Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ - page 2.

target

legendary

Activity: 2282

Merit: 1041

I don't trust bots. When something AUTO is attached to a thing, its never really trusted. Trade manually, the experience of losing is worth it.

Quote from: Wind_FURY on October 03, 2018, 12:34:48 AM

So what? The Nasdaq and the New York Stock Exchange also have "High Frequency Trading" bots. Manipulation? They too have market manipulators.

Plus mind the fact that those exchanges are regulated, but they are as "bad" as the unregulated cryptocurrency exchanges.

Which proves this ETF and the monitoring of all these crypto exchanges is nothing but bullshit and we still end up as bad what they have come up years and years ago. I guess Satoshi is almost failing into making decentralized currency. I hope the decentralized exchanges still are going to work even with all the regulations implemented.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Pursuer on October 03, 2018, 12:38:00 AM

this is just another drama created by a click-bait news site trying to post something that people "click" and read. and at the end of the article you will be unsatisfied because you always read a bunch of statements that the author is assuming are correct and then makes his conclusion based on them. there is never solid proof or a valid speculation about it. they just make any assumption they want.

Or this is another FUD attempt ordered and paid by the WHALE-CUMULATORS.

Bitcoin was already going to $6700 again. The whale-cumulators didn't want that, and they were very excited to disappoint the sheep again. They sold down to $6300, and ordered their lackeys in the news to post any FUD story they can invent.

They will do this repeatedly until the sheep have capitulated. If you read my posts, you know what's coming next. Hahaha.

bigmaster23

full member

Activity: 518

Merit: 106

WWW.BLOCKCHAIN021.COM

I've never had heard of such trading bots, all I know for sure was that the market being manipulated in such a way that secret by boundaries and discretion of the creator of the said trading site.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

this is just another drama created by a click-bait news site trying to post something that people "click" and read. and at the end of the article you will be unsatisfied because you always read a bunch of statements that the author is assuming are correct and then makes his conclusion based on them. there is never solid proof or a valid speculation about it. they just make any assumption they want.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

So what? The Nasdaq and the New York Stock Exchange also have "High Frequency Trading" bots. Manipulation? They too have market manipulators.

Plus mind the fact that those exchanges are regulated, but they are as "bad" as the unregulated cryptocurrency exchanges.

Herbert2020

legendary

Activity: 1946

Merit: 1137

the first thing the trading bots do is automation, it is not automatically manipulation when you use a trading bot! you still have to have a lot of money and also you have to go with the flow of the market to be able to push it in a certain direction.
for example if you try to manipulate the price to go either down or up you will lose a lot of money because the market will go against you and crush you under its load.

PsylockReborn

member

Activity: 420

Merit: 24

https://www.ccn.com/bitcoin-price-manipulated-by-cryptocurrency-trading-bots-wsj/

Trading bots are rampant in the market. Many whales are actually using such bots to execute the trades in behalf of them doing it manually. The good thing about using bots is the absence of its emotions, unlike us we often let our emotions cloud our judgement.

Do you really think that trading bot is capable of manipulating market prices as a whole?

As what I understand about trading bots, humans are still the one who are setting it up and limiting the trade operations to be done daily. Is this really one of the factors that affect the price of bitcoin to go down? Share me your thoughts. Thanks!

Topic: Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ - page 2. (Read 323 times)