The upwards pressure was initiated buy a bot putting up bigger, evenly sized bit near the market price. The bids then vanished after there was some buying.
Maybe it’s one bot trying to create VOLATILITY so it can profit?
Or it’s two fighting bots. I don’t know.
ONE THING I know for sure, though. This was manipulation, not normal market behaviour.
Topic: : - page 2. (Read 70883 times)
It appears similar to the stabilization bot two months ago. Just starts selling and creating walls the moment the price climbs. Pretty much doing everything possible to prevent a climb if there is upward pressure. Might do the same if there is downward pressure, but the last couple days, it appears to have been trying to keep it down.
Would someone explain for stupids what exactly "the bot" is doing? I don’t get it, it seems like bears and bulls trying to manipulate each other. 
Maybe first I will say what I saw. I saw the order book increase very quickly and some bigger orders near the market price pop up. Then, people bought up a bit and the buy orders vanished. I also saw similar stuff on the ask side.
Maybe first I will say what I saw. I saw the order book increase very quickly and some bigger orders near the market price pop up. Then, people bought up a bit and the buy orders vanished. I also saw similar stuff on the ask side.
Yes, it doesn't feel like the stabilizer bot again. It was enjoyable over the last 40 minutes to watch the price climb ever so higher without an obvious botting. Then bam... bot tosses down 900 on the sell side... now it is about 700... it seems to disappear when someone tries to buy through it. Another 'ghost sell' as I call them. Though it looks like other people are getting sick of this too.
This is looking like bot territory.
This. And I'm getting very sick of it. It seems as though the bot owner is doing everything to keep the price from climbing. The bot appears to have a 'place a couple hundred btc just a little lower than the last price' thing happening. Of course... if it is a bot/bots...
Take a look at 30min RSI... Do you know a human that is disciplined enough to trade that regular?
Nope. arrgggg
This is looking like bot territory.
This. And I'm getting very sick of it. It seems as though the bot owner is doing everything to keep the price from climbing. The bot appears to have a 'place a couple hundred btc just a little lower than the last price' thing happening. Of course... if it is a bot/bots...
Take a look at 30min RSI... Do you know a human that is disciplined enough to trade that regular?
Nope. arrgggg
This is looking like bot territory.
This. And I'm getting very sick of it. It seems as though the bot owner is doing everything to keep the price from climbing. The bot appears to have a 'place a couple hundred btc just a little lower than the last price' thing happening. Of course... if it is a bot/bots...
we're looking quite entrenched, for the moment.
stable perhaps?
stable perhaps?
Whale can come by at any moment and blow everyone's expectations out of the water.
Except for the expectation that a whale will come by at any moment
Seems to me this picture is a bit bearish short term judging by the resistance curve's slope
It is normal that shortly after a price surge that there is some void on the bid side.
As mentioned before, I would not rely too much on the orderbook. It gives too many false signals and can be manipulated too easily.
There are so many 'ghost' bids/sells it is incredible. I won't call these 'fake bids', since the fake ones actually seem to have real btc/dollars supporting them even if they are removed when the price hits them. These ghost bids/sells seem to be used as bait to lure people in one direction or the other. Usually it is batches of 300btc. When when you try to buy into one you get nothing.
Seems to me this picture is a bit bearish short term judging by the resistance curve's slope
It is normal that shortly after a price surge that there is some void on the bid side.
As mentioned before, I would not rely too much on the orderbook. It gives too many false signals and can be manipulated too easily.
is there anywhere to see a graph of this?
As long as this http://en.wikipedia.org/wiki/Ceteris_paribus is not being ignored.
It is actually fairly calculation intensive. And the way I have things set up it would be a semi-manual process... I just don't feel like doing it.
do you have valid timestamps on the pics? If so it could be made to not be such a mess... care to share a tgz or something that preserves "datetime created"?
It would be kinda cool to see an animation of the charts through time. Not cool enough for me to actually do it though
One can sort of obtain the effect by sliding on the forum page. Sort of like drawing a stick-man on multiple pages of a book...back in the old days when books were common.It would not be that hard to do, but I haven't been consistent in gathering the snapshots, so it would be a mess. Maybe I will do that one day if I see that there is a series of fairly consistently collected snapshots.
It would be kinda cool to see an animation of the charts through time. Not cool enough for me to actually do it though
One can sort of obtain the effect by sliding on the forum page. Sort of like drawing a stick-man on multiple pages of a book...back in the old days when books were common.Jump to: