Yeah if you go back and read my posts you'll see I openly said all trades before I made them and I'm up 1600% on Bitcoin. Feels good to be an idiot.
Obviously bots are made to make money off speculative moves. However in large numbers they do stabilize price. The more they compete the less fluctuation. I'm sorry I assumed a lot of people here had common sense and understood this concept. I should never assume anyone uses logic I guess.
Sorry if I misunderstood your other post, seems you were saying crashes can't happen if everybody is just out to make money. Sure, bots can help stability if they spread out liquidity and bring less panicked orders into the market. But that's not automatic, the HFT bots on wall street sure haven't done much to improve that market.