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File: 43 KB, 990x135, Screenshot 2021-02-18 at 19.40.27.png [View same] [iqdb] [saucenao] [google]
29057258 No.29057258 [Reply] [Original]

The fuck kinda sorcery happened here just now?

bought for 25 ETH and sold for 0.79 ETH profit less than a second later???

>> No.29057523

>>29057258
front running bots

>> No.29057834

>>29057523
and how are you able to detect potential front runs on uniswap? are these people crawling through etherscan to see upcoming trades that haven't been confirmed by the blockchain and then spend high gas fees to front run them?

>> No.29057853

>>29057523
this

>> No.29057982

>>29057834
yes, bots do this
they pay a massive amount of gas and then basically 'see into the future' of the block transactions, so they buy to artificially raise the price, and then sell almost at the same time, catching a large buy in the middle and stealing eth from them

>> No.29058039

how the FUCK do you run one of these

>> No.29058256

>>29057982
fuck how did I not think of this, that's actually really smart (and kind of an oversight of DEXes now that I look at it?). seems easy enough to write a bot to do this, might as well just try.

so does that basically mean that if I'd buy a large amount of anything on a DEX, I should spend very high GAS to be safe from front runners, artificially raising the price, right?

>> No.29058323

>>29057258
i thought these were arbitrage based on token-to-token price dislocation

>> No.29058424

>>29057258
>>29057523
>>29057982

how do I safely get my hands on one of these front runner bots?

>> No.29058539

>>29058256
>>29058424
not going to help you steal from people, scummies

>> No.29058610

>>29058424
https://github.com/makerdao/developerguides/blob/master/keepers/simple-arbitrage-keeper/simple-arbitrage-keeper.md
>>29058256
>basically mean that if I'd buy a large amount of anything on a DEX, I should spend very high GAS to be safe from front runners, artificially raising the price, right?
not sure, ive been frontrun a few times at high gas

>> No.29058626

>>29058424
you don't. you write it yourself.
never execute code you don't understand yourself.

start with some python tutorials and work your way up.

>> No.29058677

>>29058424
LEARN TO CODE, NIGGER

>> No.29058698

>>29058539
>rule for thee not for meeeee

>> No.29058919

>>29058539
lol. how is that stealing?

>> No.29059022

>>29058424
just buy rook

>> No.29059246
File: 679 KB, 1280x852, 1612376841110.png [View same] [iqdb] [saucenao] [google]
29059246

>>29057523
AVAX solve this

>> No.29059551

>>29057258
similar .. https://hackernoon.com/front-running-bancor-in-150-lines-of-python-with-ethereum-api-d5e2bfd0d798

>> No.29060751
File: 152 KB, 886x679, 1613294755387.jpg [View same] [iqdb] [saucenao] [google]
29060751

>>29058539
ok r*ddit
>>29058610
thanks
>>29058626
the other anons provided some resources. Thanks for the warning.
>>29058677
I will.
>>29059022
rootkit? ill check it out. thanks
>>29059551
thanks