What is this ?

[Maxou]

http://imgur.com/IgOyF4y
http://imgur.com/IgOyF4y

What is he trying to do with those little bids 92.17, 92.18, 92.19 etc.. ?

[notme]

http://imgur.com/IgOyF4y

What is he trying to do with those little bids 92.17, 92.18, 92.19 etc.. ?

Buy bitcoins at a good price.  No need to go all in at once.

[Maxou]

He is doing the same with asks

92.51
92.52
92.53
92.54
92.55

[notme]

He is doing the same with asks

92.51
92.52
92.53
92.54
92.55

Okay, so he's market making.  I do the same thing on gox with my bot.

[Maxou]

What is the aim of such thing ? Can you give an example ?

Thanks

[notme]

What is the aim of such thing ? Can you give an example ?

Thanks

Buy low, sell high, take a profit.  By being the trader who fills up the books, you profit from the traders who just want to do a market order and finish the trade NOW.