Oldminer
Legendary
Offline
Activity: 1022
Merit: 1001
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September 03, 2011, 03:47:05 AM |
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The matrix is imploding
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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kjj
Legendary
Offline
Activity: 1302
Merit: 1024
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September 03, 2011, 08:48:50 AM |
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I don't encounter problems like this when I buy and sell stocks on my REGULATED by the FEDERAL GOVERNMENT exchanges. Hope you guys like the true reality of libertarianism! Suck it! Ha! Humans haven't traded directly on any market since the 80s.
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17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8 I routinely ignore posters with paid advertising in their sigs. You should too.
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Minsc
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September 07, 2011, 03:33:07 AM |
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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?
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1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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kjj
Legendary
Offline
Activity: 1302
Merit: 1024
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September 07, 2011, 05:45:21 AM |
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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.
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17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8 I routinely ignore posters with paid advertising in their sigs. You should too.
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Minsc
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September 07, 2011, 05:54:15 AM |
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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?
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1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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kjj
Legendary
Offline
Activity: 1302
Merit: 1024
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September 07, 2011, 06:42:09 AM |
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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.
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17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8 I routinely ignore posters with paid advertising in their sigs. You should too.
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Minsc
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September 07, 2011, 06:50:24 AM |
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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.
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1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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Valalvax
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September 08, 2011, 10:56:19 AM |
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They're trading themselves to a better trading fee so they can buy or sell lots...
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Desolator (OP)
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September 12, 2011, 10:37:28 PM |
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They're trading themselves to a better trading fee so they can buy or sell lots...
You can't make money by convincing MTGox to lower their price since their income spikes by paying 90% of the money yourself. I still think the most logical answer is they were trying to DOS MTGox. And then a week later some dumbasses hacked the forum so MAYBE there's some malicious ass clowns out there doing stuff like this. By the way, I've heard rumors that SA was behind this. They attacked another forum I was junior administrator at and they are damn lucky I didn't ever get enough info to identify them. So I've got a real chip on my shoulder towards them and if it turns out that they were behind the forum hack and this little almost-attack at MTGox, IT'S AAAAAAWWWWWWNNNNNNN!
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