Is someone's tradebot having a meltdown?
Why do these bots trade back and forth at basically so near each other the trade fees cancel out any possible profit?
Because the feeling of powerlessness is much more palatable if you assume (invent) a powerful agent.
I don't get it? Is Mt. Gox doing this to make investors feel powerless?
No, you are doing it to yourself so that you don't feel so powerless. You are staring at the static of a dead TV channel (if you are old enough to remember those) and seeing the devil.
You lost me. The devil is the one who made bitcoins rise, after a bidwall at 6.66 with only 2500 coins made it really.
I think you're saying people make these trade bots do all these trades that only make them lose money with trading fees so they feel powerful.