Quote from: mooncake on September 30, 2014, 03:03:46 AM

Quote from: mooncake on September 30, 2014, 02:50:56 AM

Quote from: bassclef on September 29, 2014, 07:54:17 PM

Those who don't think manipulation occurs, here is a guide written by Wolong, the guy who originally pumped Dogecoin.

http://cryptofrenzy.files.wordpress.com/2014/02/god.pdf

Good read.

Before the read, I was wondering why huge ask walls appear at regular intervals after a huge dump. Why sell low when you can sell high?

After the read, I am aware that one possibility is the manipulators are at the Suppressing Prices stage. I don't know about this for sure but this offers a real and logical explanation.

After the Suppressing Prices stage, the following stages follow: (1) Test Pump, (2) Actual Pump, (3) Shakeouts, (4) Re-allocation and distribution, and (5) Exiting - The Dump.

Now, the capitalisation of DOGE is much smaller than BTC but that does not mean that BTC cannot be manipulated. What is needed is just a bigger purse, that is all. And this is certainly possible.

I mentioned that this is only a theory and I cannot know for sure. But there is a way to know for sure. If and only if the exchange operators are willing to provide insights as they know who every single buyer and seller are, the bitcoin community will be able to know the cause of the perceived current bear market.

or else

(1) Test Dump, (2) Actual Dump, (3) Shakeouts, (4) Re-allocation and distribution, and (5)Hodling