Bitcoin Forum

Economy => Speculation => Topic started by: Hyena on January 06, 2015, 11:34:51 PM



Title: Bitstamp inside job to slay the bear whale
Post by: Hyena on January 06, 2015, 11:34:51 PM
So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.

https://bullbearanalytics.com/wp-content/uploads/2014/10/The-Bitcoin-Bearwhale-Imgurr.jpg


Title: Re: Bitstamp inside job to slay the bear whale
Post by: JimboToronto on January 06, 2015, 11:37:22 PM
LOL

http://i664.photobucket.com/albums/vv10/JimboToronto/tin-foil-hat.jpg (http://s664.photobucket.com/user/JimboToronto/media/tin-foil-hat.jpg.html)

 :) ;) :D ;D 8)


Title: Re: Bitstamp inside job to slay the bear whale
Post by: RyNinDaCleM on January 06, 2015, 11:39:35 PM
So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.

https://bullbearanalytics.com/wp-content/uploads/2014/10/The-Bitcoin-Bearwhale-Imgurr.jpg

That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.


Title: Re: Bitstamp inside job to slay the bear whale
Post by: Hyena on January 06, 2015, 11:44:13 PM
That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Or, Bitstamp was contacted by some leading mining operation and offered a deal so that they both would profit from it. We all know that miners would like to have a high price and perhaps the miners' offer was greater than the volume provided by the bear whale.


Title: Re: Bitstamp inside job to slay the bear whale
Post by: RyNinDaCleM on January 07, 2015, 12:04:16 AM
That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Or, Bitstamp was contacted by some leading mining operation and offered a deal so that they both would profit from it. We all know that miners would like to have a high price and perhaps the miners' offer was greater than the volume provided by the bear whale.

Ah, the conspiracy thickens  ;D


Title: Re: Bitstamp inside job to slay the bear whale
Post by: Hyena on January 07, 2015, 12:09:26 AM
That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Or, Bitstamp was contacted by some leading mining operation and offered a deal so that they both would profit from it. We all know that miners would like to have a high price and perhaps the miners' offer was greater than the volume provided by the bear whale.

Ah, the conspiracy thickens  ;D

I would laugh so hard if some coin news website published an article related to this discussion and referred this topic as source of information :P but I would laugh even harder if this conspiracy coincidentally happens to be true or very close to truth. Knowing that Mt. Gox hack last year was an inside job (according to what the police suspects) I wouldn't wonder if inside jobs were a trending activity amongst cryptocurrency exchanges.


Title: Re: Bitstamp inside job to slay the bear whale
Post by: orpington on January 07, 2015, 12:15:38 AM
Disgruntled Sony execs are probably responsible. ;)


Title: Re: Bitstamp inside job to slay the bear whale
Post by: tbcoin on January 07, 2015, 12:22:09 AM
Bitstamp is lossing a lot of money and reputation with this.


https://i.imgur.com/wnS4aFi.jpg


Title: Re: Bitstamp inside job to slay the bear whale
Post by: stonerider on January 07, 2015, 01:15:49 AM
I don't think bitstamp is coming back. Ever. Bitstamp is Gox V2.


Title: Re: Bitstamp inside job to slay the bear whale
Post by: GÜNther.Danish on January 07, 2015, 01:25:30 AM
Bitstamp is lossing a lot of money and reputation with this.


https://i.imgur.com/wnS4aFi.jpg

what is this? bitstamp customer meeting?


Title: Re: Bitstamp inside job to slay the bear whale
Post by: freedomno1 on January 07, 2015, 01:28:37 AM
So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.

https://bullbearanalytics.com/wp-content/uploads/2014/10/The-Bitcoin-Bearwhale-Imgurr.jpg

Death to the bear whale
Thanks Hyena its refreshing to see some fun speculation going on now and then
A true work of art.


Title: Re: Bitstamp inside job to slay the bear whale
Post by: tbcoin on January 07, 2015, 01:40:19 AM
Bitstamp is lossing a lot of money and reputation with this.


...

what is this? bitstamp customer meeting?

Bitstamp's booth at CES .


Title: Re: Bitstamp inside job to slay the bear whale
Post by: jaredboice on January 07, 2015, 01:43:56 AM
Disgruntled Sony execs are probably responsible. ;)

best response I've seen yet


Title: Re: Bitstamp inside job to slay the bear whale
Post by: pitham1 on January 07, 2015, 04:53:34 PM
So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.

Lost to whom is also a question. The conspiracy theory doesn't hold good if the person who got the coins also decides to dump them.