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Author Topic: Another dip in the market price...  (Read 1049 times)
MoonShadow
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October 08, 2010, 10:32:02 PM
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Dagnabbit!  I missed another one!  The currency price on MtGox has fallen to under a cent and the volume shot through the roof.  I know no other details, but I looks like someone wanted to be a major market mover.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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MoonShadow
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October 08, 2010, 10:37:11 PM
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That didn't last long, now the price bounced back up to over 8 cents.  Glitch, maybe?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
nelisky
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October 08, 2010, 11:00:21 PM
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Dagnabbit!  I missed another one!  The currency price on MtGox has fallen to under a cent and the volume shot through the roof.  I know no other details, but I looks like someone wanted to be a major market mover.


I'm pretty sure that was a sw glitch though, as I and a lot of others had open orders to buy way over 0.01 and nothing got sold. As I understand it if someone was selling for 1c they would get served with the bids above that first.
srb123
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October 09, 2010, 04:11:57 AM
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yeah it was a glitch,

I went to but an ask of .1c and accidentally put .01c, doh.

MtGox for some reason allowed the sale @.01 cent, rather than .087c which was the highest offer at the time.

Thankfully, MTGox (Mr. Gox???) is an absolute legend, and corrected the sale for me before I even finished typing an email to him. although, the transaction is still showing in the charts. (Hope he can fix that too, it looks silly.)

Once again, Mr Gox, thanks for that, your a top bloke,  or chick, but i'm assuming bloke.
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