Edit: he has already removed 10-15 btc as I wrote this. See what I mean?
Agree, see what happens. prolly we will go down coming to days. If not I am happier ( have enough coins).
1. someone with a lot of btc is trying to push it. in my pov that is good.
2. trading-volume rises. thtas good.
3. he prevents people from buying at lower rates. good for longtermholder, bad for daytrader
4. price is going up. that's also good.
so all in all I think the buywall is kinda good, even if it's going back to 90/100 satoshi.
as long as we dont have proper developments and a bigger marketcap, reasoned by lots of merchants, this is obsolet.
I think its bad because when you make these massive obvious pushes they never last and only brings up the price in the short term and then builds momentum on the way down after it crashes. Also it puts off new people who were planning to invest. A buy wall is one thing but a 60 btc buy mountain spanning 25 satoshi is retarded.
Well, while I expected the bottom at monday. Beacuse there will be some relief when we past x2 and x5, it would be nice if the big buyer can hold it for 2 more days. When he keeps his new purchased coins, we might avoid a big sell-off. and off course we need good news to find our way up.
We need EAC-ACCEPTED, everywhere.