Bitcoin Forum

Economy => Service Discussion => Topic started by: LittleD on October 06, 2014, 06:46:13 PM



Title: Butterfly Labs sales 25,000 Bitcoin... WHAT ???
Post by: LittleD on October 06, 2014, 06:46:13 PM
http://www.coindesk.com/bitcoin-price-finds-hard-floor-following-26000-btc-sell-order/

O’Brien said that Monday’s unprecedented BTC offer on Bitstamp was most likely a single investor looking to artificially move the price lower and buy back bitcoin later at a reduced price, probably in the low $200 range.

Instead, buyers swarmed the offer. For market participants, the recent volatility has presented a welcome opportunity to make big sums of money trading bitcoin in large volumes, mostly through the practice of arbitrage trading or by taking fees for providing trading enhancements such as BTC Solutions’ leveraged product offering.


Title: Re: Butterfly Labs sales 25,000 Bitcoin... WHAT ???
Post by: acs267 on October 06, 2014, 08:24:24 PM
No. It was so obviously PG. Why do you think we haven't seen him around for? This time, he's in it with Dank. Vod should be all over this. I overheard their conversation. Something about banks and Fin. Maybe even Cindy was involved, and, Joey. The perfect squad, there.