Quote from: keewee on November 09, 2016, 07:50:55 PM

Quote from: TERA on November 09, 2016, 07:29:34 PM

Quote from: mymenace on November 09, 2016, 01:44:45 PM

Quote from: TERA on November 09, 2016, 08:24:34 AM

This thread lost its meaning a long time ago. The last real wall was seen some time in late 2014.

Walls still there and increasing 5000btc to $600 on bitstamp

https://bitcoinity.org/markets/bitstamp/USD

More exchanges, so smaller walls as buy/sell options is spread out over various exchnages

I don't think you know what a wall is. You can't just point at half of the entire order book of unrelated small orders and call that a wall. A wall is a single vertical piece of the order book. For example one single order for 5,000-30,000 coins or a few very close orders for 5,000 coins each. You saw this frequently on gox. Occasionally they would stack like 50 orders for 500 btc each that were all 10 cents apart, as if anyone was fooled by that.

Now this was a wall!
http://i.imgur.com/NVVjOLY.png

Quote from: TERA on November 09, 2016, 08:59:51 PM

It's funny how even how even at $11, which is 1.5% of today's price, the FIAT VALUE of that wall totally dominates any of the walls today.

This seems to be a bit of a baloney theme (myth) that Tera wants to perpetuate.

Nonsense.

There is no "good ole days" in which walls were more grand and better and blah, blah, blah.

The fact of the matter is that today there are numerous exchanges, and a wall of 170k BTC is very similar to a wall of 2,500BTC today, in terms of fiat value, and who gives a ratt's ass if we actually see those kinds of walls, because today there is no real consensus regarding which exchanges lead price movement, and today, we have a bit more back and forth and dancing between which exchange(s) lead and which follow, and likely any whale who wants to attempt to manipulate prices has to spread out such influence because s/he is going to get r3ckt if attempting to manipulate prices from only one exchange.

Likely also, with such uncertainties pertaining to who the fuck is leading, we have a better bitcoin market today than we had in late 2012 (more liquidity and more decentralization in spite of some of the understood phony shenanigans going on in several of the CNY/BTC exchanges - including at least okcoin, huobi and btcc)

TLDR: I am not buying this idea of better "good ole days" blah, blah, blah. We gots the days that we gots, and currently they are seeming pretty decent and even at times, better (based on at least overall liquidity improvements and overall improvements in decentralization) than the past nostalgia.