Anonymous trader buys $400 million in bitcoin

Discussion in 'Crypto Assets' started by gwb-trading, Feb 18, 2018.

  1. Pekelo

    Pekelo

    Your word, not mine, but Isaac Newton and probably this guy too would like to respectfully disagree. :)
     
    #11     Feb 18, 2018
  2. zdreg

    zdreg

    are you sure about Newton?:)
    "The focus of Lesson 1 is Newton's first law of motion - sometimes referred to as the law of inertia. An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force."
     
    #12     Feb 18, 2018
  3. Pekelo

    Pekelo

    By the way OP is wrong, according to the bitcoin boys on Reddit, it wasn't a buy in, just an exchange moving coins from one address to another one. Fake story...

    For those who didn't get the Newton reference: Newton played the South Sea bubble and although initially he made money, he decided to jump back into the fracas (aka FOMO) and bought when price went vertical, eventually losing everything.

    https://www.sovereignman.com/finance/how-isaac-newton-went-flat-broke-chasing-a-stock-bubble-13268/
     
    #13     Feb 18, 2018
    smileypete likes this.
  4. It was me
     
    #14     Feb 19, 2018
  5. Handle123

    Handle123

    Maybe they taken out enough so it is a free trade, let the rest ride.
     
    #15     Feb 19, 2018
  6. that address dumped today $45million
     
    #16     Feb 21, 2018
  7. Pekelo

    Pekelo

    That happened at 1:18 am, and price stayed in a 200 bucks range for the next 6 hours. The market is either quite deep so selling 4300 BTCs doesn't move it much, or it is just money transfer.
     
    #17     Feb 21, 2018
  8. Could be selling futures against it.
     
    #18     Feb 24, 2018
  9. mlawson71

    mlawson71

    I wonder what will happen if we see another such drop like the one we saw recently.
     
    #19     Feb 25, 2018