I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.
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I have to admit I am kind of worried...there is something happening behind the scenes.
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I didn't think about loaded, but I am thinking about the possibility of the owner of that wall at stamp being the owner of this address as well.
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Nice find.. I think that is loaded.. not sure. Someone quickly analysis that address I will confirm if that belongs to stamp, they will be sending it to cold storage soon if it belongs to them.
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It feels so good being 100% FIAT
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.gyazo.com%2Fce581e69f60a61f72ae3b9d9618c1169.png&t=663&c=8CPRKl5cXqyAkg) Ye-ye we get it, bitcoin-free diet is amazing. But seriously, stfu already ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFBLa0o0.png&t=663&c=c1fa_HNgIjHCbg)
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you will see what panic is now
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he could bring the price to 0 any time he wants ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yes, technically he could kill Bitcoin@ Bitstamp ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzXQ3xJX.png&t=663&c=UyVD6GUu9caOrA) Edit: 15K to less than $30
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It feels so good being 100% FIAT
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brace your self to welcome the old ATH...
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and you are fucked 29K sell wall
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anyone said wall @ bitstamp...here you go, gone.
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this fucking pumper didn't learn anything, last time he spoke to calm people about MTgox and assure them nothing is wrong with their funds... we all know how that did end up, today he is twitting this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6DBsi7Y.png&t=663&c=14MabrJUdqAJBA) these kind of early adopters are the problem of this community.
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the US will be waking up in few hours...
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So if i understand your claims correctly, you are suggesting that either older users are engaging in ongoing coin movement to disguise the bitcoin days destroyed quantity that is generated by their coin movements (to make the bitcoin days destroyed number smaller) or they are transferring access to their accounts/wallets without moving coins?
Correct me if I have misstated your claims, but if the above are your claims: 1) it seems to be a bit cumbersome to engage in such conduct to camouflage coin movements and therefore does NOT seem to be very plausible explanations and 2) if the conduct is happening, would there be any solution(s) to make such movement of coins more transparent?
you assume that my post points to manipulation or something of that kind, but you missed my point which is: simply denying the claim of "there is no spike on the days destroyed chart, therefore early adopters are not selling"
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so if I had 50000BTC siting in my address for 1 year, and I decided to move/spend 1000BTC, the days destroyed for that transaction would be 1000*365, which is not that big really when looking to the daily sum:
Thanks for the exmaple, but: If the 50'000 BTC were sitting in one address (and one utxo), wouldn't there be a 49'000 BTC change-back output too on that transaction? Would that output be excluded from the BDD? What if the change-back went to a different address? in the wiki it is explained like this:If someone has 100BTC that they received a week ago and they spend it then 700 bitcoin days have been destroyed. If they take those 100BTC and send them to several addresses and then spend them then although the total transaction volume could be arbitrarily large the number of bitcoindays destroyed is still 700. I was trying to understand that as well, but I often see small transaction from large holding addresses (for example BTC-e's cold cold storage or Bitsamp's cold storage) where they send only a couple thousands of coins to a new address, after checking the days destroyed chart I don't see any spike !!! For example watch this transaction it took place 28-08-2014 and it is Bitstamp sending 3000 BTC to an address and the change to another address, now this is how the days destroyed looks like that day: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fajc2A79.png&t=663&c=N1P6rC9Xwq7yLQ)
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SHIT JUST HIT THE FAN CHECK SATOSHIS WALLETS FUCK
Confirmed. Holy shit... RIP bitcoin. Even I didn't expect this! Link or it didn't happen Check block chain. Huge volume of coins being moved. Maybe, but what is this 'satoshi wallets' bullshit? Pathetic FUD? All of Satoshi's coins are in the early blocks... just checked and haven't seen any coins moved from those, definitely FUD. Also there has been no real spike in the number of older coins moved.. NOT since March 2014. See the blockchain charts: https://blockchain.info/charts/bitcoin-days-destroyedthis argument is not that valid, see my posts from yesterday : post 1 , and post 2
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Good morning, a lazy Sunday morning... but most importantly $250 till the next weekend ?
I realize I am probably getting myself into trouble by attempting to engage on this topic or any other BTC related topic with you; however, can you be more specific? Are you saying BTC prices will reach below $250 by next weekend? What are the odds that you give for such downward price movements? You just believe that the BTC dumps will continue until all of the resistance is eaten away.. etc etc? It does seem that more and more sellers are jumping on board and selling.. but I remain puzzled about how long this can go on... Personally, I am NOT taking any chances to sell at these low prices, and I just continue to buy and to accumulate.. and I have noticed that there has been a lot of volume in the last three weeks, and this week is going to surpass the volume of each of the past two weeks.. Lots of action and surprises in the last couple of days, that's for sure. I think we will be heading for less than $250, but I am not going to tell you where I have open orders and spoil this out, but about the volume, I really don't care about BTC volume because the USD volume is almost the same.... and just for your information, I am not giving you or anyone a trading advice.
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