Fakhoury
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Merit: 1027
Permabull Bitcoin Investor
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October 12, 2015, 01:30:43 PM |
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Thank you for your reply. I've always learned and still learning from your replies. I wish you and us all the best
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Blazin8888
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October 12, 2015, 01:48:45 PM |
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Thank you for your reply. I've always learned and still learning from your replies. I wish you and us all the best Same to you buddy.
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JorgeStolfi
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October 12, 2015, 01:50:29 PM |
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Someone please remind me, in case I missed it, why does this happen on OKCoin? On huge volume the price barely moves, then on low volume we have this drop (or the previous pump)?
I wish that those totally useless "bitcoin news" sites would investigate and report on this issue, if only by asking the exchange owners about those spikes. On a couple of occasions, I have seen a huge sell order flash on the OKCoin order book, just at the top of the spread, only to be immediately and precisely eaten by a matching buy order. They may be trades arranged in advance, set to happen at a predetermined price or time. I seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
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ChartBuddy
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Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 12, 2015, 02:02:03 PM |
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DoktorKopf
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Activity: 29
Merit: 1
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October 12, 2015, 02:05:51 PM |
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Someone please remind me, in case I missed it, why does this happen on OKCoin? On huge volume the price barely moves, then on low volume we have this drop (or the previous pump)?
I think it's a way to facilitate OTC trades without paying broker fees. It enables parties who don't necessarily trust each other to exchange without the "you send the money first, no you send the coin first".
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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October 12, 2015, 02:06:29 PM |
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Someone please remind me, in case I missed it, why does this happen on OKCoin? On huge volume the price barely moves, then on low volume we have this drop (or the previous pump)?
I wish that those totally useless "bitcoin news" sites would investigate and report on this issue, if only by asking the exchange owners about those spikes. On a couple of occasions, I have seen a huge sell order flash on the OKCoin order book, just at the top of the spread, only to be immediately and precisely eaten by a matching buy order. They may be trades arranged in advance, set to happen at a predetermined price or time. I seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers... That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?
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Fiat_Hodler
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October 12, 2015, 02:09:44 PM |
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If I was a whale I would keep the price down until after the marshals auction and get all the BTC at a discount.
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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October 12, 2015, 02:14:23 PM |
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Someone please remind me, in case I missed it, why does this happen on OKCoin? On huge volume the price barely moves, then on low volume we have this drop (or the previous pump)?
I wish that those totally useless "bitcoin news" sites would investigate and report on this issue, if only by asking the exchange owners about those spikes. On a couple of occasions, I have seen a huge sell order flash on the OKCoin order book, just at the top of the spread, only to be immediately and precisely eaten by a matching buy order. They may be trades arranged in advance, set to happen at a predetermined price or time. I seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers... Someone buying his own coins to simulate interest is my best bet. Good thing I bought my honey puffs yesterday
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tarmi
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Merit: 1010
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October 12, 2015, 02:31:02 PM |
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stop promoting your long positions in another shitcoin.
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Blazin8888
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October 12, 2015, 02:47:05 PM |
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stop promoting your long positions in another shitcoin.
typical 14yr old answer. Im not promoting anything you goof. Im bringing news to the community. Maybe if you had a brain and could analyze things around you to see potential in them and how they could potentially effect other things, youd realize BTS is the future of Crypto. The community and ppl like u will get no where with answers like that. lol grow up u geek
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BlindMayorBitcorn
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October 12, 2015, 02:49:28 PM |
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The community has had it up to here with you, mister
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Blazin8888
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October 12, 2015, 02:50:07 PM |
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http://banxcapital.com/ ---> BanX is designing products to support the BTC economy. BanX is also hopping on to the BITSHARES 2.0 platform when it launches. www.bitshares.orgThis is key here. BTC WILL reap major benefits because of this.
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BlindMayorBitcorn
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October 12, 2015, 02:51:51 PM |
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This is key here
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 12, 2015, 03:02:02 PM |
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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October 12, 2015, 03:18:46 PM |
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stop promoting your long positions in another shitcoin.
typical 14yr old answer. Im not promoting anything you goof. Im bringing news to the community. Maybe if you had a brain and could analyze things around you to see potential in them and how they could potentially effect other things, youd realize BTS is the future of Crypto. The community and ppl like u will get no where with answers like that. lol grow up u geek Don't feed the trolls my friend.
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Blazin8888
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October 12, 2015, 03:21:16 PM |
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stop promoting your long positions in another shitcoin.
typical 14yr old answer. Im not promoting anything you goof. Im bringing news to the community. Maybe if you had a brain and could analyze things around you to see potential in them and how they could potentially effect other things, youd realize BTS is the future of Crypto. The community and ppl like u will get no where with answers like that. lol grow up u geek Don't feed the trolls my friend. Youre probably right. They just dont see the way.
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Fatman3001
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Make Bitcoin glow with ENIAC
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October 12, 2015, 03:26:54 PM Last edit: October 12, 2015, 03:43:20 PM by Fatman3001 |
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stop promoting your long positions in another shitcoin.
typical 14yr old answer. Im not promoting anything you goof. Im bringing news to the community. Maybe if you had a brain and could analyze things around you to see potential in them and how they could potentially effect other things, youd realize BTS is the future of Crypto. The community and ppl like u will get no where with answers like that. lol grow up u geek Don't feed the trolls my friend. Youre probably right. They just dont see the way Of course. Please tell us again about how shitshares reminds you of BTC back in 2011.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 12, 2015, 04:01:46 PM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 12, 2015, 05:02:12 PM |
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jbreher
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Activity: 3038
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lose: unfind ... loose: untight
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October 12, 2015, 05:37:15 PM |
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stop promoting your long positions in another shitcoin.
Im not promoting anything you goof. Im bringing news to the community. Well, no. Not really, you are not. You are merely repeating the same shillspeak over and over. The first time you posted the links to the Forbes articles, you could plausibly call that news. By the 8th time you posted the very same links in the very same thread, it was well past the point that it was obvious shilling. And your juvenile name calling just makes you look petty. And juvenile. Did I mention juvenile?
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