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Topic: Source of 30k+ ask wall on Bitstamp (Read 7847 times)

full member
Activity: 141
Merit: 100
October 08, 2014, 11:54:36 AM
#91
and a big whale had eaten another big big big whale, as always..



Baby whales get eaten by other killer whales.

Big whale get eaten only when they are dead and lie on the bottom of the ocean.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
October 08, 2014, 03:37:24 AM
#90
I guess it is manipulation to get cheap coins, but no one knows if he succeeded

The manipulator put 22K sell wall at 300.00 and 200+ buy wall at 299.99, hope to scare the speculators to panic sell into his 299.99 buy wall. But he also has a risk: That sell wall might be eaten faster than the buy wall, then he will lose coins. So he must actively watch the development on both sides and eat the sell wall quickly using his other accounts, so that total number of his coins won't decrease
full member
Activity: 126
Merit: 100
October 07, 2014, 01:33:09 PM
#89
Why can't bitcoin just go to 1 trillion dollars already. Gosh

Because all you fools are willing to let your coins go for much cheaper! & the powers at hand that have even more bitcoin than you are already making profit even cashing out at 300/coin... Don't even get me started on miners now too!!!

And VC's just funded blockchain.info with 30 million dollars today. Hardly the actions of a dying industry.

I am still of the opinion that this is a fantastic bit of price and sentiment manipulation before the next bubble. This time it will be global.



Just remember VC's are investing in the business, not in bitcoin... Im sure once it gets to the price they like then they'll all hop on board! What that price is, nobody knows  Huh
legendary
Activity: 1639
Merit: 1006
October 07, 2014, 01:30:15 PM
#88

This time it will be global.



minus russia
legendary
Activity: 1176
Merit: 1000
October 07, 2014, 12:52:39 PM
#87
Why can't bitcoin just go to 1 trillion dollars already. Gosh

Because all you fools are willing to let your coins go for much cheaper! & the powers at hand that have even more bitcoin than you are already making profit even cashing out at 300/coin... Don't even get me started on miners now too!!!

And VC's just funded blockchain.info with 30 million dollars today. Hardly the actions of a dying industry.

I am still of the opinion that this is a fantastic bit of price and sentiment manipulation before the next bubble. This time it will be global.

full member
Activity: 126
Merit: 100
October 07, 2014, 12:16:35 PM
#86
Why can't bitcoin just go to 1 trillion dollars already. Gosh

Because all you fools are willing to let your coins go for much cheaper! & the powers at hand that have even more bitcoin than you are already making profit even cashing out at 300/coin... Don't even get me started on miners now too!!!
legendary
Activity: 2576
Merit: 1087
hero member
Activity: 588
Merit: 500
Get ready for PrimeDice Sig Campaign!
October 07, 2014, 07:51:50 AM
#84
Why can't bitcoin just go to 1 trillion dollars already. Gosh
legendary
Activity: 1176
Merit: 1010
Borsche
October 07, 2014, 12:56:35 AM
#83

I just hope the run up happens quickly, before the first half of 2015.
Otherwise, a lot of people will become disillusioned with bitcoins.

Yeah stupid bitcoin don't make me rich in a year what a fallacy! Grow, bitcoin, grow! https://www.youtube.com/watch?v=iABfXNY60QY
legendary
Activity: 1232
Merit: 1000
October 07, 2014, 12:50:54 AM
#82

I just hope the run up happens quickly, before the first half of 2015.
Otherwise, a lot of people will become disillusioned with bitcoins.
legendary
Activity: 896
Merit: 1000
sr. member
Activity: 322
Merit: 250
October 06, 2014, 02:20:11 PM
#78
Has anyone considered the possibility that someone just bought their own coins on Stamp? I mean, yeah you'd have to spend quite some amount of fees, but the effect on the market could be in a way to achieve something bigger.
Was thinking along that line as well. Volume low for ages, and then a huge sell wall gets eaten up so quickly? But it stop right after eating through it?
Might be a "cheap" attempt to get people to start a rally.
Sure would quite a lot in fees, unless it were people from Bitstamp themselves. But may have been considered worth the risk anyway to trigger a rally.
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
October 06, 2014, 12:43:02 PM
#77
or may be paypal dumping BTC price so that they can buy more at lower price
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
October 06, 2014, 12:36:48 PM
#76
It is a Bill Gates, learning of Bitcoin.
full member
Activity: 126
Merit: 100
October 06, 2014, 10:56:45 AM
#75
So he/she deliberately devalues his own coin to buy in cheaper?






The  30k btc wall was deleted , so nobody know  what is the answer at your question Wink.

Someone dumps $7mil in BTC @ $300 & the dumb money comes running into the market thinking they know better! LOL!!!  Cheesy
legendary
Activity: 896
Merit: 1000
October 06, 2014, 09:20:44 AM
#74
The  30k btc wall was deleted , so nobody know  what is the answer at your question Wink.

NOPE! The 30k wall was eaten in full. The whale was slain at $300.

See for yourself: https://www.youtube.com/watch?v=-uX_bB_4VJk



That was awesome! Nice music too.
full member
Activity: 126
Merit: 101
Be Here Now
October 06, 2014, 09:18:26 AM
#73
https://twitter.com/barrysilbert/status/519120987334651905

@barrysilbert: Surprised how few are connecting the recent selling pressure to the Oct 15 tax extension deadline. Taxes due from '09-'13 mining/usage/sales

Interesting. So this is only US-wise in that case? I don't know if this really is a factor. But it could be, of course. It wouldn't apply to the Chinese mining farms, liquidating their profits, though! I wonder if we ever see a definitive answer to these questions!

Right because if Mr or Ms Whale whipped up a nice thread on here to explain their motivation, that wouldn't cause a backlash of hatemongering on this forum.  Grin
hero member
Activity: 756
Merit: 500
October 06, 2014, 09:16:23 AM
#72
https://twitter.com/barrysilbert/status/519120987334651905

@barrysilbert: Surprised how few are connecting the recent selling pressure to the Oct 15 tax extension deadline. Taxes due from '09-'13 mining/usage/sales

I think a lot of bitcoiners are tax dodgers
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