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Speculation
Re: Incredibly high volume on BTC-e - Bot gone crazy?
by
odolvlobo
on
31/08/2014, 20:01:18 UTC
LTC/USD volume was also extremely high. It could have been an arbitrage play, or perhaps two dueling arbitrage bots.
Quote from: Plank on August 31, 2014, 04:16:02 PM
Yeah the bot has gone mad and this is why it happened
http://www.cryptocoinsnews.com/news/malfunctioning-bitcoin-trader-bot-causes-extremely-high-volume-bitcoin-exchange-btc-e/2014/08/31?utm_source=rss&utm_medium=rss&utm_campaign=malfunctioning-bitcoin-trader-bot-causes-extremely-high-volume-bitcoin-exchange-btc-e
The guy that wrote that article has no idea. He makes it seem like he knows, but he is just guessing like everyone else.