mt gox rewards high volume trading. fee drops from .6% to .55% once your trade volume reaches 100btc in a month (this seems to be relatively new). so im pretty sure they wont be banning bots anytime soon....why would they? high volume trading means higher profits on their end...
this whining about bots is asinine..... my bot puts in trades within a trading range that adjusts to price (somewhat like a trailing stop-loss in forex or stocks) exactly the same as i would (and did before i got the bot) , only now i dont have to monitor my account 24/7 or bother with the math....i can keep it running and do something more productive than staring at charts all day.
no one is at an unfair advantage either, free and open source trade bots are freely available to anyone
with 2 minutes and access to the search bar on this forum. in fact, heres a link to the one i use; dnnbitcoin.aricie.com
its open source, its free, and you can customize it however you see fit.
isnt bots driving the price down. its traders. bots arent swayed by psychology...they dont panic sell like people do.
you dont see the forex market falling apart because of EA's (forex tradebots) do you?