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Title: HUGE market sell order happening right now.. Post by: BitTrade on November 20, 2013, 04:31:01 AM Anyone watching this? Just dropped frm 580 to 500 (gox) in a few minutes
edit: sorry, wrong subforum Title: Re: HUGE market sell order happening right now.. Post by: alexius89 on November 20, 2013, 04:45:18 AM 30000 BTC sold within minutes...
Title: Re: HUGE market sell order happening right now.. Post by: DeathAndTaxes on November 20, 2013, 04:47:56 AM wow it temporarily pushed gox below other exchanges
Title: Re: HUGE market sell order happening right now.. Post by: Rodyland on November 20, 2013, 04:50:05 AM Always fascinating to watch in (near-)real-time.
Title: Re: HUGE market sell order happening right now.. Post by: keatonatron on November 20, 2013, 04:51:24 AM It's happening again. Clark Moody's site is still streaming all the trades, it looks to be 10-15 minutes behind (Gox lag, maybe)
Title: Re: HUGE market sell order happening right now.. Post by: Inedible on November 20, 2013, 04:54:09 AM it's awesome to watch.
Lag at over 10 mins right now. Title: Re: HUGE market sell order happening right now.. Post by: Inedible on November 20, 2013, 04:57:45 AM Satoshi awakens!
Title: Re: HUGE market sell order happening right now.. Post by: JTrain_51 on November 20, 2013, 05:03:04 AM Just went to 550 then back down to 503 come on guys buy bitcoin
Title: Re: HUGE market sell order happening right now.. Post by: Inedible on November 20, 2013, 05:07:04 AM It's all looking a bit weird now...
Title: Re: HUGE market sell order happening right now.. Post by: jzcjca00 on November 20, 2013, 05:12:26 AM Theory: Someone with lotsa bitcoins wants to see sustained strong growth rather than short-term wild swings and has decided to push the price back down to $500. Their purpose could be to increase the probability of eventual adoption.
Title: Re: HUGE market sell order happening right now.. Post by: Inedible on November 20, 2013, 05:15:14 AM Theory: Someone with lotsa bitcoins wants to see sustained strong growth rather than short-term wild swings and has decided to push the price back down to $500. Their purpose could be to increase the probability of eventual adoption. It isn't a smart way of doing it. Looks like it spooked the market. Title: Re: HUGE market sell order happening right now.. Post by: Walter Rothbard on November 20, 2013, 05:17:40 AM Theory: Someone with lotsa bitcoins wants to see sustained strong growth rather than short-term wild swings and has decided to push the price back down to $500. Their purpose could be to increase the probability of eventual adoption. It isn't a smart way of doing it. Looks like it spooked the market. Won't matter in the long term. |