Author

Topic: what just happened? (Read 1203 times)

legendary
Activity: 826
Merit: 1001
rippleFanatic
June 12, 2012, 12:56:31 PM
#7
Looks to me like a destructive kid burning money in a hacked account.

This serves no purpose. You can't identify a trend with it, since bots or bored day-traders will compensate. At best, it produces pointless trading volume.

Could be either a bug in one bot, an unintentional bug between two bots, or one bot gaming another to intentionally drain it. Or an API key(s) stolen from some service (eg bitcoinbuilder.com) which stores them.
legendary
Activity: 1036
Merit: 1002
June 12, 2012, 12:15:56 PM
#6
Looks to me like a destructive kid burning money in a hacked account.

This serves no purpose. You can't identify a trend with it, since bots or bored day-traders will compensate. At best, it produces pointless trading volume.
hero member
Activity: 1138
Merit: 523
June 11, 2012, 07:55:38 AM
#5
It's bots trying to identify a trend with microtrades which kind of dumps this guy on charting software:

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 11, 2012, 01:53:07 AM
#4
Can someone explain to me what just happened? Did someone just sacrifice their btc?

That was a botfight.

this happened b4
they will go on trading and at one point, soon we'll see 0.00BTC buy  0.00BTC sell
kinda weird, and annoying
 

full member
Activity: 238
Merit: 100
June 11, 2012, 01:35:27 AM
#3
Can someone explain to me what just happened? Did someone just sacrifice their btc?

That was a botfight.

Oh I see... Thanks!
legendary
Activity: 1904
Merit: 1002
June 11, 2012, 01:32:55 AM
#2
Can someone explain to me what just happened? Did someone just sacrifice their btc?

That was a botfight.
full member
Activity: 238
Merit: 100
June 11, 2012, 01:32:09 AM
#1
Can someone explain to me what just happened? Did someone just sacrifice their btc?
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