Am I the only one who does not understand the gox market at all ?
Despite BTC withdraw issues there is more chance to get coins out of gox rather than waiting for money withdrawal which may take at least 3 months considering how many people have withdrawn.
Because of that prices should not have dropped as much as what we currently see.
It should be around 80% BTC market price, not at 40%.
Moreover, and to explain that, I have the impression that peoples making prices go down have illimited coins.
For example, I have been watching gox charts for all day and there is a bot that ALWAYS sell to maintain the price at 261.23$
When I say 261.23$ it is not 261.22$ or anything under it, it is that EXACT price.
One buy order for 800BTC has lasted the whole day (more than 10 hours) at 261.21$ and as soon as the buy order was put at 261.3$ it got eat by the bot.
The bot has infinite coin ? What is the purpose of this bot ? Is it just a coincidence ? By now it has sold more than 30k coins during 13h.
I think there is definetly something weird with gox buy and sell orders.
Agree, there are always huge sell orders these days, seems like someone has infinite coins.
Anyone with a normal mind will not do like that.
If he is so sure that Gox will die then why not sell them one week ago at the price of $500, or $400?
That bot is a big problem.
Infinite coins and continually making the market going down to the latest lower value despite a lot of buy orders and pump...
Whereas the market clearly wants to go up...
How is it even possible ? >_<
At this rate it can go down to 200$ since people panic sell and help the bot break buy walls...
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