MANIPULATION?! On Bitcoin?! You must be crazy!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33519. (Read 26461345 times)
May 05, 2013, 11:35:52 PM
I agree it is hard to say what exactly is happening with the wall but manipulation fits occam's razor for me.
MANIPULATION?! On Bitcoin?! You must be crazy!
MANIPULATION?! On Bitcoin?! You must be crazy!
May 05, 2013, 11:33:54 PM
It is definitely not one person, but I am certain the vast majority is one person
(If the White, rather than Grey sum number on ClarkMoody denotes multiple sources, which I am 99.9% certain it does - as the $110 sum is white, rather than grey)
(If the White, rather than Grey sum number on ClarkMoody denotes multiple sources, which I am 99.9% certain it does - as the $110 sum is white, rather than grey)
I'm not sure but I think the depth data might possibly show separate orders as separate entities.
May 05, 2013, 11:27:35 PM
Well I was wrong. We broke 120 before breaking 105.
This was clearly however cuz of godzillia but all is good.
When I have money on the line I seem to be wrong about 80%of the time. But when I don't I'm right 80% of the time.
Greed must really mess with my head.
This was clearly however cuz of godzillia but all is good.
When I have money on the line I seem to be wrong about 80%of the time. But when I don't I'm right 80% of the time.
Greed must really mess with my head.
The bears aren't extinct yet. I'm not convinced we don't dip again until 125.
May 05, 2013, 11:20:07 PM
Made a nice +30btc this time, after losing -10btc when it crashed down to 50's.
May 05, 2013, 11:11:54 PM
Quite a nice shallow upward slope these last few days. All very sensible and nice. I hope the bears stocked up this time -- eventually there will be no going back for more.
May 05, 2013, 11:08:43 PM
May 05, 2013, 11:06:10 PM
Well, seems the triangle is complete. Up we go?
Edit: I can drawz too!
Edit: I can drawz too!
Triangle magic! Chazaaaam!
May 05, 2013, 10:50:55 PM
Well you can all thank me for this event if it does turn around. Can you guess where I sold, lol? I AM THE CONTRARIAN!!!
May 05, 2013, 10:48:23 PM
I can't believe it's still going up, and bid sum has almost recovered.
May 05, 2013, 10:48:05 PM
Stop it, the price is not coming down. 
May 05, 2013, 10:46:23 PM
Lag is on its way up..........price coming down?
EDIT: NVM its gone again.
EDIT: NVM its gone again.
May 05, 2013, 10:44:20 PM
My gut is telling me that it is not someone new, just the same old BS on a different day. See you guys on the low side of 90. 
I think the wall owner got impatient. The bids weren't appearing in front of it fast enough so he gave it a little nudge. I agree with you in principle but I don't think we'll go that low when the dump finally arrives
May 05, 2013, 10:43:11 PM
May 05, 2013, 10:42:22 PM
May 05, 2013, 10:41:30 PM
Any of the big Bitcoin businesses would be interested in stability, including of course MtGox.
Why now? Gox has been taking $ hand over fist during these last few days and I didn't see any mystery walls then.
There's also a number of people who have 50k-300k coins who probably have cashed out 1-5M. If I owned that many coins, I'd keep a nice chunk of cash on MtGox to prop up Bitcoin as needed.
If I owned that many coins I would use them to manipulate the market and turn them into more coins while BTC is still in the triple and (possibly) double digits. This is the time for the whales to turn huge profits into really huge profits. Once BTC hits the thousands it will not be so easy. That's when the market really needs propping up.
The interesting thing is, the coin dumps have stopped. No one has sold a huge chunk of coins. No one wants to cash out anymore? More evidence the coin dumps are to move the market down, not to take profit.
Or they're simply waiting for the price to go up to take bigger profits. Look, we're going to test 120. Let's see what happens...
May 05, 2013, 10:37:10 PM
My gut is telling me that it is not someone new, just the same old BS on a different day. See you guys on the low side of 90.
May 05, 2013, 10:13:42 PM
It just boggles my mind that someone will play around with 2mil in cash in a market like this. I wonder how many BTC he has?
Zero. And just learned about Bitcoin, how amazing it is, and wants a long-term holding like Winklevii, Exante and Keiser?
Unless they don't give a shit because they HAVE 2 million to play with
You don't earn $2m by screwing around like that.
That's not entirely true. Inheritance, Trust Fund, Lottery, Someone who has made millions and has been studying BTC and decided it was a good time to try it out, Someone who feels like for that price it would be worth scooping them up, someone who dumped them for profits and now realizes they aren't dropping low enough so he is cutting his losses, etc. etc
May 05, 2013, 10:10:36 PM
Well, seems the triangle is complete. Up we go?
Edit: I can drawz too!
Edit: I can drawz too!
May 05, 2013, 10:06:19 PM
So it is! I knew I'd learn something being here! Thanks for the pointer - it was so obvious, it was no surprise I missed it!
May 05, 2013, 09:54:59 PM
White is for round numbers.
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