\
  Where your hard-earned money comes to die. Home.
BackRefresh Options Favorite

These markets are terrifyingly manipulated

I've been following BTC's price action over the past 6 weeks...
peach scourge upon the earth
  04/21/18
agreed
galvanic ebony boiling water stock car
  04/22/18
you only now realized this? this is why i’ve always been so ...
lavender ceo milk
  05/02/18
The fundamentals are strong
fishy razzle church generalized bond
  04/21/18
...
slippery church building
  04/21/18
What are you saying? 50/50 we see another crash into the $6k...
Sickened gas station
  04/21/18
No, I am saying it will go wherever 5-10 entities want it to...
peach scourge upon the earth
  04/21/18
I've been saying this for a long time: whale pumps and dumps...
slippery church building
  04/21/18
koreans are a stronger force than any whale koreans go ba...
Talented gay wizard knife
  04/22/18
Bloody terrifying
Drunken Legend
  04/22/18
...
spectacular juggernaut place of business
  05/02/18
Yes, what's weird is that ETH and BTC move in tandem by the ...
comical indigo plaza water buffalo
  04/22/18
What's on the chart? Bubbles scaled to order size?
sexy marketing idea field
  04/22/18


Poast new message in this thread



Reply Favorite

Date: April 21st, 2018 10:01 AM
Author: peach scourge upon the earth

I've been following BTC's price action over the past 6 weeks to time my entry into a couple of juicy alts.

It was basically tanking until some entity or entities propped it up in the $6k range. Then those same entities strategically pushed it up over various prices in order to "break" certain resistance levels that are important to technical traders (i.e., make everyone think that a bull market had returned).

You can see on this image from yesterday's surge that one or a couple of entities just start ripping through the order book to push the price above a certain target. Each green circle is a 20 BTC or more buy.

http://i.imgur.com/r2G6xjd.png

It could either be some holders with long positions, or even an exchange(s) hoping to get more volume back.

I don't hold any BTC, but LOL at people "investing" or trying to trade it when it is completely at the whims of a few market makers.



(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35887603)



Reply Favorite

Date: April 22nd, 2018 3:58 AM
Author: galvanic ebony boiling water stock car

agreed

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892816)



Reply Favorite

Date: May 2nd, 2018 10:01 AM
Author: lavender ceo milk

you only now realized this? this is why i’ve always been so disrespectful of technical analysis people or people that have retarded explanations for incremental price movements. the markets are unregulated and still thin as fuck - the prices moved wherever certain people want

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35965132)



Reply Favorite

Date: April 21st, 2018 8:45 PM
Author: fishy razzle church generalized bond

The fundamentals are strong

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890926)



Reply Favorite

Date: April 21st, 2018 9:30 PM
Author: slippery church building



(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891183)



Reply Favorite

Date: April 21st, 2018 8:48 PM
Author: Sickened gas station

What are you saying? 50/50 we see another crash into the $6k range?

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890945)



Reply Favorite

Date: April 21st, 2018 9:15 PM
Author: peach scourge upon the earth

No, I am saying it will go wherever 5-10 entities want it to go. There are no fundamentals at the moment

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891088)



Reply Favorite

Date: April 21st, 2018 9:29 PM
Author: slippery church building

I've been saying this for a long time: whale pumps and dumps drive the price and you can see them happen if you watch the 1H price tracker on coinbase

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891176)



Reply Favorite

Date: April 22nd, 2018 3:47 AM
Author: Talented gay wizard knife

koreans are a stronger force than any whale

koreans go batshit = market moon (especially shitcoins)

koreans panic = market tanks (especially shitcoins)

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892802)



Reply Favorite

Date: April 22nd, 2018 12:10 PM
Author: Drunken Legend

Bloody terrifying

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893757)



Reply Favorite

Date: May 2nd, 2018 5:28 AM
Author: spectacular juggernaut place of business



(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35964503)



Reply Favorite

Date: April 22nd, 2018 12:25 PM
Author: comical indigo plaza water buffalo

Yes, what's weird is that ETH and BTC move in tandem by the second - so obviously a few large whales are manipulating both at once.

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893837)



Reply Favorite

Date: April 22nd, 2018 1:31 PM
Author: sexy marketing idea field

What's on the chart? Bubbles scaled to order size?

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35894206)