what would happen if

[bracek]

we put all our funds into the same (fake) support wall at some price
for example,
we all put a bid at 5.00 and make a wall of support sky high

or if we all install some open source bot that would slide our fake wall always 10% under the current price

how would that be perceived by market
would that create some kind of self fulfilling confidence ?

[1713893278]

1713893278

[1713893278]

1713893278

[1713893278]

1713893278

[antares]

it would only hurt the market, because everyone would know that the wall is fake, and because they couldnt determine how much support there really is in the market they'd probably short just to be safe.

[Cluster2k]

we put all our funds into the same (fake) support wall at some price
for example,
we all put a bid at 5.00 and make a wall of support sky high

or if we all install some open source bot that would slide our fake wall always 10% under the current price

The key word here is "all".  It only takes one person to change their strategy and act counter to everyone else for the whole 'fake' bid wall to unravel.  If a trader finds a way to make money because everyone else is colluding to do something else, they will.

[teflone]

we put all our funds into the same (fake) support wall at some price
for example,
we all put a bid at 5.00 and make a wall of support sky high

or if we all install some open source bot that would slide our fake wall always 10% under the current price

The key word here is "all".  It only takes one person to change their strategy and act counter to everyone else for the whole 'fake' bid wall to unravel.  If a trader finds a way to make money because everyone else is colluding to do something else, they will.

I would like to play poker..

btw, i have two Aces in the hole..