cafucafucafu (OP)
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January 26, 2015, 05:17:41 PM |
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When looking at the charts, it seems like a single dump is broken into parts. Is there a another reason why this pattern may show up?
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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pereira4
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January 26, 2015, 10:08:20 PM |
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It doesnt make sense. What do you mean by parts? The red candles? these just represent periods of time depending on how your broker is set (5 min, 10, 1 day... etc)
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tyrexs
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January 27, 2015, 01:19:33 AM |
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i think its normal, price up and then dumb
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1Referee
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January 27, 2015, 01:30:30 PM |
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Some times a dump can be spreaded if the buy side of the orderbook isn't strong enough.
But most of the whale dumpers just dump it in one go.
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thejaytiesto
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January 27, 2015, 01:58:47 PM |
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Some times a dump can be spreaded if the buy side of the orderbook isn't strong enough.
But most of the whale dumpers just dump it in one go.
Then non whales follow in with panic selling which makes it even stronger.
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CryptoTrout
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January 28, 2015, 04:10:04 PM |
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When looking at the charts, it seems like a single dump is broken into parts. Is there a another reason why this pattern may show up?
it is beneficial to dump slowly if you can do so without panic because the buy sides will fill up again, so overall you get more out at a higher average
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Amph
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January 28, 2015, 05:34:20 PM |
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it let the price recover, and ready for another mini dump, this mean that the price at the end is stable
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ajaxmoor
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January 29, 2015, 09:39:16 AM |
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When looking at the charts, it seems like a single dump is broken into parts. Is there a another reason why this pattern may show up?
I think its because f someone dumps 1000 bitcoins, then price can go down to 210. However, if they were to dump slowly, and get new orders replaced , then they can dump at a stable range between 220-240. At 1000 bitcoins, that amounts to them saving 10000$, which I am sure is a lot of saving for them.
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Q7
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January 29, 2015, 02:24:15 PM |
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Because there are buy orders placed which makes it look like it is happening in stages. It needs huge amount of funds to drive the price down fast.
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thejaytiesto
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January 30, 2015, 04:12:22 PM |
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They are orchestrated. Couple walls here and there, then take them off and let the price crash. Thats what these fuckers do.
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botany
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February 01, 2015, 01:51:43 AM |
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It is a trading strategy to get the most out of your coins. Allow more buy orders to come into the market before exiting.
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dsly
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February 02, 2015, 03:44:44 PM |
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If someone with 10,000's of thousands of coins, want to dump say 5000, then if he dumps at once, then price will be down for long time, and he will have to sell the rest in future at a lower price. So in pieces, it maintains the price at constant value.
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