Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What you said is what I mean't, but maybe I articulated it badly. I mean't someone put up that wall to start people panic selling into the sneaky unnoticeable laddered small buy orders he secretly put up.
Unfortunately for him the market is so bullish that it soon became obvious someone would buy his wall if he left it up for long. His cunning plan failed.
Unfortunately for him the market is so bullish that it soon became obvious someone would buy his wall if he left it up for long. His cunning plan failed.
You are misreading the wall and what it represents. Simply it is a way for the entity that put up the wall to buy at below the wall price. If they wanted to sell they would sell at market price and be done with it(while creating this panic you are worried about). This really isn't rocket science. The only walls we should be worried about are buy walls because they denote a major sell off is imminent.
He keeps pulling it, then putting it back up. It looks fake to me, and I suspect someone will buy it if he leaves it up long enough. If he really wanted to ell he wouldn't keep pulling it. He wants to create panic, but it's not working.
edit
It's been pulled again.
lolololol some dick head put 400 sell wall at bitstamp fucking cunt
He keeps pulling it, then putting it back up. It looks fake to me, and I suspect someone will buy it if he leaves it up long enough. If he really wanted to ell he wouldn't keep pulling it. He wants to create panic, but it's not working.
edit
It's been pulled again.