Hey Guys,
Please be aware of the bot trading TES on mintpal... take a look now and see the last trade at 86 satoshi...
2014-08-08 15:00:34 SELL 0.00000086 37559.58548180 0.03230124
and now take a look at the lowest sell order...
0.00000108 38376.48548180 0.04144660
The bot keeps buying up TES from the weak hands and selling it right away for a nice quick profit. With the current price gap between buy/sell on mintpal, hes making out quite well.
I understand sometimes you have to sell, but just be weary that you are helping someone make money for doing nothing.
Just a heads up, as always do your own research and don't just take anything you read on here as the truth... even me. :-)
Thanks for sharing !
I totally agree with your point, those bots are kind of annoying.
On the other hand, if the price make a big move, in the long term the guy behind the bot is gonna lose an opportunity to make real profit !
Patience, TES is a great coin, good things are to come !
GO TES