On BFX, it's almost as if someone pumped ~$5,000,000 to $10,000,000, just to gain a quick 5% and then dumped again.
A successful P&D like that is likely to be repeated, but the question is will it be for a higher buy in price, lower, or the same?
I think it's likely that it was for considerably more money and performed on multiple exchanges simultaneously. or it could just be the sum of many players acting independently. It's fun to think about.
A successful P&D like that is likely to be repeated, but the question is will it be for a higher buy in price, lower, or the same?
I think it's likely that it was for considerably more money and performed on multiple exchanges simultaneously. or it could just be the sum of many players acting independently. It's fun to think about.
Well, since you were threatening to do this with your 6 figures of bitcorns, I'd say you are a likely suspect.
No no no. I have a tradeable balance of over $100,000. But even that is with max leverage. I'm only playing with ~1 years salary. The bulk of my holdings are in cold storage. I WISH it was me. That would have been quite a windfall.
