Same thing that happened on August 2014.



Market maker or other any other major player dumps a big quantity of coins that wipes out an important portion of the whole orderbook which causes a margin cascade of longs closing. Considering that BTC-E is illiquid, this is highly profitable if he has shorts opened that he will soon close/already closed or longs/coins orders at around $150.

Being a shady as hell exchange I wouldn't be surprised if somebody from BTC-E is somewhat responsible himself, having insider info on where all the stops are placed and margin calls would be triggered.

Stop hunts and shenanigans happen in forex everyday, can't see how a shitty anon exchange for magic internet money would be any different.






This, or an Agora drug dealer or admin dumping because he wanted to buy a boat or something.
Still, the results (margin cascade) are the same.

why would that create more volatility? if anything market makers decrease it by providing additional liquidity.

Isn't this pretty much insider trading?

2.26. We intend to engage one or more market makers (each, an “MM”), which may also be affiliated with us, to act as liquidity providers on the Exchange. You understand and agree that we may provide information concerning bids and offers provided by you and other participants on the Exchange to such MMs prior to posting such bids and offers to the Exchange. The MMs will have the opportunity, but not the obligation, to accept and fill such bids and offers prior to the other participants on the Exchange (including you) and, as a result, such bids may be matched at higher prices and such offers may be matched at lower prices than they otherwise would have been had they been routed directly to the Exchange.

Are charts ok?
What if I said we are looking at another year of bear?  <- that's nervous laughing not happiness.
http://i.imgur.com/fAt3XlZ.png

This is just something I was working on last night. There is no real confirmation of this idea yet, but recent price action suggests this as a real possibility.
One thing to note, the final zigzag down is not a measured move so that double digit bottom is not for prediction's sake. It is just to show direction and possible duration if this were to come to fruition.

i made something in log(logarithmic) scale so some of you can think/ponder about it and other to flame about it



info to read if you need to http://www.investopedia.com/terms/f/fibonacciretracement.asp


have a nice day

So you would base a 65% decline in price on a single candlestick?

That's awkward

I'm covering my ears like a kid
When your words mean nothing, I go la la la
I'm turning off the volume when you speak
Cause if my heart can't stop it,
I find a way to block it I go
La la la la la...
La la la la la...
I find a way to block it I go
La la la la la...
La la la la la...
I find a way to block it, oh
La la la la la...
La la la la la...
I've found a way to block it I go
La la la la la...
La la la la la...