Author

Topic: Lots of sales (Read 1353 times)

legendary
Activity: 1120
Merit: 1000
July 03, 2014, 06:04:34 PM
#11
start of the month, many bitcoin business will start to sell to get fiat.

Maybe people taking profits from the recent rise too.
full member
Activity: 180
Merit: 102
July 03, 2014, 03:17:41 PM
#10
I think the most obvious explanation is there's free trading until July 5 so people probably just making use of that.
legendary
Activity: 1176
Merit: 1010
Borsche
July 03, 2014, 02:18:34 PM
#9
well somebody found it and tries to corner the thin market, isn't that a more obvious explanation?
full member
Activity: 180
Merit: 102
July 03, 2014, 01:36:11 PM
#8
10btc, 17btc, and 6btc asks

Must be some whales dumping their stashes, nothing else could explain movement of these wild amounts.

i sense sarcasm. the exchange is small. 200 daily volume. it's very rare to see any bid/asks over a couple btc, which is why it caught me by surprise.
legendary
Activity: 1176
Merit: 1010
Borsche
July 03, 2014, 12:23:20 PM
#7
10btc, 17btc, and 6btc asks

Must be some whales dumping their stashes, nothing else could explain movement of these wild amounts.
legendary
Activity: 966
Merit: 1000
July 03, 2014, 10:57:47 AM
#6
not panicking. just curious.
We will see at end of the week Smiley
full member
Activity: 180
Merit: 102
July 03, 2014, 10:53:53 AM
#5
not panicking. just curious.
legendary
Activity: 966
Merit: 1000
July 03, 2014, 10:53:21 AM
#4
Last week graph ended in green so i don't know why you guys are panicking. We are still in +.
full member
Activity: 180
Merit: 102
July 03, 2014, 10:47:53 AM
#3
look at the 24hr volume compared with the 10btc, 17btc, and 6btc asks. Lots of selling right now. Keep in mind it's CAD, but the price is all relative.

https://www.vaultofsatoshi.com/orderbook
legendary
Activity: 2128
Merit: 1074
July 03, 2014, 10:44:54 AM
#2
Pump ended up into resistance and now it's dump time.
full member
Activity: 180
Merit: 102
July 03, 2014, 10:39:01 AM
#1
Just noticed lots of sales on my exchange. The volume of asks if much much higher than normal. Something going on?
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