Bitcoin Forum
November 24, 2017, 01:50:06 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Bitcoin bot manipulation today?
yes causes too high a price - 0 (0%)
yes causes too low  a price - 2 (66.7%)
no causes no price change - 0 (0%)
no bot manipulation now - 0 (0%)
no frigging idea on bot use - 1 (33.3%)
Total Voters: 3

Pages: [1]
  Print  
Author Topic: mt. gox article on use of bots to manipulate price 2/20/15 no surpise huh?  (Read 1556 times)
Searing
Legendary
*
Offline Offline

Activity: 1554


Tips for help? 1BzbfMHCrTeLjc7eCGrYVhH3QXSRodSuke


View Profile
February 20, 2015, 11:54:08 AM
 #1


Here is the link to the info that mt.gox used bots to manipulate price....(I know it is a big yawn....everyone figured this out a long time ago)

but for those that are interested here is the links

https://www.cryptocoinsnews.com/mt-gox-trading-bots-manipulated-bitcoin-price/


also the wizsec security link on how they got this info for the above article

http://blog.wizsec.jp/2015/02/mtgox-investigation-release.html

and anyone more knowledgeable about this kinda bot useage and/or if/who/what exchanges 'may be' into this kinda thing ....

feel free to chime in ...(or not)


       ▀
   ▄▄▄   ▄▀
   ███ ▄▄▄▄  ██
       ████
    ▄  ▀▀▀▀
▄▄
      ██    ▀▀
██▄█▄▄▄████████
▄▄▄▄▄▄▄▄▀▀███▀▀▀
██████████████████
████▄▀▄▀▄▀███▀▀▀▀▀
████▄▀▄▀▄▀███ ▀
████▄▀▄▀▄▀████████
▀█████████████████
]
CoinPayments
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
1511531406
Hero Member
*
Offline Offline

Posts: 1511531406

View Profile Personal Message (Offline)

Ignore
1511531406
Reply with quote  #2

1511531406
Report to moderator
1511531406
Hero Member
*
Offline Offline

Posts: 1511531406

View Profile Personal Message (Offline)

Ignore
1511531406
Reply with quote  #2

1511531406
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511531406
Hero Member
*
Offline Offline

Posts: 1511531406

View Profile Personal Message (Offline)

Ignore
1511531406
Reply with quote  #2

1511531406
Report to moderator
1511531406
Hero Member
*
Offline Offline

Posts: 1511531406

View Profile Personal Message (Offline)

Ignore
1511531406
Reply with quote  #2

1511531406
Report to moderator
Stargazer
Sr. Member
****
Offline Offline

Activity: 420


Neeed moooore cooooins!


View Profile
February 20, 2015, 12:12:58 PM
 #2

It's obvious that bots are still actively trading. The problem with Gox was that their bot was buying and selling on a credit. They knew they had to make up the loss, so they cheated by trading during downtimes, without paying fees and buying coins with their user's money, while at the same time delaying or blocking payouts. Karpeles should be in jail for this.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!