proudhon
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Activity: 2198
Merit: 1311
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September 12, 2012, 01:58:22 AM |
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Here's a thought. Somebody with bitcoin to sell figured out how to mess with feed data. Put up big wall, people place bids ahead of wall, sell into bids.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Yuhfhrh
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September 12, 2012, 01:59:57 AM |
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Here's a thought. Somebody with bitcoin to sell figured out how to mess with feed data. Put up big wall, people place bids ahead of wall, sell into bids.
Conspiracy? Has Mt.Gox said anything on this matter?
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 12, 2012, 02:13:28 AM |
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WHo cares....in 9 months bitcoins will be more that $11.35 bring on the selling PussyAt40!
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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September 12, 2012, 02:19:31 AM |
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WHo cares....in 9 months bitcoins will be more that $11.35 bring on the selling PussyAt40! sure? If it were that easy... the thing is it could be lower than 11.35 in 9 weeks... and that kind of thing is what drives the markets.
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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September 12, 2012, 03:26:25 AM |
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Here's a thought. Somebody with bitcoin to sell figured out how to mess with feed data. Put up big wall, people place bids ahead of wall, sell into bids.
Hmm I think that is far less likely than: 1. Someone purposely manipulating the markets or 2. Someone earnestly trying to enter with a large sum at the lowest price possible
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Bro, do you even blockchain? -E Voorhees
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bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
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September 12, 2012, 04:06:00 AM |
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Here's a thought. Somebody with bitcoin to sell figured out how to mess with feed data. Put up big wall, people place bids ahead of wall, sell into bids.
Hmm I think that is far less likely than: 1. Someone purposely manipulating the markets or 2. Someone earnestly trying to enter with a large sum at the lowest price possible Its not #2. To my memory, whenever we've seen a wall put up then removed, unless the market moves drastically after removal, it goes back up. An impatient market maker trying to get it moving, I think.
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College of Bucking Bulls Knowledge
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niko
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September 12, 2012, 05:10:59 AM |
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...whaaat? Ok goxlive also show this, so this was not mistake... jeez this thing is big!
About $1.8M sitting in somebody's account(s) on MtGox. I suddenly feel inadequate.
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They're there, in their room. Your mining rig is on fire, yet you're very calm.
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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September 12, 2012, 06:30:54 AM |
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Here's a thought. Somebody with bitcoin to sell figured out how to mess with feed data. Put up big wall, people place bids ahead of wall, sell into bids.
Hmm I think that is far less likely than: 1. Someone purposely manipulating the markets or 2. Someone earnestly trying to enter with a large sum at the lowest price possible Its not #2. To my memory, whenever we've seen a wall put up then removed, unless the market moves drastically after removal, it goes back up. An impatient market maker trying to get it moving, I think. Yep, seems to be the case. Good for the price I suppose, bad for the bots.
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Bro, do you even blockchain? -E Voorhees
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weex
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Activity: 1102
Merit: 1014
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September 12, 2012, 07:05:07 AM |
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adamstgBit (OP)
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Activity: 1904
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Trusted Bitcoiner
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September 12, 2012, 07:15:05 AM |
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ahhhh its so fast! what was that like 12 hours of trading?
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weex
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Activity: 1102
Merit: 1014
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September 12, 2012, 07:33:15 AM |
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48 hours overall. 1 shot every 2 mins means about 1 hour per second so yeah it's fast but you can pause and step through it. Also the uptime, gives you a clock of sorts.
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Vandroiy
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Activity: 1036
Merit: 1002
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September 12, 2012, 11:16:28 AM |
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ahhhh its so fast! what was that like 12 hours of trading? Yep... can't see from one frame to the next: was the sell order and the removal of the wall simultaneous? I agree that it does look like a risky attempt to influence people into buying at higher prices. That enormous bid order just doesn't seem like something a millionaire would do without some sort of reason.
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sadpandatech
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September 12, 2012, 01:55:03 PM |
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Yep... can't see from one frame to the next: was the sell order and the removal of the wall simultaneous?
I agree that it does look like a risky attempt to influence people into buying at higher prices. That enormous bid order just doesn't seem like something a millionaire would do without some sort of reason.
Does seem odd they would move it so fast. It was not there long enough to build much more volume onto the bids in front of it. Whoever sold down as the wall was pulled had maybe an extra $1500 of new orders placed above $11.00 to sell into. It would seem an awfully risky move to only make a few bucks on.
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If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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Spekulatius
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Activity: 1022
Merit: 1000
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September 12, 2012, 05:42:01 PM |
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proudhon
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Activity: 2198
Merit: 1311
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September 12, 2012, 05:58:52 PM |
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Cool. So sell at $11.3x, buy under $11. Repeat.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Yuhfhrh
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September 12, 2012, 06:02:43 PM |
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Could this be our millionarrr deciding to buy his coins 1500 at a time? lol
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proudhon
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Activity: 2198
Merit: 1311
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September 12, 2012, 06:03:44 PM |
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Could this be our millionarrr deciding to buy his coins 1500 at a time? lol
No. There is no millionaire with Almost $2m in MtGox. It's a glitch.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Yuhfhrh
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September 12, 2012, 06:04:56 PM |
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Could this be our millionarrr deciding to buy his coins 1500 at a time? lol
No. There is no millionaire with Almost $2m in MtGox. It's a glitch. Really? Why do I never hear about these things sooner! Link?
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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September 12, 2012, 06:06:47 PM |
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Could this be our millionarrr deciding to buy his coins 1500 at a time? lol
No. There is no millionaire with Almost $2m in MtGox. It's a glitch. Really? Why do I never hear about these things sooner! Link? Here you go.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Yuhfhrh
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September 12, 2012, 06:11:29 PM |
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Could this be our millionarrr deciding to buy his coins 1500 at a time? lol
No. There is no millionaire with Almost $2m in MtGox. It's a glitch. Really? Why do I never hear about these things sooner! Link? Here you go. ...
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