|
Title: Announced $1,000,000 purchase and market influence Post by: eklass on March 18, 2013, 07:51:53 PM This guy is claiming to buy $1 million USD of bitcoins very shortly. Traders on MtGox appear bullish on the announcement and price is rising accordingly. Should be interesting depending on truth of statement and outcome.
http://www.reddit.com/r/Bitcoin/comments/1ajid7/when_this_post_is_30_minutes_old_i_will_be/ Title: Re: Announced $1,000,000 purchase and market influence Post by: SgtSpike on March 18, 2013, 07:55:49 PM He says he has a long-term strategy in place... Build trust by saying something and doing it, then screw everyone over by saying something and not?
Title: Re: Announced $1,000,000 purchase and market influence Post by: warpio on March 18, 2013, 08:01:30 PM seems kind of suspicious... curious to see where it goes, but not expecting a whole lot to come of it.
Title: Re: Announced $1,000,000 purchase and market influence Post by: lucif on March 18, 2013, 08:02:23 PM http://www.reddit.com/r/Bitcoin/comments/1ajjtg/when_this_post_is_30_minutes_old_i_will_sell/
Title: Re: Announced $1,000,000 purchase and market influence Post by: eklass on March 18, 2013, 08:06:27 PM Post is now 39 minutes old and net result appears to be that a bunch of buyers jumped in, pushing past the recent $48 wall
Title: Re: Announced $1,000,000 purchase and market influence Post by: vortex1878 on March 18, 2013, 08:43:42 PM I doubt that that post is the reason for the recent slight rise in btc/usd value...
Title: Re: Announced $1,000,000 purchase and market influence Post by: DeathAndTaxes on March 18, 2013, 08:56:37 PM Nobody announces they WILL be buying $1M (future tense). Case in point we have multiple clients who have bought over $1M to date. No advance notice, off-exchange, no slippage, secured over the course of weeks. Patient and silent, locking in a solid entry point and the market is no more the wiser.
Title: Re: Announced $1,000,000 purchase and market influence Post by: Peter Lambert on March 18, 2013, 09:16:31 PM Nobody announces they WILL be buying $1M (future tense). Case in point we have multiple clients who have bought over $1M to date. No advance notice, off-exchange, no slippage, secured over the course of weeks. Patient and silent, locking in a solid entry point and the market is no more the wiser. Sure there are plenty of people announcing they WILL be buying $1M, just not any who actually plan on buying anything. Title: Re: Announced $1,000,000 purchase and market influence Post by: eklass on March 18, 2013, 09:49:56 PM Sure there are plenty of people announcing they WILL be buying $1M, just not any who actually plan on buying anything. It's conceivable that someone could make the announcement, drive the price higher through pure speculation, then dump their BTC for a higher profit. Title: Re: Announced $1,000,000 purchase and market influence Post by: Newscastix on March 18, 2013, 10:27:50 PM We'll see if this frenzy can kill the wall at 50 ;D
Title: Re: Announced $1,000,000 purchase and market influence Post by: SimonDS on March 18, 2013, 10:30:57 PM We're almost at 50 now :o
Title: Re: Announced $1,000,000 purchase and market influence Post by: Bordeaux on March 18, 2013, 10:33:01 PM Are there ~22000 bitcoins offered on the given market? Wouldn't his funds have to clear escrow first? Most likely a pump and dump scheme.
|