I have come to the realization that the majority of the trading

[fleabag]

in bitcoin are just BOTS. .0001 buys and sells and a few large purchases sprinkled in here and there. I dont know how you can get a true representation of the price with all this crap going on. If I had an exchange 2 decimal places and thats it.

[vokain]

duh bitcoin.clarkmoody.com

[derpinheimer]

People have known this for awhile.

Some say without the bots the price would collapse.

[Mhash pipe]

Same is true for the stock market...

[fleabag]

if I was a programmer I would be trying to figure out a way to pick off the bots. if you had market makers or legit shorting you could do it.

[Spaceman_Spiff]

I think it's generally a good thing that there are bots (based on how they work of course).  They reduce the bid-ask spread or inter-exchange spreads.

[Arcas]

Bots are important for market stability.

[peonminer]

I am repeating everyone's answer so that it will add validity to the claim.

[Kuroth]

where do you find "legit" info on how to learn about Trading Bots for Bitcoin?

[peonminer]

where do you find "legit" info on how to learn about Trading Bots for Bitcoin?

A simple Google search.

https://www.google.com/search?q=bitcoin+trading+bot&oq=bitcoin+trading+bot&aqs=chrome.0.57.2908j0&sourceid=chrome&ie=UTF-8

[Kuroth]

Thanks..  Yes I know how to use Google...  Was not sure if what comes up in the search is scams so was hopping some could recommend "Legit" ones..  But I am looking at the search results now..

[Zooey]

Thanks..  Yes I know how to use Google...  Was not sure if what comes up in the search is scams so was hopping some could recommend "Legit" ones..  But I am looking at the search results now..

[fleabag]

 do you really need bots doing .0000001 trades? you call that helping out with stability? all that does is bottleneck the system with meaning-less trades.