billyjoeallen
Legendary
*
Offline Offline

Activity: 1092
Merit: 1006


Hide your women

billyjoeallen
View Profile WWW Personal Message (Offline)

Ignore
January 06, 2015, 08:16:26 PM

There's a bot at bfx selling between 0.4 and 0.8 every few seconds. Maybe it's shorting actually, not sure

um no, there is a bot putting in very small bids piling on top of each other. This is why the price is going UP with red candles. Smart buyers with limit orders and dumb sellers with market orders. You pay less for limit trades and you also get to buy more with less slippage.

I wouldn't read too much into this one way or another. The volume is so low it could mean anything or nothing.