Bitcoin Forum
December 11, 2016, 12:09:27 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: $250,000 on the Bid  (Read 2169 times)
dree12
Legendary
*
Offline Offline

Activity: 1232



View Profile
November 14, 2011, 03:16:20 AM
 #21

Haha, look at him marching his cash army up the chart.  He's getting other people to buy up so he can sell again, methinks.

And now he's in full retreat to 2,50.
Looks temporary. Bear seems to be in trouble - too afraid to sell?
Edit: wow, I was wrong again. Back down to $2.50. I underestimated Mr. Bear's money.
1481458167
Hero Member
*
Offline Offline

Posts: 1481458167

View Profile Personal Message (Offline)

Ignore
1481458167
Reply with quote  #2

1481458167
Report to moderator
1481458167
Hero Member
*
Offline Offline

Posts: 1481458167

View Profile Personal Message (Offline)

Ignore
1481458167
Reply with quote  #2

1481458167
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481458167
Hero Member
*
Offline Offline

Posts: 1481458167

View Profile Personal Message (Offline)

Ignore
1481458167
Reply with quote  #2

1481458167
Report to moderator
1481458167
Hero Member
*
Offline Offline

Posts: 1481458167

View Profile Personal Message (Offline)

Ignore
1481458167
Reply with quote  #2

1481458167
Report to moderator
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
November 14, 2011, 03:18:20 AM
 #22

Haha, look at him marching his cash army up the chart.  He's getting other people to buy up so he can sell again, methinks.

And now he's in full retreat to 2,50.

I believe the strategy is something like this.  March a bunch cash out in the hope that other people put bids in front of your giant bids (because they'll feel more confident).  When the bids build up enough, sell into the bids in front of your bids, then drop your giant bid and watch the market panic.  Then buy back at a lower price.  Repeat.
dree12
Legendary
*
Offline Offline

Activity: 1232



View Profile
November 14, 2011, 03:19:40 AM
 #23

Haha, look at him marching his cash army up the chart.  He's getting other people to buy up so he can sell again, methinks.

And now he's in full retreat to 2,50.

I believe the strategy is something like this.  March a bunch cash out in the hope that other people put bids in front of your giant bids (because they'll feel more confident).  When the bids build up enough, sell into the bids in front of your bids, then drop your giant bid and watch the market panic.  Then buy back at a lower price.  Repeat.
In effect, this "person" is providing liquidity. Rejoice!
Edit: But why would he drop it to $2.5 first? Also, the positioning of his two walls stands to make him lose a lot of money...
BTCurious
Hero Member
*****
Offline Offline

Activity: 714


^SEM img of Si wafer edge, scanned 2012-3-12.


View Profile
November 14, 2011, 03:20:12 AM
 #24

This is interesting. Also, I hope I'm guessing right with my money Tongue

RyNinDaCleM
Legendary
*
Offline Offline

Activity: 2002


Legen -wait for it- dary


View Profile
November 14, 2011, 03:23:25 AM
 #25

This is interesting. Also, I hope I'm guessing right with my money Tongue

Me too!

This event could cause a lot of win or loss. Only time will tell.

dree12
Legendary
*
Offline Offline

Activity: 1232



View Profile
November 14, 2011, 03:24:42 AM
 #26

This is interesting. Also, I hope I'm guessing right with my money Tongue

Me too!

This event could cause a lot of win or loss. Only time will tell.
Where is Mt.Gox? These two walls can earn them some good cash!

Buy the entire ask, and then sell into the bid. Since you earn commission, free money!
BTCurious
Hero Member
*****
Offline Offline

Activity: 714


^SEM img of Si wafer edge, scanned 2012-3-12.


View Profile
November 14, 2011, 03:26:37 AM
 #27

Where is Mt.Gox? These two walls can earn them some good cash!

Buy the entire ask, and then sell into the bid. Since you earn commission, free money!
Lol! Genius!

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!