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November 08, 2015, 07:48:55 PM |
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Some kind of market gauging/moulding going on on Bitstamp.
All the other exchanges are deathly quiet, whilst Bitstamp has done over 5000 BTC of volume so far this hour.
Perhaps some whale, with inside exchange info feeding into his bot algorithm and 0% trade fees, is sitting swishing Bitcoins back and forward in order and trying to get a feel for 'genuine' non market manipulator selling and buying pressure.......or perhaps there is a battle going on between different whale entities, with different designs on where they want the price to go?
looks like the break is going to occur soon....probably a little drop, followed by a significant rise.
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