/biz/ - Business & Finance

It's a logical fallacy to backtest a program. The guys here who are working on it say they can make something work backtested, but it never pans out.

They have to play it in real time and be really patient, but they're on salary so whatever. That's really all I know about programming, it's pretty hush hush.

>>5166628

There's a lot of ways you can artificially inflate an asset.

If you are a high frequency trader (HFT) you can put in a bunch of false orders in.

Example: You put in a buy order for $1,000,000 when a stock hit's $100 and when the exchange goes to fill your order it bumps the price up to $101 for the next guy to buy.... the catch is.... your computer is so fast, it took your buy order away before the exchange could realize, so now you just fucked some guy into buying for $101. If you can do this all day, then you can make it look like there's lots of buys when there aren't any.

Another thing they're doing is putting 1,000,000 in cash in one account and opening another account with a 1,000,000 worth of bitcoin and just buying their own fucking bitcoin. You just swap the coin into your other wallet, but everyone sees a huge buy order and tries to follow you, or algorithms do.

Tether also inflates bitcoin because you can use leverage off of it. There's a few more ways, but I feel like I should answer other people too.