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The question is, is he really buying? Or just saying he is, as an experiment to see the effect on the incredibly unstable bitcoin market?

yes, that is exactly what he is doing.

Aren't all transactions public? Would anyone like to look up and check to see if the transactions he's mentioned have actually happened?

http://www.bitcoinmonitor.com/ has a nice visualization of this data.

Quoth @maraksquires:

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Taking over bitcoin economy today. I'm buying coins at $10.00 flat USD - send coins to 1CNuFPYtXfCWtey2fCGHnS7sZVwURzahQH , PM me your info

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Whoever 17qopWGwjEqbAcafVYKSeJrSeQwZsNFcTU is, you owe me your info, I've got $2,000 sitting here waiting for you. :-\

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...but according to blockexplorer.com, [1] only received 165.03 BTC and [2] has never been seen on the network.

♬ Straight up trollin', MF-er ♬

Was wondering when someone would actually take the time to look up the facts. :-)