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Topic: $3.20 in one big buy? - page 5. (Read 6261 times)

hero member
Activity: 560
Merit: 500
December 11, 2011, 01:33:03 AM
#5
It seems to me like someone just bought 11k coins at 10 cents higher than they might have been able to.. A bid wall was placed at 3.195 and it got ate pretty fast. I guess we'll see what happens next.

Someone has 11k in coins i suspect they may not have wanted to actually buy. I think we can expect an hardened effort to continue raising the price. It is possible they are acquiring all these coins trying to trigger a bubble.
full member
Activity: 181
Merit: 100
December 11, 2011, 01:29:40 AM
#4
It seems to me like someone just bought 11k coins at 10 cents higher than they might have been able to.. A bid wall was placed at 3.195 and it got ate pretty fast. I guess we'll see what happens next.
hero member
Activity: 630
Merit: 500
December 11, 2011, 01:28:53 AM
#3
Volume is off the charts today.  It's been fun watching the big buys.
hero member
Activity: 575
Merit: 500
The North Remembers
December 11, 2011, 01:25:53 AM
#2
Some cartel is funneling cash into bitcoin. I expect $25 by tomorrow. Tongue
hero member
Activity: 560
Merit: 500
December 11, 2011, 01:24:02 AM
#1
Just saw a massive buy rally up to 3.20 instantly which is the single biggest percentage rally i have seen in my times of watching MTGox yet. What does everyone figure is going on now and are we headed up or down?

I have to think someone with a lot of cash and coins might have just hit the buy button on an order instead of sell. I suppose we could be headed for a big rally up to 4 soon but this seems like more of a fluke to me and think we will be down towards 3 again soon.
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