Bitcoin Forum
December 10, 2016, 03:15:41 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Someone is Jobbing this Market  (Read 6623 times)
Synaptic
Member
**
Offline Offline

Activity: 84


View Profile
June 16, 2011, 06:46:16 PM
 #21

Its really sad when uninformed people abuse the word manipulation because they don't understand some basic fundamentals about a market (any market).

Please, teach us what these "basic fundamentals" are as relates to the BTC market...

...please, do.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481339741
Hero Member
*
Offline Offline

Posts: 1481339741

View Profile Personal Message (Offline)

Ignore
1481339741
Reply with quote  #2

1481339741
Report to moderator
1481339741
Hero Member
*
Offline Offline

Posts: 1481339741

View Profile Personal Message (Offline)

Ignore
1481339741
Reply with quote  #2

1481339741
Report to moderator
1481339741
Hero Member
*
Offline Offline

Posts: 1481339741

View Profile Personal Message (Offline)

Ignore
1481339741
Reply with quote  #2

1481339741
Report to moderator
Oldminer
Legendary
*
Offline Offline

Activity: 1022



View Profile
June 16, 2011, 06:50:24 PM
 #22

I though so to, but there is always some kind of drift in a range, In my years (looking at 10's thousands of charts) Ive never seen a flat lining effect like this after such a huge range of trade.

 


^^ This

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
mellowhead
Member
**
Offline Offline

Activity: 98


View Profile
June 16, 2011, 07:02:04 PM
 #23

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

11 Cheers for binary currency!
1BxQsmtVtzJD9uEe5MxcyqFaohpgb76ohs
Epinnoia
Full Member
***
Offline Offline

Activity: 207


View Profile
June 16, 2011, 07:21:44 PM
 #24

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Just a guess, but probably people freaking out about their own personal security measures after the heist.  Whether they're sending to wallet services, or to wallet files on thumbdrives, doesn't matter.  It's probably nothing more than people sending money to themselves in various ways.


My first miner -> ATI 4550 (7.2 Mh/sec): 
https://www.facebook.com/groups/cryptospeculators/
Synaptic
Member
**
Offline Offline

Activity: 84


View Profile
June 16, 2011, 07:26:21 PM
 #25

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Just a guess, but probably people freaking out about their own personal security measures after the heist.  Whether they're sending to wallet services, or to wallet files on thumbdrives, doesn't matter.  It's probably nothing more than people sending money to themselves in various ways.



Sending from address A to address B makes sense under your umbrella.

Sending from address A to address B and back to address A, paying 50 something BTC on a ~9k transaction as an actual example, doesn't. At all.

At all.
mellowhead
Member
**
Offline Offline

Activity: 98


View Profile
June 16, 2011, 07:28:13 PM
 #26

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Just a guess, but probably people freaking out about their own personal security measures after the heist.  Whether they're sending to wallet services, or to wallet files on thumbdrives, doesn't matter.  It's probably nothing more than people sending money to themselves in various ways.


Could be. If I had 50,000 BTC, a good way to make it hard for someone to steal would be to put it into 1000 different wallets and then encrypt them all.

11 Cheers for binary currency!
1BxQsmtVtzJD9uEe5MxcyqFaohpgb76ohs
niemivh
Full Member
***
Offline Offline

Activity: 196



View Profile
June 16, 2011, 07:33:13 PM
 #27

The trading in BTC is characteristically volatile, too much so, but for the past three days there are huge blocks of BTC swirling around the globe and the market is flat, not range bound but outright absolutely flat.  Who thinks this is normal? This to me is impossible (considering standard volitility) without large manipulation. We want a more stable market but this is flat lining, "the patient is now dead" price action is also dysfunctional for BTC. Too many questions, too much weirdness, not a natural market.


Someone is always jobbing a market, that's what markets do.  Get jobbed.  Either by the biggest fish in the sea or by the government or regulatory body.

If you are looking for a "free market" keep looking.  Let me know if you find one by the way, I'd love to see a mythological creature.

I'll keep my politics out of your economics if you keep your economics out of my politics.

16LdMA6pCgq9ULrstHmiwwwbGe1BJQyDqr
AtlasONo
Hero Member
*****
Offline Offline

Activity: 551



View Profile
June 16, 2011, 08:26:35 PM
 #28

Batten down the hatches, there's a storm brewing for the weekend.
AtomicTrader
Jr. Member
*
Offline Offline

Activity: 34


View Profile
June 16, 2011, 08:33:01 PM
 #29

Ya, with the price falling from the 19-20 range going into the weekend, I think dark clouds are on the horizon.
snowboard789
Sr. Member
****
Offline Offline

Activity: 322


View Profile
June 16, 2011, 08:36:00 PM
 #30

oh my god its falling. that is the end of bitcoin. it was a nice ride. i dont have a parachute. it was nice while it lasted.

all from irc.all the previous weekend. all wrong.
niemivh
Full Member
***
Offline Offline

Activity: 196



View Profile
June 16, 2011, 08:43:27 PM
 #31

I'm glad that the market is doing exactly like I'm predicting.

Next prediction: downward drift to $15 range @ about a 75% certainty.  May trigger a panic sell off with the bad press.

I'll keep my politics out of your economics if you keep your economics out of my politics.

16LdMA6pCgq9ULrstHmiwwwbGe1BJQyDqr
comboy
Sr. Member
****
Offline Offline

Activity: 247



View Profile
June 16, 2011, 09:09:45 PM
 #32

Somebody is selling a lot in dark pool just below $20 stopping price from going up. It does not swing very much down also because there's another big dark at $18.

Yes, compared to 30% value swings that looks  But AFAIR remember week ago everybody was begging for stabilization.

Variance is a bitch!
RomertL
Full Member
***
Offline Offline

Activity: 192


View Profile WWW
June 17, 2011, 12:56:52 AM
 #33

I'm glad that the market is doing exactly like I'm predicting.

Next prediction: downward drift to $15 range @ about a 75% certainty.  May trigger a panic sell off with the bad press.

hehe might be good prediction, 16.5 now. Don't think there will be the same panic as last time though, since it recovered at least partly. Should be lot's of newcomers wanting to get in due to the massive press-coverage (even though about 50% is somewhat negative).

Shit it got back to 17.35 while I was writing this haha. You guys who got bored of the stability, here you have your volatility Wink

Looking for an easy way to charge bitcoins at: houseofreplicas.net, high quality replica watches. Using WP with the E-shop plug-in at the moment for charging credit-cards.
---------------------------------------------------------------------------
bitcoin address: 1e8SHzCbxTJNo8LkNomeRppTSKX7rDwuB
samr7
Full Member
***
Offline Offline

Activity: 140

Firstbits: 1samr7


View Profile
June 17, 2011, 01:40:29 AM
 #34

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction.  It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses.  When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors.  Or maybe it really is being moved?
mellowhead
Member
**
Offline Offline

Activity: 98


View Profile
June 17, 2011, 01:48:27 AM
 #35

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction.  It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses.  When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors.  Or maybe it really is being moved?
Whether the large remainder is being moved to a different wallet or not is semantics I think. The interesting thing to me is that it's being sent out in relatively consistent amounts. I have my own suppositions as to why, but was interested in what other people think about it.

11 Cheers for binary currency!
1BxQsmtVtzJD9uEe5MxcyqFaohpgb76ohs
finnthecelt
Full Member
***
Offline Offline

Activity: 140


View Profile
June 17, 2011, 02:21:12 AM
 #36

I'm glad that the market is doing exactly like I'm predicting.

Next prediction: downward drift to $15 range @ about a 75% certainty.  May trigger a panic sell off with the bad press.

And then the difficulty rating goes down? Yayyyyy!
niemivh
Full Member
***
Offline Offline

Activity: 196



View Profile
June 17, 2011, 02:54:35 AM
 #37

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction.  It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses.  When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors.  Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

I'll keep my politics out of your economics if you keep your economics out of my politics.

16LdMA6pCgq9ULrstHmiwwwbGe1BJQyDqr
imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 17, 2011, 02:56:23 AM
 #38

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction.  It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses.  When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors.  Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.
hugolp
Hero Member
*****
Offline Offline

Activity: 742



View Profile
June 17, 2011, 03:15:43 AM
 #39

Maybe the world is not ready for a free market. They shout manipulation and speculation when prices rise quickly. They shout manipulation and nefariousness when prices fall quickly. And when prices stay flat? Manipulation, it must be!

I'll propose an alternative theory = Bitcoin is brand new, and will be extremely volatile and unpredictable for a long time. Part of true volatility is the 2nd order - even the volatility itself will be volatile! Stop obsessing with charts.

The monetary concept of Bitcoin is solid. So, too, is the technology. Given this, if you believe in Bitcoin go out and build businesses around it. Buy with it, sell with it, and trade with it. Stop worrying if the short-term dollar/btc exchange rate is not precisely where you think it should be. Let free markets be free, and enjoy the freedom, tumultuous (or flat) as it is.

+1
RomertL
Full Member
***
Offline Offline

Activity: 192


View Profile WWW
June 17, 2011, 03:18:07 AM
 #40

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction.  It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses.  When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors.  Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man...

Looking for an easy way to charge bitcoins at: houseofreplicas.net, high quality replica watches. Using WP with the E-shop plug-in at the moment for charging credit-cards.
---------------------------------------------------------------------------
bitcoin address: 1e8SHzCbxTJNo8LkNomeRppTSKX7rDwuB
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!