I have viewed quite a few fake walls, which really disappered quickly (perhaps got partially filled). So it is definitely happening. At the same time, there are also many real walls.
Net, there is both happening.
Yeah, I remember some from the past. My point is that you can fill them fully without them having a chance to react if you have enough funds.
I see a decrease in the effectiveness of such manipulation, imo the order book influences very little anymore, even if extremely unbalanced. We’ve seen a strong downward push when bids outnumbered asks by >2:1, and now the picture has completely changed.
A thing to keep in mind is that there can also be manipulation in form a lack of bids/asks, and not only from walls. I’ve experienced that the last few weeks when supply seemed to be dried up, but when someone bought a bunch, the bots just refilled.
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To come back to topic: MtGox’s loops make it really hard to judge any charts. Does anyone know of a chart that manages to filter this crap, plus its volume?
