nobody pulled out, no fake bid walls, watched it live, was real selling through the 10-9.7 resistance all the way to low 9's
Yes when it crashes big, people are panic selling like this month.
Topic: Holy CRAP the manipulator has pulled out!!!!! Freefall seems inevitable (Read 9557 times)
October 18, 2011, 10:09:26 PM
Yes when it crashes big, people are panic selling like this month.
September 27, 2011, 09:55:30 PM
A 15% spread in 48 hours. That is not 'stable'.
5 * 0.15 = 0.75
The most wild of the swings were 5.13 and 4.78. 5.13-4.78 = 0.35
However, you cannot count the wild swings because they last moments and half the time Gox doesn't fill out people's orders and so you can only count on what the price been most of the time, which has been from 4.86 through 4.96. That's about 1% movement a day
If this is too technical, look at http://mtgoxlive.com/orders?volumeon
Does it look like a tornado going all the way up?
In the last 96 hours it has been basically around 4.90 and not moving except one attempt at a rally that the manipulator crushed so he could buy cheap coins. (4.90ish is a good low price to buy them the way things are going).
Basically the price has stagnated. This is bad for speculators because if it swung from 5.00 to 6.00 every day and back and forth it would be far more stable than jumping somewhere and stagnating. You could be all "Oh it will be back to X amount in a day so no worries, I can price my products based on this."
Instead it jumps, then it stagnates for days, then it jumps and stagnates.
September 27, 2011, 06:39:26 PM
I find that bitcoin is quite stable at the moment, maybe it is not the price that we want but stable nonetheless, which is good for merchants and their customers who are adopting bitcoins.
September 27, 2011, 06:29:03 PM
September 24, 2011, 03:40:15 PM
Don't assume weekly or monthly calendar patterns persist. Very often you find 2-3 times fulfilling your prophecy and then they do not work any more.
I still remember the talks about the dead-sure weekend drop and then it did not happen at all any more.
I still remember the talks about the dead-sure weekend drop and then it did not happen at all any more.
Yes exactly. Recently it could be said that weekends are the rally days, but that might not last either.
September 24, 2011, 03:08:42 PM
Don't assume weekly or monthly calendar patterns persist. Very often you find 2-3 times fulfilling your prophecy and then they do not work any more.
I still remember the talks about the dead-sure weekend drop and then it did not happen at all any more.
I still remember the talks about the dead-sure weekend drop and then it did not happen at all any more.
September 24, 2011, 02:16:10 PM
Man, I was wondering who put that massive bid wall up. This is going to have us stuck at an artificially high BTC price for days! 
I have found that whenever I buy on a bull market, the price drops. The only way to buy coins that aren't overpriced is the very tip of a bear market. I was hoping Thursday it would drop but it's Saturday and still not stagnating. If it doesn't drop soon, I'm just taking my money out (to pay my rent) and then not putting any in until October 7th as the first week of the past few months have always been massive price drops that permanently lower bitcoin prices by several dollars.
Oh and this winter when mining makes electricity basically free, price may reach I don't know $1 temporarily.
September 24, 2011, 12:10:18 PM
The Manipulator has cancelled his 3000BC buywall so my money is a drop to $2. I'm going all in with a large order of all my money for $100 worth of coins there.
Man, I was wondering who put that massive bid wall up. This is going to have us stuck at an artificially high BTC price for days!
September 24, 2011, 11:17:40 AM
The Manipulator has cancelled his 3000BC buywall so my money is a drop to $2. I'm going all in with a large order of all my money for $100 worth of coins there.
I can't quite tell whether you're being ironic about your large order, or whether you think $100 is actually a large amount of money. For a teenager it can be, for anyone else it's a drop in the ocean.
Hopefully his large $100 bid wall keeps the price from going lower.
September 24, 2011, 11:10:26 AM
The Manipulator has cancelled his 3000BC buywall so my money is a drop to $2. I'm going all in with a large order of all my money for $100 worth of coins there.
I can't quite tell whether you're being ironic about your large order, or whether you think $100 is actually a large amount of money. For a teenager it can be, for anyone else it's a drop in the ocean.
September 24, 2011, 11:09:29 AM
Where was that buy 3000btc wall you are talking about? People have been selling into various walls for the last two hour. And there are plenty remaining.
September 24, 2011, 11:00:19 AM
The Manipulator has cancelled his 3000BC buywall so my money is a drop to $2. I'm going all in with a large order of all my money for $100 worth of coins there.
September 22, 2011, 04:35:04 PM
Well today, he's finally pulled out his huge buywall so hopefully it will freefall this Thursday. I bet those people who bought at 5.60 and those bots that insulted him from some of the sell orders feel silly now.
September 22, 2011, 09:48:08 AM
Quote
It does indeed look like the bid side of mt. gox has gotten lower.
However, with the price pretty low now huge free fall's probably won't happen as easily.
However, with the price pretty low now huge free fall's probably won't happen as easily.
+1
We're just having a break before the next push up
September 21, 2011, 06:30:59 PM
Guys, minsc is bearish so we have a RALLY!!!
September 21, 2011, 05:59:54 PM
My theory: Today, when the price neared $5, he pumped it up again so he could sell off the coins he bought as a prelude to sending it to the $4s.
I do appreciate his efforts to keep the price from stagnating. Stagnation is horrible!
I do appreciate his efforts to keep the price from stagnating. Stagnation is horrible!
September 21, 2011, 01:53:37 PM
It does indeed look like the bid side of mt. gox has gotten lower.
However, with the price pretty low now huge free fall's probably won't happen as easily.
However, with the price pretty low now huge free fall's probably won't happen as easily.
September 21, 2011, 11:17:06 AM
lol relax... this time we aren't in the middle of a massive downtrend. We actually have buying pressure now.
September 21, 2011, 11:16:59 AM
The general trend is still up through based on T.A. Most analysts predicted this fall and simply suggested buy more if possible when it is lower before it goes back up. I find it annoying as I'd rather it just climb and not have The Manipulator playing with us with 17000BTC walls, but I'll try to deal with it and make some money.
September 21, 2011, 11:13:44 AM
It's happening again!
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