ilMarcoF
Short

BTCUSD H4: MTGOX bot keeps selling at the same time.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
133 3 2
BITFINEX:BTCUSD            

I have noticed that the candle H4 of the 17.00 UTC+1 is always negative. I start to believe that a bot starts selling at that time. If it were the BOT that sells for MTGOX for more than 20 days we will see a red candle.

the fool should have sold on dec going up to 20 k. you don't sell when its going down :)
Reply
@GazMema, The liquidator tries to sell at the maximum of the market but now this is the maximum of the market. Then he needs to liquidate the creditors. He does not mind the price because the creditors will be compensated with a price of $ 400 per bitcoin :-)
+1 Reply
GazMema ilMarcoF
@ilMarcoF, he does not have as much btc as mtgox had before the hack. i hope they did not hack themselves and have all the coins spread around ready to sell :)
Reply
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