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/biz/ - Business & Finance


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File: 162 KB, 1101x571, 2017-12-13 13_41_36-$17249.99 · BTC to USD Bitcoin Exchange _ Ethereum Exchange _ Litecoin Exchange .jpg [View same] [iqdb] [saucenao] [google]
5016785 No.5016785 [Reply] [Original]

THIS IS IT BOY, IF BTC GET PASS THIS, PREPARE YOUR WOJACK.

>> No.5016816

>>5016785
It's getting eaten. Slowly, but it's getting eaten

>> No.5016819

It's already down by 100 BTC. Its going down baby.

>> No.5016822
File: 129 KB, 422x437, 71 - 7EopP54.jpg [View same] [iqdb] [saucenao] [google]
5016822

wtf is this real?

>> No.5016837

>>5016822
https://www.gdax.com/trade/BTC-USD

>> No.5016842
File: 12 KB, 225x225, 1512910984306.jpg [View same] [iqdb] [saucenao] [google]
5016842

NO
STOP THIS
NO!

>> No.5016859
File: 92 KB, 640x562, serveimage (5).jpg [View same] [iqdb] [saucenao] [google]
5016859

EAT DAT WALL, OM NOM NOM

>> No.5016864

>>5016785
Banks are manipulating the market.

They do the same with gold.

>> No.5016866
File: 937 KB, 900x900, 10 - ROWvb8y.png [View same] [iqdb] [saucenao] [google]
5016866

still a lot to go, enough time for us to find a rare wojack.

>> No.5016888

it will get through it.

>> No.5016909

919*17250

16mil not too much

>> No.5016928

>>5016864
>banks manipulating the market

Kid, did you see the order books for top 10 coins? BTC is going to be shorted by both og crypto whales and institutional investors.

Smart money has already diversified into alts or fiat for the coming blood bath.

>> No.5016929

And this is why futures will bring BTC the fuck down

>> No.5016985
File: 74 KB, 383x641, 54 - yCoPTKV.png [View same] [iqdb] [saucenao] [google]
5016985

coming back for round 2 boys

>> No.5017008

Literally why the fuck would it get through that. Especially with this volume. Who the fuck is going to come along and pump 16 mil into this at the all time high?

>> No.5017025

T.roger ver

>> No.5017029

>>5017008
>16 mil is nothing even for 1 whale
>ath is 20k

>> No.5017054

>>5017025
This.

Dragon Slayer has entered end phase boys.
Don't say we didnt tell you.

>> No.5017069

will survive??

>> No.5017117

Mega dump by the institutional investors and exchanges.

>> No.5017128

CHOMP THAT BITCH

>> No.5017160

i have a feeling ripple will go up more so where do i go to invest in some (disappeared from plus500)

>> No.5017169

>>5016928
Alt coins are a meme and they’re all going to 0.

>> No.5017187

>>5017169

I wouldn't say all of them, but most will

>> No.5017202 [DELETED] 

>>5016785
what site is this??

>> No.5017207

>>5016785
That's fucking hilarious actually

>> No.5017239

>>5017202
GDAX

>> No.5017372

>>5017187

I would say that there’s room for 4-5 coins max.

Decentralization is s negative in most applications. Look at tor or BitTorrent vs something likes streaming Netflix. It’s just way more efficient to have something centralized and optimized for hardware.

Why do we like decentralized money? Because we’re willing to give up some efficiency and for freedom from counterfeiting (fiat). It’s literally the only application of decentralization that the benefits outweigh the cons.

Gold is similar in this sense but it doesn’t easily as as a currency, and can be confiscated and outlawed. So eventually fiat became a easier solution. But with fiat the knowledge of confiscations of wealth through the printing of money are always present.

>> No.5017397
File: 324 KB, 750x407, 6F653EA2-DE35-4829-88B5-69099BFDE2BA.jpg [View same] [iqdb] [saucenao] [google]
5017397

>>5017169
Bitcoin is going to 0 ETH is gonna flip you

>> No.5017416

>>5016928
>diversified into alts
being this fucking stupid. you thinks alts won't crash right along with bitcoin? did your mom drop you on your head as a baby?

>> No.5017429

>>5017397
Sure buddy. Anything that introduces unnecessary complexity will eventually fail. Gold is super simple and was used as a currency for thousands of years.

>> No.5017447

>>5017429
But then it stopped being used as such. Sound familiar?

>> No.5017452

>>5017397

Call me when ETH doesn't shit itself from digital cats

>> No.5017465

>>5017452
define a "digital cat" first

>> No.5017477
File: 78 KB, 1020x615, 0EC848F4-DB13-4441-9E78-5D197DEF7459.jpg [View same] [iqdb] [saucenao] [google]
5017477

>>5017447

>> No.5017481

>>5017465
>being this new

>> No.5017484

is just a fake sell wall some whale put up as a joke

>> No.5017487

>>5017465
define define

>> No.5017519

>>5017447
Because gold was outlawed as a currency.

When the dollar decoupled from the gold standard it was forced on you by an authoritarian government with the use of force.

>> No.5017577

I'm getting bored, could something really happen if that wall gets eaten?

>> No.5017608

>>5017577
no

>> No.5017625

>>5016928
Smart money is leaving crypto, if they haven't already. Alts crash when Bitcoin crashes too.

>> No.5017654

>>5017625
Don't be stupid the big MSM outlets just started shilling. We're still a good 4-6 weeks before the big shaft.

>> No.5017682

newfag here, what is this wall and what's the fuss about it?

>> No.5017688

>>5017577
No. and that wall is honestly not going down without the gigawhale removing it.
If you're really bored just go to cryptowat.ch and watch the sea of red

>> No.5017700
File: 49 KB, 603x603, 75A8F34B-C17C-4EDE-A99B-518BDC06D186.jpg [View same] [iqdb] [saucenao] [google]
5017700

>>5016785
My 60 Monero are saving my portfolio

>> No.5017720

>>5017688
It's all green.

>> No.5017746

>>5016928

Where does one check the order books for coins apart from the exchanges?

>> No.5017747
File: 75 KB, 1167x740, 1509602347975.jpg [View same] [iqdb] [saucenao] [google]
5017747

>>5017682
the wall keeps mexicans out

>> No.5017774

>>5017747
kek'd
>normie reees in the distance

>> No.5017792
File: 109 KB, 780x394, 1512711206505.jpg [View same] [iqdb] [saucenao] [google]
5017792

>>5017654
It takes awhile to move and sell thousands of Bitcoin. The media frenzy is just giving them the bag holders they need. It's not going up any higher and even if it does, being greedy kills you in crypto.

>> No.5017823

>>5017747
>keeps you in, goy

>> No.5017830

>>5017792

People have been saying 'this is the end of BTC' since $1.1k

>> No.5017846
File: 57 KB, 1068x306, hodl_on_ladies.png [View same] [iqdb] [saucenao] [google]
5017846

>>5016785
>pic and song related
https://www.youtube.com/watch?v=YkADj0TPrJA

>> No.5017847

betting against btc always is a foolish move.

at best diverse your blockfolio but keep at least 50% btc imo.

>> No.5017858

>>5017416
Correlation, not causation, m8. When BTC goes bear you can always find alts that are doing well

>> No.5017873
File: 802 KB, 2478x2484, boywhocriedwolf.jpg [View same] [iqdb] [saucenao] [google]
5017873

>>5017830
Do you know this story? You know that the wolf eventually does actually come and kill everything?

>> No.5017897

Explain what that wall means to a noob. Is that a sell wall? Does that mean the price of BTC goes down? How much of a drop does that wall represent?

>> No.5017909

Haha, I just went to check to see if this was real. Then I laughed even harder when I saw the rest of the sell pressure behind it. Then I laughed again when I saw how pathetic the bite pressure is.

Look at all those people that bought at the top, and now Bitcoin is in a bear Market and they don't realize they need to convert to ether.

>> No.5017911

>>5016785
can someone explain to a normie wtf am I watching?

>> No.5017930

>>5017873

And you think you're capable of calling the real top?

>> No.5017936
File: 64 KB, 996x682, 1509081542519.jpg [View same] [iqdb] [saucenao] [google]
5017936

>>5017911
You're watching what is going to separate the normies and ABSOLUTE CHADS.

>> No.5017949

>>5017897
the price of bitcoin will be suppressed from going up as long as that wall exists. it's showing amount at that price being sold.

>> No.5017950
File: 39 KB, 640x400, 01b.png [View same] [iqdb] [saucenao] [google]
5017950

>>5017930
Yes of course. I've never been wrong and I never will be.

>> No.5017959

>>5017936
To be honest with you. I have 6btc. I bought them last year. I know nothing about crypto. I just bought 15k usd in monero because john mccafee said it may replace bitcoin.

I am a complete brainlet. Can someone explain to me what these charts mean?

>> No.5017976

>>5017873
Were still seeing normal long term logarithmic growth.

Bubbles tend to be visible on log scales as well as linear

>> No.5017988

>>5017959
>I just bought 15k usd in monero because john mccafee said
>I am a complete brainlet.

Clearly. Monero will definitely have a niche market and retain value, but it will never become the replacement to BTC

>> No.5017992

>>5017959
Damn for a brainlet you’re making some pretty good investments.

>> No.5018012

>>5017992
right?
lol he picked the two things that mooned the most.

>> No.5018017

>>5017949
That's not what he's seeing stupid twat, he sing a massive wall of buyer's remorse. Those are the people that bought the peak and they're going to be holding those bags for a while. That 1000 Bitcoin cell wall is just lowest man on the totem pole.

>> No.5018021

>>5017988
Why? Bitcoin is an inferior coin, and the darknets are clamoring to use Monero.

Pretty much everyone who actually uses bitcoin would be better served by Monero.

>> No.5018022

Q: It was above 18k earlier in the day, what makes this 17.25k so special all of a sudden?

>> No.5018036

>>5017988

I mean that I have no clue about cryptocurrencies. I had some money lying around as I sold a property and decided to buy some monero as mccaffee kept talking about it in the twitter.

>> No.5018039

>>5017959
1. Monero is a very bad long term hodl AI and legislation is going to mop up privacy coins in the not too distance future.
2. BTC won't be gaining shit until that wall gets eaten. This may scare the normie, but chad just hodls and laughs.

>> No.5018050

>>5018021
transactions are too big for monero to handle a massive speculator pump, it needs time to breathe and develop

>> No.5018064

>>5016785
Can someone explain to me how to read this chart please.

>> No.5018065

>>5018039
>legislation
>AI meme

kek.

>BTC

I’m hodling both Monero and Bitcoin, and my Monero has been outperforming

>> No.5018069
File: 80 KB, 657x539, 86FFA0FE-5843-43EF-89D3-8517D2AC7BFF.png [View same] [iqdb] [saucenao] [google]
5018069

>>5018039
>AI
>not too distance future

>> No.5018073

>>5018036
Well what does McAfee have to gain?

Maybe reputation if he's right?

>> No.5018077

>>5018021
>Pretty much everyone who actually uses bitcoin would be better served by Monero.

Pretty much everyone who uses BTC would be better served to use any alt. The darknet use will keep Monero in use, but normal people needed to reach mass adoption don't care about privacy, and the darknet isn't needed to bring validity to cryptos as a usable form of currency anymore

>> No.5018087

>>5018050
That’s why I like the relatively slow development cycle.

I think it can moon and flippen at just the right time

>> No.5018098

>>5018039
I didnt buy crypto to obey any fucking legislation.

>> No.5018112

>>5018039
I will hold for 2-3 years I am not into trading etc. Anyway it is a high risk investment so yeh.

Also, I doubt that the government is going to ban xmr. Most likely they will KYC/ML through exchanges etc as the capital gains from taxing crypto are a lot of million of usd.

>> No.5018146
File: 126 KB, 1080x524, Untitled.png [View same] [iqdb] [saucenao] [google]
5018146

>>5016785
I honestly don't know what the fuck I'm doing here, but it is very painful.

>> No.5018147

>>5018077
The usage of Monero on the darknet will ensure that it has network effects which keep it alive.

Like Facebook at Harvard, then other colleges, than young America, then the whole world.

If it’s alive and superior, the infrastructure will be built around it to ensure that it can eventually replace bitcoin.

Most of the other shitcoins are hypothetical thought exercise memes, but people are actually jonesing for Monero right now, and it has no real competition

>> No.5018179

>>5017008

Just put 85k into it. Anon, we all going to 500k btc. Don't know what you /biz/ shills been smoking lately. Just enjoy the ride.

>> No.5018182

>>5018065
>>5018069
I work in a business with 2500 people and we use AI to to alert all anomalous traffic. It can easily be set to alert on crypto transactions of any type just by using one sample of the traffic. This technology is already employed in all big ISPs today.

>> No.5018183

Is... is this wall going dowb or what?

>> No.5018184

>>5018147
real constant use on darknets means its not going to moon or appeal to pnd speculators

i like that, moon missions look elsewhere

>> No.5018203

>>5018147
Hate to break it to you anon, but I stay up to date on that stuff and a lot of the DeepWeb markets arent doing too hot.

TradeRoute (Most volume the past year or so) just Exit Scammed.
DreamMarket is outdated as fuck.

>> No.5018206

>>5018073
Im almost all in on Monero and Bitcoin, but McAfee is a sleazy pumper trying to make Bitcoin seem more legitimate and valued than it really is.

He used Monero as a foil to make bitcoin seem legitimate, and then anchors your mind at huge levels of Bitcoin’s potential success to make his mining operation more valuable

>> No.5018209
File: 1.52 MB, 1920x1080, TSITD_The_Wall.png [View same] [iqdb] [saucenao] [google]
5018209

>>5018183
No, there aren't enough buyers to breach the wall.
>pic very related

>> No.5018231
File: 103 KB, 1122x1114, DFCE2FCB-2785-4D7A-A8DB-AE966B736497.jpg [View same] [iqdb] [saucenao] [google]
5018231

>>5018182
>network monitoring is AI
>regular expressions are AI
>ms word is AI

>> No.5018232
File: 27 KB, 651x555, 7c5afb705b1dc0448f3b55c80c0ec52f--dragon-ball-goku-nerd.jpg [View same] [iqdb] [saucenao] [google]
5018232

>Creeping back to 12500

>> No.5018237

>>5018146
Wtf is that bot spam buying .00007460 btc at a time. Is tihs wash trading or something?

>> No.5018243

>>5018209
Can MSM coverage bring in a big enough wave of normies liquidating stock to buy in?

>> No.5018252

>>5018232
i mean 17250

>> No.5018259

Looks like the wall might get tested again

>> No.5018260

>>5018064
Someone is selling a shitton of bitcoin and there aren't many buyers so it will drive the price down.

>> No.5018272

>>5018203
I’ve been buying drugs off the internet since 2013, when Silk Road crashed and I first invested in bitcoin (sold after first bubble started to deflate).

It’s a super valuable service. I used Dream Market just last week.

The thing is, actually USING these currencies gives you a better idea of which ones are most valuable than just speculating.

>> No.5018276

>>5018243
Maybe in two to three weeks once a deposit clears with gdax/coinbase...lol

>> No.5018279

>>5018252

I was about to say

>> No.5018340

That wall is the OG BTC whales.
they jacked up the price already
We at +16K lads
Now they are slowly accumulating fiat while keeping the price from getting away from them.
after it is eaten they are back in to pump to 35K for Christmas

Bless you BTC whales and Marry Christmas.

>> No.5018343

everyone is ignoring the huge bear div on the daily chart - we're super extended up here and I think it could be approaching the end.

>> No.5018399
File: 73 KB, 521x204, Untitled.png [View same] [iqdb] [saucenao] [google]
5018399

Here is the wall.
Not sure what to do next.

>> No.5018407

>>5018343
I see it too dude. If there's anytime for this to end it would be this

>> No.5018435
File: 3 KB, 159x134, fuckthisguy.png [View same] [iqdb] [saucenao] [google]
5018435

Also fuck the faggot doing this shit. Making it seem like there's more buy pressure than there is.

>> No.5018464
File: 97 KB, 521x204, test.png [View same] [iqdb] [saucenao] [google]
5018464

>>5018399
I could cut out the dragon better, but good enough for this.

>> No.5018466
File: 206 KB, 991x672, 1504307730066.png [View same] [iqdb] [saucenao] [google]
5018466

>be whale
>"time to go sleep, let me make sure my btc price doesn't fluctuate while I'm away"

>> No.5018481

>>5018435
Hi, this is Bob from Coinbase. We are floating fake buy orders in an effort to calm the panicking sellers. Is it working? Are you falling for it? If you have any questions or comments please email bob@coinbase.com

>> No.5018496

>>5018481
check your fucking email smelly bob

>> No.5018501
File: 21 KB, 521x204, Untitled.jpg [View same] [iqdb] [saucenao] [google]
5018501

>>5018464
Here we go!

>> No.5018508
File: 554 KB, 967x954, 1509469395903.png [View same] [iqdb] [saucenao] [google]
5018508

AAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHH WE GOING DOWN THIS IS IT BROS LIQUIDATE LIQUIDATE

>> No.5018509

>>5016785
why a wojack?

>>5017909
it doesnt really matter if no one is willing to sell

>> No.5018513
File: 16 KB, 326x155, 000000000.jpg [View same] [iqdb] [saucenao] [google]
5018513

MAKE IT STOP

>> No.5018530
File: 222 KB, 500x700, 1511130483451.jpg [View same] [iqdb] [saucenao] [google]
5018530

imagine if he market sold all those

>> No.5018534
File: 81 KB, 488x463, 1513064364454.gif [View same] [iqdb] [saucenao] [google]
5018534

the price dropped

>> No.5018543
File: 242 KB, 1787x943, daily beardiv.png [View same] [iqdb] [saucenao] [google]
5018543

>>5018407

Posted for posterity

it's also really evident on the 4hr

>> No.5018568

That wall isn’t moving.

Got to wait for Euros to wake up and buy some coins.

>> No.5018587
File: 248 KB, 1783x949, 4hr beardiv.png [View same] [iqdb] [saucenao] [google]
5018587

>>5018543

4hr chart

>> No.5018588

>>5018530
That'd be hilarious. Straight dump to 10k.

>> No.5018607

ZZZZZZZ
why does this shit move so slow...

>> No.5018609

>>5017976
Where can I view the log charts?

>> No.5018625

>>5018588
What would the fees be?

>> No.5018645
File: 30 KB, 406x452, 1513064290364.png [View same] [iqdb] [saucenao] [google]
5018645

>>5018607
not telling

>> No.5018646
File: 115 KB, 1080x1920, Screenshot_2017-12-13-01-30-03.png [View same] [iqdb] [saucenao] [google]
5018646

>>5018607
Too slow for you?

>> No.5018651

>>5018407
fuck TA man. And bubble crashes are always even driven. We're not gonna suddenly go down because of randomness. The bubble will pop because of an event.

>> No.5018654
File: 231 KB, 643x537, 1510812718211.png [View same] [iqdb] [saucenao] [google]
5018654

>>5018568
implying europoor can affect the price in anyway.

>> No.5018668

>>5018588
There’s about 700 buy limit orders to $16700.

100 not even close.

>> No.5018672
File: 22 KB, 487x438, 1438030944460.png [View same] [iqdb] [saucenao] [google]
5018672

>>5018654
>>5018568

>> No.5018695

>>5018654
>>5018672
They’re waking up soon, just watch.

Some English hedge fund will come buy them up.

>> No.5018700

>>5018017
somebody needs a nap

>> No.5018720
File: 65 KB, 601x601, 1504555963879.jpg [View same] [iqdb] [saucenao] [google]
5018720

>>5016785
RIP Bitcoin. It was fun while it lasted.

>> No.5018727
File: 31 KB, 550x512, 1503964536144.jpg [View same] [iqdb] [saucenao] [google]
5018727

>>5018695
Getting desperate now are we? Can't stand to think the price might actually dip?

>> No.5018733

>>5018017
Honestly the guy is so dumb not to obfuscate his trade in smaller numbers that it’s probably a normal guy who bought 1000 coins back in the day.

>> No.5018751

>>5018147
wok boi in this thread

>> No.5018801

What if the dude had spread this to 1BTC sells one dollar apart?

>> No.5018812
File: 145 KB, 452x750, Bretty Good XDDD.gif [View same] [iqdb] [saucenao] [google]
5018812

>>5018182
Thanks for the tip... for someone to do that, it would take a big guy.

>> No.5018818

>>5018587
I know the term bull trap gets thrown around but that's actually EXACTLY what a bull trap looks like.

>> No.5018835

>>5016909
17 bil

>> No.5018840

>>5018818

What? Bull trap wouldn't have broken past $16k

>> No.5018851

>>5016785
Can someone explain this to me like I'm retarded?

>> No.5018872

>>5018835
17 mil bro

>> No.5018885
File: 11 KB, 211x246, What thefiug.png [View same] [iqdb] [saucenao] [google]
5018885

>>5018840
wrong

>> No.5018891

>>5018801
Would be the same.
To do it in a smart way means taking a few hours at least, put some 10btc sell order, market sell some.

He's certainly some dumb or lazy guy cashing out.

>>5018466
Why would someone with 1000btc not want the price to go up idiot.

>>5018818
The bulls right now are the new literally 50000 normies a day buying coins here.

>> No.5018892

>>5018851
largest sell wall in bitcoin history . 1000btc at 17250 USD. do the math it would take 17,250,000 USD to completee that order. since we all know that isnt going to happen and the BTC price wont exceed that, everyone is selling and this will cause a dip

>> No.5018908

>>5018872
oops

>> No.5018940
File: 2 KB, 125x102, 1508474197130s.jpg [View same] [iqdb] [saucenao] [google]
5018940

>>5018892

>> No.5018954

>>5018940
>saving a thumbnail
Guess we found the true brainlet

>> No.5018958

>>5018840
>What? Bull trap wouldn't have broken past $16k

not as important as the weak volume on the second top, I'm guessing

>> No.5018965

>>5018892
Is it still up?

>> No.5018973

>>5018965
because the sell wall keep getting refilled

>> No.5018987

>>5018965
yes

Oh and if this wall does get sold, or is a fake wall and gets cancelled., BTC will skyrocket.

>> No.5018998

>>5018940
>save thumbnail

Im guessing you just bought at 17250

>> No.5019001

>>5018892
>blah blah blah, pls drop your bags so i can get in
sell walls can be as big as they want. if no one else wants to sell, they will chip at the wall until it breaks, and the price will continue to go up

>> No.5019024

>>5019001
nah i bought 100k ripple at 0.23 im happy


Ive seen this shit too many times to know what happens.

I bet its a fake wall, the volume will drop 3-500btc and it will be cancelled.

>> No.5019030

>>5019001
>>5018987
Except there's actual sell pressure behind this too. Hardly any buys. Not to mention weak volume.

>> No.5019087

>>5019024
>>5018987
bought at 4500 this Sep but I agree with you, those sell walls is to scare people.

>> No.5019103

>>5018543

What exactly do the white lines mean in relation to each other? Why is one sloping up and one sloping down indicative of an impending bear dive?

>> No.5019107
File: 85 KB, 327x300, 1512982903813.png [View same] [iqdb] [saucenao] [google]
5019107

>and it's gone

>> No.5019112
File: 155 KB, 960x686, BankOfAmerica.jpg [View same] [iqdb] [saucenao] [google]
5019112

((They)) really have it out for btc.

Really makes you think.

>> No.5019120

Price on gdax is nearly 1k higher than bitfinex. The fuck is this

>> No.5019126

>slowly getting eaten
>price isnt dropping

>> No.5019128

Some other dude is building a wall at 17238$ and is making no GM es pay for it.

>> No.5019147

>>5019128
>no GM es
Normies*

>> No.5019153

>>5019103

The bottom is the RSI which essentially measures the strength of the trend. Generally, when you have a simultaneous rally in prices with a fall in RSI it means the trend is getting exhausted, and combined with decreasing volumes paints a worrisome picture.

>> No.5019169

>>5018892
Thanks bro, you helped a mental midget out. I'm still really new to this shit.

>> No.5019188

>>5019030
the price has been sitting at this wall for 3 hours without dropping. if you know literally ANYTHING about TA, you would know that this wall will be eventually eaten, and the price will go up after, even if there are some minor dips over the next several hours. please. you dont know jack shit, about bitcoin, nor TA.

>> No.5019191

>>5019120

Bitfinex has the exit scam discount baked in

>> No.5019204

This is legitimately unironically seriously the beginning of the end of Bitcoin gains

>> No.5019224

>>5019191
>Bitfinex has the exit scam discount baked in

ha, this is my theory. pure capitalism at its finest

>>5019153
>the RSI

an RSI of 90 is pretty much unheard of, I'm guessing?

>> No.5019227

>>5019204
This but unironically. Completely dead serious.

>> No.5019258

>>5018892
Can you explain further what happen in the mass that triggers people selling when they see a wall?

>> No.5019260

>>5019204

OH FUK IT TOTALLY OVER NOW

buying another 100k.

>> No.5019261

>>5018501
underrated post.

>> No.5019301
File: 20 KB, 453x500, 17 - CycO964.jpg [View same] [iqdb] [saucenao] [google]
5019301

>>5019204
>16m wall of a 300B marketcap coin is the beginning of the end of it.

>> No.5019311

>>5018733
>implying this guy doesn't want to suppress the price and crash it on purpose

It's wallstreet dude. They're in the game now, and they're gonna fuck us all in the ass and buy all the bitcoin up.

>> No.5019324

>price tanking on bitfinex
>Completely stagnant on gdax even with a 1k btc sell wall
Wtf?

>> No.5019333
File: 58 KB, 679x769, 1512995400649.png [View same] [iqdb] [saucenao] [google]
5019333

>>5019258
They want to sell before the wall because they fear that if they put orders above the wall, it will take too long for the order to go through, so they sell at the base of the wall.

Pic related, it's me.

>> No.5019343

>>5018892
this is nowhere near. He doesn't even count as an early adopter with 1000btc. If you think this guy can suppress the price with his one wall you might as well admit defeat to bitcoin cash, jihan and roger could put a 150k bitcoin sell wall right where that one is.

>> No.5019346

>>5019153

Thanks, that makes perfect sense, just needed someone to sum up what the charts are. Seen a few of these TAs and weren't quite sure what concepts they're describing.

>> No.5019353
File: 10 KB, 215x215, rub.png [View same] [iqdb] [saucenao] [google]
5019353

>>5019324

>> No.5019396

>>5019324
Is gdax just down again?

>> No.5019401

>>5019188
This just seems like a simple volume issue. Likely because the Americans are sleepy.

>> No.5019413

>>5019396
yup

>> No.5019536

>>5019224
Its actually because US citizens can not exchange fiat on bitfinex, making arbitration more difficult.

>> No.5019571

>>5019346
Honestly, you should watch some basics on TA, many videos on youtube. It's very useful for helping predict where the market is moving.

It's never a 100% sure thing, but it's better than shooting in the dark.

Also, follow the right people on twitter. Really smart crypto investors share their charts regularly. Start with VentureCoinist, Notsofast, Needacoin, and SecretsofCrypto.

>> No.5019691
File: 162 KB, 500x272, 201-Back-to-the-Future-quotes.png [View same] [iqdb] [saucenao] [google]
5019691

GET READY

>> No.5019710
File: 57 KB, 912x392, noice.png [View same] [iqdb] [saucenao] [google]
5019710

BACK AT IT BOIS

>> No.5019728

oh shit round 2, givr btc your power

>> No.5019744

>>5019571

Thanks, I'll be getting round to that. I've learned to interpret buy and sell walls better by watching carefully which has saved me a few times, so I know its value, and TA making use of indexes and other measures is my next stop.

>> No.5019749

uh oh

>> No.5019760

lol gg no re

>> No.5019763

Ok, it hit 17,250. what am I witnessing?

>> No.5019766

>>5018272
I agree with this.

>> No.5019773

euro normies are buying bitcoins right now on their smartphone during their coffee break

I seriously can't wait they're drunk next weekend and max their credit cards

>> No.5019802

20k in 24 hrs. Screencap it.

>> No.5019805

>>5019773
coinbase #8 is on Playstore and #1 on Appstore (was #16 on Appstore yesterday)

>> No.5019806
File: 1.05 MB, 900x1405, 2d322293c25ad144aae74d8befc688cf.png [View same] [iqdb] [saucenao] [google]
5019806

THE WALL IS CRUMBLING BOYS

>> No.5019832

850 btc is the volume of around 30 minutes on gdax and that's including sells

it'll take at least an hour to buy it, except if coinbase refills their stock

>> No.5019865

>>5019832
What's going to happen after this is filled?

>> No.5019866

this wall is been eaten with appetite.

>> No.5019869
File: 16 KB, 241x210, 1428076343846.jpg [View same] [iqdb] [saucenao] [google]
5019869

>>5016785
>drumpfcoin is finished, its all over now
>btc is as high as ever

>> No.5019882

>>5019188
>?
Are you saying that the price will go up after this sell wall is eaten?

>> No.5019889

REMOVE SELL WALL remove sell wall. You are the worst sell wall. You are sell wall idiot you are sell wall smell. Return to wallet. To our market seller cousin you may live in the zoo... HAHAHA sell wall stink smell so bad wow I can smell it REMOVE SELL WALL FROM PREMISES

>> No.5019898

>>5019865
btc skyrockets to 20k

>> No.5019906

If this falls we >20k or are we still too overstretched?

>> No.5019929

>>5019865
Price can keep going up.
Now it's stuck here because everyone wanting to buy will buy in that wall.

But gdax volume and price does not really lead the whole btc price, it's mostly bitfinex and korea. So don't expect seeing a bull run to 20k.


But the good thing is so many people saying "you can't cash out a million without crashing the price", this guy already got 2 millions and will have 14 more millions soon and it just stuck btc for a few hours.
Now it'll either take him a while to get the actual money from coinbase but I guess he has a high limit.

>> No.5019940
File: 44 KB, 480x587, Untitled.png [View same] [iqdb] [saucenao] [google]
5019940

Hardly anyone buying. This whale is desperately trying to dump his coins.

>> No.5019960
File: 16 KB, 607x406, Npdj57B.png [View same] [iqdb] [saucenao] [google]
5019960

>>5019940
he can just dump at market price and the price will be pull back to 16400.

>> No.5019963

>>5019940

>Cashing out with 14.3 million

>> No.5019993

>>5019963
That might not be his full stack. Whales don't want to scare away people.

>> No.5020020

>>5019993
It's Satoshi

>> No.5020022

So everyone that is buying in the wall would have to be a marketplace buy at this point?

>> No.5020066

>>5017372
>I would say that there’s room for 4-5 coins max.
Maybe. Expect another 10k over the next year though.

>> No.5020079
File: 202 KB, 1667x832, Untitled.png [View same] [iqdb] [saucenao] [google]
5020079

the fuck is this nigger doing

>> No.5020120

>>5018501
topkek 10/10

>> No.5020129

>>5020079
ruining your day and making mine

>> No.5020132
File: 13 KB, 1067x245, zno1DfS.png [View same] [iqdb] [saucenao] [google]
5020132

WALL APPROACHING

>> No.5020150

WALL HAS BEEN HIT

>> No.5020157
File: 567 KB, 1024x616, dragon-ball-super-spoilers-goku-getting-a-new-super-saiyan-form-creator-talks-about-gokus-portrayed-heroism-1024x616.png [View same] [iqdb] [saucenao] [google]
5020157

Round 3 BOYS

>> No.5020164

damn it's going down fast 100 btc gobbled up in a few seconds

>> No.5020171

They start eating the wall but it keeps getting built up again

>> No.5020212
File: 72 KB, 1221x473, 1513155096702.jpg [View same] [iqdb] [saucenao] [google]
5020212

what do?

>> No.5020216

>>5020171
How is it getting built up again? its down to 700's

>> No.5020231

>>5020212

Ask sexy lady to come down jew wall for fliki fliki

>> No.5020254

Why does that one retard keeps placing and cancelling his 11btc order?

>> No.5020310

>>5018588
The thought of this has me cackling

>> No.5020315

a lot of times the biggest of walls are just to scare other people into selling as well. But the person with the most in the orders (yes, the wall does not have to be a single person, it’s a collective total of all people selling at that price....) will often pull the order prior once enough other people add to the wall. Thus, when the wall gets hit, everyone else is selling off and the person that had a chunk big enough to start it is actually sitting waiting for the dip they basically FUDed into action so they can buy more.

>> No.5020318

it's coming downs slowly but surely

>> No.5020325

>>5020310
It'd be so funny. All the dumb normies and boomer futures investors would get BTFO

>> No.5020326

>>5020254
i thought that was to snipe people who put up their bid for a second. they think it's going to disappear and they jump on it so they aren't part of the 17250.00 order right?

>> No.5020338

Is this whale manipulation or are we witnessing the begiining of the end?

>> No.5020352

>>5020338
yes

>> No.5020363

the flashing order is to push that order at the lowest priority so it does not get hit 1st.

>> No.5020365

>>5016785
Sooo I should buy now, right???

>> No.5020381

>>5020363
But what for? If the guy with the 700btc wall decides to market sell 1/20th of that wall the order would be hit anyway?

>> No.5020382

>>5020338
those are one thing

>> No.5020405

>>5020352
Yes what, which one is it

>> No.5020427

>>5020365
Yes

>> No.5020433

if this wall down to 200, the fomo will kick in.

>> No.5020434

inb4 another whale starts market selling his stack

>> No.5020447

Theres not many buyers

>> No.5020448

Tear down this wall...

>> No.5020459

How far is it gonna drop boys??? I'm itching to buy in

>> No.5020461

>>5020447
the people breaking the wall buying at market order so you cant see them.

>> No.5020474

>>5018840
that first peak isn't true. peak was 22,500 USD on bithumb, 19,700 USD on GDAX. Definitely absolutely dead cat bouncing.

>> No.5020498

Once this wall is eaten we're >20k boys

>> No.5020539

>>>5019536
nice doublespeak for "you can't sell bitcoin on bitfinex for real money"

>> No.5020545

sub 700

>> No.5020556

>whale wake up
>"what's this shit, noone is buying my bags"
>market sells 10000 BTC

>> No.5020560

I just bought Bitcoins for 100k, wish me luck ;_;

>> No.5020561

is bitfinex broken?? cant deposit

>> No.5020581

>>5020381
that order IS the guy with the sell wall.

get it?

>> No.5020584

>>5020561
Maybe its them with the sell wall :D

>> No.5020604
File: 717 KB, 1000x581, aAvENN5.png [View same] [iqdb] [saucenao] [google]
5020604

>>5020556
>Wall isn't scaring small timers. Switch to market.
The call that crushed BTC.

>> No.5020689

Will BTC moon if we get through the wall?

>> No.5020714

>>5020689
no, it will go back to sub 15k

>> No.5020777

any1 got 11212500$ to take it down?

>> No.5020811

>>5020777
Sure no problem man, wait a minute

>> No.5020822

>>5020777
I'll call my grandpa to move his retirement fond to BTC

>> No.5020827

>>5020689
gdax is less than 5% of total bitcoin market movement

>> No.5020851

btc 18k+ within 2 hours confirmed

>> No.5020855

Can someone tell me why others are not selling for cheaper price thus making the btc price go down, why it keeps staying at this price shouldn't it go down?

>> No.5020871

>>5020855

because btc is worth more. launchpad. moon.

>> No.5020896

>>5020855
cheaper orders are filled instantly

>> No.5020899

>>5020855
The wall is basically limit orders because people like nice round numbers when making orders.

Right now people aren't changing their sell orders to reflect the under supply of buyers at wall level.

I think mainly because a lot of the wall is made from people asleep or they think the price will go up.

>> No.5020970
File: 11 KB, 150x150, 0383_-_tlvEJkM-150x150.jpg [View same] [iqdb] [saucenao] [google]
5020970

OP post wall 1068
now is 472

the 2nd great bear whale about to be slaughtered.

>> No.5021008

>>5020970
>slaughtered
>for 16M

where do I sign up?

>> No.5021123

How do we know it's a whale instead of just an early adopter trying to cash out?

>> No.5021149

Dead

>> No.5021221

>>5021123
early adopter and whale are one and tge same

>> No.5021248

I would cash out 1000 BTC if bitcoin was over 10k. Let people buy my bags and sit back and relax from the crypto market.

>> No.5021250
File: 82 KB, 800x450, 800 (1).jpg [View same] [iqdb] [saucenao] [google]
5021250

>> No.5021319

>>5021248
That's cause you're thinking small.

Sure you can retire with 10 million but it's not like you're going to live a life of luxury. In order to really "make it" you'd need 100 mil minimum.

>> No.5021339

>>5021319
heh its probably not all the persons BTC anyways. And you're selling 1000 BTC for near ATH price. Its such a good deal. God bless the people wanting to buy that expensive wall.

>> No.5021353

>>5021339
You do realize everyone that has ever sold a huge amount of BTC is regretting it? Mark my words selling some 500k is giving it away.

>> No.5021361

>>5021339
At least one of those buyers took a loan, a mortgage or something worse to buy Bitcoin. No bueno

>> No.5021375

>>5021319
Id be in it to comfortably retire. Not looking for luxury

>> No.5021398

Let me add another 150, 2 minutes

>> No.5021400

Why are whales so fucking alpha?

>> No.5021402

>>5021353
Its ~17.5 million worth, you serious? Why would you regret that at this price? You'd be kicking youself for being greedy and not selling some of your BTC as this high price

>> No.5021411

>>5021319
You'd need more like a billion.
100 mill won't even last you half your life living a mediocre life

>> No.5021431

This is not a price manipulation or a signal. If it were, it would be set further from the current bid price. This is a legitimate sale: someone with a lot of BTC has decided they want to have nearly 20mn in liquid cash for the next year.

This is a good thing for the crypto economy. It will allow bitcoin ownership to become less concentrated and more people to buy in at a predictable price.

>> No.5021458

>>5021411
>thinking someone with 100mil just leaves it sitting

>> No.5021577

>>5021411
what the hell is a "mediocre life" to you?

>> No.5021598

>>5021577
Probably something like Dan Bilzerian if he thinks 10 mil doesn't last long.

>> No.5021599

>>5021411
How much do you think shit costs you fucking moron? 100M is not a mediocre life

>> No.5021603

This is massive whale fuck you.

You profit when we want, not when you want.

>> No.5021618

>>5021603
Yeah sure mate whatever you say

>> No.5021628

>>5021599
100mil today buys you an upper middle class life

Nowhere near actual rich though.

>> No.5021633

>>5021618
Please give me your enlightened explanation cuck

>> No.5021652

>>5017465
define go back to redit newfag

>> No.5021657

>>5021402
Because BTC is a multi trillion dollar asset. Why would I sell something worth trillions for billions?

>> No.5021691

>>5021431
The price he chose doesn't make sense, unless he has intel on a future crash

>> No.5021797

>>5018146
If I pull that wall would you moon?

>> No.5021822

>>5021797
You're a big whale

>> No.5021884
File: 163 KB, 1078x597, BTC.jpg [View same] [iqdb] [saucenao] [google]
5021884

Allready down to 300.

"Can't stop won't stop"
"the only way is up"
"to infinity and beyond"

>> No.5021901

20k in sight

>> No.5021934

>>5021123
It's a giga bear whale who bet against BTC. You don't make a sell order like that unless you're actively trying to lose money. Either sell in "stairs" or do in waves.

>> No.5021967
File: 1.54 MB, 480x264, 1513140537258.gif [View same] [iqdb] [saucenao] [google]
5021967

Longed my one btc x40.
Stop loss at 16700.
I will go for a run now; coming back rich or headshotting myself.

>> No.5021974

IS MY ANUS READY?

>> No.5022023

>sub 300

BEARS BTFO

>> No.5022038

>>5021934
He basically has a short open and he's trying to avoid liquidation?

>> No.5022049

damn, I can't believe this wall is getting eaten.

some seriously shady shit going on

>> No.5022066
File: 159 KB, 900x675, nothingpersonnel.jpg [View same] [iqdb] [saucenao] [google]
5022066

>>5016785
obvious CME shenanigans...
crypto market manipulation is untraceable, technically legal, why the fuck wouldn't (((they))) abuse the SHIT out of it?

>> No.5022082

>>5022049
its for the futures contract.

whales bigger than the whales before are manipulating the markets like we never seen

>> No.5022120

>>5021599
>spending 2 million dollars a year for the next 50 years of your life is ‘upper middle class’

>> No.5022121

I have a sell order at 19600, should I bump it higher?

>> No.5022138

>>5022120
Replied to the wrong post sorry anon

>> No.5022167

>>5022121
be an hero and start dumping your stack at market price

>> No.5022174

"Mr. Gorbachev, tear down this wall!"

>> No.5022203

>>5022120
>what is inflation

>> No.5022206
File: 259 KB, 540x370, 28 - 3IbVMsk.png [View same] [iqdb] [saucenao] [google]
5022206

>>5022121
>selling bitcoin before 50k

>> No.5022215
File: 577 KB, 600x580, 1413915394887.png [View same] [iqdb] [saucenao] [google]
5022215

>>5022206
>selling bitcoin before 500k

>> No.5022244
File: 10 KB, 225x224, images.jpg [View same] [iqdb] [saucenao] [google]
5022244

>>5022215
>selling bitcoin

>> No.5022281

>>5017372
I would say there's room for 1 or 2 firms or only 1 or 2 grocery business'. This is what you're saying. Think about how retarded what you just said was.

>> No.5022290

FUCK

>> No.5022377
File: 1.79 MB, 1070x210, www-2017-12-13_12.49.55.webm [View same] [iqdb] [saucenao] [google]
5022377

Up again.

>> No.5022381

>>5022244
>bitcoin is the currency of the future goys!!!

i can't wrap my head around the fact that people STILL think this...

>5 transactions per second
>if everyone started using it, you'd need a dyson sphere to power the network
>$100 transaction fees

even as a "store of value" it would face the same problems.

>i need some funds out of my amazing store of value, so do a million other people, guess i'll have to wait like a month!

>> No.5022436

>>5022381
>if everyone started using it, you'd need a dyson sphere to power the network
You could run the mining operations on two computers.
>$100 transaction fees
More like $10, and that's when you need to get a transaction through fast.

>> No.5022543

>>5022381
yes, we can all see that you cant wrap you tiny little brainlet head around btc. dont worry, plenty of people are too stupid to understand internet either, but youll be using btc daily in 5-10 years

>> No.5022550

perhaps the biggest walls are those we build around ourselves

>> No.5022591

>>5022550
that gave me cancer

>> No.5022627
File: 24 KB, 600x584, 107.jpg [View same] [iqdb] [saucenao] [google]
5022627

>>5022550
kys


FUCKING CRASH ALREADY TOO MANY NORMIES ASKING ME ABOUT BUTTCOIN

>Invest for me anon
>Wheres the best place to buy buttcoin anon

FUCK THIS I WANT MY DISCOUNT BUTTCOIN NOW.

>> No.5022648

>sub 100 btc wall + 88btc buy wall for support

this is it guys, road to 50k we getting rich boiis

>> No.5022649
File: 201 KB, 316x316, jeez.png [View same] [iqdb] [saucenao] [google]
5022649

IT'S GONE

>> No.5022668

IT'S OGRE

>> No.5022684

HERE WE FUCKING GO

>> No.5022716

TA fags, how can we know when buying power gets exhausted?

>> No.5022717

THE DAM HAS BROKEN. I REPEAT, THE DAM HAS BROKEN

CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED CODE RED

>> No.5022744
File: 86 KB, 773x591, 1512732758915.png [View same] [iqdb] [saucenao] [google]
5022744

RIP in peaces

>> No.5022769
File: 1.48 MB, 2000x1374, 149 - NT98kfJ.jpg [View same] [iqdb] [saucenao] [google]
5022769

GOING IN RAW

>> No.5022770

>>5022717
>>5022744
what does this mean?

>> No.5022777

WHAT IS HAPPENING? HOW IS THIS POSSIBLE? AHHHHHH

>> No.5022805

So is this moon or nah?

>> No.5022817

>>5022770
There was a 20 million dollar sell wall at 17250 acting like a dam preventing the price from moving any higher, it slowly got chipped away for hours and disappeared.

>> No.5022842
File: 50 KB, 1094x668, Screen Shot 2017-12-13 at 7.18.16 AM.png [View same] [iqdb] [saucenao] [google]
5022842

>>5022817

>> No.5022870
File: 830 KB, 808x805, 910.png [View same] [iqdb] [saucenao] [google]
5022870

>>5022842
MOMMY MAKE IT STOP

>> No.5022884

leverage x10 next 5 hours here we go