Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20696. (Read 26623408 times)
October 12, 2015, 08:01:37 PM
October 12, 2015, 07:01:52 PM
October 12, 2015, 06:01:39 PM
October 12, 2015, 05:19:51 PM
seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?OKCoin and Huobi do not charge fees for trading, only for deposit and/or withdrawal, and interest on leveraged trading. As I recall, the shadow book was meant to cater for clients who wanted to trade on the exchange, but did not want their large orders to affect the price against them. (I may have misunderstood, and I don't know whether that makes sense.)
It's hard to see responses between all these ChartBuddys.
Thanks, I think they would be better for all if we could actually see the effects of the trades that are happening.
Right, so we are supposed to belive that while BFX volume has continued at an a consistent mostly anaemic pace for the last 2 months, OKC and Huobi have a bunch of 50k BTC orders that they suddenly decided to announce in their volume figures ...OK ....
Oh wait ...no announcement from an exchange that is being accused of faking numbers that they have a valid reason for suddenly higher numbers. OK ...
If it walks like a duck and quacks like a duck ... most likely explanation is 'it's definitely not a duck'
it's clear enough by now that these exchanges are bucket shop status, especially BitFinex
I agree (Huobi, OKC, Stamp and BFX)
The irony is that BFX appears to be the only one publishing realistic, unfudged-looking, volume numbers now! Though who controls the bid walls there and if they are just to 'protect' solvency are another question ...
A good-ol US-of-its-All-ours attempted land grab ...
October 12, 2015, 05:14:48 PM
seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?OKCoin and Huobi do not charge fees for trading, only for deposit and/or withdrawal, and interest on leveraged trading. As I recall, the shadow book was meant to cater for clients who wanted to trade on the exchange, but did not want their large orders to affect the price against them. (I may have misunderstood, and I don't know whether that makes sense.)
It's hard to see responses between all these ChartBuddys.
Thanks, I think they would be better for all if we could actually see the effects of the trades that are happening.
Right, so we are supposed to belive that while BFX volume has continued at an a consistent mostly anaemic pace for the last 2 months, OKC and Huobi have a bunch of 50k BTC orders that they suddenly decided to announce in their volume figures ...OK ....
Oh wait ...no announcement from an exchange that is being accused of faking numbers that they have a valid reason for suddenly higher numbers. OK ...
If it walks like a duck and quacks like a duck ... most likely explanation is 'it's definitely not a duck'
it's clear enough by now that these exchanges are bucket shop status, especially BitFinex
October 12, 2015, 05:12:24 PM
seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?OKCoin and Huobi do not charge fees for trading, only for deposit and/or withdrawal, and interest on leveraged trading. As I recall, the shadow book was meant to cater for clients who wanted to trade on the exchange, but did not want their large orders to affect the price against them. (I may have misunderstood, and I don't know whether that makes sense.)
It's hard to see responses between all these ChartBuddys.
Thanks, I think they would be better for all if we could actually see the effects of the trades that are happening.
Right, so we are supposed to belive that while BFX volume has continued at an a consistent mostly anaemic pace for the last 2 months, OKC and Huobi have a bunch of 50k BTC orders that they suddenly decided to announce in their volume figures ...OK ....
Oh wait ...no announcement from an exchange that is being accused of faking numbers that they have a valid reason for suddenly higher numbers. OK ...
If it walks like a duck and quacks like a duck ... most likely explanation is 'it's definitely not a duck'
Exchange volume is anaemic (excluding these wash trades) ... has been for months, and continues to be ...
Masterluc's 'Silent Phase' ...
Unfortunately this does not attract more 'hot' money, so numbers are being fudged ... Occam's Razor
October 12, 2015, 05:03:15 PM
October 12, 2015, 04:18:53 PM
Maybe I'm being naive, but huge volumes wouldn't surprise me if there are no trading fees - trading back and forth becomes worthwhile. The large hidden orders is another subject, but exchanges are known for offering this service.
October 12, 2015, 04:12:42 PM
seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?OKCoin and Huobi do not charge fees for trading, only for deposit and/or withdrawal, and interest on leveraged trading. As I recall, the shadow book was meant to cater for clients who wanted to trade on the exchange, but did not want their large orders to affect the price against them. (I may have misunderstood, and I don't know whether that makes sense.)
It's hard to see responses between all these ChartBuddys.
Thanks, I think they would be better for all if we could actually see the effects of the trades that are happening.
October 12, 2015, 04:01:42 PM
October 12, 2015, 03:01:48 PM
October 12, 2015, 02:02:04 PM
October 12, 2015, 02:00:36 PM
stop promoting your long positions in another shitcoin.
Im not promoting anything you goof. Im bringing news to the community. Well, no. Not really, you are not. You are merely repeating the same shillspeak over and over. The first time you posted the links to the Forbes articles, you could plausibly call that news. By the 8th time you posted the very same links in the very same thread, it was well past the point that it was obvious shilling.
And your juvenile name calling just makes you look petty. And juvenile. Did I mention juvenile?
You clearly spend way too much time on these forums.
October 12, 2015, 01:14:31 PM
hows everything going guys ?? did we make through the critical point yet. i thought i saw someone mention the weekend was critical ??
October 12, 2015, 01:02:14 PM
October 12, 2015, 12:46:41 PM
seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?OKCoin and Huobi do not charge fees for trading, only for deposit and/or withdrawal, and interest on leveraged trading. As I recall, the shadow book was meant to cater for clients who wanted to trade on the exchange, but did not want their large orders to affect the price against them. (I may have misunderstood, and I don't know whether that makes sense.)
October 12, 2015, 12:37:15 PM
stop promoting your long positions in another shitcoin.
Im not promoting anything you goof. Im bringing news to the community. Well, no. Not really, you are not. You are merely repeating the same shillspeak over and over. The first time you posted the links to the Forbes articles, you could plausibly call that news. By the 8th time you posted the very same links in the very same thread, it was well past the point that it was obvious shilling.
And your juvenile name calling just makes you look petty. And juvenile. Did I mention juvenile?
October 12, 2015, 12:02:12 PM
October 12, 2015, 11:01:46 AM
October 12, 2015, 10:26:54 AM
stop promoting your long positions in another shitcoin.
typical 14yr old answer. Im not promoting anything you goof. Im bringing news to the community.
Maybe if you had a brain and could analyze things around you to see potential in them and how they could potentially effect other things, youd realize BTS is the future of Crypto.
The community and ppl like u will get no where with answers like that. lol grow up u geek
Don't feed the trolls my friend.
Of course. Please tell us again about how shitshares reminds you of BTC back in 2011.
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