Author

Topic: Who's bot? 0.0123 trades (Read 1286 times)

legendary
Activity: 1904
Merit: 1002
December 31, 2011, 01:12:24 PM
#9
Maybe it is a sign that more sophisticated traders are entering the market?

sophisticated traders with a sense of humor. c'mon; 0.0123?  LOL!
I know, right?  I watched a thing on Youtube, I think it was Max Keiser (edit: nope it was a TED talk), where he explained that there are big dogs who go through great lengths to hide a transaction of a million shares.  They don't hide it in a bunch of transaction of 0.0123...it's a very randomized pattern.

Maybe those aren't their only trades.
hero member
Activity: 630
Merit: 500
December 31, 2011, 08:31:42 AM
#8
Maybe it is a sign that more sophisticated traders are entering the market?

sophisticated traders with a sense of humor. c'mon; 0.0123?  LOL!
I know, right?  I watched a thing on Youtube, I think it was Max Keiser (edit: nope it was a TED talk), where he explained that there are big dogs who go through great lengths to hide a transaction of a million shares.  They don't hide it in a bunch of transaction of 0.0123...it's a very randomized pattern.
legendary
Activity: 1764
Merit: 1002
December 31, 2011, 07:14:30 AM
#7
Maybe it is a sign that more sophisticated traders are entering the market?

sophisticated traders with a sense of humor. c'mon; 0.0123?  LOL!
hero member
Activity: 1138
Merit: 523
December 31, 2011, 06:43:02 AM
#6
Quote
Maybe it is a sign that more sophisticated traders are entering the market?

Absolutely +1  Grin
zby
legendary
Activity: 1594
Merit: 1001
December 31, 2011, 04:28:27 AM
#5
Maybe it is a sign that more sophisticated traders are entering the market?
hero member
Activity: 630
Merit: 500
December 31, 2011, 04:25:35 AM
#4
They are obviously buying... would you prefer they spike it?
Uh, yes actually.  I make money when the price rapidly moves up or down.  Not when it stays flat.
legendary
Activity: 1904
Merit: 1002
December 31, 2011, 03:32:54 AM
#3
They are obviously buying... would you prefer they spike it?  They obviously think they can get better prices by giving people time to place asks.  Of course, if too many people catch on the asks will back up and they will have to change strategy.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
December 31, 2011, 03:26:51 AM
#2
As long as they keep buying, I'm happy.

BUY BUY BUY!!
hero member
Activity: 630
Merit: 500
December 31, 2011, 03:21:24 AM
#1
Who the hell's bot is mucking up shit with the endless 0.0123 BTC trades?
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