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Author Topic: Who's bot? 0.0123 trades  (Read 1266 times)
phorensic (OP)
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December 31, 2011, 08:21:24 AM
 #1

Who the hell's bot is mucking up shit with the endless 0.0123 BTC trades?
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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December 31, 2011, 08:26:51 AM
 #2

As long as they keep buying, I'm happy.

BUY BUY BUY!!

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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December 31, 2011, 08:32:54 AM
 #3

They are obviously buying... would you prefer they spike it?  They obviously think they can get better prices by giving people time to place asks.  Of course, if too many people catch on the asks will back up and they will have to change strategy.

https://www.bitcoin.org/bitcoin.pdf
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phorensic (OP)
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December 31, 2011, 09:25:35 AM
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They are obviously buying... would you prefer they spike it?
Uh, yes actually.  I make money when the price rapidly moves up or down.  Not when it stays flat.
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December 31, 2011, 09:28:27 AM
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Maybe it is a sign that more sophisticated traders are entering the market?
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December 31, 2011, 11:43:02 AM
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Quote
Maybe it is a sign that more sophisticated traders are entering the market?

Absolutely +1  Grin

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cypherdoc
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December 31, 2011, 12:14:30 PM
 #7

Maybe it is a sign that more sophisticated traders are entering the market?

sophisticated traders with a sense of humor. c'mon; 0.0123?  LOL!
phorensic (OP)
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December 31, 2011, 01:31:42 PM
 #8

Maybe it is a sign that more sophisticated traders are entering the market?

sophisticated traders with a sense of humor. c'mon; 0.0123?  LOL!
I know, right?  I watched a thing on Youtube, I think it was Max Keiser (edit: nope it was a TED talk), where he explained that there are big dogs who go through great lengths to hide a transaction of a million shares.  They don't hide it in a bunch of transaction of 0.0123...it's a very randomized pattern.
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December 31, 2011, 06:12:24 PM
 #9

Maybe it is a sign that more sophisticated traders are entering the market?

sophisticated traders with a sense of humor. c'mon; 0.0123?  LOL!
I know, right?  I watched a thing on Youtube, I think it was Max Keiser (edit: nope it was a TED talk), where he explained that there are big dogs who go through great lengths to hide a transaction of a million shares.  They don't hide it in a bunch of transaction of 0.0123...it's a very randomized pattern.

Maybe those aren't their only trades.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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