Quote from: porcupine87 on April 01, 2014, 10:23:22 AM

Quote from: MatTheCat on April 01, 2014, 10:17:03 AM

Quote from: anu on April 01, 2014, 09:51:07 AM

Disgusting. We should petition the Exchanges that the Taker pays the fee.

Not the point I was making.

Right now, our 'market maker' friend is around $30K down on his investment. i.e. if he wanted to invest that kind of money into Bitcoin, his timing couldn't have been worse. Counter productive to the market and the value of his own investment even. Which begs the question, how come he has $500K USD at his disposal to begin with. 'Farms', Raskul said, I disagree. This was on Bitfinex and was most likely a leveraged long trade, which would mean that this investor must surely be feeling a lot of pain right now as well as the others who bought $490+ and decided to hold, despite being at the very tip of Wave 5 of a clear EW formation from the $436 bottom.

How would you buy if you want to invest that kind of money long-term and see a possibilty that the price might rise much higher (may 530 and correction to 510)?

You place a limit order slightly higher than the current price. If he had put a limit order @490, he'd have gotten his coins just as quickly - the arb bots will fill it.