919900+ entries in 0.664s
ThickAsThieves: blockchain.info was hit with ddos
to
their servers
that are supposed
to be hidden by cloudlfare
sturles: Cloudflare error messages from
the MtGox API isn't a good sign. DDoS again? Prepare for impact?
Sinbios: [08:40:04] <Sinbios> just be prepared
that it might disappear at any
time and act accordingly
ThickAsThieves: but i dont
think
they are
that dumb
to be
that obvious
ThickAsThieves: i guess some hard advice can be made from
this
theory, if you see
those walls at 80 and 70 disappear, watch out
Sinbios: good
thing i don't have
to deal with it
Sinbios: like i said, it's 100% manipulation. it's
the nature of
this market, deal with it or go home
ThickAsThieves: if i am right, i
think
the only possible outcome is a big crash when
the manipulator gets
to
the point where he barely has enoush coins
to control a crash
orkaa: i've got
to find
this
ThickAsThieves: and
then have
them be so convinced
they actually react
ThickAsThieves: yes,
the person must be a functional member of
the economy
gribble: BTCUSD
ticker | Best bid: 92.60000, Best ask: 92.60001, Bid-ask spread: 0.00001, Last
trade: 92.60000, 24 hour volume: 258868.97500742, 24 hour low: 83.00000, 24 hour high: 98.77799, 24 hour vwap: 90.79159
ThickAsThieves: i have done
this kind of
thing with stocks on bitfunder
Scrat: in fact im always
trolling
troc: share more
thoughts or evidence ?
ThickAsThieves: ive been
talking about
this with others for a couple days now
Sinbios: i'm guessing most people are going with
the latter, which might be why you don't get any replies when you ask if you're crazy
Sinbios: i mean stop caring
that it might be manipulation, because it is 100% manipulation
Sinbios: because it's pointless speculating and you're just going
to whip yourself into an anxious frenzy
Sinbios: just be prepared
that it might disappear at any
time and act accordingly
Sinbios: ThickAsThieves: who cares? maybe it's some guy with deep pockets who
thinks it's actually worth 70 and now 80 a coin
Scrat: I have a
theory xenu might be buying btc, so yes
Sinbios: god's not falsifiable either, are you speculating it's god keeping
the price up
ThickAsThieves: dont you remember how 2 days ago we were at about 70,
then a 15k wall appeared?
Scrat: if
the latter is
true we're in deep shit
Sinbios: who said it's
the exchange?
Scrat: whale vs.
the exchange
themselves
Scrat: Sinbios:
there's a big difference
ThickAsThieves: there is no reason other
than manip,
to make bid walls
that big
ThickAsThieves: but cmon you guys have
to see
that
this price is constructed
Scrat: only
top management would know
ThickAsThieves: they can simply play with whatever
the average balance is
Scrat: they can change a value in
the database
Scrat: if it's gox
they dont even need
to hold anything
ThickAsThieves: they know exactly how many coins are needed
to crash it
to any price
Sinbios: i don't understand what you're
trying
to say. what crash coins?
Scrat: how do you prove
that an exchange is manipulating
the price, provided
that
they are doing it right
Sinbios: ThickAsThieves: ...then what incentive does
that person have
to hold
the price up instead of just letting it fall
to $0.01 and buy it up
then
ThickAsThieves: maybe
they are using all
the fees you pay
them
to control price
Scrat: would
take a lot of balls
to have 10million on gox
gribble: There are currently 189923.91 bitcoins demanded at or over 50.0 USD, worth 12726343.8662 USD in
total. | Data vintage: 0.0065 seconds
ThickAsThieves: is
that he doesnt have enough coins
to crash it at a higher price
taub: i dont really like
to
think about
that future where fiat breaks down, dont
think it will be non violent
taub: you dont need bitcoin
to kill fiat, fiat will kill itself
the way it's going
taub: and i dont
think fiat currencies can live forever when all central banks are printing money like crazy
ThickAsThieves: what i
think is
that someone is manipulating, making up a large % of bid book,
taub: market has been kinda shaking, especially
this week
deadweasel: truffles: i agree, we see
the internal rot, but nationstates power will remain in our lifetimes.
Scrat: truffles: you'd be surprised at how fast
things move nowadays
ThickAsThieves: this manipulator WILL spend
these dollars, and it WON'T be at
these prices he constructed
ThickAsThieves: for 2 or 3 days, someone has been constructing
this price, yet not letting it break
the overall downward
trend
Chaang-Noi: yes
the bid walls can give up waiting and buy, but we were just at $50, why but now?
taub: and even most of europeans
trade it in usd i
think
Chaang-Noi: the volume is mostly in usd, but
the euro market and even yuan market will drag
the dollar price around
taub: it's just
that
the biggest market is in dollars
taub: you can also buy
them with euros
truffles
Sinbios: if
those disappear for whatever reason 50 isn't out of reach
Sinbios: there are only
two big bid orders, one at 80 and one at 70
ThickAsThieves: but why is
that buyer propping price up, rather
than buying?