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February 06, 2018, 02:27:56 PM
Merited by xhomerx10 (1)

Are you guys watching Bitstamp live? The second 500BTC buy wall is almost eaten too.
This is really important.
Yesterday ({[they]}) bought 3 1k buy walls at 7800 - that i saw in just a short Wall Observe. But the dumps now are just little titties by comparison - 12, 15, 50 coins.
They think big gobs of coin are worth having at 6/7 k
They stand to make far more by encouraging it back up once they've shaken the trees and picked up the ripe fruit, than by going short.
So yes Tone Vays might be right we're in for another ~month of floggings.
After that, add a few zeroes.
Who is ({[they]})  Huh

It's r0ach's oft-mentioned 'one guy on Bitfinex'. It's HairyMaclairy's 'Wall Street'. It's Mircea Popescu's 'USG'. It's what everyone here calls 'whales'. Someone else posited a 'market-maker'. It's @bitfinexed's 'wash trading'
snip
We have never had Wall Street professional shorts before either. Not saying it is going to happen but we must remain open to all possibilities.
http://log.mkj.lt/trilema/20180205/#464
[18:57:12] · <mircea_popescu> asciilifeform isn't it lulzy how there's EXACTLY the same "volume" going on the fiat fansites irrespective ?

[19:00:49] · <mircea_popescu> basically, usg got what, 3-5k bitcoin, which it keeps sloshing back and forth to itself on closed "exchange" tripod websites ?


It's just some little ex-Wall St trader who has been told he's to play the newbs on the markets, 'accumulating for a crypto hedge-fund'.