Quote from: WilderX on January 14, 2015, 11:27:36 AM

Quote from: gjgjg on January 14, 2015, 09:13:14 AM

big orders placed then removed just before prices hit them is common practice trading technique. basically a fake out to fool people into thinking price will turn at those points. helps with stop loss hunting. the faker is looking to get better prices on their order.

ofc could just be someone moving their larger order price cos theyre indecisive ;p

No I'm not talking about playing with the order book. I mean centralized exchanges doing fake transactions with fake bitcoins and dollars to manipulate the market aka similiar what MT GOX was doing.

I could buy into that possibility. I heard speculation that it might be due in part to Bitstamp trying to rebuy cheap coins to compensate for the stolen money owed? If true, that could account for the sharp 24 hour decline, but still does not detract from the fact that it's been a half year bear market. But certainly a possibility.