|
old_engineer
|
 |
January 16, 2012, 08:17:14 PM |
|
I have never before seen such obvious manipulation of the market. And not just general manipulation, large scale manipulation done by one individual or group. I don't know who or what is doing it, but there is clearly a purpose behind it. I think that right now the purpose is to put everything to the table in one desperate attempt to cause a small crash and get even more coins at cheap prices, before it's simply too late.
Remember how huge walls used to rise and disappear almost every day? That kind of behavior was the rule, and the recent lack of such obvious manipulation is the exception. But yeah, it's just an attempt to shake out weak hands. I'm almost positive we'll be back over $7 later this week. |
|
|
|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Technomage
Legendary
 Offline
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
|
|
January 16, 2012, 08:22:08 PM |
|
Remember how huge walls used to rise and disappear almost every day? That kind of behavior was the rule, and the recent lack of such obvious manipulation is the exception.
But yeah, it's just an attempt to shake out weak hands. I'm almost positive we'll be back over $7 later this week. +1 |
Denarium closing sale discounts now up to 43%! Check out our products from here! |
|
|
|
Bro
|
|
January 16, 2012, 08:27:16 PM |
|
it looks like it's catching on
it's going down son
|
|
|
|
|
|
waspoza
|
|
January 16, 2012, 08:27:59 PM |
|
Asterisk disapeared.
|
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
January 16, 2012, 08:34:21 PM |
|
Asterisk disapeared.
Charge! Only half a million to 7.2! |
|
|
|
SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
|
|
January 16, 2012, 08:40:04 PM |
|
As long as we don't dip below $5.26, I'm good.  |
|
|
|
|
|
BTCurious
|
|
January 16, 2012, 08:41:37 PM |
|
Remember how huge walls used to rise and disappear almost every day? That kind of behavior was the rule, and the recent lack of such obvious manipulation is the exception. Yeah, I remember. Fun times.  |
|
|
|
|
phatsphere
|
|
January 16, 2012, 08:42:58 PM |
|
i'm also surprised how good this tv episode was. +1 to your posting, too.
we should look out even more for related new blogposts, news mentions and if there is more activity in the newbie part of this forum. at least, it is a strong reminder to everyone who just forgot about bitcoin after hearing about it last year.
|
|
|
|
|
|
StewartJ
|
|
January 16, 2012, 08:46:54 PM |
|
WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Is it 4:20 yet? After seeing the depth shift while I was working.. I need a 420 break... shit brother! I liquidated, loss of $1.24...  Could have been worse Same here, I accidentally bought in just under 7.20, I was suppose to wait till after 7.20 to buy,expecting rally. Sold off a nickel under. Lost a smidge, no big whoop. |
|
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
January 16, 2012, 08:51:16 PM |
|
Since we broke through $6 two weeks ago, we have been bouncing off of $7.20. You will notice that most of these "bounces down" took us under $6.50... you will also notice that we haven't gone under $6.50 today. We are consolidating closer and closer, the ask wall is a lot bigger now but I'm not scared... Still looking bullish to me.
Still over $6.50 ... barely Im getting close to my first Zhoutonging... lol EDIT: I think I got lucky and Zhou got some more reserves just above $6.50... or I made a good call... your decision EDIT2: Already showing * again lol |
|
|
|
|
jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
|
|
January 16, 2012, 08:57:36 PM |
|
I think we are bottoming out here
|
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
|
|
|
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
January 16, 2012, 09:25:05 PM |
|
I think we are bottoming out here
That's what he wants you to think! And that's what he wants me to say!  |
|
|
|
|
StewartJ
|
|
January 16, 2012, 09:27:52 PM |
|
I think we are bottoming out here
That's what he wants you to think! And that's what he wants me to say! Funny... |
|
|
|
|
|
Crypt_Current
|
|
January 16, 2012, 09:32:51 PM |
|
I changed my first name on Facebook to "Bitcoin"
|
|
|
|
zby
Legendary
Offline
Activity: 1592
Merit: 1001
|
|
January 16, 2012, 09:52:51 PM |
|
The rally is postponed until Zhou loads up some more USD.
|
|
|
|
|
|
StewartJ
|
|
January 16, 2012, 09:53:54 PM |
|
I changed my first name on Facebook to "Bitcoin"
I changed my wife's name to "The Good Wife" |
|
|
|
|
FlipPro (OP)
Legendary
Offline
Activity: 1764
Merit: 1015
|
|
January 16, 2012, 10:03:01 PM |
|
The manipulation that we are seeing is disgusting.
This is a dark entity trying to prevent the inevitable...
|
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
January 16, 2012, 10:08:31 PM |
|
The manipulation that we are seeing is disgusting.
This is a dark entity trying to prevent the inevitable...
Or maybe a bull taking profits to hold back the rally until his funds arrive tomorrow . |
|
|
|
FlipPro (OP)
Legendary
Offline
Activity: 1764
Merit: 1015
|
|
January 16, 2012, 10:13:15 PM |
|
The manipulation that we are seeing is disgusting.
This is a dark entity trying to prevent the inevitable...
Or maybe a bull taking profits to hold back the rally until his funds arrive tomorrow . Never thought of that . Doom and gloom is always a better motivator to silence the critics! |
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
January 16, 2012, 10:34:31 PM |
|
The manipulation that we are seeing is disgusting.
This is a dark entity trying to prevent the inevitable...
Or maybe a bull taking profits to hold back the rally until his funds arrive tomorrow . Never thought of that . Doom and gloom is always a better motivator to silence the critics! Meh... both of us are trying to use fear and greed to get them to trade in our favor. |
|
|
|
|
