It's not stacked, just one big player.

Oh look at that, they are reading this topic. They started using 3k batches now...

Let's hope the community doesn't allow him to double up anything... That's all we can do for now really...

At least he will need to start using higher volumes than the 1500 btc every few hours to start a panic this time it seems. They are absorbed quite nicely.

But as we've seen before he just plays around with over 30k BTC as if it's nothing, makes me think he has quite a lot more even.

Well the manipulator is back, that's for sure...
Instadumping 1500 btc into the buy orders every few hours...

He's gonna run out eventually, unless he succeeds to cause panic again as it seems to do almost every time and buy back even more to cause even more havoc later on...

It's the whale game, scare the market and start buying back when panic kicks in, easy 10-15% profits on your btc.

Of course it can snap back just as fast we've seen that before too, at least they are no longer trying to hide they are trying to manipulate the market, or corner it if you don't want to call it manipulation..

well there's a 32k sell wall at 300 now so you can bet your ass we will fall much deeper today...

Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still

Grats I picked up 0.6 at 330 didn't have more fiat available atm.

Seems like we're about to witness exactly that... panic seems to get a hold on people slowly :/

Yea, 'cause bitcoin loses all it's utility when the price isn't considered to be high...
The least you could do before saying stuff like this, is read up on what bitcoin is, how it works, the philosophy behind it's various uses.

I still use bitcoin almost every day for purchases, i stack up again and i buy stuff with it, i try to accumulate some in the process for the long term to make profit.
It's as useful to me at $50 as it is at $5000.

We praten met bitcoin wel over een globale markt, de waarde van die 3600 btc is echt een muggenscheet op die schaal. Een paar grote jongens, of een enkele zelfs, kunnen bitcoin op dit moment volledig de grond in drijven of naar de maan sturen.

Why? I'm guessing pure manipulation by one or a few whales.
If you look at the order books you see there's almost no selling pressure. So basically nobody is crazy enough to sell at these prices except a few that want to trigger panic, which will work at some point of course. Then they buy back double... That's how you make money if you have money :p

We dropped 26% in the past 4 weeks, we have risen and fallen even faster in the past, in this small and emotional economy it's hard to tell what will happen in a few days, extreme price fluctuations are a real thing here.

Currently i feel there is a very negative sentiment. But that could just be because of all the troll posts..

I think we may check around 266 but i have to say it completely baffles me why anyone would sell that low considering the scarcity of btc and difficulty to mine them. Infrastructure growth and adoption are at an ever increasing rate.

This is just panic selling. I suspect we will recover to 400-500 soon and hang around there for a bit.

If the price had gone up we would see the same "I told you so!" spam flooding in the forums and chat...
Probably even from the same people on some of their 101 sockpuppet accounts.

You troll/spam guys all sound like religious prophets, maybe try your always correct predictions in a church some time, they've had some bad luck with their predictions, they can probably use you very well, and as a bonus you'll be relieved of having to endure in this community among all these 'fools' that don't want your 'saving' anyway.

Bitcoin is already dead, haven't you been reading the posts here lately?
In fact, it was declared dead already in 2011, 2012, 2013, it's still dead.

What confuses me most is how the order books look, add it all together and there's so much more buying pressure than selling pressure,  which makes me think that there's a few big whales (maybe even one?) that keep on selling down and not many other people.

It's not very nice to see the value in such long term decline, on the other hand, we really don't want people holding 50-300k btc single handedly i'd think, so spreading the coins is good i guess...

I don't know how much manipulation is going on but it seems panic is slowly taking a hold again over bitcoiners the last few hours...

Still putting every free euro i can turn into bitcoin right now. It's a golden opportunity i think.