if this is happening then the most sensible reason is that he has sell orders that he is pushing the market into. as his sell orders are sold he reinforces his buy orders pushing the price slighty higher. When his big sell orders have been consumed he will pull his bids and let the market fall to a good price to buy. rinse and repeat.
this is what has been happening all along the downtrend.
He probably has a million coins. He can't sell them all without making the price drop 80%. |
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To me it looks like the manipulator is trying to push the price back up.
I think he's given up. He's just following trends. |
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Well it still is lingering around $3. Err. well it lingered lower than I thought but still lingered. Typically from the end of the month through about the first two weeks in the month is when the price drops. I also think the end of November will be the very bottom because a month before the 2012 change, people will buy coins anticipating the change.
Of course I don't have any spare money to invest so I am more open to predict stuff since if I'm wrong, I don't lose anything. I probably won't have money till when the price is back up to $10 or even $20 then I buy coins unfortunately at a high rate.
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You can not get out of a contract by simply claiming duress. You need to prove duress to the court by "a preponderance of evidence".
Bail agreements have been around for hundreds of years and I know of no cases where duress was sucessfully used to disolve that agreement.
You feared rape? |
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thats where free flesh and blood sovereigns who go about it right seek and get their remedy.
if its not done correctly, you get in more trouble ... but then even with that there is ALWAYS a remedy. They can not deny you remedy from what I understand.
the police are the enforcers ... the overseers ... i expect nothing less ... the remedy is in court.
there are many successes. I dont like the freeman label .. i like to think of is as standing up for your sovereignty
I watch all these freeman videos on the internet. Freeman are using their own unique legal theories that vary from one to the other. And they're just words. What matters is whether a judge will back them up. If you can get a legal precedent than the judge will have to back it up, but they don't do that. They just interpret the law themselves and do things like interpreting "understand" as "stand under" which the court doesn't do. Freemen would do better forming political parties and electing politicians that serve their interests. Also they need to form legal assistance groups to find out what actually works in court, it's not right or wrong, it's what you can get the judges to agree with. |
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Bind, There's laws and rules. Then there's what the courts will actually agree to. Those are two different things. You need to get a high court to rule in favor of freeman philosophy so a legal precedent can be used. Oh and see this thread. https://bitcointalk.org/index.php?topic=49576 First video is very funny. |
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It's part of the Freeman movement. http://www.youtube.com/playlist?list=PL1B289953BD4AE10 It's something in Canada and the UK where they discovered statutory law only applies to employees of the government and cases where the government can make people act as employees like if they get a government ID. |
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You need your wallet's data on paper somewhere in case of some EMP attack (2012 approaches fellas!) you can put it back in with a hex editor. I know this sounds silly, but it's a good extra way to back it up.
this is the best suggestion yet  But, with prices around 2$ not a single f*ck will be given about hard copy wallet backups Unless it's a large ass amount. |
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I think it might be 'cause the Gox bank accounts EU are frozen.
This is why you shouldn't use banks people. Bitcoins and cash only!
Gox also should've kept its money in Dwolla instead. Dwolla has frozen accounts but they're not as bad as PayPal or banks.
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The thing is, panic sells usually DO happen after the manipulator pulls out his wall.
I heard people use these bidwalls sellwalls to catch swings so if they are hammered, their tradebots remove and change them. I'm surprised it dropped again. I still suspect that the lower it falls, the higher it'll swing up. |
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The Manipulator, dude.
Oh well, I guess it's time to PANIC SELL!!!!!
Bidwalls usually get cancelled when hit.
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Yeah I don't think it'll crash either. It should stay around $3 and slowly stagnate/climb.
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Are there any alternates beyond namecoin that don't end up being scams?
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The latest crash was on the 17th - that's right in the middle of the month.
It started dropping at the end of September. It gradually went down. It lasted longer than normal, but it still followed the pattern. |
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You need your wallet's data on paper somewhere in case of some EMP attack (2012 approaches fellas!) you can put it back in with a hex editor. I know this sounds silly, but it's a good extra way to back it up.
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Lines on graph or it won't happen.
Since either July or August it crashes since the start of each month. I made a thread about it speculating why and people were all no, you're wrong. But it keeps doing that. I much later made a thread going "how come people only hack sites at the start of the month when the price is bound to go down?" and nobody knew. The other proofs I posted earlier in this thread. Oh and these line graphs are wrong.  |
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