BBmmBB
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Activity: 56
Merit: 0
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October 06, 2014, 04:30:22 AM |
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thats just isnt going to work
he's not going to be able to buy back all the coins he sold without pushing price up, i would think...
$199 and we see $150 then we are almost home ...square 1 lol  |
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solex
Legendary
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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October 06, 2014, 04:30:48 AM |
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Also, is the bid sum dropping by the equivalent amount every nibble? Or is this fiat mostly invisible?
It looks like $1m has come from the visible orderbook since the 30k appeared, so about $3m more of the buying was from hidden fiat. http://coinsight.org/bitstampguys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
About 5k was dumped in the market, and rest left at $300, after moving it around a few times. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 06, 2014, 04:30:53 AM |
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guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 06, 2014, 04:31:38 AM |
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LOL we're the new wealthy elite boys!!
remember when we come up the SHOW GOES ON
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knight22
Legendary
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Activity: 1372
Merit: 1000
--------------->¿?
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October 06, 2014, 04:32:24 AM |
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guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten The market is hungry for cheap coins. |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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October 06, 2014, 04:32:57 AM |
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This is my first time losing sleep. Even drugs aren't helping.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 06, 2014, 04:33:05 AM |
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guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten The market is hungry for cheap coins. yy, u know the bulls gotta eat  |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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October 06, 2014, 04:33:35 AM |
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While these coins are cheap, its more scary that this large whale is most likely exiting the btc market. Not good to see big money go out the door.
I think it's good as long as many buyers are buying. Distribute all the coins! Unfortunately I fear that now is one of these times when only few have the balls to buy. The masses? Probably not. The few who buy when there's blood on the streets are the ones who clean up. All of those Russian oligarchs bought up shares of gazprom and the other formerly state-owned businesses for pennies on the dollar. WE buy when it's low and sell to the momentum monkeys during the next bubble. (then buy them all back at half price afterward) |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 06, 2014, 04:34:25 AM |
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i wonder what will happen after the wall was torn down, will this manbearwhale transformed into manbullwhale and buy all the way up to 3000usd ?
Or market sell another 20K BTC to crash the price, cause a panic, and buy back well below the $300 he's getting now?  thats just isnt going to work he's not going to be able to buy back all the coins he sold without pushing price up, i would think... Unless he places staggered bids starting down from the bottom of his market sell and lets the panickers fill them. the markets don't seem very panicky even when faced with 30K ask wall after a huge volume day making a new all time recent lows... idk, i just don't see it happening |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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October 06, 2014, 04:35:16 AM |
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chomp chomp mother fucker
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lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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October 06, 2014, 04:35:29 AM |
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A viable proposal from another thread -
"I've wondered whether the Oct 15 deadline for US income tax might be playing a role. Someone who needed to sell bitcoin to pay 2013 income taxes may have taken the 6-month extension, thinking / hoping that the next bubble would have at least started by now. "
This would really make sense. The whale spent the last few days trying to get the best price possible, and now is left with setting up a wall that will get eaten hopefully in a day or two. Once eaten, it takes a few days to get the cash off of the exchange and off to the IRS.
Seems VERY bullish to me.
How is that bullish? |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 06, 2014, 04:35:43 AM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 06, 2014, 04:36:37 AM |
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this is amazing!
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molecular
Donator
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Activity: 2772
Merit: 1019
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October 06, 2014, 04:36:46 AM |
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guys, I just got up. Can someone give me a quick history (last ~6 hours) of that wall on stamp?
How big was it when it was put there? 17k?
Was the ~7k eaten or was the wall partly pulled?
Was 28k before so about 11k has been eaten wow. That's quite bullish. Also the fact that it doesn't seem to scare the market. Thanks for the info everyone. |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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October 06, 2014, 04:37:04 AM |
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I haven't felt so bullish in a long time. Perhaps since SR crash.
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heartastack
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October 06, 2014, 04:37:31 AM |
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Can someone chart this action then set up a bookie to leverge this highly speculative derivitive platform? |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 06, 2014, 04:38:01 AM |
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I haven't felt so bullish in a long time. Perhaps since SR crash.
Same here lol |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 06, 2014, 04:39:57 AM |
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I just hope my fiat will arrive in time to catch this price
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molecular
Donator
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Activity: 2772
Merit: 1019
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October 06, 2014, 04:40:29 AM |
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this is amazing!
It is... I tend to see things as bullish rather than bearish (can't help it), but this one makes it easy, no? |
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molecular
Donator
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Activity: 2772
Merit: 1019
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October 06, 2014, 04:41:02 AM |
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I just hope my fiat will arrive in time to catch this price
You're probably not alone. |
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