what is up with the barrage of 1 btc sells every 5-10 seconds? its hypnotizing. good way to sell 1000s of coins without really moving/scaring the market. good way to induce movements but costly if wrong. maybe not too costly.
Its been going on for days now. Looks like the same person is buying 1 BTC every 5-10 seconds on Bitstamp.
ummm, the same thing is going on at bitstamp. slow and steady stream of 1 btc sells.
thats something like 2-400/hr on each exchange.
its not unusual to see 10,000 - 25,000BTC traded in 1 hour
the sellers selling slowly at market is bullish!