I speculated the same thing a few days back
I recall it vividly
And that you were quite tired and emotional by that point in the evening
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29345. (Read 26630653 times)
February 24, 2014, 08:12:21 AM
I recall it vividly
And that you were quite tired and emotional by that point in the evening
February 24, 2014, 08:10:20 AM
Someone is eating up 1000s on BB and wants more!
February 24, 2014, 08:08:05 AM
The BitStamp wall has been at the same price for about 7hours now...I watched it go in 10K @600, and then it was moved a couple of times before settling at 579.34 since when it hasn't moved. I tend to think if this was a tactic in part of a larger strategy, then we would have seen the wall move price testing support.
That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.
NB Above theory could be total bollocks
That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.
NB Above theory could be total bollocks
or a smart trader who will sell now and buy much cheaper....
I appreciate the larger assumed strategy but I've been watching these wall games for about a year now and they are usually repositioned to maximise their effect and impact, indeed you usually begin to divine a purpose to the moves. But this gut looks like he parked an order and has gone off to do other things.
yes why not ? I would do the same... it takes patience to make profit, watching the 15 minute chart will never make you any profit, you will be just paying allot of fees and losing your nerves, I found a couple of trades a month to be the most profitable trades ever.
I can smell a crash to 400, you dont have to be bullish short term, you have to adjust your position with market moves, but to be honest I am so bullish long term...
February 24, 2014, 08:06:33 AM
The most interesting notion that Gox may be being purchased by outsiders makes a TON of sense!!
Imagine you're Mark-- totally sick of running your company, dudes are getting in your way while you're carrying your scrumptious coffee-beverage to work (idiots), and no one really understands your pure awesomeness... you have maybe 10,000 BTC (idk!?!?) and someone offers you millions!! to walk away from gox == yummy coffee-beverages without idiots.
What would you do?
Win-Win-Win
It actually adds up nicely.
Imagine you're Mark-- totally sick of running your company, dudes are getting in your way while you're carrying your scrumptious coffee-beverage to work (idiots), and no one really understands your pure awesomeness... you have maybe 10,000 BTC (idk!?!?) and someone offers you millions!! to walk away from gox == yummy coffee-beverages without idiots.
What would you do?
Win-Win-Win
It actually adds up nicely.
The biggest problem is it makes a ton of sense -- since when does Bitcoin operate under such parameters?
I speculated te same thing a few days back
We all know the rocket is going to take off sooner or later.... b b b but d d d do you think they have had their fill of c c c cheap coins yet?? out of Mt g g gox?
ring ring
"Howdy doody Mark how are you on this fine American day? My name is Mr X and Mark the reason I am calling all the way from NY city today is to make you an offer, I think you should put down your frappacuinno extra large, and park your extra large butt on one of them big blue balls... I have an offer that you cannot refuse, it will keep you in blueballs and extra decorative tubs of coffee for ever..................
.......but first show me your books"
Mark pisses himself with glee and hands over the books
"Interesting so back in 20** this dip in price here what caused this? what is that you say? you halted withdrawals and everyone shit themselves? and the price tanked...... hmm interesting..."
"ok the offer stands...here is a giant stack of cash... but you are now mine!! dance fat boy!! dance!-
Ahem sorry I mean here is what we are going to do......I want you to halt all Bitcoin withdrawals now..."
Price tanks
Mr X buys lots and lots of cheap coins...
MtGox reopens withdrawals slowly
Price creeps back up
MK announces he is taking early retirement
MtGox gets bought out by a fund, maybe intending to open an NY office in 2015
Confidence re MTGox soars
Price soars
They got cheap entry into the market, and picked up a "distressed asset" along the way
and played a lovely game of manipulate the market with a healthy dose of fear.
ring ring
"Howdy doody Mark how are you on this fine American day? My name is Mr X and Mark the reason I am calling all the way from NY city today is to make you an offer, I think you should put down your frappacuinno extra large, and park your extra large butt on one of them big blue balls... I have an offer that you cannot refuse, it will keep you in blueballs and extra decorative tubs of coffee for ever..................
.......but first show me your books"
Mark pisses himself with glee and hands over the books
"Interesting so back in 20** this dip in price here what caused this? what is that you say? you halted withdrawals and everyone shit themselves? and the price tanked...... hmm interesting..."
"ok the offer stands...here is a giant stack of cash... but you are now mine!! dance fat boy!! dance!-
Ahem sorry I mean here is what we are going to do......I want you to halt all Bitcoin withdrawals now..."
Price tanks
Mr X buys lots and lots of cheap coins...
MtGox reopens withdrawals slowly
Price creeps back up
MK announces he is taking early retirement
MtGox gets bought out by a fund, maybe intending to open an NY office in 2015
Confidence re MTGox soars
Price soars
They got cheap entry into the market, and picked up a "distressed asset" along the way
and played a lovely game of manipulate the market with a healthy dose of fear.
February 24, 2014, 08:06:08 AM
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
Inside-Trading destroys every market. Bitcoin needs regulation. A lot of it!
Otherwise we will continue with a handful exchanges manipulation the price like hell.
Every exchange needs an external audit who observers all trades.
February 24, 2014, 08:04:01 AM
The BitStamp wall has been at the same price for about 7hours now...I watched it go in 10K @600, and then it was moved a couple of times before settling at 579.34 since when it hasn't moved. I tend to think if this was a tactic in part of a larger strategy, then we would have seen the wall move price testing support.
That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.
NB Above theory could be total bollocks
That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.
NB Above theory could be total bollocks
or a smart trader who will sell now and buy much cheaper....
I appreciate the larger assumed strategy but I've been watching these wall games for about a year now and they are usually repositioned to maximise their effect and impact, indeed you usually begin to divine a purpose to the moves. But this guy looks like he parked an order and has gone off to do other things.
February 24, 2014, 08:02:26 AM
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
February 24, 2014, 08:01:02 AM
Shit hits the fan at bitcoinbuilder.
Those who were greedy to send USD to Gox to arb with bitcoinbuilder, have to scratch their heads now.
No wonder some JPY withdrawals and some SEPA are being processed, new money is paying for those debts. Gox Ponzi in full mode.
Those who were greedy to send USD to Gox to arb with bitcoinbuilder, have to scratch their heads now.
No wonder some JPY withdrawals and some SEPA are being processed, new money is paying for those debts. Gox Ponzi in full mode.
greedy people always will pay for their greed.
February 24, 2014, 08:00:36 AM
That shit got bought up with 500 on real btc to spare sitting on the bid side.
More like 1000, it's split between .19 and .18
February 24, 2014, 07:59:28 AM
That shit got bought up with 500 on real btc to spare sitting on the bid side.
February 24, 2014, 07:57:50 AM
Someone just got their BTC into Bitcoinbuilder and bought some of that action!!
February 24, 2014, 07:56:26 AM
I bet those real btc will come to stamp, red fireworks party soon guys 
Not for a while, the site owner processes withdrawals only once a day at 11 PM PST (if you withdraw before 8 PM)
February 24, 2014, 07:55:52 AM
I bet those real btc will come to stamp, red fireworks party soon guys
He does manual withdrawals so there's no telling when
February 24, 2014, 07:53:36 AM
I bet those real btc will come to stamp, red fireworks party soon guys
February 24, 2014, 07:51:19 AM
Starting to feel that "we're being played" feeling.
Still want to buy everything I can but Stamp withdrawal is taking effing ages.
Dont forget email confirmation, done that a few times
Nah, "waiting to be processed" for the past 45 mins or so.
February 24, 2014, 07:50:32 AM
Starting to feel that "we're being played" feeling.
Still want to buy everything I can but Stamp withdrawal is taking effing ages.
Dont forget email confirmation, done that a few times
February 24, 2014, 07:50:24 AM
Changed to 500 wall on BTCbuilder
He'll be selling in chunks to not scare buyers.
February 24, 2014, 07:49:59 AM
Changed to 500 wall on BTCbuilder
Look at the trade history alot of it got eaten. 576 in one trade.
February 24, 2014, 07:49:57 AM
Changed to 500 wall on BTCbuilder
Starting to feel that "we're being played" feeling.
Still want to buy everything I can but Stamp withdrawal is taking effing ages.
February 24, 2014, 07:49:26 AM
Shit hits the fan at bitcoinbuilder.
Those who were greedy to send USD to Gox to arb with bitcoinbuilder, have to scratch their heads now.
No wonder some JPY withdrawals and some SEPA are being processed, new money is paying for those debts. Gox Ponzi in full mode.
Those who were greedy to send USD to Gox to arb with bitcoinbuilder, have to scratch their heads now.
No wonder some JPY withdrawals and some SEPA are being processed, new money is paying for those debts. Gox Ponzi in full mode.
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