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Author Topic: How to spot Pumping and Dumping  (Read 2665 times)
MatTheCat
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January 25, 2014, 06:58:39 PM
 #21

How do you know that's fresh capital? Does fiatleak have some super secret insight into each of the exchanges so it can distinguish fresh fiat from old fiat? And even if it really had that, which it doesn't, would it only show the fresh fiat transactions and ignore the rest?

If adequate fresh capital was coming into Bitcoin, then the price would be surely trending up. That is how it works is it not?

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
Holliday
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January 25, 2014, 07:04:08 PM
 #22

How do you know that's fresh capital? Does fiatleak have some super secret insight into each of the exchanges so it can distinguish fresh fiat from old fiat? And even if it really had that, which it doesn't, would it only show the fresh fiat transactions and ignore the rest?

If adequate fresh capital was coming into Bitcoin, then the price would be surely trending up. That is how it works is it not?

Typically it builds up pressure until we get insane rallies with blow off tops. Now I can't speak for the future, but that is how it has worked in the past.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
jayspin
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January 25, 2014, 07:26:43 PM
 #23

How do you know that's fresh capital? Does fiatleak have some super secret insight into each of the exchanges so it can distinguish fresh fiat from old fiat? And even if it really had that, which it doesn't, would it only show the fresh fiat transactions and ignore the rest?

If adequate fresh capital was coming into Bitcoin, then the price would be surely trending up. That is how it works is it not?

I'd say in general, yes, although I wouldn't say "surely"... there are lots of factors at play. I'm agreeing with your notion of manipulation though; I've come to the same conclusion, especially during the last couple of weeks. I'm no expert, and I'd love to be proven wrong if anyone has a better explanation - right now though, I think that's what's happening.

My question was rhetorical and directed at aminorex btw... I meant that citing fiatleak as a source for incoming fresh fiat is ridiculous (or for anything else, for that matter) Wink
aminorex
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January 25, 2014, 07:42:22 PM
Last edit: January 25, 2014, 08:54:11 PM by aminorex
 #24

How do you know that's fresh capital? Does fiatleak have some super secret insight into each of the exchanges so it can distinguish fresh fiat from old fiat? And even if it really had that, which it doesn't, would it only show the fresh fiat transactions and ignore the rest?

...citing fiatleak as a source for incoming fresh fiat is ridiculous (or for anything else, for that matter)

You'll have to ask the fiatleak guy.  I forget his handle.

Citing actual information, as opposed to just making shit up, is not ridiculous.   The information does have defects, important parts are missing, but at least it is factual, which is more than I can say for MatTheCat's dyspeptic issues.  Dude needs a prozac or something.  Not that I don't respect his strategy - because I do - I'm just skeptical of its motivations, which seem a bit on the ...intuitive... side for my taste.

The strongest case I know at present which leads to downside is a technical case, ABC wave.  C is due.

I really would appreciate some information from MatTheCat.  My question is genuine, and I will repeat it:

How is China, by which I take it you mean roughly 1.3bn PRC residents, going to "exit" Bitcoin?  Why do you believe in such a notion?

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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