[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[oblox]

Is bitfinex manipulating the Darkcoin trade in its exchange?

Price has been locked to 0.0064 and no matter how much Darkcoin is being dumped, price doesn't go below 0.0064. How is that possible?

Because you can setup a hidden wall in your order. Catches people trying to think they can dump into a thin book moving price but really dumping into a large hidden buy order.

[eahmadov]

Is bitfinex manipulating the Darkcoin trade in its exchange?

Price has been locked to 0.0064 and no matter how much Darkcoin is being dumped, price doesn't go below 0.0064. How is that possible?

Because you can setup a hidden wall in your order. Catches people trying to think they can dump into a thin book moving price but really dumping into a large hidden buy order.

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen   I am moving away from bitfinex permanently.

[illodin]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen  I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

[eahmadov]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen  I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Why do we have to compare it with the bots? Bots are known parasites of any exchnage. We all know how much harm bots have done to markets.

[splawik21]

I am liking DirectBet, I have 400DRK riding on Real Madrid vs FC Basel today, looking forward to the game. 

How much did you sweat that out at the end?  Oh man!

Yeah that was a close one, that dude Hamoudi is a good player, didnt matter I was betting Draw No Bet, so a tie was OK, my strategy was betting a high stake at draw no bet so only Madrid loosing was a problem, ended up winning 64DRK on this match, way better than any of the nodes.  

I made 25 DRK on that... But I had them to win straight up!

+1.  +40%

[Otoh]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen  I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

[thelonecrouton]

Bots are known parasites of any exchnage. We all know how much harm bots have done to markets.

Yet where is the demand for bot-free exchanges?

Some guy was advertising his new bot friendly exchange here earlier today - what the christ do we need yet another one of those for? I'm not a big trader but I'd prefer to trade on an exchange where I wasn't getting constantly shafted by witch-programmed malware.

[eahmadov]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen  I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

[eahmadov]

Bots are known parasites of any exchnage. We all know how much harm bots have done to markets.

Yet where is the demand for bot-free exchanges?

Some guy was advertising his new bot friendly exchange here earlier today - what the christ do we need yet another one of those for? I'm not a big trader but I'd prefer to trade on an exchange where I wasn't getting constantly shafted by witch-programmed malware.

Iam all for transparent peer-to-peer exchnage. I am surprised that there are not much efforts into creating these exchnages after all the harm we have seen Mt.Gox and its successors.

[oblox]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen   I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

No, volume is still volume and it will be reflected in sells and buys. The block orders seen as walls though can be hidden for the time being until someone buys or sells into them. Once this happens, volume is recorded.

[eahmadov]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen   I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

No, volume is still volume and it will be reflected in sells and buys. The block orders seen as walls though can be hidden for the time being until someone buys or sells into them. Once this happens, volume is recorded.

I still think it is a horrible idea. Exchnage should be transparent.

[Drobek]

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

No, volume is still volume and it will be reflected in sells and buys. The block orders seen as walls though can be hidden for the time being until someone buys or sells into them. Once this happens, volume is recorded.

I still think it is a horrible idea. Exchnage should be transparent.

It is supply and demand thingy - whatever drives the volume up is good for crypto

[TanteStefana2]

 I shall not. I love having a pet troll. I only feed one at a time as a service to the community, so they never forget, and let newcomers aware of who's the nº1 lying, deceiving, rude, immature troll in DRK history, and unworthy of any attention. One only needs to click on your post history and roll back a month or two to verify this.

You should eat some of your make-up so you can be pretend to be pretty on the inside.

LOL, although I have him on ignore, I see his name, and I was thinking the exact same thing!  Like that nasty house elf in Harry Potter, that belonged to Sirius Black's family, LOL.  He kind of makes the place a quirky funky home, LOL.  I still can't read his &*&^^ though

[oblox]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen   I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

No, volume is still volume and it will be reflected in sells and buys. The block orders seen as walls though can be hidden for the time being until someone buys or sells into them. Once this happens, volume is recorded.

I still think it is a horrible idea. Exchnage should be transparent.

QQ

[eahmadov]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen   I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

No, volume is still volume and it will be reflected in sells and buys. The block orders seen as walls though can be hidden for the time being until someone buys or sells into them. Once this happens, volume is recorded.

I still think it is a horrible idea. Exchnage should be transparent.

QQ

I am not complaining. That's a legitimate concern and community need to start finding alternatives. We have been harmed by the centralized exchanges over and over and yet they continue to rip profit and steal from many with these hidden tricks and bots.

[oblox]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen   I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

No, volume is still volume and it will be reflected in sells and buys. The block orders seen as walls though can be hidden for the time being until someone buys or sells into them. Once this happens, volume is recorded.

I still think it is a horrible idea. Exchnage should be transparent.

QQ

I am not complaining. That's a legitimate concern and community need to start finding alternatives. We have been harmed by the centralized exchanges over and over and yet they continue to rip profit and steal from many with these hidden tricks and bots.

I'm in favor of hidden walls. To the people that have been trying to use them to manipulate price or the ones selling into a thin book thinking they can get some compounded selling pressure deserve to lose their coins to hidden longs.

[Rux]

u dont like hidden wall... dont trade at bitfinex...simple as that

[eahmadov]

"hidden wall" doesn't sound transparent market tool at all and is a terrible thing for an exchnage to allow it happen  I am moving away from bitfinex permanently.

Why is it a bad thing? Is it worse than bots in your opinion?

Indeed, nothing wrong with it at all, if you don't wish to show your hand, why not?

Does this mean Bitfinex trade volume is actually higher than it is shown in coinmarketcap?

after this question you are disqualified to give further advice of how markets should work

there is no problem with hidden walls and I think bots are good for the market

your "bots are good for market" comment also disqualify you from diving into this discussion

[Drobek]

your "bots are good for market" comment also disqualify you from diving into this discussion

Bot that is instructed to sell 50,000 DRK over 6 months may indeed be better for market and the seller than 50,000 DRK sell wall

[toknormal]

I still think it is a horrible idea. Exchnage should be transparent.

How is it any less transparent that you sitting with your off-order-book purchase waiting for sufficient liquidity to mount so that you can buy without driving the price up ?

Why should you be allowed to keep your hand hidden while sellers state their price in good faith ?

The hidden wall is just automating that process. In a fast market, most supply and demand is off order book anyway.

I don't think you've thought this through when you say "it is a horrible idea". I think if you did you'd quite quickly see the hypocrisy.

If you really want to take ethical trading to its extreme then ALL orders should be hidden, not shown. That way people would buy and sell for what it was worth to them, not for what they thought they could extract from the market.

Please revisit your thinking on this so that your sense of trading ethics is better informed by these various complexities