It is not real because there is no intent of actually using it to buy. It is only being placed there to influence other people into buying in front of it.. People are willing to buy at that price because they are tricked into thinking that is the real current price. You are right; it is a very common market manipulation tactic. One to be vary wary of because it indicates there isnt enough real support to maintain the current level..
The idea that this is better for the market is ludicrous. It is only better for the short-term benefits of those who are already heavily invested in BC. But this makes it a very bad time for new, big, investors to join in if they are smart enough to see what is going on.
you can't make the claim.. you don't know. it hasn't even been tested yet. you have completely discredited your own argument.
now yes.. of course it could be fake, but you are asserting that you "know", when in fact, nothing has been proven yet.
how do we know the 40btc sell wall is real also? we don't. it ain't been hit.
i know you are not new to markets, you talk the talk.. so i assume you know all of this already.