28 May '14, 7am

The reason why bitcoin price rose rapidly last year may be false trade:

The reason why bitcoin price rose rapidly last year may be false trade:

The website Willy Report draws a conclusion through trading data analysis :bitcoin rapidly rising price last year and increasing trading amount in Mt.Gox may source to false trade . Now more and more people start to suspect that bitcoin rapidly rising price last year and increasing trading amount in Mt.Gox may source to a cheat to some degree .In a detail ,a robot called Willy may buy 5~10trunk bitcoin in 5~10 minutes ,and the behavior may last for at least one month . Mt.Gox bitcoin price rose from 200 dollars on November to 1236dollars on December last year .So more and more analysts study its reasons :Does Chinese speculate or hype in trading places ?Or virtual currency drains to foreign countries because of the government resistance ? So Willy Report clarifies the suspicious robot trading activity in 2013. Secretive trader The author of the blog is also a trader .After...

Full article: https://bitcointalk.org/index.php?topic=628186.0

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