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Economy / Speculation / Are bidwalls mainly to manipulate the market or are they serious for buys/sells?
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on: September 06, 2011, 02:30:38 AM
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People like to put up bidwalls and let them sit for weeks with no hurry to buy or sell coins. And if the wall stays for a month, they're fine.
If they're buying the coins to use, they would just buy them. If they're buying them to invest, then this bidwall would drive the price the other way and the only way it would be reached is if the currency is rising or selling a lot to make their buy or sell a money loser.
So it would seem they do this to manipulate the market and keep it high or low.
Anyone know for sure??
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468
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Economy / Speculation / Re: I believe I manipulate the markets
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on: September 06, 2011, 02:12:53 AM
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Right after I sold it, some tricky bastard put a 2500 coin bidwall at 7.50 then I thought it was going to raise so I bought. Then he made it vanish so I sold. 30 minutes later he came back and made it 7.55, then 7.60 for hours. I was so pissed I figured if it starts raising back up, I'm just withdrawing them all and never coming back.
I stopped watching and left.
Thankfully, he quit buying and it dorpped to 7.15.
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471
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Economy / Speculation / Re: Major buying opportunity?
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on: September 05, 2011, 09:06:37 PM
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I think it is such a gamble to think bitcoins will go higher with all the new bitcions being created everyday.
And how the difficulty is, even if lots of people quit mining, the difficulty will adjust so we keep getting the same number of coins mined so there's no end to it until it drops below what it's profitable for miners to sell at.
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480
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Other / Politics & Society / Re: So Gaddafi has had his foreign assets frozen......
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on: September 03, 2011, 10:47:18 PM
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or these are just opinions based on CNN, Fox, BBC, Wikipedia, etc.
Around 2005-2006, plenty of posts on various infamous websites listed the then last 5 remaining countries without a Rothschild controlled central bank on this planet: - Cuba
- Iran
- Libya
- North Korea
- Sudan
Before 9/11, Iraq and Afghanistan were still on that list also. Now i the light of recent events, make of it what you will, and look out for what the future will hold. David Icke was right! The invasion was all about Illuminati bankers making a new world order!
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