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Topic: S3052 and Manipulation Techniques - page 4. (Read 10024 times)

legendary
Activity: 2100
Merit: 1000
February 12, 2012, 12:00:00 PM
#8
Every analysis we do, be it for subscribers only or for the public contains unbiased analysis based on technical analysis methods, and this can be verified by the charts we display. If anyone disagrees with our analysis, they are all free to post their alternative.
hero member
Activity: 518
Merit: 500
February 12, 2012, 10:45:40 AM
#7
IMO its pretty akin to insider trading.
zby
legendary
Activity: 1594
Merit: 1001
February 12, 2012, 10:32:19 AM
#6
I don't agree with the moral stance - I don't think anyone posts his predictions here before he made his move - but I do agree that the dynamics of market reactions to S3052 predictions is an interesting subject.  My latest theory is that the "price supporter" reads S3052.
N12
donator
Activity: 1610
Merit: 1010
February 12, 2012, 10:22:50 AM
#5
This isn't a might makes right argument. And I don't believe might makes right.

This is a protect yourself argument because no one is going to do it for you.
Listen, philosophically, and in an ideal world, I agree with you, but this is speculation, and this is the real world with real people who aren’t all on the same level to see through all BS, and they won’t ever be.  If you want to debate this stuff, we can take it into the Politics forum.

There is a reason market manipulation is a crime, and while I don’t think the actual analysis is manipulation at all, the dynamic of short term updates and subscribers have developed pyramid-like traits among their own dynamic to react upon them, and I believe that S3052 should be made aware of it if he isn’t yet (which I find hard to believe). Plus of course the "public updates" moral issue in which he basically suggests to the public to give his subscribers money.

How about another suggestion? For the PR, S3052 could make private analysis and NOT publish it for a week or two, then publish and evaluate the advice he gave after the situation has changed.
N12
donator
Activity: 1610
Merit: 1010
February 12, 2012, 10:02:25 AM
#4
I bet eventually we will find out you are whining because you lost money. So what is the real purpose of my post?
I didn’t, the rate is above my purchase price and secondly, I sold over 5.9. And now GTFO with your Ad Hominems.

Where is the moral issue when someone suggests you do something, and you do it? Who is to blame?

If S3052 making a few comments on the bitcointalk forums can manipulate people into buying or selling Bitcoins, who is to blame?
I don’t want to argue with your libertarian "might makes right market manipulation is cool with me" logic. I am sure you do not agree with many of my morals. There is a moral issue when someone says he is an expert and then advises the public only to make his subscribers profit because the information is then biased, i.e. not descriptive, but suggestive. There is also a moral issue when an analysis consists of a race to act upon it first without actually reading it.

S3052, my advice is not to make public announcements that you've made private updates.  This most recent public update just looks like a reaction to your subscribers/the market not reacting as strongly as you had hoped to your private update and private update announcement.  I don't mean any disrespect, but that's just the way it comes off.
Why, so he can just serve the public the same thing but without them even knowing that it’s just for the subscribers to profit off? That would be even worse in my view.

Why I am primarily posting this is to warn both subscribers and the public from getting sucked into what I have detailled in my OP, as it can lead to losing money.
legendary
Activity: 2198
Merit: 1311
February 12, 2012, 09:51:17 AM
#3
S3052, my advice is not to make public announcements that you've made private updates.  This most recent public update just looks like a reaction to your subscribers/the market not reacting as strongly as you had hoped to your private update and private update announcement.  I don't mean any disrespect, but that's just the way it comes off.
hero member
Activity: 728
Merit: 500
February 12, 2012, 09:40:06 AM
#2
I don't see any problem with that...

Further, arguments like this have been dealt with over and over on these forums and throughout human history. I bet eventually we will find out you are whining because you lost money. So what is the real purpose of my post?
N12
donator
Activity: 1610
Merit: 1010
February 12, 2012, 09:26:36 AM
#1
First off, I have been a subscriber myself for a considerable time, and it hasn’t always been like this. Second, I do not want to attack S3052, but when I see the bullshit the public and subscribers get served, I just have to call it out.

Why I am no longer subscribed is that S3052’s analysis devolved 1) into a weekly newsletter with updated charts and more importantly, 2) almost pyramid-like zero sum CRASH or RALLY short-term updates.

The subscribers obviously have a disproportionate influence over the market, because they act all at once and the market is already small. Subscribers are also likely to have a bunch of BTC due to the cost of 5 BTC/month.

Now, what happens when he issues a short-term CRASH alert is that people race to sell WITHOUT REVIEWING THE ANALYSIS because they want to be first. So when his E-Mail hits, all subscribers try to sell before each other, creating what we have seen.

So, what is the problem?

The problem, or the - almost a kind of scam – is that a) subscribers only sell to buy back immediately at lower levels, so the last one loses out and b) the public gets spammed with suggestive manipulation AFTER the subscribers have sold.

I have already seen this multiple times as a subscriber myself, and it is despicable.

Solution: Either make your analysis completely public or completely private. If you share analysis to influence the public for your subscribers’ gains and make money off it, I see a huge moral issue.
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