That guy playing with a Bot with 4/5 btc, on 2 sell orders now for around 10000 waves each one. what are you thinking, bittrex is not poloniex, set your bot for only 2 btc and thats a lot for bittrex.
Your Bot are pushing the price down, and i dont want to buy more
Edit: Now that bot dump at 19500 buy orders, and now are buying at 18860 and 18450, fuck you guy with that stupid bot.
(i knew is a bot because when i place a buy or sell order, 1 second later the bot place his order first)
Dont feed the bots, hold your Waves, i hope all of you be regret some day DUmpers
Bots are a real pissed off that's for sure...
That being said, they are doing a great job of keeping the price stable relative to the usd.
I believe these bots will keep going on this path until organic pressure in the form of TPS on the platform begins to outpace the relative gains they are making in accumulation through MM on the exchanges. Either that orthe price of bitcoin stabilizes or begins to turn bear so that there ability to accumulate will force them to constantly change their spread upwards.
Once the pressure turns I believe you will see the bots either quickly disappear, or go the way of the Willy.
We have 2 bots fighting since the start, one trading 1 btc and other trading .3 btc, and other non agressive bots
But perhaps you are right, the new bot seems trading based on usd price if btc goes up a little the bot dump, normal bots never dump over the buy orders.
Well lets see, really is very sad seeing Waves at this price, i really never expect this, i hold when the price was 55k damn even bought 6 btc at that price. And again at 50,40,30,25,20 but now 19k, really?
Yeah, these are not your standard pump bots... they seem to be playing an entirely different game then what I have seen in the past.
Could even be that it is someone building a position to add liquidity to the DEX once it is ready, but that would mean it is the waves team itself or someone associated with the waves team..
... build exchange, create matcher, build btc reserve, lower price of main asset, release dex, then bam add BTC to the waves buy side....
gain user base, rule the world.....
Not a bad strategy if this was a chess game..
That being said,
I am at a bit of a loss as to the reasoning behind the bots... it does seem that whoever it is has an inexhaustible amount of waves.