BitShares Forum

Other => Graveyard => Muse/SoundDAC => Topic started by: jaran on September 01, 2015, 04:38:24 am

Title: I'm not a trader but...
Post by: jaran on September 01, 2015, 04:38:24 am

Whats the purpose of listing a 15 million sale order?  Is this person trying to keep the price down?

I mean if you really wanted to sale 15 million notes would you not be better off selling in small blocks over time?

Title: Re: I'm not a trader but...
Post by: Tuck Fheman on September 01, 2015, 04:49:27 am

Quote from: jran on September 01, 2015, 04:38:24 am

Whats the purpose of listing a 15 million sale order?  Is this person trying to keep the price down?

I mean if you really wanted to sale 15 million notes would you not be better off selling in small blocks over time?

It's a form of 'lesser magic' to manifest what they want. ;)

Title: Re: I'm not a trader but...
Post by: jaran on September 01, 2015, 04:58:11 am

Quote from: Tuck Fheman on September 01, 2015, 04:49:27 am

Quote from: jran on September 01, 2015, 04:38:24 am

Whats the purpose of listing a 15 million sale order?  Is this person trying to keep the price down?

I mean if you really wanted to sale 15 million notes would you not be better off selling in small blocks over time?

It's a form of 'lesser magic' to manifest what they want. ;)

so they are trying to keep the price down by making us all wonder "why the fuck is someone selling 15 million notes?"...is what you are saying>?

Title: Re: I'm not a trader but...
Post by: Ander on September 01, 2015, 06:17:16 am

Quote from: jran on September 01, 2015, 04:38:24 am

Whats the purpose of listing a 15 million sale order?  Is this person trying to keep the price down?

I mean if you really wanted to sale 15 million notes would you not be better off selling in small blocks over time?

Welcome to 'Walls'. 

Title: Re: I'm not a trader but...
Post by: xeroc on September 01, 2015, 06:28:52 am

I kind of like them because as a buyer you can buy huge chunks at a single price .. the seller misses the slippage but the buyer doesnt need to pay it either.

Title: Re: I'm not a trader but...
Post by: iHashFury on September 01, 2015, 08:18:32 am

Knock it down brick by brick ;)

Title: Re: I'm not a trader but...
Post by: liondani on September 01, 2015, 09:02:25 am

fake wall... hope some whale remove's it before he does  :P


edit: @toast ?   ::)

Title: Re: I'm not a trader but...
Post by: Tuck Fheman on September 01, 2015, 12:45:15 pm

Quote from: liondani on September 01, 2015, 09:02:25 am

fake wall... hope some whale remove's it before he does  :P


edit: @toast ?   ::)

There was someone on the forum complaining about having issues trading a large amount of Notes (I think it was 15mio).  I guess they solved that issue.  ;)

 It wasn't toast.

Title: Re: I'm not a trader but...
Post by: Tuck Fheman on September 01, 2015, 12:49:40 pm

Quote from: jran on September 01, 2015, 04:58:11 am

so they are trying to keep the price down by making us all wonder "why the fuck is someone selling 15 million notes?"...is what you are saying>?

I do not attempt to interpret teh lesser magic of others for fear a spell will be cast upon my own wall and it will fall.  :P