Denial Post? Why, I never expected such a thing.
^^ some of us knew what was up from the get .. alot of onlookers dont! They depend on the liquidity of the sentiment of the current maket!
So no its not a denial post .. its a warning to onlookers! Its save face in the community and if this and post like it remain a sticky than the less value such actions have on the community! EVERYONE WILL KNOW ITS A MANIPULATION! NOT JUST THE REGULARS!!
We dont have to wait for someone to defend us we can defend ourselves! dialog and take steps..
You don't understand, the volatility is a nice feature, it drives out the weak hands and the bad daytraders. Bitcoin doesn't fuck around. The people who think this is the top of the bubble will be proven wrong again and again until they turn bull, and those who don't will have fun with their helicopter fiat when it is worthless. All's well that ends well.
Oh i understand! Its one thing to have volatility.. its another to cripple the markets and endanger future prospects because of FORCED TEMPORARY volatility! Without the new $$ money or the noobs $$$ We have no growth!!
I 50% agree with the OP. I think MtGox and other exchanges are fooling themselves to think that a few kids with PCs can compete with the big boys. There should be no day trading except through licensed brokers. In fact, the Bitcoin prices should only be reported by the brokers as well. Let them deal with the brunt of the public interface. Having a website that is open to the public is just a painted target for DDOS attackers. It would be better to have many brokers open to the public and a few exchanges only open to brokers.
Point taken .. but a simply coordination by gox via its lag ... would be similar.
Lag greater than 5 min than all exchanges HALT trading!
ITS NOT THAT HARD TO COORDINATE!