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Title: MTGox pump and dump in progress - edit: it failed Post by: freet0pian on November 21, 2013, 05:03:18 PM Who is the whale doing this? Or is it perhaps the owners of MTgox instead? Scam the people before fading into obscurity?
Btc-e is following a little, and the chinese? Naah it seems there's not enough of arbitrage between the east and west. This would be a good reason to have decentralized exchanges, less hidden players that way. - freet0pian Title: Re: MTGox pump and dump in progress - right now Post by: BitCoinNutJob on November 21, 2013, 05:23:35 PM its pretty crazy
Title: Re: MTGox pump and dump in progress - right now Post by: indianplayers on November 21, 2013, 05:29:06 PM People taking profits before the weekend?
Title: Re: MTGox pump and dump in progress - right now Post by: freet0pian on November 21, 2013, 06:18:55 PM People taking profits before the weekend? I think the person/group was trying to instigate a monday repeat. -freet0pian Title: Re: MTGox pump and dump in progress - edit: it failed Post by: franky1 on November 21, 2013, 09:01:09 PM people need to learn trading psychology..
EG April = financial year end/start november december = sell off to get presents and gifts ready for christmas. and then if you check every month inbetween, the first week of every month there are mini ramps and dumps, this is 'pay day' and store restock days (most probably) theres a pattern to this in every market. so dont panic next time Title: Re: MTGox pump and dump in progress - edit: it failed Post by: mootinator on November 21, 2013, 09:27:58 PM people need to learn trading psychology.. EG April = financial year end/start november december = sell off to get presents and gifts ready for christmas. and then if you check every month inbetween, the first week of every month there are mini ramps and dumps, this is 'pay day' and store restock days (most probably) theres a pattern to this in every market. so dont panic next time Yup. End of December to summer vacation booking profit-taking is generally the best time of the year to Edit: That should be hold. You want to accumulate in the fall while people are dumping for Christmas then hold until spring or early summer. Title: Re: MTGox pump and dump in progress - edit: it failed Post by: freet0pian on November 22, 2013, 12:02:02 AM Gotta watch december, thanks for the insight.
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