Bitcoinica spreads off the charts | Bitcointalksearch.org

zby

legendary

Activity: 1594

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Quote from: P4man on September 23, 2011, 01:26:39 PM

Quote from: Minsc on September 23, 2011, 01:20:51 PM

The Manipulator is making it stagnate at 5.50 instead of drop to below $5 so we can get in at a definite good time to buy.

Oh poor you. So the evil "manipulator" is buying our coins for too much money. Even though you seem convinced BTCs will rise in price. Cant you see how nonsensical that is?

What a kill joy!

P4man

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Activity: 518

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Quote from: Minsc on September 23, 2011, 01:20:51 PM

The Manipulator is making it stagnate at 5.50 instead of drop to below $5 so we can get in at a definite good time to buy.

Oh poor you. So the evil "manipulator" is buying our coins for too much money. Even though you seem convinced BTCs will rise in price. Cant you see how nonsensical that is?

Minsc

full member

Activity: 210

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Quote from: ?? on ??

Quote from: P4man on September 23, 2011, 11:57:24 AM

I dont get this whole "manipulator" thing.

The 90% that lose money to the 10% (took that from a radio ad for the forex, I really have no idea) need something to blame their poor performance on. It's much easier to justify losing money when some unfair unbeatable force took it instead of admitting to unwise investments.

The Manipulator is making it stagnate at 5.50 instead of drop to below $5 so we can get in at a definite good time to buy.

P4man

hero member

Activity: 518

Merit: 500

I dont get this whole "manipulator" thing. 10.000BTC is 0.14% of all BTCs out there. If there was a real significant demand for bitcoins from new users, that wall would torn down overnight, and the "manipulator" would lose a fortune selling his BTCs so low. The fact that wall is there just shows there is no such large influx of fresh capital, and if anything, we should all be grateful that wall prevents small time speculation from sending bitcoins value all over the place.

caston

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Oh dear

OK its back.

Gerken

full member

Activity: 126

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He isn't dumping to keep bitcoins low, he is just selling off what he bought at 4.50, 2 dollar profit per, 10k bitcoins, thats a decent chunk of change. If the market couldn't survive him selling those coins, would it have survived if he hadn't bought them?

BitMagic

member

Activity: 98

Merit: 10

Quote from: Nagle on September 22, 2011, 02:15:33 PM

Quote from: BitMagic on September 21, 2011, 11:35:21 PM

To get back on track, I love this graph. I wonder what happened on the 15th, where "as transactions increase, spreads will decrease." Suuuuuuuuuuuure will!

Given their exposure to volatility, they have to have huge spreads.

Spreads were 3x anything quoted on that chart when this thread was posted. I know spreads need to be large, I'm just shocked at how large.

speeder

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Activity: 994

Merit: 501

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I suspect all this volume loss, is that everyone lost their accounts during the Manipulator Induced crash from 7 to 5... (me included Sad

)

Nagle

legendary

Activity: 1204

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Quote from: BitMagic on September 21, 2011, 11:35:21 PM

To get back on track, I love this graph. I wonder what happened on the 15th, where "as transactions increase, spreads will decrease." Suuuuuuuuuuuure will!

Given their exposure to volatility, they have to have huge spreads.

BitMagic

member

Activity: 98

Merit: 10

To get back on track, I love this graph. I wonder what happened on the 15th, where "as transactions increase, spreads will decrease." Suuuuuuuuuuuure will!

Minsc

full member

Activity: 210

Merit: 100

Quote from: rezin777 on September 21, 2011, 11:00:57 PM

And you are here to spread the wonders of Bitcoin to those less fortunate? Or it's OK to profit, as long as it isn't too much? Isn't that what everyone is complaining about; they can't earn a Bit while the manipulator does his naughty business? At what point does one become a profiteer instead of savvy investor?

They should make a movie called: "Bitcoin Prices: How I learned to stop stagnating and love The Manipulator".

rezin777

full member

Activity: 154

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Quote from: ineededausername on September 21, 2011, 10:37:09 PM

Quote from: Shinobi on September 21, 2011, 10:29:37 PM

They have enough coins to break you, and enjoy the power from knowing that they can. You've been screwed for a while.

I doubt anyone spends money to buy themselves delusions of grandeur. The manipulator is merely a profiteer.

And you are here to spread the wonders of Bitcoin to those less fortunate? Or it's OK to profit, as long as it isn't too much? Isn't that what everyone is complaining about; they can't earn a Bit while the manipulator does his naughty business? At what point does one become a profiteer instead of savvy investor?

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: Shinobi on September 21, 2011, 10:29:37 PM

They have enough coins to break you, and enjoy the power from knowing that they can. You've been screwed for a while.

I doubt anyone spends money to buy themselves delusions of grandeur. The manipulator is merely a profiteer.

Shinobi

full member

Activity: 196

Merit: 100

They have enough coins to break you, and enjoy the power from knowing that they can. You've been screwed for a while.

speeder

hero member

Activity: 994

Merit: 501

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Quote from: happycamper on September 21, 2011, 12:37:40 PM

Quote from: speeder on September 21, 2011, 12:24:03 PM

This guy does not have infinite money

...Hell, they probably have more money than all of us combined.

I doubt that...

But if it is true, we are truly screwed.

happycamper

newbie

Activity: 30

Merit: 0

Quote from: speeder on September 21, 2011, 12:24:03 PM

This guy does not have infinite money

Neither do I. The important thing is they have more money than me. Hell, they probably have more money than all of us combined.

speeder

hero member

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If we all agree on that, why we just do not keep buying and pushing against the wall?

This guy does not have infinite money, eventually he will run out and will have to let the rally go...

NamelessOne

legendary

Activity: 840

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Quote from: happycamper on September 21, 2011, 11:28:49 AM

Quote from: ineededausername on September 21, 2011, 11:18:30 AM

I'm sort of wondering why the hell that wall even affected the rally. Anyone could see that it was manipulation.

It wasn't the wall that stop the rally. It was the 10k BTC that the manipulator dumped when the price got close to the wall. The wall is simply a sign that says you shall not pass.

That is true, that 10k BTC wall was quite something to watch.

happycamper

newbie

Activity: 30

Merit: 0

Quote from: ineededausername on September 21, 2011, 11:18:30 AM

I'm sort of wondering why the hell that wall even affected the rally. Anyone could see that it was manipulation.

It wasn't the wall that stop the rally. It was the 10k BTC that the manipulator dumped when the price got close to the wall. The wall is simply a sign that says you shall not pass.

BitMagic

member

Activity: 98

Merit: 10

Quote from: NamelessOne on September 21, 2011, 11:12:34 AM

I'm not worried myself based on charts and T.A., more just frustrated with the blatant 17000BTC Manipulation Wall that killed the really dead in its tracks. Obviously The Manipulator wants to buy lower and is happy to risk peoples confidence.

I would much more quickly trust indicators of behavior over silly fake walls.

Quote from: ineededausername on September 21, 2011, 11:18:30 AM

I'm sort of wondering why the hell that wall even affected the rally. Anyone could see that it was manipulation.

The idea and scale of the manipulation alone makes me worried. This affects everything.

Topic: Bitcoinica spreads off the charts (Read 2328 times)