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Title: Strange trades on Okcoin.com - someone's trying to scare us :) Post by: bjornw on December 05, 2013, 08:12:03 PM Hi all,
Anyone notice these kind of trades on okcoin.com? Or maybe it happens on all the exchanges all the time :) Seems someone is trying to make some red candles by placing very small order at ridiculous prices.... Would there be traders who'll get spooked by these and start selling? http://i40.tinypic.com/2jy7fk.png Title: Re: Strange trades on Okcoin.com - someone's trying to scare us :) Post by: Lethn on December 05, 2013, 08:20:43 PM I've seen that stuff all the time, yeah it's definitely manipulation attempts, sometimes it's real where the seller is trying to force down the price to buy up even more cheap but sometimes it's to trick panicky noobs trading with too much money, I'm currently watching Worldcoin and you see it happening there sometimes and they're trying to force everything down so they can have an easier time.
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