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Title: LOL 20$ UP IN TEN SECONDS ? Post by: awakening on April 25, 2013, 08:38:32 PM Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: arepo on April 25, 2013, 08:41:09 PM i caught that too...
http://s15.postimg.org/5k3t25h8b/volatility.png ask side was sooooo thin.. and some panic buying with ridiculous slippage Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: antimattercrusader on April 25, 2013, 08:41:45 PM People need to learn to chill the hell out. Jesus.
Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: ElectricMucus on April 25, 2013, 08:42:38 PM And back down again.
I can't really understand why anybody would be doing this, we saw the same exact thing at 150. Should have just entered the order halfway between where it ended up and it would be more successful at bringing the price back up. Plus it would have only half the slippage. Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: Zaih on April 25, 2013, 08:42:46 PM Whoever did that is doing something right.. I think
Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: altoz on April 25, 2013, 08:43:00 PM the wall at 120 went down significantly at the same time. my guess is that most of it went to buy up everything it could through a market order.
Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: antimattercrusader on April 25, 2013, 08:43:44 PM Lag is a bitch, guys.
Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: TTBit on April 25, 2013, 08:44:11 PM And back down again. I can't really understand why anybody would be doing this, we saw the same exact thing at 150. Should have just entered the order halfway between where it ended up and it would be more successful at bringing the price back up. Well, with 2-3 minutes of lag, where do you put the price? Probably just a market order Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: antimattercrusader on April 25, 2013, 08:45:08 PM And back down again. I can't really understand why anybody would be doing this, we saw the same exact thing at 150. Should have just entered the order halfway between where it ended up and it would be more successful at bringing the price back up. Well, with 2-3 minutes of lag, where do you put the price? Probably just a market order +1. Why would anyone put a market order into a decreasing market with lag? Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: arepo on April 25, 2013, 08:48:04 PM People need to learn to chill the hell out. Jesus. lol it's really just this. at the end of the day, it's just this. so much stupid is done by traders playing with hot heads. Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: YoYa on April 25, 2013, 08:50:54 PM It's also throwing buy orders in to the fresh space cleared in the ask wall after the drop. Some ill timed, some opportunistic, some dumb, some panic.
Life as normal, if you're trading anything under the hour you're either HFT or looking to throw your money/coin away... Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: notme on April 25, 2013, 09:22:10 PM It's also throwing buy orders in to the fresh space cleared in the ask wall after the drop. Some ill timed, some opportunistic, some dumb, some panic. Life as normal, if you're trading anything under the hour you're either HFT or looking to throw your money/coin away... My bot wakes up once a minute to check if its orders have been hit... Does that count as HFT? Title: Re: LOL 20$ UP IN TEN SECONDS ? Post by: seleme on April 25, 2013, 09:23:55 PM that sucker came 10 seconds too early for seleme to make few hundreds in 2 minutes, I hope he'll lose 10k in his next trade :)
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