Quote from: CryptoLTD on December 30, 2014, 06:50:35 PM

It actually does add up. Step back..take a lil breath.. try and not be angry or scared & listen.

Scenario: Person has large qty of DGB

Goal: Accumulate More DGB or Profit short term & not lose your possition

Tools: Lots of Hash & Coins on an exchange

Method: Mine mine mine.. like its no tomorrow & keep large qty of coin on the exchange. Enforce buy book with small ammount of BTC as to not create a huge buying spree. ( This is only done when you want to move the price up ASAP) Trickle sell little bits untill you are selling to yourself, then once you start hitting your own buy orders, dump whole blocks to yourself to show a 'downard trend' on a short term chart as you mine them.

End Result: People panic, think its all going to hell, and sell to you, then you take their sells to you, and sell them back to 'off the top of the buy book buyers' for 1-2 sat more 10-15% profit each time thats done. Take that BTC, put back in the buy book or a percentage of it, rinse & repeat. Thus giving you 10-15 MORE DGB OR, profit and not losing your position.

I know I said I wouldn't say anything till after the new year, but this needed to be addressed.

Sorry, no cat gif's today. Mabey next time.

And this is usefull information Wink

, Thank you cryptoltd
I myself am not really a trader that goes so far.