Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
N12
on 16/12/2014, 19:02:51 UTC
hell, I wont even bother to go and search all your posts about some "poor" bearwhale dumping 30 k @ at the bottom of a downtrend. you repeated it for so many times as if it had some meaning but it turns out you were merely doing your own trading agenda.
No matter how many times you repeat it, it will not get any less stupid to sell 30k BTC at one single exchange in 8 hours at the bottom of a mid term trend. Remember, Bitstamp's price was actually severely (3-5% iirc) below all the other exchanges.

Noone who has traded in his life before acts like that. So yes, I think it was an inexperienced guy who got sick of hodling after all these years and just wanted to GTFO. Guy was a fool, regardless of what happens months after his stupid action.

PS: I never used the term bearwhale, or whale for that matter, and I never will. Those terms are for suckers who think the market is ruled by people more wealthy than them, and that that's the source of their poor trading results.