Silk Road Whale on Binance

i dn't think its fake cause he's been there trying to buy and buying for several days now

It's real.

He's been moving it upwards and hasn't pulled it down. It sure is a good fake out if it is

1.) It's MtGox
2.) This isn't the whale (whale has 100k BTC and not just 80)

Apparently he's buying a lot of XMR too - I wouldn't expect them to go all in on one coin

t. retard who thinks mr 100k btc whale will buy everything in one go.

No, there's just no reason to assume that the one who placed to buy wall is the whale with 100k BTC. There are many traders with hundreds or thousands of BTC, it's nothing special.

Is Komodo the ETH killer?

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Wrong - his wallet movements have put around 88BTC on Binance

old.reddit.com/r/CryptoCurrency/comments/9cf4j3/silkroad_wallet_with_1_bn_in_bitcoin_on_the_move/

>put around 88BTC on Binance within the last 24hrs

Just bought 2k KMD. Holding until rebrand.

Shit, I didn't even know there was a rebrand in the works. I've been holding this for awhile now and haven't been paying attention, just cashing out my dividends

Even if there will be an eth killer, it will takes years for the market to adapt.
I mean BTC is still #1 and LTC in top10.

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> Does KYC
> Buys anonymous coin.

It's the feds, dummy. They're stocking up on XMR to fund crackdowns on darkweb markets for years to come.

You have to KYC to pull more than a few BTC/day. He's washing the funds to be less high profile - you would too if you had $1Bn in coin

lol. well somone putting a 80btc buyorder on the KMD pair isn't something I have seen a lot the past 6 months, but suit yourself.

It says Austrian not Australian you dumb nigger. Big difference

So what? You can also sell Ethereum & Bitcoin at a lot of local post shops, as well as directly pay bills with crypto using our BPay system. Australia is low-key way ahead of burgers and yurofags for usability, probably because our banking system & stock exchange are going blockchain. I even have a debit card through Coinjar - I could literally stop using my bank account today and just use cryptos instead. They fud a lot in Australia as an obvious keep the normies out tactic, but they're quite obviously on the side of "new paradigm" when it comes to what they're actually doing.

kek.

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> so what

KMD is private.

we have a whale trying to anonymise 110k bitcoin here, you really think he'll trade it for ethereum?

tarderino

cant he just otc trade it for monero/kmd? does he have to go through the hassle of buying that shit with 1 billion worth through shit exchange liquidity?

Buy walls that large are generally erected to prevent panic selling, and to ensure the price stays relatively stable and doesn't go below a certain threshold. The fact that it moved with an increase in price lead me to believe the latter is the case and this wall is merely there to act as a stabiliser.
Conversely, large sell walls are usually put it in place to prevent the price from going up, usually as a way to buy time in order to gather funds for a large purchase.

It’s actually because someone is either arbing a fat stack or the volatility is low enough for hfts to play market maker.

kek

if the whale wanted to amass that coin they would probably place multiple buy orders in such a way that it would average down to that price level, not erect an intimidating buy wall that forces people to hold.

Yes. I get the psychology. But the idea that the market is solely run by whales and discord groups is mostly a meme. Hft strategies absolutely devour groups trying to control the market.

Price is at the buy wall and it's not moving, looks like the wall is real - good time to buy in

are you telling me I can use Bpay direct with btc instead of using livingroomofsatoshi? fucking oath

I'd consider moving to Aus if it weren't for the perpetual drought you guys are facing

KMD is launching boys!

why do you give a shit about the drought?

wat

Because the environment around AUS is a canary in the cage for climate change (e.g. reefs, plankton, drought, etc)

Also, whale just moved his order up to 2150 sat, FOMO now or forever hold your peace

How do you get dividends from KMD?

Simply hold the balance in the Agama wallet, it'll have a redeem button every time your rewards come in

Silk Road BTC wallet with over $1Bn in BTC has been on the move for the first time in years. Rumor has it that he's done a KYC on Binance and Bitfinex and has placed buy orders on several coins including KMD

This is the wallet that's being fed from Binance, over 5million KMD
>kmd.explorer.dexstats.info/address/RD7SZpgtfrLXB32bRcckYaVmre2ByL73Pi

why doesn't he buy xmr??

i just fomoed in

He's buying both silly

> He bought
D∆MP IT

>see news about silk road
>hey! I'm a privacy coin
>start wash trading your own coin
>spread this retarded theory
>as if better privacy coins besides XMR don't exist

I spread / started this theory right here on biz a few hours ago. GTFO your assumptions

>No 85BTC buy walls for XMR on Binance

cloakcoin is underrated

I'm the user who gave you the optimal KMD claim formula. Heavily into this coin, the more I learn the more bullish I am. Think it's a shame it doesn't get the recognition on Jow Forums who seem to think it's just a privacy coin- it's got 0.3% free if you want to user Jumblr for added privacy, but it's so much more. I've been staggering my buy orders for the last month, loaded up and I'm not selling below $20

Waiting for $50 myself