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Author Topic: Redditor makes thread taking credit for the "dump" (made before the dump)  (Read 1619 times)
Ares (OP)
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May 01, 2013, 04:11:15 AM
 #1

If you scroll down, you can see his unedited post:

Quote
   Ready? Give me just a few minutes.

    Edit

    Now who wants to know how I did that? It wasn't by selling it coins. It was by BUYING. It was because the people at gox are insider trading scumbags who are watching my account in an attempt to put me out of business.

    The price drops earlier happened for the same reason.

    I have this and several other instances of this captured and video recorded.

http://www.reddit.com/r/Bitcoin/comments/1dgklt/watch_im_going_to_make_the_price_tank/
Wuji
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May 01, 2013, 04:15:11 AM
 #2

All I can read is Redditor takes a dump and videos it.  Grin Grin Grin
Ares (OP)
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May 01, 2013, 04:16:38 AM
 #3

All I can read is Redditor takes a dump and videos it.  Grin Grin Grin

you read correctly. that's what the speculation forum is about, isn't it?
Wuji
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May 01, 2013, 04:17:29 AM
 #4

Yep very true.  Tomorrow I shall eat lots of cheese and speculate some massive dumps.

On a serious note he deleted the post before I could reply.  He probably realized the huge sell off was Silk Road coming online and he was about to be witch hunted as the DDOS'er.
johnblaze
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May 01, 2013, 04:33:10 AM
 #5

mtgox could very easily be engaged in inside trading. they control the order book.

why did this guy delete all his posts? is there a way to see them?

i'm VERY curious about what is going on here..
paulie_w
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May 01, 2013, 05:03:51 AM
 #6

bump to keep alive
notme
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May 01, 2013, 05:31:57 AM
 #7

I wouldn't really call that the price tanking.

https://www.bitcoin.org/bitcoin.pdf
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meangreen
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May 01, 2013, 08:09:13 PM
 #8

I called it yesterday. Such an easy call you amateurs
fitty
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May 01, 2013, 08:17:32 PM
 #9

mtgox could very easily be engaged in inside trading. they control the order book.

why did this guy delete all his posts? is there a way to see them?

i'm VERY curious about what is going on here..

That's the only reason you can really explain the lag. Before every big market order they insert their own trades and then sell into the market order. The more trades that get lagged in the queue the more they can buy/sell from the front and buy/sell into the end of the market order.

And it's not even illegal. They're not a real exchange. There are no laws saying they have to run an honest exchange (since it's not really an exchange). They could have their own "bot" that never loses on a trade (of course no fees). They can wait for 5-10-15 trades to queue then insert their own trades. They'd never lose and you can't really prove it. We just assume they're honest and nice guys and aren't tempted by making millions. Yeah.  Wink

 
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johnblaze
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May 01, 2013, 08:23:24 PM
 #10

yeah i was thinking about that exact possibility...
arepo
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May 01, 2013, 09:10:19 PM
 #11

I called it yesterday. Such an easy call you amateurs

yeah we were very ripe for a short/mid-term bear. good call Smiley

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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meangreen
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May 01, 2013, 09:14:51 PM
 #12

thanks arepo. your a good dude.
masachino
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May 02, 2013, 12:36:31 AM
 #13

Anyone see the other deleted posts?
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