tradebots

[Anonymous No.2454806]

Am I the only one that fucking hates tradebots?
Playing with a small amount of cash, it's crazy how bots start putting bid+0.0000001 buy orders every single second after the prices drop because someone a little bigger sold.
You just can't compete with them when you want to buy something about ~1% cheaper than what it should be.
Someone should pick a coin like Mona(the one the bot just jewed me out of my easy 3% profit) that doesn't move too much and artificially bring the price high by controlling both sides of the trade.
Pretend a sell off where the price drops, after that begin to remove your other sell orders that were a bit higher, buy others. Meanwhile let the bots fight each other to fill the spread(and maybe make yourself some ~50 sats higher bids so you skip like 15 seconds of bots fighting to get the price 50 sats higher).
Remember to maintain the spread while removing your fake sell walls and buying other people's coins. When the bots already got it high enough so that on average you have profit, sell everything to the bots. They can't evade it and are stuck with the artificially inflated slow coin that you just sold them. They are all over bittrex. Easy money for anyone with ~5 BTC.
They go even after the real shitcoins, so it's cheap to do that. Just go on bittrex and list from the higher to the lower spread. Open the coin and watch the order book(not the actual graph). The buy orders are filled with bots outpricing each other in order to profit from the spread.