So what's really your point, zedicus? You bought in at $250?
Look right above youre post! If you cant read find someone to spell it out for you a letter at a time ....!
Relax dude. It still quite high. 100 dollar is a lot, if you think about it. Bitcoin used to be 35 a couple of weeks ago. That is still an enormous growth.
It is just a correction or something like that. Maybe some big people cashed out. Or people got anxious that it would fall and started selling.
That i agree with even 100 is high but nowhere near a top.. merely a staggering point right now from the volatility! I bought in multiple times at quite a few price ranges so even now im not even flinching. The issue is how we got here!
If you want to make money, buy low, sell high. If you want to do something else than do that but stop whining. You can't stop manipulators from manipulating no matter how much you try to manipulate people with lame posts on the forums. Speculators drive the price up and smart speculators sell and drive it down for profit.
Hey man its ok if youre not the
sharpest knife in the drawer! <---- i just called you a dumb arse)
But if im traveling down a road every morning and someone
takes a shot at me and everyone else on the road best believe im gonna
armed to the teeth next time or at the
minimum im gonna make a public announcement so that everyone knows where the sniper is at!
Youre saying ----->>> just sit there like a lil **** and get shot at.. in fact
dont tell anyone else about it let them get killed too..! If thats youre stance then maybe you dont even belong in the drawer!
In fact get the hell out my thread! Before i assign you some tuna to open! like a dam can opener.. lulz
--------------------------
Ok now to the goods...
We got people attacking the community and bitcoin in general via ddos attacks and coordinated bot action !Example! Ill quote myself from the other thread later but its not hard to see. We have issues outside of the DDOS which is obviously giving the exchanges a hard time!(!
Not just mtgox either)
The issues are a bots making trades under the minimum amount not doubt using high frequency trading algorithms that make purchases a few peanuts at a time !
The effect is they can make purchase via api and custom bots that come in
a lot faster than regular traders can purchase.. so the bots just make a load of
low price high volume trades(micro trades) and on lookers (noobs) staring at charts that they dont even understand are seeing red arrows pointing downwards and the price per bitcoin falling and they cant even make a trade because of the lag being put on the system because of the DDOS and the BOTS!!
It looks likes the price is tanking and it ensues a panic sell off at which point a crap load of people loose funds ( those people are the new comers whos confidence we need!!) we need onlookers and investors to embrace bitcoin. We dont need people looking at it like a noob slaughter house where you show up and get scammed out of your btc or fiat money!
So the bots only have to initiate the landslide and the herd just follows like dumb arses!!here is a quote from the other thread regarding micro trade filtering and DDOS!
(
i was referring to mtdox when i said ask them)
ask em about that!!!
Macro order flooding via bots that trap out regular customer but computer systems dont get trapped out in a panic and they can drive it down via 50 a pop or smaller!! happens every-time is there is a panic! Like someone is manipulating !! Doesn't care about $ its micro manipulate and watch it tank! (look at the dam pics!!)
Gox needs to filter out micro or macro trades or do something! Thats whats cause's the
wild drops and panic !! Probably banks with some bots and endless fiat money!
Needs to be addressed!Drive it down via those small trades and watch the herd jump ship ! Since there is no cooling period or auto shut off its disastrous! !
Thats whats gonna kill it! We need a % slide rule and cooling period put in like the real wall-street trading platforms do!
If it falls by x amount they stop trading for x amount of time! "Cooling period" Hours .. till the next day! Whatever .. something is better than nothing!
At this rate in this setup.. a foreign entity with
negative intention's towards bitcoin could micro trades us to our deaths!
Look.. they switch it up .. this time 50c at a time!
Its the same bots!! getting in faster than everyone else to make the trades at 50c a pop and driving it downwards!
while the regular folks are stuck watching .. trapped cant make a trade and just watch the landslide until they can stop the bleeding and get in to "sell".
Then after the herd sells the same bot operator grabs a
crap load of cheap coins .. RINSE & Repeat!!
Happens every-time there is a panic !! EVERY-TIME!!YOURE ARE BEING PLAYED LIKE A VIDEO GAME!!Get mtgox and the other exchanges to
acknowledge this and take steps!!
The wont unless there is massive
pressure because they profit obnoxiously from these mass sell of .. to the tune of millions!!!!
they get a % of all the trades people!
