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321  Economy / Service Discussion / Re: [BEWARE]ClarkMoody - Heavy volume manipulation. on: November 14, 2013, 01:15:31 PM
Well thanks for that input, I tried it in a sandbox behind a VPN and then it showed correctly.

I'm not sure how many more people are hit by this bug. I'm using google Chrome on this PC, but on the sandbox as well. It seems like a specific issue at my end then.
322  Economy / Service Discussion / Re: [BEWARE]ClarkMoody - Heavy volume manipulation. on: November 14, 2013, 12:48:53 PM

Have you considered that the other site could be reporting wrong values ? Have you considered that both are wrong, the volume is not 1000 neither 200 for that period ?

Clarkmoody also reports every trade happening 6 times, so I'm pretty damn sure that it's Clarkmoody that's manipulating this. Incoming another pic:



The wall that disappeared with those trades was an 84 BTC one.

Their orderbook is fishy as well. Below a certain treshold, the volumes seem to be multiplied as well if you group them by for instance 1 USD: There is an order flashing at 432.68127 of 222.6118 BTC. If you watch the regular orderbook, you'll see this order flashing and flashing, totalling the BTC til that point to 500-ish BTC. If you then watch the orderbook grouped to 1 USD groups, the 200 BTC flashing causes the total to be ramped tup to 1600 BTC instead of 500-ish.

Anyway, lots of fishiness going on at ClarkMoody and I'd say it's safe to say that the information on clarkmoody is (intentionally or not) compromized. China followed MtGox movements, BTC-e did, and seeing the true value is not as high this might be partly because of clarkmoody reporting false figures.
323  Economy / Service Discussion / [BUG]ClarkMoody - user-side possible bug occurence. on: November 14, 2013, 12:27:40 PM
ClarkMoody is manipulating (by accident or on purpose, doesn't matter) the volume figures by a factor of SIX.

It seems to be a user-side bug. I'm not sure how many people are hit by it. If you're seeing multiple orders passing by in the orderbook, know that something is amiss and any volume figures you're seeing are not real.

I compared the figures reported by Clarkmoody to bitcoinwisdom after smelling bullshit, and well there we go:


Large version: https://i.imgur.com/YqUmVVN.png

As I know, Clarkmoody is a highly popular live MtGox Price monitor used by many many people. BTC-e seems to go absolutely crazy for MtGox still, while their volume is actually really really low. MtGox traders may be easily influenced as well. Bitstamp seems to react with 100's to 1000's of BTC to any move on clarkmoody.

ClarkMoody just reported two buy frenzies of >1000 BTC, while the actual volume was merely 200 BTC.

I would say this is a rather big an issue, and it should be stickied. for that reason. Also maybe delisted from the list of useful sites for speculators.



Sorry for crossposting this across multiple forums, but traders should be aware of this issue.
324  Economy / Speculation / [BUG] Speculators using ClarkMoody on: November 14, 2013, 12:25:15 PM
ClarkMoody is manipulating (by accident or on purpose, doesn't matter) the volume figures by a factor of SIX.

It seems to be a user-side bug. I'm not sure how many people are hit by it. If you're seeing multiple orders passing by in the orderbook, know that something is amiss and any volume figures you're seeing are not real.

I compared the figures reported by Clarkmoody to bitcoinwisdom after smelling bullshit, and well there we go:


Large version: https://i.imgur.com/YqUmVVN.png


To me, clarkMoody just reported two buy frenzies of >1000 BTC, while the actual volume was merely 200 BTC.

325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2013, 08:27:55 PM
My rule for buying back in after a bubble pop: Wait for it to stabilize. Not going to buy in mass panic/mania swings.
326  Economy / Speculation / Re: Bear is trapped on: November 10, 2013, 01:42:44 PM

Boxman90, this is the internet. You don't win penis points by calling bullshit on a random trader's claim based on your personal perception that they are "whiny." STFU already  Roll Eyes

People do make winning trades in bitcoin and people do make money off of butthurt bears. Get over it already. If the possibility gets your panties all up in a bunch, the least you can do is sulk about it in private rather than accusing other posters of making it all up because of their "whininess" (btw hardly a logical claim - whininess = lying liarface? Or even bragging = lying liarface? Spock would frown. FROWN. And yes you cannot "miss the boat" by not selling.)

Haha, you don't win that many penis points by telling others to STFU on the internet and making sketchy Star Trek references either. Cheesy
327  Economy / Speculation / Re: Bear is trapped on: November 10, 2013, 12:58:20 PM
^ Nope, don't think so. You sound like the typical whiny "missed-the-boat" person. People who genuinely made 200 btc have no need to brag about that on a forum. I bet you bought somewhere in the 360's.

At first, missing boat == NOT BUYING bitcoins and waiting for "<$200" forever. You cannot miss the boat NOT SELLING, which is more likely missing local bus that circulates every hour.

If you check my previous posts, you will see at what prices I've bought and you will see that I predicted a trap. Last time i bought at $355 which is pretty fair.
When I suspected that bear trap may happen, and I even sold a small part of my coins (which is very unusual for me as I'm not speculator). I knew it was risky move but I got rewarded with +200BTC.


Riiiight. To make 200 BTC you'd have to have sold about 1000 at 350 and bought back right at 280. You can't realistically offload 1000BTC at decent prices during a panic drop. I'm calling bullshit, mate.
328  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin LTC China connection on: November 10, 2013, 11:02:48 AM
There is no reason for BTCChina to accept litecoin atm.

If anything, there is a clear reason why NOT to accept litecoin - arbitrage.

BTCChina has been having the highest price of all exchanges, due to economical cut-off with Europe/USA. Add litecoin, and you're creating a massive arbitrage possibility, and prices on BTCChina will plummet to match those in Europe/USA, with the added possibility of market share.

For the same reason, Gox doesn't add LTC now, as the only thing it has going for it now is the 30USD premium. Add litecoin, and arbitrage will match the BTC price to BTC-e/Bitstamp, followed by MtGox users withdrawing their funds in BTC asap and withdrawing in USD elsewhere, without loss of premium.

It makes no sense for either of the big exchanges to add LTC now.
329  Economy / Speculation / Re: Bear is trapped on: November 10, 2013, 10:09:32 AM
Another bear is getting trapped.
I hope, guys, you got your lucky coins at $260..

P.S. thanks bears, now I have 200 more BTC Wink

^ Nope, don't think so. You sound like the typical whiny "missed-the-boat" person. People who genuinely made 200 btc have no need to brag about that on a forum. I bet you bought somewhere in the 360's.
330  Economy / Service Discussion / Re: Uh oh, btcchina.com is down. on: November 10, 2013, 02:34:30 AM
Better sell it all into oblivion.

edit; down here too, fwiw.
331  Economy / Speculation / Re: Difference in exchange prices on: November 09, 2013, 05:57:16 PM
@theonewhowaskazu, you're clearly not trading or highly inexperienced. 9 out of 10 times if a giant wall gets eaten, the price spikes up heavily afterwards due to buying momentum (sure, it comes down afterwards, but it shoots the hell up first). Aka people 'panic buying'. Herd mentality. Why am I even explaining this? It's common sense. If you can fake upwards momentum, people will follow.

I saw it today with the 1000BTC wall in bitstamp, and we have seen it a few days back with the 6K Gox wall.

332  Economy / Speculation / Re: Difference in exchange prices on: November 09, 2013, 05:45:02 PM
(fake because people are using bitstamp to cash out hence driving the price down)

People cashing out driving the price down are genuine market forces. There is nothing fake about that, _at all_. Yes if people want to cash out, prices drop. If people want Bitcoin, price rises..

I call BS on the first one.

"Selling to yourself" can only happen within the spread. What am I getting by manipulating the "last" price within the spread, other than boosting the total china volume?

Fake buys and sells can manipulate the market. If you put up a 1000 BTC wall, and sell that to yourself (minus some collateral from the small orders in front of it), all the people see is a 1000 BTC wall being eaten like chump change. This creates fake momentum upwards, pushing people towards buying.

Just regular fees would prevent you from trickery like that. For all we know the entire upswing of yesterday was completely faked by one giant whale. There's no natural mechanism (fees) to prevent such manipulation.

Also,

Quote
it is an amazing arbitrage opportunity if you can make it work.

The kicker is that you CAN'T make it work.

Arbitrage with Gox is 100% IMPOSSIBLE due to the 2 month withdrawal delay. The market moves more than the spread in a matter of mere days.

Arbitrage with BTCChina is also impossible, for you need to have a chinese bank account in order to cash out there. Even if you have that, it'll take multiple days if not weeks to get your CNY converted to USD and sent to a USD bank account of your own, and then on to another exchange. Prices will have moved more than the spread with BTCChina within that period.
333  Economy / Speculation / Re: Difference in exchange prices on: November 09, 2013, 05:19:02 PM
BTCChina price = fake, because 0 trading fees, selling to oneself is encouraged, easy to mass manipulate price and fake high volume

MtGox price
= fake, because USD (and EUR) can't leave there. All withdrawals take >2 months, so you currently can NOT get your money out. To get any currency out, one has to convert (BUY --> higher price) to BTC. (recent rumors have it that even BTC withdrawals are grinding to a halt). One could say that due to the inability to withdraw MtGox USD, "MtGox USD" as a currency is worth less than normal USD you can move around the globe in a day or three.

Bitstamp price (358 at moment of writing) = okay at the moment, only healthy market (along with BTC-e) currently.

BTC-e price (347 at moment of writing) two factors:

a) Currently USD/EUR at BTC-e is 1.315, actual value is 1.335. BTC-e USD's are worth more in that sense - 1.335/1.315*347 = 353. But this is only because I'm European, and will cash out in Euros.

b) LTC market is really big there. Due to switching from BTC to LTC and back, arbitrage bots will suppress the BTC-price a bit compared to other exchanges (a few dollars)


I don't see too much weird going on here.
334  Economy / Speculation / Re: $402/btc at BTChina right now. Don't sleep! on: November 09, 2013, 02:48:53 AM
I logged in specifically to tell you this:

WE CAN ALL READ THE CHARTS

Kthx...
335  Economy / Service Discussion / Re: is btc-e hacked again on: October 17, 2013, 01:07:50 AM
Clouldflare says:

Quote
If you're the owner of this website:

The connection to the origin web server was made, but the origin web server timed out before responding. The likely cause is an overloaded background task, database or application, stressing the resources on your web server. To resolve, please work with your hosting provider or web development team to free up resources for your database or overloaded application.

So it doesn't seem to be a DDoS but rather their server being down?
336  Economy / Service Discussion / Re: is btc-e hacked again on: October 17, 2013, 01:02:50 AM
https://twitter.com/btcecom

Twitter says DDoS.

Cloudfare says Checking your browser for an eternity.

Hope they come back soon.
337  Alternate cryptocurrencies / Altcoin Discussion / Is namecoin really hacked/compromized/dead? on: October 15, 2013, 11:44:51 AM
Check this topic

https://bitcointalk.org/index.php?topic=310954

He stated he can just take over any already registered domain, renting NMC worthless. What do you all think of this?
338  Alternate cryptocurrencies / Altcoin Discussion / Re: Namecoin was stillborn, I had to switch off life-support on: October 15, 2013, 11:35:23 AM
Is it impossible for the devs to hard-fork NMC with the bugfix, and keep all/most of the current domain registrations?
339  Economy / Service Discussion / BTC-e Volume bars - Bug or manipulation? on: October 14, 2013, 05:27:05 PM
Take a look at this:



Take note of the volume bars, particularly the last 10 or so. They are showing >500 and even >1000 BTC of volume for each half-hour slot the graph depicts.

Now take a look at this:



This pic shows the actual volume as recorded by cryptocoincharts.org each hour. Way, way lower.

Every time the volume at BTC-e takes a jump, the orderbook is flooded with hundreds of tiny transactions, like so:




Now, you tell me. Is this a bug? Is it manipulation to make it look like BTC-e has good volume?

Can we trust their volume bars?

340  Bitcoin / Hardware / Re: Liquid Synergy Designs Inc. -ASIC mining hardware on: September 11, 2013, 04:18:39 PM
Steamboat, great that you replied and all, I'm sure you can answer some simple small questions.

Mainly this one: how do we, the users, verify whether our refund request was accepted by your scripts?

You say yourself, a lot of them were rejected because of reasons.
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