What's with all these bogus trades on Cryptopia? There's a script placing orders and then immediately filling itself every few minutes. Is someone just inflating the trade volume, or is something else going on? It's frustrating to not have any real market history data.
I know a couple people have told me they're day trading BipCoin.
This isn't day trading. These orders are placed and then bought/sold by the same person within a split-second. If you watch the buy and sell lists, you can see them pop in for a split second.
Dunno then. It's not me, and not a lot of people would have reason to do that. One person may have 100k bip though, someone kept mining the month we were shut down.
Could be the opposite of day trading: someone trying to reduce the spread to make it more stable in price.