Bitcoin Forum
April 25, 2024, 05:52:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Suspicious Mt.Gox data  (Read 1088 times)
oakpacific (OP)
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


View Profile
June 16, 2011, 09:53:14 AM
Last edit: June 16, 2011, 11:34:10 AM by oakpacific
 #1

High:19.99  Low: 19.01

It almost looks like someone is manipulating the market (or is it just collective unconsciousness) as it won't go above 20 or below 19 even if it was just 0.01 away, and it has been like this for a while.

Your opinion?

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714024330
Hero Member
*
Offline Offline

Posts: 1714024330

View Profile Personal Message (Offline)

Ignore
1714024330
Reply with quote  #2

1714024330
Report to moderator
1714024330
Hero Member
*
Offline Offline

Posts: 1714024330

View Profile Personal Message (Offline)

Ignore
1714024330
Reply with quote  #2

1714024330
Report to moderator
1714024330
Hero Member
*
Offline Offline

Posts: 1714024330

View Profile Personal Message (Offline)

Ignore
1714024330
Reply with quote  #2

1714024330
Report to moderator
NothinG
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
June 16, 2011, 09:57:02 AM
 #2



Looks like it's been this way for ~7days.

Well, averaging around 18.99-19.99

relative
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
June 16, 2011, 10:41:11 AM
 #3

could be. could also be that someone is selling large amounts at 20 and someone else is buying large amounts at 19
Vanquistador
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
June 16, 2011, 10:49:05 AM
 #4

http://gyazo.com/fc10100de9d50c80d814e3352ab5ef02.png

Looks like it's been this way for ~7days.

Well, averaging around 18.99-19.99


Interesting... I'm not sure what to think about this just yet.  I'm kind of concerned.  Surely it is a good idea for marketing/keeping the bitcoin stable... but what happens when the said individual(s) stops?  I'm one of the miners, and I"m basing my calculations off of speculation on the market.  I figured it was staying around $20 but I didn't think it was so close to $20 for the past week or so.  Those numbers seem like a script/individual(s) are keeping the price right at $19.50.
Grant
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
June 16, 2011, 10:51:51 AM
 #5

Speculators (like me) are on a break from trading. I don't feel neither for buying nor selling until i see some action.
Vanquistador
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
June 16, 2011, 11:41:39 AM
 #6

Speculators (like me) are on a break from trading. I don't feel neither for buying nor selling until i see some action.

I was looking forward to getting into the game-kinda odd to see it stay at $20. Is there anyway to discern who is buying what and in what amounts? I'm curious if the artificial price is set high or low.
drsaul
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 16, 2011, 11:52:39 AM
 #7

You can look at the market depth data from mt gox e.g. at bitcoincharts.  Informative, but they also have dark pools so you won't know the whole story. 
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!