Walsoraj
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September 12, 2013, 04:11:24 AM

What's the deal with the continual sell of 1 btc every 10 seconds? Been going on for hours, prob all day.

*edit*

if you want to see what im talking about go to http://trading.i286.org/ and check the "summarize trades" option.

It's called a "bot", short for "robot". It's an application or script programmed to trade by proxy on behalf of the programmer.

**sheesh - noobs***

I was hoping for more insight. For ex, whether someone has observed this kind of bot behavior in the past before a crash or panic buy.

Jerk.

yes. in the stock market.

A continual spam of sells is typical before a crash or a rocket? Or both?

I'm curious because the past few weeks I've notice spurts (hour or so) of continual small buys (usually 0.01 or less). The current 1btc sells have been going on all day long with almost no interrupts.