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Topic: BTCD is no more - page 177. (Read 1328507 times)

hero member
Activity: 546
Merit: 500
PGP 9CB0902E
November 01, 2014, 03:37:01 PM
BTCD was added to alcurex.org and trading on it will open shortly.

AlcurEX OY is a registered cryptocurrency exchange based in Finland.

They provide trading against USD, as well as USD deposit/withdrawal
and leverage trading aswell, one of the few exchanges to provide such a tool for crypto daytraders.

https://alcurex.org/index.php/crypto/index
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
November 01, 2014, 03:05:57 PM
I think it is awesome you guys are fighting the bots.  If a few people team together, I think you could take them out.  My pockets are pretty light though. hahaha
member
Activity: 95
Merit: 10
November 01, 2014, 01:20:51 PM
Hmm definitely active bot on trex... Just for fun I was buying a few BTCDs with market orders, but just a few coins at once, and immediately new sell orders would appear in place of cleared orders...



It is just question how much fuel this bot have...

I wanted to buy a few btcd's anyway, so at least I was annoying the bot for a while...  Grin



legendary
Activity: 3570
Merit: 1126
November 01, 2014, 01:19:03 PM
Sorry for asking but is the new BTCD wallet out yet? I still have a standard wallet...is that the latest?

Yes, currently that is the only one available. Development of the next generation wallet with SuperNET integration is in the final stages AFAIK. Someone else may be able to provide more details.
legendary
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
November 01, 2014, 01:15:14 PM
Sorry for asking but is the new BTCD wallet out yet? I still have a standard wallet...is that the latest?
sr. member
Activity: 256
Merit: 250
November 01, 2014, 12:13:41 PM
Is there anyone who wants to sell some BTCD for NXT?


Get your order on BTER, there is NXT/BTCD trading pair
EDIT: Although, I think most people will hold for BTCD for dear life nowadays.
legendary
Activity: 1206
Merit: 1000
November 01, 2014, 08:49:38 AM
Hope everyone who 'trick or treated' is over their candy hangover Cheesy

Much thanks to James for battling the bittrex bot!  I've taken notice of this bot lately myself; I'm eager to see how this plays out......

Wishing all a wonderful weekend Smiley!!

123,609
legendary
Activity: 1176
Merit: 1134
November 01, 2014, 05:23:11 AM
Well, this explains a lot. Just like Willy pushing BTC prices up on Gox. An anti-Willy bot... 'Wally'?
Are there any alts that haven't suffered a Wallying - is this personal or just someone making money off the whole alt market indiscriminately?
I suspect the latter
member
Activity: 93
Merit: 10
November 01, 2014, 04:38:12 AM
Is there anyone who wants to sell some BTCD for NXT?
legendary
Activity: 1764
Merit: 1031
November 01, 2014, 04:04:24 AM
Well, this explains a lot. Just like Willy pushing BTC prices up on Gox. An anti-Willy bot... 'Wally'?
Are there any alts that haven't suffered a Wallying - is this personal or just someone making money off the whole alt market indiscriminately?
legendary
Activity: 1176
Merit: 1134
October 31, 2014, 08:56:38 PM
Not sure, but now that the bot is low on BTCD, it seems to be starting operations on the bid side. so maybe it works both directions?!

That would make sense. When it runs out of ammo, it has to reload. Now that the price has broken all the technical analysis downtrend indicators with a strong uptrend, maybe the bot will just start pushing the price up for a while.
I havent paid much attention to the price last couple months and this annoying bot wasnt around then.

after all this battling the bot, I need to rest for a bit before debugging the last part needed. telepathic transfers used to work, but I must have made some change along the way, but too tired to remember what it was. Shouldnt be too hard to find and fix. I got the teleport all happy on the send side, so once the telepathic send works, the final piece of the puzzle is the receiving and properly processing the telepod. The reception used to work, but probably got disconnected along the way too.

James
legendary
Activity: 1176
Merit: 1134
October 31, 2014, 08:16:55 PM
There is a bot that is ACTIVELY manipulating the price.
quite effectively too.
If you look at the price on bitcoinwisdom, you will see that there is a pretty even spread of asks all bunched together, within 10 satoshis!

About 5 BTC. This makes a barrier and also crowds out the orderbook so you cant see what is really going on. It is also chaging things several times per second to create the impression of a lot of activity. What it does is pushes the price down by clearing out small bids and making lower and lower asks.

Earlier there was about 10 BTC in 30+ orders around .0049 and 3 BTC between that and .008

So, there is no investor panic going on. It is just one guy running a bot. And he is doing this on many different coins.

His game is this.

Have the bot on bittrex and cryptsy, but run just one of them at a time. Create some FUD push the price down on one (easier to create fear, especially in a bear market) then as people get convinced everybody is selling, they start selling. Remember this is just happening on one market. So soon the sell price on one exchange is lower than the buy price on the other exchange where the bot is idle. Guaranteed profits! Then the bots switch.

so first one exchange price is pushed down. arbitraged, then the other. Doing this it creates these mysterious price declines as we are making such good progress. All the way down to .005! But there was really very little for sale below .008 as this operation is being done on dozens of coins, so only so much budget per coin.

Now this bot is not caring about price at all. Whatever the price is, it just picks the exchange with the lower price, pushes is down until it can arbitrage. The arbitraging evens the price out and then the pushing starts again. Now this bot stays away from even a 1 BTC wall from what I have seen and certainly anything larger it stays about 10% away from. However if there is no big wall, it happily startings pushing the price down, even filling some orders if they are small enough.

These bots are probably on autopilot, so that means a clever person will be able to trick the bot.

tl:dr now that whale dumper is gone, recent price decline is caused by one guy's bots and a few BTC wall will keep it at bay. Maybe we can come up with a way to beat it and win 1 BTC per day from it. then it will certainly go away

James
legendary
Activity: 3570
Merit: 1126
October 31, 2014, 07:17:54 PM
The latest shift for the BitcoinDark multipool paid out over 60 BTCD.

Cheers!
hero member
Activity: 490
Merit: 500
0_0
October 31, 2014, 03:51:58 PM
I saw for the first time in many years the dance of joy in bittrex. Cheesy

More big dance, convinced that waiting in the second half more !!

arigatou ^^

^_^
newbie
Activity: 53
Merit: 0
October 31, 2014, 03:38:41 PM
I saw for the first time in many years the dance of joy in bittrex. Cheesy

More big dance, convinced that waiting in the second half more !!

arigatou ^^
legendary
Activity: 1610
Merit: 1000
Well hello there!
October 31, 2014, 03:36:11 PM
Just allowed me to place a small buy order for BTCD on bittrex.
figured it out
there is an "immediate or cancel" mode that seems to be a new feature and somehow it got selected
so no bittrex conspiracy, just my not noticing the new button
lol...ok, selling my lil stash of btcd because of this one comment alone!  /*kidding of course*/
legendary
Activity: 1176
Merit: 1134
October 31, 2014, 03:32:47 PM
Just allowed me to place a small buy order for BTCD on bittrex.
figured it out
there is an "immediate or cancel" mode that seems to be a new feature and somehow it got selected
so no bittrex conspiracy, just my not noticing the new button
hero member
Activity: 490
Merit: 500
0_0
October 31, 2014, 03:27:14 PM
Just allowed me to place a small buy order for BTCD on bittrex.

it doesn't allow me to sell on bittrex Sad
member
Activity: 101
Merit: 100
October 31, 2014, 03:24:21 PM
did I mention I am pretty sure I will get a telepathic teleport working over SuperNET today?

James

Thats freaking awesome news!!!

Hodl the line folks the finish line is in site, then the dividends will really kick in  Cool
legendary
Activity: 1610
Merit: 1000
Well hello there!
October 31, 2014, 03:22:29 PM
Just allowed me to place a small buy order for BTCD on bittrex.
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