Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
Freckleg
on 11/05/2014, 23:17:05 UTC
thats a nice buywall at 0.006 of 124 btc... are the whales getting bigger or DRK more popular?

Buywalls are one of 2 things:

[1] - genuine, because someone wants in

or

[2] - fake, because someone wants out (and they need to push up the liquidity before dumping)

If all the bids above it are less than 1 BTC and all the bids below it are less then 1 BTC and there's no buywall whatsoever at 60 on Mintpal to match the one Cryptsy, which of the two categories above do you think a 128 BTC buywall falls into.

Buy the all time high with 128 BTC ?

Don't think so.



Lame after the fact response from my side... But I think category 1 since someone just bought 20k in one go ;-)
Either someone is very happy with his new coins, or we have one very surprised Whale.... This being DRK I think he/she will be very happy