[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast

[timmyd]

Haha "Whats up aith you LTCD you look a little down in the dumps today" "Yea ive got a bad case of the bots"

[acs267]

It could be just the bot and the gypos out selling each other pmsl. im not selling 1 ltcd  

Bot probs gone because he reading here lol

I'm not selling one, either. I just bought around 2,345LtcD today, and it'd be absolutely tragic if I sold them at such a high price. Aff aff, I rarely see any promises in Alt-Coins, but I have been known to invest randomly in a few.

And when I saw it going down lower... I just had to buy it. And I sold a few of my Litecoins for it (Ironic, right?) which would just make it more horrible if it went down.

I'm looking directly at 2 bots. Each has a specific number it sets for amount and moves and exact number of spaces.

There are no gypos. That's a story the kiddies with the twitter disciple have made up. Seriously, those are eastern european teenage trolls just making up stories, stirring up trouble, and laughing at their handywork. The nickel kiddies have been trumped by the teen-troll-trio.

It could be just the bot and the gypos out selling each other pmsl. im not selling 1 ltcd 

Bot probs gone because he reading here lol

It gets better. well be able to release the LTCD auto biography after all this

And then, in a dark alley, Litecoin Dark stood it's ground as the fearless bots hovered over it. "What do you want?" It asked, as people started to dump.

The bots gave a vicious smile. "Nothing."

[vicvelcro]

Heh. Funny. Took the edge off of my frustration a bit.

And then, in a dark alley, Litecoin Dark stood it's ground as the fearless bots hovered over it. "What do you want?" It asked, as people started to dump.

The bots gave a vicious smile. "Nothing."

[voodoo1967]

also a bot was in the stealth coin I seen buy orders of 20 like 12 times in a row lol .Bittrex you are infested with bots lol 

[timmyd]

The exchanges will love bots. they will create more fees for the exchange

[voodoo1967]

I emailed bittrex yesterday to say that the bot showed up on the 17th and has driven your btc volume down form 250 plus to what 45btc volume a day .I asked don't you get paid by trades so this bot is costing you a lot lol .  If I owned a exchange my rules would be if your caught with a bot your coins are the exchanges to pay for the loss of revenue and your account is closed.

[voodoo1967]

Unfortunately, the latest crop of bots are being used to skew the order books by automatically creating orders that have no intention of being filled.  This frustrates traders who are trying to find the real price of a coin.

To combat this, we are making the following changes.

Order Entry
1.Number open orders per market will be limited to 10.
2.Only 100 orders may be placed in a one hour period on a given market.
3.These caps apply both to UI and API trades

This is from bittrex about squashing bots so I don't think they like bots lol  they wouldn't be doing this if bots were making them lots of btc lol

[Xircom]

Could be that Big Vern from cryptsy would like to kill those 2 bots as well. He dosent earn that much money out of the bots.

[vicvelcro]

Greatly rise. It's sell bots on Cryptsy. Is you greatly lower, you are doing more of what the bot is already set to do. The bot is configured for driving the price downward already.

guys, the only way we can beat this bot is to greatly rise or greatly lower the price in a very short period of time...

[bookworm]

Unfortunately, the latest crop of bots are being used to skew the order books by automatically creating orders that have no intention of being filled.  This frustrates traders who are trying to find the real price of a coin.

To combat this, we are making the following changes.

Order Entry
1.Number open orders per market will be limited to 10.
2.Only 100 orders may be placed in a one hour period on a given market.
3.These caps apply both to UI and API trades

This is from bittrex about squashing bots so I don't think they like bots lol  they wouldn't be doing this if bots were making them lots of btc lol

EPIC

Took them long enough to realize and do something!! That should really help the good coins trying to get recognition.

[voodoo1967]

Its just some ones greed that is hurting the price once they are done being greedy the price will rise naturally no problem just think of what It could of been by now lol . Funny how people in the crypto world say oh I hate banks they manipulate everything it all revolves around banks. Well look at what greedy people are doing any difference lol 

[vicvelcro]

As I said earlier. 2 separate bots. The 'buy' bot can't possibly drive a price down. The sell bot can and is set to do so. I've been trying to buy out the sell bot for the past 7 or 8 hours. I'm very well acquainted with it now.

Greatly rise. It's sell bots on Cryptsy. Is you greatly lower, you are doing more of what the bot is already set to do. The bot is configured for driving the price downward already.

guys, the only way we can beat this bot is to greatly rise or greatly lower the price in a very short period of time...

im not that sure but from what i can see, they will play with the price in both directions, as long as there 10% profit in either way, the bot (that actualy runs both buy and sell) will try to reach that 10%...

[voodoo1967]

Unfortunately, the latest crop of bots are being used to skew the order books by automatically creating orders that have no intention of being filled.  This frustrates traders who are trying to find the real price of a coin.

To combat this, we are making the following changes.

Order Entry
1.Number open orders per market will be limited to 10.
2.Only 100 orders may be placed in a one hour period on a given market.
3.These caps apply both to UI and API trades

This is from bittrex about squashing bots so I don't think they like bots lol  they wouldn't be doing this if bots were making them lots of btc lol

EPIC

Took them long enough to realize and do something!! That should really help the good coins trying to get recognition.

that was in their squash bots but I don't know how long that has been in place lol

[Xircom]

Just wrote Big Vern at cryptsy that i would think its a good idea to get rid of those bots.
Lets see what happens next.

[voodoo1967]

As I said earlier. 2 separate bots. The 'buy' bot can't possibly drive a price down. The sell bot can and is set to do so. I've been trying to buy out the sell bot for the past 7 or 8 hours. I'm very well acquainted with it now.

Greatly rise. It's sell bots on Cryptsy. Is you greatly lower, you are doing more of what the bot is already set to do. The bot is configured for driving the price downward already.

guys, the only way we can beat this bot is to greatly rise or greatly lower the price in a very short period of time...

im not that sure but from what i can see, they will play with the price in both directions, as long as there 10% profit in either way, the bot (that actualy runs both buy and sell) will try to reach that 10%...

no but I was watching it last night and people were jumping past the sell bots price and selling lower then the bot lol . Panic selling thinking the price is going down so they can drive the price down lol .

[SkyValeey]

Small note about LTCD chart from me:

http://cryptaphex.wordpress.com/2014/09/21/ltcd-double-bottom-8xx-support/

plz RT if you like it https://twitter.com/AphexTwin4ever/status/513726563167109120 ty

[vicvelcro]

Not so much panic selling. There wasn't enough of it going on. More like somebody that wouldn't price their 43000 LTCD sell order (and a bunch of other people too) just 1 satoshi above a 0.4 LTCD bot because the seller just couldn't wait fast enough to get rid of that stash (mined, arb'd, or bought low last week and wanted to dump out).

As I said earlier. 2 separate bots. The 'buy' bot can't possibly drive a price down. The sell bot can and is set to do so. I've been trying to buy out the sell bot for the past 7 or 8 hours. I'm very well acquainted with it now.

Greatly rise. It's sell bots on Cryptsy. Is you greatly lower, you are doing more of what the bot is already set to do. The bot is configured for driving the price downward already.

guys, the only way we can beat this bot is to greatly rise or greatly lower the price in a very short period of time...

im not that sure but from what i can see, they will play with the price in both directions, as long as there 10% profit in either way, the bot (that actualy runs both buy and sell) will try to reach that 10%...

no but I was watching it last night and people were jumping past the sell bots price and selling lower then the bot lol . Panic selling thinking the price is going down so they can drive the price down lol .

[vicvelcro]

Somebody is also mining directly to their Cryptsy wallet and has an autosell set. But instead of setting a higher value for their pool autopayout, they have it set to sell anything mined at the very instant it is actually mined. So there's been a bunch of small quantity sell orders scattered around muddying up the place.

If Big Vern implements a limit of 5 or 10 active orders in any single market, that would minimize that thing, too.

Also, if pool operators would make the minimum payout amount to be at least 200 LTCD, it would have the same general effect.

Just wrote Big Vern at cryptsy that i would think its a good idea to get rid of those bots.
Lets see what happens next.

[RobFordWotWot]

[gavrilo77]

This is disgusting with these bots, BC as well has it. I just wonder if we all have bot program how exchanges would earn. I guess that many people have plan or thinking about the bots. If exchanges dont regulate this they will have problem. Just think.