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Author Topic: Who's bot? 0.0123 trades  (Read 1057 times)
phorensic
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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?
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mb300sd
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December 31, 2011, 08:26:51 AM
 #2

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

BUY BUY BUY!!

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notme
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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
While no idea is perfect, some ideas are useful.
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phorensic
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December 31, 2011, 09:25:35 AM
 #4

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.
zby
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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?
Bigpiggy01
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December 31, 2011, 11:43:02 AM
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Maybe it is a sign that more sophisticated traders are entering the market?

Absolutely +1  Grin

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
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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.
notme
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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.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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