Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
Bitcoin was trading at about $0.1175/mBTC when I posted my preliminary explanation of what happened in the summit.
The guy really needs attention, he feels the urge to promote his delusions and fairy tales in this thread
big sell wall pushing the price down. Is it a short and distort?
Its an Idiot Wall. Either an idiot trying to push the price down, or an idiot thinking they were 'selling into (non-existent) strength' when it was rising up to 118, hahaha. Seems more likely to be someone trying to push it down. You can't speculatively (profitably) long bitcoins, you can only short. So it's probably some supernode trying their capabilities (American likely), but I will be impressed only after breaching $.11. If I can do $.119->$.09752 in 3 days, surely others can do even better!
Just check this shit. What I find amazing is that there is people that take this guy half seriously