Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 03/09/2015, 19:18:45 UTC
So Bitstamp is now also faking volume?

What's your evidence?  Is this pure FUD spreading disinformation?

Haven't you noticed the 49.99 buy and sell for weeks now? Obviously irrational trading which points to it being an inhouse bot run at stamp to pump up volume. Why shouldn't they do it? The chinese exchanges have been doing it for years.

I guess that I do NOT follow that closely.

Can you explain a little more about how the 49.99 works?

Is the 49.99 on the books?   Are you referring to dollar value or bitcoins? 

how often is the 49.99 trading?  Where can you see this play out? 

There can also be bots that are run outside (so a bot does NOT have to be an inside job).  Accordingly, what would be your evidence that this particular bot (or trading pattern) is based on inside manipulation?

I do understand the motive to some extent but getting caught remains a very big blow to credibility, so I doubt that a big exchange like bitstamp that is rising in credibility would want to jeopardize its credibility based in a way in which they could fairly easily get caught.