Ninjastic
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 22/07/2017, 08:06:34 UTC
Quote from: PoolMinor on July 22, 2017, 06:14:35 AM
Quote from: marcus_of_augustus on July 22, 2017, 06:05:06 AM
Quote from: PoolMinor on July 22, 2017, 05:57:55 AM
Quote from: bzzard2 on July 22, 2017, 05:56:31 AM
[imghttps://image.prntscr.com/image/4No5MA5kQDuJpSt9YJA-cw.jpeg[/img]

someone sure wants dem bitcoins

Actually they probably just want to sell them for a higher price.

... yeah someone has plonked $12 million down to bid up bitcoin so he can get more fiat ...  Roll Eyes

https://bitcointalk.org/index.php?topic=1512965.0
https://bitcointalk.org/index.php?topic=1512965.msg15222331#msg15222331

I would think after all these years of watching walls, you of all people would understand what they represent.

Elwar commented on that very thread about it 2 posts later.

Edit:
My guess would be they are gathering up large sums of fiat on their short positions they are opening. Getting ready for the weekend dumping.


Looks like he is walking it up just like a classic whale pump and dump.