Quote from: cryptobengal on August 01, 2018, 03:46:59 PM

Quote from: BiteByte on August 01, 2018, 08:31:30 AM

Quote from: beursstarter on August 01, 2018, 05:57:30 AM

I guess a lot of people already know this because there's talk about this on the Discord chat but I'm sure not everyone knows so let's share this here.

I write this from my memory because I was watching this when on holiday but did not take notes

The story is that a user named Vincent00 started buying Ravencoin on Crypto-Bridge over a week ago in large amounts. He first deposited 20 BTC to Crypto-Bridge and bought 10 million RVN with it at a price around 210-220. After his order was filled he deposited another 20 BTC to Crypto-Bridge and bought another 10 million RVN. And again he got his bags filled with RVN and deposited another 20 BTC and bought again 10 million RVN around these low prices.

At this time the sellers dry up and then he started to raise his price. Last monday he started buying more agressively and brought the RVN price to 300. Yesterday he continued buying agressively and bought everything up to 350 and that's where the price is right now.

At the moment of writing he has accumulated almost 60 million RVN. You can check his balance, open orders and activity at this page: http://bts.ai/u/vincent00 (edit: the previous link appears down, you can also check this pase: https://wallet.crypto-bridge.org/account/vincent00

We can only speculate why this users buys so many RVN and why he let's them stay on Crypto-Bridge instead of withdraw them to his own wallet...

And a few minutes ago he deposited another 50 BTC to Crypto-Bridge! This is not over yet.

Maybe to make on the Cryptopia listing in a few hours. He's probably someone actually from Cryptopia ready to cash in.

yeah good call , but still a great speculation, RVN is going to rise up soon , anyone selling right now , better just be doin it to pay the bills

I would think that the volume would be from a traitor wanting to take advantage of the new exchange listing. But it is also possible that this is the reason for the large by of RUN
https://cointelegraph.com/news/overstock-subsidiary-partners-with-zambian-govt-on-blockchain-land-registry