Quote from: matt608 on September 19, 2014, 08:18:02 pm

If the Willy report is true, which is not clear to me, then the last 2 bubbles where fuelled in part by fake demand.  If you look at the long term log chat, there was an increase in the rate of price increase during the last two bubbles, which could have been caused by Willy if it was really happening.  Therefore if the Willy report was true, then we could correct down to the rate of increase that was present before the bubbles, which would put the current bitcoin price at around $200, and the price may not recover quickly. 

If the Willy report isn't true then bitcoin is dead cheap and I'm long term bullish.

My guess is that Willy isn't true.  After all wouldn't something like that have been discovered by law enforcement and have been confirmed?  In which case there are many possible explanations for the current 'dip/crash' (Alibaba, ethereum cash out, traders giving up on bubble hopes, manipulation, simply not enough buyers, merchant sales) , but I am prepared for further downward movement just in case.  I bought my first BTSX today.  I'm still learning about it but it looks promising so far.

Hey Matt,

I didn't know you were around here in Bitsharesland.. Hi! 

I guess I'm living under a rock.. I've never heard of the Willy report.

Hey coinhoarder, I bought my first BTSX today.  Did you ever go ahead with the LTC farm?

Willy report alleges that on Mtgox there were bots that bought 650,000BTC with fake dollars:
http://www.reddit.com/r/Bitcoin/comments/26g46e/the_willy_report_proof_of_massive_fraudulent/

It's either the most advanced FUD I've seen or pretty damming info, though some seem to argue that it somehow didn't have much impact.

On bitcoin markets I'm asking about it and getting a bunch of mixed replies:
http://www.reddit.com/r/BitcoinMarkets/comments/2gv09g/daily_discussion_friday_september_19_2014_part_2/ckn2gl6

If the Willy report is true, which is not clear to me, then the last 2 bubbles where fuelled in part by fake demand.  If you look at the long term log chat, there was an increase in the rate of price increase during the last two bubbles, which could have been caused by Willy if it was really happening.  Therefore if the Willy report was true, then we could correct down to the rate of increase that was present before the bubbles, which would put the current bitcoin price at around $200, and the price may not recover quickly. 

If the Willy report isn't true then bitcoin is dead cheap and I'm long term bullish.

My guess is that Willy isn't true.  After all wouldn't something like that have been discovered by law enforcement and have been confirmed?  In which case there are many possible explanations for the current 'dip/crash' (Alibaba, ethereum cash out, traders giving up on bubble hopes, manipulation, simply not enough buyers, merchant sales) , but I am prepared for further downward movement just in case.  I bought my first BTSX today.  I'm still learning about it but it looks promising so far.

bitUSD should definitely go on coinmarketcap, whether it goes on the main currencies page or in the assets section doesn't really matter.  I made a request.