Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ShroomsKit
on 05/10/2014, 18:33:58 UTC
The thing I don't like about the 30000 ask wall is that is the moment when the manipulator shows his hand.  Every one  panics at first, but then a feeling of temporary relief comes in and people tell themselves "don't worry, everything is fine, now we all know for sure that this crash is really just manipulation and nothing more".  People become confident and maybe even start placing bids.  Why would the manipulator prove to the whole world that the dumping is just manipulation and nothing more?  Wouldn't that make his accumulation harder?

It is done for one last good size dump so that he can accumulate his final coins. He would be foolish to put up the wall again. Somebody might be lurking, ready to take out the wall then he will lose his coins.

Why people are selling now is beyond comprehension.

About 30 times a day here i read about the whale or whales that are accumulating. Not once has someone shown me any evidence that this is the case. Will you be the first?