And Luke, what makes you think this was a bot and not just someone trying to get out? I keep hearing all these bots are manipulating the market and yet there is absolutely zero proof for it. Seems like an easy way to detract from the point that we are in a clear downturn from the last rise, something which should be over after the next flashcrash.
1) If you want to get out, you don't stack low volume sell orders down, pushing the price and making less, and certainly at the end of that cycle you don't buy more.
Which is what happened.
2) If you want to get out, you stack low volume up, support buy and drop the hammer all the way down.
You certainly don't buy even more after forcing flash shake out.
Which is what happened.
If you follow history closely, a very, very nice cycle is emerging - not seen since Bitcoin/Litecoin - and the direction is very clear.
Let's revisit in a week.
Oh I'm with you on the cycle. I just think we've got one more drop, before another huge uptrend. But claiming you can tell who are bots and who isn't because of one sell order is silly, how do you know the bot trades and the sell are related? unless you have access to the logs your just speculating, which ultimately makes your points less valid.
If you follow the patterns and trades closely, you would realise that this would be possible by hand.
Obviously, the hand set the paratemers for the bot using API.
All in all - as I said before, it's very helpful as this, plus the fact that there are very few weak hands and people intend to hold long term, DRK can grow very fast.
We have an excellent dev team which so far stays ahead, otherwise we would risk going way ahead of ourselves.
Hope that makes sense - if not, it's just my point of view and that's all.
: