A question: the add NXT-B5T3-ZTUQ-NWGM-BL3B8 buy and sell ORA stake on the AE all the time(at very close price).Is he manipulating the market or something?I wish he is not in the ORA team...
Sorry my mistake , he just keep buying
Market making isn't really manipulation and is generally considered a healthy activity that adds liquidity to a market. The more people competing to make a market, the lower the spread generally is. Which saves both buyers and sellers money.
My mistake,I thought the guy buy and sell around 0,00255, there is hardly spread(from the trade history and the ask).But the guy just buy.
If a guy buy and sell at the same(with really narrow spread) then we have reason to regard this as manipulation(to make up vol to attract attention or something).
But the guy just buy, this is the good thing.....