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Tx f452940a0aaea0caeaa4c7634bd1ae382cbfa7fd@3448840

Included in block 3,448,840 at 2016-07-23 15:37:21 (UTC)


Raw transaction

ref_block_num40,331
ref_block_prefix3,081,582,988
expiration2016-07-23 15:37:30
operations
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0.comment
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parent_author""
parent_permlinksteemit
authorusername
permlinkpredicting-large-price-drops-on-poloniex-bittrex
title"Predicting large Price Drops on poloniex/bittrex"
body"<html>
<h1>Predicting large Price movements on Poloniex &amp; Bittrex&nbsp;</h1>
<p>I found that by following <a href="https://steemit.com/@poloniex/transfers">Poloniex</a> and <a href="https://steemit.com/@Bittrex/transfers">Bittrex</a> hotwallets, it is possible to predict large price movements. If you noticed, most users who earn steem dollars will liquidate their earnings into Bitcoin. If you have the following information it can be profitable with the right trading techniques.</p>
<p>Take a look at Poloniex's one for example:</p>
<p><img src="https://www.steemimg.com/images/2016/07/23/figure15e936.png" width="1366" height="768"/></p>
<p>It takes approximately 10 minutes for a Transaction to show up on Poloniex. We can see a Deposit of 4,000 Steem Dollars and 1,524.&nbsp;</p>
<p>so not long after, we see this ladies and gentlemen:</p>
<p><img src="https://www.steemimg.com/images/2016/07/23/figure2376fe.png" width="942" height="628"/></p>
<p><br></p>
<p>Yep, there you go! If you knew about a sudden price drop, you could;</p>
<ul>
<li>Place a Minus 5% below market price bid, then transfer steem dollars into steemit's built in market place.</li>
<li>Send the steem you just purchased for 5% cheaper back to the exchange and sell for ~5% profit from your initial investment.</li>
</ul>
<p>Doesn't have to be exactly 5%, this is just an example. I'm sure some of you can think of many different trading methods to make use of this data.&nbsp;</p>
<p><br></p>
<p><br></p>
<p>#bitcoin, #poloniex, #bittrex, #steemit, #steem, #markets, #money, #life</p>
</html>"
json_metadata{"tags":["steemit","bitcoin","poloniex","bittrex","steem","markets","money","life"],"image":["https://www.steemimg.com/images/2016/07/23/figure15e936.png","https://www.steemimg.com/images/2016/07/23/figure2376fe.png"],"links":["https://steemit.com/@poloniex/transfers","https://steemit.com/@Bittrex/transfers"]}
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voterusername
authorusername
permlinkpredicting-large-price-drops-on-poloniex-bittrex
weight10,000
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transaction_idf452940a0aaea0caeaa4c7634bd1ae382cbfa7fd
block_num3,448,840
transaction_num0