Suspicious Mt.Gox data

[oakpacific]

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?

[NothinG]

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

Well, averaging around 18.99-19.99

[relative]

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

[Vanquistador]

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]

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

[Vanquistador]

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]

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.