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Topic: What happened yesterday? (6/1/14) - page 2. (Read 1816 times)

member
Activity: 91
Merit: 10
June 02, 2014, 08:12:32 AM
#7
It rocketed to 680 then dropped to sub 630. Was this market manipulation by day traders? Was it natural? Did something happen yesterday?

If you haven't realized it yet, there are people with large sums of bitcoins that are manipulating the price with pumps and subsequent dumps.

I literally posted 5 minutes before the dump that it was going to dump.  And it did.

All I did was look at the last spike 3 months ago.  Right around $680.   And like clockwork .... I posted when it hit $680 .... and...

This is being manually affected.   Bitcoins real price is in the $450-500 range right now.  Everything else is manipulation.

-B-

Good call. This whole explosive run up since 20 May looks totally engineered and it can be engineered in the opposite direction if those behind it can benefit.
hero member
Activity: 812
Merit: 587
Space Lord
June 02, 2014, 08:10:13 AM
#6
You're living in a dream world... Was gold parity manipulation? I don't think so. Bitcoin has yet to live up to its potential which is far above yesterday.
legendary
Activity: 1176
Merit: 1010
Borsche
June 02, 2014, 08:09:51 AM
#5
No, bitcoin market is actually manipulated by people with enormous amounts of fiat who create artificial dumps to complete subsequent pumps and get more bitcoins.

The reason that it looks like a pump-n-dump to you is because you either have the monitor upside down or are glued with your feet to the ceiling.
newbie
Activity: 57
Merit: 0
June 02, 2014, 08:05:33 AM
#4
Easy Bittbuger you're going to hurt yourself patting yourself on the back. I think it had more to do with the price doubling the $340 low so it was a good time for people to take some profit.
hero member
Activity: 924
Merit: 1001
June 02, 2014, 08:01:40 AM
#3
It rocketed to 680 then dropped to sub 630. Was this market manipulation by day traders? Was it natural? Did something happen yesterday?

If you haven't realized it yet, there are people with large sums of bitcoins that are manipulating the price with pumps and subsequent dumps.

I literally posted 5 minutes before the dump that it was going to dump.  And it did.

All I did was look at the last spike 3 months ago.  Right around $680.   And like clockwork .... I posted when it hit $680 .... and...

This is being manually affected.   Bitcoins real price is in the $450-500 range right now.  Everything else is manipulation.

-B-
legendary
Activity: 1106
Merit: 1005
June 02, 2014, 07:55:55 AM
#2
Sorry, I farted and the price went down.

http://en.wikipedia.org/wiki/Butterfly_effect
hero member
Activity: 518
Merit: 500
June 02, 2014, 07:35:46 AM
#1
It rocketed to 680 then dropped to sub 630. Was this market manipulation by day traders? Was it natural? Did something happen yesterday?
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