RE: How To Beat A Market Bot (Splinterlands Plots)

avatar

You are viewing a single comment's thread:

There are not many bots but only few users doing in my opinion open market manipulation. If we had bigger trading volumes you could live with that, but in case where you have low trading volumes and disproportional bot market orders, they literally stifle the exchange and become the only ones doing trades. In a long run it will only turn away the most from trading on the engine. So I ask myself is it morally, right in this environment? Is it simply greed and then very unfriendly one? It goes bit against the spirit of hive networks and it is literally privatizing the trades.
Regards.



0
0
0.000
2 comments
avatar

I agree, I use to trade SPT and a couple other tokens on Hive-Engine but I stopped due to these bots. The market bots have hurt the over all health of the SPT marketplace. I hope the same doesn't happen to PLOTS.

0
0
0.000
avatar

It is unfortunate, but was to be expected after hive gained in value. It would be welcome if trading volumes were larger as bots bring in liquidity. But in this environment as it is, they are stifling the markets, making trading unpleasant experience for most.
Much Regards.

0
0
0.000