Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 495. (Read 1811606 times)

legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.

That's why I'm very confused about the whole thing. I know about market psychology and all, but buying 11 000 bitcoins because a random troll says he is going to buy a ton of bitcoins, is just beyond my understanding. It's a strange day.
hero member
Activity: 518
Merit: 500
Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.

People cared only because there was nothin' else interesting happening since the fork incident.
sr. member
Activity: 252
Merit: 250
Whatever it is, it's amazing. Eating ice cream just got better.
legendary
Activity: 1820
Merit: 1000
Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
newbie
Activity: 39
Merit: 0
Obvious troll is obvious.

This reminds me of when "Maria" tried to scam people by saying almost exactly the same thing. Except the price didn't move at all, because everyone knows what a lying scammer "she" is.
sr. member
Activity: 252
Merit: 250
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Guess we know what to do next time we want to unload some coins  Roll Eyes .
sr. member
Activity: 378
Merit: 250
He said he would buy 1M$.  There have been 8K BTC bought, that's barely shy of 400K$... Smiley
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
Still not sure if the troll bought himself, or the sheep. It's a confusing situation. Smiley
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
legendary
Activity: 1036
Merit: 1000
Time's up. We've been trolled? Though he said he's using Coinlab. How long would it take for the numbers to show up?
full member
Activity: 210
Merit: 100
I think announcing it will spook people from buying because they'd then expect a dump.

This...

...won't end well.  Cheesy
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
no jump atm
donator
Activity: 1722
Merit: 1036
All the action so far has been in the f-en Mt.Gox. Bitstamp is doing just fine at $47.6 when I last checked.
legendary
Activity: 1820
Merit: 1000
NEW RANDOM THEORY: The reddit poster is just a normal guy, but had a brilliant scheme to get all the bidders sitting around waiting at $40 or $30 to actually quit dickin' around and just buy.

+1 My guess is that post is BS, but we'll see. Dumb rather than brilliant though since it could backfire if there is no follow through here.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
The only scenario that makes sense to me is that the guy who announced that he is buying, IS actually buying. People buying on a random troll's rumor is a stupid idea even taking into account the "herd". It's possible of course but I think he is actually doing most of the buying. Maybe wants to just hype this up and make people fired up for the push over $50. That will happen for sure if we break the ATH.
hero member
Activity: 518
Merit: 500
Our Euro friends got their funds transferred, massively buying after Cyprus fiasco?

Wouldn't be outside the realm of possibility!

I'm preparing my body for a new ATH.
sr. member
Activity: 378
Merit: 250
Our Euro friends got their funds transferred, massively buying after Cyprus fiasco?
hero member
Activity: 518
Merit: 500
Expect a sharp selloff, though.

I'm about 75/25 on a sell off not happening.  I think the buys were multiple parties that were waiting to buy in and were only spurred into action and will be more then content to just hold.
Jump to: