Quote from: hadrian on November 05, 2015, 11:35:26 pm

If the following were told to me:

• Crazy manipulation by (an organized gang of?) traders on Poloniex is leaching value from BitShares, hurting the whole project
• There is a person or a body of people, trusted by the BitShares community, with the ability to fight back on Poloniex for the benefit BitShares
• This trusted entity has a trading plan which has been 'audited' to the satisfaction of the community. (Analyzed behind closed doors by a select few if necessary)
• The plan is risky and could backfire, but there is a good chance of success
• The amount of BTS needed to operate the plan is great
• The amount of BTS needed could be pooled by creating a User Issued Asset and selling it to BitShares supporters (or to people who want to speculate, anticipating a cut of any profit)
• There are loads of people on bitsharestalk who have stated that they'd like to allocate a proportion of their BTS into buying this UIA

then I would say, "Oh, I'm definitely interested in buying a chunk of such a UIA, but I know nothing about trading and would like to see what others think of this idea on bitsharestalk".

That is all...

LOL.  Now there is an idea.   If being a whale was so profitable then I am sure you would see funds set up doing just this!   The fact that there are no funds like this out there tells me all I need to know about the effectiveness of being a whale and manipulating the price for profit.

There isn't enough money to be made for mainstream funds.  A couple hundred thousand dollars is small to them.  I am sure that if there were millions to be made...they would be here.

That might have worked if they had done it a few days ago.
Now its too late, shorts got to cover at a profit and longs got rekt.

it could.....shorters closing their position would boost the market so if it starts going up, it's a race to profit.

What's the status for Cagara at this point?

he got banned from Poloniex chat for announcing his next move on ETH. 

Poloniex is a bit two-faced on this, prohibiting any discussion, but implicitly allowing the actual P&Ds.