Post
Topic
Board Economics
Re: oh great, MTGox is under attack again right now
by
kjj
on 31/08/2011, 14:45:30 UTC
You're overstating the importance of bots.  The only inherently bad or unfair part is when they outbid you purely based on speed and get a deal you wanted.  Otherwise bots do precisely what a human tells them to so they can program it to trade fairly or like a jerk.  A human can manually set up unfair trades and scams and that sort of thing, just not as quickly.  So really the bot isn't that important.

Tell me more about these unfair trades.  Start with exactly what about a trade makes it unfair.