Quote from: 1Referee on February 12, 2017, 10:13:18 AM

Quote from: The End Is Neigh on February 11, 2017, 05:50:22 PM

But what you don't realize is the fact that it actually worked and lots of people panic sold so, idk, Bitcoin prices are going back up but I'm sure people got burned.

And that's exactly what they are looking for, because they know it works, and they know that it will work another time as well. I am trading and monitoring the market since very early 2013, and time on time again the market remains sensitive to certain news articles, where it results in panic. As long as it works, the people (whoever they are) will continue to do so. It makes them millions as this is basically the same as trading with insider information. People shouldn't underestimate China's influence even though their fake volumes are gone...

Quote from: Vaccinus on February 11, 2017, 06:40:46 PM

but if everyone sell just to buy back later more coins it can't be called burned, they have just increased their bitcoin

Weird definition of burned you have. In my books burned is when you end up selling at a loss, and buy back at a price higher than what you sold at. It will result in you decreasing your coins.

Quote from: Vaccinus on February 11, 2017, 06:40:46 PM

cellard is saying that this is working less and less and you can't fool investors 2-3 times, you can see that each dump is smaller and the recover is faster

Read the first part of my post. Yes, the price does happen to increase afterwards, but this manipulation game works time on time again. It doesn't really matter who gets fooled and sells in panic, the point is, if they so wish, the market will tank. Weird that some people still don't seem to understand these basics.

if they dump but buy back at lower price how can you call it burned? and if they buy back it make no sense for them to dump and kill the price they would only lose money isn't it true? only a moron would kill the price by losing his coins