I think, someone with much money AND much BTC wanted the BTC price to rise. So how he can try this without paying too much? Right, try to pump the price on a trusted exchange with the lowest volume, BTC-E
and people comes with btc that have been bought from other exchanges then price falls, not a good finance strategy with one of the most arbitrageable thing on this universe. 
Topic: BTCe action today - page 2. (Read 3098 times)
I think, someone with much money AND much BTC wanted the BTC price to rise. So how he can try this without paying too much? Right, try to pump the price on a trusted exchange with the lowest volume, BTC-E
i just wonder why buyer is doing this on btc-e
if he tries this at bitfinex probably collects with better margin.
any other big exchange has more usd volume so more sell walls.
is there anything special at btc-e that others dont have ? i dont think so, it is worst exchange for a pump or collecting bitcoin especially at these volumes.
if he tries this at bitfinex probably collects with better margin.
any other big exchange has more usd volume so more sell walls.
is there anything special at btc-e that others dont have ? i dont think so, it is worst exchange for a pump or collecting bitcoin especially at these volumes.
what's up with btc-e it's going up much higher than other exchanges. do they know something we don't? in this rate it can easily reach $300
If you find this news, i dont know what to say.
Btc-e has a long track record not only that exchange but most exchange have price manipulation. But, it depends on the level of manipulation, like how mt.gox did it back in the day was with phantom deposits, which can be doing as well.
Btc-e has a long track record not only that exchange but most exchange have price manipulation. But, it depends on the level of manipulation, like how mt.gox did it back in the day was with phantom deposits, which can be doing as well.
But this is quite a big rally, also it's already the second rally today, even! How do you think they're doing it, actually? If they were outright buying BTC with 'phantom' amounts of FIAT, they'd be guaranteed to go under in the future. I don't think you'd want to get yourself in a fractional-reserve position deliberately as an exchange(!) Just take a loot at "It's a wonderful life"!
I enjoy it when Bitcoin does crazy things. Feels like the good old days. 
Couldn't have said it better myself.
If you find this news, i dont know what to say.
Btc-e has a long track record not only that exchange but most exchange have price manipulation. But, it depends on the level of manipulation, like how mt.gox did it back in the day was with phantom deposits, which can be doing as well.
Btc-e has a long track record not only that exchange but most exchange have price manipulation. But, it depends on the level of manipulation, like how mt.gox did it back in the day was with phantom deposits, which can be doing as well.
I enjoy it when Bitcoin does crazy things. Feels like the good old days.
They probably did it themselves to generate volume. More trades = more fees and it makes up for the amount spent in pumping.
agreed! the only reason of a pump
Nah, don't think so. It's very difficult to control how fake buys/sells work out. You, as an exchange, could end up losing quite a bit by trying this. The most reasonable explanation is still, unfortunately, that there'll be a ban of some kind. Or maybe manipulation to create a short squeeze: https://bitcointalksearch.org/topic/manipulators-trying-to-cause-some-cascade-by-pushing-the-price-on-btc-e-1040020
Good lord they are at it again. It just hit 257. Maybe the Russians finally discovered sound money. Could btce lead the next rally? I never would have guessed that.
They probably did it themselves to generate volume. More trades = more fees and it makes up for the amount spent in pumping.
agreed! the only reason of a pump
They probably did it themselves to generate volume. More trades = more fees and it makes up for the amount spent in pumping.
They don't really need that. They have enough cash from just running the biggest completely anonymous exchange.
It was simply a big order that caused a short hype.
The chat shows price went up $13 for some minutes and came back down. It was just a large buy order. Let's hope there's another tomorrow. 
What is this action about? Can't find anything so far. Even on reddit there is nothing that indicates the sudden jump in volume. Perhaps a whale trying to make some fun.
They probably did it themselves to generate volume. More trades = more fees and it makes up for the amount spent in pumping.
the exchange has low prices for reasons, but yeah more like price manipualtion.
Pump and dump seems pretty often though. Its either that or some major scammers cashing out on bitcoin. Esp, all those ponzis I seen in the gambling section that people throw like 1 btc minimum with fake deposits.
Pump and dump seems pretty often though. Its either that or some major scammers cashing out on bitcoin. Esp, all those ponzis I seen in the gambling section that people throw like 1 btc minimum with fake deposits.
action is over. it only went up a few bucks. nothing special. btc-e orderbook is very thin so a pump is quite easily initiated. let's hope next pump will last a bit longer.
maybe some crazy russian whale buying up who has some inside info for the real pump tomorrow?
action is over. it only went up a few bucks. nothing special. btc-e orderbook is very thin so a pump is quite easily initiated. let's hope next pump will last a bit longer.
Pummmppp and duuuumppp
Could be a whale buying up.
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