Pages:
Author

Topic: Big players attempting to drop price - page 2. (Read 2116 times)

full member
Activity: 226
Merit: 100
December 09, 2014, 10:34:20 AM
#10
We really need the bitcoin halving to come earlier, miners are dropping bitcoin too fast...
legendary
Activity: 1722
Merit: 1000
December 09, 2014, 10:13:02 AM
#9
Yea it's pretty obvious we've been playing the shorting game all year. The market has been more reactive to dumps than pumps, so the easier way to make money is to scare people into dropping their coins by dumping and walls, than buying and pumping. The shorting game will end when the price is too low to pass up, or the shorter's btc get burned.

I have a feeling it will be the price is too low.  We would need mass capital and organization to burn them, it is possible however.
sr. member
Activity: 378
Merit: 254
December 09, 2014, 10:10:53 AM
#8
...easier way to make money is to scare people into dropping their coins by dumping and walls, than buying and pumping...

hero member
Activity: 588
Merit: 500
December 09, 2014, 09:47:07 AM
#7
Yea it's pretty obvious we've been playing the shorting game all year. The market has been more reactive to dumps than pumps, so the easier way to make money is to scare people into dropping their coins by dumping and walls, than buying and pumping. The shorting game will end when the price is too low to pass up, or the shorter's btc get burned.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
December 09, 2014, 09:42:49 AM
#6
I can't see any massive sell walls yet, but they will probably appear in a couple of weeks.

Nobody is trying to drop the price, it's just a normal market behavior. You got spoiled by Markus and Willy who
prevented the early 2013 bubble from deflating to 30$ or below and then used more fake million $ to build the new bubble
much faster and higher than normal. Now the disillusioned market has to find THE bottom, and hopefully without manipulation.
If those bots existed, they also disillusioned the market from finding a true ceiling. If manipulation is so easy that a single bot can outwit many seasoned traders, then it will never be possible for this model of trading to ever work. It is then not Bitcoin that should be blamed, but instead the people running the unregulated exchanges and the unlicensed brokers that use them.
legendary
Activity: 2170
Merit: 1094
December 09, 2014, 09:26:23 AM
#5
I can't see any massive sell walls yet, but they will probably appear in a couple of weeks.

Nobody is trying to drop the price, it's just a normal market behavior. You got spoiled by Markus and Willy who
prevented the early 2013 bubble from deflating to 30$ or below and then used more fake million $ to build the new bubble
much faster and higher than normal. Now the disillusioned market has to find THE bottom, and hopefully without manipulation.
legendary
Activity: 1722
Merit: 1000
December 09, 2014, 09:11:22 AM
#4
Massive sell walls set up just above the price.. Someone is about to make a lot of money shorting BTC.

Slowly buying and always holding with an item that cannot produce 21 million can only have one outcome.... this winter will be a very long one, weather the storm or get out now.


What massive sells walls are you talking about, don't see any.

Can you specify what exchange's orderbook you look at?

A smaller one only has like 120 btc vol a day.
legendary
Activity: 1722
Merit: 1000
December 09, 2014, 09:10:49 AM
#3
Quote
..I am still dreaming to get rich quick some day..

Give it up,Bitcoin Market (aka bitcoin ponzi scheme) is about to Collapse soon!

It would depend on what you define as collapse.
legendary
Activity: 2170
Merit: 1427
December 09, 2014, 08:53:36 AM
#2
Massive sell walls set up just above the price.. Someone is about to make a lot of money shorting BTC.

Slowly buying and always holding with an item that cannot produce 21 million can only have one outcome.... this winter will be a very long one, weather the storm or get out now.


What massive sells walls are you talking about, don't see any.

Can you specify what exchange's orderbook you look at?
legendary
Activity: 1722
Merit: 1000
December 09, 2014, 08:40:39 AM
#1
Massive sell walls set up just above the price.. Someone is about to make a lot of money shorting BTC.

Slowly buying and always holding with an item that cannot produce 21 million can only have one outcome.... this winter will be a very long one, weather the storm or get out now.
Pages:
Jump to: