Topic: 8/22/11 Speculation Thread - page 2. (Read 2233 times)
How long this fake bid wall will last with only bots buying and selling 0.25 a time. who ever owns that bid wall is going to get bored of trying to push the price up against a bearish market, when they do they going to dump whatever it is they are holding. IMhO.
The excitement of watching it jump back and forth from 11.25200 to 11.25209 over the past hour is mind boggling!
Why is this person only placing bid orders below the current bitcoin price, why is this person not actually buying any bitcoins? This has been going on since the price hit into the mid single digits.
The HFT bot is king.
But, it doesn't matter. I think by 3-5 EST today something fun will happen. Someone is eventually going to have to sell off a few thousand.
Not lots of buyers, fake bid walls.
Somebody is shoring up the bid side by putting in buy orders, but they are not actually buying bitcoins unless the price falls and hits their bid order. The volume is very low so you can easily shore up and manipulate the price very easily.
These fake bid walls of thousands of bitcoins were always in place, and always have been pulled back (disappeared) during major selling.
The price can be easily manipulated, but the question still remains. How much money will they spend artificially keeping the price high?
Why is this person only placing bid orders below the current bitcoin price, why is this person not actually buying any bitcoins? This has been going on since the price hit into the mid single digits.
Somebody is shoring up the bid side by putting in buy orders, but they are not actually buying bitcoins unless the price falls and hits their bid order. The volume is very low so you can easily shore up and manipulate the price very easily.
These fake bid walls of thousands of bitcoins were always in place, and always have been pulled back (disappeared) during major selling.
The price can be easily manipulated, but the question still remains. How much money will they spend artificially keeping the price high?
Why is this person only placing bid orders below the current bitcoin price, why is this person not actually buying any bitcoins? This has been going on since the price hit into the mid single digits.
Lots of buyers of bitcoin, not a lot of sellers.
Big, insurmountable 11$ wall on Mtgox similar to Saturday's 12$ wall.
Fortune cookie reads: A starship ride has been promised to you by the Galactic emperor
Big, insurmountable 11$ wall on Mtgox similar to Saturday's 12$ wall.
Fortune cookie reads: A starship ride has been promised to you by the Galactic emperor
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