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wesleyh
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December 11, 2013, 08:12:23 PM |
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Price doubled at DGEX..
Looks to me someone is creating a lot of buy orders (small amounts) and has driven up the price this way. looks like there's pretty big orders top to bottom of the buy book. And millions of nxt bought at market. Probably someone created lots of small sell orders to drive up price, then bought up all the buy orders, then created new buy orders at the higher price. Someone tried this yesterday, but failed. It seems they have succeeded today. That doesn't make sense. If the market support wasn't there to buy it up yesterday at 0.00035 to 0.00045 how could someone expect to buy all the orders to 0.000089 and figure the support to magically be there to buy up their orders at 0.000009 and higher? Nonetheless, the Nxt were bought. Funny how people act. When its down it's natural market action. When its up its manipulation. I was selling below market price the last few days and people dilly dally, try to low ball, don't buy, then they cry when price goes back up again. it was 0.00001 not even a week ago. I guess were in for a bunch more whining. It could just be the same person buying nxt, again to increase the price. This is what happens when you have users with millions of nxt coins easily able to manipulate the market, increase the price, and then dump their coins. Of course, when normal users see the price increase, they are fast to grab it too, since they think it's never going to go back down again. |
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Noitev
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December 11, 2013, 08:20:13 PM |
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got 30,000 nxt to sell for 0.25, first to pm me gets it
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utopianfuture
Sr. Member
 Offline
Activity: 602
Merit: 268
Internet of Value
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December 11, 2013, 08:22:40 PM |
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Manipulating the market is often more difficult that one thinks. If you don't believe it, try for yourself to see if you end up with million of useless things.
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wesleyh
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December 11, 2013, 08:34:42 PM |
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Manipulating the market is often more difficult that one thinks. If you don't believe it, try for yourself to see if you end up with million of useless things.
It should be quite easy for the dgex owner to check if there is indeed manipulation going on. |
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wesleyh
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December 11, 2013, 08:47:13 PM |
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Manipulating the market is often more difficult that one thinks. If you don't believe it, try for yourself to see if you end up with million of useless things.
It should be quite easy for the dgex owner to check if there is indeed manipulation going on. It should be quite easy for mtgox and bitstamp to check if there is "manipulation" going on too. We should get them all to check for suspicious behaviour and divulge all the personal trading information. If 1 person is making all these orders, it takes 5 seconds to check in the db. Better for everyone if it isn't possible to do such manipulation. For example, I don't think it should be possible to have more than 2-3 orders open at any point in time. |
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twistelaar
Legendary
Offline
Activity: 1148
Merit: 1000
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December 11, 2013, 08:50:55 PM |
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Hey guys, what the offer for 0.15 nxt coins? thanks a lot!
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wesleyh
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December 11, 2013, 08:54:38 PM |
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Manipulating the market is often more difficult that one thinks. If you don't believe it, try for yourself to see if you end up with million of useless things.
It should be quite easy for the dgex owner to check if there is indeed manipulation going on. It should be quite easy for mtgox and bitstamp to check if there is "manipulation" going on too. We should get them all to check for suspicious behaviour and divulge all the personal trading information. If 1 person is making all these orders, it takes 5 seconds to check in the db. Better for everyone if it isn't possible to do such manipulation. For example, I don't think it should be possible to have more than 2 sell orders open at any point in time. Well its a good thing you don't run any of the exchanges because that's completely retarded. Thanks for showing your ignorance. You clearly have no understanding of high frequency trading or how markets work. Good way to slow the market to a crawl and make everyone leave your exchange, lol. No need for namecalling. Because this is a very small exchange, such a rule would be good. Right now it is possible someone made like xx orders at increasing prices, just to drive up the price. Anyway, done with this since we're not really listening to each other anyway. |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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December 11, 2013, 09:42:49 PM |
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wesleyh if you think the price is high don't buy! then you may help bring the price down  |
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lx001
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December 11, 2013, 11:38:59 PM |
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could somebody send me 1 coin just to test if everything is alright?
12026054856799496941
thank you
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voldemort628
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December 12, 2013, 12:23:28 AM |
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wesleyh if you think the price is high don't buy! then you may help bring the price down +1 =)))) |
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▐ CRYPTI▐ a Node.JS coin built from scratch. With Proof of Time, Purchase and Identity. Custom blockchains and much more! ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒
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Forobitcoins
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December 12, 2013, 09:32:48 AM |
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Buying 250000 x 1 BTC
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Sorry for my broken English XD
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wizzardTim
Legendary
Offline
Activity: 1708
Merit: 1000
Reality is stranger than fiction
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December 12, 2013, 01:42:41 PM |
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Buying 400K for 1BTC
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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manrus
Legendary
Offline
Activity: 1334
Merit: 1004
TTM
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December 12, 2013, 04:31:25 PM
Last edit: December 12, 2013, 05:30:18 PM by manrus |
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Selling 492k nxt for 2.65 btc / PM me Fast and reliably |
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myhoho
Legendary
Offline
Activity: 1162
Merit: 1008
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December 12, 2013, 04:37:38 PM |
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WTS 100'000 Nxt for 0.5 BTC
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pinarello
Full Member
Offline
Activity: 266
Merit: 100
NXT is the future
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December 12, 2013, 05:35:55 PM |
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Selling 492k nxt for 2.65 btc / PM me Fast and reliably care to sent first or escrow? |
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manrus
Legendary
Offline
Activity: 1334
Merit: 1004
TTM
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December 12, 2013, 05:44:48 PM |
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Selling 492k nxt for 2.65 btc / PM me Fast and reliably care to sent first or escrow? Answered on nextcoin.org |
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xadidos
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December 13, 2013, 02:03:11 AM |
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WTB 1M Nxt for 2.5-3.5 BTC
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nicepen
Newbie
Offline
Activity: 31
Merit: 0
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December 13, 2013, 02:03:42 AM
Last edit: December 13, 2013, 05:09:10 AM by nicepen |
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WTB 800K for .08btc.
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ferment
Full Member
Offline
Activity: 168
Merit: 100
IDEX - LIVE Real-time DEX
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December 13, 2013, 03:07:46 AM |
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WTB 1m+ NXT paying BTC or LTC. Pm with offers.
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aTriz
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December 13, 2013, 03:19:29 AM |
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I have 850,000nxt coins for sale. Will throw in a nice bonus for whoever buys  taking offers here or PM me. I'll use escrow or you can send first, I have made trades on here and run hashco.ws |
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