Quote from: BittBurger on June 02, 2014, 01:01:40 PM

Quote from: bitcoinsrus on June 02, 2014, 12:35:46 PM

It rocketed to 680 then dropped to sub 630. Was this market manipulation by day traders? Was it natural? Did something happen yesterday?

If you haven't realized it yet, there are people with large sums of bitcoins that are manipulating the price with pumps and subsequent dumps.

I literally posted 5 minutes before the dump that it was going to dump. And it did.

All I did was look at the last spike 3 months ago. Right around $680. And like clockwork .... I posted when it hit $680 .... and...

This is being manually affected. Bitcoins real price is in the $450-500 range right now. Everything else is manipulation.

-B-

Good call. This whole explosive run up since 20 May looks totally engineered and it can be engineered in the opposite direction if those behind it can benefit.