Are there Big miners using algorythems to Sell?

[iHeartSmartArt]

Who has not have something in their amazon cart and seen the price go up?
http://articles.cnn.com/2011-04-25/tech/amazo[Suspicious link removed]ice.algorithm_1_first-book-algorithms-amazon-com?_s=PM:TECH
in the news their was a product on amazon . just a science book and another website was using an algorithm to keep the price above amazon, well amazon was doing the same and the science book went up to 2milion dollars overnight.

no one bought it but i am saying that these strategies may be in play and can wring out our pockets on a long term basis before all coins are gone.

could they possibly have started gauging the price to the interest and be the ones behind the price pop11.
 Miners sell it, so we, investors don;t have to.

give me some feed back here. what is the difference between the book and the coin?

[LivesUnderTheBridge]

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[DannyHamilton]

. . .give me some feed back here. what is the difference between the book and the coin?

Any seller can set any price they want.  They can use a "bot" or "algorithm" to set the price if they like.  A buyer doesn't have to pay the price if they don't want to.  They can just look elsewhere for what they want to purchase.

The difference between the book and bitcoin is that the price listed for the book is the "ask price". Anyone can "ask" any price they want for the bitcoin they own.

The "market price" quoted by the various bitcoin exchanges (such as MtGox) is the price at which bitcoins were actually exchanged.  You'll notice that the article says that nobody actually bought the book for $23 million.  Whatever the highest price was that someone actually bought the book would be the "market price" of the book.