Bitcoin Forum

Economy => Speculation => Topic started by: bitcoinsrus on April 06, 2014, 07:24:44 PM



Title: What's up with these 5 dollar bid/ask orders on bitstamp?
Post by: bitcoinsrus on April 06, 2014, 07:24:44 PM
Someone pointed this out last week and it continues.  Check bitstamp.  I notice large 5 dollar bid/ask orders.  Is it a bot or something?  What does this mean and will it affect anything?


Title: Re: What's up with these 5 dollar bid/ask orders on bitstamp?
Post by: Pruden on April 06, 2014, 07:29:20 PM
Do you mean several ~0.01 BTC sells (sometimes buys) in quick succession for minutes? It looks to me like tape-painting to induce panic. Last week it seemed to be extremely useful.