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Topic: Coincidence or not? - page 2. (Read 251 times)

member
Activity: 140
Merit: 15
February 17, 2018, 10:57:47 AM
#6
Why should there be a coincidence? If you have money, you buy when the price is down. This guy had purchased quite a considerable amount back before bitcoin became mainstream, so he apparently always had confidence in the coin. So during the recent drip, he purchased even more. Perfectly logical from my point of view.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
February 17, 2018, 10:55:12 AM
#5
Someone bought a huge amount of bitcoin when it drop, coincidence or not?
Source: https://www.investopedia.com/news/bitcoin-price-retreats-10k-mysterious-buyer-emerges/

Yeah and a bag of rice fell over in China at the same time. Coincidence?
full member
Activity: 448
Merit: 109
February 17, 2018, 10:52:09 AM
#4
The movement of coins from one address to another does not confirm that any coins were bought or sold. This is more than likely simply a large exchange moving to a Segwit address.

Yeah I mean this is not some small chunk of money. I don't know if people trust exchanges with that high amount of money even, I know that I wouldn't trust them and it will take him slowly buying for few days. Who knows.
legendary
Activity: 2268
Merit: 18748
February 17, 2018, 10:47:20 AM
#3
The movement of coins from one address to another does not confirm that any coins were bought or sold. This is more than likely simply a large exchange moving to a Segwit address.
sr. member
Activity: 420
Merit: 252
February 17, 2018, 10:35:41 AM
#2
If I have learned something in life it is that there is not coincidence in anything. I wish the panic sellers held their btc in that period and prevent this speculators to play with the market as they wish.
full member
Activity: 252
Merit: 102
February 17, 2018, 10:31:48 AM
#1
Someone bought a huge amount of bitcoin when it drop, coincidence or not?
Source: https://www.investopedia.com/news/bitcoin-price-retreats-10k-mysterious-buyer-emerges/
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