Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tHash
on 20/12/2013, 21:41:12 UTC
By the way, for those of you who keep screaming about coins moving around the blockchain being a signal of thousands of coins about to hit the market . . .

It's part of the ploy!   You are being manipulated.   The "whales" know that people will see those coins moving and be like "Oh NO!  The sky is falling", and sell.

Not that you can't take advantage of the signs of manipulation, but those coins are not headed to an exchange.  The one time this is not entirely true is on major negative news, and even then, most of the coins moved are just for effect.