Topic: Massive buy order only on Bitstamp. - page 4. (Read 3868 times)
The market is out to get you and only you. Be careful.
Just the usual behavior we have seen during the last 10 pump and dumps. Some average buying of 500-1500 BTC in 2-3 pieces. After that a lot of small aks 10-30BTC get listed. A few idiots buy in,
silence after that... Just like the last 10 times..
silence after that... Just like the last 10 times..
I would and am placing my money on this being the case again. That was around 3000 coins in the space of 5 minutes. That is almost 2.5 millions USD. If the peons don't rush in on this. Who has got the means to keep throwing this kind of capital at an obvious declining market. It would take another 2.5 million USD of buying power just to take the price to 830 on Stamp right now.
Massive buy order only on Bitstamp, other exchanges followed the Stamp's lead.
Looks like an attempted ramp from coinbase to me. They are on record stating that they deal with Bitstamp but not with certain other large exchanges due to dubious counterparty risks.
My enemies on this site won't mind knowing that I shorted just 2 minutes before it happened as well. Took a $400 hit.
Needless to say, I am still shorting Bitcoin.
Looks like an attempted ramp from coinbase to me. They are on record stating that they deal with Bitstamp but not with certain other large exchanges due to dubious counterparty risks.
My enemies on this site won't mind knowing that I shorted just 2 minutes before it happened as well. Took a $400 hit.
Needless to say, I am still shorting Bitcoin.
"Looks like an attempted ramp from Coinbase to me."
LOL
Just the usual behavior we have seen during the last 10 pump and dumps. Some average buying of 500-1500 BTC in 2-3 pieces. After that a lot of small aks 10-30BTC get listed. A few idiots buy in,
silence after that... Just like the last 10 times..
silence after that... Just like the last 10 times..
Massive buy order only on Bitstamp, other exchanges followed the Stamp's lead.
Looks like an attempted ramp from coinbase to me. They are on record stating that they deal with Bitstamp but not with certain other large exchanges due to dubious counterparty risks.
My enemies on this site won't mind knowing that I shorted just 2 minutes before it happened as well. Took a $400 hit.
Needless to say, I am still shorting Bitcoin.
Looks like an attempted ramp from coinbase to me. They are on record stating that they deal with Bitstamp but not with certain other large exchanges due to dubious counterparty risks.
My enemies on this site won't mind knowing that I shorted just 2 minutes before it happened as well. Took a $400 hit.
Needless to say, I am still shorting Bitcoin.
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