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November 28, 2013, 03:37:43 PM |
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Namecoin is definitely being manipulated.
Look at Vircurex.com for example these are the current buy orders
Amount Price Total(BTC) 5.0000 0.01303300 0.0652 5.0000 0.01303200 0.0652 5.0000 0.01303100 0.0652 5.0000 0.01303000 0.0651 5.0000 0.01302000 0.0651 43.0000 0.01301000 0.5594 2.0000 0.01300000 0.0260 100.0000 0.01160000 1.1600 27.0000 0.01102000 0.2975 200.0000 0.01100000 2.2000 196.9957 0.01088000 2.1433 30.0000 0.01010000 0.3030 26.5524 0.00999900 0.2655 49.0000 0.00841100 0.4121 49.0000 0.00821100 0.4023 10.0000 0.00820000 0.0820 40.0000 0.00810000 0.3240 100.0000 0.00801200 0.8012 49.0000 0.00801100 0.3925 29.0000 0.00791100 0.2294
Its been like this quite a few times for the last day or two.
I think that all the new people hearing about Bitcoins means quite a bit of uninformed money is entering the market, and thats whats allowing these pumps and dumps to occur without actually crashing the value of namecoins.
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