YoYa (OP)
|
|
August 29, 2011, 05:03:39 PM |
|
8:00:19 > Rem ask 0.37073618 @ 8.8701 18:00:19 > Trade: 0.37073618 @ 8.87010 18:00:19 > Rem ask 0.09569056 @ 8.87003 18:00:19 > Trade: 0.09569056 @ 8.87003 18:00:18 > Rem ask 0.09417793 @ 8.86972 18:00:18 > Trade: 0.09417793 @ 8.86972 18:00:18 > Rem ask 0.02016005 @ 8.86972 18:00:18 > Trade: 0.02016005 @ 8.86972 18:00:17 > Rem ask 0.37073618 @ 8.86957 18:00:17 > Trade: 0.37073618 @ 8.86957 18:00:17 > Rem ask 0.01905459 @ 8.86917 What's wrong with this picture Trade, remove ask? WTF?!? Either a bot's gone crazy, or the trading engine is fucked, but it's cycling in the same tiny range between 8.86 and 8.87....go see for yourself: http://bitcoin.clarkmoody.com/order-book/http://mtgoxlive.com/orders
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 29, 2011, 05:05:39 PM |
|
Yeah, it’s fucking up my volume in SierraChart. Seriously, first the 6s trades, and then this.
|
|
|
|
YoYa (OP)
|
|
August 29, 2011, 05:09:24 PM |
|
I'm betting spam/psycho bot, there are some regular trades getting in between the madness......guess someone explained a logic paradox to the poor bot!
|
|
|
|
indio007
|
|
August 29, 2011, 05:11:59 PM |
|
Something is borked. I suspect bot.
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 29, 2011, 05:15:18 PM |
|
See last ~20 mins.
|
|
|
|
coined
|
|
August 29, 2011, 05:16:40 PM |
|
is it a set of tiny bot buy orders?, or sell's created and just left like that, so when average joe tries to buy he has to go through the 1000's of tiny orders on the way up,
or something else intended to clog the system for others so they can make a particular move, could you use a trick like that to buy or sell into a "fake" bid wall, before it was removed? the people putting up the fake walls would normally see the price approach it and so remove it, but now they are so far back in the action cue they wont remove it in time?
|
|
|
|
YoYa (OP)
|
|
August 29, 2011, 05:17:59 PM |
|
Can't see any ask's being added, which does seem to pin the blame on the trading engine, but I really can't say, interestingly it's pumping volume and seems to be pushing a minor upward trend......wtfbbq I dunno....
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 29, 2011, 05:18:16 PM |
|
is it a set of tiny bot buy orders, or sell's created and just left like that, so when average joe tries to buy he has to go through the 1000's of tiny orders on the way up,
It’s just a fucked up MtGox. Those trades aren’t actually executed anymore. (see depth on http://bitcoin.clarkmoody.com/order-book/) It is one stupid loop of trades going on over and over again.
|
|
|
|
indio007
|
|
August 29, 2011, 05:19:07 PM |
|
There is also the risk of ppl. putting in bids and asks at stale prices and overpaying.
|
|
|
|
YoYa (OP)
|
|
August 29, 2011, 05:22:27 PM |
|
Hehe, It's generating it's own divergence! Quick everyone, this could be a sign! :p
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 29, 2011, 05:23:36 PM |
|
Beautiful.
|
|
|
|
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
August 29, 2011, 05:28:40 PM |
|
Too bad it's not a full dollar loop!
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 29, 2011, 05:29:14 PM |
|
Unsustainable.
Sure it is, those are not actual trades, it’s a loop of one trade sequence.
|
|
|
|
YoYa (OP)
|
|
August 29, 2011, 05:49:29 PM |
|
Unsustainable.
Sure it is, those are not actual trades, it’s a loop of one trade sequence. A loop that seems to be edging up slowly: 8.87118 when it started to 8.87786 Weird!
|
|
|
|
|
YoYa (OP)
|
|
August 29, 2011, 06:55:54 PM |
|
So.... did someone just sneak in a large buy without sending the price flying up???
hrmmm :/ weird one.
|
|
|
|
YoYa (OP)
|
|
August 29, 2011, 07:09:29 PM |
|
It ain't over yet, someone is trying to ratchet up and entice the chart readers to buy, 15 min RSI now buy signal, with 1K buy bid wall supporting.
Man, this sure is the wild west alright!
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 30, 2011, 08:02:19 AM |
|
Here we go again. Fuck you, MtGox, seriously. Fuck you for distorting the volume for the second time in two days. I think this should be considered market manipulation.
|
|
|
|
klaus
Legendary
Offline
Activity: 1946
Merit: 1004
|
|
August 30, 2011, 08:27:10 AM |
|
Fuck you, MtGox, seriously. Fuck you for distorting the volume for the second time in two days. I think this should be considered market manipulation.
its not goxxed - what a stupid stupid bash ! mtgox is not the one who places hundreds of hundreds of 0.01/0.02 bid/asks / doing this loop. He just take the fee from this bored/dumb bot owner and thats his business, so for me no problem with this. yesterday (on buying side) it took 1 hour and afterwards i've seen 2 walls with 10.000 US$ buying orders each, so even dumber than the bot owner, step in this trap - thought/take this as a buying sign. The market corrected this ridiculous action afterwards. so today its on the selling side. lets see what will happen. *LeanBackTakeOutPopcorn
|
bitmessage:BM-2D9c1oAbkVo96zDhTZ2jV6RXzQ9VG3A6f1 threema:HXUAMT96
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
August 30, 2011, 08:34:55 AM |
|
its not goxxed - what a stupid stupid bash !
It is. Noone can execute any trades for hours while it is going on. Same as yesterday. People base their decisions on the false information (volume and price action) MtGox provides. And no, I do not believe those are legitimate bot trades. It’s a looped sequence of someone selling into bot asks (whole bunch of small ones) caused by some MtGox bug. You can have a look at http://bitcoin.clarkmoody.com/order-book/ and see for yourself. Even MagicalTux just confirmed it: [10:34:12] <MagicalTux> seems like the trade engine goes into an infinite loop Stop your stupid fanboyism. I hate your kind.
|
|
|
|
|