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Author Topic: Weird trading pattern  (Read 2123 times)
dooglus (OP)
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July 07, 2012, 09:53:53 PM
 #1

Any idea what might cause trading like this?



Alternating buys and sells, steadily decreasing volume per trade.

I don't think I've seen anything quite like that before.

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floeti
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July 07, 2012, 09:56:06 PM
 #2

A last desperate try to stop the rally by DoSing mtGox?
yogi
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July 07, 2012, 10:09:40 PM
 #3

crazy robot


cryptoanarchist
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July 07, 2012, 10:11:01 PM
 #4

crazy robot



+1

I'm grumpy!!
RyNinDaCleM
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July 07, 2012, 10:11:33 PM
 #5

crazy robot



Yup! Just making bar codes

Raize
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July 08, 2012, 12:34:43 AM
 #6

It's a bot designed to game other bots that trade based on number of buys/sells and/or timing of those transactions instead of assigning a weight based on volume.
Seal
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July 09, 2012, 02:06:13 AM
 #7

Any idea what might cause trading like this?



Alternating buys and sells, steadily decreasing volume per trade.

I don't think I've seen anything quite like that before.

DefiDive - Filter the noise
A clean crypto asset management terminal
vokain
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July 09, 2012, 02:40:56 PM
 #8

maybe just someone trying to stir the pot?
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July 09, 2012, 11:10:00 PM
 #9

I just noticed my post didnt show up properly.

I was trying to say: I think you'll find that its an automated bot using a grid trading strategy. What it essentially does is overlay a pre-set grid of buy and sell orders to shave margins from price movements.

Shout me up on irc if u wanna know more about bots.

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