Doing all they can to hold it above $200.....

[Manticore]

The usual small systematic bot fills (0.02 BTC) much higher than previous trades to keep the bid/ask up and stem the panic sell-off.


17:39:58   200.00000   2.0000
17:39:57   200.00000   1.7034
17:39:55   200.00000   0.9400
17:39:50   200.00000   0.1798


17:39:32   207.10440   0.0100


17:39:30   200.00000   0.2822


17:39:29   207.10440   0.0100


17:39:28   200.00000   155.5402
17:39:28   205.00000   5.0000
17:39:21   200.00000   5.2321
17:39:10   200.00000   9.9400
17:39:09   200.00000   778.5880


17:39:07   210.00000   0.0200
17:39:07   210.00000   0.0200
17:39:07   210.00000   0.0200
17:39:06   210.00000   0.0200
17:39:01   210.00000   0.0200
17:39:00   210.00000   0.0200
17:38:56   210.00000   0.0200
17:38:56   210.00000   0.0200
17:38:54   210.00000   0.0200
17:38:53   210.00000   0.0200
17:38:51   210.00000   0.0200
17:38:46   210.00000   0.0200
17:38:45   210.00000   0.0200
17:38:44   210.00000   0.0200
17:38:42   210.00000   0.0200


17:38:41   200.00000   35.0000


17:38:39   210.00000   0.0200
17:38:38   210.00000   0.0200
17:38:38   210.00000   0.0200
17:38:34   210.00000   0.0200


17:38:30   200.00000   12.0000
17:38:27   200.00000   74.8098
17:38:26   200.10000   0.0100
17:38:19   201.10000   0.0100

[superside]

so these micro transactions are actually effecting the over all price?

[wopwop]

BUY

cheap coins

[Manticore]

so these micro transactions are actually effecting the over all price?

This always happens during a sell-off and at key support levels. You'll see lopsided trades (large blocks selling & tiny buys) that keep the bid/ask up long enough for the panic sell to stop.....then the price jumps right back up to the higher bid/ask (that is supported by minuscule trades).

With this kind of volume, the bid/ask should be following the trades lower.

[masize]

so these micro transactions are actually effecting the over all price?

This always happens during a sell-off and at key support levels. You'll see lopsided trades (large blocks selling & tiny buys) that keep the bid/ask up long enough for the panic sell to stop.....then the price jumps right back up to the higher bid/ask (that is supported by minuscule trades).

With this kind of volume, the bid/ask should be following the trades lower.

But, how do these little transaction affect the price?

Say I create a SELL order for 1000BTC at USD 200
The bot must make 50000 little orders to bypass my order and make the price down.

Actually, whats the difference in making thousands of little transactions instead of one?

[Manticore]

so these micro transactions are actually effecting the over all price?

This always happens during a sell-off and at key support levels. You'll see lopsided trades (large blocks selling & tiny buys) that keep the bid/ask up long enough for the panic sell to stop.....then the price jumps right back up to the higher bid/ask (that is supported by minuscule trades).

With this kind of volume, the bid/ask should be following the trades lower.

But, how do these little transaction affect the price?

Say I create a SELL order for 1000BTC at USD 200
The bot must make 50000 little orders to bypass my order and make the price down.

Actually, whats the difference in making thousands of little transactions instead of one?

They shouldn't affect the price at all......but the ask always stays inflated at the levels of these tiny trades when Gox lags . And we always bounce right back up to the high ask (well, except for today) even though there are hardly any trades at that level. It's strange. I don't understand why bid/ask don't follow the price lower.....