Dear mprep,

So just when I thought you might be realising your overzealous besottedness with periodically ripping the guts out of the Bitcointalk members' postings in this thread, is a level of censorship and control freakery that's not only completely unacceptable, it equates to the worst of the worst examples from around the world of free speech being both squashed and stifled, it would appear I've had 22 of my posts deleted in the past 24 hours so I'm mistaken.

You (or if not you one of the other mods, but given the PM you and I communicated on recently, I'm guessing it is you) seem to have some need of exercising power over your stakeholders/customers and deciding what they will and will not talk about to a level I find incomprehensible and (frankly) completely appalling.

I have already expressed in no uncertain terms just how completely and utterly ironic it is that we're here discussing developments in decentralisation that are going to facilitate a revolution for regular citizens the world over to escape the shackles and constrictions of the fiat monetary systems and allow free speech, free expression and free markets to be FREE of manipulation/control, yet our discussion here is subject to THE VERY SAME command and control ethos (i.e. We the Bitcointalk mods will decide what you can and can't say, what aspects of the world financial system are related to Dash and what aren't and what posts have merit, what posts don't and what content is "approved" and what's not and we will delete everything and anything that we, using our personal interpretation of "on-topic", deem unworthy of in this Dash thread).

Now, perhaps you think this is perfectly valid and perfectly reasonable. I (and I suspect many others here) don't.

You are not exercising prudence and reason in the nature of the posts you're deleting; but you're definitely exercising your perceived power and ability to harm/annoy/frustrate. Goodness only knows for what ultimate result or reason. It's certainly not to add value and usefulness to this community because, in my view, you're doing the very opposite.

Why are you censoring this thread like this?

What possible benefit can there be in removing posts where we're discussing current world events that relate to the need for new financial tools such as Dash?

What is it exactly that's so wrong with posts discussing the Greek situation given the capital controls and other measures being imposed on the citizens there are the very things Dash is designed to circumvent?

Put it this way, we, your stakeholders, get much benefit from the interactions amongst us all and we're facilitating greater understanding of why key attributes and aspects of Dash are important WITHIN THE CONTEXT of the various financial problems occurring around the world as we speak (e.g. Greece, China, issues with other cryptos that can affect Dash, issues with exchanges and other systems that can affect Dash, etc). Why do you feel the need to intervene and remove these conversations?

What is your agenda and why are you acting this way? I'd really like to know and I'd really like you to reply to this post and tell us all (your customers/stakeholders/Bitcointalk community members here) just why you're doing this and how it's either benefiting us or helping Bitcointalk.

Can you please respond and engage rather than just deleting posts left & right and and thereby leaving this thread so incomplete? It is disheartening in the extreme to spend time writing posts that are deleted for no seemingly good reason and I think you owe everyone an explanation.

regards

RenegadeMan

So, as many of you would have noticed, over the last few days the BTC price has been probably more stable than it's been for a long time. Movements across a single day on Bitstamp over the past 24-48 hours have been in the $20 to $30 dollar range. However what's happening is the price is doing a very slow dance downwards; almost like a leaky tire slowly deflating. Perhaps there just isn't anything of note happening to create any demand and the bubble's slowly going down. The price stability provides better conditions for Bitcoin to be a genuine currency that can start to be used more, but if it's just slowly deflating it's not going to be something people will be willing to hold onto.

Anyhow....while watching the price movements on Bitstamp for the past few hours I was sitting there willing it to get above US$630 (a useless practise, I know) and there appeared to be this battle going on with transactions of BTC going through at $628.04 and then other sets of transactions coming through at $629.79. It was going back and forth between these two numbers. Looking at the $628.04 transaction and the number of BTC being sold each time, one can calculate that these are lots of US$100. The other transactions at $629.79 (and other amounts close to this) were for all differing amount of BTC.

I watched this dance for an hour or so, the whole time wondering why transactions are occurring at the lower figure when the higher figure seemed to be 'market rate' at that moment. These $100 dollars transactions just kept coming and coming. Eventually they outnumbered the higher trades and then the higher trade price started to come down and the lower one slipped down a cent to $628.03 (and eventually below $628). I must have counted hundreds of these trades at a bit over $1.50 less than all the other trades. They just kept coming at an ever increasing rate.

What does everyone think about this? Is it just normal market dynamics within an exchange or is there some robot process (or even a human pressing buttons) selling $100 of BTC every few seconds at circa $1.50 below all other trades in an attempt to get the price down? One can imagine someone within the exchange who can just keep using the same $100 wanting to create a price collapse so that when it bottoms out they can quickly buy up vast quantities of BTC and make a killing when it bounces. Possibility?

(and before anyone questions my credibility given this is my first posting on here, I've been reading posts on this forum for a long time and have been involved in Bitcoin for over a year, but have never wanted to comment or engage. I haven't seen anyone else ask this question about pricing on exchanges, especially given all the focus on much more serious issues around Gox and the withdrawal delays. With the whole crypto currency realm being new and prone to 'wild west' culture, there are a million ways things could go pear shaped, and manipulation like I'm suggesting is bound to be an idea someone somewhere is either considering or actively pursuing).

Thanks in advance for all replies and comments