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Bitcoin Forum > Economy > Trading Discussion > bitstamp facing some sort of algo strike?
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tarui (OP)
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November 07, 2013, 10:21:37 AM
 #1
not sure what to call it

algo trades, or algo strikes

its where the prices rapidly crash/spike a few dollars and from the main page, a quick succession of trades, usually below 0.10btc, gets filled.

prices then recover back before it happens again.

it is not due to 1 guy selling a large order and bitstamp fills it at any price it can right?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 09, 2013, 06:43:04 PM
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People frequently spam small transactions in order to manipulate the "last price" and/or candle direction to get people to make dumb trades for their own profit.
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