dumped down to this level, right?
1480.
Post 8961313 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
Aaand... Pulled (mostly).
Hehe, good call!
1481.
Post 8961328 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
when did that 1k btc bid at $410 came up? did half of the $420 wall got pulled?
Yes
1482.
Post 8961698 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.15h):
The entire bid side of the Bitstamp orderbook is no longer enough to break through $500.
Bids: $4.2m USD
Asks to break $500: $4.7m USD
BFX:
Bids: $7.5m USD
Asks to break $500: $4.4m USD
10k asks to $500 on bitstamp; 10k bids to $200
1483.
Post 8988497 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
Am I a bear if I want the price to suddenly drop to $300 and then immediately moon?
I just want more coins and more adoption at the same time.
I dont think that would make you a bear. It'd be like burning $100 today with the promise of $100000 tomorrow. I dont think that means you hate money
1484.
Post 8999067 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
If we dont have bull rally to $420+ within 12 hours I think we go down to $360. (Within 24hrs)
1485.
Post 8999400 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
Gotta love the bullshitters voting $399
At least having an option like that weeds out the idiots.
1486.
Post 9003684 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
an inside source has told me that the coming week is going to be big
Really? And who are you exactly?
1487.
Post 9004407 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
1488.
Post 9004492 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
Calling it now: $360 bottom.
Pff, I called that yesterday.
1489.
Post 9004596 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
if this breaks 380 on stamp we are in for a world of pain, people might be paying people fiat to take their BTC away from them
I can take those offers
Stamp going for a double bottom (2h chart)... let's se how that works out
Huobi already broke that double bottom.
Ohhhhhh shitt!!
1490.
Post 9004623 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
Stamp
Already 1,844BTC to $400. Beautiful.
1491.
Post 9004736 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
Soon people who bought in the 100-250$ area will start moving their coins from cold storage/paper wallets...
1492.
Post 9004941 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
The asks are back with a vengeance.
1493.
Post 9005085 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
its the same wall that was blocking at 415 yesterday
Some of it. A lot is new.
1494.
Post 9006363 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
We already need 2k coins just to get back to 400. So no more 400 for now i think. These walls will keep pushing us down.
I don't see how this has anything to do with China.
2,500 coins on Bitstamp; 1,800 on BFX; 1,400 on BTC-E
1495.
Post 9006688 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
WHOA thats a ton of coins? Has bitstamp confirmed that is their address?!
SHIT!!!!
1496.
Post 9006937 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
WHOA thats a ton of coins? Has bitstamp confirmed that is their address?!
SHIT!!!!
FUD...
Shit guys it was just a joke
What?! NO JOKE!
Jeebus guyz!?!!?
The image above is definitely not altered in any way
1497.
Post 9006976 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
someone sent 4K coins to bitstamps
Yeah, read the fine print below the picture. I didnt want people to panic so I made it really small!
1498.
Post 9007528 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.16h):
Honestly, I really still blame Karples for everything since $1200.
Thank Willie bot for bringing the price over $100.
We'd probably be double digits right now without his work.
1499.
Post 9010391 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Price is going down, both longs and shorts are going up a little bit (but not too much).
The majority of the coins dumped are real BTCs and not just shorts.
Shorts went up for +1k today. At the same time longs are growing, which means that traders consider this price as a good long position
Shorts are not particularly high compared to longs so a short squeeze is not that probable now.
?
Shorts are near ATH...
$20m in longs, $4m in shorts....
1500.
Post 9011678 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Damn finex.. .move!
Is this the movement you were asking for?
1501.
Post 9020090 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Here we go again, whale pushing through another resistance point. Yawn.
Boom baby
1502.
Post 9021488 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
k this is bottom....
I still think lower, $330 being really likely
Next stop $280.
Then $170.
At any of those price points I'd expect major increases in buyers, aka bull traps or reversal.
However I don't see <$330 within the next 30 days.
1503.
Post 9022379 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
lol
Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.
8-15% a day
Do we really have to believe this?
Believe what? What is your point?
1504.
Post 9022409 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Was checking GABI page and found this
All those buyers! Incredible! Look at that rocket go!!!
1505.
Post 9022727 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
seriously can any one make sense of the movement of bitcoin prices?
maybe I missed something in the news but fundamentally it is complete bullshit what is happening?!
A: bear trap, no reason for it
B: Bitcoin is overvalued and moving towards a sustainable price
1506.
Post 9022812 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Ask yourself one question, why is finex bid side so populated with more than 12k coins down to $300. They want these coins cheaply with margin calls.
How about ask why the bid sum is so low overall?
I do agree 100% that the BFX activity is really peculiar. It's possible that an entity is selling on bit stamp to trigger sells into much deeper bids on bfx.
Possible... Not extremely unlikely, even, but I won't put my money on that bet. Good luck to those who do, because I still never sold a coin despite my pessimism, that has been validated so far.
1507.
Post 9023557 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
About BTC2k of walls pulled from mid-high 400's on Bitstamp.
To be moved down or market sold? Hmmm.
1508.
Post 9023623 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
About BTC2k of walls pulled from mid-high 400's on Bitstamp.
To be moved down or market sold? Hmmm.
Fsck, first time its dropped in a long time. A lot of that wall is one trader and I'd guess that's most of the stash if its there to intimidate.
Yeah. Also I just noticed its 3k, not 2k.
1509.
Post 9023746 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Almost 5k to get back to 400.
Obviously we must go down even more.
in rally mode it one would say "only 5K to 400, its going to rocket there any minute!"
sadly bitcoin is definitely not in rally mode.
Eh. In the good 'ol days, a 30k wall was "huge"
Today, a 3k wall is huge.
1510.
Post 9023976 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
Smashing thru 2300cny
1511.
Post 9024013 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.17h):
a bunch of models in the background, i like it
who needs models look at that sexy machine
I noticed the models first, too... Maybe that shows that I am a bit of a perv?
that is so bearish!
i didn't even notice the girls until someone someone said somthing
<- true bitcoiner high on koolaid
Honestly I didnt notice them either. Then someone pointed out there were models and I saw the one on the right. Then it got quoted again and I saw the other ones
I spent a lot more time looking at the photoshopped shadows of the ATM
1512.
Post 9046536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Peculiar situation.
Market seems ready to move up, but it's not going without a fight.
The dumping is looking more manipulative at these levels. Possibility we go lower now is still there, but not that likely.
I'd say without breaking $400 in the next 24 hrs, the likelihood of more dumps is exponentially higher.
1513.
Post 9046706 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Please drop.... just another 20%... one more time... for me? Need more cheap coins... please...
It must be awful briefing believing your investment will increase 1000 fold at 340 but only a measly 800 fold at 390. Clearly, you have so much faith in this investment that you announce to others your intent to buy if they sell.
1514.
Post 9046828 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Please drop.... just another 20%... one more time... for me? Need more cheap coins... please...
It must be awful briefing believing your investment will increase 1000 fold at 340 but only a measly 800 fold at 390. Clearly, you have so much faith in this investment that you announce to others your intent to buy if they sell.
20% for an additional 200 rounds adds up quite quickly...
And yet it's totally insignificant in the grand scheme of things. Buying at $340 vs $390 will have very small effects on your average buy in price.
So 1000x from now, you have $40m USD if you get your last buy in at $340, or $39m at $390.
Presumably your proposed buy is at least 10% of your your total Bitcoins that you own now.
So you are saying 'I'm trading $4m USD of guaranteed gains for a slim chance at $5m USD gains'
Tell me how that isn't stupid, and clearly bullshit.
These numbers are not spot on for the hypothesized info I gave, bit they're fairly close.
1515.
Post 9055598 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Huobi:
Price 2307
Total asks: 2500 coins
Bids to 2000 8000 coins
Snapshot of the exchanges shows good visible orderbook support here. Sentiment is at rock bottom but it will take a lot of selling to push through this by the bears/'Manipulator'. Conversely it wouldnt take much to lift us back up over 400. Are there really only 2700 coins on the ask orderbook on huobi when 3800 were sold earlier in a short space of time?
Where did you get these numbers???
Asks to 3,000CNY ->
BTC10,000
Bids to 1,500CNY ->
BTC11,000
1516.
Post 9055683 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Huobi:
Price 2307
Total asks: 2500 coins
Bids to 2000 8000 coins
Snapshot of the exchanges shows good visible orderbook support here. Sentiment is at rock bottom but it will take a lot of selling to push through this by the bears/'Manipulator'. Conversely it wouldnt take much to lift us back up over 400. Are there really only 2700 coins on the ask orderbook on huobi when 3800 were sold earlier in a short space of time?
Where did you get these numbers???
Asks to 3,000CNY ->
BTC10,000
Bids to 1,500CNY ->
BTC11,000
Wisdom/ bitcoinity
I dont understand how you could reasonably think there were only 2,500 asks on the entire orderbook.
1517.
Post 9055756 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
I thought it odd and posed the question derpinheimer. You are the first to answer.
Edit: wisdom still not displaying the asks correctly.
Huobi doesnt "send" its whole orderbook to the exchange monitoring sites like bitcoinity/wisdom/etc
You can only see it on their website, here:
https://www.huobi.com/trade/index.php?a=depth
1518.
Post 9056145 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Major volume standoff @ 2300 on OKCoin
1519.
Post 9060170 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Rabobank is in the top 30 biggest financial institution in the world.
They repeatedly said they won't help bitcoin business. But they are testing ripple.
Conclusion: Bitcoin was the experimentation, ripple is the future for the value web.
1520.
Post 9060428 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
lets talk about doge.
is it going to the moon?
how long?
will it dip lower b4 it moons?
how low?
buy orders set at 40 - 60 satoshi for the time being (next few months)
With the supply drying up and interest only growing I wouldnt be surprised to see it bubble to 400 - 1000 satoshi in the next year
ok i'll join you if it goes to 39
Thats too risky. I'd wait until 36. /s
1521.
Post 9060452 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
How dumb can one be: Keeping Your 750 BTC on Your Bitcoin-Qt client on Your MacBook and then going online withit on public WiFi when travelling to Bali
Respect, "former computer science student"
will do some really stupid thing now and then. People are said to be "smart" if they do it
only now and then.
The article I can find on this is really fucking terrible. However, I cant feel much sympathy for him.
As long as the thief left him behind a couple % of his wallet, then they are fine in my books too.
1522.
Post 9060949 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
1523.
Post 9066092 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
another round of dumping on stamp.
Add up the amount this troll is dumping,
Has anyone done that yet?
I was tracking it for awhile, but it was in the tens of thousands over a week ago. I stopped when it was no longer obvious it was the same entity dumping.
Could still be the same people? Sure. But they don't act the same as the dumpers from $500.
If you go by quantities sold its probably nearing 100k now, ignoring people who bought back lower. There is nothing conclusive to show Mr 10k dumper ever bought back, but certainly many others have or are trying to.
1524.
Post 9066346 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Are there still people here who think the dumper(s) is doing anything else than just trying to kill the market?
If so, please show me something that will convince me this is not the case.
If a gvt or bank wants to kill BTC it is easier to do so by pumping to death an alt and make it No1.
Or no?
I think a government or bank can do it way easier than this. I don't think that's what happening here.
I have no clue who else would do this and why. It's just that i can't find another plausible explanation for this market behaviour.
Maybe our mod who kept crying how there is no manipulation can explain this to us.
Willy bot pumped the market on fake money.
Now, inflation is bringing the price down, since there isn't a bot creating constant buys.
Soon, holders will panic - if there isn't a reversal.
Right now big money is doing everything it can to prop the price up to protect their asset(BTC) but the inflation is too damn high.
1525.
Post 9066601 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Willy bot pumped the market on fake money.
Now, inflation is bringing the price down, since there isn't a bot creating constant buys.
Soon, holders will panic - if there isn't a reversal.
Right now big money is doing everything it can to prop the price up to protect their asset(BTC) but the inflation is too damn high.
If a bot can pump up the price, why can't a bot dump down the price?
Because Willy bot bought real Bitcoin with fake USD. Unless one of the exchanges is selling fake BTC for real fiat, then they are not the same
1526.
Post 9069010 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
The next 24 hours will be critical for what the BTC price will be tomorrow.
Indeed. A true philosopher - all of us have what it takes in the world renowned "Wall Observer", hosted by our Lord and Savior.. none other than adamsgbit.
Ps what are you all doing with my cheap coins? Please give them back-it's not fair! I will tell the government peoples to audit you!!
1527.
Post 9069093 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Huge pumps? Time to buy? All i see is green @1min graph
Nope its a trap the bottom is 340 it will bounce from that wait some more time. because if it brake 340 hell then !
well fook now everyone is going to sell to 350, and a few panic sells after that will break 340
we are doomed!
Well i think if panic selling start (i hope not) we will see $300 max somewhere there bulls awaits.
They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail. (Not being replenished 1:1 as they once were.)
Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.
1528.
Post 9069152 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.
Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.
what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement
I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted
1529.
Post 9069199 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.
Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.
what makes you think that they are out of ammo? possible "they" ain't showing everything "theeeey" got. no need to show your full force when a fraction of it is enough to cause a desired movement
I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted
I would say opposite.. bears are exhausted and bulls are just getting warmed up... still waiting for LTC dump to happen so btc can finally bottom.
It's possible. Buying pressure through market orders is way up this week. Something has to give.
1530.
Post 9070204 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Mini pump, then fall to another lower level, then another mini pump below the last one, followed by another dump
So predictable
This seems to be exactly what is going on right now. Im sitting on the sidelines ready to buy more. Just dont know what price I am happy with. I have already bought more than I was planning on with this last dip
The dumping will be over soon
We are bouncing from $360 3x times now.
Like all them bounces at $380, it's moon time!!!1!1!1
1531.
Post 9070945 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Quite frankly, I reckon the smartest thing right now is to go in with ATLEAST 30-50% of your whole capital and pray
Maybe we'll go a bit lower
i'm planing to buy just a little bit everyday
not looking to catch no bottoms
Currently, I am exercising a variation of that kind of a practice.. buying frequently, but trying to catch the bottom within that 1 day or 2 day period (depending on how frequently i am buying).
Edit: By the way Adam, is your average buy in price in the black or the red, currently?
Bottom chasing is a thrill. Catching tops... I'm not so fond of.
1532.
Post 9071555 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
This here..... there should be a break above $400 before continuing much lower (At most $5 more down, I'd imagine)
EDIT: 1 million dollar bidwall at $301
1533.
Post 9071763 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
Bears fuck up bitcoin. You can be proud idiots.
BAD INVESTORS! STOP SELLING AND TAKING PROFITS! GRR! LIVE IN MY EUPHORIC PERFECT WORLD WHERE BITCOIN IS #1 AND ITS THE ONLY THING THAT MATTERS!
Welcome to the real world.
lmao @ adam
1534.
Post 9072419 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
...
Thankfully God will be the judge of that. Many will hate me, and obviously many do, but that is OK. People didn't like Jesus either so I am in good company...
Comparing yourself to Christ? Dat humility
LMAO, Right?
Heres a quote from what BitChick would probably consider a schmuck.
1535.
Post 9074251 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.18h):
I am the chairman...........of the bored.
Don't worry.
LOL
1536.
Post 9082147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
the bull seems pissed off.
Lmao. This may have been the crazy volume low. Some people are definitely betting that now.
Doubtful though. That was really powerful.
1537.
Post 9083139 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
There was a hidden bid wall on finex at 325 right now!
That was an ask wall...
1538.
Post 9084866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
Huge farm just turned on somewhere, hashrate is over 340PH
Hashrate is up over 50% today! SHIIIIEET!
1539.
Post 9084899 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
Huge farm just turned on somewhere, hashrate is over 340PH
Hashrate is up over 50% today! SHIIIIEET!
holy fucks!
OMG
THIS IS CRAZY!
this isn't showing up on bitcoincharts
Im not sure, I've never used coinorama to look at nework stats before but I clicked it by accident. Maybe its not reliable. But BTC-Charts and the other ones arent either - they update only a couple times a day, if not once a day. coinorama updates a lot, if the graph isnt lying.
guess we will see later today
1540.
Post 9084935 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
It has to do with random variance spikes in the times to find blocks. You can see different time averages at this site, the graph posted looks like a shorter term average like the 8 hr average:
http://bitcoin.sipa.be/So sometimes the overall network just gets fairly lucky for a few hours and finds lots of blocks more quickly than usual, leading to a higher estimated hashrate than really exists. OR maybe yes some huge farm just got turned on. You can't say for sure until you let more time go by and see what the longer time averages turn out to be.
OOooooh, good info. So when the hashrate is measured its not actually a measurement of the hashrate, its just saying how much faster or slower the network is getting blocks than it should? SORRY FOR THE FALSE ALARM ADAM
1541.
Post 9086271 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
Dem dumps
1542.
Post 9086368 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.19h):
Just looking at the daily chart (stamp): out of the last 28 days (not including today) 21 have been 'red' days.
I'm struggling to find a period in BTC trading worse -- and I've been looking at 2011 and June - August 2013.
I find it crazy that there hasnt been a single bulltrap in over 2 weeks of pure downtrend.
-30+% in 30 days and seemingly no panic about missing the train...
Very bad? Or just a very overdue trap? I cant see how $400 wont be revisited before $300 falls, but I said $355 or so was a bounce point yesterday and yet here we are.
1543.
Post 9093772 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
This volume.. holy shit.
1544.
Post 9095509 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
A lot of people on Finex are waiting to get cheap coins again...Orderbook bid side got wiped out until 275$ a few hours ago, now there are already 5000+
BTC bids again
What happens if they have to chase the price getting higher and higher?
i see you have changed your position lol
This noob became bull at $360
1545.
Post 9095519 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
This time it's smaller by 2k
Probably because he dumped some to ignite panic.
He already sold like 7k
1546.
Post 9095532 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
I think we will start chewing into that massive wall if it doesn't get removed sooner or later
Might take a few days though
That wall want be there once new fiat arrives on the exchange
Desperate bull.
1547.
Post 9095570 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Even if the wall were eaten, its just going to deplete the market of a huge chunk of money. If its fake? Well.. that seems unlikely considering they are old coins.
1548.
Post 9095660 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Even if the wall were eaten, its just going to deplete the market of a huge chunk of money. If its fake? Well.. that seems unlikely considering they are old coins.
It's most likely somebody waiting for fiat to arrive at the exchange to buy more coins (it's fake)
Right, a guy who bought 40000 coins at $9-$11 and hasnt done anything but sell since is going to put a bunch of money in BTC now at $300? Get a grip.
1549.
Post 9095737 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Even if the wall were eaten, its just going to deplete the market of a huge chunk of money. If its fake? Well.. that seems unlikely considering they are old coins.
It's most likely somebody waiting for fiat to arrive at the exchange to buy more coins (it's fake)
Right, a guy who bought 40000 coins at $9-$11 and hasnt done anything but sell since is going to put a bunch of money in BTC now at $300? Get a grip.
http://bbsimg.ngfiles.com/10/22212000/ngbbs4d0fde07b68f4.jpg[/img]
How do you know he bought at $9-$11?
This is their address:
https://blockchain.info/address/19Gt9VKmmyMpMHEv6dkf8ddwmwddoSoJ8w
1550.
Post 9095769 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Yep. I tried to edit in some of his history in that image above, but must have saeved the wrong one. Below those small 3/12 btc sells etc are about 5 more sends ~1000BTC in May 2013
1551.
Post 9096177 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
There's a premium that would need to be paid for someone to acquire 30K.. look at the USMS Auction. To show a 30K wall would be completely stupid unless, of course, it's just designed to scare people. It's working.
And yet nobody wants to buy it
Ex-fuggin-zactly. No one wants this shit. You wanted cheap coins? Here they are! No? You wont buy until $274? Oh ok. Tomorrow: $260. Oh, you wont buy until $259?
Oh, you are actually just a desperate bulltard trying to pretend these prices are sooooooo low and the steal of a lifetime... all the way from $600? Eat shit.
1552.
Post 9096235 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Doesn't look like 300 will hold on stamp
So before I go to sleep.
What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall?
Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins?
Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling.
Theories?
My theorie, its some one that whants the price to go down. They are not intending to sell, otherwhise they would not have closed the sell wall and put it up higher.
And with 30k I think that they can well bring it to 100 -130 if done right.
The question is, who and why
Wild speculation would be, that the winklov brothers need more Bitcoin for there ETF. So they are trying to bring the Price down. ^^
Who is to say the wall wasnt there to:
Sell many thousand coins eating the walls on $300 (He sold ~5k)
Sell a couple thousand from bulltards who buy the wall, immedately after placed (He sold 2k)
Remove most of wall and leave a few k behind to get panic bulltard to eat them (SOMEONE sold 3k here)
Rinse and repeat until 40k coins are disposed of.
1553.
Post 9096263 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
China starting to get a bit shaky.
1554.
Post 9096368 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Battle of the manipulators?
The instant the wall was pulled, BFX went nuts. It wasnt the other way around.
At first I though the price started to rise on BFX and the wall guy removed it.. which would lead me to believe it was fake, but that is not the case.
He might have been moving it down and now is confused as the price just shot up.
1555.
Post 9096441 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
There's a premium that would need to be paid for someone to acquire 30K.. look at the USMS Auction. To show a 30K wall would be completely stupid unless, of course, it's just designed to scare people. It's working.
And yet nobody wants to buy it
Ex-fuggin-zactly. No one wants this shit. You wanted cheap coins? Here they are! No? You wont buy until $274? Oh ok. Tomorrow: $260. Oh, you wont buy until $259?
Oh, you are actually just a desperate bulltard trying to pretend these prices are sooooooo low and the steal of a lifetime... all the way from $600? Eat shit.
I'm not buying, I haven't bought this year, and I don't remember saying that these prices are the steal of a lifetime. Be civil or "eat shit" yourself.
My post wasnt directed at you, its directed at the same people who keep saying every price is the bottom.. for the last $300 of price dropping.
1556.
Post 9096470 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Some trolls here still try to deny that he is using the oldest trick ever aka buy everything up below your sell wall...
A lot of people/trolls here probably don't even know such a trick exists.
Right? Remember all those walls flashing in and out at $450? Those were soooo fake! Damn sneaky bastard got himself some cheap coins! Good thing no one bought his walls!!!
1557.
Post 9096823 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
NEW VOTE PLEASE:
350 BY TOMMOROW?
1. YES
2. NO
3. 400
no, at least not for a significant period of time.
1558.
Post 9097005 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Cup and handle collapsing?
1559.
Post 9097124 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
You are clearly advertising that website... its not even complete.
RESERVE USD: $2000
RESERVE BTC: 20
Really? This is rally material?
1560.
Post 9097525 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
139btc sell for $290.. wow.. such awful depth
139btc.. for $20 LOL
1561.
Post 9097554 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Only 24k coins now
Maybe this fuckwit is selling his stash for real...
Yep
He has now sold between 9,000 and 13,000BTC, with ~25,000 left.
1562.
Post 9097594 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Only 24k coins now
Maybe this fuckwit is selling his stash for real...
Yep
derpinheimer, how is your pos. in bitcoin right now?
Bullish or bearish?
Im extremely bearish, have been since $600.. but I'm not selling. I lost abt 50% of my coins on MtGox and 10% on alts. Whats left isnt significant enough for me to worry. If it goes up, I'm happy. I just dont see it happening.
Plus, most of my coins are from mining in the early years, and I made quite a bit daytrading earlier this year... so any price = gains for me. But I wont sell.
1563.
Post 9097628 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Im extremely bearish, have been since $600.. but I'm not selling. I lost abt 50% of my coins on MtGox and 10% on alts. Whats left isnt significant enough for me to worry. If it goes up, I'm happy. I just dont see it happening.
Plus, most of my coins are from mining in the early years, and I made quite a bit daytrading earlier this year... so any price = gains for me. But I wont sell.
Alright, you won't buy any more coins then?
No. I really doubt that the price wont rebound at some point in time to maybe $500, possibly $1000, but to me the end game is always double digits.. its just a matter of how long the ship can float. But again, bitcoin is like a lottery ticket to me.. with much better odds.
No
manipulation?Give me a break man!
Hes already sold 10k coins man... hes serious about selling.
1564.
Post 9097651 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Bulls have bought ANOTHER 2k coins from the ask wall. Its still standing.
1565.
Post 9097677 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
So who here remembers the 10K wall around $270 before the last bubble? That was so fun to watch when someone bought the whole thing. Maybe this is another "meeting" of a buyer and seller, unless they just want to sell what they have left the smart way, because dumping would bring us around 0.
I do remember that. Could have eaten his own wall though.
Just remember this: This wall is soaking up every last USD on bitstamp. This is gonna cause big issues in the future.. where BFX, Huobi, and OKCoin are still full of buyers are Bitstamp is completely void of anything but bagholders. Could be a blessing in disguise that he didnt split these coins across multiple exchanges. Or, it could just end really badly if bitstamp ends up dumping hard.
1566.
Post 9097935 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
The lack of sales in front of the wall is mind boggling.
Even crazier is the continued buys in to the wall.
Shall we guess how long until he pulls the wall? Over or under 1 hour?
He is doing a shitty job of accumulating this time.
Another clueless bulltard in denial.
1567.
Post 9097964 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
finex is bullish.
Finex doesnt have a black hole sucking up all the fiat.
Continued sells on the way down -> Lots of previous sellers become buyers waiting at the bottom <-- Finex
Mega-bear sells on the way down -> No one left to buy at the bottom <-- Bitstamp
Quite impressed that there's no panic whatsoever on stamp anymore right in the face of a seven million dollar sell wall. Everyone's just so over it. The weak hands have left the building, and honey badger has taken over and is casually munching on wallzilla's toes. Can we call the bottom now?
Its just a matter of time before people panic. It might even be after the wall is eaten. But the black hole will have siphoned over 10m USD eaten or market sold. Thats big in bitcoin land.
The lack of sales in front of the wall is mind boggling.
Even crazier is the continued buys in to the wall.
Shall we guess how long until he pulls the wall? Over or under 1 hour?
He is doing a shitty job of accumulating this time.
Another clueless bulltard in denial.
The post you quoted is exactly the reason why there is no asks in front of him. After he pulled it twice people are expecting him to do it again and don't want to be played again.
But if he leaves it there longer now and not much of it get nibbled than we'll start to see asks and some market sales, though, there's no bid for market sells.
My opinion as well. People are buying it thinking that the guy will remove it, and then there will be a wave of panic buys. Its not even unlikely. But we've seen that the wall will come back.. so..
1568.
Post 9098069 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Actually, this might be genius. Stamp volume has slowed to a crawl, but the other exchanges are still trading. He might be accumulating at $302 everywhere else.
We've already gone over how this is someone who bought coins for $10.. yes, these 40k coins he only paid 400k for. Hes selling.
Yep, going down AFTER wall would eventually be eaten is very, very strong posibility if that wall would be eaten by masses and not in one go or two. There would be literally no money left for any significant rally, only bagholder one.
Looks like he really wants to sell and only hope for that to finish as bullish thing is it being bought with new money.
Exactly my thoughts! If megabullwhale comes across and buys it, then shit, this is at least one solid leg for awhile and the price would probably visit $500+ again by the end of the year, if not way higher.
But if it continues being all the little people throwing a couple bucks at it, then.. down..
Actually, this might be genius. Stamp volume has slowed to a crawl, but the other exchanges are still trading. He might be accumulating at $302 everywhere else.
no way he'd be losing a lot more coins then he is buying up anywhere else.
this can't be...
actually no if hes buying from himself on stamp
ANd he would do that... why? So he can pay a fee on his own coins, to make the market more bullish, and .... god these bulls.. you people need to get some sleep and get out of lala land.
1569.
Post 9098093 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Interesting ask bid on Stamp at 299.99. Every time it goes down below 230, it resets at 248 over and over again.
site must be glitching out, nothing odd happening on bitcoin wisdom.
1570.
Post 9098267 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
OMG ONCE IT HITS 19,999.99 ITS OVER. THAT WALL IS GONNA FALL LIKE THE LEANING TOWER OF PIZZA
See right there? Just a few nibbles from the bottom and it just goes BOOM.
1571.
Post 9098304 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Next year we'll all be telling the story about the 30K Stamp wall when people freakout over a 5K wall.
We often freaked out about a 3000 wall in the last weeks...
BTW, how large was that wall on Gox @266-270 before we shoot through it? 20k?
only 10
that was marks 10K wall on stamps right b4 the news came out that mtgox had imploded @620ish
no i meant the one in November before the runup to the new ATH
That gox wall was def 10k and only lasted a few minutes. Loads more buying pressure then.
This thread is full of history. If you wanted to, you could dig it up and see what were once live-reactions
Its a guilty pleasure of mine
1572.
Post 9098370 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
OMG ONCE IT HITS 19,999.99 ITS OVER. THAT WALL IS GONNA FALL LIKE THE LEANING TOWER OF PIZZA
Do you honestly think he will leave it there until it is eaten?
He has pulled the wall twice already, 3 times if you include his bid walls.
I was called a bear earlier for saying the Huobi wall at 2000 wouldn't survive (and couldn't even accept the 60 btc bet before the wall was gone...literally 5 minutes), then I get called a bulltard for wondering how long the whale would leave his wall in place this time. Ever hear of pragmatism, people?
At the rate people are nibbling on it? Maybe. But more likely he removes it again, lets bulltards build up more walls on $300, and then does a final mark sell down to $250 or so where he sells the rest of the wall.
1573.
Post 9098406 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?
Never this stable, no... its prettty eerie LOL
Only 10 BTC missing for me to have enough BTC to buy the entire wall in one go, so send me 10 BTC and I'll do it
I dont think thats how it works
do you believe this is the bottom??
because i am worried to sleep
At this point, why sell? I wish you luck. Maybe put an ask order at $340 if you are really worried.
1574.
Post 9098508 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
What do you guys think about this theory talked about in the BTC-e troll box.
Its the 2013 gox wall all over again. He's creating a pressurecooker while buying on all other exchanges, hes been downtrending stamp and thus BTC for months, now he is selling to USD while buying BTC and using the USD later on stamp to support the new rally.
Its a load of shit. This is a real sell.
Also lmao @ that wall whale pic
1575.
Post 9098899 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Hell, 1300 or so bought in a minute about ten minutes back
In total we are nearing 15k-20k bought I think. (Well, about 7k to market sells, and the rest to people nibbling on the wall)
1576.
Post 9099161 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
So many fucking buyers.. I cant believe they are still trickling in
Notice that with the little rise in China the buys are getting a bit more frequent @ stamp.
Would be funny to see walls get pulled from BFX and get sent to bitstamp. They must be so jealous LOL
1577.
Post 9099217 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
we tried to fix it with duct-tape
but the coins were still leaking out
if you can't duck it fuck it. lmfao.. literal interpretation of leaking bitcoin from hot wallet HAHAHHAHA
Bitstamp:
1578.
Post 9099435 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
Ask wall just grew by 2.5k
Well I guess he can buy back some of his coins cheaper now >.<
Um, what?
1579.
Post 9099442 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
1k market order (buy) lol
Bulls are dumber than expected.
1580.
Post 9099453 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.20h):
WHy must I need sleep? Expecting >$300 by then... a short lasting $350 or so.
1581.
Post 9103684 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Bitstamp is totally exhausted, I think there will be still some downtrend.
Everyone please ignore this idiot, I just did...
Lol, retard bull is angry with logic.
1582.
Post 9103886 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Why Klee is such an angry twat:
FYI I got
ALL IN on the way down @353$ I am buying 5btc for every 10$ drop, lets see if I get broke!
How much have you bought in the past 2 days?
I started buying @390
5 @390
5 @380
5 @370
OOPS! BAHAHHAHA.
1583.
Post 9103950 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
btc-e is still higher than stamps
nice
trend reversal?
People are calling it that based on the graphs, but its very unlikely.
1584.
Post 9104507 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Look at all the little baby profit takers selling right before the $350 wall.
A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol
I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.
The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it.
Now $350 is too high for those who didnt want in at $300, and the demand is a
lot lower (Only applies to Bitstamp) Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.
1585.
Post 9104557 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Look at all the little baby profit takers selling right before the $350 wall.
A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol
baby profit takers?
that 2 k wall is pure profit.
btw, if mr 30 k wall is out of ammo, he is more stupid than I thought.
but my gut is telling me that he is awaiting train pics.
And more people who still havent grasped that it was an early adopter cashing out.
1586.
Post 9104590 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Look at all the little baby profit takers selling right before the $350 wall.
A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol
I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.
The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it. Now $350 is too high for those who didnt want in at $300, and the demand is a
lot lower (Only applies to Bitstamp) Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.
Wrong. That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally. It was completely engineered. It was probably their own btc sell wall.
You are delusional. It was a real sell. Get out of lala land.
1587.
Post 9104643 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Look at all the little baby profit takers selling right before the $350 wall.
A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol
I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.
The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it. Now $350 is too high for those who didnt want in at $300, and the demand is a
lot lower (Only applies to Bitstamp) Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.
Wrong. That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally. It was completely engineered. It was probably their own btc sell wall.
You are delusional. It was a real sell. Get out of lala land.
A big whale can sell to themselves if they are the only one(s) on the exchange. Show me the Average Joe buyers.
What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.
1588.
Post 9104703 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Look at all the little baby profit takers selling right before the $350 wall.
A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol
I dont get why people are comparing the 30k wall at $300 to the whole orderbook or smaller walls at higher prices.
The reason the $300 wall fell is because after dropping so much, there were tons of buyers waiting for a chance to buy in. They got it. Now $350 is too high for those who didnt want in at $300, and the demand is a
lot lower (Only applies to Bitstamp) Has this 30k wall appeared at $600 while the price was fairly stable, it wouldnt have been bought. Its only because we are in a downtrend that it fell.
Wrong. That was whale shorts (shorting since 600) that had help in securing a fixed cover position, without affecting the price and causing a rally. It was completely engineered. It was probably their own btc sell wall.
You are delusional. It was a real sell. Get out of lala land.
A big whale can sell to themselves if they are the only one(s) on the exchange. Show me the Average Joe buyers.
What? The wall was eaten by hundreds of smaller buys... no single "whale" ate a large enough chunk of it to seem odd. Biggest buy was like 2.7k.
Also. that fee would be enormous.
Plus it coincides perfectly with the transfer of 40k BTC yesterday. 40k transferred 10-05-14, 40k sold on bitstamp a bit later.
I heard the last 11.5K was eaten in one gulp. Did I hear wrong?
Yep, its because people dont understand how bitcoinity displays purchases.
If 100 people buy 1btc separately, at the same time, bitcoinwisdom would show 100 1btc trades go by. Bitcoinity would show one 100btc trade.
Bitcoinity will "reset" once a trade goes by at a different price. So, imagine you have a 5k wall at 299.99 and a 5k wall at 300.00... you could have up to 10k of volume displayed trading at 300.00 on bitcoinity, trading "seconds ago" at $300. (because 299.99 is rounded and does not reset the "counter"), and each additional trade in that range continues to update the timer to "a few seconds ago", even if 10,000 of it was bought an hour ago, and someone bought 1btc then. it would show 10,001btc "a few seconds ago"
So, the last 11000 btc were eaten without a single seller, or something of the sorts.
Some guy has a spreadsheet showing every trade, so you can see:
https://docs.google.com/spreadsheets/d/1ZZaXtuRJ_Ppo1_R2UczZSIpyreGjxpUMDsimbPneGq4/pubhtml?gid=928136785&single=true
1589.
Post 9104750 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.
Also, I find the amount of people reciting ,"WALL WAS PULLED" "IT WAS FAKE" "ANOTHER 30K WALL INCOMING" "WALL GUY FELL ASLEEP AND GOT F'CKED" very irritating, since none of that is true.
1590.
Post 9104840 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
I think the initial buyers were retards. If you are buying 1 btc, and there is a 25k wall, you should wait until its almost gone.
If everyones does that, how does a wall ever gets eaten...
From big players, who can appreciate the slippage free buys.
1591.
Post 9105021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
@ tarmi -
longs closed 342
shorts opened @339
Waiting for 320-325$
Maybe 315$
longs closed 340
did not open shorts, but I did open my laptop, cause I spilled some coffee on keyboard.
btw, I dont know if it is smart to post our positions here.
:*
honey badger don't care man.
nor do I, man.
I have some work to do now.
I think a lot of us have some work to do after wasting time staring at charts a few hours ago
1592.
Post 9106870 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
It's too soon for the bull trap to be closing, but sub $300 on bit stamp wouldn't be totally out of line before revisiting $375. Bfx is really oversold.
1593.
Post 9108115 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Whew... wow man, look at all that rising volume! All that buying, wow. People are just killing themselves to get at these cheap coins.
My sarcasm meter is off the charts, but I 'disagree'. It could be a lot worse.
Still expecting some panic led by bstamp though.
1594.
Post 9117965 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Im really amazed that few people are trying to sell their $300 coins for a quick buck. The stability at $330 is pretty damned impressive.
Anyone have some nice lines on a chart that might show when a breakout is due?
1595.
Post 9118256 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Im really amazed that few people are trying to sell their $300 coins for a quick buck. The stability at $330 is pretty damned impressive.
Anyone have some nice lines on a chart that might show when a breakout is due?
Fucking retard,
btw was going downhill , some guy sold 30k coins , now the market is a bit confused but we will go down much more because everyone is getting out of bitcoin.
Its the truth.
If "everyone" was getting out of bitcoin as you say the price would be a lot lower than $330!
For those of us that have been around a little longer than a week or two there were similar comments when the price hit $60 last Summer.
Bitcoin is doing very well. The price will swing the other way fairly soon here I believe.
I wil printscreen this post and I will pm it to you when USA BANS BITCOIN.
1596.
Post 9118313 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
People are so stupid, bitcoin is the primary currency of most darkmarkets, that is, a multi-billion dollar industry. It may go lower than 300 at some point but it is not going to die overnight or in the near future. Only when these darkmarkets transition to a superior more anonymous currency/platform we will see the true end of bitcoin.
This is actually a really damned good point. I don't see that this would be a major factor for more than another year or two, but it does give it some intrinsic value in the double digits.
1597.
Post 9119817 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
People who are getting out always feel the need to tell others to do the same. It shows how insecure they are.
Same goes both ways. Only difference is, bears say "I SOLD"
Bulls say "I'm gonna buy... if it drops a bit more!"
1598.
Post 9121882 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Why put 30million into blockchain.info when you can just put 30mil into bitcoin itself? 30 million on stamp would wipe the books.
Good luck getting that 30 million out without losing 75%+
1599.
Post 9124207 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
That fork word scares me. Can we call it something nicer, like a pony?
1600.
Post 9124224 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Yes! That word is powerful and inspires confidence.
We shall call it a Ripple!
1601.
Post 9124332 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Looks like we are gonna roll over again.
Gotta love this bumpy ride
Still no decision. Come on traders, pick one..
1602.
Post 9124388 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
redacted
This is disturbing and very... disturbing. In appearance. It appears. Sexual.
1603.
Post 9124528 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
China aint happy this fine morning.
1604.
Post 9130760 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.
So how do I cash in on this when you're wrong?
Already happening... wanna bet on it? escrow?
500 BTC ok and Theymos as escrow?
Too high... 50 btc sure
Nah, that's not enough to be fun. We'll just have to see if you're right.
You're a joke.
1605.
Post 9130997 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
The $300 dumper on Stamp just officially lost 1.5 million dollars!
No he didn't.
Source?
We've seen him sell. Did you see him buy back?
His coins wouldn't have sold at $350.
1606.
Post 9131113 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
Wait, now you're suggesting you really had no intention of betting? Even if he did take you up on the 500BTC bet? Lol...
Ignore the troll.
1607.
Post 9132376 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.21h):
During the downtrend, it was a constant upward pressure with large dumps.
Now we have constant downward pressure with... Occasional medium buys and sells.
Signify a reversal? Or a failed reversal? Hm.
I'm still in total awe that stamp is not dumping. Money must have been sent there after bearwhale.
1608.
Post 9142692 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
If it weren't for the obvious manipulation on bitstamp, I'd be so fcking bullish rite nao.
1609.
Post 9142780 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
13,200.49 BTC shorts
Cut the loose before its too late, this is last chance to sell above 250$
Nice try. That's 5 million dollars worth of bears now *committed* to buying bitcoin.
Im not really good with understanding shorts and longs, but my thought is:
Short: Someone offers you to sell their coins, with daily interest (or other agreed rate), which you then can buy back at a price of your own choosing? How does the leverage work?
Long: Someone offers you to sell their USD, with daily interest, which you can then... same question - how does the leverage work? And must a long also buy back USD?
They both show on the orderbooks as any other order, with the condition they must be bought traded back at some other time?
So 13k btc of shorts mean 13k btc must be bought, at some time.. but 20m longs means.. $20m usd must be bought as well???
1610.
Post 9142959 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
I would sell 2 days ago at $330 when it's now $380.
fuck my life
If you're worried, thats only a 10% loss or so. Why not buy half back at a loss and otherwise leave the rest in case it drops?
1611.
Post 9143260 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
13,200.49 BTC shorts
Cut the loose before its too late, this is last chance to sell above 250$
Nice try. That's 5 million dollars worth of bears now *committed* to buying bitcoin.
Im not really good with understanding shorts and longs, but my thought is:
Short: Someone offers you to sell their coins, with daily interest (or other agreed rate), which you then can buy back at a price of your own choosing? How does the leverage work?
Long: Someone offers you to sell their USD, with daily interest, which you can then... same question - how does the leverage work? And must a long also buy back USD?
They both show on the orderbooks as any other order, with the condition they must be bought traded back at some other time?
So 13k btc of shorts mean 13k btc must be bought, at some time.. but 20m longs means.. $20m usd must be bought as well???
I can't claim much understanding but the basics are:
Long. Buy now, sell later and hope the price rises in between.
Short. Borrow now, sell, buy back later and return to lender, hope the price falls in between.
Leverage. Borrow so you can increase your position, ie. bet more than you can afford to lose.
Here's the interesting bit that's worth reading up on,
Naked Shorts, borrow to pay back later but whatever you're borrowing doesn't actually exist. Its not permitted in most markets but that doesn't stop it happening.
Very interesting. Does the reverse exist? My guess would be yes, but its totally unnecessary as there is always USD available to loan?
1612.
Post 9143290 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Opinions on the CFTC hearing?
Clearly the traders say bullish
1613.
Post 9143413 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Am I the only one that sees we are overbought.
Bitstamp is overbought but being manipulated up; BFX is still oversold.
1614.
Post 9143469 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Am I the only one that sees we are overbought.
Bitstamp is overbought but being manipulated up; BFX is still oversold.
Ok so I'm being logical thinking that this upward trend can't be sustained.
Well I think regardless of whether or not a true reversal occurred at $300 or not, a retrace is due..
The market clearly wants to move down but there are still plenty of buyers.
1615.
Post 9143608 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Am I the only one that sees we are overbought.
Bitstamp is overbought but being manipulated up; BFX is still oversold.
And why you think so about stamp? Fall from 380$ to 275$ was manipulated... this is just a return back. It is known there is much more fiat on stamp as orderbook shows it. This push back is a correction after quick rise.
I agree about bitfinex. Shorts are at ATH, while number of longs is still low. When the shorts get burned the real panic buying will start. My guess is 390-395$ is the level where squeeze will happen.
I suppose I shouldnt call bitstamp overbought; just "neutral", but it would be my opinion that they are overdue for some selling. That market still seems to be suffering deer-in-headlights after mega-whale. Bid depth is pretty poor and ask walls pop up at every corner. But no one ever really sells. The fact they hold over BFX (which is clearly oversold) says, to me, that they are being manipulated up.
Cant really dispute the short/long info tho.
1616.
Post 9148366 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Whale wars
Lol
Grats Jimbo, for having a screenshot of your post featured in a CNBC article about bearwhale.
I cant believe this article exists:
http://www.cnbc.com/id/102070437#.
1617.
Post 9152259 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
If someone is trying to close a short, will it show as a bidwall at the closing price?
Also, a 1k short with 2:1 leverage would act as a 2k wall??
1618.
Post 9152449 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
If someone is trying to close a short, will it show as a bidwall at the closing price?
Also, a 1k short with 2:1 leverage would act as a 2k wall??
Correct
Cool, thanks.
I guess this may explain the endless bidwalls on bfx, but also why they seem to have no trouble crushing them (New shorts?)
There is 7m$ on $290; or 85% of the entire orderbook! Must be people's shorts closing?
Is there any chance of a long squeeze if the price continues to drop?
1619.
Post 9152548 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
It would seem to me that the shorters have pushed the price down, but created a floor at @
$300, so they're pretty damn screwed unless, as you say, a revolving door occurs and just moves the floor down...( New shorts fill old shorts, etc )
Somethings gotta give. I fear, perhaps irrationally, that a long squeeze will wipe out the books.
1620.
Post 9152623 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
This chart doesn't seem to match the non custom ones from that site.
1621.
Post 9152682 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
This chart doesn't seem to match the non custom ones from that site.
It looks like you smoothed it. Here is same chart with 1 year filter and no smoothing
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=180days
1622.
Post 9153085 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
+1 internet
that...thing...is so fucking annoying and stupid that it is pretty much obvious he is the biggest bag hodler here.
Yeah, he's so stupid, doesn't he realize that Bitcoin works just great at $5 a piece. The sentiment at that level will be so great, we can short it all the way down to $0.005 just like Satoshi imagined. Fuck him for believing in Bitcoin. Everyone knows the ultimate goal is to suck the marrow out of the Bitcoin core, put that sweet sweet fiat into our banks, and let the good times roll.
Let's be serious, who the fuck wants BTC to go $5 a piece, that would mean failure at all levels, imagine the headlines.
Below $50 signifies total failure IMO.
1623.
Post 9153142 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
someone said cup and handle yesterday...
That was me. It's happening. I should start trading lol.
Chessnuts wave theory is playing out just as he said, too.
1624.
Post 9165710 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
So it's the bullwhale's turn this weekend?
This is but a baby bullwhale
3k wall, bearwhale was 30k wall and 8k market sell.
1625.
Post 9167171 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
7k buy wall on stamp?
Now gone?
Lift-off! I guess he decided to market buy.
1626.
Post 9167679 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Any news or conspiracy theory?
Bitstamp has been pretty much stable in the last 4 hours. What is all the discussion about?
Mini bullwhale? Flashing a bidwall somewhere between 3-5k (its not 7 as some are saying)
1627.
Post 9167906 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.22h):
Mini bullwhale? Flashing a bidwall somewhere between 3-5k (its not 7 as some are saying)
There was such wall. But it lasted only a couple seconds.
Probably a glitch. The largest the wall could be according to the bidsum is about 3.7k. Its ~3k right now
1628.
Post 9169412 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
So it's the bullwhale's turn this weekend?
This is but a baby bullwhale
3k wall, bearwhale was 30k wall and 8k market sell.
Now he's a toddler bullwhale...
We need to get this bullwhale growing faster!
lmao, grow up faster dammit! Feed him!!
1629.
Post 9169912 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
omg its a 0.05BTC sellbot!!!!
1630.
Post 9170003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
What´s up with the USD swaps supply on Finex
Lenders have left the building?
This is bearish right? Also the walls look like they are about to be tested on Bitstamp and BFX simultaneously..
1631.
Post 9170242 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
30,000 BTC sell wall gets bought up in hours, with constant buying throughout its existence.
3,000 BTC buy wall doesn't get sold into at all.
Bullish.
Yes and no.
The 30k wall was during a plunge. So, very low price and lots of sellers needing back in.
If the guy had bought up to $420 or so and placed a 3k wall? It would probably get eaten.
1632.
Post 9170308 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
1BTC sell bot now running alongside 0.05BTC sell bot.
Wall being tested.
3104
To bears:
1633.
Post 9170779 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Adam,
I know how to solve at least two of your problems:
1. Send me all your bitcoin,
2. I love you long time.
This man is but a scammer! I assure you, your coins would be much better in my pockets. (His are sweaty)
I can assure you this: my pockets are not as sweaty. (I'm not wearing any pants- what kind of bitconnoisseur needs pants?)
1634.
Post 9177599 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Minibullwhale has twins!
1635.
Post 9177762 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Kinda surprised the movement is so weak. It seems there should be some panic buying.
1636.
Post 9178024 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Will we break 400 today?
Sure looks like it.
Wall moved to $370
1637.
Post 9178346 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Market doesnt seem to care. I hate dealing with time zone differences but I think this is like 4 hours old?
1638.
Post 9178985 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Lookin good...
1639.
Post 9179305 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
huge dump on bitstamp
You new here? You made me panic and check expecting sub $360.. lol. Just profit taking.
1640.
Post 9179864 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
IDK man, this is kinda lookin like a top
1641.
Post 9185890 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
1642.
Post 9186314 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Huge ass ask wall on Huobi! HOLEEE SHIEET
4000BTC ask on Huobi @2320
beat me!
Its actually more though: 5006.2419
1643.
Post 9186383 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Ask wall on huobi splitting and moving down! She's real!
Huobi is freakin the fuck out. 1k bidwall appeared on 2300 and its getting eaten
1644.
Post 9186419 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
THE BEARWHALE BULLWHALE
Here's a thought - what if the bearwhale was actually a bullwhale?
1) dump some coins and put a massive 30k sell order wall at $300
2) purchase some long position calls on bitfinex or elsewhere.
3) eat it away using at least one other account, including an 11k purchase. Includes buying any coins being sold below $300.
4) remove the sell order for the last ~10k coins
5) watch the markets increase by 50% in a week, while still holding most of the original number of coins, plus extremely high-profit calls.
seems like by sacrificing ~10k coins to others at $300, the bullwhale effectively reversed the price decline, increasing the value of the remaining coins and probably selling the call positions for a tremendous profit.
is this feasible, or is the bearwhale just a bearwhale?
Occam's Razor. Most likely just a bearwhale. He lost over $1.7 million in market value and there hasn't been enough volume since then to make it likely he bought back in on margin. He couldn't have known $275 was the final bottom. It still might not be. How could he have known the market could absorb that many coins and not even slow down the rebound? Sure, we could be the toys of billionaires, but even billionaires have to compete with each other.
Yeah also #3 and #4 never happened. THere was no 11k buy and all
38,000 coins were sold.
Ask wall on huobi splitting and moving down! She's real!
The 500 wall put up first was pulled as soon as it was touched, put back up as soon as there was some room but I doubt it will stay that big if its touched again. Who'd have thunk 300 euro would have so much resistance
The sudden 1k bidwall appearing with the 5k ask wall also leaves me suspicious. Seems like it could be manipulation. [And I've held firm the megabearwhale on bitstamp was not a manipulator]
Wall moved to 2,300
1645.
Post 9186477 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Btc-e down?
Da fuq is going on?
OKCoin acting funny, BTC-E intermittent dropping out, ask wall on Huobi, dumps on Bitstamp and Bitfinex?
RUN FOR THE HILLS!
1646.
Post 9186503 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
What a bull would say: Look at all those huge bids on Huobi , it looks like the wall guy wants em getting filled:
What a bear would say: Told ya, another bull trap, Game Over
Good luck with your longs man! Huobi seems to be preparing for Rd.2. US markets didnt much like Rd.1
1647.
Post 9186585 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
What a bull would say: Look at all those huge bids on Huobi , it looks like the wall guy wants em getting filled:
What a bear would say: Told ya, another bull trap, Game Over
Good luck with your longs man! Huobi seems to be preparing for Rd.2. US markets didnt much like Rd.1
I have some room left until i´m out of profit zone. Won´t close em before 360-365$.
It really looks to me like the old "put up a ask wall and get your bids filled"" game.
But of course i´m looking through the (delusional) eyes of a bull.
Yep. Looks like success. Guy picked up 1k coins.
1648.
Post 9186642 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
What a bull would say: Look at all those huge bids on Huobi , it looks like the wall guy wants em getting filled:
What a bear would say: Told ya, another bull trap, Game Over
Good luck with your longs man! Huobi seems to be preparing for Rd.2. US markets didnt much like Rd.1
I have some room left until i´m out of profit zone. Won´t close em before 360-365$.
It really looks to me like the old "put up a ask wall and get your bids filled"" game.
But of course i´m looking through the (delusional) eyes of a bull.
derpinheimer is one of the most pathetic trolls, better to just put him on ignore.
I call $300 months ago despite opposition; proven correct: Troll
Gatekeeper calls up for months; proven wrong:
1649.
Post 9187393 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
another fakeout.
but hey, fonzie, we can still profit.
Profit like a MF. Today is a good day. I don´t think that it is a fakeout, people told me the same yesterday @370$, but we will see.
I went long 10x @360$ with 35 BTC collateral
I think we will grind up slowly to 390-400$, after that we will probably see a nice candle to 420+$
Happy trading to you. May the money flow( into our pockets)
1) Posters aren't really disclosing their actual leveraged positions, are they?
2) seems less than smart to leverage either direction unless you have insider information
Why not? Is a whale really gonna dump just to fuck fonzie over?
1650.
Post 9187550 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Today we learned a great lesson. If you want to manipulate the market down... Put the ask wall on Huobi.
Doesn't work so well in USD markets. ( the bulls eat you alive! )
1651.
Post 9188541 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
4k ask wall at 370 on BitStamp only.
BTCchina down (Website says "upgrading")
It's a bid wall damnit!
1652.
Post 9191505 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
So.. nothing happens is the answer?
1653.
Post 9191753 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
+$40 in about 40 hours.
Most impressive! But, time for a cooldown most likely.
1654.
Post 9192937 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
0.05 bot is back on
Let me know if it becomes significant
0.05BTC every 10 seconds = 0.3BTC/min = 18BTC/hr
Would have no effect at all on market (Especially because this bot seems to run very sporadically)
its goal must be to peg the price on one side of the spread.
1655.
Post 9193077 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.23h):
Huobi order book has dramatically changed. It is still bearish, but barely so. There may be some life left in this rally after all.
There were like 20k asks on the whole book a few days ago. Now, just 11k. Out of those, 5k are on 2600
1656.
Post 9199836 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
I sold some...
virtex is on FIRE~!
Wow they are like 10% over US markets... damnnnn
1657.
Post 9200098 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
BFX swaps are turning around again
OCT 7: $18m USD || 10k BTC
OCT 10: $21m USD || 15k BTC
OCT 14: $22m USD || 11k BTC
I have suggested watching the hash rate to find the bottom. Why? Well, if miners start taking machines offline, it affects supply by reducing the coins mined to the normal 3600 daily or less. But more importantly, it indicates the lowest price that miners must sell at to make a profit (of course every miner will have a slightly different level). Any lower and miners must hold and hope for a price increase. To sell would guarantee that they couldn't pay the monthly bills. That behavior could dramatically affect supply.
It looks like we are at the point:
https://blockchain.info/charts/hash-ratehttps://blockchain.info/charts/difficultyThis isn't a statistical artifact due to a bad luck streak?
Not gonna calculate it, but I'm going to guess its somewhere around 99% certainty that this isnt just random chance.
1658.
Post 9200153 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
I have suggested watching the hash rate to find the bottom. Why? Well, if miners start taking machines offline, it affects supply by reducing the coins mined to the normal 3600 daily or less. But more importantly, it indicates the lowest price that miners must sell at to make a profit (of course every miner will have a slightly different level). Any lower and miners must hold and hope for a price increase. To sell would guarantee that they couldn't pay the monthly bills. That behavior could dramatically affect supply.
Won't there on average be 3600 coins mined daily regardless of hashing power? Not sure I understand this argument...
i think he meant that at certain level, miner will hoard instead of selling
Well, if I'm not mistaken, we are generating >3600BTC a day right now (Er, were) because hash rate was so far over the difficulty. Probably not too much, like 3800..
1659.
Post 9200319 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
haha gl to the shorters, you're gonna need it
Tons of shorts opened ~350-375, and ~450.
Lots closed the last few days but you gotta feel for the poor souls who shorted at $275
(JK)
1660.
Post 9200446 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
1661.
Post 9200496 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Man, if I had some money to play with on Bitfinex I'd short so hard rite nao
1662.
Post 9200560 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Man, if I had some money to play with on Bitfinex I'd short so hard rite nao
What exactly would you do?
LEVERAGE SHORT $425
1663.
Post 9200606 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Man, if I had some money to play with on Bitfinex I'd short so hard rite nao
What exactly would you do?
LEVERAGE SHORT $425
Sorry, i'm clueless with that stuff. What would that do exactly.
I'm not sure if you're trolling me, since I've said multiple times I don't entirely understand leverage and shorts myself, but.. I would lend BTC from someone @ BFX, sell it at $425, and hope to buy it back lower. With leverage.
1664.
Post 9201418 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Mmmm, nearing my short again..
1665.
Post 9201499 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
if i buy at 300 and sell today i surely get 30% in a week...
The only reason this shit works is because the market is full of conspiracy theorists who believe triangles and H&S have real significance.. lol.
1666.
Post 9202100 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
SHOTR! OVERBOUGHT!!
1667.
Post 9202260 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
support's looking GR8!
looks like we will be moving HIGHER!
Let's hope so.
It usually doesn´t take more than 2 hours for a massive drop to appear when Adam writes such things.
lol, its true.
i'll STFU now.
Adam please confirm you are not castrated? I hear this rumor!
1668.
Post 9203850 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
OMG its crashing everyone panic!panic!panic! panic NOWWW!!!!!!!
I told you to SHOTR at $415
1669.
Post 9203899 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
1670.
Post 9211723 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Feels good man.
1671.
Post 9211863 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
In the meanwhile on Stamp...
BOOOOOOM 1500BTCdrop
Seems like a good time to close shorts? Doesnt seem like much followup here. Can probably reopen at 400 or higher.
1672.
Post 9212757 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
please educate a noob.. why put up a 2k wall just to remove it ?
To test the market and see if people started buying ? Or to scare down the price even more ?
to accumulate more.
market crash is imminent, followed by fiat crash...
Maybe unsure if he wants to sell.
1673.
Post 9216542 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
4 green daily candles, followed by 1 red, repeat until moon
I think we will see some more green, but no moon. Range of $100-$800 for 2015.
1674.
Post 9216607 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
4 green daily candles, followed by 1 red, repeat until moon
I think we will see some more green, but no moon. Range of $100-$800 for 2015.
You think it will go under 200? Wow that is really optimistic if you ask me. If it got anywhere near that I am sure plenty would sell their first born to get in on that.
Probably within 9 months, yeah. Plenty of bull traps though, so no rush to sell. Just waves of panic and euphoria in a general downtrend. I would be surprised to see new lows before $450+.
1675.
Post 9216637 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
1676.
Post 9222822 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Shut it, ChartBuddy. I'm sick of your negativity
hmmm someone is talking to a automated posting bot, must be very very intelligent
Did you, as a inteligent guy ever think about uninformed people ? you seem to know everything, can you than, please, tell us what will be the price on 1.11.2014? too inteligent?
why dont you ask shroomie or notlambchop, they were the smartest ppl around here and their prediction always correct
NotLambchop was obviously making a joke - one that I actually found pretty funny. If you can't see something so obvious, I think it is you who lacks intelligence.
1677.
Post 9226126 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Anyone else notice TH1 swaps went down by like 60% in the past 24 hours? What are those?
1678.
Post 9227520 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
those 2 k disappeared from the books, so someone just closed shorts.
nothing to see here, move along.
Shorts on bitstamp... yeah.
bitfinex goes through bitstamp.
Only when liquidity is too low on bitfinex. I dont think this is related. Only 600btc of shorts (cumulative) closed on BFX recently.
1679.
Post 9227711 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Pump & Dump scheme is back
It looks like one month ago that the price rise 10 dollars than drop 20 dollars every hour.
Traders who follow the scheme are making it even worse.
Its not pump and dump. Its natural market behavior. Price starts to rise, more people join in on rally. Price stagnates, unrelated people sell and enjoy the slightly higher price.
1680.
Post 9229140 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Just 150 coins btw. spot and that huobi bid wall. I dont see it going down.. have seen crazier things though
EDIT:
Getting redder... <100 coins to test
1681.
Post 9230394 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
China dun ate that wall? Hmm... I still dont think <$340 without going >$450 first.
1682.
Post 9234351 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Published on January 2, 2014 Poor delusional souls. Take your profits when you can, keep a small chunk on the rare case it goes over $1k again.
1683.
Post 9235536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
There's been a lack of actual technical analysis on this forum. There are indeed some technical bullish arguments, the most important of which I listed right as it happened: Volume. I don't post much chart analysis anymore since I stopped using SierraChart, but here it goes:
Keep posting that chart. The 38k single entity sell completely destroys any chance of TA on that day, meaning apparent volume spikes, and apparent reversal, are not real in a traditional sense... Aka are meaningless.
1684.
Post 9235597 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
Keep posting? I've only posted it once, and I don't intend to do it again.
How did the 30k guy "destroy TA" when his entire asks were bought up, by MULTIPLE ENTITIES (=organic)? It's the complete opposite, he invigorated this market.
You aren't the first to post that sort of chart TA.
A 38k single entity sell -> many entities is very bad for price. In a traditional sense, capitulation is small fish selling to each other and then panic buying their own coins back when any sign of reversal pops up. That doesn't happen when a whale dumps.
The chart looks the same, but the actions are not. People are buying since it looks like a reversal, but isn't.
1685.
Post 9235977 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
A 38k single entity sell -> many entities is very bad for price. In a traditional sense, capitulation is small fish selling to each other and then panic buying their own coins back when any sign of reversal pops up. That doesn't happen when a whale dumps.
The chart looks the same, but the actions are not. People are buying since it looks like a reversal, but isn't.
Now I understand what you're getting at. Makes sense, you could certainly interpret it that way, however:
1) We had 1 day of 60k and the next with 70k daily BTC volume on Bitstamp. 30k is less than 25% of 130k, so even if you go by your argument, it is valid.
2) After the 30k ask popped up @300, people did panic sell down to 275.
3) For a context, it also has to be considered that we had a downtrend with relatively bearish sentiment prior to the culmination of Oct 5.
It's a very odd situation all around. I don't doubt this is a short term reversal, but I expect new lows within 6mo. Unlike a reversal at, say, $50 in April where the selling pressure was never going to culminate to that level again. (At least, not yet.)
Another thing: the market was very oversold at <400. A bounce was certain at some point. I think I had been calling for a bounce since $400. It never came until $275.
So I'm still sticking to >450, then rollercoaster, then <300. Sometime within 9mo, <200. But if you don't mind mid term trades then this seems like asafe time to buy.
1686.
Post 9236434 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
consolidation imo
great to short here
That's risky IMO. Short $450
1687.
Post 9238301 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.24h):
consolidation imo
great to short here
Good luck with that
I'm not saying we're gonna go down but we're not gonna go up either the coming 2-3 days
We probably gonna visit 370-375 pretty soon.
Btw, I still think it's a great buying opportunity here
How can one say to short, but also to buy
1688.
Post 9247255 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Nice buy wall there holy cow biggest I have seen in a while.
It seems to have accomplished its purpose over the 9-10 hours it's been there. The price has risen from 2300 to around 2400.
Yeah I was sleeping and then gone to work just got home. Nice to see. Lets hope its not a fake one ... even if it is, letting such build up above it so we can get a higher base finally.
it's fake. But it's still a good time to buy
1689.
Post 9258785 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Dat hashrate stability tho?
1690.
Post 9258826 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Dat hashrate stability tho?
huh?
The hashrate.. it isnt going up anymore.
Also, here is future guaranteed with 0% certainty. Recommended trade on these curves 100%.
1691.
Post 9259544 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Yeah there was a 520 volume spike so 480 sounds reasonable. Didnt see it myself.
1692.
Post 9260803 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Whoa.. is Huobi really gonna test that wall? Someones got a hard on for selling.
EDIT: OH, shit, its led by a megadump on bitfenix. Wat the fuq -- 3 seperate 1k market sells?! (and other sells totally over 5k in just 5 mins)
EDIT2: Bidwall on Huobi pulled.
1693.
Post 9260847 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
I might have to make some adjustments to my price projections... LOL
5k sell Bitfinex
2k sell Bitstamp
Bidwall on huobi was fake
Orderbooks just got massacred.
[SUMS ABOVE, NOT INDIVIDUAL ORDERS]
1694.
Post 9260931 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
I might have to make some adjustments to my price projections... LOL
5k sell Bitfinex
2k sell Bitstamp
Bidwall on huobi was fake
Orderbooks just got massacred.
[SUMS ABOVE, NOT INDIVIDUAL ORDERS]
Bid wall on Huobi was fake? How do you know? It was never touched.
It was pulled as the price neared it. This is called "being fake". That was the test.
Also, I dont think you understand China markets have waves of high volume and low volume. -1hr to about another +2hr are almost always very high volume. -6 to -1 are not very high volume. Hence, "CHINA WAKES UP SOON" posts.
1695.
Post 9264880 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
The huobi wall moved up slightly?
It's slanted now. Like 50 200 btc walls instead of 1 10k. It's probably, on average, a few cny higher than before. Meanwhile, ask walls continue pilung up on okcoin
1696.
Post 9285061 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Status:
We are going up.. but we will come back down.
1697.
Post 9286443 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Bid support on Stamp looks solid.
2000
BTC to 380$
5000
BTC to 370$
Huobi
14000
BTC to 2300CNY
lol
Conclusion:
Breakout imminent!
LEVERAGED LONGS! (Do not recommend buying >$500)
1698.
Post 9292213 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
These relentless dumps
There must be more up.. there has to be! $500 before $200.
1699.
Post 9296519 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.25h):
Sometimes when i´m really fucked up i think that shroomskit maybe is in fact one of the best trolls ever, and that he isn´t serious at all ? ? ? ? ?
BTW: I met your uncle.
I think he originally was not a troll, but now enjoys his position with frequent dump crying.
1700.
Post 9308914 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
The selling pressure is remarkable. But so is the buying pressure.
I think this is just a few big players closing longs in anticipation of a drop in to double digits. But I still dont see that happening before $500+...
So, they will exhaust themselves, then the buyers get into a major bulltrap, and then the price plummets and these sellers look smart.
1701.
Post 9321523 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
I still can't believe people think that Bitcoin is going anywhere...in 5 years it will be some long gone fad.
In the meantime everyone and their dog will be using blockchain technology for other things.
Bitcoin was a great idea but its over...get on with real life
Correct! Bitcoin is just an alpha. Any buying >$100 is bound to result in pain. Just a matter of time before all positions above that are at substantial losses.
1702.
Post 9328534 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
It's not a trap my friend........
This was even better because the image wasnt fully visible on my screen until I scrolled LOL
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
You are wrong this time. it will never test 330 again. this is it!
If people short here they will lose out big time we are just over a day from + 370
Another one of you every day. This is just a few peoples claims I remember from the past week.
"WELL NEVER SEE $360, YOURE NUTS!"
"$350? WHAT THE HELL? ITS MOON TIME!"
"$330 IS
IMPOSSIBLE"Today, its "no $330, ever again"
$200 is coming. $100 is coming. Its just a matter of time.
1703.
Post 9328712 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
It's not a trap my friend........
This was even better because the image wasnt fully visible on my screen until I scrolled LOL
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
You are wrong this time. it will never test 330 again. this is it!
If people short here they will lose out big time we are just over a day from + 370
Another one of you every day. This is just a few peoples claims I remember from the past week.
"WELL NEVER SEE $360, YOURE NUTS!"
"$350? WHAT THE HELL? ITS MOON TIME!"
"$330 IS
IMPOSSIBLE"Today, its "no $330, ever again"
$200 is coming. $100 is coming. Its just a matter of time.
QFT
if you are waiting for $ub 330. you will regret it forever. It will never happen.
Im not sure I understand your quote. QFT = Quoted for truth. You are disagreeing with me. Maybe you mean for future reference?
1704.
Post 9329615 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
QFT because you seem to think $200 and $100 BTC is coming.
I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
By Monday, you'll agree with me.
Check my history. I partly agree.
I posted this a week ago:
And was calling $300 since June. (Price = $660) We stagnated in the 570-580 range for 5 long days. Soon we'll break
700.
Crash to $300
This is nice to see. Finally continuing on to $300.
Why the hell would that be nice?
It would be the worst thing ever for Bitcoin at this point.
Because its been floating around $580 yet there is nothing to support that.
1705.
Post 9330431 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Keep looking at okcoin and huobi since it is clear they are faking the volume... Example: anomalies in last two days.
Way to go.
I see nothing odd.
1706.
Post 9330483 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Ah, this
Well, its definitely odd.. but is it important? It looks to be someone just fluffing the volume, possibly testing a HFT bot. No fees, so its not like there are repercussions to it like on USD exchanges.
1707.
Post 9330535 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Ah, this
Well, its definitely odd.. but is it important? It looks to be someone just fluffing the volume, possibly testing a HFT bot. No fees, so its not like there are repercussions to it like on USD exchanges.
It is important when the buys and sells doesn't match with the orderbook... Isn't it?
No, not really? I guess if you are a TA PRO who relies on volume as an indicator
1708.
Post 9330615 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Ah, this
...
Well, its definitely odd.. but is it important? It looks to be someone just fluffing the volume, possibly testing a HFT bot. No fees, so its not like there are repercussions to it like on USD exchanges.
It is important when the buys and sells doesn't match with the orderbook... Isn't it?
No, not really? I guess if you are a TA PRO who relies on volume as an indicator
I give a lot on volume on stamp chart... I don't see chinies exchanges as a price leader. Problem is that 70% of traders thinks chinies exchanges are reliable despite all this.
Well I dont think anyone disagrees that gauging the "real" volume by China is quite difficult. Thats why I rarely bother trying to compare it. I just think of them as equals (Huobi, Okcoin, Bitstamp, and Bitfinex) despite China having a lot more volume.
If I really want to compare, then I'd look at the orderbooks, copy it down, and compare it in future. For example, if there were 5k of bids to break 2100CNY, and 12 hours later its 4k, but there was 50k of volume... I'd consider it a lot closer to '10k real' volume than 50k. So that absurd 10k volume spike earlier? Well, its pretty much insignificant volume and can be ignored.
Likewise, if the price broke 2100CNY on 10k volume, then I'd say most of it was real.
You see this sort of activity a lot when volume dies down. The price is just as volatile with a tenth of the volume, presumably because there isnt so much "high frequency trading".
1709.
Post 9331521 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?
Im super confused. How has this address never received coins?
1710.
Post 9331551 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?
Im super confused. How has this address never received coins?
it has? and lots.
Your right. It was just blockchain.info being buggy. It showed nothing when I filtered to "received" but now it shows a bunch.
Im still confused.. why are there 3.5k sent to "himself" repeatededly and like 1btc sent to other addresses?
1711.
Post 9331597 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Your right. It was just blockchain.info being buggy. It showed nothing when I filtered to "received" but now it shows a bunch.
Im still confused.. why are there 3.5k sent to "himself" repeatededly and like 1btc sent to other addresses?
might be related to what I posted minutes ago.
I read what you posted, I just didnt understand it
1712.
Post 9331784 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
Annnd BFX shorts are at ATH. This...should...be...goood (or really bad)
It's bullish imho. they will close the shorts now or get squeezed.
There were like 6k shorts opened in 30hrs now... (net)
1713.
Post 9341148 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.26h):
6 Hour MACD green again
1 day shows reversal incoming.
Rally starts here
You must be new here
Patience is a virtue.
Call the start of a rally every single day, you're bound to be right...
1714.
Post 9359296 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
Anyone have a thought as to why longs/shorts on BFX seem to be tied together?
Every time new shorts are opened, longs increase by the same $ amount, or damn close to it. Shorts closing doesnt seem to have the same effect.
1715.
Post 9359674 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
the gr8est buying opportunity of our time is just around the corner!!
You mean it might crash below 275$ soon?
Anyone have a thought as to why longs/shorts on BFX seem to be tied together?
Guess-1: Somebody might want to buy what shorter dump.
Guess-2: May be it's easier to spot and thus most of the people share the basic idea that "it must go somewhere soon" but they don't agree about the direction because that's harder to predict
So you think its like one person places their short wall, and someone else goes "YUM" and wala, shorts/longs go up? Thats kinda what I was thinking. It just seemed hard to believe. But the charts dont really disagree with that theory. Lots of volume spikes with no movement occur on BFX.
1716.
Post 9364175 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
Looks like the calm before the storm.. Low volume.. something is going to happen very soon.
I bet the price will go up or down, dont tell me i didnt warn u all, you better listen now.
I guess you were right... Should have listened to you...
FFS this man is hacking at life! His prediction wasnt just "close to right'... it was flat out, 100% spot on :O.
magicmexican is a witch and/or working with the devil. We must find him, and hang him.
Either you are working with us, or you are working with the terrorists.
1717.
Post 9364192 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
Fake volume bot running on OKCoin again!
1718.
Post 9370749 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
...
It´s more like sunn + Scott Walker
There is no reason on earth for disliking Scott Walter...
No no, just the word "sunn" threw me on a tangent, it was the sort of stuff that was cheap in pawn shops/discount bins of muzak stores at one point, like Ampeg V2s and stuff... Beater gear. Not hatin' on Scott Walter.
Which one is it, Scott Walter or Scott Walker? You all know where I live now lol
1719.
Post 9377367 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
vodka straight up... not for everyone...
i made vodka for a personal science project... it tastes like water when u done it right
water tastes bad. also thats not really possible afaik (for vodka to taste like water)
1720.
Post 9377423 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.27h):
vodka straight up... not for everyone...
i made vodka for a personal science project... it tastes like water when u done it right
water tastes bad. also thats not really possible afaik (for vodka to taste like water)
water taste bad because all the fluoride they keep adding.
btw vodka means water
well i have tried just about every type of water there is (distilled/reverse osmosis) and they all taste bad, even fluoride and mineral free...
but youre right on the vodka. i never realized quality vodka would be like water
1721.
Post 9385142 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
Did the wall get touched? Tons of volume with no major movement abt. an hour ago?
1722.
Post 9385212 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
someone just bought 3000 BTC at Bitfinex
Edit1: market order
Edit2: 4500BTC
Edit3: seems like someone want to punish shorters.
It's tons of medium size orders
The fuk lol
1723.
Post 9386466 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
BTC8,500 shorts closed on BFX. $1.25m USD longs "closed?"
BTC10k/$3mUSD of bid support just to reach $331 again [where we were 3 hours ago]
Bitstamp has no reaction at all (Orderbook is almost completely unchanged. Actually a bit more bearish than it was 3 hours ago)
China... kinda neutral.
1724.
Post 9388844 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
damn that is a beautiful skyline
1725.
Post 9395064 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
Will 2k fall today?
Or 2.2k?
1726.
Post 9417484 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
If a person consistently fails in all aspects of their lives over the course of many years, they become accustomed to failing. They take comfort in being wrong. They become addicted to failure. Eventually they think they are right when they are wrong, and they think they're winners when by almost any objective measurement they are losers.
Great way to describe the beartrolls.
I even bet that when Google first launched, they kept typing for months, even years, into the search box "The internet is going to die, why bother creating this stupid search box, there's nothing interesting to find". Only the search box didn't listen.
More accurately, it'd be like SAYING that Yahoo is stupid when it became the first search engine.
15 years later, Yahoo isnt really used as a search engine and is all but replaced by google. A similar, but better search engine.
1727.
Post 9418856 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
I think its gonna get exciting here
1728.
Post 9419281 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
10 dollars up seems to be the limit where the dumpers start doing their thing.
Small problem... the dumpers are gone. (For now)
1729.
Post 9419661 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
Damn Huobi... 3rd 500BTC+ dump to 2000cny since breaking up. Still seems to hold.
1730.
Post 9419735 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.28h):
They should be. If you want to see polls be more accurate, simply ask:
Will the price, 72 hours from now, be Up, Down, or about the same? Current price: $330
It could be better to quantify "up" and "down"... so ultimately.
>$340
<$320
~$330
1731.
Post 9424568 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
And then suddenly, China flips its shit
1732.
Post 9428101 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
i expect huge dumps in the next 3 hours...15 min before the winklevoss twins get on stage @ money 2020...and all just to mess with them
1733.
Post 9428818 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
So far so bullish..
Bid sums climbing thru the dumps.
1734.
Post 9435378 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
That fake volume on huobi... 400btc trades out of nowhere and without any ask even near. What a joke
OKCoin is also doing an OK job.
Yep... would never put a satoshi on the exchange like that
Bitcoinwisdom stacks the orders, its not one alone
They're still fake orders.
1735.
Post 9436506 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
lmao @ BTCChina
Also LOL @ how the main 3 chinese exchanges are way up today on volume. Combined effort to look relevant?
1736.
Post 9436923 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Triple top or breakout? We shall know soon enough.
1737.
Post 9437186 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
[ ... ] using BTCChina to crash. Volume reported by bitcoincharts is greater than Bitstamp, Bitfinex and BTC-E together, so it could be fake.
Since about Oct/10, BTC-China's volume has been comparable to what it was in Nov 2013 (~50--60 kBTC/day).
During the Nov bubble, OKCoin was ~30 kBTC/day, Huobi ~20, MtGOX ~25, Bitstamp ~20, BTC-e ~20, Bitfinex ~5.
After the december decrees, BTC-China they lost nearly all their volume, while Huobi and OKCoin grew.
The November bubble cannot have been solely a MtGOX internal mega-pump. There is a plausible explanation for it, which is the opening of the huge Chinese mainland market of amateur speculators. That demand required huge arbitrage activity, buying hundreds of thousands of coins in the "Western" exchanges (including MtGOX) and selling them to speculators and holders in China. Arbitragers (which were probably exchange owners) must have made tons of money that month. Willy was probably the buying end of an arbitrage pump at MtGOX, the selling end being perhaps at BTC-China.
No way in hell. MtGox could not absorb hundreds of thousands of coins being taken off the market without going well in to the 10000's/BTC
It was fake money buying real BTC. Most logical explanation.
1738.
Post 9438061 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
We would all be wealthy assholes, so why not?
This effect is proof that the willy bot did nothing.
If it was as simple as making a bot to drive the price up, the exchanges would have made another bot by now.
Uh, well.. it would be highly illegal. Not sure you understand what you're actually saying. Actually, I'm certain you dont.
1739.
Post 9438542 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Looks like triple top? Dump o' clock is nearing??
1740.
Post 9438781 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Looks like triple top? Dump o' clock is nearing??
Nope, it will just continue to hover above the fake bidwalls for now.
I don´t think that those bidwalls are fake, i rather assume that they wan´t to get filled.
I would have to agree. Though it should be noted that 7000BTC of the bids to $290 on BitFinex are one single entity. (There are about 15000 total, so they are nearly half)
1741.
Post 9440454 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
I know its not really significant but its kinda funny.
1742.
Post 9440669 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Somebody spent $1.35 million on Bitfinex... that is some really insanely stupid shit. I'm sorry. Just give the money to f---ing charity if you are that reckless with it. I mean, I'm sorry, but how the hell do you trust Bitfinex enough to play with that sum of money on that exchange. That is some stupid shit. Hahahahaha. So fucking stupid.
Shroomskit wannabe?
1743.
Post 9440920 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Somebody spent $1.35 million on Bitfinex... that is some really insanely stupid shit. I'm sorry. Just give the money to f---ing charity if you are that reckless with it. I mean, I'm sorry, but how the hell do you trust Bitfinex enough to play with that sum of money on that exchange. That is some stupid shit. Hahahahaha. So fucking stupid.
Shroomskit wannabe?
No. I'd be happy to give you my name and phone number offline (PM me). I'm not saying this won't spark a rally or that this person won't make a considerable sum as a result of it -- I'm saying it was a really reckless move by a compulsive gambler.
Sure, but this is one of many. I mean, you did see the 30k ask wall on bitstamp? The 4k bidwall on BFX? The current 7k bidwall (staggered) on BFX?
I just dont see why this one particular guy triggered that statement, thats all. It comes off as though you are being hurt by them AKA currently not long.
1744.
Post 9442199 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
1745.
Post 9447191 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Yeah... That looks very organic to me. Is this data for real?
No. This is a glitch in bitstamp.
1746.
Post 9452673 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
WOW
VERY MARKETCAP!!
Finally, it was about time. Those goddamn manipulators couldn´t hold it down any longer!
Fair price for a fair coin!
Wow, it seems like i´m a USD billionaire right now!
Dont sell your Doge for $400. Its a beartrap. Wait for $10,000.
1747.
Post 9457866 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Bids are immediately getting refilled after a sell, asks are not. I'm switching over to bullish for the moment. Not convinced that this will be a sustainable rally though. Once the support from these massive bidwalls is removed I expect us to resume bleeding down again.
Correct. Just a bigass bulltrap. 500+ Inc.
1748.
Post 9461920 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
The FBI claim that Benthall's unencrypted computer contained "address lists for customers all over the world that will be of significant interest to many global law enforcement agencies."
So pro.
These people.. wow. Such dicks LOL
1749.
Post 9463420 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.29h):
Fake buy bot running on Huobi. Placing ask walls and then buying them repeatedly.
1750.
Post 9480637 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
I am very worried about gold. It's been in 3 years of bear market now. I'm afraid it's going to die.
Gold.. die? DAE think this guy is nuts?
1751.
Post 9492687 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
After a bunch of wrong predictions one of them worked out... not really something you can follow. I believe it has some value, but mostly as short/very-short term.
1752.
Post 9492829 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.
*sigh*
Let's see where we go from here. I'm still not 100% convinced this latest trend will stick. But about your claim that this was completely off the radar...
[...]
To me it looks like we could go all the way to ~340 for a re-test, and it would look a lot like April 16 to May 19 earlier this year. (Of course it would only be similar if there is good support at that level)
[...]
[...]
http://i.imgur.com/OCen3ZC.pnghttp://i.imgur.com/ZiGp4hA.pngBetween this (new Chinese volume peak, even higher than volume at capitulation bottom), the major Bitfinex market buys yesterday, and the ramping up of Bitstamp's bid/ask I already mentioned, I'd be seriously surprised if we don't make at least an attempt to get back to 380 within the next 10 days.
Nice prediction though, on a serious note
1753.
Post 9493372 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
5k ask wall at huobi lol
looks fake as hell
edit: pulled
1754.
Post 9502107 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
Bitshittity been down for you guys most of the last 12 hours or so?
1755.
Post 9502302 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
You're all f---ing dead and you don't even know it, yet. Calling it... we don't get higher than $395 on this rally and we may have already seen the top. Back down to the low, low 300s. The bears haven't even placed most of their reserved shorts on the market, yet. This is going to get ugly.
Whatcha mean? Shorts are up 50% in the last 36 hours? Seems ultra bullish.
1756.
Post 9502530 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
This is becoming a fairly large red candle. But, its also one of the most unresisted falls I've seen happen in awhile.
China is usually a rollercoaster with occasional dives... this is more like a slide. And its doing it all without fake volume bots running.
1757.
Post 9502551 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
Not really a slide.
It's only fell 10 dollars.
All a bit meh.
Dont get me wrong, I dont think its a big deal yet. I just think its odd how its moving steadily down, which it has not done in quite awhile.
1758.
Post 9502612 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.30h):
Not really a slide.
It's only fell 10 dollars.
All a bit meh.
Dont get me wrong, I dont think its a big deal yet. I just think its odd how its moving steadily down, which it has not done in quite awhile.
I check the price regularly (probably too regularly) but unless you're a trader with a huge BTC bounty a price rise or fall of 50 dollars or so means nothing.
See? Right after I said that China realized their mistake and took a nice bump up
Its all a conspiracy!
Bulls be like:
1759.
Post 9521817 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Very nice. Any news for this or just honey badger?
1760.
Post 9521831 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
haha yeah this thread isn't for work
Yeah I unblocked that guy a few days ago. Won't do that again.
1761.
Post 9521986 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
I call $500 in 24h
Ehhh this probably won't go much higher before profit takers come in. To be this (~430) looks like a good price to sell and buy back around $390-405 spending on your willingness to risk
1762.
Post 9522073 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Jesus Christ okcoin...
Asks are super thin as well. 5k buy on Bitstamp takes it to $600
If you ignore the tens of thousands of coins that will be sent to exchanges the next few days? Sure.
1763.
Post 9522145 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
This is euphoria. Sell!!!! Sell now!!
Huobi @$450!!!
1764.
Post 9522190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
This is euphoria. Sell!!!! Sell now!!
Huobi @$450!!!
This is a mild buzz, euphoria comes much later
I don't mean it's not going higher this month. I mean it for short term trading. :p
TOLD YOU
1765.
Post 9522309 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Oh god it's trying to go up more. LOL!
seriously... This can't.. what???
I still say sell >$430
1766.
Post 9522354 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
sell wall in okcoin
Where I don't see it
1767.
Post 9522395 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
still there
I see nothing in bitcoinwisdom pic please
1768.
Post 9522532 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Remember we were at $360 ONE DAY ago
Yeah, I expect stabilizing around $400 +/- $5. This is too high
1769.
Post 9523543 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
I closed my long at $420. Not sure what to do now...
1770.
Post 9524783 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
O_O
Nearing that 2750..
1771.
Post 9526084 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
OkCoin @ 2800
Huobi @ 2700
Da fak?
1772.
Post 9527488 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Up $13 in the last 8 minutes on Huobi
1773.
Post 9527897 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Just sold 800 BTC on Bitfinex.
50K profit?
Much more. About 90k
There was no 800BTC sell. Eat shit.
1774.
Post 9527936 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Just sold 800 BTC on Bitfinex.
50K profit?
Much more. About 90k
There was no 800BTC sell. Eat shit.
Not in one trade. You are right if you are thinking that way.
Going downProvide some proof. You've claimed a lot in the past month. Only proof was an easily edited image.
Show your transaction history that adds up to 800BTC being sold... and dont take more than a few minutes to do it.
I know you have no obligation to show this, but you clearly desire the attention. If you arent a troll, this shoudnt be an issue.
1775.
Post 9527963 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Them chinks really gonna break 3000CNY? LOL
1776.
Post 9528012 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Just sold 800 BTC on Bitfinex.
50K profit?
Much more. About 90k
There was no 800BTC sell. Eat shit.
Not in one trade. You are right if you are thinking that way.
Going downOh look! new highs!
No one wants to buy my 200 BTC at $468. Are they tooo expensive?
So you had just sold 800BTC and now have another 1k to sell. Still not any proof.
1777.
Post 9528160 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Crazy shit
Bitstamp 450
Bitfinex 461
Huobi 482
weirdness
BTCe 442
Bitstamp 442
Bitfinex 462
Huobi 472
Okcoin 474
1778.
Post 9535493 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Was anybody expecting the drop from 450 to 380?
Remember we were at $360 ONE DAY ago
Yeah, I expect stabilizing around $400 +/- $5. This is too high
Some of the more reasonable forum members yes
1779.
Post 9538047 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
lel @ all the bulls shouting "NEW BUBBLE, $500 in a few hours" 24hrs ago
this dump was so predictable
1780.
Post 9538055 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
I think we are headed to $175.
Next year yeah
1781.
Post 9538399 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.31h):
Here comes a pump
Was that a joke?
So this was me earlier when we broke 450...
and then...
PS BFX longs are up 15% in the last 3 days; shorts are down 33%.
Longs are at 3 month high; shorts at 3 week low.
1782.
Post 9572229 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.32h):
That finex dump :I was the USMC auction the catalyst?
Ps what the duck is up with BTC-CHINA sudden mega volume and depth this week? Their depth density is up like 400%
1783.
Post 9572440 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.32h):
That finex dump :I was the USMC auction the catalyst?
Ps what the duck is up with BTC-CHINA sudden mega volume and depth this week? Their depth density is up like 400%
Maybe, I expected this dump only some 6 - 8 hours from now, by looking at the MACD.
Bids at BTC-China went up 6x and asks 4x in a short amount of time, first I thought it's fake, but...
It's absurd.. look at the coinorama 1month chart bid depth for btcchina... It's either the exchange playing games, or Chinese megawhale offloading or loading up on coins
Also note that bearstamp is back
1784.
Post 9572868 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.32h):
BTC-CHINA: bullish
OKcoin: bullish
Huobi: neutral
Bitstamp: bearish
Bitfinex: bearish
Hmmmm...
1785.
Post 9583090 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
6k Bidwall @ 1700CNY on Huobi. Not sure if anyone posted that yet.
1786.
Post 9583340 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
This user is currently ignored.
Why do you keep saying "This user is currently ignored."? Can't you say something different for once. Ohhhh riighhttt
wtf i see the same thing. is he stupid or something?
1787.
Post 9586606 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
Interesting activity on BTC-China. This is todays orderbook change. Totally not manipulated. Clearly one entity has over 75% of the orderbook.
1788.
Post 9586744 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
Now the whole bid end of BTC-China just imploded...
This is no good.
1789.
Post 9593988 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
This is looking bad.. anyone disagree?
<350 Friday?
1790.
Post 9596736 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
Ripple will blow everything off very soon. Buy now at half a cent or buy later at 50cents .
Then they will unload the billions and all the bagholders will be left crying. Their technology is great but their centralization will kill their potential.
Hmm, that's a good point. I dint care to learn what ripple is, but being that it's worse than bitcoin for sure, it is more likely to succeed.
On the other hand... Bagholders. Hella bagholders.
1791.
Post 9597061 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
How much shilling and promoting of a scam-coin/protocol does one have to do to get banned?
I agree it needs to go away. I don't care if their intention is genuine in that they want to help (us) get rich. It does not belong here.
If you end up being right about ripple succeeding? Great! But we don't care.
1792.
Post 9609567 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.33h):
This is euphoria. Sell!!!! Sell now!!
Huobi @$450!!!
This is looking bad.. anyone disagree?
<350 Friday?
Cmon guys. Can a man not get some credit?
1793.
Post 9626003 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.34h):
USD longs took a massacre about 40 hours ago. Coincides with the drop to <$350.
Bullish? Probably more room for dropping but right now it doesnt look all that bad.
1794.
Post 9626112 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.34h):
Here it is for those who don't get it. The volume of transactions. Observe.
If you don't get it then talk to Lambchop. He understands why it's SO significant to troll hard NOW.
Maybe in 1-2 weeks he won't have to.
HODL!!!1What I understand is that China still plays a way too important role, as the volume chart shows again. Also, the price is about 3 times lower than it was during the December 2013 people, so obviously volume must go up. Traders will sell on the way up and buy more bitcoin during the way down and in that sense I don't considering this chart to really prove a point. The only thing what it is saying is that volume is up tremendously (for the first time in months), but this could mean two things. The market seems to be deciding, and we aren't out of the bear market as it stands now. Also, the cutthroat market mentality that summarizes Bitcoin trading will make sure that any rise in price will likely get killed off again by shorters, bringing us back to square one.
No, the long grind downwards will likely continue. I consider the odds of that 80/20, as a the market mentality does not switch overnight. Only if we have seemingly bottomed out for 3 to 5 months will I believe that the bear market has ended.
Yeah, he clearly doesnt understand the graph he just posted in any way.
1795.
Post 9634573 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.34h):
USD longs took a massacre about 40 hours ago. Coincides with the drop to <$350.
Bullish? Probably more room for dropping but right now it doesnt look all that bad.
Right again
1796.
Post 9635422 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.34h):
pump dem posts
1797.
Post 9637220 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.34h):
I think we finally reached that point, the number of posts about bitcoin is stabilizing.
People are fuckin weird. Every time its a nice new even number there is no shortage of crazy people deleting posts.
Its a reminder.. the dumpers... dumpers never die. They may grow weaker, but they will come back.
1798.
Post 9640977 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Currently $2m USD of BTC shorts and $23m USD of BTC longs.
Dont see this going much higher..
1799.
Post 9641102 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Dont see this going much higher..
Do you ever?
Yes. I was bullish Nov 3. And then the next few days it went up 40%
Then I was bearish Nov 12 once price exceeded $430. Then it fell to 20% below $430
1800.
Post 9642338 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Oh my gawd he didn't even get a trial or reason they just seized all Satoshis coins FUCK
1801.
Post 9645509 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Da fuq is going on at stamp? Its so weird.
1802.
Post 9666250 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Dont see this going much higher..
Do you ever?
Yes. I was bullish Nov 3. And then the next few days it went up 40%
Then I was bearish Nov 12 once price exceeded $430. Then it fell to 20% below $430
Right again. Bulltards still call me a troll.
1803.
Post 9666905 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Dont see this going much higher..
Do you ever?
Yes. I was bullish Nov 3. And then the next few days it went up 40%
Then I was bearish Nov 12 once price exceeded $430. Then it fell to 20% below $430
Right again. Bulltards still call me a troll.
Why so cocky?
Since it seems you guessed every move of this market or at least you claim so, please tell us when the next 'bubble' will start?
I guess your crystal ball is better than mine, hmm...
There won't be any more bubbles to the degree we've seen in the past.
1804.
Post 9682163 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
1805.
Post 9682797 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.35h):
Coming soon...
No idea why that image wont work
http://i.imgur.com/0Rwl3hI.gif
1806.
Post 9781591 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.38h):
1807.
Post 9783080 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.38h):
1808.
Post 9802867 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.38h):
Fairly large dumps through the last bidwall on Huobi for the next 35% of the orderbook. (NO MORE BIDWALLS UNTIL 1250CNY)
Could get very ugly in the next few hours. Or, a rebound is overdue. Generally when Huobi's bid-end becomes this thin, a short term rebound is coming.
1809.
Post 9803843 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.38h):
Fairly large dumps through the last bidwall on Huobi for the next 35% of the orderbook. (NO MORE BIDWALLS UNTIL 1250CNY)
Could get very ugly in the next few hours. Or, a rebound is overdue. Generally when Huobi's bid-end becomes this thin, a short term rebound is coming.
[/b]
1810.
Post 9803883 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.38h):
Bulltrap closing so soon? I dont think so...
1811.
Post 9803936 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.38h):
The 400 wall on virtex is still in place,
False alarm?
The other exchanges dont give a damn if a tiny exchange falls behind.
1812.
Post 9850599 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.39h):
This dump started on Bitstamp, not in China, so maybe Chinese traders think this announcement was bullish.
Oddly enough, Huobi is very bearish on the orderbook. Already 5K BTC to reach the 24 hour high of 2183! Thats bad.
Remember that OKCoin/BTCChina orderbooks are mostly bogus. Huobi is not, at least not to the same degree.
I wasnt very convinced this drop was a big deal until seeing that steep mountain of asks on Huobi TBH.
1813.
Post 9853259 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.39h):
This looks realllllly nasty.
1814.
Post 9853456 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.39h):
Pretty much take Bitcoin and make it a piece of shite. Now you have ripple. Because it is shit, it could succeed. Bitcoin being massively superior to Ripple doesnt make it any more likely to come out on top.
1815.
Post 9862099 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.39h):
Mmm bounce.
How much will it retrace? To $340?
1816.
Post 9870468 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
If we go sub 300 before a bounce
I feel the same
Wait for the next bounce. Yes, $200 is coming. Yes, $100 is coming (although it may take awhile). But its unlikely we wont see $400 or above again at some point. I suppose its totally possible if people are realizing this... but if you're already at a huge loss, I'd imagine waiting is better than accepting it.
1817.
Post 9870936 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Looks like its time for $350 or so now.
1818.
Post 9871368 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Fuck, them bitfinexians are trying to go down again?
If this makes a new recent low...
1819.
Post 9871551 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Tim for president!
I reckon that it's possible Tim's tippled his BTC through trading since June.
He's not some blind fish straight from the nursery.
Who is this Tim? I think he deserves this:
1820.
Post 9874275 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
That was one of the funniest Pump n Dumps I've ever seen with Bitcoin. So fast...
1821.
Post 9874349 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Hory shet!
Total freefall!
1822.
Post 9874378 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Massive shorts.. longs are moving down.
I really dont see how that is sustainable. I mean, yeah there are 22m of longs and only 5m of shorts.. but......
1823.
Post 9874412 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Hold your breath.. this could get even uglier
1824.
Post 9874436 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
1900CNY
1825.
Post 9874917 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Volume painting bot running on Huobi. It's placing ask walls and then eating them immediately. Someone is trying to prop the price up.
1826.
Post 9883703 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.40h):
Looks like Ripple has decided to hijack "The internet of money" lmfao.
https://www.youtube.com/watch?v=aoixyCNWg5kWhen they hit just over 30% of Bitcoin marketcap we can expect those other 70 billion xrp to be "released" to the market so they can leapfrog bitcoin, just like they did with litecoin.
Lol, in the time Bitcoin's market cap has halved, Ripple's has increased 20 fold.
1827.
Post 9931660 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.41h):
Where did that bidwall go? Market ordering soon, Mr Whale?
As shroomsy may say, buy your damn coins so the dumping can resume.
1828.
Post 9937773 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.41h):
1829.
Post 9952596 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.41h):
Good.
Fewer miners means fewer coins on the market which means higher prices.
This your first day?
Technically he is right, as fewer miners slightly delays the block reward, no?
Fewer miners wont, but the lack of hashrate increasing "relatively" delays them.
I mean, if the hashrate actually drops substantially, yeah, blocks will be delayed. But right now its more of a plateau.
1830.
Post 10027021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.43h):
I usually wouldn't say this, but so no one makes a financial decision based on that -- BTC-China orderbook is fake. These fake buy/ask walls appear every time price drops or exceeds 2k. If 2k is approached, all those asks are gone, and 10k of bids appear.
On the other hand, China has a new short time low of 1800CNY. US still hasnt pushed for new lows below $275.
1831.
Post 10035442 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.43h):
Bfx is gonna have a hard time moving down any lower. Longs down, shorts up..
1832.
Post 10062736 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.44h):
Bitcoin needs constant publicity. Out of sight is out of mind. Although, I'd prefer if it was a bit more impartial / researched than just 'moon', 'doom' or 'interwebs money'.
As an aside, I feel there is a real push to see $200.
You really believe 200 is possible?
No, I don't believe it, I just bought 10 coins @ 285 and now the price is at 285.4
Profit.
Every little helps.
We must keep buying, all of you.
And we're at 286.26 !!!
Where are the rockets!
It flashed to 287!
Dont forget about fees though, you are still at a loss with them factored in I think.
1833.
Post 10064519 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.44h):
Could be jumping the gun here, but is Coinbase down?
It is down to me.
Dump ALL the bitcoins.
1834.
Post 10076173 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
1 hr chart on OK coin:
Damn, thats a purty chart, no doubt about it.
1835.
Post 10083060 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
Finex situation:
USD 0.0264% 0.0703% 18,925,101.70 USD
BTC 0.0577% 0.0415%
25,646.90 BTC 25k artificial oversupply that has to be bought back soon.
What about the longs though? Why dont they have to be sold?
1836.
Post 10083074 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
Sellbot running on BFX.
1837.
Post 10085621 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
I have waited 2 fucking years for this bullrun
If I miss the party just cuz I deposited my funds right before bitstamp got closed down, I will be fucking pissed.
Definately will be taking some more loans if bitstamp don't open up soon
Seriously,
This is not trolling , no bullbearwhale crap talk...
You need help.
If you're seriously thinking about getting MORE loans you're right now worse that a bet addict.
And I know what I'm talking about.
Go on..
A guy taking more loans .. so he is already in debt
He needs money and he only has a loan as a solution , it means he has no money outside his bitcoins and bitstampmoney
And yet he wants to take it and invest it (aka smartsuit gambling)
And you don't see a problem with it
Kinda reminds me of that guy that bet "double or nothing" on his stash of ~50 BTC with a single dice roll. Btw, he lost.
Link please!
Fuck that 50 Beanie Babies bet.
This one buried the fucker for eternity
What was the price of BTC at the time of this?
1838.
Post 10087521 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
More like a mild rollercoaster
1839.
Post 10098713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
Mega ask wall
1840.
Post 10099059 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.45h):
Fake volume guy is so annoying with his 600btc
1841.
Post 10119883 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
Why all the conspiracy theories...is it possible that there are simply more sellers than there are buyers?
What does this even mean? It's a nonsense phrase and people need to stop using it.
Pretty obvious what it means. Yes, its easy to forcefully misinterpret, but that's your choice.
1842.
Post 10131730 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
Is the tone... double bottom? Rocket time? Yes, yes I think it is!
1843.
Post 10132069 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
Wow...I can't believe I am here to watch this shit go down!!!
Remarkable...totally remarkable.
This is kind of like when it went to $1100 but opposite!!!
Perfect comparison, lmao. It's just "holy fuck, can it go any lower?!" rather than "omg rocket"
1844.
Post 10132509 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
Do you guys think it will ever recover back one day?
Its still up 100,000% up from inception
From .0025 to $250 is incredible
Correct. This is why it will not recover..
1845.
Post 10132594 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
Do you guys think it will ever recover back one day?
No. 3600 new bitcoins are produced every day. The market doesn't want all those coins, as shown by the falling price. Markus, Willy and other Gox price manipulation schemes were the only reason price went to two, three and four digits in the first place. Now that Gox is gone, Bitcoin is exposed as what it is: A poorly designed pyramid scheme technology that has zero utility for ordinary consumers. The only people who has any use for bitcoins, are a few thousand drug addicts and child pornographers.
The speculative Bitcoin fad is over. Bitcoin will go back to single digits now. A lot of cultists, bulltards, early adopters and other bagholders will commit suicide in the coming months.
Thats BS, I dont believe in Bitcoin but it is extremely useful.
1846.
Post 10132918 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
1847.
Post 10133204 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.46h):
Could a good TA expert tell us what the price is going to do?
I don't know, but the next few days are critical!
I think the few days after these few days are also critical. Perhaps even a few more!
1848.
Post 10133476 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
what exchanges have a stop loss feature? seems dangerous with whales and a thin market.
bitfinex has a stop-stop loss system, so I imagine they have stop-losses
1849.
Post 10133761 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
Hidden wall on finex at 248.1$...
There definitely was! Quite large, too. Nice catch.
1850.
Post 10141287 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
Only $17m USD longs? Wow... remarkable.
1851.
Post 10141405 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
Shit.. rally already failed?
1852.
Post 10144115 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
this is an AFTER X-mas gift!!!! I had a few euros trasfered to kraken
Well done!!! Keep selling people!!!!!
Keep scooping up the "cheap" coins
lol
You know they're uncomfortable with their position when they have to tell everyone else about it. These same people have been "buying" since 1000..
Congrats!!!!!
1853.
Post 10144545 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
Stop selling!!! Seriously. If we all stop selling together, everything will be fine again. Why are you hurting yourselves and being so stupid?
Troll, right? I really hope this is a troll..
1854.
Post 10144630 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.47h):
Reports that certain exchanges (unfair to name any at this point) are now "suspending" withdrawls.
Source?
1855.
Post 10145717 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
lol taht green dildo on bitstamp all from a 300btc buy
1856.
Post 10146076 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
with bitcoin market like this anyone can sleep at night
what will happen tommorrow ?
1857.
Post 10146233 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
When there is blood in the streets it is time to buy.
I dont think that's how the saying is meant to be used, buuuut... I suppose, this is the literal definition.
1858.
Post 10146291 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
Now we got a price where I really start to worry and think about to sell with a loss of 75%
At least I would have 25% more than in a few months when the downtrend continues. Two digits are close and it seems like there is no interest in BTC anymore. I said I will sink with the ship but seriously, that would be a huge loss for me.
75% loss may as well be 100%
1859.
Post 10146471 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
But blocks are still being added briskly (4 blocks in last 10 min) which is good but weird.
I spoke too soon. Last block took 47 min.
Where do you see this? Is this really slow AKA bad? Hashrate still looks OK? I dont see how it would be economical for huge farms to shut down right now, too much introductory costs...
1860.
Post 10146643 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
This is so fucked up. Am I dreaming? I must be. This downtrend is quite honestly unbelievable.
Must be early adopters finally freaking out and dumping?
1861.
Post 10146764 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
The Chinamen:
1862.
Post 10146841 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
The pictures some of you are posting on here are more painful than the price drop.
You mean that you didn't like my selfie?
New lows incoming!!
[img]img]
That's awesome, nice photoshopping there
1863.
Post 10146897 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
1,717BTC market sell. ho-Ho-HO-HOLY SHIT
1864.
Post 10146916 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
China just broke $200 USD!
1865.
Post 10146970 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
It is time..... woah woah.. It. Is. Time. For Stormy Weather
Guess what song?
Not sure what you're asking, but that gif reminds me of this:
https://www.youtube.com/watch?v=BQ9YtJC-Kd8Practically hyperventilating at the bitfinex dumps. There was 10,000 BTC of bids on $200 just a few minutes ago. Now just 2,000...
I feel so bad for all the people who bought high up, who are watching this and losing money. It's great entertainment for me, but damn...
1866.
Post 10147023 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
Oops, yeah, I'm just a bit off there. I just though the color scheme of the gif was really cool, and the video was colorful too.
On another note, $200 held on US markets!
Let's pretend it will never fall and cheer frantically. Overwhelm the bears with cheering. Bears hate loud noises!
1867.
Post 10147068 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
I'm telling you... the next GOX is very close
When People start to withdraw fiat, some will collapse. Scamchanges :-) better get coins and money off exchanges ASP.
That'd be crazy they must be making 100's of thousands on this volume. Never understood why they'd kill the goose that lays the golden eggs
If they invested all profits into BTC, or even customer funds into BTC, it's possible that scam exchanges (if they exist) could shut down.
1868.
Post 10152380 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
$3m in fresh bids on bitfinex, $2m on bitstamp.
Breaking $200 was a mix of longs closing and shorts opening. Moon time yet?
1869.
Post 10157693 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.48h):
Litecoin:
1870.
Post 10158567 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Something is really screwy on BFX. I tried to put in limit sells order over $300 and it executed them immediately as market sells! I immediately closed the positions at a small loss, but there is no way I'm risking this shit. My coins are coming home.
Unless there is reason to believe otherwise, it was probably a typo.
1871.
Post 10158600 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Something is really screwy on BFX. I tried to put in limit sells order over $300 and it executed them immediately as market sells! I immediately closed the positions at a small loss, but there is no way I'm risking this shit. My coins are coming home.
Unless there is reason to believe otherwise, it was probably a typo.
was not. I tried it several times with differing amounts and differing prices.
Well then, that is extremely "bad". I doubt it has much to do with the downtrend, though.
1872.
Post 10159302 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
@drbrock: also, probably best not to go around saying how much BTC you hold. this place teems with all manner of sophisticated crooks.
Fair enough. Although Im sure its not worth much to anyone here who I assume have a LOT more then me.
Also the private key is in my head so they should be safe right?
seriously what the hell is CCMF
ur bout to be waterboarded
1873.
Post 10159345 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
1874.
Post 10159470 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
This looks like a very typical pattern after panic downward spike. This should keep going up for awhile as long as the pattern holds. What happens after is anyones guess.
1875.
Post 10159696 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Who are the "Four Punch Raiders?"
The guys who scooped up all the coins at the bottom because they caused the crash. The guys who have been doing this four times and now the fifth time since the bear market began. Heavy hitters with a four punch combination
Crash/bounce
Stutter step
Spike
Second Bounce
Next! On bulltard conspiracy files. Is the four punch manipulator REAL? New evidence, to be seen for the first time on our next episode!
1876.
Post 10159787 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
For whats it worth, I am a fan of Btc and have been following since last Nov, but I must say, The TA on here has been atrocious.
And please stop with the cheer leading posts, its laughable
ccmf posts make me cringe
sorry this is the wal observer thread, not TA, we just come here to circle jerk with memes and to observe trolls in the times of darkness, it makes us feel better
Dat wal....fapfapfap...
Do u guyz remember the 30k whale wall? Omgheerr that was SOOOO HAWT. I think he was even cuter than the 70k wall at $70 somtime ago, but they was gorgeous too.
1877.
Post 10159817 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Its a good thing I'm not trading on my own advice lately. I'm doing awful! Unless this is just a mini beartrap here...
1878.
Post 10160663 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Just a matter of time..
1879.
Post 10167556 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Of course it can't fly. It's on rails. Don't be so preposterous.
1880.
Post 10167597 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
People sending coins to old address?
1881.
Post 10167632 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
PANIC
Good luck panicking through the 5k coins above 200.
*cough* Fake walls. They will crumble after the first big selloff.
Told you.
This is not over. You can sell now and buy back @ 155$ or just hodl it out.
You didnt tell shit. The walls arent even being pulled, you nutty conspiracy theorist. Theyre just being sold into.. you know, what theyre made for?
1882.
Post 10167668 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
You didnt tell shit. The walls arent even being pulled, you nutty conspiracy theorist. Theyre just being sold into.. you know, what theyre made for?
Bagholder talk. I like it.
I should probably draw a picture next time. Or better a MEME. Even you should understand then.
You're retarded as hell..
1883.
Post 10169255 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.49h):
Mark Karpeles is now almost confirmed as the culprit of both Silkroad and the bitcoin price; Buy if you want to. I'm out. Good luck bulls.
If this is true I go leveraged all-in.
This is crazy bearish if true... in my understanding.
1884.
Post 10179492 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.50h):
I sense an impending...
1885.
Post 10182294 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.50h):
break out at any moment
Were there any specific technical indicators that led you to this conclusion?
I had a solid shit and it was greenish.. Thought it could be a sign seeing as the last time I got anything out was a week before the 152 bottom when I had the runs and my ass bled for 3 days. Seemed like a good indicator of a trend reversal...
lmao, thanks for the chuckle.
1886.
Post 10190959 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.50h):
Nothing to add...
I can buy 30% less smack now than I could last week. Bloody ridiculous
Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...
Problem: theres no point in that. Bitcoin is less secure and harder to use..
1887.
Post 10202456 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.51h):
210 buyer is starting to despair
Doubtful. Totally possible, sure, but every one of those 2k buys is going to a hodler. Well, hodler for awhile. Maybe. Possibly not. No idea.
1888.
Post 10255471 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.52h):
wtf is going on with stamp?
Srs, wtf
1889.
Post 10262169 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
Annnddd It's gone.
What is? The pump?
EDIT: Yep, I just looked and saw the dumps
1890.
Post 10262186 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
Annnddd It's gone.
shorters taking profit.
Moon mission will return in little time
Uhh, shorts taking profit makes the price go up
1891.
Post 10262192 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
Closed my position at 292
Always nice these people come in after the fact, isnt it?
1892.
Post 10262466 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
And of course, my $289 sell order that I pulled would of been perfect
Always this shit...
Dont worry you'll probably get another chance to sell at 289 on the next surge upwards
At which point he will be gagging to re-buy at $310
wow
https://www.youtube.com/watch?v=WBsxLMCA8R8Internet too slow, whats the jist of it?
"the next 72 hours are
critical"
Listen again. He sent this vid to the 'elite group' two days ago when the price was $230 ish.
That was fairly interesting. He was clearly saying it was gonna go up, and to cash out then.
Not sure how "infusing bitcoins into an exchange" makes the price go up.
1893.
Post 10268269 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
ARE YOU HAPPY?
You made somebody lose 5770 BTC in a margin call because he went long when you screamed "last chance to buy!"!!!
In liquidations at OKcoin:
OKCoin Margin Call
2015-01-26 23:39:23 Close Long $270.50 15608Cont≈฿5770.0555
Really? How much did they have??
1894.
Post 10268811 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
What is it? The volume on the contracts far exceeds regular exchange volume, so 10k seems only large rather than like titanic as it would on a regular exchange.
1895.
Post 10270215 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
The entire BTC fiasco is TERRIBLY RIGGED and the BIG WHALES are FLEECING & FOOLING the masses.- Bitstamp gets hacked, and is robbed of only a pittance, just 5m compared to HALF a BILLION at the time of Gox. Yes Billion with a "B"
And they agree to payback? common guys.
- Vault of Satoshi, the Canadian exchange, announces CLOSURE of Business.
- egopay's ego goes down 69
- bitcointalk goes down multiple times.
- Phil from Bitfinex admits to insider trading. Do you think he is just naive to do that?
- WinkyTwins anounces Gemini. (I hate them.)
AND the BIG GUNS-
Coinbase announces $75m funding round from NYSE, USAA, BBVA, Japs & Vikram-Citibank.
Valuation $400m- 15% of the entire BTC market cap- makes me burst into tears & laughter.
& then
<COINBASE announces that they are opening up the first US based exchange>
The entire thing is a tightly knit screenplay. Insider information can take you far!
Can tell you EXACTLY, what the BIG guys are planning in the next 24 hours. Serious & Smart money can be made.
Nothing comes free. 16xwVEizxC3EWs3cXfPkBrcZPuPJfnCWzC
Yes, this is a brand new a/c & I wear many masks.
WARNED.Common kids, gimme your candies. Here comes dadda
Something more exciting in next 48 hrs.@findftp Forget it, you will never get the message being communicated.
The word is cryptography.
^GTr*)
1896.
Post 10270258 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
This forum needs a button called "Mark as Troll", if enough people mark somebody as a Troll, all their messages can go straight to the "moon" folder where nobody has to read them.
The ignore button (a couple of years ago) used to glow from light yellow to darker orange depending on the amount of ignores, so if you saw someone with a glowing Ignore button you knew he was ignored by so many users(doesnt mean he is a troll though), you know someone like you would have a red glowing button.... but thanks to Theymos and his free speech hardcore support (which I do support as well) this doesn't work anymore.
Indeed. How about someone suggests this for the new forum. Should be easy to implement.
I've been looking, well carefully following the thread (since my last post here). The amount of trolls is amazing.
Whatever happens (price goes down, or even when it goes up like today) they keep spreading FUD or mocking us and/or Bitcoin.'Free speech' is important, but there has to be a limit somewhere.
This would be totally abused by trolls that would mark people as troll with tons of sockpuppet accounts.
Dont allow mark as troll unless you're a trusted member then
1897.
Post 10278271 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.53h):
Typical for retarded bulls...
Buying loads of coins after sudden 3k dumps.
Let's be honest.. the bears do this after large buys, too.
1898.
Post 10288713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Now that's what I call a dump. Wow
1899.
Post 10289458 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Short Squeeze incoming!
There are barely any shorts left to be squeezed... It already happened. 13k shorts closed, 13k left.
1900.
Post 10290585 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Edit: I just realized that the USD swaps may include LTC longs as well.
I think your correct
Good point. Probably no more than $200,000 of it though, so very insignificant.
1901.
Post 10290760 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
What do futures mean and do to the "real" market? I dont really understand what they are or why they are traded -- if you dont mind explaining
1902.
Post 10291051 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
What do futures mean and do to the "real" market? I dont really understand what they are or why they are traded -- if you dont mind explaining
Simply a gamble on the future BTC price (e.g. every Friday) winner gets the BTC deposited by the loser. The effect to real market: the most important one is that now people have chance to gain from price going down. With high leverage, they can dump in the real market and earn more than their loss from shorting on the future market. With the earned BTC, they can dump again...
Interesting. So then these 14,000 contracts represent real coins?
1903.
Post 10291445 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Edit: I just realized that the USD swaps may include LTC longs as well.
I think your correct
Good point. Probably no more than $200,000 of it though, so very insignificant.
Look at the ltc short interest and compare it to btc
Yes, and the number you'd get is like $100k USD LTC longs if the ratio is kept the same.
1904.
Post 10291457 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
BTC3,500 dump on BFX just now
1905.
Post 10291479 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Look at pathetic BTCChina, supposedly the volume leader.. cant even break down a BTC1,400 wall. They're falling behind because the wall is too large to break.
Pathetic. That exchanges real volume is probably <20K a day, not >200k
1906.
Post 10291513 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Whee, glad I kept my short open from $300.
According to BFXData, this massive dump is not the product of new shorts. Actually, about 300BTC of shorts closed during the dive. And $100k of new longs.
So those knife catchers are actually just people closing shorts and going long.
1907.
Post 10291630 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
massive dump
A single
BTC3,500 market dump. WOW! Thats on top of the split orders that totalled
BTC3,500 just minutes earlier. And, more thousands inbetween and after!
1908.
Post 10291732 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Love the new, creative GIFs guys.
Its funny watching China right now. First, they were looking at Bitfinex like they were on drugs and refusing to follow. Now, Finex is calming and they just keep trending down like a sinking ship.
1909.
Post 10291854 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
BTC1,000 ask on $240.
1910.
Post 10292028 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
HUOBI IS DOWN!
1911.
Post 10292185 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Huobi being down may keep the price within a narrow range for awhile. Until
A: Traders figure out theyre down
B: Huobi makes an announcment
C: Bad news
Price shouldnt do much
1912.
Post 10292259 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Now $1m of longs closed, and 500BTC of shorts opened.
1913.
Post 10292336 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Must be a funny dump when China wakes up.
What are you smoking? China dumped with the rest of them.
Not quite. Very little volume from all of them.
1914.
Post 10292380 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Must be a funny dump when China wakes up.
What are you smoking? China dumped with the rest of them.
Not quite. Very little volume from all of them.
Huobi alone dumped 3 times more than stamp, where the dumping started, so it seems they reacted.
...how did I know you would say this?
If Huobi generally does 10x the volume and only did 3x right now, theyre not really reacting.
1915.
Post 10292485 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Must be a funny dump when China wakes up.
What are you smoking? China dumped with the rest of them.
Not quite. Very little volume from all of them.
Huobi alone dumped 3 times more than stamp, where the dumping started, so it seems they reacted.
...how did I know you would say this?
If Huobi generally does 10x the volume and only did 3x right now, theyre not really reacting.
That's because it looks like they went down in the middle of it.
No.. they went down when it was over, low volume period...
1916.
Post 10292816 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
And theyre live!
1917.
Post 10304680 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear.
If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark.
They arent fake.. theyve already been sold in to.
FUD
1918.
Post 10305069 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.54h):
Its hilarious how quiet this thread goes when the price is rising compared to when it falls $10. Just trolls left = confirmed.
Uhh, thats because the price isnt doing anything right now. No volume.
1919.
Post 10312004 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.55h):
Finex really wants to test $220.
1920.
Post 10322730 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.55h):
I have a question for you guys:
You own 5k bit-coins. What do you do? Serious question.
I'd probably cash 4k of them and hodl the remaining 1k
Same. I'd definitely want to hodl a percent just in case.
1921.
Post 10340260 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.55h):
Finex shorters getting absolutely massacred (assuming this rise ISNT shorts closing)
1922.
Post 10346207 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.56h):
NOT ENOUGH SHORTS...you should short MORE...otherwise we will not go to 0 and you will not MAXIMIZE PROFIT...bears said we will NOT go higher -> there is no better opportunity
FULL MAX LEVERAGE SHORT
This guy gets it. Short to oblivion, then never close the shorts so you aren't forced to take a loss when it rebounds. Remember, it's not a loss until you buy back.
1923.
Post 10349958 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.56h):
Bitstamp is acting really funny. So is bitfinex. What is it with the zigzagging when the price starts to move? Reminiscent of Gox.
1924.
Post 10370779 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.56h):
Long are super cheap right now, like half the previous low. Shorts are getting cheaper, but still not that low.
1925.
Post 10373097 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.56h):
1926.
Post 10381177 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.56h):
6:10PM EST
Silly rabbit! Slow and steady.
Why would you think that is their goal?
1927.
Post 10400433 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.57h):
What's up with the big market buys directly followed by big market sells. Stop orders?
Its on BFX and Bitstamp, too.. odd odd odd
1928.
Post 10433810 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.58h):
Why is the Coinbase exchange retarded according to Chartbuddy?
1929.
Post 10471860 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_13.58h):
LOL at the pump & dumps ...
So much for that stability
1930.
Post 10549181 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.00h):
I noticed this before on the orderbook
Anyone else finds that weird?
I would think that would be a bot carving up some coins. Or are you thinking of something else?
Well, the 237.47 order is mine so I just thought it was a strange coinicidence. Or somebody is trolling me
I wouldn't care about it if it wasn't for the strange incident that happend yesterday night. Also, what kinda makes it more suspicious is that it struggled to go above $237.46 for a solid hour
Bahaha! I did this sort of stuff when I actively traded too. Endlessly one-upping peoples orders when you could tell they were human.
1931.
Post 10551743 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.00h):
KeyserSozeMC skimmed my post history once. Called me 'that meme guy'
Have a lovely week Bitcoiners. I hope.
No you dont
1932.
Post 10633102 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.01h):
Likely unsustainable. I wouldn't bet on this going anywhere but down in short term (1week)
1933.
Post 10648913 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.02h):
Orderbooks are screaming down... Probably $250 at the "most".
1934.
Post 10649001 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.02h):
Likely unsustainable. I wouldn't bet on this going anywhere but down in short term (1week)
serious business we have got here
I worded it clearly because more rising more within an extremely short period of time was not impossible, or even unlikely, with a market this irrational. Hence, 1 week. If I said the price would be higher next January and it fell to $100 in November, but up to $400 in January, that wouldn't really matter, would it?
Also, obviously, orderbooks are subject to change quickly. However, they usually predict well. Right now they are terribly bearish. Could it be insanely bullish in 10 minutes? Or a day? Maybe.. but, right now, its not.. and it probably won't do anything like that.
1935.
Post 10661673 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.02h):
you guys are pretty full of shit acting like there is support and resistance here
Where did that ask wall at around 272 on bitstamp go? was it bought? no it was dropped because we go wherever the market makers want us to go.
Shorts just shy of 19k on finex. Nothing organic about that selling..
You realize $4m of longs, or 16k BTC went long in the past few weeks? Yet 4k new shorts today, after 10k closed in the last few weeks, is inorganic? Get a grip
1936.
Post 10663868 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.02h):
where can you see finex' shorts and longs?
http://bfxdata.com/swaphistory/totals.php
1937.
Post 10676443 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.02h):
Sell @ $275.59
1938.
Post 10683951 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
For anyone attempting to trade on Bitfinex right now:
Need help? United States:
1 (800) 273-8255
National Suicide Prevention Lifeline
Hours: 24 hours, 7 days a week
Languages: English, Spanish
Website:
www.suicidepreventionlifeline.org
1939.
Post 10686895 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Usually the bid end is a lot bigger.. that's the problem
1940.
Post 10714297 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
1000BTC in one chunk just dumped on finex
Dumped to another account. I see this happen a lot on the tape. Whales getting ready.
For what?
1941.
Post 10714547 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Long term downtrend breakout on Kraken BTC/EUR 1m.
Had to look this up. It's true. QE in the Eurozone might be a driver for rising bitcoin prices.
Small exchanges do random things all the time. There is no significance if they break an uptrend or downtrend before any of the real exchanges. Not to say they all wont. But who cares about Kraken?
1942.
Post 10714642 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
ooh, $294 gonna fall tonight?
Certainly looks that way. Lots of nice bids piling up on BFX. Shorts closing though, so anything too spectacular is bound to collapse back down, at least temporarily.
Long term downtrend breakout on Kraken BTC/EUR 1m.
Had to look this up. It's true. QE in the Eurozone might be a driver for rising bitcoin prices.
Small exchanges do random things all the time. There is no significance if they break an uptrend or downtrend before any of the real exchanges. Not to say they all wont. But who cares about Kraken?
It's not a random thing. The price is lower than on Bitstamp.
It still doesn't matter what an exchange that small does. It wouldn't matter if someone dumped down to $10 on Kraken. They mean nothing.
1943.
Post 10714684 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
ooh, $294 gonna fall tonight?
Certainly looks that way. Lots of nice bids piling up on BFX. Shorts closing though, so anything too spectacular is bound to collapse back down, at least temporarily.
Long term downtrend breakout on Kraken BTC/EUR 1m.
Had to look this up. It's true. QE in the Eurozone might be a driver for rising bitcoin prices.
Small exchanges do random things all the time. There is no significance if they break an uptrend or downtrend before any of the real exchanges. Not to say they all wont. But who cares about Kraken?
It's not a random thing. The price is lower than on Bitstamp.
It still doesn't matter what an exchange that small does. It wouldn't matter if someone dumped down to $10 on Kraken. They mean nothing.
It's the USD/Euro exchange rate that makes this happen now. Not that Kraken is a small exchange.
Oh, so you're saying it's because of the dollar. But what do you think that means in terms of bitcoin?
To be honest, I hope we won't see a rally.
A slow and steady rise from here would be very bullish.
I hope this, too.
IMO a slow rising price provides the most pain to the market atm, as both, bears and bulls are stay uncertain about the possible outcome.
This. When the price moves too quick, shorts and longs fuel the rise/drop. So if this were to go to $300 you know the shorts will be around 13k or less. What happens then? More shorts open. Price falls again. If it goes up slowly, shorts will close and new ones will open, longs will open and others will close. Sustainable.
1944.
Post 10714781 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Oh, so you're saying it's because of the dollar. But what do you think that means in terms of bitcoin?
I'm saying it's happening on Kraken because of the weak euro. I don't think it says much about bitcoin. (But higher bitcoin prices in USD on the other exchanges is positive for bitcoin.)
Ah, sorry, I misunderstood.
So far so good for the rise. Bids arent being retracted to market order, instead theyre up nearly 1/4th on BFX since the rise started. Very nice! Only 2k of shorts closed, too, so that's good.
Huobi looks overbought though. Generally when they are so one-sided it's gonna end up moving the unexpected direction.
1945.
Post 10716563 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Finex wall was real, and eaten.
I missed it, what happened? All I can see is the 7m USD bidsum on Bitfinex, up from $4.8m earlier today...
1946.
Post 10717871 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
bids getting thinner and thinner.. longs prepare for the squeeze.
I dont know about a squeeze, but the bids are thinning. Probably a fake wall, but Bitstamp did get about 4k of asks on 300 at once, so they look very unhappy with the current price.
Downward detour likely..
1947.
Post 10724429 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Unfortunately it's not being wired to an exchange.. We'd be into the 1000s with that lol
1948.
Post 10729550 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Who cares about Loaded? Last time he made a winky face the price was a lot higher, and people thought that somehow his wink predicted a new bubble. He's a guy with a lot of bitcoins, he can't push the price up.
1949.
Post 10730204 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Loaded is a multimillionaire. And so are his friends and investors. If you think he can't push up the price because he already has tons of bitcoins, and all of his and his friends money are already in bitcoin, then you are dumb.
We are moving up so fucking deal with it, and quit trying to make an excuse for every bit of good news just because you shorted or sold at the bottom.
lol angry bagholders dont want their moment of euphoria ruined. like i said, last time he came and winked all of you delusional bulls did the same thing.
Auction coins went for a good price. All I can say on the subject.
Good = high
or good = low?
Probably above market, which is good. But does it really mean anything? No. It still relieved 50k of demand...
1950.
Post 10730234 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
Loaded is a multimillionaire. And so are his friends and investors. If you think he can't push up the price because he already has tons of bitcoins, and all of his and his friends money are already in bitcoin, then you are dumb.
We are moving up so fucking deal with it, and quit trying to make an excuse for every bit of good news just because you shorted or sold at the bottom.
lol angry bagholders dont want their moment of euphoria ruined. like i said, last time he came and winked all of you delusional bulls did the same thing.
You and tarmi are sounding increasingly worried..
Worried about what, exactly?
1951.
Post 10730815 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
If they wanted to collect coins, why wouldn't they just market order everything that wasnt theirs on $300? Or, some of the 7k+ that has been on or under $300 on BFX? Doesn't make sense.
It also doesnt make sense for it to be a real wall, unless they think this is the best way to offload a bunch of coins... (other exchanges rally, people go nuts on his wall, what happens after he don't care)
1952.
Post 10731339 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
People are opening longs at 0.75% a day FFS! The entire USD Long end has been wiped...
Last time this happened, the price dropped 30% the 30 days following the spike. Obviously, this isn't reason to believe it will happen again in that same way, but it is a possible warning sign.
1953.
Post 10731465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.03h):
People are opening longs at 0.75% a day FFS! The entire USD Long end has been wiped...
Last time this happened, the price dropped 30% the 30 days following the spike. Obviously, this isn't reason to believe it will happen again in that same way, but it is a possible warning sign.
Is all the USD in long positions or simply reserved?
Dont know.. probably reserved now that you mention it.
1954.
Post 10744178 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
Well, someone wants to hold under 300.. What's with all the walls everywhere?
Or they know a breakout results in their asks being eaten in full, so walls at critical values are logical..
Not everything is a conspiracy
1955.
Post 10745073 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
Where'd all the bitstamp asks go
1956.
Post 10745124 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
2k ask wall at $295 @ BFX
1957.
Post 10745278 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
THE BITFINEX $1.2M WALL HAS BEEN REMOVED!
1958.
Post 10749650 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
Wasn't that wall like 40k at its peak? That one burned me hard.
1959.
Post 10757806 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
Crazy walls are back in action on the bid side at Finex.
Edit: Poof they are gone after a 1000 coin dumpage.
Someone creating illusion of support?
1960.
Post 10763905 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
Bear puts up 300+ ask wall, starts to get nibbled but holds
Bull market buys it with a 320 coin order
Bear immediately anger dumps 500+ coins, showing his hand and emotional state
This is not the activity of a good trader. Plenty of gamblers left to extract money from.
He got 300 coins without slippage and someone else didnt want to risk others selling before them? Many explanations. Also, stupidity is a choice.. lol
1961.
Post 10764027 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
This is fun to watch. Tons of buyers placing their bids in front of the (once) 1.5k bidwall. If that wall goes, it took a lot of buyers with it.
1962.
Post 10764049 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
All the buys that are happening on Finex are on margin it's not good and it's not healthy.
Holy shit lol! People are opening longs through the dumpage. Unheard of!
1963.
Post 10764112 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
LMAO! Look at the BTC swap demand! And the rates; it's extremely expensive to go long right now and people are still doing it.
1964.
Post 10764697 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
Amazing how a 1% drop after double digit gains and the shits come out the wood work again
Amazing how double digit gains after triple digit losses brings back the bulltards
1965.
Post 10775883 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.04h):
...
Bots are just stupid. Who need the price to be displayed here. Welcome in my ignore list.
Yeah. I have to agree with you, Chartbuddy is a bit annoying as well.
Though bitcoin going up is good news
Hoping it can hit $300 next week.
Chartbuddy is ignored by so many people here. i have the price displayed all the time on my phone (bitcoin checker) and my computers (bitcoinwisdom), i really don't need to read it here.
Chartbuddy is one of my main reasons for visiting this thread.
To me it's not about displaying the price. There are lots of sites that do that.
It's about the nice graphical display of the changes in multiple order books.
If it had its own site and updated every minute, it would be one of the tabs I'd always keep open.
Yeah, I like chartbuddy a lot too. It's like btccharts, except you dont have to deal with that awful interface.
1966.
Post 10801645 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
Using excel to predict prices for an unstable market. Genius! Seriously.. take Econ 100 at highschool or something because.. wow.
1967.
Post 10816404 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
ROFL
Not sure if it was just bitcoinwisdom, but there was ~2600BTC single market sell on Bitfinex.
1968.
Post 10816456 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
Watching that price dropping like a predator
When it falls this hard, it always goes back up. Even if only temporarily.. now seems like a bad sell point. Wait for mid $260s when the bears stop selling and the bulltards buy into shallow waters.
1969.
Post 10816481 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
IS this fall normal??? just an correction?? or is it extraordinary?? Does it go faster, normal or slower then average?
No its not normal its all the fucking idiots long on margin who caused the rally in the first place.
According to BFXdata, longs are still rising, so they are not responsible. They will be responsible for the $100's once they are margin called though..
1970.
Post 10816501 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
IS this fall normal??? just an correction?? or is it extraordinary?? Does it go faster, normal or slower then average?
No its not normal its all the fucking idiots long on margin who caused the rally in the first place.
According to BFXdata, longs are still rising, so they are not responsible. They will be responsible for the $100's once they are margin called though..
Who do you think is catching this knife? Do you think its real money or do you think its more margin. Think that should give you your answer.
More longs opening are slowing the fall. Which is very bad..
1971.
Post 10816552 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
More longs opening are slowing the fall. Which is very bad..
Bad for what??
Bad for the next month as they are all closing, good for the very short term (this week).
Sort of like if you checked BFXData, and saw that 10,000 shorts opened today. Yeah, it's really bad today (because that would knock the price down a lot), but in a few days they'll all be closing and pushing the price back up from wherever it is then.
1972.
Post 10816666 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
Holy shit men. These are powerful dumps. You'd all better hope BFXdata just hasnt updated yet, because if there really arent new shorts or closed longs yet...
1973.
Post 10817674 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
saxon84
I transferred my wifes saving at $297 what a disaster :/
saxon84
no. holding. hopefully it will retest $300.... well i'm sure we're going to breakout above $300 soon.
He shouldn´t have listened to that damn bullscammers. I hope Blitz and theymos will ban them one by one. This is getting a serious problem.
Hes only down 1/8th.. not so bad? I mean, yeah, that's awful for his wife. But I'm sure many people are sitting on losses far exceeding 1/8th from this drop..
1974.
Post 10825450 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so. I believe it is more painful to miss out on that than just riding out these crashes, or equally so.
But price is not some magical thing that does whatever it wants.
Past bubble happened because people wired millions and millions on exchanges and you were clearly able to see it, among other things.
If price is about to go in a bubble you will be able to tell.
This time around it looks like nobody gives a flying fuck tho. At least for now.
$14-15M in bids currently on bistamp, bitfinex, btc-e, okcoin, huobi, btcchina, okcoin and coinbase ("$75M from NSYE!!!11!") combined, and still relentlessly going down.
3600 coins mined a day (almost $1M a day at current prices) and still 2 years of that shit.
Marketcap at $3.5-4 billion.
Any way to get a cumulative chart like that? BFX, Bitstamp, Huobi (BTC-E/OKcoin if you can get the full orderbook)
1975.
Post 10825822 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself :
you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction.
It predicts NOW, not the future.
1976.
Post 10825957 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself :
you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction.
It predicts NOW, not the future.
Now it is your turn to contradict yourself :
predicts & NOW
I didn't think I'd really have to expand on that. If the bidsum is still hitting new lows, then the price will, too. If we suddenly saw a spike in bidsum, then you'd expect a price rise. Not really contradictory, it just can't predict a month from now, because bidsum can fly up and down.
No...
1977.
Post 10826465 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
What the hell just happened to the bid book on finex?
now thats a wall.
And here you can see the bidsum predicting now..
1978.
Post 10826517 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
Well, that whole wall is gone now. What happens from here? That took a lot of coins off the market if he is a serious buyer..
1979.
Post 10826595 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
According to BFXData, that entire wall was just a massive long position..
1980.
Post 10826761 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
Going down below 260. Just some crazy buyer.
That's my take on this...
It would be more convincing if it wasn't based on swaps. But could someone be hogging all the swaps in order to keep weak hands from worsening their positions?
Someone trying to keep the ship afloat? Yes, definitely. Did anyone catch how many days this $2m long was active for? I missed that part.
1981.
Post 10827701 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.05h):
so let me get this straight, 700k went long on that spike to 269.5 on finex, and at about the same time 450k went short. I guess one could well have been in response to another. It looks like the long was a margin buy, did anyone see it?
There was a 5k wall placed at 250, minutes later it broke up into staggered walls, seconds later it looked like all 5k plowed into the asks.
you are not telling it right.
someone borrowed another 1.3 mil, flashed it with a massive buy wall on 250, a lot of lemmings and whale kamikaze bought a lot of short positions.
that's it.
and I prefer wine to beer.
Yeah a lot of it getting eaten was shorts, but not all. $1.4m of longs opened, cleared out by less than 3k of shorts. So, that's about
BTC5,500 vs
BTC3,000.
1982.
Post 10860788 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.06h):
Sigh, it's frustrating that some people in here don't even know what the term "ponzi" means. Let me unfold it for you then:
Bitcoin is not a ponzi scheme
Wikipedia defines a ponzi scheme in the following way:
"A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme."
Now let's see if that fits bitcoin:
-Does bitcoin have central authority? No.
-Does bitcoin pay returns to its investors? No.
-Does bitcoin require an ever increasing flow of money to sustain it? No.
Bitcoin is not a Ponzi scheme. It's a true innovation in computer science and solves a well known problem called the Byzantine Generals problem.
It's a new type of monetary system based on mathematics and rare numbers. That's why it's a game changer. That's why we see 5-10 million investments to bitcoin startups every week. It has nothing to do with a Ponzi scheme.
http://www.ted.com/conversations/23415/bitcoin_is_not_a_ponzi_scheme.htmlThat doesn't mean its not very similar
. A pyramid scheme may be a better definition.
Seriously, I don't really believe its either, but when you come back with retort like this...
1983.
Post 10863639 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.06h):
the next crash will be spectacular.
$9m of new longs and 2k shorts close (net) over the past 30 days.. yeah, I'd say this isnt looking good.
the next crash will be spectacular.
Cool! I wouldn't mind picking up some more cheap coins!
Because for a bitcoin believer, $200 and $260 are so different. You're full of shit.
1984.
Post 10863713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.06h):
> 270 within the hour.
Great call, bro.
Here is mine: $180 by Friday.
lmao
1985.
Post 10871513 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.06h):
Huobi order book... Holy shit
Usually this signifies reversal.. But I've never seen it this bad before
1986.
Post 10886523 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.07h):
once all the shorts are in, we should be able to move again.
shorts still increasing, this could take all day...
now >21K coins
good stuff.
And short swap rate increasing, just reached 0.1
Wow, big spike. Good - let's clear these shorters out and see if there are enough real coins to push the price down anymore..
1987.
Post 10892320 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.07h):
Don't take volume seriously outside of us markets. I mean, kraken, etc. Are probably legit too, but so small.
Admittedly the China trio all using fake volume bots is annoying
1988.
Post 10892378 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.07h):
that 2k buy on bitfinex was a shorter who panicked.
thanks dude, great entry point for my new position.
btc you have my permission to crash & burn again.
How do you know? Bfxdata still showing over 23k shorts for me
1989.
Post 10916973 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.07h):
So much leverage..
1990.
Post 10924596 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.07h):
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
It's not a trap my friend........
This was even better because the image wasnt fully visible on my screen until I scrolled LOL
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
You are wrong this time. it will never test 330 again. this is it!
If people short here they will lose out big time we are just over a day from + 370
Another one of you every day. This is just a few peoples claims I remember from the past week.
"WELL NEVER SEE $360, YOURE NUTS!"
"$350? WHAT THE HELL? ITS MOON TIME!"
"$330 IS
IMPOSSIBLE"Today, its "no $330, ever again"
$200 is coming. $100 is coming. Its just a matter of time.
QFT
if you are waiting for $ub 330. you will regret it forever. It will never happen.
Im not sure I understand your quote. QFT = Quoted for truth. You are disagreeing with me. Maybe you mean for future reference?
QFT because you seem to think $200 and $100 BTC is coming.
I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
By Monday, you'll agree with me.
Just gonna.. post this here. More in reference to the bull-trolls. This guy here lost everything on a leveraged trade. Ouch
1991.
Post 10955988 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.08h):
The entire bid end of that is less than $100,000..
Well under $100,000. Only $15,826.00. I'm sure it will grow, but this is really bad IMO.
1992.
Post 10994836 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.09h):
Bears be like:
1993.
Post 11002868 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.09h):
It seems like a long squeeze would be the only way for BFX to move down. Tons of shorts, bidsum is improving.
China wants to go down though, so its possible.
1994.
Post 11004984 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.09h):
It's a battle of leveraged positions.
Seriously, somethings got to give here... More money says shorts are going to give first, but I imagine both cascading together..
1995.
Post 11022902 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.09h):
And the shorts + longs just continue to pile up.
That was a really powerful dump though.
1996.
Post 11031330 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
I just turned .2 into 20 btc, a x100 on crave in the last 2 weeks and its still going up.
Your post is bad and you should feel bad
Apologies I feel terrible. Um, not. Infact I just worked it out properly its more like .2 into 35btc. Feeling great actually.
Nice! Be careful though. Your coins alone would substantially depress that market if you tried to sell.
1997.
Post 11031366 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
What's going on here, gentlemen? Is the rocket trip still on?
Minor issue with linear fusion plasma core - it's developed an intermittent inductance that's causing a field mismatch.. Looks like a simple external redirection will put her back on track. No worries!
1998.
Post 11033259 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Where did you find that chart?
Looks scary. Coinorama.net doesn't work for me anymore
1999.
Post 11034702 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Where did you find that chart?
Looks scary. Coinorama.net doesn't work for me anymore
Coinsight:
http://coinsight.org/bitstampThey don't have OKCoin tho.
Thanks! I realized after asking I just had to check the URL of the image and coinsight.org was right in there
Had no idea a full BTC-E orderbook was available, so that's pretty cool.
2000.
Post 11035547 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Who is afraid of the big scary asks on finex.
2001.
Post 11036411 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Looks like traders actually stopped trading... Normally we would have tons of volume, now everyone are just waiting for manipulator to stop shitting the orderbooks.
Mr. Manipulator, I think you need to put more asks to help us buy more as low as possible
Manipulator?? Selling into a couple million dollars of bids and then having about 7k more they want to get rid of is manipulation?
This sounds stupid enough if you pretend its one person, as you are. Instead, this is probably a lot of people. Are they all working together you damn lunatic?
2002.
Post 11036654 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Looks like traders actually stopped trading... Normally we would have tons of volume, now everyone are just waiting for manipulator to stop shitting the orderbooks.
Mr. Manipulator, I think you need to put more asks to help us buy more as low as possible
Manipulator?? Selling into a couple million dollars of bids and then having about 7k more they want to get rid of is manipulation?
This sounds stupid enough if you pretend its one person, as you are. Instead, this is probably a lot of people. Are they all working together you damn lunatic?
Oh c'mon. Look at the bitfinex ask side...
Not saying it is one guy! But price manipulation is so obvious right now.
If this is manipulation, was the $3m of fresh bids that accumulated over a few days manipulation, too? You can't pick and choose which major orderbook changes are manipulation and which arent.
2003.
Post 11037721 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Did we really need a pageful of that shit? Intentional troll??
2004.
Post 11038795 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Here comes the storm!
What the fuck is the holdup? Orderbook is angry as hell and all we can get is this hundred BTC dump here and there? DO SOMETHING WHALES! I'm lost without you!!!
2005.
Post 11043332 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
I'd have to agree some of those people are not trolls, like tarmi. He's an opinionated bear, but he shares valuable info in my opinion, since he appears to put his money where his mouth is
2006.
Post 11043847 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Shorts are going up again
and longs are down
no wonder price went down...
I'm on this shitty mobile. What's the numbers now, long and short?
26,070,445.02 USD
27,356.31 BTC
as of April 10, 2015 - 05:13:46 PM CEST.
Asshole shorters...
You'd think they would stop shorting once there's already 25k coins shorted. Do they like to be burned? It's kinda hard to go down when 27k "fake" coins have been released on the market.
2007.
Post 11045120 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.10h):
Meanwhile lets have a look at chinese wash volume regular
Some consider that a market maker.
The asks rebuilt within minutes and now are even stronger. Seems like serious buy, but no big deal
2008.
Post 11064752 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Does anyone else find it ironic that some people refer to a distributed transparent ledger as a pyramid scheme while making no mention at all of the current debt-based, fractional reserve lending system?
What makes the current system pyramid like?
2009.
Post 11078713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
here we go boys!
Another trendline someone made up to confuse people?
2010.
Post 11078831 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Someone is closing his shorts...
USD 0.1029% 0.0708% 25,544,573.57 USD 25,509,538.39 USD
BTC 0.0484% 0.034% 24,165.08 BTC 23,882.85 BTC
More fuel for the dumps becoming available..
2011.
Post 11078914 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
whats happening to btc
why it is crashing hardly, anyone have idea for this
i haven't seen any bad news why it is dropping -6%
Because greedy whales want more
And the market follows
Everyone knows the best way to acquire more of something is to sell all of that something you currently possess. Catnip prices too high? Sell all your catnip and watch global catnip prices plummet. Re-buy at the bottom and own ALL the catnip. Very easy!
These whales are not so clever; WeltMaster has them all figured out!
2012.
Post 11078959 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
ask side suddenly gone on finex
Agreed- first good news of the day!
Not quite. Weekly chart for better idea:
2013.
Post 11079021 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want.
So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket?
If there is any real demand for BTC, the price will go up. Whales cannot prevent this. So, the price is falling now from lack of demand - manipulation is only a byproduct of price action.
2014.
Post 11079058 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want.
So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket?
They probably already are.
Right now they're accumulating
I can't even.
2015.
Post 11079412 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Well, the dumping sure has came to a standstill. Bidsum rising, ask sum dipping. Nothing major yet, but interesting nonetheless.
2016.
Post 11079475 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
$310 M USD Cryptocoin-based Ponzi Busted in Thailand
http://www.coinbuzz.com/2015/04/13/arrests-in-ufun-crypto-currency-pyramid-scheme/In a bust on Friday, Thai police arrested four executives on charges of operating a pyramid scheme [ called "UFun", using ] a cryptocurrency called "Utoken", and stealing over 10 billion baht (roughly US$310 million). [ ... ] UFun sold various cosmetics and supplements. The company focused on referring new customers, rather than selling the products. Customers were encouraged to invest up to $50,000 in order to receive discounts on the products. [ ... ] UFun used its own cryptocurrency called UToken to let customers purchase its products. [ ... ] Websites promoting Utoken claim that it "will outperform Bitcoin and eventually overtake Bitcoin as the Ultimate Digital Currency".
This is bullish, isnt it?
2017.
Post 11079706 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
So we bounced off the 61.8 fib line
Still shaky to open a long but if that holds, this whole thing could just be an abc elliot wave which could take us much higher?
Does anyone else here like using the golden ratio in bitcoin, or am I just being delusional before the drop to double digits?
We're not bouncing off of any "retrace".. it's just a typical bounce after an unexpectedly weak dump. People dump; buyers watch in anticipation.. dumping stops - panic buy! If you look at these lines long enough, you'll see something coincidental every time.
2018.
Post 11079963 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Jesus, Bitcoin has been the slowest asset to reach any bottom that I've ever been involved with. This has just been excruciating to witness over the past 16 months.
Are we fkn bottomed out yet? Does anyone in the public even care about bitcoin anymore?
And oh joy, the 2013 bubble had to just be the one in Bitcoin's history to take the *longest* ever to deflate. Good lord.
What's gonna happen in the next one, a run up followed by 4-5 years of down? That's sure to boost consumer confidence in bitcoin long term.
2019.
Post 11085131 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
At this point we need longs to hold strong and we'll probably be in the clear for a few days.
2020.
Post 11087642 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
So many shorts closing... Price continues to fall... Bears must feel like gods
2021.
Post 11101120 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Nice buys... hopefully not a short squeeze, since its not new longs.
2022.
Post 11101506 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
3k of it was shorts closing, and -1k was longs closing.. so net of 2k from, eh, margin shit.
Thats about 50% of the net buying on BFX...
Whoa
2023.
Post 11107443 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
That's an exaggeration if I've ever heard one before..
2024.
Post 11116766 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Why are many of you suddenly concerned about a long squeeze?
2025.
Post 11127726 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.11h):
Interesting that the bidsum increasing $1.6m on coinbase happened at the same time as 5k new btc asks
2026.
Post 11129697 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
That coinbase has some nice buy support. Not sure I've ever seen that much depth in coinbase's orderbook before.
2027.
Post 11136366 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
With the amount of shorts and longs... Are we not at the point where any movement will result in a squeeze? Aka rocket or retarded rocket?
2028.
Post 11137294 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Charts are screaming up; people are screaming down. I'm so confused!
2029.
Post 11137407 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Over 30K shorts. There isn't enough coins for sale to close those shorts out. If they cascade close we could see million dollar coins!
Well, the longs will close if the shorts squeeze. Lots and lots of loans here...
Charts are screaming up; people are screaming down. I'm so confused!
Everyone is confuse that is why price still around 220 and I do not think it will going to down so much.
I'm inclined to agree.. on one hand, I think that the price will eventually continue to drop. On the other, failing to retest the low.. or even close to it.. is kinda bullish. (assuming it goes up from here)
New 500BTC bidwall on huobi eaten within 10 minutes, btw.
2030.
Post 11137420 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Over 30K shorts. There isn't enough coins for sale to close those shorts out. If they cascade close we could see million dollar coins!
This is just as (un)convincing as:
Over $25.5 million worth of longs. There aren't enough bids to close those longs out. If there is a giant red dildo cascade we could see single digit coins!
We'd be well into the pennies.
EDIT: NOW A 4K BIDWALL ON HUOBI!
2031.
Post 11137734 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
mmmm i have a feeling things are going to get ugly within 8 hrs
Your feelings seem to be fairly attuned to your active positions
Is that a bad thing? What's better - someone who openly states their positions and shares their opinion on the market, or the guy who just says "moon tomorrow" / "double digits within a week"?
2032.
Post 11138944 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Huobi wants to break down.
Yeah.. I just can't see this happening. If it does manage to break down significantly, I have no idea where the coins are gonna come from on the USD exchanges.
2033.
Post 11139432 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
All that bid depth go from coinbase to finex, or what?
Looks like it, coinbase knew it couldn't fool anyone with it's fake volume
These charts are relative AFAIK; so if BFX had a 20k bidwall pop up, bitstamp and coinbase would appear as almost totally flat. When coinbase had that 5k bidwall, it did the same thing to BFX/Bitstamp, to a lesser degree. Now that it's gone, BFX appears to have a mountain of bids.
2034.
Post 11139532 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
All that bid depth go from coinbase to finex, or what?
Looks like it, coinbase knew it couldn't fool anyone with it's fake volume
These charts are relative AFAIK; so if BFX had a 20k bidwall pop up, bitstamp and coinbase would appear as almost totally flat. When coinbase had that 5k bidwall, it did the same thing to BFX/Bitstamp, to a lesser degree. Now that it's gone, BFX appears to have a mountain of bids.
Really?
I always thought that the amount of coins was just measured on an individual chart basis, and corresponds to the figures on the y axis of the chart ?
I don't think it was always this way, but you can see they line up by just opening all 3 and checking the y axis scale.
2035.
Post 11153508 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Volume thus far today on Bitstamp: 2617, Bitfinex: 6949, BTC-E: 4797 ?!?!
When did BTC-E become twice as big as Bitstamp?
After they got hacked
2036.
Post 11157602 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Something is going seriously wrong at Huobi.
Yes, insane!
EDIT: Maybe manipulative dumpers have lost their power!
Did y'all notice OKCoin dumped down to 1387 during the rise?
2037.
Post 11157633 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Last chance to get some cheap coins people.
You really should be buying right now.
How on earth did you get to this conclusion? If the price doesn't go to $210 by the end of the week I would be very surprised. Nothing indicates that bearish trend is close to being over.
TA cant predict big news
2038.
Post 11167338 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
If the Mt.Gox bankruptcy claims are being paid out in USD, doesn't that mean they sold all 200k of them?
2039.
Post 11167789 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
2040.
Post 11168298 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Looks like Gavin and core devs about to upgrade to the penthouse suite:
https://twitter.com/gavinandresen/status/590884520318078976Get out from the Bitcoin Foundation shack and into the 5 star MIT estate.
No more cup o noodles and tuna fish for the core devs. Lobster and New England Clam Chowdah babee!!!
This is not good for bitcoin as we know it now. As an independent 'outsider' technology it has failed to survive. Media labs have effectively 'poached' the top devs from bitcoin.
This failure of the BF to keep the whole show together wil undoubtedly lead to a schism within the development community. It looks like Bitcoin2.0 is now inevitable in the near future.
What happens to us owners of bitcoin 1.0
2041.
Post 11177552 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Could be a lot of things. Perhaps Kraken moving funds in preparation for the MtGox proceedings.
I went back and checked some of the other historical spikes in BDD. They tended to correlate to spikes upwards, not downwards.
(Dec 13, Mar-Apr 14).
I hope we learn more details around this.
There is taint from here (2 yr old though)
https://blockchain.info/address/1BBqjKsYuLEUE9Y5WzdbzCtYzCiQgHqtPNI don't know so *shrug*
Gox coins is best guess right now i think
How odd. They went into the wallet April 9th.. the day of the MtGox lag price crash..
Maybe this is a stoploss? Price is approaching the original buying price?
2042.
Post 11177695 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Could be a lot of things. Perhaps Kraken moving funds in preparation for the MtGox proceedings.
I went back and checked some of the other historical spikes in BDD. They tended to correlate to spikes upwards, not downwards.
(Dec 13, Mar-Apr 14).
I hope we learn more details around this.
There is taint from here (2 yr old though)
https://blockchain.info/address/1BBqjKsYuLEUE9Y5WzdbzCtYzCiQgHqtPNI don't know so *shrug*
Gox coins is best guess right now i think
How odd. They went into the wallet April 9th.. the day of the MtGox lag price crash..
Maybe this is a stoploss? Price is approaching the original buying price?
this guy/girl just send 101 btc of the 70k coins - the rest is still in the wallet ?!
finally someone who gets it
You're underthinking it. It's completely possible the guy just decided, "Today's a good day to move all of my coins to a new wallet", but that makes absolutely no sense.
Maybe it was a sale to someone who wanted a ton of coins with no slippage? Maybe they're preparing to sell them on an exchange? Who knows.. but "they sent them to a new wallet and then spend 100" makes no sense.
2043.
Post 11177853 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Maybe it was a sale to someone who wanted a ton of coins with no slippage? Maybe they're preparing to sell them on an exchange? Who knows.. but "they sent them to a new wallet and then spend 100" makes no sense.
He sent 100 from the 70k address. The 70k (minus the 100) is still sitting in the original address. It was simply sent back as change.
Oh, I apologize then. I thought 100 were sent from the new wallet
2044.
Post 11179533 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Someone was rabbit pumping for a few minutes and then just crapped out.
edit: nope still going. ~200 btc per minute on bitfinex
Very interesting...
The orderbooks don't seem to match the volume though. Possibly fake pump?
2045.
Post 11179905 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
what is a "fake" pump? Over 200 bitcoins were consistently purchased per minute for 15 minutes, for the second half it consistently came up against buy walls, though I guess I don't know who set up the buy walls. Do you mean it was one manipulator setting up both bids and asks in a tight range?
Maybe? Yeah the buys went through, but the ask sum took no hit despite an apparent purchase of over 2k BTC? Doesn't make much sense. Bid sum rose while ask sum remained constant
2046.
Post 11180067 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
what is a "fake" pump? Over 200 bitcoins were consistently purchased per minute for 15 minutes, for the second half it consistently came up against buy walls, though I guess I don't know who set up the buy walls. Do you mean it was one manipulator setting up both bids and asks in a tight range?
Maybe? Yeah the buys went through, but the ask sum took no hit despite an apparent purchase of over 2k BTC? Doesn't make much sense. Bid sum rose while ask sum remained constant
Looks like one whale wanted to push through the trendline with a bit of volume, but a bigger whale absorbed it all. Market is not going higher with this kind of money capping the price.
Now there is a bot selling 200BTC every minute??? Wtf!!
It appears to have bought
BTC4,400 in the 70ish minutes and so far sold
BTC1,400 in the past 10 mins.
EDIT: Make that
BTC1,600 sold :: EDIT:
BTC1,800 :: EDIT:
BTC2,000 sold
(I'm counting any single orders that sum to 200, not volume)
Continued edits:
BTC3,600 sold
2047.
Post 11183493 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
What's up with the $14 million cny bidwall on huobi?
http://coinsight.org/huobi
2048.
Post 11197316 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Bye bye, 1400..
2049.
Post 11197359 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Second dumping attempt seems to be even weaker than the first one. Wouldn't surprise me if this brings us back up to $228 if the dump fails. This downtrend should really be faster in my opinion. Also, there's quite a wall at $225 on Finex that waits to be eaten by some hungry bear
Yeah this is really weak. About 250btc of the 1k bidwall on BFX eaten, but...
OKCoin is leading the drop, but they seemed to just sorta give up? I feel like this can't possibly be it, but all it takes is one bull to end this push (for now)
2050.
Post 11197457 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Thar she blows..
2051.
Post 11197491 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
This has to be news related. Huobi is going nuts now, too. Something bad about bitcoin and china probably.. right??
On the other hand, Finex appears to be totally out of ammo.
2052.
Post 11197524 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
All cheap shorts have been taken on BFX! Holy shit, it must be 34k or so by now?!
2053.
Post 11197613 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Seriously now, maybe there was some rumor in China?
On February 10, 2014, the price took a dip when Mark announced that there was "a bug in bitcoin". It was one of the rare moments since the all-time high when news in the "West" had an effect on the Chinese day-traders. Could it be that the story about today's BitGo bug was mistranslated into Chinese?
Bitfinex shorters led this move. Now they are putting up walls to protect their shorts since some buying started to move against them.
No.. thats not true at all. This was 100% led by Chinese exchanges..
Bitfinex was completely reluctant to follow, and only managed to break through the walls by opening more shorts...
2054.
Post 11197966 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
Huobi Bid/Ask sum at a historical low of $48.43
2055.
Post 11206285 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.12h):
I have more than enough to hit you baby one more time
any one think this bidwall is coming down?
Which one? I really don't see there is any energy left in this drop, unless it reaches $200 (somehow!?) and then a long squeeze would take this a lot lower.
2056.
Post 11215681 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
just a remark ... 200 euros = 215 USD.
that why we have a resistance ...
Doubtful. It's just another random number where dumping happened to stop.
2057.
Post 11216825 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
Great rise but looks very fishy. Maybe big fraud with stolen $ at btc-e? Some big whale account hacked etc.?
I wish we'll know the reason of this rocket:-D
All that matters is if a few k more coins are bought on finex then shorts will begin to capitulate, if that happens in an uncontrolled manner then the college kids shorting bitcoin will learn a valuable lesson about leverage
Yeah, these buys are probably legitimate, but only in an attempt to trigger a short squeeze/protect (themselves/others) from a long squeeze.
2058.
Post 11218937 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
I didnt buy in and i missed the pump. Should i sell?
Oh definitely, the $10 pump has subsided. After a 80% drop, this.. this is the time to call it quits.
2059.
Post 11228847 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
And.. fail pump? Back to where we were.. and now even lower since starting to type..
2060.
Post 11240252 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
What? Are you a troll or did the website go down?
2061.
Post 11244134 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
This happened over 24hrs ago..
2062.
Post 11244180 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
This happened over 24hrs ago..
No. They changed it to just 10 coins like the others. But half an hour ago (09:31 NY time), they went back to 5000 coins.
Ok then you know this is the third time it went from 100 to 50000 and back in 24 hours, and therefore is totally insignificant.
2063.
Post 11247346 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
Oh god here it comes (I hope)
2064.
Post 11247398 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
$250 here we come. Resistance is futile. Somebody knows something we don't - that's for sure...
Not really.. someone bought thousands of coins at $300 from bearwhale -- they sure weren't smart afterall.
2065.
Post 11247506 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
$250 here we come. Resistance is futile. Somebody knows something we don't - that's for sure...
If you're a long term investor it doesn't make a difference.
Anybody with half a brain will HODL until we get into the thousands (USD).
One: That's unproven
Two: It does - according to the same bulls on here who say, "Oh it it goes to
$800 $650 $500 $400 $300 $200 <$200, I'll buy a ton of cheep koinz"
Three: That means that these "smart buyers" don't know anything extra just because they are loaded, based on my original point, and these two above.
2066.
Post 11250044 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
Is bitcoin still crashing or is now a good time to buy more?
I gave up on cheap bitcoins. Accept the loss and jump in. I tried to get in in the midst of that 8 dollar burst yesterday, but my login time was too slow ... lol.
Just remember not too long ago, hundreds of people tried to sell tens of thousands of coins for >$200 on MtGox, pressed the button, and ended up not having their orders processed for over an hour, where the price was then $100 -- without any idea that would occur. And you newbies complain about login times
2067.
Post 11256633 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
I think bitcoin be more like.....
We are very much in the hangover stage.
You have to think big (zoom out), we are in between 0 and 1.
Yeah these patterns are fractal. They happen on the 1h, daily and weekly charts. The longer timeframes are more reliable.
2068.
Post 11258262 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
Whyyy do you dickheads comment on the dumps 20 minutes after they occur and act like it just happened?!
2069.
Post 11276596 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
As if businesses/merchants are running such razor thin margins that the <0.0001% of revenue they get from 100% BTC/fiat insta-conversion would bankrupt them if they instead held BTC for even the slightest bit of supply-choked upwards price movement.
I don't understand your statement here.. are you for or against overstock holding BTC? Because I don't see how instant conversion to fiat would have any negative consequences. Also, Overstock probably does have razor-thin margins.
2070.
Post 11276981 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
Guys we need to entice our whale leaders.
P.S. this rocket is on a one way flight to the moon.*
*Crash landing probable
2071.
Post 11283190 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.13h):
Very low volume on GBTC, but its somewhat of a relief that they havent dumped down below the regular exchanges (yet?)
2072.
Post 11283310 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Very low volume on GBTC, but its somewhat of a relief that they havent dumped down below the regular exchanges (yet?)
What did you expect? The asks begin at about 150% of the regular spot price and there aren't many people willing to sell. I think the volume really is higher than what I expected. How would they dump down the regular exchanges!? I don't really see what you're implying with that and how this could work?
I'm saying it's good news? Not sure why people are dumping considering no one has dumped at all on GBTC yet.
2073.
Post 11284122 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
...
Does this mean that the network becomes more cost-effective to operate as it grows?
...
It means that the network is becoming cheaper to attack, basically. Satoshi was working from the assumption that the cost of mining will approach the price of the coins mined. If the TX fees don't increase substantially when block reward is halved, interesting stuff will happen: Hangers full of mining gear will suddenly become unprofitable to mine with -> available dirt-cheap for more creative use, like 51% attack.
Doesn't this seem like fearmongering? In a year, who knows what these charts will be showing..
Worrying about mining being unprofitable in a years time is silly.
2074.
Post 11284277 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
...
Does this mean that the network becomes more cost-effective to operate as it grows?
...
It means that the network is becoming cheaper to attack, basically. Satoshi was working from the assumption that the cost of mining will approach the price of the coins mined. If the TX fees don't increase substantially when block reward is halved, interesting stuff will happen: Hangers full of mining gear will suddenly become unprofitable to mine with -> available dirt-cheap for more creative use, like 51% attack.
Doesn't this seem like fearmongering? In a year, who knows what these charts will be showing..
Worrying about mining being unprofitable in a years time is silly.
We heard the same stuff before the first halving. Miners would stop and the difficulty would be so difficult that it would never adjust, blocks would take years to complete.
It was all true. Bitcoin ended that day. The bears won.
I must not have been wearing my tinfoil hat that day - the fed's zapped that memory out of me! Bastards; now they're offloading more of their coins on us. That's why these bears are here! They were wearing the tinfoil hats, and are protecting us!
That explains all of the confusion. Elwar, you and me.. we make a great team.
Let's let the rest of the world know what really happened November 28th, 2012
2075.
Post 11285073 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
What does that mean, "Volx100" and then "0.01"
I'm thinking it means Vol/100 (0.01*100 = 1), but it actually says 0.01/100 = 0.0001?
2076.
Post 11287850 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Holy high volume dump on BFX
2077.
Post 11291220 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
MPID Ask Price Size Date/Time
CSTI
50000.00 100 08:53
I'm guessing they're testing the system, but if that gets filled I will buy myself an ice cream.
Pretty funny either way.
I note the 50000 BID has disappeared
again.... I wonder if it will pop back up in 20 minutes or so.
They're about to eat the 50000x100 ask
2078.
Post 11291428 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Trading activity is picking up with the Ask closing on the $50 top Bid....
MPID Ask Price Size Date/Time
NITE 70.00 100 09:35
CDEL 71.00 100 09:33
CSTI 299.95 100 09:30
ATDF 9999.95 20 09:33
What is the source of the shares? I thought they needed to wait 12 months to sell but I don't get how they got them in the first place
2079.
Post 11305713 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Support broken on OKcoin, also triggered bearish flip of 2h PSAR.
Not looking good
2080.
Post 11314037 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Volume on GBTC is 2268
at the effective rate of $550/BTC!
Let's remember that this is 226.8BTC. I know a lot of people will think this means 2268BTC...
2081.
Post 11314104 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
It's interesting how little volume was needed for this increase compared to the previous dump
I don't think so - only Bitfinex has that major volume gap, and that's due to their "bug". Bitstamp, Huobi, etc. are moving at a typical rate per the volume.
Volume on GBTC is 2268
at the effective rate of $550/BTC!
Let's remember that this is 226.8BTC. I know a lot of people will think this means 2268BTC...
hey at least vol seems to be rising
in a week or so GBTC will be in full swing, with a more reasonable price like 3200$ per share
Yeah, this is good news. Just don't get too excited just yet. (Of course there is more good news on the horizon)
2082.
Post 11314536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Dumpage... guess we will see if MAXIM is for real?
2083.
Post 11314783 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Now eating the bids at $400...
2084.
Post 11323595 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Yes, we have broke a new ath
This is relieving to be honest. I really thought GBTC would break down to parity with real BTC at low volume.. and that would incite major dumps.
However, its the opposite. Actually significant volume at $500!
2085.
Post 11324817 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
I'm not a TA cultist so I tend to to take most TA with a grain of salt but this jumped out at me.
Doesn't this look like a classic flagpole and pennant? Isn't that supposed to be bullish?
Hm, wouldn't all sudden, sharp, upward spikes look like that? Not sure..
Also, BFX shorts approaching 23k. Cant say they didnt deserve to be burned... Thats from a peak of 31k just a bit over a day ago.
However there's tons of cheap shorts available again (10k) and building. That will probably be taken upon the first sign of a dump..
2086.
Post 11349858 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.14h):
Microbears are relentless, we must be on the brink of getting their shorts called.
you are right, the shorts in bitcoin are micro compared to the leveraged longs... Cant wait for the cascade 😂
Theyre still fairly high.. also we don't have data for OKCoin leverage AFAIK.
2087.
Post 11361095 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
idk... i bought a popcorn maker, i have a feeling things are going to heat up real fast real soon.
any minute now
You know, seeing this image excited me for a moment. I hoped I'd look at the charts and see some damn volume.
lmao @ fallinglantern
2088.
Post 11378326 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Wat da fak!?
2089.
Post 11405772 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
I am expecting some dumps in T-30 minutes.
They will be in the range of 80,000 to 100,000BTC.
Thank me later.
2090.
Post 11411071 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Hey derpinhimer is that t-30 in minutes or days or some other time scale? How much later should we thank you...?
Yes timescale is however I want it. I can't be to accurate or Mr bear would be unhappy and perhaps not even use lube
2091.
Post 11411191 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
BTC/USD tripling soon, as you requested..
2092.
Post 11413905 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Only 1 dump from 1 person pretty much no?
No,
That's just how many parties were involved in the sharp spike down on BFX.. not including any of the other dumps in the previous hour.
2093.
Post 11413927 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Only 1 dump from 1 person pretty much no?
No,
That's just how many parties were involved in the sharp spike down on BFX.. not including any of the other dumps in the previous hour.
what does that prove?
One person wouldn't issue dozens of sales of varying size in short succession
2094.
Post 11413959 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Only 1 dump from 1 person pretty much no?
No,
That's just how many parties were involved in the sharp spike down on BFX.. not including any of the other dumps in the previous hour.
what does that prove?
One person wouldn't issue dozens of sales of varying size in short succession
on the contrary, they absolutely would.
If someone could issue all of those extremely random trades in seconds, I'd love to know how. Quit conspiring.
2095.
Post 11424307 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Hovering candle in the 1m chart @ bitfinex (21:40UTC)
Appears to be a glitch, no coins were traded above 233.
2096.
Post 11424438 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.15h):
Hmm, interesting. Supposedly there are > 2,600 coins before passing $236 and about half of that for > $234...
2097.
Post 11509418 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.16h):
2098.
Post 11527406 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.16h):
...
I don't disagree, but to me it seems a bit like celebrating the fact that we made it to Wednesday again
EDIT: I guess for some on this forum that would be cause for celebration, and for others in their bunkers/basements, disappointment
Is Thursday next ? Or we skip that this week ?
EDIT 2: My work is now done here, I have manipulated the price down below $225.8 and can close my 1000x leverage short from $226.7
Well, people celebrate birthdays, and those come like clockwork too.
We need something to celebrate, ever since the bubble burst, it's been too depressing...
Altzheimers can be a wonderful thing ... my birthday gets me every year
(no offense meant to anyone)
The happy alzehimers of movies does not really exist; most people become aggressive, suicidal, incapable of doing anything, hate their families and caretakers, violent, etc.
2099.
Post 11565985 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
6k shorts closed, 500k new longs in past 24hrs..
Not very exciting.
2100.
Post 11566510 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Huge ask walls at Finex...
Fake walls from shorters.
That sounds like bogus - no new shorts opened, so they'd have to have been holding on to these with interest for a long ass time. That isn't rational.
PS - >6k shorts already closed today - and that moved the price up a few bucks. Now we're seeing a 5.5k~ ask wall.
2101.
Post 11566598 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
jebus, now its a 10k ask wall
2102.
Post 11567019 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Wall tested and mostly pulled
2103.
Post 11575523 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Wow. Crazy.
Mirror mirror on the wall... who's the fairest of them all?
Why would bitcoin be mirroring the price of USD? Seems like it should oppose it not mirror it.
It was an inverse relationship when he posted it originally, now its not
The charts are updating semi-live, unless im crazy.
2104.
Post 11601187 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Yes, it's a far more reasonable concern..
These people will be protected. Lose your bitcoin and you're sol.
2105.
Post 11604880 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Looks like that buy on bitfinex was no more than another new long, now approaching $30m
2106.
Post 11604981 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Why is the red wall almost vertical on Finex
you missed the show.
2107.
Post 11633607 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Whoa
2108.
Post 11633661 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Ask side depleting, bid side growing.
Im guessing that bid wall is as fake as the ask walls that popped up the last few days, but who knows. I don't see that the price will hold up in the $250s for too long
2109.
Post 11633704 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Downtrend log line approaching.
We need to cross $270 at the moment, so still a few USD away. But
if that happens, we're golden. Golden, as in "17 months bear market ended"-golden.
That seems excessively optimistic...
2110.
Post 11633766 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
What sell wall just came on bitfinex?
There was a 10k ask wall about a week ago that came and went a few times.
2111.
Post 11633876 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
Well that accounts for about 200btc of the tens of thousands
2112.
Post 11638131 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
DAMN ltc is up 50% today
2113.
Post 11638178 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.17h):
here comes the next pump
looks more like a flaccid penis to me
2114.
Post 11646170 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
I seriously laughed my ass off at this. Someone is having a lot of fun. You can see the current BAR at the bottom right corner, less than a fifth of what it was just hours ago, and a ~3month low.
2115.
Post 11646226 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
Hahaha those walls on finex..
Nice try bear, hope you'll get your cheap coins, in that case i'll be buying it in the way down.
Major banks are on this (Yeah i work for one of those), and Bitcoin is on their radar. Sick of having those Bitcoinferences over there with people that think they understand how it works, when they simply don't after a few noteventechnical questions. Seriously I haven't seen people interested like this since a while.
Lets see if your attempt to keep it down will work. Too much good news, too much interest from big players, good luck and have fun.
I dont think you're seeing this correctly.. the same guy with the bid walls has the ask walls. The huge bid walls are part of what led the price up, now we see they are fake. Possible bull trap? Lots of shorts closed when those bidwalls popped up.
2116.
Post 11647695 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
2.5k dump on okcoin followed by 3.5k bid support to take its place minutes later.. very suspicious?
2117.
Post 11659532 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
Time for alts to crash?
When did they rally? Lol
2118.
Post 11663288 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
Another 1300+300 just went by
2119.
Post 11663323 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
Ask wall accumulating rapidly on BFX... whale friend having fun again.
2120.
Post 11663424 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
Ask wall accumulating rapidly on BFX... whale friend having fun again.
It looks like he is playing with himself. Not much volume after those two sells.
Yeah it appears whatever was sold into the bidwalls were quickly placed for sale...
Either selling to himself or just an unattended bot.
2121.
Post 11663616 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.18h):
Ask wall accumulating rapidly on BFX... whale friend having fun again.
It looks like he is playing with himself. Not much volume after those two sells.
Yeah it appears whatever was sold into the bidwalls were quickly placed for sale...
Either selling to himself or just an unattended bot.
I guess no one here would consider that this entire pump n' play was orchestrated by a single whale or maybe two, because no other whales are currently in this market and they can play with free abandon and with little downside risk?
This is the fun you get when one or a few whales splash around in a dead market.
Definitely possible, it's been very suspicious from the start IMO. Also, another 1600BTC sell..
2122.
Post 11755246 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.19h):
This is very refreshing to see. It's like the good ol' days again
2123.
Post 11837598 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.20h):
If I could short LTC, I imagine I'd be rich. But I hope it's the other way around and my inability to short it saved me from going broke
2124.
Post 11845587 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.20h):
If I could short LTC, I imagine I'd be rich. But I hope it's the other way around and my inability to short it saved me from going broke
I tried earlier, LTC gives nothing on the short side right now. Pumpers are in full swing.
Too bad I made nothing on this drop lol
2125.
Post 11845836 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.20h):
Plot twist.
The LTC dump was fake, to get more LTC!!
Heh, I really doubt it. I think it's gonna push down to $2 again over the next days.
2126.
Post 11845970 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.20h):
The whale bought. I expect no more than a quick push through $300 and then back down.
2127.
Post 11913281 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.21h):
What now?
2128.
Post 11913536 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.21h):
We have flatlined for 3 hours now. The new normal?
Stability has been achieved. Long live bitcoin!
2129.
Post 12086533 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.22h):
Why did chart buddy die when the biggest move in a long time happened lol
2130.
Post 12090249 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
I've never seen a one minute chart go flat like that on heavy volume and then reverse. No, this will end with a big panic dump somewhere below. or float up and retest the $260 lows several times before finally reversing.
I was thinking about how odd that flatness was myself.
2131.
Post 12090967 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
Is this crash due to all New York customers cashing out due to being dropped by every exchange because of bit license deadline?
bitlicense could very well be a reason here...
Could be. Some people have only bitcoin on exchanges, and don't know what to do when they are ordered to remove the BTC, except sell them. It seems they (finex) are about to sell off the remaining BTC balances for NY residents after the limit of 4:00 pm EDT on August 15, 2015.
https://www.bitfinex.com/pages/announcementsWhat quantity of coins are we talking about here? <1000?
2132.
Post 12100147 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
2133.
Post 12124870 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
when was the first finex wall?? at 320$?
They just keep coming, I have no idea.. LOL
2134.
Post 12125378 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
This Finex wall is bull shit. Look at the size of it, the price is barely moving though. What's going on, another fake wall?
The last one was eaten entirely as far as I know.
To be honest though, it looks kinda like the guy is selling into his own wall.
2135.
Post 12176927 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
Megadump on BFX
2136.
Post 12177395 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
Wow $2m in longs closed and nearly 10k in shorts opened...
2137.
Post 12178410 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
gentlemen, it is now or never to sell >250$.
Too late
A single 4000 sell brings us down to 220. Only ina and billy can save us now.
Make that
2000 sell for $220
1300800
2138.
Post 12178422 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
China is completely ignoring this as we go between $220 and $240 with just a few BTC of volume both ways
2139.
Post 12178486 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
Hoyl shit, BTC600 TO $199.99!
2140.
Post 12178497 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
China is now $45 above Bitfinex.. lmfao. They must be so confused.
2141.
Post 12178517 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
$162
2142.
Post 12178534 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
$161.15
2143.
Post 12178575 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
HOLY SHIT 10Mil$ in longs closed!
How do you see that?
2144.
Post 12178610 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
HOLY SHIT 10Mil$ in longs closed!
How do you see that?
there is no change on finex.
I dont understand, are you saying he is just guessing, or is he right? Cuz the only site of I know of that shows the long/short info is yet to update since the crash and it shows $30m in longs still
Regardless, show is over BUY BUY BUY @ < $185
2145.
Post 12178635 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
HOLY SHIT 10Mil$ in longs closed!
How do you see that?
it was 33million last time i checked
now @ 23,728,660, and you gata imagine some smart money is opening some new longs are people get liquidated
Thx! Didnt know it could be viewed live.
2146.
Post 12178669 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
$220 again LOL
2147.
Post 12178737 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
Seriously this is concerning now.. BFX hacked or somethin?
2148.
Post 12178780 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.23h):
11k of bids now just to reach $162 again.
2149.
Post 12233424 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.24h):
Holy shit it broke $200. Panic sells inbound.
Where?
2150.
Post 12233439 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.24h):
If bitstamp breaks $200 I'll consider it final
2151.
Post 12233464 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.24h):
If bitstamp breaks $200 I'll consider it final
final what? final, we will never see 200$ again or final now dump starts?
Final as in bearish. Only final as in, "Yeah, we're really sub $200"
2152.
Post 12233506 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.24h):
China just broke $200
2153.
Post 12888723 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.31h):
Lol at the typical euphoria - dump cycle.
No sympathy for buyers above $400.
2154.
Post 12888743 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.31h):
no way this can go lower.
Really? It just hit a few of my staggered bids.
Probs go all in around $360
2155.
Post 12901012 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.32h):
I'm worried with the OKcoin thing.
If they are insolvent then it will be like a Gox event with steroids
What, when did this happen? (The rumors) - It's insane how many of these exchanges are scams.
2156.
Post 12914646 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.32h):
I think this is gentlemen tonight!
What is 'gentlemen' tonight?
2157.
Post 12943472 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.33h):
We're still up like 20% from last month at this time. So we have room to fall another 40%.
2158.
Post 12943475 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.33h):
massive liquidations on okcoin futures.
massive.
no one is going to make money off this, not even the shorts that were open
a ton of liquidiations occured at teh 330/324$ price range it looks like.
What does this mean?
2159.
Post 12943567 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.33h):
2160.
Post 12943999 (copy this link) (by derpinheimer) (scraped on 2020-04-04_Sat_14.33h):
Now is buy time again.
One Bitcoin is not worth $300... that is overpriced.
witch! witch! witch!
bonfire!!
Its worth about $299.98, TOPS. No more!
