Topic: BITSTAMP - some strange trades (Read 1968 times)
I sometimes have to refresh the page to see the top bid get eaten up by someone with a less-than-market sell price, which is what should happen. There seems to be issues with the way the fresh data updates the order book if you leave the page on.
Orders show up on the order book temporarily, while they're being filled. Nothing to see here.
How does this explain someone bidding $4 above the ask price, when there was a large volume available at that lower price?
It's similar to a market order. I do the same sometimes during volatile times, just to make sure that my order gets filled up to my limit.
ok thanks
Orders show up on the order book temporarily, while they're being filled. Nothing to see here.
How does this explain someone bidding $4 above the ask price, when there was a large volume available at that lower price?
It's similar to a market order. I do the same sometimes during volatile times, just to make sure that my order gets filled up to my limit.
Orders show up on the order book temporarily, while they're being filled. Nothing to see here.
How does this explain someone bidding $4 above the ask price, when there was a large volume available at that lower price?
Orders show up on the order book temporarily, while they're being filled. Nothing to see here.
what sort of comment is that?
Orders show up on the order book temporarily, while they're being filled. Nothing to see here.
well $4 higher is quite a lot.
I tried market fill when I last bought ages ago and I always get frustrated since it never gets filled quickly so I wait for it to fill a bit, cancel and try again (if you leave it it takes 10mins to re-adjust)
Maybe this person got fed up with messing around with all that and decided to just go well above the asking price to get it filled ASAP.
$4 is a lot though.
edit: Another thing to say is that they also might not like having funds on the exchange and want to get in and out quickly. They also might not like the price swings.
Would be nice if we could just send funds, convert automatically whenever it's recieved and then withdraw automatically too.
I tried market fill when I last bought ages ago and I always get frustrated since it never gets filled quickly so I wait for it to fill a bit, cancel and try again (if you leave it it takes 10mins to re-adjust)
Maybe this person got fed up with messing around with all that and decided to just go well above the asking price to get it filled ASAP.
$4 is a lot though.
edit: Another thing to say is that they also might not like having funds on the exchange and want to get in and out quickly. They also might not like the price swings.
Would be nice if we could just send funds, convert automatically whenever it's recieved and then withdraw automatically too.
I'm pretty sure nothing is executed outside of "if highest bid >= highest ask then exchange" (not all-or-nothing orders).
Maybe I should just get the hell outta here and wait a week or so. Too many suspicious events.
if that is how it works, I could just buy @90 and that would be allowed LOL
How is this working anyway? If I try to sell at $110 and somebody want to buy at $105 should not the system match the bids @105 before the ones at @110?
I'm talking a difference of on average about $4
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
someone wanted an immediate fill, what is so strange about that?
People were selling 20+ coins at $3-4 cheaper than these bids...
yep, this is why I'm questioning it...
lower bid orders WOULD have been filled
Yup, I agree it's really weird
I'm talking a difference of on average about $4
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
someone wanted an immediate fill, what is so strange about that?
People were selling 20+ coins at $3-4 cheaper than these bids...
yep, this is why I'm questioning it...
lower bid orders WOULD have been filled
I'm talking a difference of on average about $4
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
someone wanted an immediate fill, what is so strange about that?
People were selling 20+ coins at $3-4 cheaper than these bids...
I'm talking a difference of on average about $4
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
someone wanted an immediate fill, what is so strange about that?
I'm talking a difference of on average about $4
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
so most bids were around 106/7, and a few dropped in at 110/1... the market momentum was down, they could have waited for even cheaper
Also confused by this
Some big money revealing itself on bitstamp in the last 30 mins or so...
Some big money revealing itself on bitstamp in the last 30 mins or so...
what benefit would someone derive from a bid above the highest bidding price in terms of manipulation?
Or, I mean, they might just be bidding? Cuz, you know, if you bid at the same price as someone else, yours won't get executed immediately?
what benefit would someone derive from a bid above the highest bidding price in terms of manipulation?
I saw a few in the order book, and the price actually took an upswing at one point...
Would it be a case of a a few small bids push the price up temporarily, and then one massive sell gets to sell at a higher price?
I saw a few in the order book, and the price actually took an upswing at one point...
Would it be a case of a a few small bids push the price up temporarily, and then one massive sell gets to sell at a higher price?
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