I don't even know about speculators anymore

[Xenland]

Okay so we are all speculators but I think this is just getting ridicules but one speculator sent this to me stating that multiple entities have "raped the exchange" and this graph I've included is from one of the speculators stating that someone is massivly "Pump and Dumping" as he stated later on in the conversation.



Can anybody explain to me wtf hes talking about?

I personally think he is relating the MT Gox price fluxations with the hack around in june, but the "Speculator" that sent me this email is saying that someone just pumped and dumped the price.

[wolftaur]

Can anybody explain to me wtf hes talking about?

I personally think he is relating the MT Gox price fluxations with the hack around in june, but the "Speculator" that sent me this email is saying that someone just pumped and dumped the price.

I'll translate it to Fact.

"Damnit. Bunches of people got into this when it was $1 each. I'm a latecomer. I want massive profits, but if I spend all my money at $7 and it goes to $10 I don't get as big a return on investment. I know! I'll spread a bunch of "analysis" about how the currency is worthless and there are scams keeping the price high, and everyone will believe me, and it'll plummet and I can buy more!!"

[Xenland]

Can anybody explain to me wtf hes talking about?

I personally think he is relating the MT Gox price fluxations with the hack around in june, but the "Speculator" that sent me this email is saying that someone just pumped and dumped the price.

I'll translate it to Fact.

"Damnit. Bunches of people got into this when it was $1 each. I'm a latecomer. I want massive profits, but if I spend all my money at $7 and it goes to $10 I don't get as big a return on investment. I know! I'll spread a bunch of "analysis" about how the currency is worthless and there are scams keeping the price high, and everyone will believe me, and it'll plummet and I can buy more!!"

I swear to bob, I sub-conciously thought the same exact thing!!