Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
samson
on 27/08/2013, 11:45:37 UTC
Lift-off commencing!  Grin

This is obviously completely artificial. Look at the bid depth. 352 BTC in bids on $126 and 7357 on $127.

The bids on $127 are only there to push the price up into the higher sell range otherwise they would be at the lower price.

Why would someone pay $1 more than they have to for over 7000 BTC when there's only a tiny amount of bids on $126.

Yeah, but nobody is selling either.  Only 121 bitcoins for sale under $130.

It looks like a stalemate situation for now then.

I know I'm not buying anything at this price.

this is what is making me nervous too about the price. I love bitcoin but this is clearly manipulation of the price and has been for some time now.

I suppose those of you with the balls to take the risk do deserve the reward Smiley

The price on BTCe is $114.59