From what I can tell, someone wrote a bot to Buy TRUST, sell it 200% under to devalue it and... create a sell wall.
nothing wrong with that
The conversation continues, but you get the point.
Except it isn't Bittrex confirming the existence of a bot, it is you claiming one is there and Bittrex saying that there's nothing wrong with bots being used to trade in any direction.
You are using it to pretend they have confirmed the existence of the bot, they have not. I already pointed out this glaring fallacy to you repeatedly yet you keep on using it again and again.
Bittrex have not confirmed there is a bot, YOU are the only person claiming there is a bot and you have no evidence of a bot.
"Oh but when I release bad news there is a dump" - Human traders dump on news, bots don't.
I am claiming there are two bots in two markets. One creates buy wall the other sell. Then they swap at the lowest price. Its extremely easy to see and it automatically happens when the market does nothing for 20 minutes. Larger purchases 50k or higher are pushed back down immediately.
BOTs exist. There is a BOT in our markets that have the proper API There is one controlling the price on our markets trapping my investors and creating anxiety. I am directing them to buy in small loads to strip the bot, and they have done a wonderful job!
Go Buy Trust... you will see the bot in seconds. This bot started July 9th, 2014 at 4AM CST
When will you answer my question?
I have also seen the bots in action. Basically as soon as you buy or sell any amount you immediately see buy/sell orders created which can only be described as taking advantage of the bittrex API.
I'm not worried about the bots. they are a part of any market on bittrex, as someone else has pointed out, bots such as this one:
https://bitcointalk.org/index.php?topic=507103.0 are common through out bittrex.
If that bot is hurting the investment it's a part of, then it could just simply be a misconfigured bot.
Personally, as an engaged member of the community, I am focusing my time, as much as possible, on helping out our dev's team.