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vuduchyld
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October 06, 2014, 01:31:14 AM |
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How long do you think it will take to eat through the wall?
I'll say 3-4 hours...but I actually think he'll pull it before it gets below 20K |
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BrewCrewFan
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October 06, 2014, 01:31:38 AM |
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Funny the same trick was used this morning for us in the US, didnt work that well.... now its china turn to see if anyone bites.... I guess Ill find out when I wake up.
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relm9
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October 06, 2014, 01:31:44 AM |
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maybe he's not manipulating the market, and just wants to get rid of a lot of his coins
not a good way to do it. smart way would be to sell in random numbers between 50 and 100 every few minutes, that way you won't be detected - instead this guy makes a panic wall nope this isn't someone just selling coins, this is someone with another motive in mind. I think he just want to buy coins @299 (all panic sellers are creating orders just below his wall) Doesn't look that way to me. Not much selling going on below the wall, and around 2.5k BTC was taken from it already. He wants out. |
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marvinrouge
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October 06, 2014, 01:31:48 AM |
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nothing new, it's just the same manipulator who makes the same trick  Oh its a manipulator? Awwww.. such manipulation to sell your coins without dropping the price! Idiot. well, if you were there few hours ago you would have seen exactly the same wall... but it was bigger. And it dropped the price to $275 |
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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October 06, 2014, 01:32:15 AM |
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The Great Wall of Bitstamp!   |
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Cortex7
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October 06, 2014, 01:32:20 AM |
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maybe he's not manipulating the market, and just wants to get rid of a lot of his coins
If you want to sell 25000 coins, the worst technique must be to make a giant wall with all of them  The worst technique ( worst fiat income ) would be to just place a market order and rip down the book asks. Especially if there wasn't much volume down the book. But sure placing a big wall like that so close to market price will scare many into a lower range, especially many bots that analyse the book to choose position. |
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BitcoinHawker
Newbie
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Activity: 38
Merit: 0
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October 06, 2014, 01:32:30 AM
Last edit: October 06, 2014, 02:57:32 AM by BitcoinHawker |
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If that wall gets eaten completely. Nice solid floor?
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marvinrouge
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October 06, 2014, 01:33:26 AM |
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If that was gets eaten completely. Nice solid floor?
removed, not eaten edit : it's back |
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Cortex7
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October 06, 2014, 01:33:38 AM |
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If that was gets eaten completely. Nice solid floor?
Indeed, if bids do have at it like pirhanas then it may even cause a little trampoline action. |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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October 06, 2014, 01:34:03 AM |
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Monero
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whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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BrewCrewFan
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October 06, 2014, 01:34:31 AM |
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If that was gets eaten completely. Nice solid floor?
Dude that would take a huge cash infuse into the market right now, plus not to forget others selling.... |
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Cortex7
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October 06, 2014, 01:36:45 AM |
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If that was gets eaten completely. Nice solid floor?
Dude that would take a huge cash infuse into the market right now, plus not to forget others selling.... Quite a bit might be purchased via arbitrage, but yes, chances are he will move it or remove it. |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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October 06, 2014, 01:37:42 AM |
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nothing new, it's just the same manipulator who makes the same trick Oh its a manipulator? Awwww.. such manipulation to sell your coins without dropping the price! Idiot. well, if you were there few hours ago you would have seen exactly the same wall... but it was bigger. And it dropped the price to $275 It was bigger because hes already sold fucking 10,000 coins. Get a grip man! ITS A REAL SELLER |
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marvinrouge
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October 06, 2014, 01:38:08 AM |
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If that was gets eaten completely. Nice solid floor?
Dude that would take a huge cash infuse into the market right now, plus not to forget others selling.... Quite a bit might be purchased via arbitrage, but yes, chances are he will move it or remove it. 99% chances (but who know if another whale wants to buy it could be funny ) |
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BrewCrewFan
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October 06, 2014, 01:40:06 AM |
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nothing new, it's just the same manipulator who makes the same trick Oh its a manipulator? Awwww.. such manipulation to sell your coins without dropping the price! Idiot. well, if you were there few hours ago you would have seen exactly the same wall... but it was bigger. And it dropped the price to $275 It was bigger because hes already sold fucking 10,000 coins. Get a grip man! ITS A REAL SELLER Good luck proving that one. |
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marvinrouge
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October 06, 2014, 01:41:12 AM |
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nothing new, it's just the same manipulator who makes the same trick Oh its a manipulator? Awwww.. such manipulation to sell your coins without dropping the price! Idiot. well, if you were there few hours ago you would have seen exactly the same wall... but it was bigger. And it dropped the price to $275 It was bigger because hes already sold fucking 10,000 coins. Get a grip man! ITS A REAL SELLER We can't know, his last giant wall has been pulled out, not eaten |
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krb91
Member
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Activity: 254
Merit: 10
Streamies Rocks!!!!
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October 06, 2014, 01:42:49 AM |
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If that was gets eaten completely. Nice solid floor?
Dude that would take a huge cash infuse into the market right now, plus not to forget others selling.... I roughly worked it out to a day and a half to sell the lot at the current rate of buys. The silk road bitcoins buyer could have got a better deal today, and he had the money to buy the lot in one go. |
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RockHound
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October 06, 2014, 01:47:10 AM |
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Who said they were dumping them? Exactly - he's buying right ? Does Green mean Buy on Bitcoinwisdom |
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krb91
Member
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Activity: 254
Merit: 10
Streamies Rocks!!!!
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October 06, 2014, 01:48:56 AM |
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What do you think will happen to the price after the order is sold/removed?
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vuduchyld
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October 06, 2014, 01:49:27 AM |
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What do you think will happen to the price after the order is sold/removed?
Last two times he pulled it, the price went up to 320 ish |
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