Bitcoin Forum

Pro manipulators start by building a reputation in the forums by posting their analysis of the current bitcoin market.  Once they develop trust they will use their acquired trust to their own advantage.  They may even have multiple accounts.

I have witnessed this in action while trading stocks on Wallstreet and on Yahoo! forums.  When Yahoo Finance was first introduced in the 1990s, it was a crazy wild west.  Everyone including day traders, mutual fund managers, bankers, etc. would go to these forums and spew ridiculous claims.  It came to a point where people sued other forum board members, and some were even prosecuted.  Imagine if that would ever happen today!  Laws were created that disallowed mutual fund managers to post in the forums, including Yahoo Finance and SiliconInvestor.

However, even though these laws were created I have seen manipulation that is illegal, but due to anonymity they cannot be caught and prosecuted (this was about 10 years ago).  For example, I remember navigating the Yahoo Finance forums and one user was making a lot of good calls between different stock boards.  This user then made a call to buy stock in xxx because of insider information.  A lot of people started buying the stock and then a few days later the company was worth nothing.  This still happens all the time with penny stocks and it used to be "more illegal", but nowadays it's a free for all due to "freedom of speech".

I'm pretty sure you guys all know this and I am preaching to the choir.  :}

The biggest maniupulator is the market and the markes says btc need go down atm :)

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

Dont matter it will go down.

panic selling

You are talking based on your Fiats in your account and hoping for buy back just on 'sentiment'. There are pros and amateurs..

No sir i just sold at 160$ because now its time to watch beautifull crash :)

Nice  move :)

I'm going to buy back in around 70

Wow, thx for derailing my thread guys.

yeh same im going to back back in around 70

Report them

Looks like they are exactly on topic!

manipulators are bears or bulls ? :D

I think you are right.

These newsletter guys are the bulk of it. But in the end the reality of the situation will catch up. And once it does there will be alot of sad faces around here.

Do you think individual users on this forum would be able to affect sentiment that much? It seems far easier and far more effective to manipulate the market using price.

When you want to kill an antbed you don't pretend to be an ant and go tell them to move away, you pour gas on it. If you have money, market manipulation is easy.

Start with MtGox owner quipping about money in- and out-flows.

I don't know about pro manipulators but there do seem to be some amateur manipulators around here like Jaroslaw or nkspace. Or maybe it's just one person posting with multiple accounts.

I am starting to suspect it's smoothie.

smoothie is a troll

Me too.

1. Investor ? (buy and hold 3-5 years)
2. Speculator ? (do not complain if you lose, you will get lesson and will learn something new)

Only if that is kilos of gold ber BTC!!!!

They will go to the mooooon!

BUY! BUY! BUY!

*sob*

Um they have not derailed your thread.  They are cheerfully and honestly doing exactly what you said :P

lol that would make him a grade A sociopath, creating shill accounts to endlessly shout BULL and BEAR alternatively? what would even be the point?

these guys do nothing but spread FUD, i suspect something more ominous.