knight22
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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
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Activity: 1708
Merit: 1047
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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
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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
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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
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Activity: 1904
Merit: 1038
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
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Activity: 1708
Merit: 1047
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October 06, 2014, 04:35:16 AM |
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chomp chomp mother fucker
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lyth0s
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Activity: 1260
Merit: 1001
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
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 06, 2014, 04:35:43 AM |
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adamstgBit
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Activity: 1904
Merit: 1038
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
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Activity: 2800
Merit: 1023
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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
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Activity: 1708
Merit: 1047
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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
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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
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Activity: 2800
Merit: 1023
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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: 2800
Merit: 1023
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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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spooderman
Legendary
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Activity: 1708
Merit: 1047
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October 06, 2014, 04:41:15 AM |
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Honestly this is fucking madness. Weeks of constant sellings over and over again. And after this wall suddenly EVERYONE IS A BULL. Means all selling was done by one entity? Or that every single bear has been convinced of a turn around. ugh looks like someone has started dumping in front of the wall now  |
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spooderman
Legendary
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Activity: 1708
Merit: 1047
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October 06, 2014, 04:41:44 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? Not if people start selling below the wall *groans* |
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lyth0s
Legendary
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Activity: 1260
Merit: 1001
World Class Cryptonaire
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October 06, 2014, 04:41:54 AM |
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15758 coins left. Chomp chomp.
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cbeast
Donator
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Activity: 1736
Merit: 1037
Let's talk governance, lipstick, and pigs.
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October 06, 2014, 04:42:17 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? He means that perhaps this is all just a mistake by a megabullwhale with more bitcoins than sense and that it has nothing to do with the Bitcoin ecosphere. |
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