If I were a big and devious whale in an unregulated market I’d be sticking a sell order of like 5m up at 40k sats, then I’d buy most of the slack in one go and liquidate everyone into it lol. 
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Must be this indeed. It was not so long ago that with a $10 million market cap, a coin would be in the top 10 of coinmarketcap.com. Currently you would only reach the low 40s (Counterparty is as we speak on position 47 with 10 million and a few dollar).
MaidSafeCoin, for the first time, hit the $100+ million market cap for a short while today, but didn’t even move from the #10 position!
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So much going on right now, btc is super strong, and ofcourse Maid dumped pretty hard cause of it.
But i think its now a temporary drop and we will be testing some nice levels really soon again.
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I just find it interesting that so many alts plunged at almost exactly the same time. Is that dumb bots or what? The only people who get advantage from these dumps are the ones with the low buy orders. They rake it in at the high and buy back low. It seems so obvious and yet I struggle to understand why punters sell. If people don’t sell the price will hold and the opportunists can’t fleece. Unless the coin project has a problem in which case that would be price discovery, wouldn’t it? Just gets to me sometimes. 
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No mostly it are traders that trade in bitcoin pairs, dont forget if bitcoin go to the 1300 we will see probably another step down.
Thats how it works bitcoin up alts down, bitcoin down alts up. Just there is also an overreaction and fear added on alts, cause they dont wanna be in alts when bitcoin takes off.
I notice that coins like, Factom and Maid always suffer more then other alts that idk why.
But basic model is btc up 5% alts down 15%, but also visa versa.
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Maybe not all the time… If you check the current rough figures for the performance Year To Date for Bitcoin and Maid:
Bitcoin + 17.5%
Maid + 80%
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Mostly it was taken short range (traders) ofcourse you cant look at the big lines, cause the market cap arent even close to each other. Also the amount of news can range a lot.
Also dont forget the flow into bitcoin new users will drive bitcoin price up and then maybe on a drop more experienced and known people will look for better alt options at that time. 1 Billion flow out of bitcoin can make altcoins spike hugely.
Look in 4 years Maidsafe vs Bitcoin that will be insane difference if maidsafe will be actively used.
Maidsafe can go up more then a few dollars, up to even 10 dollar. Think about the value needed plus the supply people hold in their wallets as investment of future usage. If they reach the amount of people they are aiming for then this should easly be achieved. Biggest gain will be big company buying coins to use the service longerterm and rather wanna buy a nice amount and hold them.
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Hmm… wonder if they’ll flip it again later on in the day?
The $2m wall has shifted back to 0.0002455 for now… will be fun watching what games the whales are playing today 
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… but this is a BTC wall you’d think… positioned on margin… if they are walking both Buy and Sell… i would imagine… i wonder why they choose MAID …
Nah, lending rates and the amount in there hasn’t changed. This is someone who has 7M MAIDs on polo.
And you can bet that if they hold that much they are unlikely to be bearish in reality. No one with $1.5M of something tries to push the price down unless they have ulterior motives.
I’d say we’ll see similar antics to last time. It’ll get pushed up and down and a load of people will try to play the game and wonder how they ended up losing money at the end of it 
The rinse and repeat in crypto never ends.
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…ah, ok … but the buy wall , how does he fo that ? using MAID , he’d need BTC wouldnt he? so even if he uses maid to back margin Buy, he always has to effectively ‘borrow’ from lenders right… if i understand correctly…
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When I saw the first buy wall, I thought…well that’s nice it will hold up the price. But then it was almost like the coins went under the wall to their slaughter.
Baffles me how this system works, not sure you could play the system like this in a futures market.
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I really like this book called Flashboys. It’s about a race to zero when it comes to being close to a market with a fast connection. It also tells the story of different exchanges allowing tens of different ordertypes and algo’s trying hard to make as much money as possible. It’s a bit different in crypto but I wouldn’t be surprised if we have big players using loads of different algo’s to show you whatever they want in a orderbook. Just like @Jabba said here above. So I always look for 2 things in a orderbook:
- Is it filled?
- What’s the spread?
And I really don’t give anything about the hocus pocus of buywalls and what we have more.
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Well, harder to tell as there’s much more BTC available for loan, so he could back a margin with maid and borrow BTC without it being as obvious. More likely it’s a group who hold plenty of both BTC and MAID though.
Investing is so much simpler than trading, you just have to be right 
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Really, these games are inevitable when you get lots of bigger players in small markets. Put yourself in the position of someone with a shed-load of coins to buy or sell. Whenever you put in any order volume (even spread out) that moves the market and loads of people try to jump in front of your buys or sells. How long would it take you to start trying to think of ways to use that to your advantage instead of all the smaller traders behaving predictably and taking advantage of you by getting in ahead of your orders?
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Seconded. Flashboys is an eye opener.
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We’re off again…482 btc worth just bought at 16800 then 800btc sell wall put at 17800… 
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This guy puts his fake sell wall and he buy everything under that price. he’s just trying to accumulate large amount of cheap MAID and he’s probably doing well.
I guess he will wait until alpha 2 is release. Price will pump and he will sell and make good profit. That’s what I would do
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yes, massive buys went in and i think he then also puts numerous much smaller sells in after to make it look like price going down. That seems to be whats happening right now…
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