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BrewCrewFan
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October 05, 2014, 06:13:38 PM |
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An evil manipulator trying to get cheap coins
if that is true why did he pulled back order ?
Because it did its job which got people to drive the price down lower and keep it low. You do that and let the people panic, get orders to start filling under it,and then that buys you time to set up whatever you need ( like the bot ) and once everything is set, you pull back your wall without much risk. |
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Amph
Legendary
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Activity: 3206
Merit: 1069
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October 05, 2014, 06:18:52 PM |
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fallling is the source
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BrewCrewFan
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October 05, 2014, 07:02:05 PM |
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I guess I'm not rich enough because I would feel pretty fucking uncomfortable holding 30k bitcoins worth of Bitstamp IOUs.
Dont worry, they will pay you back in ripple. |
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williamevanl
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October 05, 2014, 07:07:16 PM |
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What happened to this wall?
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BrewCrewFan
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October 05, 2014, 07:09:40 PM |
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What happened to this wall?
It got pulled like 30-45 minutes after it went up. |
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porcupine87
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October 05, 2014, 07:10:05 PM |
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WTF this is counter intuitive to me completely. I would think that the number of addresses that holds a large percentage of Bitcoin would go down not up over time as old holders bail out into fiat......
This can't be good can it?
No it isn't. In 2011 the top 100 had 2Mio. Bitcoins. 40% of all. Today they have 2.5Mio., so 18%. And big addresses are often cold storage of big exchanges. The coins could be owned by a lot of people. On the other hand: If I had 1Mio. eggs I would not store them in one basket. |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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October 05, 2014, 07:58:23 PM |
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It's probably loads of bitcoin holders all shitting themselves about the crash, and trying to sell as fast as possible for whatever they can get.
Yes, they all mentally align in a perfectly orchestrated 30k btc wall. Smoke crack much? It is someone very close to the exchange owners, that is for sure; noone gives unknowns in slovenia 10mil without being able to hold their balls gently. Motive is also pretty obvious - make a very large investment into BTC. What I am surprised most about is - who the hell is actually selling at $280?  It is possible that these are imaginary bitcoins you are buying there; withdraw all you can, that should scare the crap out of the manipulator. this. we should audit Stamp. and this says it all. thx inca!:  interesting. Is there a graphic with the percentage of all bitcoins owned by top100/500? Eyeballing the chart looks like about 2.6m - Top 100 4.4m - Top 500 ~13.5m Total mined => Just over 50% |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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BTCtrader71
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October 05, 2014, 08:07:33 PM |
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26k sell wall on stamp just now reappeared, at $320
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BTC: 14oTcy1DNEXbcYjzPBpRWV11ZafWxNP8EU
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piramida
Legendary
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Activity: 1176
Merit: 1010
Borsche
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October 05, 2014, 08:08:12 PM |
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Eyeballing the chart looks like about
2.6m - Top 100
4.4m - Top 500
~13.5m Total mined => Just over 50%
No you don't add those up, Top 500 includes Top 100 And I suppose he is interested in a graph of how that percentage has progressed in time, relative to increasing supply. |
i am satoshi
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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October 05, 2014, 08:16:07 PM |
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Eyeballing the chart looks like about
2.6m - Top 100
4.4m - Top 500
~13.5m Total mined => Just over 50%
No you don't add those up, Top 500 includes Top 100 And I suppose he is interested in a graph of how that percentage has progressed in time, relative to increasing supply. whoops |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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misterbigg
Legendary
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Activity: 1064
Merit: 1001
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October 05, 2014, 08:17:18 PM |
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Nejc Kodric, if you're listening, your rep is on the line.
I have to say that if this is real, it really shows a lot of confidence in BitStamp. They must be doing something right over there for one person to trust them with ten million dollars worth of coins. |
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zby
Legendary
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Activity: 1592
Merit: 1001
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October 05, 2014, 08:19:54 PM |
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Robert Paulson
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October 05, 2014, 08:32:56 PM |
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evil manipulator? someone is giving you bitcoins about 200 USD below fair value and you call him evil?
this is an act of charity, once the charity is done, the price will shoot right back up to 500.
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redsn0w
Legendary
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Activity: 1778
Merit: 1042
#Free market
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October 05, 2014, 08:34:08 PM |
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Another wall of 28k bitcoin at $ 320  ..... |
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criptix
Legendary
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Activity: 2464
Merit: 1145
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October 05, 2014, 08:54:06 PM |
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Another wall of 28k bitcoin at $ 320 ..... im pretty sure its the same wall |
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fewcoins
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October 05, 2014, 10:19:07 PM |
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Another wall of 28k bitcoin at $ 320 ..... im pretty sure its the same wall It is the same wall... Point is these walls are a mirage! Once you guys start getting near that 320 wall it will move!!! |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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October 05, 2014, 10:20:05 PM |
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Another wall of 28k bitcoin at $ 320 ..... im pretty sure its the same wall It is the same wall... Point is these walls are a mirage! Once you guys start getting near that 320 wall it will move!!! i'd bet so. |
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cafucafucafu
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October 05, 2014, 10:27:25 PM |
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Another wall of 28k bitcoin at $ 320 ..... its gone. but will people fall for it again? fool me once shame on ... |
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fewcoins
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October 06, 2014, 12:29:47 AM |
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Another wall of 28k bitcoin at $ 320 ..... its gone. but will people fall for it again? fool me once shame on ... Will be back in full effect tomorrow....... Look out below guys! |
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DieJohnny (OP)
Legendary
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Activity: 1639
Merit: 1006
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October 06, 2014, 01:04:22 AM |
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Another wall of 28k bitcoin at $ 320 ..... its gone. but will people fall for it again? fool me once shame on ... Will be back in full effect tomorrow....... Look out below guys! If I had 9 million on Stamp I would so love to buy that dumb asses order before he could even have a chance to refresh his screen. Would be soooooo funny. |
Those who hold and those who are without property have ever formed distinct interests in society
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