kkaspar
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March 03, 2014, 09:10:24 PM

Seems like "the entity" has slowed down it's trading. I think that there is a certain number that the price has to reach so "the entity" will start buying again. The number is probably around the start of 600.
I think that we will see one or two more pumps that go quickly from 600-700. But then back to the good old bear market with low volume Smiley

What makes me uneasy, is that stamp seems to get DDoSed. Wouldn't be fun to be a bagholder with the price plummeting 100$ in a minute.

Not sure if entity will buy again but there was 2-3 hours of pause between all their buys earlier today.


I hope he/they will come back. If there would be more pumps like this, then I would return to be bullish, with leaving money in BTC during sleep and maybe even post a train picture. Sadly, I think that this was just a fluke. Someone with access to more serious money that got interested after hearing about Fortress investment and Buffet speculating a 10-20year lifetime to bitcoin.

Yes, Buffet said some nonsense today and the buyer panicked and put his first wall up yesterday...  Roll Eyes Cheesy

While I agree that it is nonsense that bitcoin can live up to 10-20 years, I still see a boring flat line with low volume when looking at yesterday. There could be different people putting up walls with different goals.