Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
dexX7
on 19/06/2013, 23:42:56 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.

I didn't know Clark Moody displays a USD sum?

Anyway, all that matters is USD on bid side and BTC on ask side. 1M coins for 0.0000001 $ is still less than a dollar and can't add any buying power. And you can't fake that. You either have the money and coins on the book or not.