ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 840.

krudkeeper

full member

Activity: 182

Merit: 100

Hodl regularly and often!

Quote from: bougelahi on July 18, 2013, 06:31:11 PM

Quote from: ?? on ??

asicminer doesnt have a future

eventualy the block reward will half and so will dividends

Krudkeeper, I think you should stick to monitoring your minecraft servers at home with mommy and daddy. Please stay away from real investments and this thread, you don't know what you are talking about.

My account was hacked by some douche. I have it back now. I agree with your comment about what the punk said. I will be deleting his original comment.

Eric Muyser

full member

Activity: 224

Merit: 100

You can't kill math.

Quote from: nubbins on July 19, 2013, 02:26:41 PM

Havelock doesn't execute self-trades; fun stuff. You can put the same wall on both sides of the order sheet.

BitFunder also lets you buy your own asks, so it looks like the stock price is rising or not falling (even when there's tons of selling off into the bids).

BTC TC is pretty solid on these sort of "exploits."

nubbins

legendary

Activity: 1554

Merit: 1009

Havelock doesn't execute self-trades; fun stuff. You can put the same wall on both sides of the order sheet.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: Xeen on July 19, 2013, 11:50:07 AM

Quote from: Ozymandias on July 19, 2013, 10:55:16 AM

Quote from: dexX7 on July 19, 2013, 10:40:32 AM

Quote from: velacreations on July 19, 2013, 10:37:10 AM

there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.

Another big someone was buying a bunch a bit before, trying to hit 4.9.

So, it was just whales fucking.

^ This..

There was a >600 bid wall which was finished by the above mentioned 350+ shares sell.

Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess.

Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into?

Yes. Awhile ago a decent spread between buy and sell orders showed up and I was trying to place one on both to see if I could flip some stock. I put the sell order up and then when putting my buy order up forgot to enter my 2FA key. This caused the buy order value to default to the current sell value (mine) and I didn't notice, so I placed my buy order, and btct.co happily bought and sold my listing(s) out of my own shares for a small fee.

I like to think of it as tipping Burnside, rather than me being a dolt. And I managed to actually pull off the flip after relisting careful, so still came out ahead.

I once made a fat finger mistake, put up a buy order and then put up a sell order but accidentally added an extra zero and sold to myself.

Xeen

newbie

Activity: 7

Merit: 0

Quote from: Ozymandias on July 19, 2013, 10:55:16 AM

Quote from: dexX7 on July 19, 2013, 10:40:32 AM

Quote from: velacreations on July 19, 2013, 10:37:10 AM

there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.

Another big someone was buying a bunch a bit before, trying to hit 4.9.

So, it was just whales fucking.

^ This..

There was a >600 bid wall which was finished by the above mentioned 350+ shares sell.

Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess.

Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into?

Yes. Awhile ago a decent spread between buy and sell orders showed up and I was trying to place one on both to see if I could flip some stock. I put the sell order up and then when putting my buy order up forgot to enter my 2FA key. This caused the buy order value to default to the current sell value (mine) and I didn't notice, so I placed my buy order, and btct.co happily bought and sold my listing(s) out of my own shares for a small fee.

I like to think of it as tipping Burnside, rather than me being a dolt. And I managed to actually pull off the flip after relisting careful, so still came out ahead.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: VeeMiner on July 19, 2013, 11:41:41 AM

Quote from: benm on July 19, 2013, 11:34:12 AM

I could see TAT selling shares OTC, then rebuying off the btctc passthrough and exporting them as direct shares, thus eventually draining the btctc passthrough of shares. Conspiracy?

it's just a service for people who want direct shares. Nothing more, nothing less.

+1. Also if TAT or anyone wants to buy up lots of shares on BTCTC, then he's welcome to do that. He'll only buy ~ 100-200 before he pushes the price up over 5BTC apiece.

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: benm on July 19, 2013, 11:34:12 AM

I could see TAT selling shares OTC, then rebuying off the btctc passthrough and exporting them as direct shares, thus eventually draining the btctc passthrough of shares. Conspiracy?

it's just a service for people who want direct shares. Nothing more, nothing less.

benm

newbie

Activity: 27

Merit: 0

I could see TAT selling shares OTC, then rebuying off the btctc passthrough and exporting them as direct shares, thus eventually draining the btctc passthrough of shares. Conspiracy?

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: Ozymandias on July 19, 2013, 10:55:16 AM

Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into?

IIRC you can but you pay the fee, of course.

Ozymandias

sr. member

Activity: 644

Merit: 250

Quote from: dexX7 on July 19, 2013, 10:40:32 AM

Quote from: velacreations on July 19, 2013, 10:37:10 AM

there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.

Another big someone was buying a bunch a bit before, trying to hit 4.9.

So, it was just whales fucking.

^ This..

There was a >600 bid wall which was finished by the above mentioned 350+ shares sell.

Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess.

Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into?

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: velacreations on July 19, 2013, 10:37:10 AM

there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.

Another big someone was buying a bunch a bit before, trying to hit 4.9.

So, it was just whales fucking.

^ This..

There was a >600 bid wall which was finished by the above mentioned 350+ shares sell.

Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess.

velacreations

sr. member

Activity: 476

Merit: 250

there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.

Another big someone was buying a bunch a bit before, trying to hit 4.9.

So, it was just whales fucking.

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: ThickAsThieves on July 19, 2013, 09:21:37 AM

It was before the SDICE payout.

Maybe that's related.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: TsuyokuNaritai on July 19, 2013, 09:20:46 AM

Quote from: ThickAsThieves on July 19, 2013, 09:04:34 AM

The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs.

Can you let us in on who it was?

Or if it's confidential, maybe just whether it was with money from S.DICE?

It was before the SDICE payout.

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: ThickAsThieves on July 19, 2013, 09:04:34 AM

The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs.

Can you let us in on who it was?

Or if it's confidential, maybe just whether it was with money from S.DICE?

neilol

sr. member

Activity: 302

Merit: 250

Quote from: ThickAsThieves on July 19, 2013, 09:04:34 AM

Quote from: gog1 on July 19, 2013, 08:56:59 AM

Quote from: neilol on July 19, 2013, 08:49:09 AM

What is with the price discrepancy between TAT and burnside passthroughs for?

Very confused at this, cant just be the 5% fee.

Speculation is that a big whale is picking up shares. If that's the case, he may want to export it out of the PT and be direct shares.

That's not possible with TAT shares.

The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs.

The discrepancy on the fractional PTs can be attributed to several factors, but mostly I believe it is that, as the share price gets higher, the @5% devaluation people place on it appears larger. Now, I've already explained why a straight 5% discount is an inaccurate way to factor the management fee, but the mgmt fee is but one factor.

Also, since when was this market rational anyway? Wink

Thanks for the clear answer

lophie

hero member

Activity: 924

Merit: 1001

Unlimited Free Crypto

Quote from: ThickAsThieves on July 19, 2013, 09:04:34 AM

Also, since when was this market rational anyway? Wink

so getting into my sig after TradeFortress rent of my space expires Cheesy

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: gog1 on July 19, 2013, 08:56:59 AM

Quote from: neilol on July 19, 2013, 08:49:09 AM

What is with the price discrepancy between TAT and burnside passthroughs for?

Very confused at this, cant just be the 5% fee.

Speculation is that a big whale is picking up shares. If that's the case, he may want to export it out of the PT and be direct shares.

That's not possible with TAT shares.

The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs.

The discrepancy on the fractional PTs can be attributed to several factors, but mostly I believe it is that, as the share price gets higher, the @5% devaluation people place on it appears larger. Now, I've already explained why a straight 5% discount is an inaccurate way to factor the management fee, but the mgmt fee is but one factor.

Also, since when was this market rational anyway? Wink

sleger

full member

Activity: 167

Merit: 100

I sold all my direct shares and bought TAT shares since the price difference was around 10%, and this will adjust. At the very least TAT himself could sell direct shares and buy his own TAT shares to adjust the price, pocketing in a profit in the meantime.

gog1

hero member

Activity: 756

Merit: 500

Quote from: neilol on July 19, 2013, 08:49:09 AM

What is with the price discrepancy between TAT and burnside passthroughs for?

Very confused at this, cant just be the 5% fee.

Speculation is that a big whale is picking up shares. If that's the case, he may want to export it out of the PT and be direct shares.

That's not possible with TAT shares.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 840. (Read 3917468 times)