Post
Topic
Board Speculation
Re: The Real Story | What is considered manipulation?
by
stochastic
on 15/02/2012, 00:21:42 UTC
To be perfectly honest, it's funny to watch the Speculation board after I run transactions on Mt. Gox.  Everyone thinks they know what happened and come up with these crazy ideas as to who is manipulating the market.  I guess that's why it's here.

The truth is, it's nothing more than trading.  We all try to get the best price for our USD/BTC trades.  Why it's called manipulation when I trade thousands at a time vs hundreds I don't know.  Maybe it's the fact that the market really isn't that big and feels like it's being "controlled" by these large transactions.  Should I not trade anymore? If you played with the same volume I do, you'd see that building a "wall" to add support allows you to pick up or sell more coins at a better price.  It's really that simple.

So tell me, is it REALLY manipulation?


One strategy is where a trader buys some shares then put a limit buy order for a lot more shares a little above the market price.  Let the algo wars begin.