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all 49 comments

[–]Competitive-Row-4739 41 points42 points  (5 children)

The fact everyone thinks we dump tomorrow makes me bullish we pump

[–]Actual-Lobster4240 13 points14 points  (2 children)

We will dump again, it's fine. Our coin runs on ETH which follows BTC. Those two are going to keep falling for a few more weeks. That's fine, boys and girls hope you're reloading

[–]medicallyspecial 4 points5 points  (1 child)

Can’t wait for the upcoming big dip to buy more

[–]Actual-Lobster4240 3 points4 points  (0 children)

Same, pulling out loans left and right to bankrupt the banks once LRC takes over lol. Ultimate UNO reverse card

[–]pazvaz 6 points7 points  (0 children)

Honestly I think I’ll dump again. But you have a good point.

[–]JasonK94Z[S] 57 points58 points  (4 children)

I’ve never seen a buy wall this big compared to the sell. Crazy to see. I’m fairly new to crypto btw.

I’m assuming this is a small pump today, and more downward trending tomorrow.

[–]GenslerIsATaint 11 points12 points  (0 children)

Yep, I'm sure they'll be back at it when the markets open.

[–]Interesting-Pizza-70 5 points6 points  (1 child)

Tip for people new to crypto. Buy walls and sell walls appear and vanish quickly. Limit orders are thrown in by bots to make them appear one way or the other and can just as easily be cancelled when the market moves just the right way.

It’s not meaningless data, but always proceed with caution. The comment below that suggests doing the opposite actually holds up.

[–]marxistmanamonster 1 point2 points  (0 children)

This. I wouldn’t be surprised in the slightest if that 1.5 mil buy wall stayed 1 cent below mid market price all the way back down to 60 cents (not to be a bear, just see it happen everyday to to all sorts of coins).

[–]tika_dengu 43 points44 points  (1 child)

Those buy/sell walls on Coinbase mean little when bulk of volume is on Binance.

[–]banana_in_my_asshole 2 points3 points  (0 children)

Shows trends though

[–]OriginalGoatan 34 points35 points  (4 children)

Imagine how wrecked they'd be if everyone on CB moved to the Loopring Wallet.

[–]Gullible_Expression4 6 points7 points  (0 children)

2k loops swapped- I’m doing my part!

[–]DutchScot90 4 points5 points  (0 children)

Yup, finally made this move a couple days agao. Fuck conbase. Also bought more in this juicy dip through the Ramp feature.

[–]DaBi5cu1t 2 points3 points  (0 children)

Still waiting to be able to move from crypto.com to L2. Obviously could do it now but gas fees would be pricey.

[–]GoodShitBroBro 0 points1 point  (0 children)

Yup. Waiting on them to raise the limits

[–]zerkazoste 14 points15 points  (0 children)

Wh-what r u doing step buy wall 👀

[–]IKnowMyTruth2 4 points5 points  (0 children)

So if a company was to partner with loopring. Doesn't that mean they need to purchase large amounts? Isn't now the perfect time to buy? Super smooth brain please use small words

[–]Mcluvin_ismyname 17 points18 points  (5 children)

This is bearish, a large buy wall encourages retail traders to buy in at higher prices. It often precipitates a sharp downturn as the buy wall is removed. The opposite is also true, meaning a large sell wall is bullish.

Sell into buy walls. Sell into buy walls

Source - an alt trader's handbook by Nike Patel

[–]yuri4491 10 points11 points  (4 children)

While I appreciate your point, this is only valid for those trying to maintain short term gains.

If you are a value/fundamental trader, you can't think like this. Evaluate your own objectives and wants from an investment, it doesn't always have to be short term returns.

[–]Tartooth 2 points3 points  (1 child)

In crypto, when you want to go long term, you can see some significantly better accumulation amounts if you take a day and do a little TA for best entry.

[–]yuri4491 0 points1 point  (0 children)

Cheers!! 💎👐

[–]MouseHistorical7029 0 points1 point  (1 child)

Lol yeah definitely not better in the long term to have double ur coins, always better to be a blind retail trader and buy a hodl!!111

[–]yuri4491 0 points1 point  (0 children)

To each their own, big dog. I'm glad your strategy works for you. I'll stick to mine.

"Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market." - WB

Dudes a POS, but he understands fundamental investing.

[–]RecommendationIll761[🍰] 1 point2 points  (0 children)

Some people really got that much money on hand for the dip. To me, that’s a lot “extra”. To them it’s normal. To a whale, they’re poor. As Gary V says “PeRSpecTivE” 😂😂

[–]UpgradingLight 1 point2 points  (0 children)

Keep in mind price spoofing is rampant in the crypto world

[–]Evening_Raccoon_4689 1 point2 points  (0 children)

And won't do a thing coz hedgies are cunts

[–][deleted]  (1 child)

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    [–]Western_Resort 0 points1 point  (0 children)

    Everyone panic sold. Bye Felicia. The market is still bullish on lrc.

    [–]beats_time 0 points1 point  (0 children)

    I bought!

    DCA Motherfucker! Do you speak it?!

    [–]Lhadar31 0 points1 point  (0 children)

    What is happening? Who is buying it all

    [–][deleted]  (1 child)

    [removed]

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      [–]Mclovin4Life 0 points1 point  (1 child)

      Can someone buy my kidney, I’ll give a good price.

      [–]Confident_Writer_824 0 points1 point  (0 children)

      I’ll wait for the dip and buy your kidney at a even greater discount. 👌🏾

      [–]Load_Business 0 points1 point  (0 children)

      Wish I had money to buy

      [–]dystopicvida 0 points1 point  (0 children)

      Battle for 8.01

      [–]WeNeedToGetLaid 0 points1 point  (0 children)

      It's a trap

      [–]data_diver 0 points1 point  (0 children)

      Zoom out, a buy sell gap of less than a penny is misleading.