marijnfs 2017-01-11 12:54:39
RIP
pistdov 2017-01-11 13:09:11
so, word is coming out from china that the PBOC audits that are coming of exchanges in china, will focus on backend code that was leaked to them by APT hackers. Having full proof that okcoin/huobi/btcc utilized high frequency trading bots engaging in wash trading (buying/selling) to themselves to drive up fake volume
pistdov 2017-01-11 13:10:51
;;tlast
gribble 2017-01-11 13:10:52
763.15
midnightmagic 2017-01-11 13:11:57
oh fer chrissake.
midnightmagic 2017-01-11 13:12:14
pistdov: #bitcoin-pricetalk
midnightmagic 2017-01-11 13:13:16
And even assuming that is true, the actual volume was still a world leader because it was able to *lead* the prices in all other exchanges in the world.
pistdov 2017-01-11 13:13:52
if any kind of regulation comes to the u.s or (non u.s)
pistdov 2017-01-11 13:14:02
theres going to be a focus on banning wash trading through code audit verification
pistdov 2017-01-11 13:14:09
because right now exchanges dont have to proof they dont engage in wash trading
pistdov 2017-01-11 13:14:12
state side, and abroad
midnightmagic 2017-01-11 13:14:16
wash trading is completely irrelevant.
midnightmagic 2017-01-11 13:14:21
Also #bitcoin-pricetalk.
pistdov 2017-01-11 13:14:59
maybe a new BIP can merge into core that focuses on preventing wash trading
pistdov 2017-01-11 13:15:11
;)
vjacob 2017-01-11 13:17:07
interesting.
TheButterZone 2017-01-11 13:23:18
wash trading? https://media.giphy.com/media/1htXWoL1WX8TC/giphy.gif
piqure 2017-01-11 13:23:19
^^^ WARNING: any URL may lead directly or indirectly to COIN-STEALING MALWARE! ^^^
