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.
Topic: bitstamp facing some sort of algo strike? (Read 660 times)
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?
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?
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