Post
Topic
Board Speculation
Re: PULL YOUR SELL ORDERS!!!
by
mjoz
on 04/08/2011, 10:45:33 UTC
read the title Smiley

The question is, why should be artificially manipulate the market by heeding calls to pull our orders out?  If bitcoin is healthy it can withstand the panic of a few people and will thrive.  If not, nothing of real long term value was lost.  For all we know, those people dumping bitcoins at $10 today may look extremely clever in 2 weeks time when the price sits at $5.

The market is already being artificially manipulated.  Like I said in the previous post the large stacks of sell orders are placed out there only to drive the prices down.  Last night there was a large stack at 10, 10.25 and really huge stack at 11 and sure enough as soon as the stacks started to get bought into the orders were pulled.  This has been going on for months.