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RE: How to Fake a Top 100 Alt Coin Chart.
I'm sorry to disappoint/disagree with you, but that activity is something known as "margin bots".
They do constantly sell/buy tokens at a low amount. And they'll always outbid you by 1 satoshi whenever you try to buy/sell something.
They make money by you being impatient, they force you into buying, suprise suprise, their position. Any coin with a decent trading volume has them, and quite often more than one.
Usually those bots follow the trend however In general I'd say they're always driving price down.
Thanks for your thoughts. To me these bots seem to be moving a significant volume of traffic. In the above screen shots you can see thousands of dollars of volume. Is this normal for margin bots? I suppose this could be the result of different bots crossing (using different strategies.) but it still seems very weird.
Well, exactly 5 days ago something strange did indeed happen at bittrex - some people say it was upBit buying alts at a discount from bittrex, some say it was bittrex moving alt fees into BTC, some say it was just a colossal mistake. It's still not clear what happened.
So yes, it does seem very strange, but if you check data 1, 2, 3 months old it will be much less wild.