derpinheimer
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September 02, 2013, 06:55:50 AM

This whole rally from $100 is pure manipulation
May be manipulated higher for sure, but on this volume, with no obvious new money, when the rug is pulled it will fall far and fast

So what? There are no bailouts in this market. The "manipulators" are risking real (well fiat LOL) and large amounts of money. In this market they can lose just like everyone else, and they stand to lose a lot if the market goes against them.

Did you think they can do whatever they want without the possibility of a bigger fish (or an entire school of minnows) gulping them up?

+1. Exactly this. I don't see anything bad about "manipulation" if the manipulators have to suffer the consequences of their actions.
Well, thats where it gets iffy. A large enough whale can drive the market wherever it wants. It doesnt have the same risk a smaller trader has.