i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making very bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
also noob-trader.
You do realize most of the buysupport is fake, do you?
yes, which is why i dont see an issue in regards to moving orders to where prices are preferential.. rather than let the naive traders panic and sell at whatever low price the buy players are dropping too..
i am not a naive trader by a long shot. i gave up trading my large hoards purely because i did, as you have seen the falseness of exchange trades.. i do not even bother checking the exchange values unless i see the panicky posts people write and then see what they are panicking about.
for anyone wanting instant cash.. sell on localbitcoins / otc's.. and for those investing. put their sell prices at higher preferencial prices. and realise the most easiest fact about trading.
you dont lose unless you sell at a loss.
so stop selling at a loss
