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Showing 7 of 7 results by laely
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Re: Why is MT. GOX selling at $300?
by
laely
on 20/02/2014, 06:57:59 UTC
And to the ground we go.

New bottom at almost 200$ and still falling

If it breaks 200$ il will be really bloody.


And there is still no gox news lol.
It must be part of their plan.


Edit: 200$ broke! Next stop 150$ ?
Edit2: 150$ wall down, next stop 1$ ?
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Re: Why is MT. GOX selling at $300?
by
laely
on 20/02/2014, 06:33:38 UTC
The bot seems to sell at the "low" value. Now it is selling at 248.15$

It has been over 24hours now that it is continuously selling this way...
Gox 24H volume is around 40K according to bitcoincharts.
The bot has probably already sold around 15K of that volume and it is still selling.
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Re: Why is MT. GOX selling at $300?
by
laely
on 20/02/2014, 05:10:01 UTC
Quote from: hgamezoom on February 20, 2014, 04:05:03 AM
Quote from: laely on February 19, 2014, 10:28:50 PM
Am I the only one who does not understand the gox market at all ?

Despite BTC withdraw issues there is more chance to get coins out of gox rather than waiting for money withdrawal which may take at least 3 months considering how many people have withdrawn.
Because of that prices should not have dropped as much as what we currently see.
It should be around 80% BTC market price, not at 40%.


Moreover, and to explain that, I have the impression that peoples making prices go down have illimited coins.
For example, I have been watching gox charts for all day and there is a bot that ALWAYS sell to maintain the price at 261.23$
When I say 261.23$ it is not 261.22$ or anything under it, it is that EXACT price.

One buy order for 800BTC has lasted the whole day (more than 10 hours) at 261.21$ and as soon as the buy order was put at 261.3$ it got eat by the bot.
The bot has infinite coin ? What is the purpose of this bot ? Is it just a coincidence ? By now it has sold more than 30k coins during 13h.

I think there is definetly something weird with gox buy and sell orders.

Agree, there are always huge sell orders these days, seems like someone has infinite coins.
Anyone with a normal mind will not do like that.
If he is so sure that Gox will die then why not sell them one week ago at the price of $500, or $400?

That bot is a big problem.

Infinite coins and continually making the market going down to the latest lower value despite a lot of buy orders and pump...
Whereas the market clearly wants to go up...

How is it even possible ? >_<

At this rate it can go down to 200$ since people panic sell and help the bot break buy walls...
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Re: what if ....
by
laely
on 20/02/2014, 01:02:29 UTC
What about the current bot that continuously sell and eat every buy order > 261.23$ on the gox market since 18hours ?
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Board Service Discussion
Re: Why is MT. GOX selling at $300?
by
laely
on 20/02/2014, 00:21:21 UTC
Quote from: ZooKeeper74 on February 19, 2014, 10:37:50 PM
That bot you speak of laely, to me (not a big player in btc by any definition) proves Gox's hand in controlling the market/frauding the customers.   I know people who have a better grasp on this sort of thing should be able to differ market manipulations and legitimate business,but we've all seen the stepped/throttled charts before..
If it is really a gox bot and they are doing market manipulation, why continuing selling few hours before their thursday announce ?

They are hoping to make prices go even lower with their announce to buy back cheap later ?


Seriously, this is really scary to see the bot making the price going down back to 232.23$, buying all coins in between, everytime someone is trying to pump the price up or when just putting a buy order > 232.23$
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Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
laely
on 19/02/2014, 22:51:33 UTC
I have made a 1k€ SEPA withdrawal on 28 janv

I am still waiting
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Board Service Discussion
Re: Why is MT. GOX selling at $300?
by
laely
on 19/02/2014, 22:28:50 UTC
Am I the only one who does not understand the gox market at all ?

Despite BTC withdraw issues there is more chance to get coins out of gox rather than waiting for money withdrawal which may take at least 3 months considering how many people have withdrawn.
Because of that prices should not have dropped as much as what we currently see.
It should be around 80% BTC market price, not at 40%.


Moreover, and to explain that, I have the impression that peoples making prices go down have illimited coins.
For example, I have been watching gox charts for all day and there is a bot that ALWAYS sell to maintain the price at 261.23$
When I say 261.23$ it is not 261.22$ or anything under it, it is that EXACT price.

One buy order for 800BTC has lasted the whole day (more than 10 hours) at 261.21$ and as soon as the buy order was put at 261.3$ it got eat by the bot.
The bot has infinite coin ? What is the purpose of this bot ? Is it just a coincidence ? By now it has sold more than 30k coins during 13h.

I think there is definetly something weird with gox buy and sell orders.