mouseman
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July 01, 2014, 07:37:10 PM |
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Whale attack. At least I think it is as I've been watching it. Dunno. Wtf is happening, did I miss something?
Whale attack! It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
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xCryptoManiaX
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July 01, 2014, 07:42:21 PM |
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Wtf is happening, did I miss something?
Whale attack! It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated. the 103 BTC sell wall at 45 for a moment was also entertaining
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mouseman
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July 01, 2014, 07:44:20 PM |
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Has there been any communication with Max Keiser to be a guest on the show? That would be huge. Chris Pirillo has been a solid host and thanks to JOEL for making that happen!!
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chunkyjunkie
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July 01, 2014, 08:04:06 PM |
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Wtf is happening, did I miss something?
Whale attack! It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated. the 103 BTC sell wall at 45 for a moment was also entertaining That is probably that groups entire position. Trying to use it to gather some cheaper. Good thing is it isn't that big at all in the scheme of things over some time.
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AcidSplash
Member
Offline
Activity: 101
Merit: 10
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July 01, 2014, 08:05:37 PM |
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It's really just to condition your response...
Step A: Buy Vericoin until it reaches 50 to 55k.
Step B: Sell Vericoin until it reaches 40 to 45k.
Step C: Repeat steps A and B a few times.
Step D: (small investor) "I've seen this before every time it goes to 50 to 55k it drops to 40 to 45k." a) Small investor sells.
Step D: (big investor) "I've conditioned the small investor and he will sell me his coins at 50 to 55k because he thinks the price is going back down to 40 to 45k." a) This time the big investor buys.
Step E: The price rises and cuts through 55k, 65k and 75k like there was no resistance at all.
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Mr.Joker
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July 01, 2014, 08:15:48 PM |
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Stupid people feeding the wall, he keeps lowering the price with those fake walls!
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portdavenport
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July 01, 2014, 08:27:28 PM |
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I pulled all my VRC out of Mintpal to stake until Mr. or Ms. Whale finishes their business If you don't want the price to fall, stop selling. Scarcity increases price & demand.
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onsightit
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July 01, 2014, 08:30:45 PM |
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Whales are the ASICs of trading. Scrypt tried to solve the problem with sha256, but they found a way around it. Is there a coin impervious to price manipulation? VeriCoin 2.0? Price stability is more attractive to merchants, as well.
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VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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xCryptoManiaX
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July 01, 2014, 08:35:01 PM |
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Nearly all alt coin prices have gone down possibly because of BTC prices going up too
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surestrike
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July 01, 2014, 08:35:11 PM |
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Hey Guys! There is a new video showing how to use veribit, it is the guys first time, but i think he does a really fantastic job and it is much more easy to see on how to use the veribit feature, compared with the only other video of this sort available. If you like it, which i am sure you will, please hit the 'Like' button and maybe give him a little tip for his good work. (i tipped him 40VRC). https://www.youtube.com/watch?v=-fKcI55ml0wThis is the kind of action we need to help spread the good word of Vericoin and help reach the masses! Many thanks.
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Mr.Joker
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July 01, 2014, 08:36:04 PM |
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Pressing the price to 3xxx range, so they will make easier profit... Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them
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benthach
Legendary
Offline
Activity: 1764
Merit: 1000
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July 01, 2014, 08:36:48 PM Last edit: July 01, 2014, 08:51:14 PM by benthach |
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so many fake sell walls.
0.00040450 47BTC - removed instantly when the price get there.
it's go this way when whales want cheap coins they put up big selll walls when whales want to sell then they put up big buy wall.
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reddit btcwriter1 - twitter kingpininvestor
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xCryptoManiaX
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July 01, 2014, 08:37:31 PM |
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Wtf is happening, did I miss something?
Whale attack! It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated. the 103 BTC sell wall at 45 for a moment was also entertaining That is probably that groups entire position. Trying to use it to gather some cheaper. Good thing is it isn't that big at all in the scheme of things over some time. It's easy to manipulate trading psychology ey?
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GTX-DoX
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July 01, 2014, 08:43:35 PM |
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Is the price of BTC affecting price of VRC ?
I need it to rise soon!!
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onsightit
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July 01, 2014, 08:55:42 PM |
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Pressing the price to 3xxx range, so they will make easier profit... Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them I sprinkle whale poison on my VRC while they are staking.
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VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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T.Stuart
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July 01, 2014, 09:35:12 PM |
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Huge sell wall up for hour or more. No one running / swimming away. Take that, whale.
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pb2014
Newbie
Offline
Activity: 32
Merit: 0
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July 01, 2014, 09:35:20 PM |
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Is the price of BTC affecting price of VRC ?
I need it to rise soon!!
Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.
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T.Stuart
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July 01, 2014, 09:37:04 PM |
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Is the price of BTC affecting price of VRC ?
I need it to rise soon!!
Mostlikely. Short term investors will want to cash out for fiat when BTC price is up. No, this is whale manipulation. No doubt at all.
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chunkyjunkie
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July 01, 2014, 09:50:39 PM |
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Is the price of BTC affecting price of VRC ?
I need it to rise soon!!
Mostlikely. Short term investors will want to cash out for fiat when BTC price is up. No, this is whale manipulation. No doubt at all. Agree 100% you dont bury 80 or so btc deep in the ask if you want to sell them, you do it to accumulate lower and make it look like there is more pressure to sell then there is. It is pretty simple atm, if you saw that recent sell off as clear manipulation to get in lower then reasoning would tell you buying here is pretty easy money. I just bought and am not worried one bit I will be selling for a lot higher then 43 when the game is done. Remember all that selling had the goal of accumulating cheaper so logically they now want it to run up at some point. You buy here and just be patient no matter what the price does and you will have more money soon then you do now.
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onsightit
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July 01, 2014, 10:05:24 PM |
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Is the price of BTC affecting price of VRC ?
I need it to rise soon!!
Mostlikely. Short term investors will want to cash out for fiat when BTC price is up. No, this is whale manipulation. No doubt at all. Agree 100% you dont bury 80 or so btc deep in the ask if you want to sell them, you do it to accumulate lower and make it look like there is more pressure to sell then there is. It is pretty simple atm, if you saw that recent sell off as clear manipulation to get in lower then reasoning would tell you buying here is pretty easy money. I just bought and am not worried one bit I will be selling for a lot higher then 43 when the game is done. Remember all that selling had the goal of accumulating cheaper so logically they now want it to run up at some point. You buy here and just be patient no matter what the price does and you will have more money soon then you do now. I think 38k could happen first. Lying in wait...
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VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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