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Author Topic: Someone buying thousands of BTC on Bitstamp, HUGE bids of over 1000 [btc]...  (Read 950 times)
SirWilliam (OP)
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February 26, 2014, 11:20:44 PM
 #1

Any ideas who is accumulating such a huge amount? Hedge fund? Financial institution? Looks like the big boys think this is the bottom and want in and the price is reflecting it...
Stevets
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February 26, 2014, 11:26:11 PM
 #2

Government bailout of MtGox [Edit: I want to make sure you know I am being sarcastic. I am like that and should include a  Grin]
Ianwhitbread
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February 26, 2014, 11:36:21 PM
 #3

just been removed, must have got cold feet
NLNico
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February 26, 2014, 11:37:38 PM
 #4

Just big (fake) buy/sell walls nothing special :p

edit: I mean you can see this all the time, just a big trader.

iram3130
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February 26, 2014, 11:40:39 PM
 #5

That could be Chinese? They are buying in thousands every hour.

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SirWilliam (OP)
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February 27, 2014, 01:30:06 AM
 #6

Actually it is a big deal, about to smash $600. Watch the trades, massive buying going on. Even using fake ask walls to get pikers to give it up. Definitely accumulation by a very large investor taking place. I have 26 years experience in equities and the pattern here is clear. Now eating through another 1000+ coins at 599 like Paula Deen going down on a stick of butter...
TrailingComet
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February 27, 2014, 03:08:39 PM
 #7

most likely a hedgie or a family office buying here

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