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Topic: 'dat wall (Read 3375 times)

hero member
Activity: 1302
Merit: 502
February 05, 2013, 12:31:27 PM
#20
 Cheesy
newbie
Activity: 57
Merit: 0
legendary
Activity: 826
Merit: 1001
rippleFanatic
February 05, 2013, 12:21:21 PM
#18
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
February 04, 2013, 05:40:29 PM
#17
sr. member
Activity: 504
Merit: 250
February 04, 2013, 05:27:03 PM
#16
Presumed so also!
hero member
Activity: 518
Merit: 500
February 04, 2013, 05:25:06 PM
#15
dat wall is gone, very cool to watch how someone basically hit pause on the whole market value.

Safe to assume it was to buy all day?
sr. member
Activity: 504
Merit: 250
February 04, 2013, 02:18:15 PM
#14
While ~0.2% of the market is not small, Gox is the market at this point. It's not an especially surprising order.

It's an open secret that there exist large BTC traders. IIRC, we've seen a single address that held 500k (!) BTC.

Pirate once dumped 80k for the heck of it. That's four of these orders. (Admittedly, Bitcoin was a little crazier half a year ago -- we can all guess who ultimately paid for that funky move.)

I had an eye infection that day so looking at a monitor felt like being stabbed in the eyes. I could see the dump through a blur and my trading alarm went crazy, but all I could think of was pain. Missed a chance to buy coins at half price.
legendary
Activity: 1904
Merit: 1002
February 04, 2013, 02:17:49 PM
#13
we can all guess who ultimately paid for that funky move

raises hand, lower head in shame
legendary
Activity: 1036
Merit: 1002
February 04, 2013, 02:11:49 PM
#12
While ~0.2% of the market is not small, Gox is the market at this point. It's not an especially surprising order.

It's an open secret that there exist large BTC traders. IIRC, we've seen a single address that held 500k (!) BTC.

Pirate once dumped 80k for the heck of it. That's four of these orders. (Admittedly, Bitcoin was a little crazier half a year ago -- we can all guess who ultimately paid for that funky move.)
hero member
Activity: 811
Merit: 1000
Web Developer
February 04, 2013, 01:44:45 PM
#11
Scare tactics.
legendary
Activity: 1372
Merit: 1008
1davout
February 04, 2013, 09:52:21 AM
#10
hero member
Activity: 1302
Merit: 502
February 04, 2013, 09:50:44 AM
#9
So nobodies bought into it... and we're convinced it's real?
hero member
Activity: 574
Merit: 501
Please bear with me
legendary
Activity: 1357
Merit: 1004
February 04, 2013, 09:13:34 AM
#7
Great Chinese Wall.
legendary
Activity: 2114
Merit: 1031
February 04, 2013, 09:12:21 AM
#6
I was equally surprised to wake up to this.  However, $21 a bitcoin is quite a good deal considering how many ASIC miners will be dumping to deliver ROI in other currencies over the next few months...
legendary
Activity: 1106
Merit: 1001
February 04, 2013, 08:08:45 AM
#5
Some walls push, some walls pull, and never in the exact way you'd expect them to.
legendary
Activity: 1692
Merit: 1018
February 04, 2013, 07:57:31 AM
#4
It's just someone playing with the market.  It's not a whole bunch of people suddenly all deciding that $21 is exactly where they want to be.  Keep the market below $21, buy small lots.  Remove 'wall' when the time comes and watch people bid higher.  Dump bitcoins into the strength and repeat.  It's beautiful to watch.

newbie
Activity: 57
Merit: 0
February 04, 2013, 07:27:19 AM
#3
Some part of the "chinese excalibur" (avalon's proceeds) perhaps ?
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
February 04, 2013, 07:15:30 AM
#2
wtf is going on with the wall at $21? where did it come from?

You must not have seen the 50k walls before. This one is just ~19k
sr. member
Activity: 420
Merit: 250
February 04, 2013, 07:13:03 AM
#1
wtf is going on with the wall at $21? where did it come from?
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