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Author Topic: 100k USD in less than 5 minutes  (Read 1451 times)
marlo_brando (OP)
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April 24, 2013, 08:24:21 AM
 #1

Did you see that guy selling 100k USD in bitcoins at 5$ less than the market price in Bitstamp (10$ less than mtgox) this morning??? (Around 10:20 GMT+1 time)
WTF!
Any idea of why would someone do that in a price growing situation like this?

myself
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April 24, 2013, 08:26:45 AM
 #2

Any idea of why would someone do that in a price growing situation like this?
panic exit nothing new

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
zoinky
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April 24, 2013, 08:27:50 AM
 #3

To confuse you.
ronaldlee0917
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April 24, 2013, 08:30:34 AM
 #4

Maybe he doesn't want to keep the coins overnight, volatility of Bitcoins is no news.

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sumantso
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April 24, 2013, 08:32:30 AM
 #5

He is buying Gold.

Zaih
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April 24, 2013, 08:45:50 AM
 #6

No balls
kibblesnbits
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April 24, 2013, 09:39:19 AM
 #7

A Winklevoss wanted a new watch.

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rpietila
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April 24, 2013, 09:43:41 AM
 #8

"Too much money to care" is the likely explanation.

Srsly, a guy walked in to my office today and wanted to sell BTC50. He had been out, partying with guys and his fiat position was depleted. I had €5,000 in 50 euro notes and ordered my assistant to count them in front of the guy. Meanwhile I asked if he is serious to sell for 5% less than the exchange. He said ok, I ordered a glass of Valpolicella brought to him, and bought it at EUR 104 per.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
StarrManUK
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April 24, 2013, 09:51:10 AM
 #9

Damn....I was asleep, would have been a great buying oppurtunity Undecided
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April 24, 2013, 09:54:05 AM
 #10

Maybe he doesn't want to keep the coins overnight, volatility of Bitcoins is no news.

I'm building a bot for mtgox to run on your computer. It will check the price while you sleep and do actions (sell/buy) for you. Simple to use.

I'm now gathering volunteers for the beta test (only need 5 more) that will have lifetime free bot. If you want join the beta-testing, PM me!
See related discussion @ https://bitcointalk.org/index.php?topic=182946.msg1909254#msg1909254

Bitmessage : BM-NAx31aEiqeq5zKUtxhKscXQ7Dwn1jJfR
StarrManUK
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April 24, 2013, 10:49:35 AM
 #11

Looks like somebody just did it again.
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April 24, 2013, 11:25:37 AM
 #12

its the smart ones, knowing what suckers rally looks like, and dumping thier coins, nothing new here
Rampion
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April 24, 2013, 11:27:31 AM
 #13

its the smart ones, knowing what suckers rally looks like, and dumping thier coins, nothing new here

Now be bold and tell us what do you think: will the suckers rally go up to $200 or it will burst now?

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