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Tabata11
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April 13, 2015, 09:51:43 PM |
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whats happening to btc why it is crashing hardly, anyone have idea for this i haven't seen any bad news why it is dropping -6%  Because greedy whales want more And the market follows how many coins do you have to own to be considered as a "whale" ? |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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inca
Legendary
 Offline
Activity: 1176
Merit: 1000
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April 13, 2015, 09:53:16 PM |
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ask side suddenly gone on finex  |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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April 13, 2015, 09:53:33 PM |
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whats happening to btc why it is crashing hardly, anyone have idea for this i haven't seen any bad news why it is dropping -6% Because greedy whales want more And the market follows Everyone knows the best way to acquire more of something is to sell all of that something you currently possess. Catnip prices too high? Sell all your catnip and watch global catnip prices plummet. Re-buy at the bottom and own ALL the catnip. Very easy! These whales are not so clever; WeltMaster has them all figured out! |
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WeltMaster
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April 13, 2015, 09:55:09 PM |
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whats happening to btc why it is crashing hardly, anyone have idea for this i haven't seen any bad news why it is dropping -6% Because greedy whales want more And the market follows how many coins do you have to own to be considered as a "whale" ? I dunno, probably over 5k Everyone knows the best way to acquire more of something is to sell all of that something you currently possess. Catnip prices too high? Sell all your catnip and watch global catnip prices plummet. Re-buy at the bottom and own ALL the catnip. Very easy!
These whales are not so clever; WeltMaster has them all figured out!
So 19k market sells on finex within an hour is just oh so organic right? Just small fish doing their daily trades  |
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Wings1987
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April 13, 2015, 09:55:27 PM |
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ask side suddenly gone on finex Agreed- first good news of the day! |
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Tabata11
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April 13, 2015, 09:57:31 PM |
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whats happening to btc why it is crashing hardly, anyone have idea for this i haven't seen any bad news why it is dropping -6% Because greedy whales want more And the market follows Everyone knows the best way to acquire more of something is to sell all of that something you currently possess. Catnip prices too high? Sell all your catnip and watch global catnip prices plummet. Re-buy at the bottom and own ALL the catnip. Very easy! These whales are not so clever; WeltMaster has them all figured out! do people do this with stocks...and is that even legal in a regulated stock market? Wouldn;t this be price manipulation? |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 13, 2015, 09:58:30 PM |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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April 13, 2015, 09:59:03 PM |
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ask side suddenly gone on finex Agreed- first good news of the day! Not quite. Weekly chart for better idea:  |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3008
Welt Am Draht
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April 13, 2015, 09:59:34 PM |
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do people do this with stocks...and is that even legal in a regulated stock market? Wouldn;t this be price manipulation?
There's zero regulation pertaining to any area of the crypto market hence the hail storm of altcoins that are out to fleece people and the endless pumping and dumping for BTC. Forex is a better comparison. There's much less regulation for even the biggest markets compared to stocks. |
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Tabata11
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April 13, 2015, 10:00:28 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3008
Welt Am Draht
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April 13, 2015, 10:01:48 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want. |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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April 13, 2015, 10:03:05 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
It will be if enough people need them, regardless of whales. |
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Tabata11
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April 13, 2015, 10:04:01 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want. So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket? |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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April 13, 2015, 10:05:05 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want. So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket? If there is any real demand for BTC, the price will go up. Whales cannot prevent this. So, the price is falling now from lack of demand - manipulation is only a byproduct of price action. |
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JorgeStolfi
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April 13, 2015, 10:05:24 PM |
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Does anybody know if there is/was a forum where you could go 24/7 to tell pre-ipo facebook investors that their investment is a fad, because nobody would be using it, because they could meet their friends in real life or sms/call them, and tell those investors every second of the the day that somebody did not update their facebook status so it was probably dying?
Can anyone direct me to the forum where Facebook stockholders discuss how to convince their parents and friends to use Facebook, in order to prevent its share price from falling? |
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WeltMaster
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April 13, 2015, 10:05:51 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want. So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket? They probably already are. Right now they're accumulating |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3008
Welt Am Draht
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April 13, 2015, 10:07:12 PM |
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So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket?
I've no idea. If you're talking about them running an exchange, they would be duty bound to provide real time market prices and the correct orders. No one really knows what goes on in the present exchanges. They could be front running client orders, operating fractional reserves, feeding fake info. I'm sure many are run by upstanding citizens but there's nothing at all to stop them milking everything left, right and centre. |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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April 13, 2015, 10:08:49 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want. So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket? They probably already are. Right now they're accumulating  I can't even. |
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Dump3er
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April 13, 2015, 10:09:37 PM |
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wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...
IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!
Well, we don't even know whether there are any truly legit exchanges. The whole thing is mired in fog and bollocks. A fair price might arrive one day when there are markets that can be trusted. Until then the whole thing is the plaything of a small number of people who do what they want. So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket? If there is any real demand for BTC, the price will go up. Whales cannot prevent this. So, the price is falling now from lack of demand - manipulation is only a byproduct of price action. Why only bears understand the market mechanisms? Or is it that they are bearish since they understand it?  |
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Tabata11
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April 13, 2015, 10:10:19 PM |
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So if a bigger player such as a big bank comes into play then i guess we can see the price sky rocket?
I've no idea. If you're talking about them running an exchange, they would be duty bound to provide real time market prices and the correct orders. No one really knows what goes on in the present exchanges. They could be front running client orders, operating fractional reserves, feeding fake info. I'm sure many are run by upstanding citizens but there's nothing at all to stop them milking everything left, right and centre. wow, so these exchanges can post fake sell/buy orders that seem like a whale is selling/buying the coins even when there isn't an actual trade? |
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