Quote from: XCASH on October 31, 2014, 10:32:16 PM

Quote from: MoreFun on October 28, 2014, 11:34:41 PM

Quote from: lebing on October 28, 2014, 04:34:59 PM

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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

Wouldn't it be something if it was found out to be a self running bot created by someone who died? It would be a dump routine if no input is made, it finds a price and dumps. It might be safer than leaving the account in a will.

anyone think that 30k dump is caused by bitpay ? I guess some guy bought a luxury villa in manhattan Roll Eyes

No, it was placed immediately after it fell below 300, similar to the manipulation tactics of old. If it was bitpay, it wouldnt have been a round number and it also wouldnt have taken the form of a wall, but rather a massive dump. Are you sure that the bitcoin was converted for the villa?

No, it wasn't placed after it hit 300 but that wall was actually dump to $300 and seller already sold 3-5k with that dump. Then more sellers and stop losses came and pushed price even lower. That wall managed to reach sub $300 price, becacause above $300 were nice walls before dump. Just saying, maybe everything was manipulation... probably.

I remember the price going down to about $276, then going back up again. It was hours later when the giant wall appeared.

No, the 30k+ whale pushed it down below $300 and after few minutes pulled it of $300 and set it to $320. Then he pulled it again and after few hours again dump to $300 where it was eaten in 6 hours.