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AirFlame
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October 05, 2014, 08:35:38 PM |
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Nice jump from $275  maybe not over YET !
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bitcodo
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October 05, 2014, 08:36:08 PM |
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3 years ago, 30k BTC was easily a sum that could be earned by an mediocre SR drug dealer.
It's all an exciting world of conspiracies for the average bitcoiner. All the drops surely have to be apart of some bigger scheme, that probably involves key power players of global magnitude. This is all exciting and fun! It would be boring to just admit that the big majority of bitcoins are held by unknown people with unknown intentions. Because you would have to remember, that only a small fraction has been publicly claimed, with also stating the owners intentions.
Worrisome fact.
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mccoyspace
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October 05, 2014, 08:36:18 PM |
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That 30K wall is Draper cutting his losses.
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blade87
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October 05, 2014, 08:36:24 PM |
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He's going to have to dump again because there is some upward pressure.
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prophetx
Legendary

Activity: 1680
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 08:36:51 PM |
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That 30K wall is Draper cutting his losses.
no
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Erdogan
Legendary

Activity: 1512
Merit: 1005
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October 05, 2014, 08:37:21 PM |
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The old fractional reserve proposition. We will never know for shure, but luckily we have many bourses now, not just one.
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podyx
Legendary

Activity: 2338
Merit: 1035
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October 05, 2014, 08:39:34 PM |
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I think we will start chewing into that massive wall if it doesn't get removed sooner or later
Might take a few days though
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tbcoin
Legendary

Activity: 1022
Merit: 1000
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October 05, 2014, 08:40:16 PM |
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myworkaccount
Newbie

Activity: 13
Merit: 0
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October 05, 2014, 08:40:41 PM |
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I think we'll see a test pump this week
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criptix
Legendary

Activity: 2464
Merit: 1145
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October 05, 2014, 08:40:46 PM |
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miner need to eat too you know Beware: that chart is buggy, the last data point is often garbage. And there is no one at blockchain.info to fix it, apparently. True, it happened already, but glitched always to the downside and in a much dramatic way. This one seems plausible (still scary) check coinorama, go to the 1 day chart, some farms went online yesterday/today and broke 500 ph/s o_O btw. if you look at stamp, i see pretty much only buys. with a ratio of like 20+ btc buys to 1 btc sell, what does this mean? 
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blade87
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October 05, 2014, 08:41:22 PM |
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I think we will start chewing into that massive wall if it doesn't get removed sooner or later
Might take a few days though
I'm thinking he might of screwed up. He took it down to the previous ATH when he should have just plowed through it while there was no buy support around it. Maybe he was hoping the market was going to take over. Now it's filling in and going to be more difficult to get it down there. Or maybe he bought all those coins at $2XX. Or maybe he just letting support fill in so he can dump more. Ugh, whale games.
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manfred
Legendary

Activity: 966
Merit: 1001
Energy is Wealth
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October 05, 2014, 08:42:10 PM |
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I think we will start chewing into that massive wall if it doesn't get removed sooner or later
Might take a few days though
That wall want be there once new fiat arrives on the exchange
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Erdogan
Legendary

Activity: 1512
Merit: 1005
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October 05, 2014, 08:42:13 PM |
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The great dumpers should be required to write their intensions into the 90 day moving average, just to help the chartists make their daily coins!
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keewee
Legendary

Activity: 1025
Merit: 1000
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October 05, 2014, 08:43:17 PM |
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miner need to eat too you know Beware: that chart is buggy, the last data point is often garbage. And there is no one at blockchain.info to fix it, apparently. True, it happened already, but glitched always to the downside and in a much dramatic way. This one seems plausible (still scary) check coinorama, go to the 1 day chart, some farms went online yesterday/today and broke 500 ph/s o_O btw. if you look at stamp, i see pretty much only buys. with a ratio of like 20+ btc buys to 1 btc sell, what does this mean?  It means the wall owner is buying below 320
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prophetx
Legendary

Activity: 1680
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 08:43:43 PM |
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The great dumpers should be required to write their intensions into the 90 day moving average, just to help the chartists make their daily coins!
hopefully he will an AMA on /r/bitcoin when he is finished with whatever he is doing
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fonzie
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October 05, 2014, 08:44:17 PM |
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zakalwe
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October 05, 2014, 08:44:30 PM |
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I think we will start chewing into that massive wall if it doesn't get removed sooner or later
Might take a few days though
I'm thinking he might of screwed up. He took it down to the previous ATH when he should have just plowed through it while there was no buy support around it. Maybe he was hoping the market was going to take over. Now it's filling in and going to be more difficult to get it down there. Not to say... he doesn't have the BTC to still do it or anything like that. If he leves the wall as soon as get eaten he removes it out at warp speed. Guarantee. 
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razibuzouzou
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October 05, 2014, 08:46:16 PM |
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check coinorama, go to the 1 day chart, some farms went online yesterday/today and broke 500 ph/s o_O
Beware of 1day hashrate chart, it is highly sensitive to luck as it's only ~144 blocks window (however, a spike definitely occured, at least 10 PH/s)
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TooDumbForBitcoin
Legendary

Activity: 1638
Merit: 1001
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October 05, 2014, 08:46:36 PM |
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No home movies on the forums, please.
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blade87
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October 05, 2014, 08:49:06 PM |
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Guys, we've been in a steep uptrend for a whole 6 hours!
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