Hehe.. Didn`t he wrote ROX COIN has huge fake volume?
ya but i was just asking in general how can someone even know for sure if the volume is faked?
if you see a huge sell order get eaten up in a second and its repetitive, its obvious. dude doesn't want to risk a panic sell because of a large order and he wouldn't want to catch anyone else's order after he has put that up. so its shows for 1 sec and it goes and look at the market history, you telling me the 11.98btc and 9btc, 3 btc orders look funny to you when compared to recent trades
anyway enough of ROX, coin talk. its not worth the attention at the moment. will not fill voot up with rox talk
im not trying to bring up rox, I just want to know how to prove it is fake. Your logic is speculative at best. Ive seen it happen in every coin out there, saw it on voot last night. I still dont understand how it is "fake." the orders went through so they are obviously real. Maybe im missing something but it looks to me like whales are snatching up any large volume sell orders that they feel are below actual long term value. I myself have bought a couple 5+BTC walls in a few minutes in numerous coins when I felt I needed to accumulate more asap. Most of the time it paid off very nicely. I think people are reading too much into this conspiracy aspect of crypto. I think these people buy large orders quickly and back to back because if im looking to spend 5+BTC i would rather buy from a wall then chip away buying 20+ small orders. Eating walls is how markets move. So I still dont understand the term "fake volume" volume is volume IMHO. Unless a site is posting inflated numbers to make it look like they are doing more business, then that to me would be fake volume. Not actual sells/buys.
it looks like your new to trading. a real 12btc would not show up for 1 sec and get bought out 1 second later. then another 9btc wall would not do the same on rox coin. voot had 10btc wall at 2500, it was there for hours, before it got eaten up. people placed sell orders beneath that so we munched through them before we ate 10btc wall.
Last night, about 20 hrs ago? The first half of that wall got eaten in 2 minutes, then I posted about it mocking how fast it dropped. It stayed at 5BTC for another 5 minutes because people stacked over it so I waited and bought 2BTC to bring it back to 2500 and it got eaten 10 minutes later... hardly "hours".
Also the way TREX works is that sometimes when an order first shows up for some reason it will flash for a few seconds and then vanish for 20-30 seconds. Smart people who are watching can actually buy them BEFORE they even show back up in the listing... I did it myself last night
that 10BTC sell wall got cut in half in 5 mins before someone put in a few lower sells
EDIT 15 mins later its GONE!
EDIT: and I havent even brought up autotrading programs, which you can tell are being used in this market as evidenced by all t sells for 1 that get stacked up in seconds. A smart trader looking to accumulate, using one of these programs, can and will buy almost instantaneously
can't be any happier with the ongoing development. 