As always, those who try to play the markets casually, will be taken to the pen and slaughtered by those who study and watch constantly. In this case, the serious interested parties in S.DICE who, like myself, watch the price numerous times per day looking for opportunities to build my stake, happen to be given a gift of temporarily lower prices.
Aha, a winner emerges. Well...good for you!
This is really no different than some algorithm going AWOL on the NYSE, and selling the stock all the way down to 0.01, except in this case, trades aren't cancelled and reversed.
It is the policy of MPEx not to reverse trades. We can't absolutely guarantee this will never happen, but it's currently the Holy Grail #1 goal.
There have actually been cases of stocks being sold very low (S.DICE in two previous instances sold down to 0.0016 and 0.0008 respectively, causing the following observation in the Miscellanea section of
S.MPOE January Statements:
5. Quoth one confused trader,
Why every month there's someone sell s.dice at very low price? It's so bizarre.
What shall I tell him ?
In this historical perspective, the only reason this sale we're discussing is remarkable is perhaps more to do with the rising unemployment across Europe and the US than anything.
The daily volume of GOOG is 2.3 million shares. Eric Schmidt is selling 1.5 day's worth of shares over a year. Erik Voorhees tried to sell 100 days worth of shares over 5 days.
[MPEX:S.DICE] 1D: 0.00606903 / 0.00635803 / 0.0064 (34996 shares, 222.51 BTC), 7D: 0.0042 / 0.00574395 / 0.007395 (4398275 shares, 25,263.48 BTC), 30D: 0.00085848 / 0.00554145 / 0.0075 (8548901 shares, 47,373.31 BTC)
8.5 mn shares a month means that we're talking about roughly 3 days' "worth of shares". Does actually sitting down and doing the math help you understand how out of place the stuff you've been claiming is, or are you too committed to it by now to care?