Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
|
|
October 23, 2013, 05:53:28 PM |
|
Not sure if everyone seen this however I will post it again for those just tuning in.
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 23, 2013, 06:02:00 PM |
|
|
|
|
|
DougTanner
|
|
October 23, 2013, 06:02:20 PM |
|
Wow, Bitstamp is about to pass $200.
|
|
|
|
ShroomsKit
|
|
October 23, 2013, 06:03:02 PM |
|
No, we go up for about 2 - 3 more days IMO. Well, it depends on volume, if it's really high we can peak and crash tomorrow, if it's low we can slowly climb for a week, and then crash.
You just don't get it, do you? Last time I sold at 209.95, IMO 210 was the top on Gox, and now we are going to drop.
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
|
|
|
|
|
strawbs
Legendary
Offline
Activity: 868
Merit: 1340
|
|
October 23, 2013, 06:13:59 PM |
|
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list.
|
|
|
|
MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
|
|
October 23, 2013, 06:22:16 PM |
|
I hope you guys slept well yesterday cause today you won't.
|
|
|
|
MAbtc
|
|
October 23, 2013, 06:27:54 PM |
|
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over. maybe there is a service called "baidu trends"? Zero trade fees in china is fueling this pump/fake-rally. Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market. It's pretty easy to fake volume when there are no financial constraints to doing so. Don't you think? A single whale can repeatedly buy and sell his own coins. (That's not to say the market won't roll over him or that this is what is happening) Sure you can manipulate volume. How will that help in manipulating price? You don't think manipulating volume can affect price action? Re price manipulation, that would depend on how much of the coins/fiat on the exchange is controlled by the whale. Is it impossible that one could drive up the inter-exchange rate this way? Or would he just be run over by arbitrage? I don't really know, I'm just brainstorming... Volume manipulation can only affect price within the spread. I suppose it could indirectly affect price by screwing over other daytrader's indicators, but I don't think they could reliably do so in a way that would actually cause a defined trend in one direction. I figured that large manipulation of volume could skew indicators-- possibly could indicate a lot of buying pressure that is not real. Which in turn, could affect price action. Sort of talking out of my ass here, though.
|
|
|
|
Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
|
|
October 23, 2013, 06:31:32 PM |
|
I hope you guys slept well yesterday cause today you won't.
LOL I love sleep and this is denying me that pleasure.
|
|
|
|
gandhibt
|
|
October 23, 2013, 06:32:10 PM |
|
I can sniff a small correction just about behind the corner, not big thou.
|
|
|
|
hlynur
|
|
October 23, 2013, 06:35:08 PM |
|
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list. +1 @shroomskit: is your avatar pic deliberately showing self-mockery or just a coincidence?
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
October 23, 2013, 06:35:15 PM |
|
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over. maybe there is a service called "baidu trends"? Zero trade fees in china is fueling this pump/fake-rally. Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market. It's pretty easy to fake volume when there are no financial constraints to doing so. Don't you think? A single whale can repeatedly buy and sell his own coins. (That's not to say the market won't roll over him or that this is what is happening) Sure you can manipulate volume. How will that help in manipulating price? You don't think manipulating volume can affect price action? Re price manipulation, that would depend on how much of the coins/fiat on the exchange is controlled by the whale. Is it impossible that one could drive up the inter-exchange rate this way? Or would he just be run over by arbitrage? I don't really know, I'm just brainstorming... Volume manipulation can only affect price within the spread. I suppose it could indirectly affect price by screwing over other daytrader's indicators, but I don't think they could reliably do so in a way that would actually cause a defined trend in one direction. I figured that large manipulation of volume could skew indicators-- possibly could indicate a lot of buying pressure that is not real. Which in turn, could affect price action. Sort of talking out of my ass here, though. No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all. However, if they went to $300, but the volume was 20k... then, others would react. So, if BTCChina volume is "mostly real", then its being followed properly. If its mostly fake due to zero fees, then this rally is on something that is not as it seems.
|
|
|
|
bassclef
|
|
October 23, 2013, 06:38:21 PM |
|
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list. +1 @shroomskit: is your avatar pic deliberately showing self-mockery or just a coincidence? His reputation precedes him. I recognize shroomskit from another forum where he was equally as obnoxious.
|
|
|
|
Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
|
|
October 23, 2013, 06:40:04 PM |
|
I agree with sitarow, the new USA regulation about international wire transfer is a serious thing and we recommend that you use this time to research alternative means to send funds to foreign locations For example bitcoin
|
|
|
|
Zephir
|
|
October 23, 2013, 06:43:29 PM |
|
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list. I like shroomsy´s hate comments. He took the advice from Blitz, Rampion and others and sold on the way down to 65$, then he got burnt. I can see it in front of my closed eyes, everytime he see a posting from some of them, his pulse is going to 180, he gets red and begins to snuffle. Very amusing everytime.
|
|
|
|
MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
|
|
October 23, 2013, 06:48:41 PM |
|
The whale is still on toilet... C'mon We are waiting for you to crush this $220.
|
|
|
|
DougTanner
|
|
October 23, 2013, 06:55:16 PM |
|
I can sniff a small correction just about behind the corner, not big thou.
As you requested.
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
October 23, 2013, 06:55:30 PM |
|
yes and a 300 btc sell would take us back to 213, waiting for someone to do it
There it is, after about 900.
|
|
|
|
prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
|
|
October 23, 2013, 06:55:50 PM |
|
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over. maybe there is a service called "baidu trends"? Zero trade fees in china is fueling this pump/fake-rally. Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market. It's pretty easy to fake volume when there are no financial constraints to doing so. Don't you think? A single whale can repeatedly buy and sell his own coins. (That's not to say the market won't roll over him or that this is what is happening) Sure you can manipulate volume. How will that help in manipulating price? You don't think manipulating volume can affect price action? Re price manipulation, that would depend on how much of the coins/fiat on the exchange is controlled by the whale. Is it impossible that one could drive up the inter-exchange rate this way? Or would he just be run over by arbitrage? I don't really know, I'm just brainstorming... No one can arb using an exchange located in a country that has capital controls!!! Go ahead try to move fiat money out of China... and you thought Gox was hard...
|
|
|
|
theonewhowaskazu
|
|
October 23, 2013, 06:59:27 PM |
|
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over. maybe there is a service called "baidu trends"? Zero trade fees in china is fueling this pump/fake-rally. Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market. It's pretty easy to fake volume when there are no financial constraints to doing so. Don't you think? A single whale can repeatedly buy and sell his own coins. (That's not to say the market won't roll over him or that this is what is happening) Sure you can manipulate volume. How will that help in manipulating price? You don't think manipulating volume can affect price action? Re price manipulation, that would depend on how much of the coins/fiat on the exchange is controlled by the whale. Is it impossible that one could drive up the inter-exchange rate this way? Or would he just be run over by arbitrage? I don't really know, I'm just brainstorming... No one can arb using an exchange located in a country that has capital controls!!! Go ahead try to move fiat money out of China... and you thought Gox was hard... I'm pretty sure people can arb. After all lots of the people who have money in stuff like OKPay & LibertyReserve were Chinese. Obviously if you can get money into those types of things you can use similar approaches to arb.
|
|
|
|
|