Bitcoin Forum
December 03, 2016, 05:53:57 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: MT Gox... You Can Not Control The Exchange Market.  (Read 1346 times)
Maria
Sr. Member
****
Offline Offline

Activity: 454



View Profile
July 01, 2011, 01:21:33 AM
 #1

Trying to control the natural course of the market is a mistake. Let the demand and supply rule the game. If the price wants to drop to 1.00 USD, just let it be. Dont be scared.

Maria.
1480787637
Hero Member
*
Offline Offline

Posts: 1480787637

View Profile Personal Message (Offline)

Ignore
1480787637
Reply with quote  #2

1480787637
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480787637
Hero Member
*
Offline Offline

Posts: 1480787637

View Profile Personal Message (Offline)

Ignore
1480787637
Reply with quote  #2

1480787637
Report to moderator
1480787637
Hero Member
*
Offline Offline

Posts: 1480787637

View Profile Personal Message (Offline)

Ignore
1480787637
Reply with quote  #2

1480787637
Report to moderator
NO_SLAVE
Jr. Member
*
Offline Offline

Activity: 56


DEBT IS SLAVERY


View Profile
July 01, 2011, 01:24:15 AM
 #2

This from one rolling around in BTC.
You my dear are a real libertine!
what will be will be.
Bit_Happy
Legendary
*
Offline Offline

Activity: 1442


A Great Time to Start Something!


View Profile
July 01, 2011, 01:25:19 AM
 #3

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

15DYJpWJe9H1YofsNQbP9JEWWNn7XPZgbS
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
July 01, 2011, 01:26:55 AM
 #4

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.
Bit_Happy
Legendary
*
Offline Offline

Activity: 1442


A Great Time to Start Something!


View Profile
July 01, 2011, 01:32:00 AM
 #5

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.

I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60?
I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it.
With a real buy order, the person expects the market will be falling to reach that price....

Many of the orders were clearly "fake", IMO.

15DYJpWJe9H1YofsNQbP9JEWWNn7XPZgbS
TraderTimm
Legendary
*
Offline Offline

Activity: 1652



View Profile
July 01, 2011, 01:38:11 AM
 #6

It's back.

Last: 16.25


fortitudinem multis - catenum regit omnia
TTBit
Legendary
*
Offline Offline

Activity: 1136


View Profile
July 01, 2011, 01:39:37 AM
 #7

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.

I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60?
I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it.
With a real buy order, the person expects the market will be falling to reach that price....

Many of the orders were clearly "fake", IMO.

"fake" may be a bad term, perfectly OK by me to bid $16.25 for 10,000 BTC if you are just trying to show demand and sell at $16.85 or so. It's Ok to show offers if you don't want to sell, but rather buy a few pennies lower.

However, if someone is bidding $16.25 for 10,000 when the market is $16.70, and have someone offer 20,000 at $16.25, that person bidding for 10,000 btc better eat them.

good judgment comes from experience, and experience comes from bad judgment
jackjack
Hero Member
*****
Offline Offline

Activity: 868


May Bitcoin be touched by his Noodly Appendage


View Profile
July 01, 2011, 01:43:02 AM
 #8

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.

I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60?
I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it.
With a real buy order, the person expects the market will be falling to reach that price....

Many of the orders were clearly "fake", IMO.
Agreed
I demand delays between cancellation asks and cancellation applications

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
kwukduck
Legendary
*
Offline Offline

Activity: 1564


View Profile
July 01, 2011, 01:43:47 AM
 #9

oh gosh... here we go again with the worthless topics....

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
July 01, 2011, 02:04:13 AM
 #10

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.

I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60?
I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it.
With a real buy order, the person expects the market will be falling to reach that price....

Many of the orders were clearly "fake", IMO.

I've been talking about that for the past 2 days or so.  It was obviously somebody trying to pull the market down.
datguywhowanders
Member
**
Offline Offline

Activity: 112



View Profile
July 01, 2011, 02:05:52 AM
 #11

Are we sure that something didn't crash? Looking at the charts, it doesn't seem like the "halting" lasted very long.

Donations Welcome: 163id7T8KZ6MevqT86DjrBF2kfCPrQsfZE
stic.man
Full Member
***
Offline Offline

Activity: 168


View Profile
July 01, 2011, 02:06:00 AM
 #12

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.

I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60?
I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it.
With a real buy order, the person expects the market will be falling to reach that price....

Many of the orders were clearly "fake", IMO.

I've been talking about that for the past 2 days or so.  It was obviously somebody trying to pull the market down.

i thought the opposite
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
July 01, 2011, 02:11:38 AM
 #13

What?
Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50?
A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.

So, what were you talking about?

I think she's talking about MtGox being frozen.

I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60?
I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it.
With a real buy order, the person expects the market will be falling to reach that price....

Many of the orders were clearly "fake", IMO.

I've been talking about that for the past 2 days or so.  It was obviously somebody trying to pull the market down.

i thought the opposite

They were luring sellers into thinking there was liquidity and then moving/removing bids, which in effect frightened already scared sellers into selling even further into the bids for fear of larger drops, effectively lowering the price.
swusc2
Sr. Member
****
Offline Offline

Activity: 306


Do your part for Bitcoin!


View Profile
July 01, 2011, 02:11:46 AM
 #14

"Don't let private businesses do what they want. Yeah! lets regulate MtGox."

Here is a solution. Go to another exchange.

Impress your friends! Buy a bitcoin keychain!
http://forum.bitcoin.org/index.php?topic=30799.0
Pages: [1]
  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!