Quote from: NotATether on Today at 09:58:33 AM

Not sure what Richard Heart is trying to imply except maybe that he has a huge buy order at $11K. So? What's the big deal about that? Perhaps HEX rewards have dried up and he needed to find a new source of revenue.

Not that it matters anyway. Bitcoin has never fallen below the peak price of the previous halvening cycle.

those quoting stupidly low amounts (outside the logical. fundamental value window) are those hoping to get the price down lower then $20k to then buy back at the $17k-$15k by using speculation of FUD, scare tactics.
of a possible $11k

im assuming he sold out at $20k+ and is looking to buy back in (most probably a short loan order) at a much less amount. of a real possibly $17k or at worse $15k
its mainly shorter influencers(opposite of pumpers) that shout $11k or less. hoping it inspires other shorts to sell coin(lower the price) to set a buy in at that stupidly low amount .. to actually cause a sell off 'bank run' down but where the naive shorter sheep dont buy back in at $17k-$15k to stop the bank run

in most cases those shouting $11k know it wont get to $11k and are ready to buy in at the actualy "bottom" of ~$15k worse case right now... while they cause the other shorters they are trying to inspire to start a 'sell off' down to $15k for the influencer to buy back a little above $15k.. .. to then leave the shorters of $17k$15k lose out by the price never reaching the $11k amount they were influenced rebuy at