Topic: The Pro Manipulators Are Here - page 2. (Read 1797 times)

Dont matter it will go down.

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

The biggest maniupulator is the market and the markes says btc need go down atm

Pro manipulators start by building a reputation in the forums by posting their analysis of the current bitcoin market.  Once they develop trust they will use their acquired trust to their own advantage.  They may even have multiple accounts.

I have witnessed this in action while trading stocks on Wallstreet and on Yahoo! forums.  When Yahoo Finance was first introduced in the 1990s, it was a crazy wild west.  Everyone including day traders, mutual fund managers, bankers, etc. would go to these forums and spew ridiculous claims.  It came to a point where people sued other forum board members, and some were even prosecuted.  Imagine if that would ever happen today!  Laws were created that disallowed mutual fund managers to post in the forums, including Yahoo Finance and SiliconInvestor.

However, even though these laws were created I have seen manipulation that is illegal, but due to anonymity they cannot be caught and prosecuted (this was about 10 years ago).  For example, I remember navigating the Yahoo Finance forums and one user was making a lot of good calls between different stock boards.  This user then made a call to buy stock in xxx because of insider information.  A lot of people started buying the stock and then a few days later the company was worth nothing.  This still happens all the time with penny stocks and it used to be "more illegal", but nowadays it's a free for all due to "freedom of speech".

I'm pretty sure you guys all know this and I am preaching to the choir.  :}