Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
Arthur Randolph
on 12/04/2013, 10:12:34 UTC
The manipulators executed a cunning heist today:
- wait for MtGox to open late at night
- wait until North America gets sleepy
- DDoS until everyone is fed up of waiting, call it a day and go sleep, expecting MtGox to be dead all night again
- dump BTC on a very low volume market
- trigger a whole bunch of stop orders
- set the stage for a panic sell at very low prices in the morning when people wake up