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Topic: Most likely source of the major dumps? - page 2. (Read 2882 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
December 14, 2012, 03:25:51 PM
#14
Surely the news that mtgox's Jed and prosper.com founder Chris's joint venture to develop a "better" alternative coin has nothing to do with the dump, for sure.

link?
It's not a coin...

https://bitcointalksearch.org/topic/is-ripple-a-bitcoin-killer-or-complementer-founder-of-mt-gox-will-launch-ripple-128413

Oh Ripple
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
December 14, 2012, 03:23:56 PM
#13
Surely the news that mtgox's Jed and prosper.com founder Chris's joint venture to develop a "better" alternative coin has nothing to do with the dump, for sure.

link?
It's not a coin...

https://bitcointalksearch.org/topic/is-ripple-a-bitcoin-killer-or-complementer-founder-of-mt-gox-will-launch-ripple-128413
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
December 14, 2012, 03:21:38 PM
#12
Surely the news that mtgox's Jed and prosper.com founder Chris's joint venture to develop a "better" alternative coin has nothing to do with the dump, for sure.

link?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
December 14, 2012, 03:17:29 PM
#11
Maybe it just hit a sell price for some peers?
legendary
Activity: 1806
Merit: 1003
December 14, 2012, 03:15:58 PM
#10
Surely the news that mtgox's Jed and prosper.com founder Chris's joint venture to develop a "better" alternative coin has nothing to do with the dump, for sure.
full member
Activity: 238
Merit: 100
December 14, 2012, 03:13:02 PM
#9
Anything stop someone from selling and buying between multiple accounts to try and create fake volume?

MtGox fees.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
December 14, 2012, 03:09:44 PM
#8
Anything stop someone from selling and buying between multiple accounts to try and create fake volume?
hero member
Activity: 602
Merit: 500
December 14, 2012, 03:05:05 PM
#7
I really need to set up that tin foil hat for btc store I've been thinking about.

Oh yeah...
Want another conspiracy theory?

Tomorrow is the first ICBIT future settled. Someone wants to manipulate the Mt.Gox rate down,
maybe just by 0.50 in order to make huge profit from leveraged futures shorted at 13.50

just kidding...
full member
Activity: 160
Merit: 100
December 14, 2012, 03:01:48 PM
#6
By the walls being setup-- someone, without question, wants you to sell your BTC.
hero member
Activity: 702
Merit: 503
December 14, 2012, 02:45:50 PM
#5
I must say that I strongly suspect MTgox.
+1 MtG has always been suspected, and will continue to be. Every xchange has incentive to do that.
It will be impossible to prove until Bitcoin is big enough that the government regulators move in.

That also means that a lot of people still have more than enough fiat to pump and dump for dollars or Bitcoin.
legendary
Activity: 1904
Merit: 1002
December 14, 2012, 02:33:24 PM
#4
I must say that I strongly suspect MTgox.

I don't believe there is any economic incentive to dump BTC like this as a long investor.  It has to be someone that is getting massive amounts of BTC without buying them.

MTGox makes money off trading and dumps like this creates massive trading days and brings out traders.

I really need to set up that tin foil hat for btc store I've been thinking about.
full member
Activity: 160
Merit: 100
December 14, 2012, 02:30:16 PM
#3
I must say that I strongly suspect MTgox.

I don't believe there is any economic incentive to dump BTC like this as a long investor.  It has to be someone that is getting massive amounts of BTC without buying them.

MTGox makes money off trading and dumps like this creates massive trading days and brings out traders.
legendary
Activity: 1904
Merit: 1002
December 14, 2012, 02:24:51 PM
#2
Major, long term investor who's bitcoin holdings became a bit overweight in his portfolio.
full member
Activity: 160
Merit: 100
December 14, 2012, 02:22:36 PM
#1
You get two votes per user.  I'm also allowing people to change their votes based on discussion.
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