I'm thinking engineered rally. Recent dumps and superbuys were to test market sentiment, then when the time is right (may or may not be now, no way to tell) make it look like things are changing. Or something like it.
If the wall gets devoured were gonna see some pent up rebound for sure. all those buyers at 300 will hold for ROI all at once, but most being profit whores they will probably sell at $310  Not me! I just bought to hodl Excellent, I think you'll be well positioned for the short and long term. Cheap coin at the moment IMO. This wall test is proving that the market's not a bear but a sleeping bull. |
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I'm thinking engineered rally. Recent dumps and superbuys were to test market sentiment, then when the time is right (may or may not be now, no way to tell) make it look like things are changing. Or something like it.
If the wall gets devoured were gonna see some pent up rebound for sure. all those buyers at 300 will hold for ROI all at once, but most being profit whores they will probably sell at $310 |
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maybe he's not manipulating the market, and just wants to get rid of a lot of his coins
If you want to sell 25000 coins, the worst technique must be to make a giant wall with all of them  Agree. The very worst technique would be to hit "sell now". |
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Could it be that dumping stopped producing a desirable result? Or maybe he is deliberately trying to establish support?
I'm just perplexed as to why (if the seller want to maximise fiat received) the wall doesn't get moved up a little, it sure looks like all markets would follow it up at least for a little while, but no, rock steady at $300.00. Maybe the seller will will miss their coins tomorrow and we will see a massive bid wall appear tomorrow at $290, that would give support, but the seller might end up holding rags... the market will probably surge up a little if it manages to digest this wall... |
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Maybe this wall is real? He wants to sell his coins but he doesn't want to kill bitcoin with dumps.
Satoshi, Tim Draper, Winklevoss twins, Ethereum?
The wall is very real (when it's up) Seems like the behaviour of a lone whale deciding to get out. prolly mined them all on a laptop. Any org like ethereum would probably get out in a more sedate manner, trying to stay under the radar. |
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Oh...well hell. I am not a trader so a lot of this was over my head but I think I got it. The manipulator/real seller/bf buddy whale bear man person didn't put up 25k - 30k worth of bitcoin, he put up 25k-30k bitcoinS which would be selling 7 frigging million dollars worth at 300ish?  Is that right? correct Is that why all the charts flatlined all of a sudden?
Yes, good news that they go flat, this means his coins are being bought, other exchanges want to rise in price and some people take advantage (arbitrage) buying cheap $300 coin on bitstamp and selling for a little guaranteed gain on other exchanges. And if he was to sell 7 million, it would send the price careening toward single digits?
Is that right?
If he were to push "Sell Now" and place a market order then some lucky people on bitstamp would get some very cheap coin. Then all other exchanges would share the blow through arbitrage. I'm not sure what the final "stable" price would be, but nowhere near sinlge digits. And the death knell silence happening is waiting to see what happens in the next 24 hours when the day people wake up Monday and discover the 6 million dollar man is holding up bitcoin fun? So can this person cancel the order to sell all these coins and if so, and he/she did, what would happen to the price at that point? Also, should I go make popcorn? Is it gonna be one of those nights? Can girls play too because this is seriously interesting to me. The person would be mad to hit "sell now". We should start to worry if the price drops below the wall and he moves it down. |
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Maybe pressure from the wife... wife:
honey we want dollars not bitcoins
early adopter:
but the blockchain will free mankind, plus if we wait we can afford a large island with airstrip and helis and jets etc.
wife:
but if you sell today we can get the olympic size pool instead of the regular size.
early adopter:
shit... ok, $300 is my lowest price (deploys THE WALL)
wife:
wow hun your dollar amount no longer says zero in the account, in fact its going up by $3000 a minute... I LOVE YOU HUN!
etc...
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Wall is being bought at a rate of ~10btc a minute.
If this rate continues it will be gone in ~1.5 days.
21126 now left in the $300 wall.
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What do you think will happen to the price after the order is sold/removed?
Last two times he pulled it, the price went up to 320 ish Hmmm.. has he gained some control? maybe a technique to lure bids into smaller orders he leaves after the wall is turned off?no it's just arbitrage eating into his wall. If he left that wall up for a few days I bet it would be eaten. |
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If that was gets eaten completely. Nice solid floor?
Dude that would take a huge cash infuse into the market right now, plus not to forget others selling.... Quite a bit might be purchased via arbitrage, but yes, chances are he will move it or remove it. |
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If that was gets eaten completely. Nice solid floor?
Indeed, if bids do have at it like pirhanas then it may even cause a little trampoline action. |
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maybe he's not manipulating the market, and just wants to get rid of a lot of his coins
If you want to sell 25000 coins, the worst technique must be to make a giant wall with all of them The worst technique ( worst fiat income ) would be to just place a market order and rip down the book asks. Especially if there wasn't much volume down the book. But sure placing a big wall like that so close to market price will scare many into a lower range, especially many bots that analyse the book to choose position. |
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Soft is currently not finished, keep it going up Ready soon...  |
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hi .. i sing up, how i can activate the account for testing?
the android version works, but the linux one say the same like the people up.. can't create ...
thanksˇ
Hi, The next released version (1.05b): Expected release date, sometime this month (october 2014). Free users:
Bitcoin live charting and ticker. Technical analysis. DepthV overlay. Subscribers:All the above plus... Tap-n-Trade in chart trading. Per minute tick, robotic trading. linux version will be fixed to work on all systems. |
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Hi technobitVesi, ORDER#: HCRSHRFOY 2 x TPLinks, payed for in full via paypal a couple of months ago. I got my HEX4Ms but not my TPLinks  P.S. Rockerbox chips look nice. HI, Sorry for the delay on tp-link's 1.We can ship them Monday. As far you can get these in your local market and flash them, do you want us to refund this order or you still want them shipped? 2. The new revision of the chips looks better Regards: Vesi Yes, a paypal refund would be fine if its easier for you guys. |
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Isn't the market capital that you can safely store/transact in a blockchain only proportional to the power (difficulty) of the overall network? Can't answer, I don't really understand. Could you reformulate, please? Many thanks for your extensive reply! With my question above, I was alluding to the fact that a blockchain with higher difficulty is more secure, the lock on the safe is harder to pick. You raise interesting points, especially regarding network setup/maintenance costs and the deep pockets of some groups. Although I still think it would be cheaper to hijack SHA256 miners if a big player wanted a POW system (loyalty dissolves quickly behind closed doors) miners will work for peanuts compared to establishing a centralised body. And also a widely spatially distributed network is far superior to attack resilience. My prediction is that we will see a fractional reserve system atop POW crypto before fiat. Miners initially sharing the spoils of the debt repayments (and transaction fees). But for sure, us "hobbyists" must prepare for larger moves in the game, whatever form they take. To think otherwise is naive. edit: a truly anonymous blockchain will never be allowed to flourish. |
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Hi technobitVesi, ORDER#: HCRSHRFOY 2 x TPLinks, payed for in full via paypal a couple of months ago. I got my HEX4Ms but not my TPLinks P.S. Rockerbox chips look nice. |
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