Saturday, May 2, 2015

Whale Splashes MOVE Market - The 30 Satoshi Selldown On Cryptsy

Recently at Cryptsy... several coins were hit with MASSIVE sells orders by one holder of the coins... normally called a whale in Cryptocurrencies... those that can move markets hugely. I most recently noticed it today on the AuroraCoin -- it happened to it April 16th Link Here from 15,000 satoshi to 30 in one flash crash. I first noticed this `sell to 30 Satoshi' (from 300's) phenomena with the PotCoin .... April 21st and April 16th... each time stopping the selling at 30. I also noticed it on another coin but didn't bookmark it. 

DID SOME BIG MONEY DECIDE TO GET OUT OF CRYPTO?

In each of the Whale sells... buying in was an immediate good move. It was also an incredible payoff for those SHARKS that set low buy orders and got them filled... especially on the AuroraCoin. The opposite, of course, is also true when setting your own sell prices... occasionally a reason to own a coin is that it is frequented by the occasional whale pumpers (not all coins have them) who, IF YOU WAIT long enough, and are lucky enough.. may return for that 10x current value BUYIN - or at least a 3-4x return. Whale pods... seen and growing in crypto?
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I'm sad to  report that I've withdrawn about 80% of the small trading stake I had at Bluetrade... and it's volume has been falling off the charts with NO coins having over 1BTC in trade yesterday(4/30)... too bad. I guess there might be some good prices as folks pull out and sell for dust ... but.. put those bids in carefully as you know how exchanges and money seems to vanish when trading vanishes. I split my pulled BTC from Bluetrade between Cryptsy and Poloniex.
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I updated at Barfstew today.... about bitcoin Payment Gateways... gotta be able to do more than trade in the long run.
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REAL VIRTUAL GOLD

As Seen On TV's - SHARK TANK
find gold anywhere
click above picture for info
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Do you have any shark orders?


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