Bitcoin Forum

Economy => Speculation => Topic started by: StonksStonksStonks on July 21, 2020, 06:38:03 PM



Title: Spoofy on coinbase now?
Post by: StonksStonksStonks on July 21, 2020, 06:38:03 PM
screenshot: https://i.imgur.com/Tm1DCjk.png


Title: Re: Spoofy on coinbase now?
Post by: buwaytress on July 21, 2020, 07:53:29 PM
Can you believe that's actually the first time I've seen Coinbase's orderbook? (Can't use it from mah jurisdiction).

I recall talking about Spoofy on your earlier thread and I've always been wondering about where he/she/they went. Going to need to see a lot more of this though to even compete with what Spoofy used to do! How long did that $1m large orders last? And are they still repeating?


Title: Re: Spoofy on coinbase now?
Post by: exstasie on July 21, 2020, 10:13:28 PM
screenshot: https://i.imgur.com/Tm1DCjk.png

Next time, screenshot the whole page (including market fills) so we can see whether the order is getting filled.

Not only is a 100 BTC wall not very big, but it was placed literally at the spread. Looks like a buyer that wants to be filled, which is the opposite of spoofing.


Title: Re: Spoofy on coinbase now?
Post by: Lanatsa on July 21, 2020, 11:56:21 PM
screenshot: https://i.imgur.com/Tm1DCjk.png

Next time, screenshot the whole page (including market fills) so we can see whether the order is getting filled.

Not only is a 100 BTC wall not very big, but it was placed literally at the spread. Looks like a buyer that wants to be filled, which is the opposite of spoofing.

Such reactions for people that havent seen 100BTC neither if its a wall or just an order that been trying to get filled.Its just like that..

Take up for some time on different platforms and these kind of scenario isnt really a rare thing to happen.

I agree that in next time, the screenshot should be at least big and would able to show specific details that we do like to see to give out
more detailed insight out of it.


Title: Re: Spoofy on coinbase now?
Post by: jackg on July 22, 2020, 06:23:06 PM
Next time, screenshot the whole page (including market fills) so we can see whether the order is getting filled.

Would it be possible that way to work out how big their order actually was (or would that require an api call)?



Dunno if it is fairly legit or not since it could've been placed a few $ away from the price when it was created (with a potential long elsewhere if they were trying to make a profit from it)... Though I'm not sure that would come down as spoofing or not - could've just been a standard usage.


Title: Re: Spoofy on coinbase now?
Post by: exstasie on July 23, 2020, 10:17:53 AM
Next time, screenshot the whole page (including market fills) so we can see whether the order is getting filled.

Would it be possible that way to work out how big their order actually was (or would that require an api call)?

Roughly. Can't say for sure since there could have been multiple traders with orders at that price.

Dunno if it is fairly legit or not since it could've been placed a few $ away from the price when it was created (with a potential long elsewhere if they were trying to make a profit from it)... Though I'm not sure that would come down as spoofing or not - could've just been a standard usage.

A spoofer generally pulls their order when the spread gets close, and especially if their order gets nibbled on. If it was intended as manipulation, the fact that the order was at the top of the bid spread tells me they are an amateur placing orders manually.

Spoofy was definitely run on an algorithm.