If you ever wanted to see how such thing works, now is the time to watch it happening life!
Massive dump of that wrong spelled Jocker coin (not Joker!) at Yobit. Huge volume, ~ 44 BTC today and someone started buying at 1 Satoshi every few seconds, first 1 coin, then 25, now 36. Let's see how that continues.
Got myself some for 1 Sat with my gambling money, maybe can double the bet, if not, no harm done :).
https://yobit.net/en/trade/JOCKER/BTC
Enjoy the show!
Obviously a bot, speed increased. This thing will make the sell orders for 1 Satoshi disappear soon. Curious what happens next, continue with 2 to suck the order book empty from the bottom? Then massive pump I guess and throw all those little Satoshis under the train :)
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The bot continues to buy at 2 Satoshis.
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And now the bot suddenly stopped, after pumping some 44 BTC into this Jocker thing.
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Now the coin was left at 1 satoshi. No bot... do you believe the coin wil be pumped again until 1 btc or at least 400 satoshi?
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