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MadMac (OP)
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October 11, 2017, 09:50:10 AM |
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Just be aware that there is a Bot active when trying to buy TenX. Right now it sits at 0.00692999 ETH-Satoshis. You bet lower, it will give 1 Satoshi more and drop immediately when you withdraw your offer.
(my x-post from Steemit)
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dzkrb1966
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October 11, 2017, 09:57:34 AM |
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So you have to bid better than a bot. By the way, I think that the bot can be identified by a large number of digits 9 or something like that after the decimal point. Ludt loves round numbers, and the bot makes bets on the basis of calculations
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MadMac (OP)
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October 11, 2017, 10:14:36 AM |
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TenX/PAY is a great project. Shame that such things happen.
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wireless474
Copper Member
Jr. Member
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Activity: 43
Merit: 5
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October 11, 2017, 10:29:03 AM |
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Is there any way to identify a bot is inflating, other than the 9 digit decimal?
I feel like there are a bunch of bots doing tradings now. Because I noticed, not just Tenx, but other coins are doing the same thing you are describing. As soon as you retract bids, it disappears.
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P Λ X P Λ Y . I O Send. Spend. Receive. Repeat.
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MadMac (OP)
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October 11, 2017, 11:03:44 AM |
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It is actually not doing any 999 thing, it inflates by 1, this several times...
Like you put an order of 0.00000001, the Bot will create several 0.00000002, 0.00000003, 0.00000004 and so on and immediately delete them when you cancel your order.
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Tony116
Legendary
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Activity: 2198
Merit: 1023
casinosblockchain.io
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October 11, 2017, 11:18:44 AM |
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Is there any way to identify a bot is inflating, other than the 9 digit decimal?
I feel like there are a bunch of bots doing tradings now. Because I noticed, not just Tenx, but other coins are doing the same thing you are describing. As soon as you retract bids, it disappears.
I'm not surprised. There are too many trading bots now. If I'm not wrong they are not forbidden. |
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MadMac (OP)
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October 11, 2017, 11:21:20 AM |
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I'm not surprised. There are too many trading bots now. If I'm not wrong they are not forbidden.
Guess not  . Was just a word of warning and some technical discussion. I find that interesting. It's not helping the project though. But money makes the world go round. |
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TheQuin
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October 11, 2017, 11:28:42 AM |
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I'm not surprised. There are too many trading bots now. If I'm not wrong they are not forbidden.
No, they're not forbidden. In fact, the exchanges actively encourage them by providing an API. That, of course, is because they are likely to create much more trading volume and commissions than human traders. In comparison to the traditional trading markets, it's still actually a very small part of crypto trading. On Wall St. the big hedge funds pay to colocate their servers in the same computer room as the exchange. So they get to put their orders in before a retail traders order that has latency from their the internet connection. It's something that will come to crypto exchanges eventually. |
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krypt0n1
Full Member
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Activity: 238
Merit: 100
🔵 Brickblock.io - Future of Stock Trading
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October 11, 2017, 12:59:48 PM |
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Most of the tokens with high volumes on bittrex have bots which do the same thing, although with different values. This can be seen on both the asks and bids when placed.
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wireless474
Copper Member
Jr. Member
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Activity: 43
Merit: 5
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October 12, 2017, 01:34:42 PM |
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P Λ X P Λ Y . I O Send. Spend. Receive. Repeat.
PRE-SALE LIVE | JOIN NOW | Get 30% EXTRA! |
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Ted_Nugent
Newbie
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Activity: 21
Merit: 0
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November 18, 2017, 03:08:33 PM |
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I've spent so much time with the Crypto market these last few months. Can't count the amount of times where I have placed an order and somehow everything stops, when up to this point everything was crazy. The computer don't freeze, the whole of what is happening on Bittrex goes 180 or stops. Inclusive, the amount of times that my computer has frozen or had the socket status disconnect indication come at me at the worst of times. I've set up 2 computers now, via usb tether to my mobile, just to ensure at least one connection.
Yesterday, I had a better look at the pumpers and dumpers with Bittrex. They were pushing down the price with mega small buy amounts i.e.0.0000005 (or something to this effect). They kept it down enough to buy up all they wanted at the cheaper price. As expected they pumped it with these same increments when they were wanting to get high prices and make a killing. I've experience much with these pumpers and dumpers, inclusive of being in P&D groups to see what they get up to. Wish I'd never gotten involved with these crypto's; it's been a nightmare. I know some have done well, but I know a lot have been messed up. Sure, you can ride the wave of the P&Der's, but I can go on and on with all the other horrendous things I've seen. I'm now down to my last option of trading hard on i.e. being ultra patient and ensuring that it's a good buy point. Yes, I've worked out via the studies how to do this; I'll be interested to see if it works to screw me up even then. I really just wonder how much these computer bots are able to take people's money. Let alone if you are a really good trader and have your bitcoins hacked real time, like I watched a trader on youtube talk about.
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