mooncake
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September 30, 2014, 04:50:56 AM

Those who don't think manipulation occurs, here is a guide written by Wolong, the guy who originally pumped Dogecoin.

http://cryptofrenzy.files.wordpress.com/2014/02/god.pdf

Good read.

Before the read, I was wondering why huge ask walls appear at regular intervals after a huge dump. Why sell low when you can sell high?

After the read, I am aware that one possibility is the manipulators are at the Suppressing Prices stage. I don't know about this for sure but this offers a real and logical explanation.

After the Suppressing Prices stage, the following stages follow: (1) Test Pump, (2) Actual Pump, (3) Shakeouts, (4) Re-allocation and distribution, and (5) Exiting - The Dump.