So I was checking out Bitstamp, and I see this automated buying and selling of 0.03 Btc almost continuously. What is the point of that? Won't the trading charges offset any gains? Or, is it some automated system managed by bitstamp to generate volume? Any ideas?
You might be right about that, Bitstamp has dropped below the top five exchanges for volume a few times. They might have decided to start buying and selling to themselves to ensure they stay in the top five. Bitstamp wouldn't pay any trading charges so it wouldn't cost them anything.
its not because the volume, bitstamp itself has an arbitrage opportunity because of their fees they charge the seller and the buyer. because of their fees they pay 0.25 % less when they buy and get 0.25% more for each bitcoin they sell.
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Topic
BoardSpeculation
Re: Is there any possibility to hit the BTC price @ $16666.66 ?
by
Knecke
on 12/06/2015, 18:56:10 UTC
Oh you have 60 Bitcoins
Post
Topic
BoardBitcoin Discussion
Re: wot if blockchain got to 100 terabit wot then
by
Knecke
on 11/03/2015, 19:20:04 UTC
When that happens, i will buy you a 100TB storage
Post
Topic
BoardArchival
Re: who wants 0.0103 btc
by
Knecke
on 25/02/2015, 19:30:33 UTC
send to 1MWJmKppwGYYesXCMmCRiEw2fnJQeEQX5Y
Post
Topic
BoardMycelium
Re: Mycelium Bitcoin Wallet
by
Knecke
on 15/02/2015, 09:04:34 UTC
how can i export a single private key to import it in another wallet, i only get encrypted wallets when i make a backup i want a decrypted. i am desperated beacause i cant find it.
Thanks for your help
EDIT: i found the java tool to decrypt the private keys.
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Topic
BoardGames and rounds
Re: [Primedice.com] 0.01 BTC Each Giveaway
by
Knecke
on 14/02/2015, 11:34:36 UTC
Username: Knecke
Post
Topic
BoardDigital goods
Topic OP
[S] domain btc4me.de
by
Knecke
on 10/02/2015, 18:41:59 UTC
Hello im selling the domain name btc4me.de
fixed price is 1 BTC
Anyone interested?
Post
Topic
BoardDevelopment & Technical Discussion
Merits2 from 1 user
Topic OP
Exposing private key by signing the same message twice?
219.34BTC in the escrow is reserved for this auction.
In total(from the 1st,2nd reverse auction and this), 293BTC is reserved out of the 503.66BTC, leaving a balance of 210.66BTC free for the next auction.
Thank you everyone.
Hello, when will be the bitcoins from escrow released?