Ninjastic
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Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
theonewhowaskazu
on 23/10/2013, 16:58:16 UTC
Quote from: MAbtc on October 23, 2013, 04:53:35 PM
Quote from: theonewhowaskazu on October 23, 2013, 04:51:39 PM
Quote from: Walsoraj on October 23, 2013, 03:03:27 PM
Quote from: molecular on October 23, 2013, 02:53:45 PM
Quote from: ardana123 on October 23, 2013, 12:28:53 PM
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.





maybe there is a service called "baidu trends"?

Zero trade fees in china is fueling this pump/fake-rally.

Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
It's pretty easy to fake volume when there are no financial constraints to doing so. Don't you think? A single whale can repeatedly buy and sell his own coins. (That's not to say the market won't roll over him or that this is what is happening)

Sure you can manipulate volume. How will that help in manipulating price? I guess you can pick where, within the spread, the "last" price was. So? The spread isn't hundreds of yuan.