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Author Topic: what just happened?  (Read 1077 times)
Yuhfhrh
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June 11, 2012, 05:32:09 AM
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Can someone explain to me what just happened? Did someone just sacrifice their btc?
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June 11, 2012, 05:32:55 AM
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Can someone explain to me what just happened? Did someone just sacrifice their btc?

That was a botfight.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Yuhfhrh
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June 11, 2012, 05:35:27 AM
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Can someone explain to me what just happened? Did someone just sacrifice their btc?

That was a botfight.

Oh I see... Thanks!
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June 11, 2012, 05:53:07 AM
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Can someone explain to me what just happened? Did someone just sacrifice their btc?

That was a botfight.

this happened b4
they will go on trading and at one point, soon we'll see 0.00BTC buy  0.00BTC sell
kinda weird, and annoying
 


Bigpiggy01
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June 11, 2012, 11:55:38 AM
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It's bots trying to identify a trend with microtrades which kind of dumps this guy on charting software:


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June 12, 2012, 04:15:56 PM
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Looks to me like a destructive kid burning money in a hacked account.

This serves no purpose. You can't identify a trend with it, since bots or bored day-traders will compensate. At best, it produces pointless trading volume.
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June 12, 2012, 04:56:31 PM
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Looks to me like a destructive kid burning money in a hacked account.

This serves no purpose. You can't identify a trend with it, since bots or bored day-traders will compensate. At best, it produces pointless trading volume.

Could be either a bug in one bot, an unintentional bug between two bots, or one bot gaming another to intentionally drain it. Or an API key(s) stolen from some service (eg bitcoinbuilder.com) which stores them.

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