Is it your order?
No, I wish I had that many coins. I only have 10k. I only said what I said because whales are what moves prices and volume. Ive been part of fair distributed coins, and even though some of them were legit, none of them saw any real price increase or good volume since all the coins were distributed amongst us peasants. Hate em or love em, we need whales. Im sure as a trader you know that better than me.
Totally agree - as long as they are not trying to stifle the price ;-)
However, the whale just got a chunk taken out of him and will not have many coins left at all if he continues this low ball tactic of his. I won't allow it - neither will the other 'medium size fish' around here.
EDIT: Any coins I buy will be held off the order books until we see at least 50K and I will never sell off more than 10% of my holdings in a day. I like to take from the manipulators, get the coins off the market, watch the price go up, sell a SMALL amount around 400-500% and over a day or two make back my original investment, then I hold long term.
Not a fan of buying off small fish - I know many don't know what the fuck they are doing lol But when I see low ball orders from whales...that's my bread and butter ;-)
I am learning a LOT from reading your posts. Thanks for sharing. In light of what I have seen and experienced (huge losses) your explanations help shed light on it all. Take it to them evil-whales!!
~darylluke.