The Pro Manipulators Are Here

[jimbobway]

Pro manipulators start by building a reputation in the forums by posting their analysis of the current bitcoin market.  Once they develop trust they will use their acquired trust to their own advantage.  They may even have multiple accounts.

I have witnessed this in action while trading stocks on Wallstreet and on Yahoo! forums.  When Yahoo Finance was first introduced in the 1990s, it was a crazy wild west.  Everyone including day traders, mutual fund managers, bankers, etc. would go to these forums and spew ridiculous claims.  It came to a point where people sued other forum board members, and some were even prosecuted.  Imagine if that would ever happen today!  Laws were created that disallowed mutual fund managers to post in the forums, including Yahoo Finance and SiliconInvestor.

However, even though these laws were created I have seen manipulation that is illegal, but due to anonymity they cannot be caught and prosecuted (this was about 10 years ago).  For example, I remember navigating the Yahoo Finance forums and one user was making a lot of good calls between different stock boards.  This user then made a call to buy stock in xxx because of insider information.  A lot of people started buying the stock and then a few days later the company was worth nothing.  This still happens all the time with penny stocks and it used to be "more illegal", but nowadays it's a free for all due to "freedom of speech".

I'm pretty sure you guys all know this and I am preaching to the choir.  :}

[Jaroslaw]

The biggest maniupulator is the market and the markes says btc need go down atm

[mgio]

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

[Jaroslaw]

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

Dont matter it will go down.

[nkspace]

panic selling

[gizmoh]

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

Dont matter it will go down.

You are talking based on your Fiats in your account and hoping for buy back just on 'sentiment'. There are pros and amateurs..

[Jaroslaw]

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

Dont matter it will go down.

You are talking based on your Fiats in your account and hoping for buy back just on 'sentiment'. There are pros and amateurs..

No sir i just sold at 160$ because now its time to watch beautifull crash

[NikolaTesla]

no, looks like someone just bought a buttload of bitocoins. back up to 155 now.

Dont matter it will go down.

You are talking based on your Fiats in your account and hoping for buy back just on 'sentiment'. There are pros and amateurs..

No sir i just sold at 160$ because now its time to watch beautifull crash

Nice  move

I'm going to buy back in around 70

[jimbobway]

Wow, thx for derailing my thread guys.

[nkspace]

yeh same im going to back back in around 70

[ElectricMucus]

Wow, thx for derailing my thread guys.

Report them

[Chalkbot]

Wow, thx for derailing my thread guys.

Looks like they are exactly on topic!

[Jaroslaw]

manipulators are bears or bulls ?

[ElectricMucus]

I think you are right.

These newsletter guys are the bulk of it. But in the end the reality of the situation will catch up. And once it does there will be alot of sad faces around here.

[webchris]

Pro manipulators start by building a reputation in the forums by posting their analysis of the current bitcoin market.  Once they develop trust they will use their acquired trust to their own advantage.  They may even have multiple accounts.

Do you think individual users on this forum would be able to affect sentiment that much? It seems far easier and far more effective to manipulate the market using price.

When you want to kill an antbed you don't pretend to be an ant and go tell them to move away, you pour gas on it. If you have money, market manipulation is easy.

[zby]

Pro manipulators start by building a reputation in the forums by posting their analysis of the current bitcoin market.  Once they develop trust they will use their acquired trust to their own advantage.  They may even have multiple accounts.

I have witnessed this in action while trading stocks on Wallstreet and on Yahoo! forums.  When Yahoo Finance was first introduced in the 1990s, it was a crazy wild west.  Everyone including day traders, mutual fund managers, bankers, etc. would go to these forums and spew ridiculous claims.  It came to a point where people sued other forum board members, and some were even prosecuted.  Imagine if that would ever happen today!  Laws were created that disallowed mutual fund managers to post in the forums, including Yahoo Finance and SiliconInvestor.

However, even though these laws were created I have seen manipulation that is illegal, but due to anonymity they cannot be caught and prosecuted (this was about 10 years ago).  For example, I remember navigating the Yahoo Finance forums and one user was making a lot of good calls between different stock boards.  This user then made a call to buy stock in xxx because of insider information.  A lot of people started buying the stock and then a few days later the company was worth nothing.  This still happens all the time with penny stocks and it used to be "more illegal", but nowadays it's a free for all due to "freedom of speech".

I'm pretty sure you guys all know this and I am preaching to the choir.  :}

Start with MtGox owner quipping about money in- and out-flows.

[Miz4r]

I don't know about pro manipulators but there do seem to be some amateur manipulators around here like Jaroslaw or nkspace. Or maybe it's just one person posting with multiple accounts.

[ElectricMucus]

I don't know about pro manipulators but there do seem to be some amateur manipulators around here like Jaroslaw or nkspace. Or maybe it's just one person posting with multiple accounts.

I am starting to suspect it's smoothie.

[nkspace]

smoothie is a troll

[awakening]

I don't know about pro manipulators but there do seem to be some amateur manipulators around here like Jaroslaw or nkspace. Or maybe it's just one person posting with multiple accounts.

I am starting to suspect it's smoothie.

Me too.