Author Topic: Someone was selling 38 BTC on Bter  (Read 2921 times)

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Offline bytemaster

38 BTC is not that much.  Could be anyone.

Was probably BM who said he made 1 M btsx profit and the order was exactly 1M sell for 50btc... its now alot less.

Nope, haven't sold.

you made 1 M profit? someone must've lost 1 M, poor dudes, it's jungle out there, my sympathies.

Those who lost were the ones who went short at the highs and ended up with margin calls when the price corrected.   I was buying cheap BitUSD and then when the market corrected I was able to sell them back at a profit.   
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Offline yiminh

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38 BTC is not that much.  Could be anyone.

Was probably BM who said he made 1 M btsx profit and the order was exactly 1M sell for 50btc... its now alot less.

Nope, haven't sold.

you made 1 M profit? someone must've lost 1 M, poor dudes, it's jungle out there, my sympathies.

Offline bytemaster

38 BTC is not that much.  Could be anyone.

Was probably BM who said he made 1 M btsx profit and the order was exactly 1M sell for 50btc... its now alot less.

Nope, haven't sold. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline changematey

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38 BTC is not that much.  Could be anyone.

Was probably BM who said he made 1 M btsx profit and the order was exactly 1M sell for 50btc... its now alot less.
I wonder what kind of margin are we talking about when making a profit of 1M trading BITUSD.

Offline CLains

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big walls are usually just to push the price

Offline jsidhu

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38 BTC is not that much.  Could be anyone.

Was probably BM who said he made 1 M btsx profit and the order was exactly 1M sell for 50btc... its now alot less.
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Offline bytemaster

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline jae208

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Yes I understand, only reason I bring it up is because of Stan's *General Warning
and given our current circumstances with BitUSD.
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Xeldal

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I've seen 100 or more on each side.  Common to see multiple 30's and 50's some days.

No telling that its one individuals order either.
can be many stacked.

Offline jae208

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Most sell orders aren't that large though and there aren't buy orders that large either.
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Xeldal

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38 BTC is not that much.  Could be anyone.

Offline jae208

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Is someone from I3 cashing out of BTSX?
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