Quote from: smooth on October 05, 2014, 10:52:46 PM

Quote from: blaaaaacksuit on October 05, 2014, 08:54:01 PM

Quote from: sgbett on October 05, 2014, 07:51:14 PM

Common sense

Thank you for posting this. The dumping, although terrifying, makes absolutely no sense with all the infrastructure being built around btc. The market behavior was highly suspect the whole time starting with the initial dump from around 590 and now we're seeing people flashing 30,000 BTC asks on bitstamp. I've been very tempted to get out but every time I've come close I remind myself that none of this makes any fucking sense.

Edit: sometimes I wonder if there will be a time when hired manipulators disrupt the markets in a transparent and obvious way so violently and for so long that the majority of the BTC community begins screaming for regulation.

What was suspect was the extremely rapid (almost vertical) run up to 1200. Going from say 100 to 200 would be entirely consistent with the infrastructure build out.

Yes, that was ALSO suspect.