The bearwhale must feel pretty stupid now

MrBig

sr. member

Activity: 369

Merit: 250

Quote from: fewcoins on October 14, 2014, 08:53:15 AM

You guys haven't thought about if he actually put in approx. $25million dollars during the peak of the bubble... Maybe NOW it's only $9mil but that doesn't mean that's what he started with. Why are you guys always thinking about people making gains and huge profit???

I'd imagine that summertime who has $25 million to invest into btc is hurting for money so much that they would sell for a big loss. Whoever sold those coins stood to gain and may very well hold a lot more btc.

fewcoins

full member

Activity: 126

Merit: 100

You guys haven't thought about if he actually put in approx. $25million dollars during the peak of the bubble... Maybe NOW it's only $9mil but that doesn't mean that's what he started with. Why are you guys always thinking about people making gains and huge profit???

Beliathon

hero member

Activity: 784

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https://youtu.be/PZm8TTLR2NU

Quote from: rocks on October 13, 2014, 06:21:43 PM

But the guy/girl is sitting on $9M now, I don't think he is too worried.

$9 million in some soon-to-be-worthless fiat. I'd be very worried if I stood to lose that much wealth within the next 3-5 years!

Elwar

legendary

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Viva Ut Vivas

boy is my face red

Wilhelm

legendary

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BearWhale probably cashed out to live his/her/its life of luxury

Maybe falllling was BearWhale and cut his loose before the final capitulation Cheesy

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: spazzdla on October 13, 2014, 09:05:32 PM

Quote from: Ektra on October 13, 2014, 09:00:32 PM

Who knows, maybe what happened is exactly what they wanted to happen for whatever reason.

This, who knows the plan.

The huge volume (most of it bought up in a very short space of time by Mr so called 'bear whale' himself no doubt), results in a convincing bottom from a technical analysis standpoint. I see it as a form of chart engineering. Whether it is enough to turn market sentiment around permanently remains to be seen. My guess would be that further lows are yet to come some time down the road.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: rocks on October 13, 2014, 06:21:43 PM

Panicked trades are always bad trades.

But the guy/girl is sitting on $9M now, I don't think he is too worried.

could be sitting on 12M with practically no effort. that is, he just gave 3 mil to traders community; that's the spirit of sharing!

eldentyrell

donator

Activity: 980

Merit: 1004

felonious vagrancy, personified

Quote from: mnl92 on October 13, 2014, 10:05:43 PM

If you had $9 million USD would it be crucially important to get another $9 million USD?

Maybe.

If I had $9 million I could afford to make a 22nm chip.

... and if I had $18 million I could afford to make one mistake

zoinky

hero member

Activity: 811

Merit: 1000

Web Developer

Quote from: mnl92 on October 13, 2014, 10:05:43 PM

$9 million USD should be more than enough for most people to never have to worry about money again. If you had $9 million USD would it be crucially important to get another $9 million USD?

Eventually it isn't about the money.

mnl92

newbie

Activity: 54

Merit: 0

$9 million USD should be more than enough for most people to never have to worry about money again. If you had $9 million USD would it be crucially important to get another $9 million USD?

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

You mean sitting on a beach with $9 million USD in his back pocket? I think he's doing just fine.

Could his gains have been higher? Yes. Sometimes its better to take a huge win than to let greed kick in and bet on a brighter future.

culexevilman

legendary

Activity: 1064

Merit: 1000

Bitcoin is too valuable to be used as a currency

I guess its not relevant when you can live comfortably for the reminder of your life, IF you don't fuck up.

kwukduck

legendary

Activity: 1937

Merit: 1001

It's the whale game, scare the market and start buying back when panic kicks in, easy 10-15% profits on your btc.

coinableS

legendary

Activity: 1442

Merit: 1186

Quote from: Ektra on October 13, 2014, 09:00:32 PM

Who knows, maybe what happened is exactly what they wanted to happen for whatever reason.

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: Ektra on October 13, 2014, 09:00:32 PM

Who knows, maybe what happened is exactly what they wanted to happen for whatever reason.

This, who knows the plan.

Ektra

full member

Activity: 137

Merit: 106

Who knows, maybe what happened is exactly what they wanted to happen for whatever reason.

MrBig

sr. member

Activity: 369

Merit: 250

For all we know the whale could be an early adopter or thief who doesn't care to maximize their gains.

rocks

legendary

Activity: 1153

Merit: 1000

Panicked trades are always bad trades.

But the guy/girl is sitting on $9M now, I don't think he is too worried.

vuduchyld

sr. member

Activity: 364

Merit: 250

I am happy to have purchased from him/her.

Thank you, bearwhale!

Robert Paulson

sr. member

Activity: 448

Merit: 250

with all the people who bought his coins at 300$ making an almost instant 33% gain on his back.

Topic: The bearwhale must feel pretty stupid now (Read 1915 times)