|
All cheap shorts have been taken on BFX! Holy shit, it must be 34k or so by now?!
|
|
|
|
|
This has to be news related. Huobi is going nuts now, too. Something bad about bitcoin and china probably.. right??
On the other hand, Finex appears to be totally out of ammo.
|
|
|
|
Thar she blows..  |
|
|
|
Second dumping attempt seems to be even weaker than the first one. Wouldn't surprise me if this brings us back up to $228 if the dump fails. This downtrend should really be faster in my opinion. Also, there's quite a wall at $225 on Finex that waits to be eaten by some hungry bear  Yeah this is really weak. About 250btc of the 1k bidwall on BFX eaten, but... OKCoin is leading the drop, but they seemed to just sorta give up? I feel like this can't possibly be it, but all it takes is one bull to end this push (for now) |
|
|
|
 Bye bye, 1400..  |
|
|
|
|
Where is all the usd coming from that they intend to refund? Almost all assets are btc?
|
|
|
|
what is a "fake" pump? Over 200 bitcoins were consistently purchased per minute for 15 minutes, for the second half it consistently came up against buy walls, though I guess I don't know who set up the buy walls. Do you mean it was one manipulator setting up both bids and asks in a tight range?
Maybe? Yeah the buys went through, but the ask sum took no hit despite an apparent purchase of over 2k BTC? Doesn't make much sense. Bid sum rose while ask sum remained constant Looks like one whale wanted to push through the trendline with a bit of volume, but a bigger whale absorbed it all. Market is not going higher with this kind of money capping the price. Now there is a bot selling 200BTC every minute??? Wtf!! It appears to have bought BTC4,400 in the 70ish minutes and so far sold BTC1,400 in the past 10 mins. EDIT: Make that BTC1,600 sold :: EDIT: BTC1,800 :: EDIT: BTC2,000 sold (I'm counting any single orders that sum to 200, not volume) Continued edits: BTC3,600 sold |
|
|
|
what is a "fake" pump? Over 200 bitcoins were consistently purchased per minute for 15 minutes, for the second half it consistently came up against buy walls, though I guess I don't know who set up the buy walls. Do you mean it was one manipulator setting up both bids and asks in a tight range?
Maybe? Yeah the buys went through, but the ask sum took no hit despite an apparent purchase of over 2k BTC? Doesn't make much sense. Bid sum rose while ask sum remained constant |
|
|
|
Someone was rabbit pumping for a few minutes and then just crapped out.
edit: nope still going. ~200 btc per minute on bitfinex
Very interesting... The orderbooks don't seem to match the volume though. Possibly fake pump?  |
|
|
|
By the time a pattern has been detected, it's too late with bitcoin  It'd be interesting if it came true, but I wouldn't bet on it, at least not based on this. |
|
|
|
Maybe it was a sale to someone who wanted a ton of coins with no slippage? Maybe they're preparing to sell them on an exchange? Who knows.. but "they sent them to a new wallet and then spend 100" makes no sense.
He sent 100 from the 70k address. The 70k (minus the 100) is still sitting in the original address. It was simply sent back as change. Oh, I apologize then. I thought 100 were sent from the new wallet |
|
|
|
Could be a lot of things. Perhaps Kraken moving funds in preparation for the MtGox proceedings. I went back and checked some of the other historical spikes in BDD. They tended to correlate to spikes upwards, not downwards. (Dec 13, Mar-Apr 14). I hope we learn more details around this. There is taint from here (2 yr old though) https://blockchain.info/address/1BBqjKsYuLEUE9Y5WzdbzCtYzCiQgHqtPNI don't know so *shrug* Gox coins is best guess right now i think How odd. They went into the wallet April 9th.. the day of the MtGox lag price crash.. Maybe this is a stoploss? Price is approaching the original buying price? this guy/girl just send 101 btc of the 70k coins - the rest is still in the wallet ?! finally someone who gets it  You're underthinking it. It's completely possible the guy just decided, "Today's a good day to move all of my coins to a new wallet", but that makes absolutely no sense. Maybe it was a sale to someone who wanted a ton of coins with no slippage? Maybe they're preparing to sell them on an exchange? Who knows.. but "they sent them to a new wallet and then spend 100" makes no sense. |
|
|
|
|
I get the feeling a large percent of Gox's "800000" were made up (Willy) and/or idle (Early adopters who forgot about Bitcoin)
When you looked through the logs, there were idle accounts sitting on hundreds and thousands of coins.
So ignoring how much the legal costs are, I'd imagine the payout being up to 50%
|
|
|
|
Could be a lot of things. Perhaps Kraken moving funds in preparation for the MtGox proceedings. I went back and checked some of the other historical spikes in BDD. They tended to correlate to spikes upwards, not downwards. (Dec 13, Mar-Apr 14). I hope we learn more details around this. There is taint from here (2 yr old though) https://blockchain.info/address/1BBqjKsYuLEUE9Y5WzdbzCtYzCiQgHqtPNI don't know so *shrug* Gox coins is best guess right now i think How odd. They went into the wallet April 9th.. the day of the MtGox lag price crash.. Maybe this is a stoploss? Price is approaching the original buying price? |
|
|
|
Looks like Gavin and core devs about to upgrade to the penthouse suite: https://twitter.com/gavinandresen/status/590884520318078976Get out from the Bitcoin Foundation shack and into the 5 star MIT estate. No more cup o noodles and tuna fish for the core devs. Lobster and New England Clam Chowdah babee!!! This is not good for bitcoin as we know it now. As an independent 'outsider' technology it has failed to survive. Media labs have effectively 'poached' the top devs from bitcoin. This failure of the BF to keep the whole show together wil undoubtedly lead to a schism within the development community. It looks like Bitcoin2.0 is now inevitable in the near future. What happens to us owners of bitcoin 1.0 |
|
|
|
|
If the Mt.Gox bankruptcy claims are being paid out in USD, doesn't that mean they sold all 200k of them?
|
|
|
|
Last chance to get some cheap coins people.
You really should be buying right now.
How on earth did you get to this conclusion? If the price doesn't go to $210 by the end of the week I would be very surprised. Nothing indicates that bearish trend is close to being over. TA cant predict big news  |
|
|
|
Something is going seriously wrong at Huobi. Yes, insane! EDIT: Maybe manipulative dumpers have lost their power! Did y'all notice OKCoin dumped down to 1387 during the rise? |
|
|
|
|
Show Posts
