you guys seeing this!!! some one just bout thousands of btc.

10c

full member

Activity: 658

Merit: 100

BuyAnyLight - Blockchain LED Marketplace

I thought it was fishy as well.
The option I gave is actually the one I'm hoping for but on the other hand it could just be a pump.
I actually don't think mister loads of coin is going to be dumping before we have descent support in the 120 range.
It would be stressing the market to much and could lead us to an even more bearish market.
He cashed out a nice chunk already and if he doesn't need to pay up, it could sustain him for a while to let the market recover.
I actually suspect major dumps when all the bulls are yelling 'to tha moon and beyond!'

That's also the reason for me not selling a part of my own coins. I would like to cash out a few and hold them in fiat on an exchange to buy back when we hit 60-70 after these dumps
.
For the record I'm no big fish and wouldn't even qualify as 'super node' but I am a 'node' Wink

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: 10c on June 12, 2013, 08:46:42 AM

Maybe vc's are interested in keeping the price stable at that point for a while to set a new low.

That definitely crossed my mind and I know I mentioned it as a possibility somewhere. That trade I mentioned above, that many talked about on the wall thread in this forum, is just too fishy.
We'll see what happens next weekend...

I'm at a crossroads, bear trap or bull trap... or a bit of both? Cheesy

10c

full member

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BuyAnyLight - Blockchain LED Marketplace

Maybe vc's are interested in keeping the price stable at that point for a while to set a new low.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Regarding the person(s) who moved the price all the way back up to $110 or so, what are the chances that there are people who have a vested interest in the price not dropping to low?

What happens to Bitcoins adoption at a price of over $100? I'd say it slows things down. Would someone purchase BTC to keep the price from dropping for that reason?

Not saying this is the answer at all, but why would a person buy 15k BTC's at market, with so much slippage, instead of letting the price fall further and just picking it up slowly or put
in a market order?

It is worrying because two weekends in a row we had these "weird" sell offs. I say weird because there are better times to sell. Much has been mentioned of this being manipulative.
The larger buy in a sense, also was...

mewsie

newbie

Activity: 12

Merit: 0

Quote from: Crypt_Current on June 12, 2013, 02:53:24 AM

Memphis BBQ is ok

OK? Just ok? You take that back! Tongue

Crypt_Current

hero member

Activity: 686

Merit: 500

Shame on everything; regret nothing.

Quote from: mewsie on June 12, 2013, 02:38:09 AM

Quote from: DeathAndTaxes on June 10, 2013, 11:31:19 AM

Quote from: LouReed on June 09, 2013, 11:30:54 PM

Welcome to the United State Goverment people! Who else would have the power to manipulate the price like this, and the motive to do so?? All those tax free transactions are eating at then, and they can't take it anymore!!

Or not. Anyone with $10M can easily manipulate the Bitcoin market. That won't change until the markets are much deeper and much bigger. It hardly takes the resources of a nation state and certainly not the United States. Somalia central bank would have the resources to push the Bitcoin market around.

This has to be my favorite quote on bitcointalk so far... I might have to give Dr. Abdisalam Omer a call and see if we can work out a price manipulation deal

Memphis BBQ is ok

mewsie

newbie

Activity: 12

Merit: 0

Quote from: DeathAndTaxes on June 10, 2013, 11:31:19 AM

Quote from: LouReed on June 09, 2013, 11:30:54 PM

Welcome to the United State Goverment people! Who else would have the power to manipulate the price like this, and the motive to do so?? All those tax free transactions are eating at then, and they can't take it anymore!!

Or not. Anyone with $10M can easily manipulate the Bitcoin market. That won't change until the markets are much deeper and much bigger. It hardly takes the resources of a nation state and certainly not the United States. Somalia central bank would have the resources to push the Bitcoin market around.

This has to be my favorite quote on bitcointalk so far... I might have to give Dr. Abdisalam Omer a call and see if we can work out a price manipulation deal

BitcoinAshley

sr. member

Activity: 448

Merit: 250

I just realized something. When someone SELLS thousands of BTC, random noobs show up and create doomsday threads predicting the demise of Bitcoin and $30 prices.

But someone BOUGHT thousands of BTC and we have a thread "OMG someone bought thousands of bitcoins."

Really on the sell side we should have threads like "OMG some manipulator just sold thousands of BTC" rather than "OMG every one's selling, panic dump, btc to $20, game ovah!"

Oh well. Tongue

One-sided irrationality is hilarious, I guess. Does this mean the bears are mostly composed of overdramatic noobs? Probably.

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

ha well there is a novel idea! maybe just maybe it is a good investment! ha just cuz we have all herd of bitcoins and watched it over the last year two years or so doesn't mean that its not new to some... well a lot. some big fish might be just smelling this and they want in. it will be the global currency of the future... it is already. if i had a hundred thousand dollars 80% would go into bitcoins you bet your ass. I think that it really does have incredible potential.

quote me on this but if its anything like the past then i think the next big slide like the one we saw will be around 880. how long till we get up that high is another story, lets see what happens.

Crypt_Current

hero member

Activity: 686

Merit: 500

Shame on everything; regret nothing.

Quote from: vokain on June 11, 2013, 04:43:13 PM

Quote from: Crypt_Current on June 11, 2013, 04:11:12 PM

Quote from: XXthetimeisnowXX on June 11, 2013, 04:03:26 PM

Quote from: lucas.sev on June 10, 2013, 06:16:07 PM

Quote from: vokain on June 10, 2013, 06:08:39 PM

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

yup. So there is somebody sitting on 4k coins bought at price 5USD higher than todays weighted average.

maybe knows some insider info? knows that its going to 150 and its going to go fast.... humm dont know what else it might be.

RLY, SRSLY ??

If I had tons of money to invest, I'd have probably done the same thing, because it might be simply a good investment.

Occam's razor, people.

pirate@40 is the simplest explanation

pirate is buying?

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Crypt_Current on June 11, 2013, 04:11:12 PM

Quote from: XXthetimeisnowXX on June 11, 2013, 04:03:26 PM

Quote from: lucas.sev on June 10, 2013, 06:16:07 PM

Quote from: vokain on June 10, 2013, 06:08:39 PM

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

yup. So there is somebody sitting on 4k coins bought at price 5USD higher than todays weighted average.

maybe knows some insider info? knows that its going to 150 and its going to go fast.... humm dont know what else it might be.

RLY, SRSLY ??

If I had tons of money to invest, I'd have probably done the same thing, because it might be simply a good investment.

Occam's razor, people.

pirate@40 is the simplest explanation

Crypt_Current

hero member

Activity: 686

Merit: 500

Shame on everything; regret nothing.

Quote from: XXthetimeisnowXX on June 11, 2013, 04:03:26 PM

Quote from: lucas.sev on June 10, 2013, 06:16:07 PM

Quote from: vokain on June 10, 2013, 06:08:39 PM

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

yup. So there is somebody sitting on 4k coins bought at price 5USD higher than todays weighted average.

maybe knows some insider info? knows that its going to 150 and its going to go fast.... humm dont know what else it might be.

RLY, SRSLY ??

If I had tons of money to invest, I'd have probably done the same thing, because it might be simply a good investment.

Occam's razor, people.

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: XXthetimeisnowXX on June 11, 2013, 04:03:26 PM

Quote from: lucas.sev on June 10, 2013, 06:16:07 PM

Quote from: vokain on June 10, 2013, 06:08:39 PM

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

yup. So there is somebody sitting on 4k coins bought at price 5USD higher than todays weighted average.

maybe knows some insider info? knows that its going to 150 and its going to go fast.... humm dont know what else it might be.

It's just CanadianGuy who wanted the push the price to 120 to win his bets. Too bad he failed. Tongue

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: lucas.sev on June 10, 2013, 06:16:07 PM

Quote from: vokain on June 10, 2013, 06:08:39 PM

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

yup. So there is somebody sitting on 4k coins bought at price 5USD higher than todays weighted average.

maybe knows some insider info? knows that its going to 150 and its going to go fast.... humm dont know what else it might be.

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: vokain on June 10, 2013, 06:08:39 PM

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

yup. So there is somebody sitting on 4k coins bought at price 5USD higher than todays weighted average.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: lucas.sev on June 10, 2013, 06:03:29 PM

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

Bid wall right?

lucas.sev

sr. member

Activity: 252

Merit: 250

You know guys that after that push to 110 there was a 4k wall at 110 that got eaten?

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: phelix on June 10, 2013, 01:22:55 PM

Quote from: XXthetimeisnowXX on June 09, 2013, 10:52:25 PM

to 110 in seconds from 92. wtf is going on!!!

A whale accidentally clicked buy instead of placing a limit sell order as intended.

ha ya a drunk whale that just happens to have 10-15k in bitcoins... ha and he still wins prob bout up to 104 and everyone panic buy and then slowly cashed out at 110? haha

phelix

legendary

Activity: 1708

Merit: 1020

Quote from: XXthetimeisnowXX on June 09, 2013, 10:52:25 PM

to 110 in seconds from 92. wtf is going on!!!

A whale accidentally clicked buy instead of placing a limit sell order as intended.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: chriswilmer on June 09, 2013, 10:54:40 PM

Is this how dark-pooling works? Maybe?

eheheh, interesting idea. Perhaps Trade Hill is also trying to maintain a price secretly. There is a que of a few million dollars and they are buying in a range... nahhh, but it sure is interesting
what happened today. Just makes you wonder why they didn't buy yesterday. Perhaps they just wanted to see that bottom formation in play and hold. Note - we are sitting exactly on the 100ema support line - The bottom of yesterdays candle is basically there to. It gives us some hope.

Topic: you guys seeing this!!! some one just bout thousands of btc. (Read 4033 times)