The game is rigged
>pump it now
More context:
>pump
that data shows a more than probably dumping, not a pump.
that's what they want you to think
Can you give us your conclusion about the data you are showing?
-What do you think is Bitfinex trying to do?
-What do you think marketplaces including bitfinex gonna do in the next month/s etc.?
You really enlightened me with this but I'm still having trouble trying to understand the metagame here
Thanks in advance
Except that the whale sell orders had a special privileged trade code ( invisible wall ) which might suggest corruptibility at the level of exchange ownership, nothing else really.
The whale stopped and people started to buy right now 30K + packs and probably lots of 1k transactions.
So you are just stating that privileged members are accumulating through unethical/ilegal methods big quantities of btc in such marketplace.
That suggest more of a pump than a shakeout.
Basically yea, but on a lot of fiat USD exchanges there's little to no sign of obvious whale manipulation - so the price won't be shaked that much by that pump . Maybe just the sentiment of people observing the events.
I suggest you just chill trade on gdax, bitstamp and kraken for a while.
Explain to a brainlst please, what persists? I dont see any huge buys or sells...