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Title: if you were the manipulator, what would you do? Post by: mav on January 23, 2012, 09:29:39 AM If you were the manipulator, what would you do? How would you 'direct' the market and why?
Of course there is the option to 'fleece the dumb people' like we recently saw with extreme leveraging/bragging on bitcoinica. But at some stage you have to also protect your own wealth and having it fluctuate like mad isn't in those interests. And also there may be some desire to set a 'nice' growth rate, something consistent, sustainable, appealing to other potential investors. Me personally, if I were the manipulator, I have no idea what I'd do. Probably make the market seem more stable than perhaps it really should be so it looks desirable for new money that may be lurking (which does sorta seem to be the theme since that large shakeup). Title: Re: if you were the manipulator, what would you do? Post by: Sannyasi on January 23, 2012, 09:58:50 AM BUY BUY BUY! That's what i would do.
Title: Re: if you were the manipulator, what would you do? Post by: notme on January 23, 2012, 10:02:33 AM Very steep walls at the edges of the hourly bollinger bands. Hold enough back so you can adjust when someone decides you're holding the market too stable.
Title: Re: if you were the manipulator, what would you do? Post by: istar on January 23, 2012, 01:02:45 PM Let the price "slowly" rise quite stable but ofcourse with some ups and downs.
This way bitcoin will gain in interest from the outside as a trustworthy investment attracting more investors and increasing the value of the investment. Title: Re: if you were the manipulator, what would you do? Post by: vbscarred on January 23, 2012, 01:11:08 PM The most sensible goal of manipulating the bitcoin market will always be to get your hands on as many bitcoins as possible, while not shutting the economy down entirely.
If it was possible to get the value of bitcoin as low as possible, several times, I would definitely use it to buy as many coins as I could, ending up with a couple of million coins. Then I sit on these coins for a couple of years, and sell them in a regular pace until I've acquired enough dollaz to buy a small island and retire. Title: Re: if you were the manipulator, what would you do? Post by: caston on January 23, 2012, 01:37:30 PM I'd use my position to go back in time to early 2009 and mine BTC until I had about 500k coins while I slowly buy another 500k. I'd then sell about 4% of them slowly at the peak of between $22 and $32 using the money from that to put in low buy orders. When those buy orders get filled i'd withdraw half and use them to pay down credit cards that i'd then use to fund CFD accounts and make money taking out shorts/longs on banks.
Title: Re: if you were the manipulator, what would you do? Post by: caston on January 23, 2012, 01:45:35 PM hey u are cheating OP dint say time manipulation is allowed they didn't say it wasn't allowed either Title: Re: if you were the manipulator, what would you do? Post by: cbeast on January 23, 2012, 02:27:22 PM If I told you... ;D
Title: Re: if you were the manipulator, what would you do? Post by: RyNinDaCleM on January 23, 2012, 02:33:51 PM Very steep walls at the edges of the hourly bollinger bands. Hold enough back so you can adjust when someone decides you're holding the market too stable. So it would be wrong of me to put up a 100k wall on each side, about $0.03 apart? Then leave them there indefinitely, where no one else could make any real profit? I would be *the* exchanger! :P crash the market to get cheaper bitcoins several times I think this would do more harm than good (not that mine is a great idea ^). People would lose confidence, and leave. Title: Re: if you were the manipulator, what would you do? Post by: ineededausername on January 23, 2012, 02:54:01 PM crash the market to get cheaper bitcoins several times I think this would do more harm than good (not that mine is a great idea ^). People would lose confidence, and leave. Obviously, eventually you run out of USD and are all in BTC, and if you timed it right, that happens at the last possible moment where the market can still go up, assuming no manipulation. ;D Title: Re: if you were the manipulator, what would you do? Post by: notme on January 23, 2012, 03:45:01 PM Very steep walls at the edges of the hourly bollinger bands. Hold enough back so you can adjust when someone decides you're holding the market too stable. So it would be wrong of me to put up a 100k wall on each side, about $0.03 apart? Then leave them there indefinitely, where no one else could make any real profit? I would be *the* exchanger! :P Not wrong, just stupid as you would quickly find yourself on the wrong side of the trend. Title: Re: if you were the manipulator, what would you do? Post by: ineededausername on January 23, 2012, 05:21:40 PM heh, playing Bitcoinica as a manipulator could work well too...
or it could work very poorly :P Title: Re: if you were the manipulator, what would you do? Post by: naima53 on January 23, 2012, 05:41:18 PM If I told you... ;D I guess that at you many coins, but as it is known all "the vanity is a sin" If I was the manipulator - I would place from both parties huge walls in different price ranges, and would create a special "stabilising" bot which changes depth of the market depending on a tendency "opposition of a tendency" But has, with possibility of manual intervention. "To set a direction" it will suppress less large "manipulators". But what to construct bid a wall - it is necessary to sell huge quantity of coins at first. As occurred in 2011г. I think. Well or to enter it is a lot of money. (Madness) Yes, of course, slow confident growth is a guarantee of a recognition of this currency the whole world. Title: Re: if you were the manipulator, what would you do? Post by: vokain on January 23, 2012, 05:44:03 PM If I were the manipulator, i'd be running an exchange or three.
Title: Re: if you were the manipulator, what would you do? Post by: teflone on January 23, 2012, 05:44:40 PM I would order another pina colada, and a pillow for my beachside chair...
Title: Re: if you were the manipulator, what would you do? Post by: StewartJ on January 23, 2012, 06:11:58 PM I would continue playing Worlds of Warcraft in my mom's basement.
Title: Re: if you were the manipulator, what would you do? Post by: RandyFolds on January 23, 2012, 06:35:22 PM I would order another pina colada, and a pillow for my beachside chair... This...I was going to say 'cash out and drink on a beach in Panama'... Title: Re: if you were the manipulator, what would you do? Post by: jothan on January 23, 2012, 11:55:04 PM If I was the Manipulator I would bring the market down to $3 for a month just to say "fuck you" to the bulls. I would then slowly buy back Bitcoins, slowly enough not to increase the price too high and get a bargain on the average price. I would do this by placing small limit orders. Title: Re: if you were the manipulator, what would you do? Post by: Elwar on January 24, 2012, 03:00:35 PM If I were the manipulator I would go to wikileaks with as many memos from my bosses to expose the banker's plot to destroy Bitcoin.
Title: Re: if you were the manipulator, what would you do? Post by: Bro on January 24, 2012, 08:03:16 PM my theory about manipulators is that 80% of them fail at manipulating
like everything else in life Title: Re: if you were the manipulator, what would you do? Post by: teflone on January 24, 2012, 08:09:52 PM my theory about manipulators is that 80% of them fail at manipulating like everything else in life http://www.structuredtraining.com/images/news/Kubler-RossCurve.jpg Dont worry, stage 3 frustration! is next! :) Its the closest picture I could find on short notice Title: Re: if you were the manipulator, what would you do? Post by: Bro on January 24, 2012, 08:11:22 PM not at all, cause I admit 20% of them succeed at manipulating
Title: Re: if you were the manipulator, what would you do? Post by: teflone on January 24, 2012, 08:14:02 PM not at all, cause I admit 20% of them succeed at manipulating Its ok, we gather here every Wed. for moral support.. :) |
