Feathercoin on the rise :-)
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Has the whale gone?
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[quote name=“MrWyrm” post=“58669” timestamp=“1392207252”]
Has the whale gone?
[/quote]Yes, but there’s a giant 1900 BTC sell wall now at 0.00041
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What will the effect of the sell wall be?
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possible price decrease as it will look to the untrained as if everyone is selling.
also if buy wall is gone there is less resistance to the sellers
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Whale back again at the same price?
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2.5k sell order at 0.5 and a 1.9k buy order at 0.4 :-\
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I’m not familiar with the rules of this chess game. I think doing a Rip Van Winkle is in order.
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Im not either to be fair I think even with the large player(s) whales making noise the market is still very unpredictable.
I think it was more of the intention of the whale I was getting at. although if he is buying and selling big who knows what’s going on?
Is he trying to stabilise the market for us. (lets hope so)
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I have to admit, this whale IS an idiot.
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[quote name=“Pancrisp” post=“58670” timestamp=“1392207468”]
[quote author=MrWyrm link=topic=7536.msg58669#msg58669 date=1392207252]
Has the whale gone?
[/quote]Yes, but there’s a giant 1900 BTC sell wall now at 0.00041
[/quote]That’s not the way to pump it! Had he waited until next week before removing sell wall, he’ll profit.
Stupid whale LOL
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How do we know it’s a single whale?
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[quote name=“MrWyrm” post=“58695” timestamp=“1392213616”]
How do we know it’s a single whale?
[/quote]There’s no way he’d have a girlfriend if he’s doing crap like that.
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[quote name=“mirrax” post=“58691” timestamp=“1392212948”]
I have to admit, this whale IS an idiot.
[/quote]Soaking up so much at .4 and now selling them all at .41 LOL
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[quote name=“Pryderi” post=“58700” timestamp=“1392215137”]
[quote author=mirrax link=topic=7536.msg58691#msg58691 date=1392212948]
I have to admit, this whale IS an idiot.
[/quote]Soaking up so much at .4 and now selling them all at .41 LOL
[/quote]Price will drop before he even have a chance to sell…
but could he be wanting the price to drop by setting the sell wall, and then buy even more later?
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[quote name=“MTRisner” post=“58697” timestamp=“1392214150”]
[quote author=MrWyrm link=topic=7536.msg58695#msg58695 date=1392213616]
How do we know it’s a single whale?
[/quote]There’s no way he’d have a girlfriend if he’s doing crap like that.
[/quote]Hahahaha
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Oh wait! the buy order is in again… :o
knew it, he was trying to pull down the price first
[img]http://imageshack.com/a/img855/7364/1vop.jpg[/img]
I was so close to selling, glad I did not or I would have been trapped by him.
I wanted to clear all my 100k FTCs at 0.00039 before buying it back when it crashes -
I like to think I’ve learnt something watching this lot unfold. I sold a load of FTC at .00040 as soon as the whale landed hoping to buy back after the whale left. Am I correct in saying, If I’d have waited for the whale’s buy order to hike the price I could have sold higher and then be enjoying some of the volatility of the whale above 0.00040? Am I technically stuck at 0.00040 because that’s what the whale is trading at?
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This economics game is interesting to watch… how are you guys so certain that the price will collapse? I mean… selling 100k FTC for 0.0004 waiting for it go to 0.0003. What if it goes to 0.0005 or 0.005 instead?
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[quote name=“Thytos” post=“58712” timestamp=“1392218726”]
This economics game is interesting to watch… how are you guys so certain that the price will collapse? I mean… selling 100k FTC for 0.0004 waiting for it go to 0.0003. What if it goes to 0.0005 or 0.005 instead?
[/quote]Clearly this is a manipulation by 1 individual. If the price goes up gradually with the buy support of many, I wouldn’t sell my FTCs at all.
He’s simply creating a false impression of the price rising for people to start buying, afterwards when he sells them. He’ll gain a healthy profit over 0.00045++ when his buying price is only 0.0003~0.0004
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I’ve sold all my FTC @ .00042 yesterday now waiting to drop for it to at least 10% or more before buying back.
In the mean time ‘playing’ with selling/converting tranches of 50K Doges to BTC and than when the FTC price goes down spend every Satoshi on FTC :-)
