Post
Topic
Board Economics
Re: Why bitcoin prices are always very unstable
by
xcapator
on 15/10/2014, 13:46:06 UTC
I agree that bots were certainly used, however I don't think there is evidence that the bots were used to manipulate the prices. From what I can tell the willy bot was only a way that whales were able to buy up large amounts of bitcoin without suffering excess slippage.

If the price moved up by such a large amount when the bots were buying, there definitely was slippage. Smiley

Well, IMO people arent doing this drop, but bots are. Too many exchanges, too coordinated.. this is a plan in motion. All we can do is sit here and talk to each other like sick people waiting to heal Smiley