What's going to happen to the 1.3 million LTC on btc-e?

[bitcool]

Looking at last two month's price action, it's more like a sell side's managed advance/cashing out, rather then buy side's orderly retreat/accumulation. 

However if that's the case, putting 1.3 million in sell orders is really retard. so I am confused. 

The market manipulators got confused as well when the ASICs did not arrive and their pump and dump plans went tits up.

Well, if it's because ASICs got delayed, then "manipulators" = speculators, because that kind of "pump and dump" is what every speculator does.   

[SAC]

Looking at last two month's price action, it's more like a sell side's managed advance/cashing out, rather then buy side's orderly retreat/accumulation. 

However if that's the case, putting 1.3 million in sell orders is really retard. so I am confused. 

The market manipulators got confused as well when the ASICs did not arrive and their pump and dump plans went tits up.

Well, if it's because ASICs got delayed, then "manipulators" = speculators, because that kind of "pump and dump" is what every speculator does.   

Sit there and watch them bot wars that go on for a while then say that or for that matter them manipulators talking openly about what they are doing in the chat window...

[SAC]

1.3M LTC still there, still overpriced. It is like that when you let average or bellow average IQ people access the (stock) exchange.  

the market decides if it's overpriced.

Yes, and market decided LTC is overpriced. Price is right when there is equilibrium inbetween sell and buy volumes. Sell 1,347,524 / Buy 1,216  

You people mining and hoarding LTC are so stupid that beside not working on adding some usefulness to LTC for over a year now, you can't even
play market properly. You generate coins and just toss them on market, without ever realising you actualy stabbed yourself and anyone else on LTC
train in the back because you just added to the already huge problem. Unenlightened, dumb, incompetent, self-interest faggots who think they are
adding some incredible value to coin by plugging miners into Litecoin network.

Yeah like bitcoin is any different.

[420]

SELL: 1,350,916
BUY:  0,227,924

so 5:1 sell to buy ratio. Seems lopsided but why would people have buy orders so low waiting to buy.

New people getting in  would most likely buy at market price.

People who have coins will set sell orders high so that they can make money off any big moves

[bitcool]

SELL: 1,350,916
BUY:  0,227,924

so 5:1 sell to buy ratio. Seems lopsided but why would people have buy orders so low waiting to buy.

New people getting in  would most likely buy at market price.

People who have coins will set sell orders high so that they can make money off any big moves

This disparity is somewhat understandable, if people want to park their crypto coins, btc-e is the go-to exchange for LTC, while few btc holders use btc-e storing their coins. What amazes me is the level of trust they have in the exchange.

To be fair  btc-e had done great job in restoring customer's confidence in the previous attacks and crisis, but still, putting so many eggs in one (wild open) basket is just insane. Which makes me think the possibility it's more or less just a honeypot    

[420]

is eTrade a honey pot?

[bitcool]

is eTrade a honey pot?

Has etrade  lost their fund due to online  attack  before?  Does etrade allow fantasy orders (10x, 100x market price) being created? If so, do they count them as "total" buy or sell?

I seriously don't know the answers to these questions, but if the answers are yes,yes,yes, then I would say yes, eTrade IS a honey pot.

[SAC]

Of course it is different, you idiot. Not only that one can buy so many useful items with bitcoins but one can also earn bitcoins by doing
some useful work. 90% of bitcoins I have are actualy earned that way. People actualy pay for others' work with bitcoins, which then can
be exchanged for almost anything. With bitcoins, I have bought full right for a song which I now use in my game. Once game is completed,
I will mass-promote it on BitVisitor, Project Fabulous and few other places, with bitcoins. Since number of daily visits will explode, I will most
likely go with better webhosting plan, and pay for it with bitcoins.

Whatever still BS little nothings offered by kiddies playing at the real world, much of the same can be done with LTC right now.