Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
IG0BR0KE
on 18/06/2013, 15:26:37 UTC
I have a really hard time believing that wall at 108.50 is real. I fully expect it to be the tactic wherein the wall owner sells BTC to the buys in front of it, pulls it when momentum drops, and then dumps.

Except, he didn't need to do that -- we went much higher than the current price without the wall in place.

He's just buying, the wall is getting eaten.

last time we had this configuration was june 2th, the wall spent 48h without moving and you can see the result now, so dont be so optimistic..