lambdaE
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November 06, 2013, 07:38:44 PM |
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and the remaining 6500 he is now showing at 266.9.
All he wants is cashing out at this level. I guess no move upwards until he is done
Good game. The trickier part will be to get the USD out of MtGox He wont get it out of MtGox, so new wall under 260, cool
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yogi
Legendary
Offline
Activity: 947
Merit: 1042
Hamster ate my bitcoin
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November 06, 2013, 07:45:52 PM |
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and the remaining 6500 he is now showing at 266.9.
All he wants is cashing out at this level. I guess no move upwards until he is done
Good game. The trickier part will be to get the USD out of MtGox He wont get it out of MtGox, so new wall under 260, cool It's my understanding that the gox order-book shows all currencies, so they may not be trading to USD, but some other currency that he can withdraw.
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 06, 2013, 07:55:59 PM |
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look at bid wall on bitstamp...
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phlogistonq
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November 06, 2013, 07:58:41 PM |
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Alternative hypotheses:
1. He actually wants to buy a certain amount of coins below this price. So, the wall prevents the price form going up and he buys everything that appears under his wall in the orderbook, then lifts the wall when he has enough.
2. Someone found his old wallet with 10k coins, similarly to that Norwegian guy, and decided to cash out immediately. Without checking how best to go about it. Fortunately, he did not click 'sell now'.
3. Gox is gambling with our coins in hopes of solving their probable liquidity problem.
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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November 06, 2013, 07:58:57 PM |
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look at bid wall on bitstamp...
Its.. the same as it has been for.. quite awhile?
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yogi
Legendary
Offline
Activity: 947
Merit: 1042
Hamster ate my bitcoin
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November 06, 2013, 08:02:18 PM |
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It could be arbitrage between gox and bitstamp to bring them back into alignment. The gap is closing, now only $3-ish difference.
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lnternet
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November 06, 2013, 08:07:50 PM |
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yeah how did this gap close so quickly? did I miss some gox news?
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1ntemetqbXokPSSkuHH4iuAJRTQMP6uJ9
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 06, 2013, 08:22:26 PM |
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maybe they aren't selling on gox because they know the money is not real
lol
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P_Shep
Legendary
Offline
Activity: 1795
Merit: 1208
This is not OK.
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November 06, 2013, 08:39:25 PM |
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Now only a few cents! That hasn't happened for a while.
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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November 06, 2013, 09:58:16 PM |
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Now only a few cents! That hasn't happened for a while.
what will happen? Exciting !!! Serious buying @bitstamp, I bet the wall goes down!!!
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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November 06, 2013, 09:58:46 PM |
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maybe they aren't selling on gox because they know the money is not real
lol
or maybe it is Mark Karpeles himself...
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hahahafr
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November 07, 2013, 12:53:26 AM |
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In all seriousness it very well might be, because there's little logical reasons to sell that much coins on mtgox right now... On an exchange where you can get your usd maybe, but not on mtgox...
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bitleif
Sr. Member
Offline
Activity: 351
Merit: 250
I'm always grumpy in the morning.
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November 07, 2013, 10:56:14 AM |
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Anyone who paid attention over the night know what happened to the wall? Did it get pulled or did we buy right through it?
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Ivanhoe
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November 07, 2013, 11:25:52 AM |
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Anyone who paid attention over the night know what happened to the wall? Did it get pulled or did we buy right through it?
Bought right through the mofo.
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