Quote from: justusranvier on October 08, 2014, 06:40:28 PM

Quote from: cypherdoc on October 08, 2014, 05:51:16 PM

3. i think since June, Pantera used it's known considerable BTC resources obtained in the early days of Bitcoin, to sell/short down the market with a bot and occasional 1000 BTC chunks, keying off known bulls like myself to knock the market down with the goal of causing a whale or whales to finally capitulate, at which time they'd buy back the sold coins or cover shorted coins back at a cheaper price, at what turned out to be in this case @$300. i doubt they had a specific price point; they were simply hunting for a large selloff source from a weak whale.

4. a large economic actor like Pantera could afford to hire forum and Reddit trolls to help talk down the price. no matter what anyone says, this type of trolling is effective in destroying confidence. it is also well known that when there are big price moves either way ppl come to these meeting places to find out what's going on. the fact that Severro, antibitcoinconsortium, falllling, etc. have all abruptly disappeared since Sunday indicate to me they were on hire by someone with substantial resources to manipulate the market.

5. Pantera Capital is the major investor in Bitstamp and clearly has a close relationship with its founders. only they would have the resources and confidence to leave large amounts of BTC and fiat on an unregulated exchange awaiting opportunities, manufactured or otherwise, considering what happened to mtgox clients.

now it's time for them to talk the price up with bullish reports.

i welcome any thoughts or criticisms.

How could they guarantee a positive ROI, and by that I mean how sure could they be that paying the hired trolls and selling off on the exchange would result in them holding more bitcoins than before?

I suppose they'd be in a position to know of anyone else had substantial USD reserves on Bitstamp who could buy the coins in front of them.

of course this is all conjecture but who would be in a better position to attempt something like this? yes, it is risky, but that is how major gains are made. and they've been around for a long time so we know they have lots of BTC.

one of the big questions flying around during the selloff was who would keep all this fiat on Bitstamp to buy the wall? i think it's a good question and can only be answered by assuming a related entity like Pantera.