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Title: $250,000 on the Bid Post by: GoWest on November 14, 2011, 02:57:54 AM http://www.thebitcointrader.com/2011/11/125000-waiting-to-buy-bitcoins.html
Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 02:58:48 AM http://www.thebitcointrader.com/2011/11/125000-waiting-to-buy-bitcoins.html Fake bid walls should be taken with a grain of salt. This person isn't buying that many bitcoins, like it or not.Title: Re: $250,000 on the Bid Post by: GoWest on November 14, 2011, 03:00:29 AM http://www.thebitcointrader.com/2011/11/125000-waiting-to-buy-bitcoins.html Fake bid walls should be taken with a grain of salt. This person isn't buying that many bitcoins, like it or not.The fact of the matter is, there's a quarter-of-a-million dollars on Mt.Gox, waiting to do something. Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 03:01:08 AM http://www.thebitcointrader.com/2011/11/125000-waiting-to-buy-bitcoins.html Fake bid walls should be taken with a grain of salt. This person isn't buying that many bitcoins, like it or not.The fact of the matter is, there's a quarter-of-a-million dollars on Mt.Gox, waiting to do something. Title: Re: $250,000 on the Bid Post by: greyhawk on November 14, 2011, 03:01:14 AM Look at what just happened to that wall, it got cut in half.
EDIT: beaten. Title: Re: $250,000 on the Bid Post by: Etlase2 on November 14, 2011, 03:03:02 AM What does A care if he paid $3 in electricity for those 50k coins? Why not use occam's razor and instead of assuming someone is stupid enough to put 100-200k into this market, that the only people with this kind of depth got it from the early adoption of bitcoin. For crying out loud, 50k coins were put on ask then immediately moved to bid in a span of a second. Misclick? Title: Re: $250,000 on the Bid Post by: GoWest on November 14, 2011, 03:03:07 AM http://www.thebitcointrader.com/2011/11/125000-waiting-to-buy-bitcoins.html Fake bid walls should be taken with a grain of salt. This person isn't buying that many bitcoins, like it or not.The fact of the matter is, there's a quarter-of-a-million dollars on Mt.Gox, waiting to do something. You can't put in a bid unless you have the cash. The money is there. The question is, what is he going to do with it all? Title: Re: $250,000 on the Bid Post by: GoWest on November 14, 2011, 03:03:54 AM What does A care if he paid $3 in electricity for those 50k coins? Why not use occam's razor and instead of assuming someone is stupid enough to put 100-200k into this market, that the only people with this kind of depth got it from the early adoption of bitcoin. For crying out loud, 50k coins were put on ask then immediately moved to bid in a span of a second. Misclick? How do you put coins on the bid, exactly? Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 03:04:37 AM What does A care if he paid $3 in electricity for those 50k coins? Why not use occam's razor and instead of assuming someone is stupid enough to put 100-200k into this market, that the only people with this kind of depth got it from the early adoption of bitcoin. For crying out loud, 50k coins were put on ask then immediately moved to bid in a span of a second. Misclick? How do you put coins on the bid, exactly? Title: Re: $250,000 on the Bid Post by: Etlase2 on November 14, 2011, 03:04:50 AM The point is, it's the same person that has both cash and BTC massive depth. You guys are getting schooled.
Title: Re: $250,000 on the Bid Post by: GoWest on November 14, 2011, 03:08:19 AM Greater than $260,000 now.
Title: Re: $250,000 on the Bid Post by: BTCurious on November 14, 2011, 03:09:58 AM Dropped half again.
Two thirds. EDIT: No wait, half now. Going up again. lol. Wall creeping to 2.70 now. Title: Re: $250,000 on the Bid Post by: greyhawk on November 14, 2011, 03:12:14 AM This is beginning to make me dizzy.
Title: Re: $250,000 on the Bid Post by: Vandroiy on November 14, 2011, 03:12:29 AM You all act as if that kind of money is something new in Bitcoin. Anybody who rode the bubble can have that much now.
Think about it. Selling 10k at 30 gives 300k USD. Not so absurd an idea to buy back now, for example. Anyways, orders are never really fake. Anyone can take them, so the person can probably live with it if that happens. Title: Re: $250,000 on the Bid Post by: BTCurious on November 14, 2011, 03:12:47 AM Title: Re: $250,000 on the Bid Post by: proudhon on November 14, 2011, 03:12:51 AM Haha, look at him marching his cash army up the chart. He's getting other people to buy up so he can sell again, methinks.
Title: Re: $250,000 on the Bid Post by: RyNinDaCleM on November 14, 2011, 03:13:33 AM The walls are being inched up! Take one off the top, put it on the bottom.
Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 03:14:14 AM Dropped half again. This manipulator is so much better than the downward manipulator - don't sell unlimited, rather buy limited.Two thirds. EDIT: No wait, half now. Going up again. lol. Wall creeping to 2.70 now. Title: Re: $250,000 on the Bid Post by: notme on November 14, 2011, 03:14:28 AM The point is, it's the same person that has both cash and BTC massive depth. You guys are getting schooled. Let's hope so... That's what I'm here for. Title: Re: $250,000 on the Bid Post by: greyhawk on November 14, 2011, 03:15:38 AM Haha, look at him marching his cash army up the chart. He's getting other people to buy up so he can sell again, methinks. And now he's in full retreat to 2,50. Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 03:16:20 AM Haha, look at him marching his cash army up the chart. He's getting other people to buy up so he can sell again, methinks. And now he's in full retreat to 2,50. Edit: wow, I was wrong again. Back down to $2.50. I underestimated Mr. Bear's money. Title: Re: $250,000 on the Bid Post by: proudhon on November 14, 2011, 03:18:20 AM Haha, look at him marching his cash army up the chart. He's getting other people to buy up so he can sell again, methinks. And now he's in full retreat to 2,50. I believe the strategy is something like this. March a bunch cash out in the hope that other people put bids in front of your giant bids (because they'll feel more confident). When the bids build up enough, sell into the bids in front of your bids, then drop your giant bid and watch the market panic. Then buy back at a lower price. Repeat. Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 03:19:40 AM Haha, look at him marching his cash army up the chart. He's getting other people to buy up so he can sell again, methinks. And now he's in full retreat to 2,50. I believe the strategy is something like this. March a bunch cash out in the hope that other people put bids in front of your giant bids (because they'll feel more confident). When the bids build up enough, sell into the bids in front of your bids, then drop your giant bid and watch the market panic. Then buy back at a lower price. Repeat. Edit: But why would he drop it to $2.5 first? Also, the positioning of his two walls stands to make him lose a lot of money... Title: Re: $250,000 on the Bid Post by: BTCurious on November 14, 2011, 03:20:12 AM This is interesting. Also, I hope I'm guessing right with my money :P
Title: Re: $250,000 on the Bid Post by: RyNinDaCleM on November 14, 2011, 03:23:25 AM This is interesting. Also, I hope I'm guessing right with my money :P Me too! This event could cause a lot of win or loss. Only time will tell. Title: Re: $250,000 on the Bid Post by: dree12 on November 14, 2011, 03:24:42 AM This is interesting. Also, I hope I'm guessing right with my money :P Me too! This event could cause a lot of win or loss. Only time will tell. Buy the entire ask, and then sell into the bid. Since you earn commission, free money! Title: Re: $250,000 on the Bid Post by: BTCurious on November 14, 2011, 03:26:37 AM Where is Mt.Gox? These two walls can earn them some good cash! Lol! Genius!Buy the entire ask, and then sell into the bid. Since you earn commission, free money! |
