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Bitcoin definitely under sustained price attack (self.Bitcoin)

bell2366 が 投稿

10,000 coins being dumped at a time always during weakest (least liquid) points of day. I wish these exchanges were regulated, it's like fucking wild west with those that have money able to attack those with less money.

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[–]gulfbitcoin [スコア非表示]  (0子コメント)

Price is up = REVOLUCION DE LA LUNA!!!!

Price is down = attack/manipulation

[–]Frogolocalypse [スコア非表示]  (1子コメント)

I wish the gamblers would just find another thing to gamble on... I don't care what happens over the space of a day, or a week.

RemindMe! One Year "This is what matters".

[–]vidhinirs [スコア非表示]  (0子コメント)

Fuck you, statist

[–]StoryBit [スコア非表示]  (0子コメント)

Whatever

[–]SoutHolland [スコア非表示]  (1子コメント)

Isn't the massive selling from the Australian government auction?

[–]bell2366[S] [スコア非表示]  (0子コメント)

You think the Australian government waits until moment of lowest liquidity to dump??? I wish they were that stupid, and that was the answer, but I seriously doubt it.

[–]Mithriarkredditor for 3 months [スコア非表示]  (1子コメント)

I'm actually hoping it drops further so I can buy more.

[–]bell2366[S] [スコア非表示]  (0子コメント)

Yep, i'm fortunately in that camp this time, I wasn't the last time we had a roller coaster and it sucked.

[–]IAMABitcoinAMA [スコア非表示]  (1子コメント)

10,000 coins being dumped at a time always during weakest (least liquid) points of day

...

those that have money able to attack those with less money.

It seems to me the only people who are losing money here are the people doing the dumping. How exactly are you being attacked?

[–]bell2366[S] [スコア非表示]  (0子コメント)

Really dumb assertion.

  1. They wouldn't be dumping if they were losing money doing it! Dead easy to make more money back than you lose, just by taking leveraged short positions elsewhere before you do the dump! This mechanism may also be getting used to launder dirty coins.

  2. I,we, the bitcoin community are being attacked in many ways when the price is attacked, it lowers the market cap of bitcoin and thus lowers it's usefulness for bigger tasks (such as settlement rails). But on a simpler level, anyone holding bitcoin on margin is literally have the value of their account raped by these criminals.