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Title: Why make a large sale on a weekend? Post by: Cryddit on February 23, 2015, 08:43:02 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? Can anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? Title: Re: Why make a large sale on a weekend? Post by: noma on February 24, 2015, 01:21:58 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? Can anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? Its the weekend cashing out. People spend their time on other things and holidays on weekends, and almost every weekend you willl see a similar trend. Title: Re: Why make a large sale on a weekend? Post by: picolo on February 24, 2015, 02:37:52 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? Can anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? Its the weekend cashing out. People spend their time on other things and holidays on weekends, and almost every weekend you willl see a similar trend. Yes or he wanted to sell for an other reason and didn't want to lose time or risk the price going lower. Title: Re: Why make a large sale on a weekend? Post by: foxkyu on February 26, 2015, 02:23:46 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? because it's weekendCan anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? people need holiday after workhard, and maybe to pay tax,bill, etc Title: Re: Why make a large sale on a weekend? Post by: arvindr on February 26, 2015, 08:31:31 PM A similar trend is actually seen on every weekend. We can only speculate.
Title: Re: Why make a large sale on a weekend? Post by: picolo on February 26, 2015, 11:08:35 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? Can anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? Some people don't know the market well. Did the large sale moved the price that much? Title: Re: Why make a large sale on a weekend? Post by: newIndia on February 26, 2015, 11:11:33 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? Can anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? I think u have caught a bear. Red Handed http://bioexpedition.com/wp-content/uploads/2012/05/Brown_Bear.jpg Title: Re: Why make a large sale on a weekend? Post by: Kprawn on February 27, 2015, 07:52:27 AM Well.... If I want less eyes on my transactions ... I will leave it for the weekend. ;)
There are a lot of people like myself .... who sits in meetings all day during the week and leave these trading dicisions for when I am alone at my house and relaxing. There are some people, who owns businesses and the normal operation of the business takes up a lot of their time... they gather income throught the week, and do the books and trading on the weekends. ;) Title: Re: Why make a large sale on a weekend? Post by: crypto97 on February 27, 2015, 06:27:28 PM I could the simple fact that people have more time on their hands on the weekends and end-up making more trades.
Title: Re: Why make a large sale on a weekend? Post by: RodeoX on February 27, 2015, 06:30:29 PM I could the simple fact that people have more time on their hands on the weekends and end-up making more trades. That would be my guess also. I think i move more BTC on weekends too. Title: Re: Why make a large sale on a weekend? Post by: picolo on February 27, 2015, 06:52:02 PM I could the simple fact that people have more time on their hands on the weekends and end-up making more trades. That would be my guess also. I think i move more BTC on weekends too. This week-end, we are ready for a BULL RUN! Title: Re: Why make a large sale on a weekend? Post by: girb16 on February 27, 2015, 07:59:09 PM It has been quite a while since we went into a weekend on a high! Interesting what the price will be like on Monday?
Title: Re: Why make a large sale on a weekend? Post by: sAt0sHiFanClub on February 28, 2015, 08:18:52 PM 2 Fridays in a row with a price hike starting at 0:00hGMT Friday. But not rising as much as last week. Probably return to $238 by monday morning.
Title: Re: Why make a large sale on a weekend? Post by: enryk on February 28, 2015, 08:32:09 PM 2 Fridays in a row with a price hike starting at 0:00hGMT Friday. But not rising as much as last week. Probably return to $238 by monday morning. Looks like this week will be different. Its already day in China and there hasn't been a significant dump today. Lets hope it stays that way. Title: Re: Why make a large sale on a weekend? Post by: bitgeek on March 01, 2015, 02:37:43 PM The weekend sales can be caused by just 1 person. There's a lot of people with thousands of BTC like the ones that stole from the exchanges last month or the US government's auction participants.
I remember months ago, when a similar thing happened people blamed the family of Hal Finney. Title: Re: Why make a large sale on a weekend? Post by: 1Referee on March 02, 2015, 02:17:05 PM Did anybody else notice a large sale of Bitcoin, spread across essentially all major marketplaces, at about 2 PM on Sunday 22 February 2015? Can anyone think of a single reason why somebody with that much coin to sell wouldn't have waited for a weekday when the markets are deeper? I mean, unless the timing is deliberately chosen to move the price by the maximum possible? A whale doesn't necessarily have to sell to get rid of coins. These guys are playing and teasing on a daily basis trying to trigger panic reactions, etc. They know very well what they do to get Bitcoin price a few bucks higher or lower. Title: Re: Why make a large sale on a weekend? Post by: riptide on March 02, 2015, 08:40:13 PM Very surprised that the price increase has continued past the weekend. Something else is changing in the bitcoin market?
Title: Re: Why make a large sale on a weekend? Post by: sAt0sHiFanClub on March 02, 2015, 08:49:18 PM 2 Fridays in a row with a price hike starting at 0:00hGMT Friday. But not rising as much as last week. Probably return to $238 by monday morning. Looks like this week will be different. Its already day in China and there hasn't been a significant dump today. Lets hope it stays that way. You got that right, dude! ;D Still flying. Shorts getting nervous. Title: Re: Why make a large sale on a weekend? Post by: Cryddit on March 03, 2015, 07:35:34 PM somebody's sure as heck making a move.
Title: Re: Why make a large sale on a weekend? Post by: najzenmajsen on March 04, 2015, 01:28:36 PM people dont expect it , and when people dont expect something that is when its the best time to get out , or maybe this person heard of some really bad news and had to get his money out quickly. Or maybe he has some insider info about bitcoins future price.
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