Quote from: MatTheCat on April 01, 2014, 09:42:43 AM

Quote from: cosmofly on April 01, 2014, 09:38:54 AM

Bull trap

Oh fuck yeah...that!

That was on Bitfinex...Bitcoin was already at heights of a very steep spike at around $498 and some nutter came long with a 1009 BTC market order on Bitfinex, which took price right up to 509! 2 seconds later we were back at $500 with a bit of panic buying going on......now at $485.

Who are these people and how come such fkn clowns have access to so much capital? (early adopting kool aid merchants?)

Before going "fucking clown" on some poor stranger: never heard of short squeezes?