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Topic: There is no price discovery... - page 2. (Read 3580 times)

member
Activity: 70
Merit: 10
April 16, 2013, 12:00:03 PM
#24
oh the pain(ala dr zachary smith on lost in space) limit bids are getting crushed
member
Activity: 70
Merit: 10
April 16, 2013, 11:53:48 AM
#23
i see it now. buyers are going to be drying up with these swings.
newbie
Activity: 56
Merit: 0
April 16, 2013, 11:53:34 AM
#22
So who's doing it and when will it drop again?

This is the toughest learning experience since puberty.

I know nothing and need to pay attention is what I have learned so far.



Think I'll just go hyperventilate in a corner somewhere.....  


Be very patient and keep waiting till the price stops moving like a yo-yo.  This game never lasts forever and the price will find a bottom regardless of who is doing what.  After a couple weeks when it starts back with slow growth buy coin.  Hold it, have patience, and one day profit.  When it starts going up like mad and you can't figure out why sell at huge profit before it drops and ignore the BS from permabulls.  Don't get greedy and ride the next bubble back down.  If it doesn't hit a bottom and start to slowly trend up speculation and volatility will quickly force lots of people out.  Either way it will find a bottom.  If someone is manipulating it doesn't matter.  At some point they have to go away for a while and let it level off if they want to play the game.

I still don't think it is a conspiracy.  With all the hype a lot of risk takers came in with money.

Some are currently buying at their perceived value while others are panicking still.
member
Activity: 70
Merit: 10
April 16, 2013, 11:50:35 AM
#21
So who's doing it and when will it drop again?

This is the toughest learning experience since puberty.

I know nothing and need to pay attention is what I have learned so far.

Still don't know if it's a good idea to buy right now or not.  I need to use a few coins within a few days but obviously don't want to buy right now if this is a trap.
Seems to me, atm, the price won't fall while people are buying, so I am just chasing it, waiting for a small dip to buy in and finding none.  
Ask wall coming up on the floor @79.98. 222 coins.  Does that count as a wall?
Just how easy is it to manipulate the price at several different exchanges at once?
Right now I am just chasing the price.
Where is my fairy Godmother?
They just blew right through the 'wall' like it was nothing....Holy shite.
Do I buy in now!?
Think I'll just go hyperventilate in a corner somewhere.....  

i would just wait til you need to use the coins, then buy them. just my 2c
member
Activity: 80
Merit: 10
April 16, 2013, 11:46:59 AM
#20
So who's doing it and when will it drop again?

This is the toughest learning experience since puberty.

I know nothing and need to pay attention is what I have learned so far.

Still don't know if it's a good idea to buy right now or not.  I need to use a few coins within a few days but obviously don't want to buy right now if this is a trap.
Seems to me, atm, the price won't fall while people are buying, so I am just chasing it, waiting for a small dip to buy in and finding none.  
Ask wall coming up on the floor @79.98. 222 coins.  Does that count as a wall?
Just how easy is it to manipulate the price at several different exchanges at once?
Right now I am just chasing the price.
Where is my fairy Godmother?
They just blew right through the 'wall' like it was nothing....Holy shite.
Do I buy in now!?
Think I'll just go hyperventilate in a corner somewhere.....  
member
Activity: 70
Merit: 10
April 16, 2013, 11:43:26 AM
#19
1400 shares on ask went through. someone knows something
member
Activity: 70
Merit: 10
April 16, 2013, 11:41:09 AM
#18
750 share block just went through.
newbie
Activity: 56
Merit: 0
April 16, 2013, 11:38:22 AM
#17
i am sorry but the blocks of coins and the money we are talking about here cant be a bunch of kids. there is some serious money manipulating the price. plain and simple.

Maybe they are manipulating and setting bull traps but, that is not to be unexpected.  The market cap is low and a group could easily bond together with a few $100 million and move the price.

On the other hand there are plenty of bulls as evidenced on this forum who will buy back in every time the price is PERCEIVED low.  There are also plenty of those same sheep who will panic sell.  This happens with every other investment, why is BTC different?  AAPL had a sell off from $800 down to $400 in no time.  Look at what happened to gold yesterday.  That wasn't some rich genius, it is just speculators speculatin'.  Learn the snafu and profit, this game is easy.
donator
Activity: 1218
Merit: 1015
April 16, 2013, 11:36:43 AM
#16
i am sorry but the blocks of coins and the money we are talking about here cant be a bunch of kids. there is some serious money manipulating the price. plain and simple.
It took a lot of coins to equal $1 back in the day when only basement-dwellers had the time to even figure out what the Hell a "Bit-coin" is.
member
Activity: 70
Merit: 10
April 16, 2013, 11:35:28 AM
#15
i am looking at the bid side. there are hundreds of limit buys between $75 and $76. you mean to tell me someone is going to buy 300 coins x 75 on the way down??
member
Activity: 70
Merit: 10
April 16, 2013, 11:32:06 AM
#14
i am sorry but the blocks of coins and the money we are talking about here cant be a bunch of kids. there is some serious money manipulating the price. plain and simple.
newbie
Activity: 56
Merit: 0
April 16, 2013, 11:31:08 AM
#13
They will run the price up to 80-85 and then it will collapse again. Like clockwork.
Looks like one tinfoil hat wasn't enough - here, better double up!

Hell buy some industrial rolls and build a house.  It doesn't matter to me if it is the speculators I assume run it up or a manipulator.  The important thing is profit at this point until the price is stable.
legendary
Activity: 1400
Merit: 1005
April 16, 2013, 11:29:06 AM
#12
They will run the price up to 80-85 and then it will collapse again. Like clockwork.
Looks like one tinfoil hat wasn't enough - here, better double up!
sr. member
Activity: 336
Merit: 250
April 16, 2013, 11:27:33 AM
#11
They will run the price up to 80-85 and then it will collapse again. Like clockwork.
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
April 16, 2013, 11:24:08 AM
#10
member
Activity: 70
Merit: 10
April 16, 2013, 11:23:31 AM
#9
If MtGox ran the price up in the first place I'm pretty sure they would have done it in a much more subtle way than a full on parabolic increase followed by a crash.

would you want to wait years for your millions or have it right now?
legendary
Activity: 2097
Merit: 1070
April 16, 2013, 11:21:23 AM
#8
If MtGox ran the price up in the first place I'm pretty sure they would have done it in a much more subtle way than a full on parabolic increase followed by a crash.
member
Activity: 70
Merit: 10
April 16, 2013, 11:21:17 AM
#7
They were printing money all the way up to $266. They have no one to answer to and no rules to follow. Its like the wild wild west.
donator
Activity: 1218
Merit: 1015
April 16, 2013, 11:20:51 AM
#6
Yeah. It basically has me looking at Bitcoin (and associated price volatility) as a money volcano. Every day, up $40, down $40. You can't lose!
newbie
Activity: 56
Merit: 0
April 16, 2013, 11:20:06 AM
#5
only the manipulation of MtGox

It is obvious that not only are they totally manipulating the price action, they are running ghost trades and faking volume.

I don't doubt you as I don't have the answers but, when making accusations evidence of the obviousness would help to validate.  Right now it looks like a series of bull traps on the way down from what I am seeing.

Did the great manipulator really lay dormant for 2 years and now has returned?  Grin
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