Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?
Gox volume is 100% real. China is not.
A 10k sell is nothing to scoff at.
That and the 1500 wall @ 535... People understand the network is still young. This will DEFINITELY deter new money, which lets face it, is why BTC increase in value in the first place...
Who cares about a 10k sell? One less person with 10k to sell in the future . . . And that 1.5k wall, you think that is anything? Did you see the previous 1.5k get munched just after the big sell? Took less than 5 minutes. I suppose Stamp having 3 mil more in bids than a few days ago is new money running away . . . Have you seen how many people in just this forum are screaming about not being able to get money in fast enough? If I had the coins, I would manipulate this as much as I could too, this is a last stop at these price levels.
You are missing the point here though. Look @ this post
https://bt.irlbtc.com/view/316297.0 and see how many people ACTUALLY have that many BTC under their control? Then ask yourself. Why would you sell that much wealth? Also, that may have been a little bit of a dumber whale who does not have the discipline to scale out and sell into buying pressure (see action after ATH). Personally, those with the most to lose, usually have the best access to resources that aid their decision making - when they act, I listen, its worked well thus far.
Also, with regards to your mention about Stamp having 3mil more in bids than a few days ago is irrelevant since I am talking about what happens AFTER this moment, not the hype that led to the people making those deposits last week...
