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Author Topic: The manipulator is back!!!  (Read 5783 times)
Elwar (OP)
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October 04, 2011, 05:14:47 PM
 #1

The manipulator is back!!!

But this time instead of buying a shitload of Bitcoins then selling them making the price go all screwy...he is messing with us by making sure that the price is VERY stable...

Man this guy is diabolical!

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Spekulatius
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October 04, 2011, 05:23:47 PM
 #2

The manipulator is back!!!

But this time instead of buying a shitload of Bitcoins then selling them making the price go all screwy...he is messing with us by making sure that the price is VERY stable...

Man this guy is diabolical!

How much did he give you to be his mouthpiece?
Edward50
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October 04, 2011, 05:45:24 PM
 #3

I noticed the same thing happening. I wonder what their goals are here. Maybe they figure that causing a long-term stable price will help them push the price up higher later.


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phorensic
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October 04, 2011, 06:20:24 PM
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I'm sick of this stable price crap.  Can't make money day trading.
Serge
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October 04, 2011, 06:38:19 PM
 #5

although it's nice to see it somewhat stable, the volume is really low, very fragile condition.

what's interesting, we might be seeing actual market volume (not for the whole economy, just related to the exchanges) while traders are waiting for their turn to make moves
S3052
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October 04, 2011, 07:10:41 PM
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See historic comparison...
Stable prices have nothing to do with manipulation. It happens all the time in financial markets, and it also happened for bitcoins already many times. See here for an example:

https://twitter.com/#!/BitcoinAnalyst

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October 04, 2011, 07:14:23 PM
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Its quite simple the volume of orders vastly exceeds the number of direct buy/sell or we have a low relative market volume atm.
This has to lead to stable prices and is exactly what is happening.
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October 04, 2011, 07:19:25 PM
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Correct, it is a reflection of overall market balance, which will change big time soon (in a matter of hours, days, or maximum of 3 weeks)

ineededausername
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October 04, 2011, 07:30:08 PM
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Correct, it is a reflection of overall market balance, which will change big time soon (in a matter of hours, days, or maximum of 3 weeks)

You think btcusd is really going back to $10 again?

(BFL)^2 < 0
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October 04, 2011, 07:41:23 PM
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I noticed the same thing happening. I wonder what their goals are here.



That's simple - he is trying to drive us crazy!
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October 04, 2011, 07:54:01 PM
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Correct, it is a reflection of overall market balance, which will change big time soon (in a matter of hours, days, or maximum of 3 weeks)

You think btcusd is really going back to $10 again?

In principle yes, and it will even make an all time high as long as the long term trend remains up.

When it happens and how long it takes, this is where the uncertainty lies, not about the if.

But, if prices break below the long term uptrend line, then bitcoin has a big issue.

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October 05, 2011, 08:41:36 AM
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There's barely any movement/volatility in this market at the moment.

Market size is still 37 million US$.

grod
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October 05, 2011, 01:38:03 PM
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It's amazing how activity on this board also mirrors the volume traded.   Even the chatter is dead.  Nothing to do but sit back and wait for some event to push BTC either up or down.

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October 05, 2011, 02:43:54 PM
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It's amazing how activity on this board also mirrors the volume traded.   Even the chatter is dead.  Nothing to do but sit back and wait for some event to push BTC either up or down.



That's what The Manipulator wants you to think.
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October 05, 2011, 08:43:25 PM
 #15

The manipulator is back!!!

But this time instead of buying a shitload of Bitcoins then selling them making the price go all screwy...he is messing with us by making sure that the price is VERY stable...

Man this guy is diabolical!

How much did he give you to be his mouthpiece?

LOL nice one mate !
Cluster2k
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October 05, 2011, 10:23:47 PM
 #16

It's amazing how activity on this board also mirrors the volume traded.   Even the chatter is dead.  Nothing to do but sit back and wait for some event to push BTC either up or down.

That's what The Manipulator wants you to think.

That's what he wants you to think that he wants you to think...
RyNinDaCleM
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October 06, 2011, 01:30:33 AM
 #17

It's amazing how activity on this board also mirrors the volume traded.   Even the chatter is dead.  Nothing to do but sit back and wait for some event to push BTC either up or down.

That's what The Manipulator wants you to think.

That's what he wants you to think that he wants you to think...

Mua-ha ha ha ha, Yes!
This IS what I want you all to think!
Mua ha ha cough cough hem...oop there goes a lung!


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October 06, 2011, 09:44:22 AM
 #18

Correct, it is a reflection of overall market balance, which will change big time soon (in a matter of hours, days, or maximum of 3 weeks)

You think btcusd is really going back to $10 again?

In principle yes, and it will even make an all time high as long as the long term trend remains up.

When it happens and how long it takes, this is where the uncertainty lies, not about the if.

But, if prices break below the long term uptrend line, then bitcoin has a big issue.

You are rationalizing the statistics in a way that does not fit with the very irrational reaction when bitcoin got mainstream press and trended up the way it did.

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Cluster2k
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October 06, 2011, 10:01:38 AM
 #19

That mountain of bids at $4.47 and $4.45 right now looks rather impressive.  Someone with a lot of cash doesn't want bitcoins to fall much further (than they already have).  They really put a floor underneath the falling market.  Will it hold?
Macho
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October 06, 2011, 10:18:17 AM
 #20

That mountain of bids at $4.47 and $4.45 right now looks rather impressive.  Someone with a lot of cash doesn't want bitcoins to fall much further (than they already have).  They really put a floor underneath the falling market.  Will it hold?
Well, let's see ... the "wall" is 60,000 BTC strong ... there is 216,000 BTC generated *every month* ... so no, unless the fundamentals change (bitcoin starts to be actually useful and used because of that as a currency) then the downward spiral will continue until such change or the final death of bitcoin.
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