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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24195. (Read 26608963 times)

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.

I guess this is old news. The anonymous BTC-like crypto coin hype peaked months ago (DarkCoin, Monero, XC, NEOS + their clones + ZeroCash which never got finished/released). They are way over the dump phase of the P$D,  the anonymity hype seems to be dried up, at least for now.

Nothing "anonymous" happens online. Period.
hero member
Activity: 588
Merit: 500

I guess this is old news. The anonymous BTC-like crypto coin hype peaked months ago (DarkCoin, Monero, XC, NEOS + their clones + ZeroCash which never got finished/released in the form of ZeroCoin). They are way over the dump phase of the P$D. The anonymity hype seems to be dried up, at least for now.
legendary
Activity: 1176
Merit: 1000

First sentence: "One of the stated strengths of Bitcoin has, from the beginning, been its ability to provide anonymity and a sense of security on the same level that cash transactions do."

Bitcoin was never designed to be anonymous. However it remains trivial to use it in such a way as to hide your IP if you are so inclined. It seems safe to assume Tor is broken now.

Tzupy you are going to need to bring some world class FUD to move the price before the auction Smiley
legendary
Activity: 1442
Merit: 1186
Whoever is operating the bot has accumulated 1750 coins already apparently and according to a redditor is throttling the purchases to prevent it moving the price upwards. We are still four days away from the auction. What does someone know? Smiley

yea this person/group has some deep pockets purchasing nearly 3 BTC every minute.
legendary
Activity: 1512
Merit: 1005
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

Some brain is behind each of them, they are not autonomous. It is just a way of saving work when you want to buy and sell small amounts, as in arbitraging or exploiting the spread. As long as there is no frontrunning, there is no problem.
hero member
Activity: 686
Merit: 500
Ultranode
Whoever is operating the bot has accumulated 1750 coins already apparently and according to a redditor is throttling the purchases to prevent it moving the price upwards. We are still four days away from the auction. What does someone know? Smiley

Buy the rumor, sell the news.
legendary
Activity: 1176
Merit: 1000
Whoever is operating the bot has accumulated 1750 coins already apparently and according to a redditor is throttling the purchases to prevent it moving the price upwards. We are still four days away from the auction. What does someone know? Smiley
hero member
Activity: 588
Merit: 500
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.

So, you don't think that it is an internal BFX bot. See, I'm thinking it is a BFX bot (FUD notice: I have no basis for this, just looks and feels that way to me).

This bot is all but discreet. Can't be a bitfinex bot.

Good thinking. Good point.

That's why this is the perfect disguise! Cool
full member
Activity: 238
Merit: 100
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.

So, you don't think that it is an internal BFX bot. See, I'm thinking it is a BFX bot (FUD notice: I have no basis for this, just looks and feels that way to me).

This bot is all but discreet. Can't be a bitfinex bot.

Good thinking. Good point.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 559
Merit: 500
tomorrow green macd candle 1 week ?
legendary
Activity: 966
Merit: 1000
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.

So, you don't think that it is an internal BFX bot. See, I'm thinking it is a BFX bot (FUD notice: I have no basis for this, just looks and feels that way to me).

This bot is all but discreet. Can't be a bitfinex bot.
ask
legendary
Activity: 1386
Merit: 1004
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.

So, you don't think that it is an internal BFX bot. See, I'm thinking it is a BFX bot (FUD notice: I have no basis for this, just looks and feels that way to me).

I would like to see that this is internal bot. In that case this means that Bitfinex wants higher prices.
full member
Activity: 238
Merit: 100
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.

So, you don't think that it is an internal BFX bot. See, I'm thinking it is a BFX bot (FUD notice: I have no basis for this, just looks and feels that way to me).
legendary
Activity: 1176
Merit: 1000
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.
legendary
Activity: 2464
Merit: 1145
Btw if the us gov would pump btc before their sr auctions would it be considered market manipulation? :C
legendary
Activity: 1442
Merit: 1186
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

Oh yea I know they're not new. I am speculating that market buy bot combined with that 500 BTC buy wall they keep throwing up and taking down indicates (at least to me) some desperation. Makes me think going short right now might not be a bad idea.
full member
Activity: 238
Merit: 100
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.
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