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Topic: btc-e trading bot - massive volume - no slippage - BS - page 2. (Read 2032 times)

hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Do you guys think there could be any money made by tricking that bot, since it seems to be rather predictable? I haven't quite grasped the whole 'strategy' behind it, and am mostly wondering this out of curiosity Cheesy
hero member
Activity: 518
Merit: 500
Trust me!
we had that one few months ago, and price dropped 200$ after it stopped operating.

Could you elaborate? Do you think this is some panic bot or something? I don't quite recall the incident you're pointing at. I guess a $200 drop nowadays would be quite big! It would almost mean cutting the price in half!
legendary
Activity: 2772
Merit: 1028
Duelbits.com
we had that one few months ago, and price dropped 200$ after it stopped operating.
legendary
Activity: 2268
Merit: 1278
Don't think I have seen btce with higher volume than stamp and finex before. Definitely something fishy going on.
sr. member
Activity: 266
Merit: 250
Looks like some bot is buying and then selling thousands of BTCs to itself on btc-e.

Note there is no slippage.

Looks to be very fake/fishy...


Edit: to break the bot just buy the btcs off of it when it sells and it will be forced to buy more btcs from other people since it didnt buy from itself = slippage. The price will then go up.
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