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Author Topic: What bot programs are being used by traders on Poloniex  (Read 518 times)
CheckItOutNow (OP)
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August 22, 2016, 01:08:57 PM
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Which high frequency bot programs are being used on Poloniex to trade the top choice coins? Are they programs created by individual traders or is there third party services traders use?
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August 22, 2016, 03:17:34 PM
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A lot, it's become insane.  Nothing is real anymore.  Sad

Use 1ex.trade over the next few months and see how you like it. Smiley
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August 22, 2016, 03:34:36 PM
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Every single bot that works; from your script kiddie's basic python script to professional bots you can buy.

It would be awesome to have exchanges work without showing buy and sell walls up to a single satoshi but the lack of transparency wouldn't worth it.

But still, coins with let's say a value of 5532 sats only showing on exchanges as 5k sats for buy and 6k sats for sell would render most bots useless.


I don't care for arbitrage bots, good for them for noticing the discrepancy but price manipulating bots are a serious cancer to cryptos.

Not your keys, not your coins!
CheckItOutNow (OP)
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August 22, 2016, 03:55:06 PM
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Every single bot that works; from your script kiddie's basic python script to professional bots you can buy.

It would be awesome to have exchanges work without showing buy and sell walls up to a single satoshi but the lack of transparency wouldn't worth it.

But still, coins with let's say a value of 5532 sats only showing on exchanges as 5k sats for buy and 6k sats for sell would render most bots useless.


I don't care for arbitrage bots, good for them for noticing the discrepancy but price manipulating bots are a serious cancer to cryptos.

It's impossible to tell what the real volume of these coins would be if it was left up to manual trading. ETH generates over 90% of it's volume from bots on Poloniex and same for many other coins but it doesn't reflect true interest.
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