Mervyn_Pumpkinhead
Legendary
 Offline
Activity: 876
Merit: 1000
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October 06, 2014, 06:06:28 AM |
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Honestly an SR person going to jail and therefore not able to sell their coins during the massive peak, who was then recently released and decided to sell them to become a millionaire is just as good as a hypothesis as any other. It would also account for a potentially non-economically minded person to create one huge sell wall and not bump the price up as the market ate into it so quickly.
Btw, the one big wall tactic isn't necessarily inefficient, when you're in a hurry and unable to break a good enough OTC deal. |
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lyth0s
Legendary
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Activity: 1260
Merit: 1001
World Class Cryptonaire
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October 06, 2014, 06:06:55 AM |
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Font size can only be 10 times the size of your epeen.
What's an 'epeen'?  internet slang for ego, pride, or attitude in the virtual world. long standing net definition for the age old "bigger penis" arguement. "I just slaughtered 28 people in that game of Battlefield 2 and never died. Man my e-p33n feels huge." |
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 06, 2014, 06:07:42 AM |
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Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/ electronic penis.. basically internet bragging rights. You boys and your penises...you now have electronic ones too. Sheesh, I feel old.  |
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Newar
Legendary
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Activity: 1358
Merit: 1003
https://gliph.me/hUF
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October 06, 2014, 06:09:08 AM |
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Dumpers seem to have taken a break.
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lyth0s
Legendary
Offline
Activity: 1260
Merit: 1001
World Class Cryptonaire
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October 06, 2014, 06:12:59 AM |
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Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/ electronic penis.. basically internet bragging rights. You boys and your penises...you now have electronic ones too. Sheesh, I feel old. New to the internet I see... |
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lyth0s
Legendary
Offline
Activity: 1260
Merit: 1001
World Class Cryptonaire
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October 06, 2014, 06:16:34 AM |
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Alright guys I got work in the morning. Keep chunking away at that wall for me  --Lyth |
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mooncake
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October 06, 2014, 06:16:51 AM |
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But why are people buying instead of dumping?
We went all the way down from $1,200 to $300. We are in a bear market.
Just because a 30,000BTC sell wall appears out of nowhere, everyone needs to buy into that wall?
Makes no sense to me!
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wasserman99
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October 06, 2014, 06:18:17 AM |
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Dumpers everywhere...
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solex
Legendary
Offline
Activity: 1078
Merit: 1007
100 satoshis -> ISO code
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October 06, 2014, 06:20:54 AM |
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But why are people buying instead of dumping?
We went all the way down from $1,200 to $300. We are in a bear market.
Just because a 30,000BTC sell wall appears out of nowhere, everyone needs to buy into that wall?
Makes no sense to me!
Seems like only you and Mr. Whalewall haven't heard the news. Bear market is over, bull market revving up! |
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 06, 2014, 06:21:36 AM |
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Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/ electronic penis.. basically internet bragging rights. You boys and your penises...you now have electronic ones too. Sheesh, I feel old. New to the internet I see... Only since 1995 but I use it mainly for serious stuff; so slang for penis measuring is indeed a new one for me, thanks for revealing something new (as it were ). |
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 06, 2014, 06:23:21 AM |
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Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/ electronic penis.. basically internet bragging rights. You boys and your penises...you now have electronic ones too. Sheesh, I feel old. New to the internet I see... I had to google it too. Kids these days LOL! Adam must be HUNG! +1 LOL  etc |
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porcupine87
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October 06, 2014, 06:23:36 AM |
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So finally the stable price. Who needs Nubits? We need a huge buy wall at 299
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 06, 2014, 06:25:11 AM |
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meanwhile...
13 939
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DaRude
Legendary
Offline
Activity: 3104
Merit: 2007
In order to dump coins one must have coins
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October 06, 2014, 06:25:36 AM |
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Few options as i see them:
1-He's an idiot/doesn't like money
2-He's a robin hood trying to spread wealth
3-It's manipulation in which case he has to have many more coins to drive the price even lower for rebuy (very risky and highly unlikely at these levels).
Market wants to go up. For 1 & 2 it'll shoot up once the wall is gone. Oddly enough leaning towards #2
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Newar
Legendary
Offline
Activity: 1358
Merit: 1003
https://gliph.me/hUF
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October 06, 2014, 06:26:01 AM |
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So finally the stable price. Who needs Nubits? We need a huge buy wall at 299
Stable for ~10 more hours, if that. The interesting bit will be afterwards |
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explorer
Legendary
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Activity: 2016
Merit: 1259
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October 06, 2014, 06:27:41 AM |
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So finally the stable price. Who needs Nubits? We need a huge buy wall at 299
hundreds sold @ 299.99(bid wall) in the early hours of the Spartan Wall. Looks like we are about at the 1/2 way point to wearing it down now (IIRC the final placement was for about 27k) |
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DaRude
Legendary
Offline
Activity: 3104
Merit: 2007
In order to dump coins one must have coins
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October 06, 2014, 06:28:12 AM |
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But why are people buying instead of dumping?
We went all the way down from $1,200 to $300. We are in a bear market.
Just because a 30,000BTC sell wall appears out of nowhere, everyone needs to buy into that wall?
Makes no sense to me!
Because we can now see the reason for the bear market. One entity with deep pockets who finally showed itself. Market doesn't like unknown. Looks like the 30k wall is it's last hooray... |
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beetcoin
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October 06, 2014, 06:29:35 AM |
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So finally the stable price. Who needs Nubits? We need a huge buy wall at 299
Stable for ~10 more hours, if that. The interesting bit will be afterwards yeah im trying to decide if i should re-buy the coin i sold today. it's probably a good idea since we're seeing so much resistance, or "people gobbling up coins at $300." |
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yokosan
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October 06, 2014, 06:29:55 AM |
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this is what happens when you invest in magic internet money....
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 06, 2014, 06:30:53 AM |
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Few options as i see them:
1-He's an idiot/doesn't like money
2-He's a robin hood trying to spread wealth
3-It's manipulation in which case he has to have many more coins to drive the price even lower for rebuy (very risky and highly unlikely at these levels).
Market wants to go up. For 1 & 2 it'll shoot up once the wall is gone. Oddly enough leaning towards #2
Why do you discount 3? Last night he market sold 8K. another move like that would trigger and extreme panic (8K alone gets us into 210 region before everyone else panics). He then buys up new coins at whatever new low we sink to using the 5MUSD he's just accumulated in the last 5 hours at 300. The more I consider this the more likely I think it could be....he's exhausted buyers. |
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