Price doubled at DGEX..
Looks to me someone is creating a lot of buy orders (small amounts) and has driven up the price this way.
looks like there's pretty big orders top to bottom of the buy book. And millions of nxt bought at market.
Probably someone created lots of small sell orders to drive up price, then bought up all the buy orders, then created new buy orders at the higher price. Someone tried this yesterday, but failed. It seems they have succeeded today.
That doesn't make sense. If the market support wasn't there to buy it up yesterday at 0.00035 to 0.00045 how could someone expect to buy all the orders to 0.000089 and figure the support to magically be there to buy up their orders at 0.000009 and higher?
Nonetheless, the Nxt were bought. Funny how people act. When its down it's natural market action. When its up its manipulation. I was selling below market price the last few days and people dilly dally, try to low ball, don't buy, then they cry when price goes back up again. it was 0.00001 not even a week ago.
I guess were in for a bunch more whining.
It could just be the same person buying nxt, again to increase the price. This is what happens when you have users with millions of nxt coins easily able to manipulate the market, increase the price, and then dump their coins. Of course, when normal users see the price increase, they are fast to grab it too, since they think it's never going to go back down again.
