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RE: Why Silver’s Mysterious Flash Crash Enraged This Trader...
Great post brother, God bless!
Dropped 10% then recovered in 5 minutes, crazy.
Great post brother, God bless!
Dropped 10% then recovered in 5 minutes, crazy.
They try to explain it away with algorithms and fast computers that take advantage of a thin market but in reality we all know that it's all manipulation in order to screw the margin traders!
honestly, thats exactly what happened. You can see this on any of the exchange if you watch individual trades get moved. When golos moved from 13 cents to 18 cents, that was me, with 3 btc. Thinly traded markets and moves.
And only on one exchange, making it even more thinly traded.
The other day, I was thinking of coming up with a similar algorithm to take advantage of the thin market here in the internal market but I got distracted! LOL :]]]