mmitech
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things you own end up owning you


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February 24, 2014, 02:18:49 PM

The BitStamp wall has been at the same price for about 7hours now...I watched it go in 10K @600, and then it was moved a couple of times before settling at 579.34 since when it hasn't moved.  I tend to think if this was a tactic in part of a larger strategy, then we would have seen the wall move price testing support.

That it hasn't been moved suggests s/o simply cashing out or a naive or inexperienced trader rather than a master manipulator.

NB Above theory could be total bollocks

or a smart trader who will sell now and buy much cheaper....