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Author Topic: Looks like the Manipulator is back in the market. Buy-hold-SELL SELL SELL  (Read 3436 times)
Edward50
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September 07, 2011, 03:11:28 PM
 #1

The bid (buy) side of mt gox has increased 200%-500% or more since the last time I looked yesterday. Looks like he is not buying bitcoins at market but trying to make the bid side look like there are many people wanting to buy. This guy has bought many bitcoins with his manipulation and almost always has lost, due to the price not going as high as he intended

What does this mean?

He does not really buy bitcoins to push the value higher, he only buys them when the price gets lower. He triese to suck you into thinking that there is lots of demand and buying at higher prices is supported by many bid orders.

He has always pulled out of the market eventually causing the price to always go lower

Buying if the price goes much higher because of his manipulation is very risky. SO my recommendation would be to sell once the price goes higher and seems like it is stalling. We may see the price peak around $8.00 - $10.00 with his manipulation. If it hits this mark, SELL SELL SELL.

Learn to beat this manipulator, and profit from him and other morons who think that the price is going to the moon.

SO I would buy in the range right above his manipulation point of around $6.7-$7.2, hold, and sell once we stabalize around $8.00 to $10.00. Can make fast money. Make sure you watch the bid side and see that it is bloated.

EDIT: I bought in around the time I bought this below $7.00.

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Raoul Duke
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September 07, 2011, 03:20:19 PM
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Fuck off!

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September 07, 2011, 03:22:56 PM
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Looks like the Manipulator

Stopped reading right there.
jwzguy
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September 07, 2011, 03:31:22 PM
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Looks


Stopped reading right here.

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critmass
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September 07, 2011, 03:54:45 PM
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Why does it have to be a manipulator and not just bitcoin miners trying to save their own behinds?
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September 07, 2011, 04:13:16 PM
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Quote
Edward50

Stopped reading right there.
Piper67
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September 07, 2011, 04:21:37 PM
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Yup, Edward, there is no ugly, boogeyman "manipulator". Time to go back on the meds  Grin
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September 07, 2011, 05:27:14 PM
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ZOMG! Blip at $7.15.... THE MANIPULATOR IS BACK, GUYS!
gw4tt
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September 07, 2011, 05:48:35 PM
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Picture of the manipulator

Minsc
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September 07, 2011, 05:53:47 PM
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That isn't what it looks like to me.  He is testing the selling power.  He managed to push it up from 6.40 to 7.50 and then he dumped 10,000 coins and now they're sitting there.  If it collapses lower, he will be back.  If starts climbing, he will jump in and the price will soar.

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September 07, 2011, 06:17:28 PM
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All hail the manipulator! Save us manipulator!  Grin
critmass
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September 07, 2011, 06:19:08 PM
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All hail the manipulator! Save us manipulator!  Grin
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September 07, 2011, 06:38:47 PM
 #13

it seems like it takes more effort to attack these posts than to ignore them.

Dont let the haters get ya down edward.

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September 07, 2011, 06:51:58 PM
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I actually think there is a manipulator and I have since before Edward50 started posting his own theories. I don't really see what is so 'troll' like about his posts aside from the fact that the call attention to a problem with small markets. And some point don't like hearing about problems. It is a theory of course since no one knows aside from the potential manipulator.

All hail the manipulator!
gw4tt
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September 07, 2011, 06:53:25 PM
 #15

the manipulator is probably a freemason as well.
ThomasV
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September 07, 2011, 06:54:31 PM
 #16

Looks like the Manipulator is back. His name is Edward50.

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zby
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September 07, 2011, 06:58:55 PM
 #17

Looks like the Manipulator is back. His name is Edward50.
Exactly my thought - some laugh at him - but I guess he does not mind and just does his manipulation job.
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September 07, 2011, 07:03:49 PM
 #18

So your the reason why I get retarded emails like this!?
https://bitcointalk.org/index.php?topic=42106.0

Becuase people really believe what they read on forums......
Minsc
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September 07, 2011, 07:38:01 PM
 #19

Looks like the Manipulator is back. His name is Edward50.


No.  Let's say you got 10,000 bitcoins and want to try to make money with them.  Whenever you buy or sell, the price goes crazy so it's annoying.  You unintentionally manipulate the market.

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gw4tt
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September 07, 2011, 07:41:11 PM
 #20

So your the reason why I get retarded emails like this!?
https://bitcointalk.org/index.php?topic=42106.0

Becuase people really believe what they read on forums......

The bitcoin speculation board has shifted more towards a conspiracy theory board.
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