Post
Topic
Board Economics
Re: Bots making price go down
by
CaptainBeck
on 08/01/2014, 14:50:59 UTC
Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

Yes but they lag the market system.

I'm sure bots are the reason of you losing money on your trades.

Nope nothing is the reason of loosing my money because i did not loose even 1cent

Any user is the cause of lag in a system. Better systems can handle more users, so its the website fault for not accommodating for their user base, not the user base trying to use the system. 

More bots = better website
better website = more money costs
if someone don't have money to buy/rent better server and have normal one = lags

less bots/no bots = normal website
normal website = less money costs
if someone don't have money to buy/rent better server and have normal one = no lags


Then you increase your fees to cover the user base, which in return would make bots more costly and reduce their use. Most bot programs operate on a small profit margin, but they are making so many trades that small margins add up to be gain. you reduce that margin they lose their big gain. Normal people and trades will barely be effected because they look for larger profit trades over a longer period.