Bitcoin Forum

Economy => Speculation => Topic started by: bittenbob on November 19, 2011, 07:26:36 AM



Title: Manipulator wall behaviour
Post by: bittenbob on November 19, 2011, 07:26:36 AM
Something interesting comes to mind with the manipulators current bidwalls, especially when I look at them in context of the last few hours. By this I mean is that there was real but hidden resistance at 2.00 from presumably bitcoinica. Due to this I believe he has put up the massive bidwall (appx ~45K BTC) at 2.00 in an attempt to fool the bots. Now if it gets to $2.00 his bidwall will push it higher thus fooling the bots. All bets are off though if he suddenly pulls all his bidwalls which he has done before. Right now seems to be a very low volume period but I am assuming this is the norm at this time of day/night. Im sure I will wake up to find either 2.40 bitcoin or 1.95 bitcoin with this clown back in it.