What in the hell just happened on bter

[Ander]

I actually meant this 'bear' - if he exists - could be doing that on purpose to pick them cheap again before we release v1.0 and make a profit. It only makes sense to do so.
[/quote]

Lets all make him fail at this attempt then.
He dumped HARD to 3000.  If the price stabilizes in the upper 3000s and doesnt go down, then he got destroyed, and he gets to watch the light wallet get released and so on, and the price go higher while knowing he sold the bottom.

[Akado]

Well, if there's in fact, whales dumping, don't forget v1.0 is near so it only makes sense to pick them cheap now as the price goes up in the near future. It can be someone taking advantage of that just waiting for a big profit

Yep, BUY!  Make this bear dumper feel horrible!! Hehe.

I actually meant this 'bear' - if he exists - could be doing that on purpose to pick them cheap again before we release v1.0 and make a profit. It only makes sense to do so.

[Ander]

Well, if there's in fact, whales dumping, don't forget v1.0 is near so it only makes sense to pick them cheap now as the price goes up in the near future. It can be someone taking advantage of that just waiting for a big profit

Yep, BUY!  Make this bear dumper feel horrible!! Hehe.

[Akado]

Well, if there's in fact, whales dumping, don't forget v1.0 is near so it only makes sense to pick them cheap now as the price goes up in the near future. It can be someone taking advantage of that just waiting for a big profit

[Ander]

Possibility 3: You guys are having a mumble session somewhere, and some really bad news got spilled, and someone listening dumped everything?  (I am just grasping at straws here looking for anything that could have been the cause).

[Ander]

Buying crashes is +EV.

[Akado]

and someone buying 700k bts on btc38

[infovortice2013]

you think supossed bear finish? maybe is going deeper

noy buying resistance

[lil_jay890]

Short some bitUSD!!

[Ander]

I sold every scrap of almost every other altcoin I have and am getting filled around 3300!   Wish I had more to buy with.

[Ander]

Seriously.  I got filled at 3200.

Two explanations I can think of:
1) Very very desperate bear.
2) Someone hacked bter's BTS supply and dumped it.