Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
MAbtc
on 19/06/2013, 22:50:19 UTC
According to Moody, there are bids totaling more than $50 million in the $0 - $2.50 range.

It isn't difficult to manipulate the total bid sum. All you need to do is place lots of bids far below where you expect sales.

You need the cash...

Yes, but bids in that range obviously aren't real support. They will never get filled, so this must be taken into account when looking at total bid sum.