Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
mrbitbank
on 14/05/2013, 17:19:51 UTC
For the past 8 days the rate has been unusually steady hardly any fluctuations, I can see a pump and dump is due within the next couple of days> I expect the price to increase a moderate 5-10% more then we will see a sudden dump with a 30% fall then a steady increase as people get out their poop scoopers to collect the cheaper coins that others lost shitting their pants

I have to agree with you. A sell order at the ready in the early 130s would be a safe bet.. We shall see!

Well if you look at the past red candle activity, every week or so there is someone dumping coins, maybe its a silk road trader, but its as regular as clockwork and who ever it is, is overdue for a dump to get their hand on fiat