Bitcoin Forum
December 03, 2016, 09:49:23 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Looks like manipulators are trying to push price up with their walls  (Read 1665 times)
Edward50
Hero Member
*****
Offline Offline

Activity: 546



View Profile
February 20, 2012, 11:37:54 PM
 #1

Seems like their strategy is to not buy bitcoins, as they have already bought 10's of thousands on the way down. They are slowly trying to inch the price by using walls and having forcing the suckers to buy just above their walls.

They are not buying any coins, even at what you guys consider a low of $4.3.

They seem to not want to buy any more new coins. They seem to be getting more brave and are slowly increasing the bid walls and taking more risk of someone dumping on them. I guess they figure that nobody has dumped in a while so they are safe to resume their little tactics of tryign to bump the price higher.

I think the manipulators or major bitcoin holders, who decided to sell at $5.6 to push the price down are just waiting for the price to go up a bit higher until they do another dump.

It would seem to be a good gamble with all their walls to buy now, but I see extreme risk of more dumps coming.

Volume is extremely low since the manipulators are not doing any buying and selling. Mostly everyone seems to be sitting out.

I just do not understand how they are making money with all their manipualtion attempts. I wish I could see how much the manipulators are actually making with their little games.



Bid 3.8 4432.47
Bid 3.85 5410.89
Bid 3.9 21823.49
Bid 3.95 1773.05
Bid 4 9079.59
Bid 4.05 10124.47
Bid 4.1 3057.88
Bid 4.15 4419.01
Bid 4.2 12459.31
Bid 4.25 5084.31
Bid 4.3 4133.73
Bid 4.35 416.77
Ask 4.4 2807.38
Ask 4.45 4741.47
Ask 4.5 6702.95
Ask 4.55 6525
Ask 4.6 4892.1
Ask 4.65 2527.31



Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
1480758563
Hero Member
*
Offline Offline

Posts: 1480758563

View Profile Personal Message (Offline)

Ignore
1480758563
Reply with quote  #2

1480758563
Report to moderator
1480758563
Hero Member
*
Offline Offline

Posts: 1480758563

View Profile Personal Message (Offline)

Ignore
1480758563
Reply with quote  #2

1480758563
Report to moderator
1480758563
Hero Member
*
Offline Offline

Posts: 1480758563

View Profile Personal Message (Offline)

Ignore
1480758563
Reply with quote  #2

1480758563
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480758563
Hero Member
*
Offline Offline

Posts: 1480758563

View Profile Personal Message (Offline)

Ignore
1480758563
Reply with quote  #2

1480758563
Report to moderator
1480758563
Hero Member
*
Offline Offline

Posts: 1480758563

View Profile Personal Message (Offline)

Ignore
1480758563
Reply with quote  #2

1480758563
Report to moderator
1480758563
Hero Member
*
Offline Offline

Posts: 1480758563

View Profile Personal Message (Offline)

Ignore
1480758563
Reply with quote  #2

1480758563
Report to moderator
thest0ckman
Member
**
Offline Offline

Activity: 119



View Profile WWW
February 20, 2012, 11:40:05 PM
 #2

wall street traders are taking a break. its a holiday!

Edward50
Hero Member
*****
Offline Offline

Activity: 546



View Profile
February 20, 2012, 11:41:02 PM
 #3

wall street traders are taking a break. its a holiday!

maybe, but it seems to have been slow like this for a while now.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
thest0ckman
Member
**
Offline Offline

Activity: 119



View Profile WWW
February 20, 2012, 11:45:13 PM
 #4

nice to meet you ed.

i have been on the sidelines for 1-2 days. seems like the bear raid might be over but i am not sure.

it is common trading practice to post fake bids and offers in stocks as you only have to stand by 100 shares in equity(stock) markets.

its not really manipulation just a trading technique


Edward50
Hero Member
*****
Offline Offline

Activity: 546



View Profile
February 20, 2012, 11:57:01 PM
 #5

nice to meet you ed.

i have been on the sidelines for 1-2 days. seems like the bear raid might be over but i am not sure.

it is common trading practice to post fake bids and offers in stocks as you only have to stand by 100 shares in equity(stock) markets.

its not really manipulation just a trading technique



yeah but with bitcoins, if the order goes through you are stuck with it. I don't understand how that works with stock markets. So people with bidwalls, definitely face the risk of having to buy those coins.

It does seem like the bear raid is over. However, I am suspicious. Reason being is that when the market fell from $5.6 someone really dumped alot of coins to make it fall. I do not understand why they would just stop at this point.

It is a good gamble I would think. Buy at the current price and put your stop loss in. But this is what makes me worry, I thought last time was a good gamble also when they seemed to have put in a price floor at $5.6.

Since I am the typcial sucker, having no money to push markets in any way etc, no inside information. I think they are trying to sucker people in right now. I say this because I think it would be a good bet to try and go for a little upspring.

But if it was a safe bet, then the big money market players would have already taken it.



Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
thest0ckman
Member
**
Offline Offline

Activity: 119



View Profile WWW
February 21, 2012, 12:06:59 AM
 #6

well if your fake bid or offer is hit of course you have the execution. this is true of stocks, bitcoins or any other vehicle. 

technically speaking you want some consolidation here, direction is not clear. we want sideways movement for a little bit.

keep in mind the trade hill deal really hurt and manipulators will use this sort of thing to their advantage. it(bear raid) might be over but who knows.


stochastic
Hero Member
*****
Offline Offline

Activity: 532


View Profile
February 21, 2012, 12:20:14 AM
 #7

Quote
I just do not understand how they are making money with all their manipualtion attempts. I wish I could see how much the manipulators are actually making with their little games.

Welcome to modern trading techniques.  If you want to buy bitcoins without the price increasing on you or sell bitcoins without the price dropping then you need to do your own "manipulation" techniques to spoof the spoofers.

Introducing constraints to the economy only serves to limit what can be economical.
thest0ckman
Member
**
Offline Offline

Activity: 119



View Profile WWW
February 21, 2012, 12:21:24 AM
 #8

lol well said stoch

RyNinDaCleM
Legendary
*
Offline Offline

Activity: 1988


Legen -wait for it- dary


View Profile
February 21, 2012, 01:05:09 AM
 #9

If the steps on both sides are from one person, and he is in fact trying to push the price up, why wouldn't he just pull the asks, and drop the depth?
I know I would be more inclined to buy if price could move more than a penny and stagnate at the next wall.

bittenbob
Hero Member
*****
Offline Offline

Activity: 560


View Profile
February 21, 2012, 01:41:55 AM
 #10

Because there isn't just one manipulator. There are several.
Bro
Full Member
***
Offline Offline

Activity: 218



View Profile
February 21, 2012, 04:31:21 PM
 #11

Because there isn't just one manipulator. There are several.

and most of them lose money when they "manipulate"
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 1988


Legen -wait for it- dary


View Profile
February 21, 2012, 05:00:17 PM
 #12

Because there isn't just one manipulator. There are several.

So Mr. Pessimistic "M" is still trying to hold price down while he keeps selling?
That's just silly.

dopamine
Sr. Member
****
Offline Offline

Activity: 471



View Profile
February 21, 2012, 06:28:35 PM
 #13

How does one loose money if they are manipulating the price? Everyone wants stability in bitcoins, in order for that to occur you need to raise the price of bitcoins so that its harder to manipulate the price, Its called small Cap

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
Crypt_Current
Hero Member
*****
Offline Offline

Activity: 686


Shame on everything; regret nothing.


View Profile
February 21, 2012, 06:41:28 PM
 #14

How does one loose money if they are manipulating the price? Everyone wants stability in bitcoins, in order for that to occur you need to raise the price of bitcoins so that its harder to manipulate the price, Its called small Cap

I think volume is more important to deter manipulation -- price doesn't really matter.  A manipulator stands to lose (just one 'o' there btw) money if upon pushing the price in one direction, people fail to follow suit, or more generally, the market fails to respond.  The market will respond less to this manipulation the bigger it gets.

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
byronbb
Legendary
*
Offline Offline

Activity: 1400


HODL OR DIE


View Profile
February 21, 2012, 10:07:58 PM
 #15

Yes we could see another run up to 5 like we saw at 7, promises and heralding calls for the moon and then its down to $2. Then it stabilizes and runs up to 4 and more calls for the moon and then..........

copumpkin
Donator
Sr. Member
*
Offline Offline

Activity: 266


I'm actually a pineapple


View Profile
February 21, 2012, 11:16:09 PM
 #16

I know I would be more inclined to buy if price could move more than a penny and stagnate at the next wall.

I'm not sure I understand this. I'm more inclined to buy if I'm up against a massive ask wall, because liquidity is good. Or did I misunderstand you?
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 1988


Legen -wait for it- dary


View Profile
February 22, 2012, 01:18:50 AM
 #17

I know I would be more inclined to buy if price could move more than a penny and stagnate at the next wall.

I'm not sure I understand this. I'm more inclined to buy if I'm up against a massive ask wall, because liquidity is good. Or did I misunderstand you?

Well absolutely for larger orders, or longer term trading. If I'm trading with the trend, for longer periods, a big wall is perfect, but I've already got all my long term coins for now.
Also, a couple walls are no big deal, but 20 or so at $0.01 increments just stalls the price too much for day trading. I'd deal with trading a few less coins, if I know price will move easier.


Edit:

Looks like he's weaving cyclone fence.  Cheesy


Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!