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the price will go down to 0 because this is a situation that you can't recover from. bitcoin got goxxed. it was fun while it lasted
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so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.
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i sure hope its not Gox having this problem.
sry to break it to you, but it IS gox thats buggin out. I can't cancel my orders. |
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I got Clark to load and work but it looks NOTHING like navigator's.
Clark is buggin' it seems.
yeah, thats my bet. no, its mtgox thats buggin |
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and you can only withdraw 200 btc at a time  . goxxed |
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no, no real trading is going on. on clark moody every time it passes my ask it says the same amount of bitcoins sold.... mtgox isnt responding.
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it seems like we're stuck in a loop. it keeps going up to 9.4 then big sell off to 8.7 then again and again. How can you trade?? mtgox not working. is it hacked?
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BOOOOOOOOM
LOL that was more like a pew pew pew..... Hardly much of a move... 50 cents is not a big move?? i guess the volatility has gotten to people's heads. |
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i'm calling BS on this wall. rally inc
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Plz stop observing walls. You guys are looking at them wrong the pressure is there. remember this key concept: "WALLS ARE FOR MARKET MANIPULATION ONLY" the agenda behind putting up a wall is never to buy or sell coins but to keep the price high/low before a set time to make a switch (ie. this weekend). the reason they want to keep the price low till the weekend is they don't want to have as much competition for cheap coins. All the REAL trades are done in "the trenches." When people actually want to buy or sell coins they will do it "in the trenches" discreetly selling/buying a couple hundred coins at a time.
So essentially what i'm saying may sound counter-intuitive but here's what i think of "walls" : A large ask wall thats up all day friday is a BULLISH sign. Assuming that they make the switch to the Bid side when the banks close. also a large bid wall thats up all day sunday is a BEARISH sign, because they plan on switching to the ask side when banks open.
The almost perfectly linear Diagonal line shape of the bid side is much more healthy than the "r" shape of the ask side. this is because the bid side is full of "real" traders. People who actually want to buy coins. any time the price changes up or down the bid side is always buying "in the trenches"
Right now, in my opinion, the people that are selling "in the trenches" are being manipulated by that ask wall.
Wow I actually learned something important here. Thanks! this is why you should ignore walls. in fact, you should almost see them as an indicator of a switch The almost perfectly linear Diagonal line shape of the bid side is much more healthy than the "r" shape of the ask side.
What about manipulators creating this "organic" line shape at the bid side (maybe via some script)? then they would have to be selling/buying in the trenches because they would have no wall to manipulate people into undercutting (which protects their wall, so they would have no protection). so their agenda would be to actually sell/buy coins. so this is what manipulators do AFTER a switch, or if they are predicting another manipulator's switch by essentially "calling their bluff". bottom line is: no matter if its a bot or a bunch real traders, Linear diagonal lines are signs that they actually want to buy/sell. Walls are signs that they don't. this explains why that counter-argument doesn't make sense. PLZ STOP GETTING MANIPULATED BY WALLS!! WE CAN FIX THIS OBVIOUS MANIPULATION IF YOU UNDERSTAND HOW IT WORKS |
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It's only because traders don't understand how market manipulation works. There are a lot of people that trade on this market that have no clue what they are doing. So, the way I see it, if we teach people some of the basic concepts of market manipulation then it will be less effective, and can even backfire. the pressure is there. remember this key concept: "WALLS ARE FOR MARKET MANIPULATION ONLY" the agenda behind putting up a wall is never to buy or sell coins but to keep the price high/low before a set time to make a switch (ie. this weekend). the reason they want to keep the price low till the weekend is they don't want to have as much competition for cheap coins. All the REAL trades are done in "the trenches." When people actually want to buy or sell coins they will do it "in the trenches" discreetly selling/buying a couple hundred coins at a time.
So essentially what i'm saying may sound counter-intuitive but here's what i think of "walls" : A large ask wall thats up all day friday is a BULLISH sign. Assuming that they make the switch to the Bid side when the banks close. also a large bid wall thats up all day sunday is a BEARISH sign, because they plan on switching to the ask side when banks open.
The almost perfectly linear Diagonal line shape of the bid side is much more healthy than the "r" shape of the ask side. this is because the bid side is full of "real" traders. People who actually want to buy coins. any time the price changes up or down the bid side is always buying "in the trenches"
Right now, in my opinion, the people that are selling "in the trenches" are being manipulated by that ask wall.
Wow I actually learned something important here. Thanks! this is why you should ignore walls. in fact, you should almost see them as an indicator of a switch The almost perfectly linear Diagonal line shape of the bid side is much more healthy than the "r" shape of the ask side.
What about manipulators creating this "organic" line shape at the bid side (maybe via some script)? then they would have to be selling/buying in the trenches because they would have no wall to manipulate people into undercutting (which protects their wall, so they would have no protection). so their agenda would be to actually sell/buy coins. so this is what manipulators do AFTER a switch, or if they are predicting another manipulator's switch by essentially "calling their bluff". bottom line is: no matter if its a bot or a bunch real traders, Linear diagonal lines are signs that they actually want to buy/sell. Walls are signs that they don't. this explains why that counter-argument doesn't make sense. PLZ STOP GETTING MANIPULATED BY WALLS!! WE CAN FIX THIS OBVIOUS MANIPULATION IF YOU UNDERSTAND HOW IT WORKS |
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the pressure is there. remember this key concept: "WALLS ARE FOR MARKET MANIPULATION ONLY" the agenda behind putting up a wall is never to buy or sell coins but to keep the price high/low before a set time to make a switch (ie. this weekend). the reason they want to keep the price low till the weekend is they don't want to have as much competition for cheap coins. All the REAL trades are done in "the trenches." When people actually want to buy or sell coins they will do it "in the trenches" discreetly selling/buying a couple hundred coins at a time.
So essentially what i'm saying may sound counter-intuitive but here's what i think of "walls" : A large ask wall thats up all day friday is a BULLISH sign. Assuming that they make the switch to the Bid side when the banks close. also a large bid wall thats up all day sunday is a BEARISH sign, because they plan on switching to the ask side when banks open.
The almost perfectly linear Diagonal line shape of the bid side is much more healthy than the "r" shape of the ask side. this is because the bid side is full of "real" traders. People who actually want to buy coins. any time the price changes up or down the bid side is always buying "in the trenches"
Right now, in my opinion, the people that are selling "in the trenches" are being manipulated by that ask wall.
Wow I actually learned something important here. Thanks! this is why you should ignore walls. in fact, you should almost see them as an indicator of a switch The almost perfectly linear Diagonal line shape of the bid side is much more healthy than the "r" shape of the ask side.
What about manipulators creating this "organic" line shape at the bid side (maybe via some script)? then they would have to be selling/buying in the trenches because they would have no wall to manipulate people into undercutting (which protects their wall, so they would have no protection). so their agenda would be to actually sell/buy coins. so this is what manipulators do AFTER a switch, or if they are predicting another manipulator's switch by essentially "calling their bluff". bottom line is: no matter if its a bot or a bunch real traders, Linear diagonal lines are signs that they actually want to buy/sell. Walls are signs that they don't. this explains why that counter-argument doesn't make sense. PLZ STOP GETTING MANIPULATED BY WALLS!! WE CAN FIX THIS OBVIOUS MANIPULATION IF YOU UNDERSTAND HOW IT WORKS |
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9.49...so we gonna see double digits soon?
yes |
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I've read that some of you think the recent rise constitutes a short squeeze of piratat40s HYIP.
Was it ever established that that is what pirate is/was doing? Do you think the buy wall belongs to him?
imo squeezing is not in his best interest. he makes more money if he can just keep the price under control. |
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looks like someone is trying to hold the price down until the bank opens. I doubt he will be able to do it
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