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Topic: Source of 30k+ ask wall on Bitstamp - page 5. (Read 7847 times)

legendary
Activity: 1764
Merit: 1002
October 05, 2014, 12:13:48 PM
#11
It's probably loads of bitcoin holders all shitting themselves about the crash, and trying to sell as fast as possible for whatever they can get.

Yes, they all mentally align in a perfectly orchestrated 30k btc wall. Smoke crack much?

It is someone very close to the exchange owners, that is for sure; noone gives unknowns in slovenia 10mil without being able to hold their balls gently. Motive is also pretty obvious - make a very large investment into BTC. What I am surprised most about is - who the hell is actually selling at $280? Smiley It is possible that these are imaginary bitcoins you are buying there; withdraw all you can, that should scare the crap out of the manipulator.

this.  we should audit Stamp.

and this says it all.  thx inca!:

member
Activity: 254
Merit: 10
Streamies Rocks!!!!
October 05, 2014, 12:12:07 PM
#10
There's not much point manipulating one exchange if you can't simultaneously manipulate all the other big exchanges. People would just buy cheap off your one manipulated exchange and dump at high prices on the other exchanges.
legendary
Activity: 1877
Merit: 1396
The Last Cryptocoin Burner
October 05, 2014, 12:11:19 PM
#9
A panicked whale that knows less than us  Wink
hero member
Activity: 672
Merit: 501
October 05, 2014, 12:05:01 PM
#8
If I was not mistaken I saw that the people who run stamp are Ripple supporters, so them manipulating t0 cause a crash in BTC I would not put out of question.
legendary
Activity: 1176
Merit: 1010
Borsche
October 05, 2014, 12:02:56 PM
#7
It's probably loads of bitcoin holders all shitting themselves about the crash, and trying to sell as fast as possible for whatever they can get.

Yes, they all mentally align in a perfectly orchestrated 30k btc wall. Smoke crack much?

It is someone very close to the exchange owners, that is for sure; noone gives unknowns in slovenia 10mil without being able to hold their balls gently. Motive is also pretty obvious - make a very large investment into BTC. What I am surprised most about is - who the hell is actually selling at $280? Smiley It is possible that these are imaginary bitcoins you are buying there; withdraw all you can, that should scare the crap out of the manipulator.
member
Activity: 254
Merit: 10
Streamies Rocks!!!!
October 05, 2014, 11:44:30 AM
#6
It's probably loads of bitcoin holders all shitting themselves about the crash, and trying to sell as fast as possible for whatever they can get.
legendary
Activity: 1778
Merit: 1043
#Free market
October 05, 2014, 11:44:08 AM
#5
Exchange operator or insider.

Noone trusts anyone with 30k coins in this environment.

I voted  for :

Code:
A panicked whale that knows more than you


I think some early adopters woke up and now try "to manipulate" the price.
legendary
Activity: 1639
Merit: 1006
October 05, 2014, 11:43:57 AM
#4
Exchange operator or insider.

Noone trusts anyone with 30k coins in this environment.

I guess i didn't think that the ask is completely fake... interesting

Do we have another Gox problem with Stamp...... desperate attempt to buy cheap coins?
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
October 05, 2014, 11:43:51 AM
#3
some BTC rich russian?
legendary
Activity: 1321
Merit: 1007
October 05, 2014, 11:40:32 AM
#2
Exchange operator or insider.

Noone trusts anyone with 30k coins in this environment.
legendary
Activity: 1639
Merit: 1006
October 05, 2014, 11:35:53 AM
#1
Has to be manipulation, whoever has 30k to sell knows that the number of people with that much fiat on Bitstamp is probably zero.

If they really wanted to sell they would do it out of an exchange. Unless they are an unconnected foolish 2011 HODLer.

There are too many people with tens of thousands of coins, too much ability to manipulate this market, and not enough day to day volume.....
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