bitstamp facing some sort of algo strike?

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Topic: bitstamp facing some sort of algo strike? (Read 642 times)

tarui (OP)

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bitstamp facing some sort of algo strike?

November 07, 2013, 10:21:37 AM

not sure what to call it

algo trades, or algo strikes

its where the prices rapidly crash/spike a few dollars and from the main page, a quick succession of trades, usually below 0.10btc, gets filled.

prices then recover back before it happens again.

it is not due to 1 guy selling a large order and bitstamp fills it at any price it can right?

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dddbtc

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Re: bitstamp facing some sort of algo strike?

November 09, 2013, 06:43:04 PM

People frequently spam small transactions in order to manipulate the "last price" and/or candle direction to get people to make dumb trades for their own profit.

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