Are you guys watching the tradebook on gdax? Some fucker put a bot that is buying 0...

Are you guys watching the tradebook on gdax? Some fucker put a bot that is buying 0.001 every time someone else's bot sells 0.001, its fucking hilarious the bots are going nuts, someone is losing money from this. What the fuck does this mean?

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I'm guessing a gdax employee is involved. Otherwise nobody would make money off that from fees. Insider trading, for public view kek

Someone is trying to ddos to protect their shorts. Buy now it will spike up after this shit is over.

nice quads.

inside trading indeed.

your quints should tell you-- it's probably the same fucking person on both sides. derp.

>not selling your 0.001BTC and immediately buying back

it's like you want to stay poor

Kek this is hilarious

artificial volume pump?

this

I'd say this would be it, but can selling/buying 0.001 back and forth actually increase volume that much? It's a small amount

That's true, but I guess it depends on how many bots are doing this, and whether or not the order book can keep up to show it accurately. Does volume ever take trading frequency into account? Or is it just raw "number of BTC traded"?

WTF IS GOING ON AHHHHHH

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Either way, its gotta be literal GDAX employees, or someone with highest priority business account on GDAX because anyone else would lose money from this from fees.

It would make more sense then if it were 'random' and larger amounts right?

maybe someone is testing his bot using the lowest possible trade amount

bump

The bot just buys 1 up or 1 down on the lowest amount possible to influx the charts looking like it's going up/down

Practically free money

fuking whales

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hft traders get paid to provide liquidity, even if they sell at small loss overall while trading they get paid more from the exchange itself

You see things like this on binance all the time, not sure what kind of conclusion to draw from this however

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That the price is being propped up by massive amounts of wash trading.

And it’s STILL dumping.