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Author Topic: benevolent manipulation ?  (Read 730 times)
bracek
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February 05, 2013, 08:02:47 PM
 #1

If those big ask walls are there to stabilize the price and "protect" us from boom-bust

then down side is that this is buying time for hostile legislation to come before wider adoption.

My believe is that higher price would be very beneficial for coin distribution because there would be more news (first about the boom and than bust)
it did not hurt us the last time it happened...

what do you think ?
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February 05, 2013, 08:04:22 PM
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it did hurt!
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February 05, 2013, 09:27:04 PM
 #3

Anyone trying to manipulate it does so at their own risk. That being said, a 20k BTC wall is really no big whoop for someone with a couple 100k stored, especially if they can pull it down fast once the buyers start knocking.

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