https://asia.nikkei.com/Markets/Capi...n-worth-of-NEM
could be the other $315m got laundered after this article.
https://asia.nikkei.com/Markets/Capi...n-worth-of-NEM
could be the other $315m got laundered after this article.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I hate to say this, but I think you're right.Originally Posted by tgull
I read the article a few days ago. All signs point to washing, where a group buys and sells their own bitcoins to keep the price up while they systematically pull coins out at inflated prices. That would be terribly illegal in a regulated market like stocks or bonds, but in an unregulated market you can do what you want. Crazy. It's a totally unnatural market, but people are generally enjoying it so I don't give a shit. If I were 15 years younger I'd definitely gamble on it. Just not worth it now at my age.
This is not some new buyer, it's just part of the shenanigans in manipulating the price.
I don't even believe it would be that hard to manipulate the bitcoin market, given enough funds.
Take a highly influential exchange like bitstamp, put in buy orders at rapidly escalating prices, then wait for the other exchanges to follow (which they always do), and then you can even back off while it naturally rises due to exuberance. Then when it stagnates, you can do it again. Then you can quickly sell at the inflated prices, wait for it to crash, and buy back in.
Not at all difficult to believe this is happening.
Bitfinix is doing some shady Mt Gox type shit IMO.
This stuff happens in regulated and unregulated markets. Druff is the last person that should be giving his opinion on anything related to Bitcoin. He has a 100% track record for being wrong.Bitfinix is doing some shady Mt Gox type shit IMO.
Beat me to it.
The market will be regulated and it's not going anywhere.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
hey big dick remember when druff deleted ur super embarrassing posts like a month ago i mean i guess he did it cuz you would look suuuuuuuuuper dumb
todge u really are a mensch to these toddlers
just post terrible for yes you remember
I was drunk douchebag but yeah I'm happy he deleted them
that was a joke kid we all know terrible is literally all u know but thank you for ur service
heres the deal for those who werent there for ur meltdown can u give the 48 year old members of todgers website a breakdown of what happened
you come to the bitcoin thread and don't talk about bitcoin or anything bitcoin related You lonely? @ least that homo tgull talks about bitcoin as he trolls
lul i posted my coin +- at skatz 3 months ago but next up is u
BE LESS WORSE
gonna have to report you to the mod
its funny because he says whats in the box is the price of security but coincidentally its also the value of bitcoin:
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
TODGE STOP THE WEBSITE I JUST SAW J MCMILLAN
oh marrone its 4 minutes tybasedspeygod
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