Quote from: cannabanana on April 23, 2016, 06:51:15 AM

Quote from: bitseedmike on April 23, 2016, 06:48:57 AM

Anyone know how the large spikes of trades are happening at regular intervals on Yobit? I just don't see enough buys and sells on the orderbook within the price range to support the reported trades, unless very large orders are placed and immediately traded to create the spikes.

it seems fishy IMO. I never see any large orders for sale but every once in a while there's like a 25 BTC buy that happens all at one price. I check there and have seen it to be the case in the last 3-4 spikes.

I don't think it happens in regular intervals as I have seen it happen twice in 1 day.

but now that you mention it, they do happen around the same time every day.

just looking at the orderbook there's not even anything for sale more than like 1.5 btc worth but every day like a 50 BTC buy at the lowest price.

I doubt yobit themself is involving at the trading and pumping the price. It looks fishy. Don't trade there. The coins are coming out soon.

Sn0wMan

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