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Title: Buy/Sell Wall Placement Post by: bitcoinrocks on March 11, 2014, 11:57:50 PM What is the best method for buying or selling a relatively large amount of coins? For example, if I want to sell a lot of coins and I place a sell wall a little higher than the going price, won't people see that and freak out because a "whale" is dumping and dump their coins before the price reaches my ask? If I place a buy wall a little below the going price, won't people get pumped because a whale is buying and buy up before the price reaches my bid?
Title: Re: Buy/Sell Wall Placement Post by: mellowyellow on March 12, 2014, 11:17:12 AM I've put a bit of thought into how I would sell a large amount and have decided it's best to wait for someone else to put up a significant bid wall and eat it quickly - that shouldn't affect the market too much. These large walls go up surprisingly often (manipulators I assume).
I would be really interested to hear other peoples opinions on the best way to do this too. Advice for genuine sellers / buyers who don't intend to day trade - simply buy or sell a large amount. Title: Re: Buy/Sell Wall Placement Post by: agusta on March 13, 2014, 12:18:19 PM I've put a bit of thought into how I would sell a large amount and have decided it's best to wait for someone else to put up a significant bid wall and eat it quickly - that shouldn't affect the market too much. These large walls go up surprisingly often (manipulators I assume). I'm buy during day for last 3 days. I have posted add in Local Bit.. for only 2% lower then real floating rate I have reasons to believe there is some Bankster minded activities going on to drop the average price. I would be really interested to hear other peoples opinions on the best way to do this too. Advice for genuine sellers / buyers who don't intend to day trade - simply buy or sell a large amount. It is LocalBitcoin so majority I can say 90% deal during 9-5 My advertising to buy is near best offers (-2%) some time the best priced offered. People don't sell to much lately. That represent pure market behave. But at night or 4-5AM some one like to buy 10% 12% UNDER PRICE . I don't thing it is natural behave, I think it is some smartass "uncle Sam". Title: Re: Buy/Sell Wall Placement Post by: bitcoinrocks on March 13, 2014, 01:09:55 PM Maybe they just want a good deal?
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