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Mushoz (OP)
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February 22, 2012, 10:25:24 PM |
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Place your votes :p
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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yogi
Legendary
 Offline
Activity: 947
Merit: 1042
Hamster ate my bitcoin
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February 22, 2012, 10:27:33 PM |
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He just wants to keep the price down while he buys back in.
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pirateat40
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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February 22, 2012, 10:28:31 PM |
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Where'd all the rum go?
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teflone
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February 22, 2012, 10:29:38 PM |
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rum was yesterday, we are on the rye..
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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February 22, 2012, 10:30:03 PM |
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I think he's just fucking around for the fun of it. I mean really...this is just goofy.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Qoheleth
Legendary
Offline
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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February 22, 2012, 10:32:23 PM |
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I think he's just fucking around for the fun of it. I mean really...this is just goofy.
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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teflone
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February 22, 2012, 10:33:00 PM |
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Invalidating trading signals...
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M4v3R
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February 22, 2012, 10:33:09 PM |
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He just let the price go up to rebuild bid depth, so he can sell more at better prices. There are already few k drops here and there, and a bigger one (from the owner of 10-20k ask walls) probably will follow. Fasten your seatbelts!  |
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Mushoz (OP)
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February 22, 2012, 10:41:55 PM |
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He just let the price go up to rebuild bid depth, so he can sell more at better prices. There are already few k drops here and there, and a bigger one (from the owner of 10-20k ask walls) probably will follow. Fasten your seatbelts! Then why would he drop down the walls slowly but surely by 1 cent steps each time, while he could just keep the wall a bit higher to let Bids replenish again? Doesn't make sense if he really wants to sell. He's just putting on downward pressure, without actually selling much if anything at all. |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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Koekiemonster
Sr. Member
Offline
Activity: 321
Merit: 250
Bitbuy.nl!
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February 22, 2012, 10:43:11 PM |
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Invalidating trading signals...
This.. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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February 22, 2012, 10:50:53 PM |
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Then why would he drop down the walls slowly but surely by 1 cent steps each time, while he could just keep the wall a bit higher to let Bids replenish again? Doesn't make sense if he really wants to sell. He's just putting on downward pressure, without actually selling much if anything at all.
I can attest to that. Also seen it withdrawn multiple times as it was bought into a few hundreds, then put up 10c higher or so. It was at 4.6 before, then vanished, and then it was spread into ~3k chunks by a bot to make it organic, and now it moved to 4.5. Now withdrawn again. |
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Koekiemonster
Sr. Member
Offline
Activity: 321
Merit: 250
Bitbuy.nl!
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February 22, 2012, 10:53:57 PM |
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One more (probably far-streched) explanation could be that this person is testing the speculators. He might want to buy more coins, but wants to see the reaction of all of us to these walls to see what his risks are with buying more?! But probably he's just drunk.. |
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pirateat40
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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February 22, 2012, 10:55:51 PM |
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I think he's about to take a dump and then go back to his desk.
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teflone
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February 22, 2012, 10:58:59 PM |
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takes time to load up on coins in the sub $5 area on all avenues
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S. Omega
Newbie
Offline
Activity: 38
Merit: 0
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February 22, 2012, 10:59:46 PM |
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*hick*...I'm not..drunk...*hick*...just...a *hick* bit tipsy...where's me drink? Oh...there is me drink.
*hick*
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Mushoz (OP)
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February 22, 2012, 11:07:48 PM |
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Guys, please check if you happen to have $63k laying under your pillow. Would be epic if you bought into those walls, and profit from at least a 50 cent rise per BTC through a rally. |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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February 22, 2012, 11:10:36 PM |
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Then why would he drop down the walls slowly but surely by 1 cent steps each time, while he could just keep the wall a bit higher to let Bids replenish again? Doesn't make sense if he really wants to sell. He's just putting on downward pressure, without actually selling much if anything at all.
Same thing happening now again. |
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teflone
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February 22, 2012, 11:27:19 PM |
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clearly stocking up...
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Mushoz (OP)
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February 22, 2012, 11:32:08 PM |
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What happened?
1) Sell off first, and then the ask walls got removed (Which implies a sell from someone else).
2) Ask walls got removed, and then a sell off (Which implies the walls were sold into the bids).
Thanks!
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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the joint
Legendary
Offline
Activity: 1834
Merit: 1020
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February 22, 2012, 11:40:07 PM |
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I honestly think someone is fucking with the market simply because they can.
There is absolutely no reason to sell when holding and buying with an equal sum of money would have sparked a rally on a number of occasions. The only thing that's prohibited rallies over the past few weeks besides this guy has been Bitcoinica's little star-friend.
Something ain't right.
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