Every time this guy shows up on the Bid, it's time for STEEM to move up

in hive-148441 •  5 years ago 

I've noticed a pattern over the last several weeks as it relates to STEEM...

Someone shows up with a roughly 130k bid on STEEM right around the time it starts moving up.

It's like the bid shows up to show strength and then orders start getting hit on the ask, and the price of STEEM starts being walked up.

It's happened multiple times over these past few weeks and it's happening again right now.

Check it out:

(Source: https://bittrex.com/Market/Index?MarketName=BTC-STEEM)

It's interesting that it's usually around that same number on the bid (that 130k number), even though there are more orders around that one as well of decent size. That specific one tends to stand out.

Whoever it is, hopefully they have plans to push STEEM a lot higher than the current levels! :)

Stay informed my friends.

-Doc

hive-148441 steem steemit crypto steemleo trading life blog
5 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$23.03
  • Past Payouts $23.03
  • - Author $12.66
  • - Curators $10.38
291 votes
9
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  5 years ago 

    I've noticed that one, too... and now that you pointed it out, it does seem like there's a pattern there. Seems to be programmed to stay juuust far enough from triggering any actual buys... but always near the top so it looks impressive...

    Of course, Bittrex accounts only for a small portion of the overall Steem volume, but still...

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  5 years ago 

      Justin?

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        [-]
          ·  5 years ago 

        Could be him or one of his minions... Can't be really sure though, could be just some whale who doesn't like withdrawing all of his/her coins to own wallet.

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          [-]
            ·  5 years ago 

          Interesting observation, any thoughts on this being a bot or is it’s behavior more human like in your experience?

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00
            [-]
              ·  5 years ago 

            A human would put the price closer to existing orders to maximize profit... Bot usually puts it at certain percentage above worst order.

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            $0.00
              [-]
                ·  5 years ago 

              2 years ago steem jumped (just for a "second") to over $15. would be nice to see it again :D

              Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

              • Disagreement on rewards
              • Fraud or plagiarism
              • Hate speech or trolling
              • Miscategorized content or spam

              Submit
              $0.00
                [-]
                  ·  5 years ago 

                If Bittrex would still allow keeping orders on the book for infinite amount of time, I would put enough Steem at high price and wait for the pump to happen again... About 2 years ago when Steem did go to around 7 USD, I did have sell order in Bittrex set and waiting...

                Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                • Disagreement on rewards
                • Fraud or plagiarism
                • Hate speech or trolling
                • Miscategorized content or spam

                Submit
                $0.00
                  [-]
                    ·  5 years ago 

                  Most likely a trading bot...

                  Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                  • Disagreement on rewards
                  • Fraud or plagiarism
                  • Hate speech or trolling
                  • Miscategorized content or spam

                  Submit
                  $0.00
                    [-]
                      ·  5 years ago 

                    will see

                    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                    • Disagreement on rewards
                    • Fraud or plagiarism
                    • Hate speech or trolling
                    • Miscategorized content or spam

                    Submit
                    $0.00