FBI Seized coins on the move

[Hyena]

Is it just me or does this entire post sound like a dude trying to sound like what he thinks a chick would sound like?

You are probably right and it's not just you. I'd definitely ask for a photo with a timestamp if it really mattered for something .

[Enigma81]

current buys on bitstamp:
560 66
555 321
550 1239
545 1801
540 2611
535 2852
530 3103
525 3539
520 3974
515 4127
510 4334
505 4557
500 4970
495 5265
490 5418

and there you come with your 30000.
It will cause a drop from 560 to about 500 if they would be sold in one time. Ridiculous.
2 Minutes later, the price would be at least at 540 again.

Invalid logic.  Those numbers are cumulative.  (At that time) a (market) sell of 4970 BTC would have driven the market to 500USD.  You don't add all of those numbers up, that's why the bid wall is ALWAYS higher at each lower value.  Notice that if you look down the list, the USD goes down and the wall goes up - without fail.

Enigma.

[adamstgBit]

current buys on bitstamp:
560 66
555 321
550 1239
545 1801
540 2611
535 2852
530 3103
525 3539
520 3974
515 4127
510 4334
505 4557
500 4970
495 5265
490 5418

and there you come with your 30000.
It will cause a drop from 560 to about 500 if they would be sold in one time. Ridiculous.
2 Minutes later, the price would be at least at 540 again.

Invalid logic.  Those numbers are cumulative.  (At that time) a (market) sell of 4970 BTC would have driven the market to 500USD.  You don't add all of those numbers up, that's why the bid wall is ALWAYS higher at each lower value.  Notice that if you look down the list, the USD goes down and the wall goes up - without fail.

Enigma.

ya but some days there is alot more volume then the total bids!
the bid/ask depth is only useful as a manipulation tool.
obviously it depends on why we are dropping, but in the case of dropping because Cheap FBI coins, i'd expect the market to put up a good fight and deliver 2 -5 times more volume then the bids shown at any given moment

[crazyearner]

Cant wait for a big ass told you so is coming.  Price going to where I predicted sooner than expected and no doubt will happen within the next 2 to 3 months or even sooner at this rate. Ill be buying some more nice cheap coins up before they go back up to their higher areas.

[yefi]

ya but some days there is alot more volume then the total bids!

Especially if you're OKCoin.