2000
BTC wall@ 2300 CNY@Huobi. Is it the same one who put up the 5000 wall before we started the big rise to 418$?
A lot of buy orders right below 2300CNY, he probably wants em get filled.
Edit: Wall eaten(probably by himself as a single 1500 buy order was among it)
"How to create volume 101"
now hes placing bids at the front line and fill them him self too
who to create volume 102!
There are only a few guys who are trading on all of the exchanges. Maybe 10 guys at the most. The same as those who are posting in this thread... and I am getting sick of you fucking idiots!!!!!!!!!!
This is trading and wall observing 103.
I am starting to have the same feeling (as a next step after this:
https://bitcointalksearch.org/topic/m.9216112).
yes the market is out to get you, buy 1 full coin and the market WILL drop and wait for you to sell that 1 coin back and then rise again, all volume between YOUR REAL trades is faked.
Mostly I was joking.. and/or exaggerating for shits and giggles.... as some may say.
Overall, I am NOT as pessimistic as you fellows seem to be making this out to be (at least at the moment).... but overall, if it is really true that some of the Chinese exchanges (and maybe even some of the other exchanges) are actually engaged in a sort of fractional reserve banking, then there may be some fuckerie going on, and I hope that is NOT the case.
We do need to get some mechanisms in place to disallow fractional reserve banking of BTC because then sooner or later, these fucking whale manipulators will run out of coins. However, if these whale manipulators really are cheating by trading coins that they do NOT have, then that kind of problem is kind of BIG... and mechanisms need to be put in place to remove and/or minimize the ability for whale manipulators to accomplish such cheating (b/c bitcoin was NOT designed for fractional reserve banking). I know that there is quite a bit of work in various aspects of the bitcoin space to attempt to address these fractional reserve banking issues... and hopefully sufficient progress is being made in order that we are able to channel our bitcoins into the right mechanisms (such as posters have mentioned the decentralized exchanges when they hopefully evolve).
