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/biz/ - Business & Finance

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2813582 No.2813582 [Reply] [Original]

Have you guys noticed that Bittrex is using bots to manipulate prices lower and lower? What can be done against such price manipulations?

>> No.2813584

>polo getting so desperate they try to astroturf 4chan
pathetic

>> No.2813592

>>2813582
get one too, but watch out so it doesnt cash out to some random address

>> No.2813595

>>2813582
make your own bots to push prices higher duh

>> No.2813603

buy cheaper coins?

this is literally only a problem for daytraders, and you retards can go to hell for all i care

>> No.2813604

>>2813582
Buy the cheap coins, transfer to another exchange, sell on the other exchange, transfer the money to bittrex repeat until it's not profitable anymore, then go to a different coin, do the same.

>> No.2813625

>>2813582

Create your own exchange with games and prostitutes

>> No.2813632

>>2813582
Like most exchanges they offer an API so everyone can use bots on it. That's life anon. Write your own bot or download one but I wouldn't put my api key in a downloaded one

>> No.2813637

>>2813584

Did you know Polo will refuse to list many coins just because they get their start on Bittrex? What a bunch of manginas.

>> No.2813647

>>2813584
This, bittrex FUD threads are getting tiresome

>> No.2813648
File: 31 KB, 403x403, 1419957851972.jpg [View same] [iqdb] [saucenao] [google]
2813648

>>2813582
>open API so literally anyone can rub bots
>guise its birrix!!1

>> No.2813931

>>2813582
Anyone can run a bot, did you know that? A bot can perform such actions as checking the last price, the order book, the order history, placing an order, cancelling an order, and everything within SECONDS. The exchange allows you to do so.

>> No.2814025

>>2813582
Still waiting on my level 3 verification from Polo for about 3 months now. Meanwhile Bittrex verified me in literally 3 minutes.

>> No.2814103

People are using bots on Bittrex.. not the other way around retard.

Why would Bittrex bother using bots to manipulate the prices lmao have you actually took a sec to work out how much they make off fees alone every day. It's in their best interest for the market to be booming

>> No.2814118

>>2814103
> have you actually took a sec to work out how much they make off fees alone every day.

tell me wise anon, how much? You've clearly taken the time to work it out right?