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Title: Artificial Crash? Post by: CSSpencer on December 06, 2013, 07:46:25 PM This looks way to much like April, I mean look at the volume of BTC changing hands.
Something is up, 30 minute delay on Gox. It looks like we're stuck on replay.. https://i.imgur.com/xembW1R.png?1 I'm new here, so I'm curious of some of the better informed members opinions. Title: Re: Artificial Crash? Post by: bernanke on December 06, 2013, 08:04:09 PM Yes!
bitcointalk.org/index.php?topic=360152.0 Thought it was something wrong with my browser :P It's in a loop! Title: Re: Artificial Crash? Post by: ajax3592 on December 06, 2013, 08:15:27 PM Whales would like to earn some quick profit by manipulating the market at this time by selling their stashes as we are heading towards a crash.
Title: Re: Artificial Crash? Post by: Kiki112 on December 06, 2013, 08:21:06 PM Whales would like to earn some quick profit by manipulating the market at this time by selling their stashes as we are heading towards a crash. why do you think we're heading towards a crash ??? and btw if mt.gox is being manipulated how come did bitstamp prices go down too? maybe it's because of relation of those two but still :D Title: Re: Artificial Crash? Post by: VeryTripy on December 06, 2013, 08:44:02 PM It is a panic price drop. Pure speculation. Most of these threads about mt. gox and the trolls that try to convince you that it is the end ar actually working for their own gain. Why? Because they want to drive the price down, buy bitcoin cheap and wait until the price rises again. Get used to this. Then they do the cycle all over again. This is how they work. They are probably more invested in bitcoin than we are.
Title: Re: Artificial Crash? Post by: ajax3592 on December 06, 2013, 08:45:34 PM It is a panic price drop. Pure speculation. Most of these threads about mt. gox and the trolls that try to convince you that it is the end ar actually working for their own gain. Why? Because they want to drive the price down, buy bitcoin cheap and wait until the price rises again. Get used to this. Then they do the cycle all over again. This is how they work. They are probably more invested in bitcoin than we are. Damn, you ain't no newbie ;D Jokes apart we are in midst of times where we should tread carefully and wait for the weekend to get over. Title: Re: Artificial Crash? Post by: pand70 on December 06, 2013, 09:04:40 PM You don't need any kind of manipulation to sell after the news that baidu no longer accepts bitcoins. Remember the hype when baidu announced that they accept bitcoins?
Title: Re: Artificial Crash? Post by: zugende on December 06, 2013, 09:30:03 PM Hmm.. I still dont get it how to interpret this "loop".
Correct me if I am wrong: The price goes down to a certain kind of level, then someone just put a big buy-order in the pool, which will rise the price. And what they`re doing next? How they are going to make money out of this? Best regards, zugende Title: Re: Artificial Crash? Post by: immortal4now on December 06, 2013, 09:46:37 PM This regular trade pattern may create trading bots I believe
Title: Re: Artificial Crash? Post by: Martijnvdc on December 06, 2013, 09:49:47 PM I have noticed the pattern as well. It's buying and selling an equal amount of BTC each time...
Title: Re: Artificial Crash? Post by: pand70 on December 06, 2013, 10:03:55 PM Hmm.. I still dont get it how to interpret this "loop". Correct me if I am wrong: The price goes down to a certain kind of level, then someone just put a big buy-order in the pool, which will rise the price. And what they`re doing next? How they are going to make money out of this? Best regards, zugende It looks like they just repeat the order book. Not sure what happens with the new orders though. Title: Re: Artificial Crash? Post by: wasserman99 on December 06, 2013, 10:07:53 PM i think this was due to the mt gox trade engine freeze.
Title: Re: Artificial Crash? Post by: alienhobbit on December 06, 2013, 10:09:36 PM Or maybe they are trying to do this:
http://en.wikipedia.org/wiki/High-frequency_trading |
