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Title: Doing all they can to hold it above $200..... Post by: Manticore on April 10, 2013, 05:45:30 PM The usual small systematic bot fills (0.02 BTC) much higher than previous trades to keep the bid/ask up and stem the panic sell-off.
17:39:58 200.00000 2.0000 17:39:57 200.00000 1.7034 17:39:55 200.00000 0.9400 17:39:50 200.00000 0.1798 17:39:32 207.10440 0.0100 17:39:30 200.00000 0.2822 17:39:29 207.10440 0.0100 17:39:28 200.00000 155.5402 17:39:28 205.00000 5.0000 17:39:21 200.00000 5.2321 17:39:10 200.00000 9.9400 17:39:09 200.00000 778.5880 17:39:07 210.00000 0.0200 17:39:07 210.00000 0.0200 17:39:07 210.00000 0.0200 17:39:06 210.00000 0.0200 17:39:01 210.00000 0.0200 17:39:00 210.00000 0.0200 17:38:56 210.00000 0.0200 17:38:56 210.00000 0.0200 17:38:54 210.00000 0.0200 17:38:53 210.00000 0.0200 17:38:51 210.00000 0.0200 17:38:46 210.00000 0.0200 17:38:45 210.00000 0.0200 17:38:44 210.00000 0.0200 17:38:42 210.00000 0.0200 17:38:41 200.00000 35.0000 17:38:39 210.00000 0.0200 17:38:38 210.00000 0.0200 17:38:38 210.00000 0.0200 17:38:34 210.00000 0.0200 17:38:30 200.00000 12.0000 17:38:27 200.00000 74.8098 17:38:26 200.10000 0.0100 17:38:19 201.10000 0.0100 Title: Re: Doing all they can to hold it above $200..... Post by: superside on April 10, 2013, 05:48:36 PM so these micro transactions are actually effecting the over all price?
Title: Re: Doing all they can to hold it above $200..... Post by: wopwop on April 10, 2013, 05:50:51 PM BUY
cheap coins Title: Re: Doing all they can to hold it above $200..... Post by: Manticore on April 10, 2013, 05:58:36 PM so these micro transactions are actually effecting the over all price? This always happens during a sell-off and at key support levels. You'll see lopsided trades (large blocks selling & tiny buys) that keep the bid/ask up long enough for the panic sell to stop.....then the price jumps right back up to the higher bid/ask (that is supported by minuscule trades). With this kind of volume, the bid/ask should be following the trades lower. Title: Re: Doing all they can to hold it above $200..... Post by: masize on April 10, 2013, 10:44:45 PM so these micro transactions are actually effecting the over all price? This always happens during a sell-off and at key support levels. You'll see lopsided trades (large blocks selling & tiny buys) that keep the bid/ask up long enough for the panic sell to stop.....then the price jumps right back up to the higher bid/ask (that is supported by minuscule trades). With this kind of volume, the bid/ask should be following the trades lower. But, how do these little transaction affect the price? Say I create a SELL order for 1000BTC at USD 200 The bot must make 50000 little orders to bypass my order and make the price down. Actually, whats the difference in making thousands of little transactions instead of one? Title: Re: Doing all they can to hold it above $200..... Post by: Manticore on April 10, 2013, 10:58:52 PM so these micro transactions are actually effecting the over all price? This always happens during a sell-off and at key support levels. You'll see lopsided trades (large blocks selling & tiny buys) that keep the bid/ask up long enough for the panic sell to stop.....then the price jumps right back up to the higher bid/ask (that is supported by minuscule trades). With this kind of volume, the bid/ask should be following the trades lower. But, how do these little transaction affect the price? Say I create a SELL order for 1000BTC at USD 200 The bot must make 50000 little orders to bypass my order and make the price down. Actually, whats the difference in making thousands of little transactions instead of one? They shouldn't affect the price at all......but the ask always stays inflated at the levels of these tiny trades when Gox lags . And we always bounce right back up to the high ask (well, except for today) even though there are hardly any trades at that level. It's strange. I don't understand why bid/ask don't follow the price lower..... |