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Author Topic: This PROVES market manipulation, 20,000 BTC order at same time on 3 exchanges!  (Read 494 times)
Paycheck (OP)
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April 03, 2019, 12:15:21 PM
 #1

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

No big deal, I could do the same thing with my desktop pc and 2 laptops.  But the point is that someone with $100 million to play with is out there working the markets.

And I say good.  Pump the price of all alt coins so I can make a nice profit!

All I ask is that these market manipulators PM me and let me know which coin to buy before they pump it, and when to dump it.  I'm not going to share the information with anyone, that wouldn't be good for my profits!  Thanks!
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April 03, 2019, 12:42:14 PM
 #2

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

Could you post a Screen Shot of this? This is the only time that I heard this kind of news.
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April 03, 2019, 01:03:22 PM
 #3

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

Could you post a Screen Shot of this? This is the only time that I heard this kind of news.
I heard that news too, but I cannot find it because it's buried at the bottom of the history of the trading. We don't know if that news is true but what I see right now is the price can get up after it's sleep for a long time and this is the first time we saw the rise of bitcoin price. I hope that soon we will see another high price.
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April 03, 2019, 01:03:48 PM
 #4

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

Could you post a Screen Shot of this? This is the only time that I heard this kind of news.
A good link to be read up. https://bitcoinexchangeguide.com/what-caused-bitcoin-frenzy-to-jump-5000-btc-usd-btc-price-to-fall-back-to-below-4k-per-analyst/
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April 03, 2019, 01:05:29 PM
 #5

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

Could you post a Screen Shot of this? This is the only time that I heard this kind of news.

Maybe the OP is referring to this news:

(https://www.reuters.com/article/us-crypto-currencies/bitcoin-soars-past-5000-mystery-buyer-seen-as-catalyst-idUSKCN1RE0JY)

Quote
Today’s gain was probably triggered by an order worth about $100 million spread across U.S.-based exchanges Coinbase and Kraken and Luxembourg’s Bitstamp, said Oliver von Landsberg-Sadie, chief executive of cryptocurrency firm BCB Group.

Coordinate or not, the question is what is the purposed on these people from behind. Just look what they did, they pushed the price to $1000 and still continuing. Do they have some sort of 'inside information' that Bitcoin price will go up? Or they wanted to create a bull-run as this point and make the market alive again. I'm sure with the huge fund involved, they wanted to make money out of this market. It was a bold move and we may never know the logic behind the so called synchronous buying in 3 mentioned exchanges.

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April 03, 2019, 01:10:52 PM
 #6

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

No big deal, I could do the same thing with my desktop pc and 2 laptops.  But the point is that someone with $100 million to play with is out there working the markets.

And I say good.  Pump the price of all alt coins so I can make a nice profit!

All I ask is that these market manipulators PM me and let me know which coin to buy before they pump it, and when to dump it.  I'm not going to share the information with anyone, that wouldn't be good for my profits!  Thanks!

Provide more information which news do you refer, lets be happy on what happen to bitcoin some people said this is the start of bull run but personally I dont think if this rally will continue.
Just be wait for another spike if possible maybe some whales are now taking profit.
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April 03, 2019, 01:13:23 PM
 #7

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

No big deal, I could do the same thing with my desktop pc and 2 laptops.  But the point is that someone with $100 million to play with is out there working the markets.

That is the real issue, money.

I guess you have to have adequate money for such other and not just having three laptops  Grin But, some people have really acquired much of this bitcoin.
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April 03, 2019, 01:52:34 PM
 #8

It proves there was a huge order on legit exchanges. Is that manipulation? Looks more like a huge order to me. Where do you draw the line at it not being manipulation? 2000, 200, 20?

It's weird behaviour but it's out in the open. You'd be perfectly within your rights to do it in any other markets. People would remark on it but you're not gaming anything in the way fake walls do.
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April 03, 2019, 01:59:47 PM
 #9

This is where I'm quite baffled, about how much was needed really to push the price to where it is right now and who did the said market stimulation. Anyways, the movement seemed to have cemented quite a following on its way up, and support levels are being nicely placed in $4500 and $4300 respectively on the exchange that I'm working at. Perhaps this will be the start of a beautiful spring - summer season for bitcoin, as was the case for previous runs, too.

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April 03, 2019, 02:06:09 PM
 #10

20,000btc is a huge order. And to think it happened on three different exchanges at the same time gives us 60,000. Whoever did that must have a deep pocket to make such a coordination. I won't call it manipulation because it's an order placed in the open and not some sort of hidden deal. Whatever the motif should be sustained. We need the bulls.

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April 03, 2019, 03:58:43 PM
 #11

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

No big deal, I could do the same thing with my desktop pc and 2 laptops.  But the point is that someone with $100 million to play with is out there working the markets.

And I say good.  Pump the price of all alt coins so I can make a nice profit!

All I ask is that these market manipulators PM me and let me know which coin to buy before they pump it, and when to dump it.  I'm not going to share the information with anyone, that wouldn't be good for my profits!  Thanks!

How come this much value is spread but there is big news on google or any news sites!

What so ever now the market it seems really good and investors will be attracted towards bitcoin investment for sure with the expectation of future growth. We can believe specualtion but we need some more support over cryptocurrencies to find more growth. Lets hope.
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April 03, 2019, 04:08:07 PM
 #12

What's so surprising about that? Market manipulation has been a common occurrence for the longest time in this market. It's been happening for the longet time and good traders know how to read these manipulations and ride the movements. The big players may have gotten bored with the market state and decided to spice things up a little bit.


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April 04, 2019, 07:20:23 PM
 #13

I don't think this is the kind of manipulation we are talking about, because this exchanges are owned by different persons and there is no way 3 exchanges will create the same manipulation at different time.


I think this kind of manipulation is done by whales and what they are just trying to do is create an increase in the price of bitcoin so that they can make profit within a few period of time and then pull out of the market, but please we need screenshot of the order placed so that we can be sure it really happened.

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April 04, 2019, 08:20:32 PM
 #14

This guy could be the culprit. Drop him a message  Tongue
https://twitter.com/CryptoCobain/status/1113003376353128448
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April 04, 2019, 08:53:24 PM
 #15

Yes, I also strongly agree that this is no longer an open secret because here everyone knows that and the point is that the increase for now has a problem between the natural bull market and the manipulation of a group of people, for fast movement there is the possibility of large purchases or people buying simultaneously and indeed it is their right, we cannot limit without being based on any authority because this is a free market, strongly agree that everyone who is here if they have a lot of money and can also make large purchases, I only see the mind crazy people will be a big advantage.
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April 04, 2019, 09:21:39 PM
 #16

If this is manipulation then we would able to see pump and dump and going to the price of 5300 would go back to the path of 4100 once again but
as we can see we are playing something around 4800-5000 which is pretty good to look at yet we are already stabilizing on these levels or do see some
progress or gradual increase.

R


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April 04, 2019, 09:29:34 PM
 #17

As we saw yesterday, someone coordinated a 20,000 BTC buy across 3 exchanges all at the same time.  

Could you post a Screen Shot of this? This is the only time that I heard this kind of news.
Indeed, we need a screenshot for the transactions to verify the event - if not the transaction ID.
And if you talking of 20,000 BTC on 3 different exchanges then that's 60,000 BTC, with 1 BTC @ $4K

You are talking of $240 million not $100 million.
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April 04, 2019, 09:35:33 PM
 #18

There are many explanations like an institution buying or a pump group of some rich bored guys who wanted to make some money or maybe it was a single billionaire? The market is so small that one of those Saudi princes would be able to bring us back above 6000 single handedly. It doesn't have to be manipulation. Maybe they saw an opportunity here?
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April 05, 2019, 02:46:01 AM
 #19

20,000btc is a huge order. And to think it happened on three different exchanges at the same time gives us 60,000. Whoever did that must have a deep pocket to make such a coordination. I won't call it manipulation because it's an order placed in the open and not some sort of hidden deal. Whatever the motif should be sustained. We need the bulls.

Incorrect.  It was 20,000 BTC spread across 3 exchanges, or around 7,000 BTC per exchange.  Not 60,000 BTC.
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April 05, 2019, 03:02:49 AM
 #20

20,000btc is a huge order. And to think it happened on three different exchanges at the same time gives us 60,000. Whoever did that must have a deep pocket to make such a coordination. I won't call it manipulation because it's an order placed in the open and not some sort of hidden deal. Whatever the motif should be sustained. We need the bulls.

Incorrect.  It was 20,000 BTC spread across 3 exchanges, or around 7,000 BTC per exchange.  Not 60,000 BTC.
Maybe that is buy wall to attract traders so it look like bitcoin will get pumped. Because sometime people think if there are big buy wall it means price will be pumped even 7000 order is already big to move price in 1 market.

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