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Author Topic: Bitstamp inside job to slay the bear whale  (Read 1230 times)
Hyena (OP)
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January 06, 2015, 11:34:51 PM
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So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.


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JimboToronto
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January 06, 2015, 11:37:22 PM
 #2

LOL



 Smiley Wink Cheesy Grin Cool
RyNinDaCleM
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January 06, 2015, 11:39:35 PM
 #3

So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.



That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Hyena (OP)
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January 06, 2015, 11:44:13 PM
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That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Or, Bitstamp was contacted by some leading mining operation and offered a deal so that they both would profit from it. We all know that miners would like to have a high price and perhaps the miners' offer was greater than the volume provided by the bear whale.

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RyNinDaCleM
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January 07, 2015, 12:04:16 AM
 #5

That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Or, Bitstamp was contacted by some leading mining operation and offered a deal so that they both would profit from it. We all know that miners would like to have a high price and perhaps the miners' offer was greater than the volume provided by the bear whale.

Ah, the conspiracy thickens  Grin

Hyena (OP)
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January 07, 2015, 12:09:26 AM
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That bearwhale is what keeps them in business. This market is largely reactionary in that most people sit and wait until someone else, someone with deeper pockets than their own does something first, then they react by following. The whale makes the volatility and the rest dampen it until it's back to a flat line. I don't think they care. The whale would eventually run out of coins and buy back. Or he is buying all the coins near the bottom. So I think they're on his side.

Or, Bitstamp was contacted by some leading mining operation and offered a deal so that they both would profit from it. We all know that miners would like to have a high price and perhaps the miners' offer was greater than the volume provided by the bear whale.

Ah, the conspiracy thickens  Grin

I would laugh so hard if some coin news website published an article related to this discussion and referred this topic as source of information Tongue but I would laugh even harder if this conspiracy coincidentally happens to be true or very close to truth. Knowing that Mt. Gox hack last year was an inside job (according to what the police suspects) I wouldn't wonder if inside jobs were a trending activity amongst cryptocurrency exchanges.

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orpington
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January 07, 2015, 12:15:38 AM
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Disgruntled Sony execs are probably responsible. Wink
tbcoin
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January 07, 2015, 12:22:09 AM
 #8

Bitstamp is lossing a lot of money and reputation with this.



Sorry for my bad english Wink
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stonerider
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January 07, 2015, 01:15:49 AM
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I don't think bitstamp is coming back. Ever. Bitstamp is Gox V2.
GÜNther.Danish
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January 07, 2015, 01:25:30 AM
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Bitstamp is lossing a lot of money and reputation with this.




what is this? bitstamp customer meeting?
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January 07, 2015, 01:28:37 AM
 #11

So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.



Death to the bear whale
Thanks Hyena its refreshing to see some fun speculation going on now and then
A true work of art.

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tbcoin
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January 07, 2015, 01:40:19 AM
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Bitstamp is lossing a lot of money and reputation with this.


...

what is this? bitstamp customer meeting?

Bitstamp's booth at CES .

Sorry for my bad english Wink
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jaredboice
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January 07, 2015, 01:43:56 AM
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Disgruntled Sony execs are probably responsible. Wink

best response I've seen yet
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January 07, 2015, 04:53:34 PM
 #14

So here's a conspiracy theory --- Bitstamp knew who the manipulators were and they finally got pissed off by the bear whale selling so much. So, they orchestrated a hack due to which most of the bear whale's coins were lost. Now the price will start to rise because the bear whale is destroyed once and for all.

Lost to whom is also a question. The conspiracy theory doesn't hold good if the person who got the coins also decides to dump them.

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