Quantum_Negatum
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July 02, 2013, 12:21:39 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for bid-walling Bitcoin from single to triple digits?
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WaverleyStreet
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July 02, 2013, 12:24:46 AM |
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How can this be? The price on CBx is in the 80's... nice looks like the Wall Street clowns are finally getting down and dirty with those "mystery blocks" everyone has been talking about!!!LOL
>>>WTF!!!!!
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Quantum_Negatum
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July 02, 2013, 12:25:23 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Wouldn't it make more sense to take cash from the IPO to manipulate the price further before cashing out? They might have enough cash and coins to drive the price up and down at will.
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ElectricMucus
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July 02, 2013, 12:27:28 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Wouldn't it make more sense to take cash from the IPO to manipulate the price further before cashing out? They might have enough cash and coins to drive the price up and down at will. Yes, I already mentioned that, it's called propping up and it leads to insane volatility or more specifically flash crashes with crazy rallies in between.
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WaverleyStreet
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July 02, 2013, 12:27:46 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for bid-walling Bitcoin from single to triple digits?
Winklevoss twins = Frankenstein monster twins no doubt!!LMFAO!!!
>>WTF!!!!
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WaverleyStreet
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July 02, 2013, 12:31:52 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Perhaps they want to take the cash from the IPO to manipulate the price further before cashing out?
no me thinks da BTCitcointalkers broke the story!!!
>>>THANK YOU FAMILY!!!~MUCH LOVEEEEEEEE[/b]
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TheKoziTwo
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July 02, 2013, 12:35:46 AM |
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Nice, it seems the trollbox folks have figured out how to join bitcointalk.
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ElectricMucus
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July 02, 2013, 12:38:52 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Wouldn't it make more sense to take cash from the IPO to manipulate the price further before cashing out? They might have enough cash and coins to drive the price up and down at will. Yes, I already mentioned that, it's called propping up and it leads to insane volatility or more specifically flash crashes with crazy rallies in between. The IPO IS them cashing out. Yes they can use their own cash to manipulate the price prior to an IPO, but that would mean buying more coins, the very things they are trying to get rid of. A dangerous game, especially in what is looking more and more like a bear market. And very telling that they applied at time when the price was at the psychologically significant $100 mark. Smells of FEAR to me. Perhaps they are the reason for the gap between us and other exchanges right now as they try to prop up the price Yes it would lead to them buying more coins, but it doesn't require irrational acting (on their part and on their clients), you are right the outcome would be disastrous. It's a bitter-sweet paradise for daytraders... since it increases both chaos and potential gains.
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humanitee
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July 02, 2013, 12:40:09 AM |
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The IPO IS them cashing out. Yes they can use their own cash to manipulate the price prior to the IPO, but that would mean buying more coins, the very things they are trying to get rid of. A dangerous game, especially in what is looking more and more like a bear market. And very telling that they applied at time when the price was at the psychologically significant $100 mark. Smells of FEAR to me. Perhaps they are the reason for the gap between us and other exchanges right now as they try to prop up the price
Pretty sure it's Newt Gingrich with all that green from his moon mining operation.
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Dalib
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July 02, 2013, 12:40:15 AM |
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According to the chart, it looks like a possible stabilization (end of this wave), at least for the next few days. Of course it will be safer after several hours. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2FigNEZkhy%2F&t=665&c=RRdfIK8p47NFEw)
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derpinheimer
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July 02, 2013, 12:42:33 AM |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Wouldn't it make more sense to take cash from the IPO to manipulate the price further before cashing out? They might have enough cash and coins to drive the price up and down at will. Yes, I already mentioned that, it's called propping up and it leads to insane volatility or more specifically flash crashes with crazy rallies in between. The IPO IS them cashing out. Yes they can use their own cash to manipulate the price prior to the IPO, but that would mean buying more coins, the very things they are trying to get rid of. A dangerous game, especially in what is looking more and more like a bear market. And very telling that they applied at time when the price was at the psychologically significant $100 mark. Smells of FEAR to me. Perhaps they are the reason for the gap between us and other exchanges right now as they try to prop up the price I wonder what would happen if they [or someone else] sold btc-e, bitstamp, and campBx all down to $0 at once.. Would Gox react? I think people would be in denial until people came on here and said, no here's proof of by $1.20 bid being filled! LOL
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seleme
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July 02, 2013, 12:42:46 AM |
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Stabilization? It's almost 10% down today and last dip was hour ago (well, that one was 10%). How the hell any chart can call show that as stabilization? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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hlynur
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July 02, 2013, 12:48:49 AM |
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Nice, it seems the trollbox folks have figured out how to join bitcointalk.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FrzZ7CU8.gif&t=665&c=ys53MSY0t86UmA) felt just like a hiccup during my evening read through the blog
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dwdoc
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July 02, 2013, 12:49:44 AM |
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Winkle-bounce?
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seleme
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July 02, 2013, 12:50:01 AM |
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450 buys at 90, that's some balls
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Dalib
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July 02, 2013, 12:57:20 AM |
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Stabilization? It's almost 10% down today and last dip was hour ago (well, that one was 10%). How the hell any chart can call show that as stabilization? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I thought the end of this wave, temporary miminum 86 and the possible development up but probably lower than we were. We still have a down trend. something like this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2F8UcZhQSF%2F&t=665&c=9fO5gr2PX0lXOw) But it could obviously be even otherwise. It's just one of the possibilities for further development. Mid-term is still obviously: down trend ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2F2dvam7cl%2F&t=665&c=2iD1s3jlJl2a3w)
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ChartBuddy
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July 02, 2013, 01:01:15 AM |
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seleme
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July 02, 2013, 01:01:49 AM |
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Well, I obviously don't have idea what's going to happen or I'd be millionaire already ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but right now it's bearish pretty much. We'll see where it will end.. 85/86 walls are first line of defence now.
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Quantum_Negatum
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July 02, 2013, 01:08:11 AM |
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If everything goes smoothly, when is the soonest that the twins can start selling shares?
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Dalib
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July 02, 2013, 01:08:53 AM |
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Well, I obviously don't have idea what's going to happen or I'd be millionaire already ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but right now it's bearish pretty much. We'll see where it will end.. 85/86 walls are first line of defence now. I agree that it is very bearish. I expect resistance above $ 90, so so maybe next fall ... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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