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Author Topic: Massive 800+ BTC buy wall of LTC  (Read 2595 times)
johnj (OP)
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October 28, 2011, 06:11:58 AM
 #1

Putting all that BTC on the front line like that is kinda ballsy



Grats to everyone involved in LTC, looks like some folks are starting to notice.

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kokjo
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October 28, 2011, 06:14:34 AM
 #2

pump 'n' dump!

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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October 28, 2011, 06:47:12 AM
 #3

Maybe some really likes Coblee and hates Solidcoin would be my guess  Grin Grin Grin

Thx for supporting LTC  Smiley
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October 29, 2011, 05:18:50 PM
 #4

there's money to be made in LTC
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October 29, 2011, 07:10:22 PM
 #5

To people that hold over 100,000 BTC, a buy wall of 869 BTC is nothing. Besides you can always sell them later.
869 BTC is actually quite sizable, even to those with 60K BTC :shrug:

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October 29, 2011, 07:29:32 PM
 #6

I think is overdue that something like that happens, but I guess the time is right anyone stupid enough participate in the recent sell-off left the scene and cryptoexchange opens in two days..
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October 29, 2011, 07:40:56 PM
 #7

$3k is a decent amount of money to most people.

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October 30, 2011, 06:35:55 PM
 #8

I'm not sure if this is pump and dump or something else...  The wall keeps moving down but the amount put up is getting progressively slower.  I think this person might be trying to buy all the LTC possible, there isn't that much LTC out there so to buy all of it and keep it out of circulation is really easy at this point.

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October 30, 2011, 06:48:36 PM
 #9

I'm not sure if this is pump and dump or something else...  The wall keeps moving down but the amount put up is getting progressively slower.  I think this person might be trying to buy all the LTC possible, there isn't that much LTC out there so to buy all of it and keep it out of circulation is really easy at this point.
He obviously is trying to get as much litecoin he can from the current market.
That isn't classical pump & dump but rather how 'smart money' wold react. Pump & Dump would try to keep as close to the best bid as possible.

Think of it: if you already have plenty of BTC it is a great opportunity to double your net-worth long time.
I hope people get this and don't sell into this wall. Because if they would we would have a worse situation than Bitcoin already has if Litecoin ever were to be accepted in a way like Namecoin has become.
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October 30, 2011, 08:23:43 PM
 #10

there's money to be made in LTC

Homer: [pause] Yeah, that's right, Barney.  This year, I invested in
        pumpkins.  They've been going up the whole month of October and
        I got a feeling they're going to peak right around January.
        Then, bang!  That's when I'll cash in.

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November 01, 2011, 08:55:07 PM
 #11

LTC is pulling ahead of SC on BTC-E.

LTC 0.008777

SC 0.0078 BTC


SC is commanding a whopping $0.12 per block LOL

You see the pattern how LTC is falling back onto that "buy wall" most of the time? You don't know what this means?  Grin
johnj (OP)
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November 01, 2011, 08:59:55 PM
 #12

LTC is pulling ahead of SC on BTC-E.

LTC 0.008777

SC 0.0078 BTC


SC is commanding a whopping $0.12 per block LOL

You see the pattern how LTC is falling back onto that "buy wall" most of the time? You don't know what this means?  Grin

Oh man, first SC folk were saying it'll replace BTC, now they're just trying to compete with LTC.

My oh my how things change Wink

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November 01, 2011, 09:04:37 PM
 #13

Oh man, first SC folk were saying it'll replace BTC, now they're just trying to compete with LTC.

My oh my how things change Wink

Why should I compete? I also hold lot of LTC  Grin
DeathAndTaxes
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November 01, 2011, 11:21:11 PM
 #14


Maybe somebody really likes Coblee and hates Solidcoin would be my guess  Grin Grin Grin

Probably just this.  It must make King RealScam furious to see LTC rising to be THE alt-coin while he begs his peasants for $12 in order to finish up the code for his locked down scamo-currency kingdom.
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March 01, 2014, 09:25:37 PM
 #15

hmmm, this sounds intersting. what do you think guys?

 Kiss

edit: I heard some development plans and all that pump story, so I just wanted to see what do you guys think..
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March 02, 2014, 02:29:49 PM
 #16

it looks like it's over now..

 Kiss
kokjo
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March 03, 2014, 06:45:17 AM
 #17

it looks like it's over now..

 Kiss
you think?! OP is only from 2011...

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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March 03, 2014, 07:45:41 AM
 #18

Isn't this just BTC-e ..

Bitcoin will show the world what hard money really is.
lasciv
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March 04, 2014, 08:20:06 PM
 #19

it looks like it's over now..

 Kiss
you think?! OP is only from 2011...

I would have never guessed, without the date..

 Kiss
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March 04, 2014, 09:07:31 PM
 #20

pump 'n' dump!

You are WRONG! Cheesy

edit: ...or at least long-term it was a great time to buy.

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