Tigggger (OP)
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March 10, 2017, 01:31:54 PM |
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Now that was either a big spike or my charts went haywire :-)
And now they are all being sold again.
Someone's trading bot is about to get a stern telling off I think
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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btcmerich
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March 10, 2017, 01:45:03 PM |
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nah , that was one big dildo and it did trigger some panic buys and then some panic sells hahaaha
i do not think the buying that started it was a misstake. It might be the waiting for verdict buys, there is a big chance that ETF is being approved by default today.
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1Referee
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March 10, 2017, 01:46:41 PM |
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There are a few scenarios possible at this point; # Mistake # Manipulation # Insider trading, which will result in the price to continue its rush. The latter scenario might be very close. I won't be surprised if someone has taken a large position into Bitcoin before it starts to explode as result of what could be an approved ETF. Insider trading is more often than not a common practice. Perhaps that the usually boring weekends will end up to be more than profitable for traders.
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Tigggger (OP)
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March 10, 2017, 01:49:54 PM |
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I'll go with the latter for starting it, then 'mistake' for the follow up with badly programmed trading bots not being able to handle the sudden huge swing.
It was a fun rollercoaster that's for sure
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Sanugarid
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★Bitvest.io★ Play Plinko or Invest!
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March 10, 2017, 02:15:43 PM |
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I'll go with the latter for starting it, then 'mistake' for the follow up with badly programmed trading bots not being able to handle the sudden huge swing.
It was a fun rollercoaster that's for sure
We have no more than 8 hours to wait for the ETF decision. So it is better to be patient before buying.
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btcmerich
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March 10, 2017, 02:26:29 PM |
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I'll go with the latter for starting it, then 'mistake' for the follow up with badly programmed trading bots not being able to handle the sudden huge swing.
It was a fun rollercoaster that's for sure
We have no more than 8 hours to wait for the ETF decision. So it is better to be patient before buying. so we are sure the SEC deadline is today and not on Monday?
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bitjoin
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March 10, 2017, 02:37:31 PM |
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nah , that was one big dildo and it did trigger some panic buys and then some panic sells hahaaha
i do not think the buying that started it was a misstake. It might be the waiting for verdict buys, there is a big chance that ETF is being approved by default today.
Maybe the buying up wasn't a mistake but the dump down? this seems to happen every few months in bitcoin, is it bots or another whale who doesn't understand the trading platform and just market sells ?
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btcmerich
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March 10, 2017, 02:54:32 PM |
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nah , that was one big dildo and it did trigger some panic buys and then some panic sells hahaaha
i do not think the buying that started it was a misstake. It might be the waiting for verdict buys, there is a big chance that ETF is being approved by default today.
Maybe the buying up wasn't a mistake but the dump down? this seems to happen every few months in bitcoin, is it bots or another whale who doesn't understand the trading platform and just market sells ? not bad thinking there , i am sure the spike did trigger alot of sell orders. Sell orders that would have been canceled if the account holder was awake looking at the chart
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york780
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March 10, 2017, 02:56:18 PM |
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300 mln a week = 3 000 000 : 1183 = 2536 btc extra per week --> this means 8.6 % GROWTH EXTRA PER WEEK!!!! And people still saying that ETF isnt a big deal. ETF aproved = every holder with at least 5 btc is rich af.
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teramit
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The Last Cryptocoin Burner
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March 10, 2017, 02:56:29 PM |
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its probably trigger orders, some huge holders put market sale at high prices when prices surged to there with a whale it triggered and also triggered other small orders so sum of all orders created big dump and this dump activated some big buy orders as a result we see this graph.
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Sniper44
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March 10, 2017, 02:58:45 PM |
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this is one of those times that i am laughing at everyone else specially those in the market who were running around not knowing what to do. i always go long and stay safe shorter's faces should be a nice sight right now.
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to the moon with bitcoin...
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