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esse83
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August 28, 2014, 09:38:20 PM |
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the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?
Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible
Yes, this is what the willy bot did.. spent hundreds of millions of dollars, that didnt exist, to artificially inflate the price, to buy real bitcoins. Then, they became insolvent. Where are the bitcoins? Who knows.. There was no bitcoins, the cyber police of Japan found 27k missing btc. That's it. It was all fake numbers. And also, the 200k btc found was actually Marks personal coins. So back in 2011 when he did the solvency proof he didn't have 400k+ btc from customers, but actually only 200k+. |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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August 28, 2014, 09:39:02 PM |
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Nope, if they wanted to sell, there are bidwalls flashing on bitstamp too. They'd take them.. for $1 less than they were asking.
(Bid wall as large as 2k has flashed at $509)
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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August 28, 2014, 09:39:55 PM |
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Bfx and Stamp: buy or keep running away? You are almost in a corner already.
Make up your mind.
Trust me, it's down. These walls are not fake, they really want to sell them at this price. Contemplate that for a moment. Mark selling his stash. I'm out here... need some sleep. Nite everyone. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 28, 2014, 09:59:24 PM |
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gnode
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August 28, 2014, 10:03:01 PM |
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Maybe the Winklevoss twins are selling because they know the ETF will not be approved?
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Yololintian
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August 28, 2014, 10:07:34 PM |
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Hey guise! Did u happen to notice that huge bid wall at 506 on bitstamp? It must be miners trying to manipulate the price up so they can sell their coins for a lot more than they are worth OTC. There's no other explanation that makes sense.
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esse83
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August 28, 2014, 10:09:02 PM |
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Maybe the Winklevoss twins are selling because they know the ETF will not be approved?
Maybe this or maybe that, who cares. The price will keep going down for the rest of the year. |
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kryptopojken
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August 28, 2014, 10:10:21 PM |
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Maybe the Winklevoss twins are selling because they know the ETF will not be approved?
Maybe this or maybe that, who cares. The price will keep going down for the rest of the year. In december you will all salivate over selling it at $500. I really disagree. However it does look pretty nasty super short term |
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xyzzy099
Legendary
Offline
Activity: 1062
Merit: 1041
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August 28, 2014, 10:26:26 PM |
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These guys seem to be working on some zero-knowledge-proof solution, but it's hard to dig out any details from he site. I think the project may still be pretty immature: http://www.bitcongress.org/ |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 28, 2014, 10:32:37 PM |
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i thought after 5K coins traded at this level the walls would get busted one way or another, but no... we've traded over 10K now and still no movement...
On Stamp? 10K? In what time period? (still catching up on posts) the 12hour period we talked about. |
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illyiller
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August 28, 2014, 10:38:42 PM |
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if the walls were to market sell, the price would barely go down $10 lol , not exactly scary.
It's not the initial price drop that is scary. What is scary is what comes after. We are in a tight range, and once a market maker chooses the direction, the traders will follow. |
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creekbore
Full Member
Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
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August 28, 2014, 10:40:19 PM |
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i thought after 5K coins traded at this level the walls would get busted one way or another, but no... we've traded over 10K now and still no movement...
On Stamp? 10K? In what time period? (still catching up on posts) the 12hour period we talked about. In the 12hour period we were talking about the volume was about 3K on Stamp. |
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bigdave
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August 28, 2014, 10:40:51 PM |
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If we had volume these walls would be nothing. Right now its pathetic.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 28, 2014, 10:43:11 PM |
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i thought after 5K coins traded at this level the walls would get busted one way or another, but no... we've traded over 10K now and still no movement...
On Stamp? 10K? In what time period? (still catching up on posts) the 12hour period we talked about. In the 12hour period we were talking about the volume was about 3K on Stamp.  i count 4.2K i think the point i made was proven right... walls are nothing compared to the actual vol that happens in front of them. |
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gnode
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August 28, 2014, 10:51:19 PM |
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It looks like this is just an accumulation game. Stick up sell walls and buy everything that people put up for sell right below the walls.
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fonzie
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August 28, 2014, 10:52:49 PM |
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Will/Can China rape the wall guy?
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 28, 2014, 10:54:22 PM |
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stay tuned and find out
shes gonna pop tonight i can feeeeel it
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 28, 2014, 10:59:32 PM |
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fonzie
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August 28, 2014, 11:00:21 PM |
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hd060053
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August 28, 2014, 11:00:42 PM |
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not funny that such "small" walls have so much weight. 1 year ago, there were >10k walls on gox, this was really entertaining  |
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