Severian (OP)
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September 02, 2012, 02:31:26 AM |
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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silverbox
Legendary
Offline
Activity: 966
Merit: 1003
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September 02, 2012, 02:35:38 AM |
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lol
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Severian (OP)
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September 02, 2012, 03:04:05 AM |
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They were modeled on the Williams sisters.
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Cablez
Legendary
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Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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September 02, 2012, 01:03:19 PM |
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Is there really a competitive advantage when they start acting like this? I never understood how you could make anything playing with such small amounts.
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Tired of substandard power distribution in your ASIC setup??? Chris' Custom Cablez will get you sorted out right! No job too hard so PM me for a quote Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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Seal
Donator
Hero Member
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Activity: 848
Merit: 1078
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September 03, 2012, 08:05:57 AM |
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Is there really a competitive advantage when they start acting like this? I never understood how you could make anything playing with such small amounts.
There's somebody who is running a scalping bot to take advantage of the spreads. This is pretty easy to see as trade sizes are consistently small and tend to lead the main trades by a small amount each time (often on both the buy and ask side). It looks like somebody else who knows his/her bots has come along and with a little help from excel has calculated the % variables used in the scalping algo. They've used this knowledge to write a script to take advantage of the original scalping bot... in effect, he's stealing the small margin from the original bot on each trade.
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LightRider
Legendary
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Activity: 1500
Merit: 1021
I advocate the Zeitgeist Movement & Venus Project.
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September 03, 2012, 08:13:32 AM |
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squid
Member
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Activity: 112
Merit: 10
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September 03, 2012, 08:19:10 AM |
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Is there really a competitive advantage when they start acting like this? I never understood how you could make anything playing with such small amounts.
There's somebody who is running a scalping bot to take advantage of the spreads. This is pretty easy to see as trade sizes are consistently small and tend to lead the main trades by a small amount each time (often on both the buy and ask side). It looks like somebody else who knows his/her bots has come along and with a little help from excel has calculated the % variables used in the scalping algo. They've used this knowledge to write a script to take advantage of the original scalping bot... in effect, he's stealing the small margin from the original bot on each trade. Ha! I am new to Bitcoin and it just keeps getting more and more interesting. So much to learn and this world is much more accessible than FIAT currencies.
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Etlase2
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September 03, 2012, 08:59:50 AM |
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It looks like somebody else who knows his/her bots has come along and with a little help from excel has calculated the % variables used in the scalping algo. They've used this knowledge to write a script to take advantage of the original scalping bot... in effect, he's stealing the small margin from the original bot on each trade.
This is a bit over my head, but if accurate sounds like a fantastic thing to eventually discourage this type of behavior.
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Seal
Donator
Hero Member
Offline
Activity: 848
Merit: 1078
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September 03, 2012, 11:44:10 AM |
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It looks like somebody else who knows his/her bots has come along and with a little help from excel has calculated the % variables used in the scalping algo. They've used this knowledge to write a script to take advantage of the original scalping bot... in effect, he's stealing the small margin from the original bot on each trade.
This is a bit over my head, but if accurate sounds like a fantastic thing to eventually discourage this type of behavior. Either that or its just the same bot which has been coded badly and is bugged, or has failed to recognise the trades that its placed itself.
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ZodiacDragon84
Sr. Member
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Activity: 266
Merit: 250
The king and the pawn go in the same box @ endgame
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September 03, 2012, 11:56:12 AM |
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you really want to get messy, use national fiat currency exchanges, then trade in bitcoin in high/low currency spreads. That guy would be nickel and dime-ing himself to happiness. You day traders might have a clue what the hell I'm talking about
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baggyp
Member
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Activity: 95
Merit: 10
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February 21, 2013, 11:03:06 PM |
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Sorry to necro this post, but I didn't want to start a new post to ask the last contributor to this thread to explain himself a bit more. I am not a day trader myself and don't understand the in and out of it, but I am fascinated by it and want to understand it better. Care to elaborate for us laymen?
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SgtSpike
Legendary
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Activity: 1400
Merit: 1005
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February 21, 2013, 11:27:34 PM |
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Last time this sort of thing was posted (which I believe was yesterday), the explanation was that retailers would want a low "last price" to be shown and sellers of Bitcoin would want a high "last price" to be shown, so they both have bots that fight each other over the "last price".
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