ChartBuddy
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 09:58:20 PM |
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damiano
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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April 23, 2015, 09:58:38 PM |
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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. What do you think was the point of that |
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Wary
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April 23, 2015, 10:01:29 PM |
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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. So the simplest explanation - he just didn't have "small bills", so had to "break a large one". Other version - he wanted to prove to somebody that he owns these 70K |
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minerpumpkin
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April 23, 2015, 10:06:35 PM |
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OMG really people?
To think that someone all of a sudden , being and early bird, would decide to offload all those coins right now is comical.
Plus any moron with half a brain knows that people are always watching, why create panic?
Well, in order to push the price down maybe?  but I don't really think that people would go to such lengths as to move their cold storage coins, especially that many. It could simply be someone putting their coins into another form of cold storage. It could also be an exchange shifting around some coins. |
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ChartBuddy
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Activity: 2660
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 10:58:43 PM |
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Sitarow
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Activity: 1792
Merit: 1047
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April 23, 2015, 11:10:50 PM |
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OMG really people?
To think that someone all of a sudden , being and early bird, would decide to offload all those coins right now is comical.
Plus any moron with half a brain knows that people are always watching, why create panic?
Well, in order to push the price down maybe? but I don't really think that people would go to such lengths as to move their cold storage coins, especially that many. It could simply be someone putting their coins into another form of cold storage. It could also be an exchange shifting around some coins. or it could be someone who wished to use 100btc and deposit into an exchange that has a maximum daily btc withdrawal of 100btc |
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spooderman
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Activity: 1708
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April 23, 2015, 11:55:52 PM |
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people still want bitcoins.
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ChartBuddy
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Activity: 2660
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April 23, 2015, 11:59:14 PM |
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ChartBuddy
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Activity: 2660
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 24, 2015, 12:58:19 AM |
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ChartBuddy
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Activity: 2660
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April 24, 2015, 01:58:22 AM |
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Sitarow
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Activity: 1792
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April 24, 2015, 02:10:38 AM |
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damiano
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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April 24, 2015, 02:29:13 AM |
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Staircasing back down nao?
Fake breakout Bull trap Making lower local lows Looking bad |
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ChartBuddy
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 24, 2015, 02:58:16 AM |
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dropt
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April 24, 2015, 03:11:14 AM |
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Staircasing back down nao?
Fake breakout Bull trap Making lower local lows Looking bad Some sizable buys following the dumps. Don't see much for support tho. |
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Shatoshi
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Activity: 28
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April 24, 2015, 03:15:43 AM |
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Someone was rabbit pumping for a few minutes and then just crapped out.
edit: nope still going. ~200 btc per minute on bitfinex
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derpinheimer
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Activity: 896
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April 24, 2015, 03:27:50 AM |
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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?  |
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Shatoshi
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April 24, 2015, 03:34:41 AM
Last edit: April 24, 2015, 04:49:58 AM by Shatoshi |
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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 sell walls, though I guess I don't know who set up the sell walls. Do you mean it was one manipulator setting up both bids and asks in a tight range?
edit: not buy walls sell walls
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ChartBuddy
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Activity: 2660
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 24, 2015, 03:58:21 AM |
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BayAreaCoins
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AltQuick.com Secretary/PR/Janitor
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April 24, 2015, 04:35:39 AM |
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About shit myself when I saw those 100 coins move from that monster ass wallet.... Going to sit the side lines for this one. Gl and Hf |
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derpinheimer
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Activity: 896
Merit: 1000
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April 24, 2015, 04:44:38 AM |
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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  |
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