Post
Topic
Board Exchanges
Re: And we have another Bitfinex Hookey THIEVING Short Squeeze!
by
MatTheCat
on 22/06/2014, 13:49:19 UTC
MatTheTwat is clearly making up things and deliberately cutting pieces to prove his own theory.
That's why I asked him to place a bet on it.
But you were faster than me in exposing his scam.

Good job mate!

Giancarlo
Bitfinex Team

Incredible.

You are actually starting to sound like a naughty schoolboy caught in the act trying his darnest to bluff his way out of it. 'Exposing my scam'? Am I trying to swindle money or BTC out of someone here?

Let's keep it simple.

My stop loss order was set to $600.11 for a mere 6 BTC.

There were many Ask orders in the wall between $600 and $608. Hundreds of BTC infact.

My stop order however was triggered at $608.13, which was the very uppermost limit of that 319 BTC chunk.

Was I simply supremely unlucky in my stop loss getting punted to the very back of the queue despite it being placed a ball hair above a large 250 BTC Ask wall, with plenty market depth above it right up until the split second when the $600 threshold was broke? Is that what you are saying happened? If so then I would suggest it happens a lot on your exchange! Hence why the Bitfinex charts are characterised by all these wild price spikes and dips when compared with Bitstamp price action?

Pesky large market orders that come in out of the blue milliseconds before a raft of Stop Orders are due to be hit! Bah Humbug!