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Author Topic: Buy/Sell Wall Placement  (Read 841 times)
bitcoinrocks (OP)
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March 11, 2014, 11:57:50 PM
 #1

What is the best method for buying or selling a relatively large amount of coins?  For example, if I want to sell a lot of coins and I place a sell wall a little higher than the going price, won't people see that and freak out because a "whale" is dumping and dump their coins before the price reaches my ask?  If I place a buy wall a little below the going price, won't people get pumped because a whale is buying and buy up before the price reaches my bid?
mellowyellow
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March 12, 2014, 11:17:12 AM
 #2

I've put a bit of thought into how I would sell a large amount and have decided it's best to wait for someone else to put up a significant bid wall and eat it quickly - that shouldn't affect the market too much. These large walls go up surprisingly often (manipulators I assume).

I would be really interested to hear other peoples opinions on the best way to do this too. Advice for genuine sellers / buyers who don't intend to day trade - simply buy or sell a large amount.
agusta
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March 13, 2014, 12:18:19 PM
 #3

I've put a bit of thought into how I would sell a large amount and have decided it's best to wait for someone else to put up a significant bid wall and eat it quickly - that shouldn't affect the market too much. These large walls go up surprisingly often (manipulators I assume).

I would be really interested to hear other peoples opinions on the best way to do this too. Advice for genuine sellers / buyers who don't intend to day trade - simply buy or sell a large amount.
I'm buy during day for last 3 days.  I have posted add in Local Bit.. for only 2% lower then real floating rate   I have reasons to believe there is some Bankster minded activities going on to drop the average price. 

 It is LocalBitcoin so majority I can say 90% deal during 9-5 

My advertising to buy is near best offers (-2%) some time the best priced offered.   People don't sell to much lately.  That represent pure market behave.

But at night or 4-5AM some one like to buy 10% 12% UNDER PRICE  . I don't thing it is natural behave,  I think it is some smartass "uncle Sam".


 
bitcoinrocks (OP)
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March 13, 2014, 01:09:55 PM
 #4

Maybe they just want a good deal?
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