What is the logical explaination for a single 5k buy causing 10 dollar slippage?

[bitdominion]

I'm sorry but the syntax you used in your answer makes it hard to understand. There was no sale happening, a buy of 5k happened and then another 4k were absorbed at 110 and did not stop the price from falling into 106. I think there was no way to make profit with these 4k coins bought at 110.

I  guess I could understand the reasoning behind the 5k buy but why put a wall at 110?

I see (additionally) why my response was confusing: I'm still analysing the data drops on 08-Jun-2013. Sorry for the confusion.
Though I did see the spike on 10-Jun I wasn't watching at the time. Unsure as to his/her intent... though the median was 107 after the fallout from that spike from a low of 104 just prior; again depending on where the bulk of his volumes were he may have not realised as much profit pushing into the 110 and above range? Chances are he bought allot of bite-size chunks in the 90's range just before that in order to maximise that spike?

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[lucas.sev]

I'm sorry but the syntax you used in your answer makes it hard to understand. There was no sale happening, a buy of 5k happened and then another 4k were absorbed at 110 and did not stop the price from falling into 106. I think there was no way to make profit with these 4k coins bought at 110.

I  guess I could understand the reasoning behind the 5k buy but why put a wall at 110?

I see (additionally) why my response was confusing: I'm still analysing the data drops on 08-Jun-2013. Sorry for the confusion.
Though I did see the spike on 10-Jun I wasn't watching at the time. Unsure as to his/her intent... though the median was 107 after the fallout from that spike from a low of 104 just prior; again depending on where the bulk of his volumes were he may have not realised as much profit pushing into the 110 and above range? Chances are he bought allot of bite-size chunks in the 90's range just before that in order to maximise that spike?

The bulk buy is not puzzling, the puzzling thing is that 50% of coins bought were at 110, while other 50% were between 110 and 100.

[Rampion]

Manipulating the market medium-long term provides enough gains to allow for such losses, or, fat fingers.

What I want to know though, how these gains can be made by this 5k buy + 4k wall stunt?

My assumption is that the person was hoping the 4k wall would stabilize the price.  It didn't, and he lost money.

Not everything works out perfectly for the big-money investors.

So you think his stunt has failed?

From the face of it, it appears so.

I can't think of any valid strategy where a bid wall eaten through is a positive for the bid wall owner.

I can. Put your bid near important support points where you expect the price to rebound up.

[bitdominion]

I'm sorry but the syntax you used in your answer makes it hard to understand. There was no sale happening, a buy of 5k happened and then another 4k were absorbed at 110 and did not stop the price from falling into 106. I think there was no way to make profit with these 4k coins bought at 110.

I  guess I could understand the reasoning behind the 5k buy but why put a wall at 110?

I see (additionally) why my response was confusing: I'm still analysing the data drops on 08-Jun-2013. Sorry for the confusion.
Though I did see the spike on 10-Jun I wasn't watching at the time. Unsure as to his/her intent... though the median was 107 after the fallout from that spike from a low of 104 just prior; again depending on where the bulk of his volumes were he may have not realised as much profit pushing into the 110 and above range? Chances are he bought allot of bite-size chunks in the 90's range just before that in order to maximise that spike?

The bulk buy is not puzzling, the puzzling thing is that 50% of coins bought were at 110, while other 50% were between 110 and 100.

Then I agree with the others to say he most likely miscalculated.... though who knows where he bought and where he want the turn to adjust to. Chances are the person responsible for the cascade from 130 - 94 in the past week is the same person with the purchasing power of 10k+ btc. So this person or group will win all the way through. and back to market parity.

[prof7bit]

The bulk buy is not puzzling, the puzzling thing is that 50% of coins bought were at 110, while other 50% were between 110 and 100.

This happens when you enter a bid for 9k @ $110 while the price is still lower than 110. This works like a market order with an upper price limit. It bought everything up to and including 110 and then left the remainder as a limit buy at 110. So it doesn't need to be some complicated strategy to produce these symptoms, just a simple "buy 9k at 110" and then click "ok". It might also have been an accident, maybe he confused buy and sell and actually wanted to enter a limit sell: "sell 9k at 110" but accidentally was on the wrong tab.

[lucas.sev]

The bulk buy is not puzzling, the puzzling thing is that 50% of coins bought were at 110, while other 50% were between 110 and 100.

This happens when you enter a bid for 9k @ $110 while the price is still lower than 110. This works like a market order with an upper price limit. It bought everything up to and including 110 and then left the remainder as a limit buy at 110. So it doesn't need to be some complicated strategy to produce these symptoms, just a simple "buy 9k at 110" and then click "ok". It might also have been an accident, maybe he confused buy and sell and actually wanted to enter a limit sell: "sell 9k at 110" but accidentally was on the wrong tab.

How a simple fuckup causes trend reversal 

[bitdominion]

My how things have changed.