Bitcoin Forum

Someone bought a huge amount of bitcoin when it drop, coincidence or not?
Source: https://www.investopedia.com/news/bitcoin-price-retreats-10k-mysterious-buyer-emerges/

If I have learned something in life it is that there is not coincidence in anything. I wish the panic sellers held their btc in that period and prevent this speculators to play with the market as they wish.

The movement of coins from one address to another does not confirm that any coins were bought or sold. This is more than likely simply a large exchange moving to a Segwit address.

Yeah I mean this is not some small chunk of money. I don't know if people trust exchanges with that high amount of money even, I know that I wouldn't trust them and it will take him slowly buying for few days. Who knows.

Yeah and a bag of rice fell over in China at the same time. Coincidence?

Why should there be a coincidence? If you have money, you buy when the price is down. This guy had purchased quite a considerable amount back before bitcoin became mainstream, so he apparently always had confidence in the coin. So during the recent drip, he purchased even more. Perfectly logical from my point of view.

Someone have fucked up in hiding their purchases in the public lol.

The unknown buyer of those coins really know what's up and have made a daring move to buy in when prices are considered cheap by most people--though he/she/they fucked up since they made it so obvious and was publicized. I wouldn't count that as coincidence but rather just a planned move since buying low and selling high afterwards gives obvious profit to anyone who successfully executed it.


It could be; it could be not. It's either a stunt made to deceive people that something's up when in reality it's just some coins moved by a single whale. an exchange transferring coins to a new address or some serious buyer completing his purchase and hasn't been discreet about it.


Or it could be that he/she/they bought those coins outside the constraints of an exchange. As we all know, peer-to-peer exchange still happens and up to this point, we can't rule it out as a means of buying your own coins.

not, because in trade and investment there is no term "coincidence"
those who buy when prices fall, are those who can predict future market circumstances
they obviously have a vision of it, because there's no way anyone will buy goods or anything, whether it's an investment or something
if they can not see or predict future profits .. and only true investors can do this

Personally, I think this is not a coincidence that why I think so, because every time when the bitcoin price have a big drop, then after half a month will appear financial institutions large purchases of bitcoin, the reason why the bitcoin have drop it's just that financial institutions make FUD.

I think it's not a coincidence. I just wanna say WOW if it is true that someone has bought a fantastic amount of bitcoin when the market is down, it means that person is really brave to speculation and confident about the bitcoin price that will increase in the future.
Behind the panic markets, there are people who take advantage. :D

It is just a good trader getting the market right. It is not coincidence.

For others, a bear trend means loss and fear. But to some,it is opportunity. That is what this guy saw when all the newbies are panicking and dumping their  coins. I bet, this one is one of the whales spreading fud. I say, well played.

I don’t think it is coincidence. With all the fuds going on, it seems that someone or some groups purposely bring bitcoin price down to enter into the market, pump the price and sell BTC at a profit.

Strange time to move some many Bitcoin to a segwit address. In light of current regulatory events around crypto as well as the timing around a bottom I think it's more plausible to be a transfer of risk than wallet maintenance.

I do not think it's a coincidence, but he can see the benefits of bitcoin going forward, while others are too panicked and fear the bitcoin disappears. Crypto coins are full of speculation, success in crypto is determined how much courage to take risks.

Someone recently said that traders are pegging their Bitcoin futures price to $10,000 or close to it. I think some big Wall Street

whales are manipulating the Bitcoin price to maximize their profits with the Bitcoin Futures. I predict a very stable price around

$10,000 for quite some time, until these guys take their profits. I might be wrong, but I have that itchy feeling about this one.  ???

buy bitcoin when the price is cheap it's no coincidence you can predict the price and make a buy order to buy bitcoin when the price drops drastically and you are not monitoring the market. if you can buy bitcoin at a cheap price it shows an analysis of the price you are predicting is correct and accurate.

Nobody "coincidentally" spends one billion on something they don't think is going to do well. They wouldn't put it in on a falling knife therefore they have extreme confidence in this play and if that isn't the most bullish indicator I don't know what it is. They could be wrong of course but I would like to think the people will all the money are a little bit smarter than me at this point in life (not always true but benefit of doubt here).

I don’t think it's coincidence.  It’s not the first time they spotted that BTC is a great buy. They are just purchasing more – whilst the price is good. If they have that much money to buy – then why not – I suspect that they know what they are doing. Or I should say that I hope they know what they are doing!

I don't understand what you refer to as a coincidence... That someone bought that amount at the price dip or that the price jumped a little? Thise first case should be obvious and to be expected. Tho with the second one, it was large sum of money and it most probably did influence the price due to "supply and demand".

Still add to this rumor that Roman Abramovich bought telegram tokens at 300kk $
I do not think that such rich and influential people do not have good analysts.

Looks like it, as there is no chance that it is a personal buy.
I believe some strong players in the stock markets are putting some hands in the crypto market as they don't want to stay away from the festival, once more and more players will join, it's going to cause the bitcoin to be less voltality and it will act more like a currency, rather then a speculation object.
There is a big chance that organizations made the price fall so they would be able to buy it for much lower.

Well, we will never know whether it is coincidence or not. It might be some whales playing with the market or some rich investors see the opportunity and invest in time.

I think it is not a coincidence that they have calculated before, based on analysis, bitcoin market research, they are sure that the bitcoin price will increase after that, they will reap if buy at sale off

the things that you want to do in your life is not a coincidence,if you want to do by it yourself you want to.and if you are a bitcoin lover just do it without doubt.

There are a lot of things happening in the world that are coincidental!

The rise and fall of BTC is not very close to a person's business relationship, unless he buys a lot of it!

It's normal for someone to sell when the BTC is up and someone buys when it's falling.

Not a coincidence! Weak hands selling, strong and experienced hands buying cheap. Why do people complain about wealth distribution in crypto? It IS fair, who force those week hands to sell at the bottom at first place? Especially I like when crypto is moving from hands of early adopters, who was just lucky and risky enough to the hands of people who are smart and have power and resources.