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Main => General Discussion => Topic started by: jae208 on August 29, 2014, 11:35:34 pm

Title: Someone was selling 38 BTC on Bter
Post by: jae208 on August 29, 2014, 11:35:34 pm

Is someone from I3 cashing out of BTSX?
Title: Re: Someone was selling 38 BTC on Bter
Post by: Xeldal on August 29, 2014, 11:44:05 pm
38 BTC is not that much.  Could be anyone.
Title: Re: Someone was selling 38 BTC on Bter
Post by: jae208 on August 29, 2014, 11:45:15 pm
Most sell orders aren't that large though and there aren't buy orders that large either.
Title: Re: Someone was selling 38 BTC on Bter
Post by: Xeldal on August 29, 2014, 11:48:01 pm
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.
Title: Re: Someone was selling 38 BTC on Bter
Post by: jae208 on August 29, 2014, 11:51:35 pm
Yes I understand, only reason I bring it up is because of Stan's *General Warning
and given our current circumstances with BitUSD.
Title: Re: Someone was selling 38 BTC on Bter
Post by: bytemaster on August 29, 2014, 11:56:04 pm
No one selling out
Title: Re: Someone was selling 38 BTC on Bter
Post by: jae208 on August 30, 2014, 12:01:59 am
No one selling out


 +5%
Title: Re: Someone was selling 38 BTC on Bter
Post by: jsidhu on August 30, 2014, 12:30:38 am
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.
Title: Re: Someone was selling 38 BTC on Bter
Post by: CLains on August 30, 2014, 02:01:00 pm
big walls are usually just to push the price
Title: Re: Someone was selling 38 BTC on Bter
Post by: changematey on August 30, 2014, 03:14:10 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.
Title: Re: Someone was selling 38 BTC on Bter
Post by: bytemaster on August 30, 2014, 07:01:11 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. 
Title: Re: Someone was selling 38 BTC on Bter
Post by: yiminh on August 30, 2014, 09:27:32 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.
Title: Re: Someone was selling 38 BTC on Bter
Post by: bytemaster on August 30, 2014, 09:38:38 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.