This loop "protection" thing is silly. It gets triggered when someone executes a massive market sell. Once the loop ends, the trader will almost certainly try to sell again, but in smaller quantities to prevent another loop. Thus, anyone who sees the loop knows what direction the market will go when the loop ends. Gox is giving an significant advantage to traders on other exchanges... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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loop??
Looks like gox went into trade-protection mode again.. Don't call it trade protection. Gox supports manipulation upwards yet takes extraordinary measures to stop the price from falling.
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Look at those half a mil sell walls, huge volumes wild wild west. I'm not a conspiracy theorist but looks to me like a HUUGE coordinated manipulation attempt on Friday at Gox. These are not a bunch of sell orders where the market is panicking. It's few huuuge multi million sell orders.
That's idiotic. Manipulation only goes upward. When the hypnotic music stops, real market forces bring us down to where we should be.
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As we bounce up and down, the total bid sum is vanishing quite fast.
Buy orders at 100 Sir! On which exchange? you should stagger orders between $100-150.
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Ahaha, Gox is sinking faster than btce and campbx. wow.
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As we bounce up and down, the total bid sum is vanishing quite fast.
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I can't even browse this forum for 2 minutes without being logged in and have ignore turned on. Is that guy Walsoraj a troll or really just mentally handicapped? I can't tell the difference.
So what you are saying is that you might be more mentally challenged than I?
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Btw, BTCchina is just starting to require ID verification to deposit/withdraw bitcoins. This will scare away the criminals and manipulators who keep pumping the price up.
We crash.
And all the people who have been using the exchange to remove wealth from the country, now that there's a name and ID attached to their transaction history. But this is bullish right? $1500 tonight??? please? It's not bullish at all. The pump algo operators have to find a different exchange, unless they want to be targets of criminal fraud investigations. That would have been failed sarcasm on my part. It is either failed sarcasm, or my stupidity. I'm going with the former. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Put your bids between $100-$200. Thank me later (Monday).
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Btw, BTCchina is just starting to require ID verification to deposit/withdraw bitcoins. This will scare away the criminals and manipulators who keep pumping the price up.
We crash.
And all the people who have been using the exchange to remove wealth from the country, now that there's a name and ID attached to their transaction history. But this is bullish right? $1500 tonight??? please? It's not bullish at all. The pump algo operators have to find a different exchange, unless they want to be targets of criminal fraud investigations.
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A smart algo trader isn't going to replicate exact same pattern so close in time. My guess is a second dip after a Dec 2 looking recovery.
^ let it be known, the walsoraj made another awesome prediction and more accurate than Vigil's (below). If you want to know what is happening just look at the chart on Dec. 2 - we are going through a replay of that algorithm pattern after the big sell-off. I am guessing it will hit close to $1010 over the next three hours. Maybe lower.
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A smart algo trader isn't going to replicate exact same pattern so close in time. My guess is a second dip after a Dec 2 looking recovery.
^ we dive tonight.
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A smart algo trader isn't going to replicate exact same pattern so close in time. My guess is a second dip after a Dec 2 looking recovery.
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We've seen this before. Capital controls result in desperate buys to get fiat off exchanges.
Once again, bitcoin goes up in price for all the wrong reasons.
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If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime. His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there.. EDIT: btw 4k are already missing and shitload of LTC and NMC got bought today, prolly just a coincidence though ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . On which exchange? I've got a theory about the sheep theft and recent shutdown notice of mcxNOW.
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1d chart at Moody looking much like the infamous bubble pic. We on the second, lessor hump. I'm ready for a slide. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Probably his best bet is to contact 'connected' organisations and ask for help in laundry.
There are ways -but yep - he hasn't got away yet, he needs to get the cash somehow and that means finding a way to rinse it - which will be difficult now - will he have anyone he can trust when his wallet has 100 million bux in it?
His best bet is probably to launder through altcoins. hmm... Isn't the mcxNOW exchange run by a shady character who announced a voluntary shutdown to occur later this month? Would be perfect time for the thieve to grab a bunch of alts. When the exchange goes down, I'm guessing all the trade records will vanish too. Hmm. What if the mcxNOW owner is complicit in this mess... hmm.. *takes a puff on pipe*
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it's priced in.
4.5% of all bitcoins ever to exist are acquired by a single scammer and prices are 93% of the ATH. That's not priced in. What's price in is that he might be able to dump. All bets are off if/when it is determined that he can and will.
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