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Topic: Watch how manipulation is done at Mt.GOX - page 2. (Read 2072 times)

hero member
Activity: 531
Merit: 500
February 17, 2014, 03:16:17 PM
#1


After gox confirmed BTC withdrawals are gonna be working next days and they have improved many aspect of their platform here u can see how manipulators push prices down to buy cheap before withdrawals start working. Suddenly some of them will buy ONLY (because is not really much) a Million or a few M. dollars.. and prices will rise fast and furious Cheesy Don't say i didn't warn if u get 300-400-500 dolars per bitcoin when they are worth now about 650$ and in a few weeks over $800

Edit: Just in case u are new and can't see what is happening there.. Microsells are being made in order to make it look that people keep selling and show everything red.. at the same time sell orders constantly appear, as u can see those sell orders are the 90% same amounts.. In simple words they creat artificially a down/panic/sell enviroment to check if noobs sell to them their BTC before gox open withdrawals and prices go back to 700+ levels.. This plus the fact that traders and another guys know this so they "participate" in this artificial enviroment selling/contributing to this with the hope they also will be able to buy at lower prices.

If this helps to understand u can donate here 1PrXzRhGY6gcLypp9kmMGPWNkyPGrwsZiD Cheesy


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