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SVTPerformance's Chain of Restaurants
Road Side Pub
Altcoin Discussion
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<blockquote data-quote="velocicaur" data-source="post: 15804221" data-attributes="member: 33335"><p>Oh, I saw something crazy the other night.</p><p></p><p>I was scanning the exchanges and looking at the active trades as they were happening. I wasn't sure what coining I was watching exactly, I think it was BTC/ADA, though it could have been XRP or something similar.</p><p></p><p>There were 3 buys within a few minutes of each other: 60 BTC, 65 BTC, and 75BTC. Yes, they bought that many shares with bitcoin. When you look at the numbers a bit closer.... 75 BTC was about a million bucks at the time. Literally ~2.5M "dollars" were exchanged as I was watching it.</p><p></p><p>There was a HUGE sell order on the other side too. I don't remember the exact number but it was 100+ BTC.</p><p></p><p>It took me a few minutes to understand what just happened and I even had to break out a calculator because I didn't trust the math. I even took a screen shot but I forgot to paste it into paint so I lost it... damn.</p><p></p><p>Can you imagine exchanging 1M of coins on an exchange... at once? The amount of faith that person has is insane. He probably knows the owner of the exchange or he would never do it. "Hey man, making an exchange, keep it going." "Will do."</p><p></p><p>Absolutely crazy.</p></blockquote><p></p>
[QUOTE="velocicaur, post: 15804221, member: 33335"] Oh, I saw something crazy the other night. I was scanning the exchanges and looking at the active trades as they were happening. I wasn't sure what coining I was watching exactly, I think it was BTC/ADA, though it could have been XRP or something similar. There were 3 buys within a few minutes of each other: 60 BTC, 65 BTC, and 75BTC. Yes, they bought that many shares with bitcoin. When you look at the numbers a bit closer.... 75 BTC was about a million bucks at the time. Literally ~2.5M "dollars" were exchanged as I was watching it. There was a HUGE sell order on the other side too. I don't remember the exact number but it was 100+ BTC. It took me a few minutes to understand what just happened and I even had to break out a calculator because I didn't trust the math. I even took a screen shot but I forgot to paste it into paint so I lost it... damn. Can you imagine exchanging 1M of coins on an exchange... at once? The amount of faith that person has is insane. He probably knows the owner of the exchange or he would never do it. "Hey man, making an exchange, keep it going." "Will do." Absolutely crazy. [/QUOTE]
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