Author

Topic: bitstamp facing some sort of algo strike? (Read 664 times)

sr. member
Activity: 490
Merit: 250
November 09, 2013, 01:43:04 PM
#2
People frequently spam small transactions in order to manipulate the "last price" and/or candle direction to get people to make dumb trades for their own profit.

sr. member
Activity: 294
Merit: 250
November 07, 2013, 05:21:37 AM
#1
not sure what to call it

algo trades, or algo strikes

its where the prices rapidly crash/spike a few dollars and from the main page, a quick succession of trades, usually below 0.10btc, gets filled.

prices then recover back before it happens again.

it is not due to 1 guy selling a large order and bitstamp fills it at any price it can right?
Jump to: