Bitcoin Thread

*SynergyX*

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Sep 30, 2009
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Saw a massive sell wall of over 5k BTC on Bitfinex a couple minutes ago at $7120. Removed now. Whales playing games with everyone.

theres 8000 for sale at 7200 :D

biggest i seen so far...somebody definitely wants dump this hard

edit : now imagine that was on the buy side -- probably shoot up over $8000 in 1 minute
 
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SaiyanZ

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theres 8000 for sale at 7200 :D

biggest i seen so far...somebody definitely wants dump this hard

They removed it again. They trying to push it down without actually selling.

Pretty decent manipulation taking place in the last hour. Each time the massive sell order was placed the price dropped fast. After it was removed the price slowly recovered.
 
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SaiyanZ

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I sold and bought at R85.3k. It can go up again now.

800btc buy wall at $6888.
 

saor

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I sold and bought at R85.3k. It can go up again now.

800btc buy wall at $6888.
I still find myself somewhat expecting this whole thing to have been worse.
Down from $20 000 is a big move, but compared to last year it's not really that bad at all.
Either way - looking forward to the markets heading up again, have even been some decent altcoin trades the last few days.
 

Swa

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So any predictions? Seems it wants to settle near 6.8k and then go up again.
 

SaiyanZ

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So any predictions? Seems it wants to settle near 6.8k and then go up again.

If you zoom out from the BTC graph for the last 5 months there seems to be a repeating pattern. Two peaks then down over and over. Peaks getting smaller each time.
 

Swa

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Bitfinex. Though people add and remove their orders quite often. That 800btc buy wall was removed instead of sold into just after I posted.
Oh so no aggregated source. I thought there was somewhere I could see all the orders that are currently listed on exchanges.

If you zoom out from the BTC graph for the last 5 months there seems to be a repeating pattern. Two peaks then down over and over. Peaks getting smaller each time.
Yeah I noticed a pattern forming but haven't been able to see exactly what it is. I have noticed lately that if you sell anywhere on a high there's usually nigh chance of actually losing as it always goes lower again.
 

Swa

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Ok so 6.8 not materialising. Seems it's settling ~6.9 before going up. Well at least I got to buy back at R84,689.
 

Swa

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I think with Q1 over people are thinking the worst may be over and it will get better from here on. So who knows, maybe we are sitting with a self fulfilling prophecy that may take it to 20k.
 

Splinter

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I look at the last few pages and all I can think of is that there is some bored Saudi Arabia prince playing games :)
 
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