Post
Topic
Board Service Discussion (Altcoins)
Etherdelta strange trades! Please try to help me solving this mistery
by
luka1987
on 25/10/2017, 18:14:03 UTC
Ok so I have bought 50000 ATM tokens on hitbtc. When I saw strange movement price i transfered all of them to Etherdelta. The mistery is there are strange things going on. I do understand how that exchange works, its not automatic and if I want to sell something the buyer must choose my trade. That is strange but ok.

What i don't understand is this: price is various, for example there are 5 transactions sold for 0.0000175 and then somebody buys it for 0.0000620 Huh?!!!!! But he can buy it for less. WHAT THE F is going on? Why are the people buying it for much higher price in LARGE AMOUNTS. It's not bot and it's not micro transaction, it's like 50-100 ethereums involved.

Can you explain me this? And of course no one yet bought my ATM tokens.. i guess Im not lucky enough