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Topic: Who do you think is the next GOX that has been trying to manipulate price? - page 2. (Read 1135 times)

hero member
Activity: 728
Merit: 500
Manipulation or not, this thing is coming from China.

Just see, for example, Huobi price, that last days is always $10+ above other exchanges. Such gap was not the rule in the past
If Huobi is the leader,  then why did Huobi have no volume on the Friday move? It seems like Huobi is just this Chess game where Chinese day traders get together for 3 hours a day and duke it out,  at a certain time of day that's completely unrelated to market movements.
hero member
Activity: 741
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Manipulation or not, this thing is coming from China.

Just see, for example, Huobi price, that last days is always $10+ above other exchanges. Such gap was not the rule in the past
hero member
Activity: 728
Merit: 500
Can you explain how the solution to cover a bitcoin shortage is to sell huge amounts of bitcoins?
legendary
Activity: 2786
Merit: 1031
Someone is realizing gains?
legendary
Activity: 2268
Merit: 1011
Be A Digital Miner
It is obvious that someone is VERY short BTC right now from the unnatural level of concentrated sell volume whenever the price gets around $465.   Who do you think is manipulating the market to hide the fact that their company is likely going to blow up like Gox did?
My suspicion is with the businesses that allow people to buy and store the coins at their brokerage.  Those companies can stay short as long as people do not move the coins to their personal wallets (similar to demanding physical delivery of a commodity).
If you look at the last four weeks it is obvious someone is in very deep trouble that worsens when the price rises.
Any one else have thoughts on why a rational seller would sell huge amounts of coin all concentrated in a tight period that only serves to drive the price lower?
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