Alright. Let's say we are no longer "in denial" about willy.
The bot existed. Created plenty of buying pressure and drove up price.
So, how about the evidence that it wasn't a customer funded, exchange internal bot, running to split up large orders of gox'preferred clientswhales over a longer time span to minimize costs? As in: who says Willy didn't have the USD behind it?
I mean, I get it... I dislike gox as much as anyone in here. There's at least a real chance that they have been running a fractional reserve for a long time, and the last "bubble" was created without new money coming in (to a degree at least). However, "chance" is not the same as "proof".
The bot existed. Created plenty of buying pressure and drove up price.
So, how about the evidence that it wasn't a customer funded, exchange internal bot, running to split up large orders of gox'
I mean, I get it... I dislike gox as much as anyone in here. There's at least a real chance that they have been running a fractional reserve for a long time, and the last "bubble" was created without new money coming in (to a degree at least). However, "chance" is not the same as "proof".
First of all, there's no way Mark would program that shit. I think it's quite telling when Shrem said recently that he literally had to beg Mark to change a single line of code, and that they had to post him humus and schnitzels from New York to entice him away from his cat. But let's say the function was legitimate, why would you rotate the accounts? It makes no sense. If it was to split large whale orders, why not use one account or run accounts simultaneously?
It seems probable that it was a hack, made while the K man was blissfully oblivious, building a little mansion for Tibane up in his high-rise Tokyo apartment.
), but it probably had a substantial influence on price.
