You are viewing a single comment's thread from:
RE: Market Manipulation & Trading Bots
Artificial intelligence and machine learning systems are taking over the whole trading... This is something we have to accept... I am not talking about a scam bots like in this case, but about all new projects rising on the market and are based on AI trading... I was writing about few of them in ICO phase during last few months...
Yep. They often stick out like a sore thumb too. People need to be extra careful when it's apparent that a bot is trading in the market.
Don't worry. These bots will cause such a great commotion in the very near future in my opinion in markets, as they have a lot to do with where prices are today already. So much of the gains in the markets over the past year have been too good to be true. These bots are great while in a decentralized system like this because they dealing with a community of people much more so than a traditional corporate venture. Manipulators with options and these scam bots will get there faces melted if they try to play these games as more people become more invested for the long haul in my opinion. I agree @kriptonoob, but there are also some other dynamics in play.
really, and how AI explains btc falling down when everyonone investing in it
Yeah bro, Hedge funds, and Wall street is trading with Quants etc, for long long time already, and they are making huge money this way. So like you say: we have to accept it, whether we like it or not....