Topic: [LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast - page 230. (Read 368579 times)

im not a big player but been around long enough to see when something is being manipulated and in my opinion theres CLEARLY someone or group that is doing just that to LTCD

Bots are good for the financial markets because they are more liquid. someone  set a bot with $1mill trading usd/eur and not even impact it. but cryptos are not liquid enough for these bots.constantly trading.

Bots are used to make money without having to sit at a keyboard and watch the market happen. Bots are also used to manipulate a coin upward or downward.

The bots on Cryptsy and Bittrex right now are set to drive the price down. Until the bots are killed by being bought out COMPLETELY or until the bot owner decides to turn them off, the price will keep being pushed downward. During this time, miners dumping and panic sellers will set their sell orders cheaper than the bot (not even knowing it is a bot that they are playing against) and thus driving the price even lower.

As miners continue to mine, each day they bring in less and less coins. To make a consistent income, the price needs to rise just a bit every day. When they undersell the low order, not only do they have less coins - but each coin will make them less money. Most of the miners don't get it. They think they have to sell low and sell now before they lose any chance at ROI. If they would collectively get a grasp of what they are doing to themselves, and price upward, they might just see an ROI plus some profit before their rigs become obsolete and thus a net loss.

This will cause potential longer term investors to turn away from the coin because it will look weak.

If instead, everyone set their sell order HIGHER than the current sell order, just by a little bit, the bot will end up being the low-baller and people like me with some BTC to throw around will buy out the bot and let the coin grow. Then all the little guys with just a couple bucks in LTCD will be able to sell higher and actually maybe double or triple their money. Longer term investors will take note and buy in, driving it up even more. Wouldn't be hard for a little guy to turn 10 dollars into a couple hundred within a week, if the little guys would just get a clue.

Well, I just hopped into this as soon as it started going down. In some sense; the bot reminds me of when ASICs and Scrypt ASICs got introduced. Man, what a storm went on there.

What's this thing about a 'bot'? Is it a trading bot, like the ones on Cryptsy or no?

I still don't understand how these bots work and why you would use them. Maybe because I don't have much to play with, I don't want a program screwing around with it. That, I have never seen one in use. Maybe it works for the big fish and benefits them in some way. How do you beat the bot at it's game?

that bot screwed everything up.

whoever has that bot running really messed up there.

Rehardless of price our daily volume is quite good for a 2 week old coin. Better than some old alts

Yeah, for a while there, I thought I noticed a bit of help coming my way.

Well, thanks for trying. At least we'll be able to sell what we bought in just a few more days - hopefully for at least 5% gain over what we paid.

Anyhow, that's a couple-few hundred thousand coins out of their hands now. Safe in my pocket to be parcelled out in small amounts across several exchanges on Tues or Wed.

The 2-day new coin flip-freaks will move on to the next one soon, and then it will turn upward again.

i swear i was helping on that range.. but indeed the panic sellers took the overhand  

Yah, I can draw them a picture and they still don't get it.

I was buying it upward and got as far as 0.00001060 then they greedy nickle and dime kiddies got it the way, then the bot started respawning from the pieces I hadn't killed yet, then the kiddies started undercutting the bot. Meanwhile, I was still trying to buy it upward. But the kiddies ended up getting it back down into the mid 0.00000900's

naaah.. just lil aggitated   and no DONT sell

No.

If you and everyone else would stop underselling the bot, and let somebody kill it, you can then sell later today at anywhere between 0.00001500 and 0.00003000 for a lot more than if you panic and wussy out right now.

Does it seem like I'm getting pissed off yet?

let them sell it out 1 sat wont be ther for long. ill buy a shit tone more

lets all jump in and break this mechanical piece of crap..(i mean the tradebot  )

What ?! So this coin will be dead soon ? Should e sell all my coins ? :x

damn

it's sad to see this poor coin dumped to death
what's wrong with you people ?

Yep. All they have to do is pull their sell orders (ALL HUMAN SELL ORDERS) for 15 minutes, and let me buy out the bot entirely, to kill it. But I won't buy up people trying to sneak in and sell out taking advantage of my buying. Wait till I'm done, then set your sell orders at least 50% higher than they already are set at. AFTERWARD.

Anybody wants to help buy the bot - if people get their orders out of the way - is welcome to join me.

i agree..
we could easely kick its ass if everyone stopped selling out..

Yeah. It's their own stupidity and greed killing them now. I'm totally disgusted at the lack of intelligence that some traders have. You'd think if they wanted to make money, they would try to be smart so they might have a chance to pull it off. But NO. They'd rather play footsie with each other all the way down the drain...

Verynice price! What i said people? You didn't believe me. But it's over soon i think