14 866
Just check Wisdom or btccharts.
Honest...would I lie to you
Funny chart there:
http://bitcoinity.org/markets/bitstamp/USD
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25237. (Read 26608075 times)
October 06, 2014, 12:54:24 AM
14 866
Just check Wisdom or btccharts.
Honest...would I lie to you
Funny chart there:
http://bitcoinity.org/markets/bitstamp/USD
October 06, 2014, 12:54:19 AM
Pretty sure he's spreading around the wealth so he can
1) get more money to give support if the price continues to drop
2) buy more bitcoins at this price, in the event he was the one selling us down and has a lot of money already and
3) perhaps entice big players who see this action to come along and buy, thus giving more people with lots of cash the incentive to help him keep the price up. If they enter, expect a nice run-up. If they don't, expect a rise followed by a drop when the whale recognizes this fact, and needs to take profit so he can prepare to defend at a lower price. He makes money all the way, and if the price skyrockets, well I'm sure the dude would rather have 15k bitcoins at $2000 than 30k bitcoins at $200.
Seems bullish to me, and quite generous of him to leave the wall there and give others a chance to buy. I'd buy, but I'm just some ahole on the internet, so listen to me at your own risk. After all, I could be back here in a few weeks saying "whoops!"
1) get more money to give support if the price continues to drop
2) buy more bitcoins at this price, in the event he was the one selling us down and has a lot of money already and
3) perhaps entice big players who see this action to come along and buy, thus giving more people with lots of cash the incentive to help him keep the price up. If they enter, expect a nice run-up. If they don't, expect a rise followed by a drop when the whale recognizes this fact, and needs to take profit so he can prepare to defend at a lower price. He makes money all the way, and if the price skyrockets, well I'm sure the dude would rather have 15k bitcoins at $2000 than 30k bitcoins at $200.
Seems bullish to me, and quite generous of him to leave the wall there and give others a chance to buy. I'd buy, but I'm just some ahole on the internet, so listen to me at your own risk. After all, I could be back here in a few weeks saying "whoops!"
October 06, 2014, 12:52:49 AM
14 866
Just check Wisdom or btccharts.
Honest...would I lie to you
October 06, 2014, 12:51:48 AM
And he decided to sell at 300 when the price was at 1200 and more than 600 for 1 year? That not make a fucking logic. He could sell only the half at 600 and make 9 millons and use that to make a buy wall all sell the other half at 1000 or more.
Yes, "that make fucking logic". He could of been one of those who thought that bitcoin will reach 10k.$, and now he is no longer one of them. Or maybe he was 3 years "away" because of his SR endeavors. The options are endless when most of the coins are held by unknown people, with unknown intentions.
Lol, nice fantasy.
you wear a nice tinfoil hat.
Honestly an SR person going to jail and therefore not able to sell their coins during the massive peak, who was then recently released and decided to sell them to become a millionaire is just as good as a hypothesis as any other. It would also account for a potentially non-economically minded person to create one huge sell wall and not bump the price up as the market ate into it so quickly.
October 06, 2014, 12:51:27 AM
After this wall the price will go to $1000 easily.
Probably not tho.
October 06, 2014, 12:50:37 AM
wallet link to the whale who just cashed out http://bitcoinrichlist.com/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY?charttype=balance
those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
I've been stating this for a long time now. These coins either were freshly mined and out of a big pool that wanted to kill other pools by driving the price down (thus non profitable anymore) OR, the coins were already into the exchanges. In any case days destroyed is nowhere near where it should be... not for such a big price drop. those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
https://blockchain.info/charts/bitcoin-days-destroyed
is there a way to track the coins down to their point of creation/origin? i took a few glances, and this whale seems to have had his coins since mid last year.
You can check this only by relevance (judging from previous drops/risings) in the same chart. In any case big pools could very well have mined about 30K within half a month. If this scenario stands, what follows next is the drop of the hashrate (which is not yet valid - there was a spike up yesterday).
i think it could very well be a miner.. who else would shift their coins around that often? one thing is for certain though: at least 3k of those coins are from mid 2013.
After this wall the price will go to $1000 easily.
now i think you're just a troll.
October 06, 2014, 12:50:07 AM
After this wall the price will go to $1000 easily.
October 06, 2014, 12:48:54 AM
And he decided to sell at 300 when the price was at 1200 and more than 600 for 1 year? That not make a fucking logic. He could sell only the half at 600 and make 9 millons and use that to make a buy wall all sell the other half at 1000 or more.
Yes, "that make fucking logic". He could of been one of those who thought that bitcoin will reach 10k.$, and now he is no longer one of them. Or maybe he was 3 years "away" because of his SR endeavors. The options are endless when most of the coins are held by unknown people, with unknown intentions.
Lol, nice fantasy.
you wear a nice tinfoil hat.
October 06, 2014, 12:48:40 AM
14878 coins left
October 06, 2014, 12:47:55 AM
October 06, 2014, 12:47:42 AM
wallet link to the whale who just cashed out http://bitcoinrichlist.com/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY?charttype=balance
those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
I've been stating this for a long time now. These coins either were freshly mined and out of a big pool that wanted to kill other pools by driving the price down (thus non profitable anymore) OR, the coins were already into the exchanges. In any case days destroyed is nowhere near where it should be... not for such a big price drop. those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
https://blockchain.info/charts/bitcoin-days-destroyed
is there a way to track the coins down to their point of creation/origin? i took a few glances, and this whale seems to have had his coins since mid last year.
You can check this only by relevance (judging from previous drops/risings) in the same chart. In any case big pools could very well have mined about 30K within half a month. If this scenario stands, what follows next is the drop of the hashrate (which is not yet valid - there was a spike up yesterday).
October 06, 2014, 12:47:18 AM
And he decided to sell at 300 when the price was at 1200 and more than 600 for 1 year? That not make a fucking logic. He could sell only the half at 600 and make 9 millons and use that to make a buy wall all sell the other half at 1000 or more.
Yes, "that make fucking logic". He could of been one of those who thought that bitcoin will reach 10k.$, and now he is no longer one of them. Or maybe he was 3 years "away" because of his SR endeavors. The options are endless when most of the coins are held by unknown people, with unknown intentions.
Lol, nice fantasy.
October 06, 2014, 12:46:26 AM
I assume I am going to go to bed, wake up, and Bitcoin will be at 420. Wakey bakey!
October 06, 2014, 12:45:39 AM
14 972
October 06, 2014, 12:44:29 AM
wallet link to the whale who just cashed out http://bitcoinrichlist.com/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY?charttype=balance
those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
I've been stating this for a long time now. These coins either were freshly mined and out of a big pool that wanted to kill other pools by driving the price down (thus non profitable anymore) OR, the coins were already into the exchanges. In any case days destroyed is nowhere near where it should be... not for such a big price drop. those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
https://blockchain.info/charts/bitcoin-days-destroyed
is there a way to track the coins down to their point of creation/origin? i took a few glances, and this whale seems to have had his coins since mid last year.
October 06, 2014, 12:43:05 AM
And he decided to sell at 300 when the price was at 1200 and more than 600 for 1 year? That not make a fucking logic. He could sell only the half at 600 and make 9 millons and use that to make a buy wall all sell the other half at 1000 or more.
Yes, "that make fucking logic". He could of been one of those who thought that bitcoin will reach 10k.$, and now he is no longer one of them. Or maybe he was 3 years "away" because of his SR endeavors. The options are endless when most of the coins are held by unknown people, with unknown intentions.
October 06, 2014, 12:41:51 AM
I hope people keep eating that wall cause it's dump all over us noobs time if we dont.
October 06, 2014, 12:41:11 AM
wallet link to the whale who just cashed out http://bitcoinrichlist.com/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY?charttype=balance
those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
I've been stating this for a long time now. These coins either were freshly mined and out of a big pool that wanted to kill other pools by driving the price down (thus non profitable anymore) OR, the coins were already into the exchanges. In any case days destroyed is nowhere near where it should be... not for such a big price drop. those "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
https://blockchain.info/charts/bitcoin-days-destroyed
October 06, 2014, 12:40:48 AM
Maybe someone fatfingered their bot, adding a few significant zeroes in their ask_amt variable...
Otoh, if this is not a mistake, and whoever is behind this, how long could they keep this up?
-Place huge wall at 300
-buy under 300
- replenish wall with bought coins (hasn't happened so far)
- watch your money bleed away gradually
Otoh, if this is not a mistake, and whoever is behind this, how long could they keep this up?
-Place huge wall at 300
-buy under 300
- replenish wall with bought coins (hasn't happened so far)
- watch your money bleed away gradually
October 06, 2014, 12:37:29 AM
i've got a question.. so the sell wall whale is selling 30k coins via an exchange. how's he going to deposit that $9 million into his bank account without arousing suspicion?
No, he plans to buy back around 400-600, thereby halving his money. He will do this repeatedly in order to get rid of all his money and avoid suspicion.
edit: I have no idea about this. There are too many reasons why this human could be doing this.
It´s no human. It´s a bank, goverment o corporation group.
Link?
Link? Do you think all the people have 20 millons usd to play with bitcoin and lose millons selling low only to manipulate the price? This is a group, bank, goverment or walls street.
Maybe someone know something we don´t know, like mass adoption of bitcoin in one big industry or country and they try to buy low a mass lot of bitcoins before releasing the news.
3 years ago, 30k BTC was easily a sum that could be earned by an mediocre SR drug dealer.
It's all an exciting world of conspiracies for the average bitcoiner. All the drops surely have to be a part of some bigger scheme, that probably involves key power players of global magnitude.
This is all exciting and fun!
It would be boring to just admit that the big majority of bitcoins are held by unknown people with unknown intentions. Because you would have to remember, that only a small fraction has been publicly claimed, with also stating the owners intentions.
It's all an exciting world of conspiracies for the average bitcoiner. All the drops surely have to be a part of some bigger scheme, that probably involves key power players of global magnitude.
This is all exciting and fun!
It would be boring to just admit that the big majority of bitcoins are held by unknown people with unknown intentions. Because you would have to remember, that only a small fraction has been publicly claimed, with also stating the owners intentions.
And he decided to sell at 300 when the price was at 1200 and more than 600 for 1 year? That not make a fucking logic. He could sell only the half at 600 and make 9 millons and use that to make a buy wall all sell the other half at 1000 or more.
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