mtgoxlive looks like a lie detector of someone having a heart attack.
Has anything coming out of Mt.Gox in the last few weeks NOT been total bullshit?
I loled hard
Look, I've got a possible theory .
Here's a summary from my other posts.
From the huge cancel orders as seen on
http://bitcoinity.org/markets?exchange=all, there's no doubt some big bots are doing the job.
Now in order to drive the price down, they need a selling bot to chase the bids they keep moving down from the ticker.
Such a bot might be MtGox selling transaction fees at market price (that seems a reasonable practice to me)
The following rally is just the opposite manipulation, though you don't need a failing bot to get the market rally up.
The big sinusoids correspond to free market period when the big player releases his covers. The rest is a battle of bots
