Imagine that you were an expert Wall Street trader. One of the very best. One of the guys that makes millions a year in bonuses.
Imagine you found a market where there are toons of "noobs" thinking they are pro traders. The market is thinly traded and illiquid. Wild swings are common, and there are no regulations at all. No SEC oversight, nothing.
Now imagine that as a Wall Street professional trader you have access to amazing software tools. Imagine that you have programs that watch all the margin-enabled markets on Poloniex. Imagine that these programs also watch the lending markets. Now imagine that the software correlates all of the trades on Polo with all of the lending that occurs on Polo.
Imagine that you therefore "knew" where all of the large margin positions were and because you knew at what price those orders were placed at, you knew their liquidation points. Look at the hockey-stick rise to .124. Most of the really huge green candles were most likely shorts being liquidated, including the rise from .11 to .124 itself. Look at yesterday's trading; that drop to .035 sure looks like a margin long liquidation to me.
Please trade carefully folks. I have a feeling that you're up against some of the best traders in the world. I think some Wall Street or City folks are finally starting to learn of the crypto markets.
You got it.. now imagine polo run those bots because its easy money
That is not logical. Polo has invested a lot of money building their service, and their most valuable asset is their reputation. They are already making a lot of money, and their main concerns are not getting hacked, DDOSed, or overwhelmed by the volume of data they process. People smart enough to build Polo are not going to risk everything for a few extra bucks.