Topic: Hedge fund puts up wall while preparing new money... - page 2. (Read 2716 times)
Hodling makes sense any situation, when it comes to btc.
So the price at the exchanges is kept down. To be able to do low priced off exchange deals, makes sense.
Needless to say hodling would make sense in this scenario.
So the price at the exchanges is kept down. To be able to do low priced off exchange deals, makes sense.
Someone is attempting to hold the price steady and keep it from going up.
That`s a good Chance to buy "cheap" and then HODL@T.Stuart
could you explain how that
Quote
someone might be trying to hold things steady with a wall.
works,please.At the moment we do not have the arguably excessive (for that moment in time) interest in Bitcoin that led to the "bubble" a few weeks back (yes sorry to use the word bubble to those who disagree but you know what I mean).
But we do have persistent regular positive interest from Joe public nonetheless, with large scale investors getting ready according to recent news.
If someone wanted to hold the price up while they get their millions or even billions ready they would leave a big wall of Bitcoins for sale (because they already bought in with smaller money, which we know one or two hedge fund managers did do) close to the current market price. The thousands of Joe public buys are chipping away at the wall, but it's a wall and to bring it down will take time. Time during which the big money is being made ready to be used to purchase Bitcoins.
If the wall wasn't there the price would keep going up and the big investor would be annoyed at having to pay easily over $1000 say, when they could have got in at $800.
But history has shown that walls will come down. Think of the Berlin Wall etc. I digress of course, but I do feel a short "history of walls" thread brewing for the weekend.
Anyway, that's how it could work in principle.
And its not happening on Stamp.
That's why Stamp has been pushing ahead now and again. Gox is holding Stamp up.
That's why Stamp has been pushing ahead now and again. Gox is holding Stamp up.
Someone is attempting to hold the price steady and keep it from going up.
That`s a good Chance to buy "cheap" and then HODL@T.Stuart
could you explain how that
Quote
someone might be trying to hold things steady with a wall.
works,please.
I'm starting to think this is more likely...
Someone is attempting to hold the price steady and keep it from going up.
Someone is attempting to hold the price steady and keep it from going up.
This is just speculation but it might well actually be happening.
As new money is being prepared by hedge funds they don't want to pay the prices Bitcoin is heading to. The very first money is definately in already - we know that. So someone might be trying to hold things steady with a wall.
But how long can they hold out against the persistent swell of interest?
Thoughts...
As new money is being prepared by hedge funds they don't want to pay the prices Bitcoin is heading to. The very first money is definately in already - we know that. So someone might be trying to hold things steady with a wall.
But how long can they hold out against the persistent swell of interest?
Thoughts...
Huge spike in BDD on 12/22/2013: https://blockchain.info/charts/bitcoin-days-destroyed
So yeah, it wouldn't surprise me one bit. This could be extremely, extremely bullish news.
This is just speculation but it might well actually be happening.
As new money is being prepared by hedge funds they don't want to pay the prices Bitcoin is heading to. The very first money is definately in already - we know that. So someone might be trying to hold things steady with a wall.
But how long can they hold out against the persistent swell of interest?
Thoughts...
As new money is being prepared by hedge funds they don't want to pay the prices Bitcoin is heading to. The very first money is definately in already - we know that. So someone might be trying to hold things steady with a wall.
But how long can they hold out against the persistent swell of interest?
Thoughts...
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