Quote from: BrightAnarchist on October 26, 2014, 09:55:02 PM

Quote from: Blitz on October 25, 2014, 04:03:07 PM

Weaker hands than the guy who sells 30k BTC at the bottom of a downtrend on one exchange via a single ask? I can't even imagine those hands, they must be long dead. Cheesy

You never know - if Bitcoin falls an additionally from here and he buys them back cheaper, he's going to look like he has smart hands.

Don't assume you know the future.

I don't know the future, but I do know the past (obviously, he sold at the very least into a local bottom), and we can infer that this person had no experience in trading given that he decided to sell everything at one single exchange (Bitstamp had a large price differential to the other exchanges) and the way he did it.