Bitcoin Forum

http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=30&i=Hourly&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

Someone keeps pushing it down $3 but it never does much.  Just keep selling, we'll see you at $30 :)

Could this have been whoever it is running a 1 Thash miner cashing out all the bitcoins they made today?

no. I'm pretty sure in the span of just a half hour earlier there was over half a million usd changing hands.

They didn't make enough today to affect the market.

1THash isn't going to produce anywhere near what was dumped

The bears actually did quite good this time, but unfortunately, they were not able to nail it.

Right back to record 2013 highs... nothing happened here, folks

Just goes to show how little it takes to plummet the exchanges. This is pocket change to some investors out there.

this kind of buying pressure is terrifying, frankly.

http://www.uihealthcare.com/topics/medicaldepartments/neurosurgery/braininjury/images/pressure.gif

we're going to bubble top, just watch...

new hypothesis of bitcoin bubbles: pattern with waves of new investors.

But as soon as there are two big investors playing different directions on an exchange, you get an instant reversal. Everybody talking about big money somehow assume they will all coordinate; fact is, the more of them will be trying to corner the market, the more stable it will become.