Have you guys consider for a split second that somebody might really want to sell those coins?
Yes, we're considering that somebody is willing to sell coins, and thus placing a fake bid wall to take the price up
Also, all this work pushing the price up, then he, according you guys' manipulation theories, is able to sell at higher price. I hate to burst your bubbles, but if removes the wall there is no market depth to execute his selling orders at whatever prices he has been trying to push to.
There are already $740k in front of his wall (from $110 to $114.6), that's a nice depth, enough to dump +
BTC6,000 significantly higher than when the bid wall did not exist.. And there is another $1M sitting between the $110 wall to $105. That depth is built around the wall that creeped up from $100 to $110 after a crash to $80.
Also, if you have more money than what is necessary to manipulate a market, then you can only go for peanuts anyway. Market manipulations usually have strategic/political goals behind. Sinking a small player, build or destroy confidence on an niche, media access, etc. Manipulating to capitalize doesn't really work, if you are the biggest player then you are the most affected by your manipulation.
Making a 10% or 20% profit because of your successful manipulation is never peanuts, never. You set the trends and make smaller players to follow them. This happens in all the markets - in the bigger "real world" markets you have JP Morgan, Goldman Sachs and the likes - in BTC an individual can be a "market mover" at this stage.
