Bitcoin Forum

Economy => Economics => Topic started by: Rluner on November 06, 2013, 05:16:01 PM



Title: MtGox 6500 bitcoins for sale for GBP
Post by: Rluner on November 06, 2013, 05:16:01 PM
I've just noticed 6500 BTC for sale at just over 170 GBP (266 USD) at Mt Gox.

At current rate that's over a million GBP or 1.7 million USD.

It's the biggest transaction I've seen so thought I would mention it.


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: jipper3691 on November 06, 2013, 05:29:26 PM
let me know if they sell


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: BTCtrader71 on November 07, 2013, 12:43:20 AM
Earlier today it was somewhere midway between 10,000 and 15,000.

Once that wall gets taken down (assuming that happens in this bullish frenzy we're in), I am wondering if the price will slingshot up. There are relatively few sell orders above it right now.


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: AlexNeto on November 07, 2013, 12:52:08 AM
Probably this is a fake wall (same on USD) to hold the rate, placed by MtGox insiders. There not enough fiat to break those walls. Once new funds will be cleared, wall will disappear.


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: Magazine on November 07, 2013, 12:52:58 AM
God help them get their funds out.


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: mvidetto on November 08, 2013, 12:56:05 AM
All we need is $4m in buys and all of the bitcoins for sale on gox are gone...


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: MaxBTC1 on November 08, 2013, 12:56:57 AM
who else /jellyasfuck/ here?  Imagine what you could do with that cash...


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: Magazine on November 08, 2013, 01:49:40 AM
who else /jellyasfuck/ here?  Imagine what you could do with that cash...

Play the 1 million one drop next world series of poker next year?!?!?!


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: BittBurger on November 08, 2013, 03:34:15 AM
Doesnt it concern us that these are probably fake sells to manipulate price?

How do we know someone hasn't been doing this repeatedly to get the price up to where it is now and it will all come tumbling down when they finish?


Title: Re: MtGox 6500 bitcoins for sale for GBP
Post by: joesmoe2012 on November 08, 2013, 04:58:04 AM
Doesnt it concern us that these are probably fake sells to manipulate price?

How do we know someone hasn't been doing this repeatedly to get the price up to where it is now and it will all come tumbling down when they finish?

Manipulation is quite likely.