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Topic: Bots making price go down - page 2. (Read 3684 times)

hero member
Activity: 784
Merit: 500
January 07, 2014, 03:03:56 PM
#11
I think bots should not been allowed on stock market deleting the API for connection should do the trick and the price will be stable like table.
member
Activity: 83
Merit: 10
January 07, 2014, 02:49:47 PM
#10
People should be informed about it, since the liquidity is ver shallow, bot actions can have influence.
hero member
Activity: 784
Merit: 500
January 07, 2014, 02:43:15 PM
#9
^typical idiot bull. The bots spam tiny buys just as often, if not more frequently, than sells.

^typical "tusk lover" that don't understand how BTC stock market works
hero member
Activity: 686
Merit: 500
Ultranode
January 07, 2014, 02:24:47 PM
#8
It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

^typical idiot bull. The bots spam tiny buys just as often, if not more frequently, than sells.
hero member
Activity: 784
Merit: 500
January 07, 2014, 11:11:00 AM
#7
Bots are kind of like high frequency traders in the stock market, they can actually be helpful by helping stabilize the price and add liquidity to the market.

Hahahahahha serious?


SELL
Code:
16:01:34 965.0632 0.11
16:01:30 965.0632 0.11
16:01:28 965.0632 0.11
16:01:25 965.0632 0.11
16:01:21 965.0632 0.11
16:01:18 965.0632 0.11
16:01:16 965.0632 0.01
16:01:10 966.552 0.01
16:01:06 966.552 0.01
16:01:04 965.0632 0.01
16:01:01 965.0632 0.14669
16:00:59 968 6.01
16:00:59 965.0632 0.01
16:00:55 966.0632 0.01
16:00:51 966.06320.04200
16:00:50 968 0.01
16:00:50 966.552 0.01
16:00:45 966.552 0.01
16:00:42 966.552 0.01


After that kind of flood selling over a hour they Buy like 5 - 100 BTC one transaction when the price go high they do the same shit panic and buying low. What do You think happen when they decide to sell all of the BTC with profit all of those BTC ? Where do You see helping stabilize price ? And why the market lags sometimes? Because bots sell/buy 1000 - 0,01BTC in a second.


People that are on the BTC market looks like this when price go down.

hero member
Activity: 518
Merit: 500
January 07, 2014, 10:47:43 AM
#6
Bots are kind of like high frequency traders in the stock market, they can actually be helpful by helping stabilize the price and add liquidity to the market.

Thanks for adding a voice of reason. Bots are not good or bad, just market players the same as the rest of us.
sr. member
Activity: 280
Merit: 250
January 07, 2014, 10:40:00 AM
#5
Bots are kind of like high frequency traders in the stock market, they can actually be helpful by helping stabilize the price and add liquidity to the market.
hero member
Activity: 518
Merit: 500
January 07, 2014, 10:39:34 AM
#4
It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

Bots and auto-trading are part of the system. They don't make the price go up or down. Just play the market to make a profit.

To make a profit You need to buy low sell hight and they are making panic to buy low and sell high.

You know how all bots work do you?

Bots work to create profit, that's all. There are many algos to do that. "Buy low and sell high" is not an algo.
hero member
Activity: 784
Merit: 500
January 07, 2014, 10:05:32 AM
#3
It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

Bots and auto-trading are part of the system. They don't make the price go up or down. Just play the market to make a profit.

To make a profit You need to buy low sell hight and they are making panic to buy low and sell high.
hero member
Activity: 518
Merit: 500
January 07, 2014, 10:02:31 AM
#2
It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

Bots and auto-trading are part of the system. They don't make the price go up or down. Just play the market to make a profit.
hero member
Activity: 784
Merit: 500
January 07, 2014, 09:10:21 AM
#1
It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?
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