4 ms·
Now that's a decent hypothesis. An exchange wanted to create an illusion of high liquidity, they wrote a stupid bot, which worked in unexpected ways, they had t
by bufferoverflow 9y ago
Now that's a decent hypothesis. An exchange wanted to create an illusion of high liquidity, they wrote a stupid bot, which worked in unexpected ways, they had to shut everything down.
- anonytrary 9y agoIt's funny because I was on GDAX (looking at it) when the price of BCH jumped to over 9000. It didn't "start" at over 9000 like the "tape" suggests. Right when it was added to the exchange, it was at maybe 4000. Then, a series of jumps occured in a timeframe of about 1 second and the price was at 9500 or so (or was it 8500?). Anyway, clearly my memory is spotty, but I found that very strange.
- moab9 9y agoyour memory is right. it was showing both those numbers at the same time. one on the chart the other on the bid. made no sense.
- anonytrary 9y agoOne was the last price, the other was an average of some sort.