Someone was selling 38 BTC on Bter

Started by jae208, August 29, 2014, 11:35:34 PM

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bytemaster

Quote from: yiminh on August 30, 2014, 09:27:32 PM
Quote from: bytemaster on August 30, 2014, 07:01:11 PM
Quote from: jsidhu on August 30, 2014, 12:30:38 AM
Quote from: Xeldal on August 29, 2014, 11:44:05 PM
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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yiminh

Quote from: bytemaster on August 30, 2014, 07:01:11 PM
Quote from: jsidhu on August 30, 2014, 12:30:38 AM
Quote from: Xeldal on August 29, 2014, 11:44:05 PM
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.

bytemaster

Quote from: jsidhu on August 30, 2014, 12:30:38 AM
Quote from: Xeldal on August 29, 2014, 11:44:05 PM
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: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

changematey

Quote from: jsidhu on August 30, 2014, 12:30:38 AM
Quote from: Xeldal on August 29, 2014, 11:44:05 PM
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.

CLains

big walls are usually just to push the price
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jsidhu

Quote from: Xeldal on August 29, 2014, 11:44:05 PM
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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jae208

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bytemaster

For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

jae208

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

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.

jae208

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

38 BTC is not that much.  Could be anyone.

jae208


Is someone from I3 cashing out of BTSX?
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