Who is buying?
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@kelsey said in Who is buying?:
“bittrex is full of bots on anything thats moving.”
Love this phrase… Perfect quotation…
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One of the funniest things traders can do, is test out bot behavior so patterns are found. Then, take advantage of those patterns to discover potential algorithm nodes/conditions that can be manipulated and drive the bots crazy when the whales least expect it. Although a pretty rare possibility, buuut it might worth it sometimes.
Not that much for profit, but rather just for the lulz.
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@Moonman : yeah, really truth.
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@AmDD said in Who is buying?:
Someone is playing on Bittrex at the moment. I put a small order in just to top off my wallet to a nice even number, part of the order processed and a bit later I look and see pages and pages of 50FTC buy orders.You can see them as far down as 1137sat.
:expressionless: just saw a lil-bit-tiny-space for ‘arbitrage’-opportunity…but d ‘windows’ is no more…:sob:
*by d way, hows Bter.com situation, currently…?
got problem wit ‘withdraw’ thing before…
any updates…?
Bter.com ‘safe’ for ‘trading/exchange’…? -
Just to say on Bter that, the worst is that important statistical sites like coinwarz use Bter for their count.
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I used to trade on bter, but then i took an arrow to the knee :p
I am currently trading mostly on bittrex. For a variety of reasons i find a company registered in the US more reliable. Of course, nothing is a guarantee, but the few years of bitcoin and crypto history show us that CN exchanges were not that reliable so far.Addendum:
I remember when i just barely (<10days) managed to take out my funds from cryptsy… That was reaaaaaly close…
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Today someone play with bittrex’s bots… :grinning:
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@Moonman said in Who is buying?:
I remember when i just barely (<10days) managed to take out my funds from cryptsy… That was reaaaaaly close…
HA HA! I have a similar story. just as I withdrawals started going funny I managed to get all my FTC out…few days later…Cryptsy was gone.
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@aciddude I lost 2+ BTC in dash to cryptsy, but that is par for the course…
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Lost like 50k Doge and other low coins, but yeah, were too lazy to store them local, thats what you get for lazyness .
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This Bitcoin fly works against us. C’mon Feather You can do it!
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Hi SimonTower, someone (bots…) try to drop down the price but massive volumes goes up the price… maybe you has the good way…
I was study with friends with a probabilistic software in the bank, for the diffusion, the visibility of the ftc market and the probable distribution of the blockchain, the price of the ftc now may be 15000 satoshi. But we know… bots are speculative. -
@xonar Look at that 19800.com. Our half of volume is there. Somebody every couple of days make a +20% gain always at same time (01:00-03:00 GMT)
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@SimonTower said in Who is buying?:
@xonar Look at that 19800.com. Our half of volume is there. Somebody every couple of days make a +20% gain always at same time (01:00-03:00 GMT)
Well spotted. I feel like there’s something wrong with the 19800 volume. I dont think they have trading fees…I cant confirm for FTC but it used to be this way for BTC.
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If today’s/yesterday’s drop is a correction and overall trend keeps its momentum (doesn’t break the lower channel limit), next rise will prolly reach about 2700sats.
At least from the classical TA point of view, minus the bots :p -
19800.com doesnt even trade in BTC anymore…so that’s FTC directly to CNY similar to cryptsy at FTC/USD…
I have no real feelings on this, it just seems kind of odd. a few months back they definitely did trade in BTC. Besides feathercoin they have a few other alts as well.
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@aciddude It makes sense, because the funding mechanism works by depositing crypto or CNY. People get a deposit bonus of 0.5%, but every withdrawal takes 0.5% off as well. Having the trades in normal currency could attract a larger customer base, because most people don’t like working with fractional amounts (more than 2 decimal places).
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Interesting day today. Btc dumping. Ftc rising.
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Almost every reasonable alts made an exponential rise in the last 2-3 months, but FTC only rising steadily. Is it normal? I thought reach more than 10k in april.
