Bots have really been popping up heavily in so any of these markets. The DEC and LTC markets I use quite often will sometimes have 5 or 6 bots on each side so you're absolutely buried every time. I think there are several owners because some bots are immediate and some seem to check the market every minute or two to see if they are first. I don't know how they seem to work together so they don't undercut each other all the way to their programed floor in quick succession but they don't.

While I find it all annoying, especially when you have a small order and they bury you with huge orders, there are some of these bots that only work one side and push price around.

I posted on one of those about a month ago that would undercut larger orders in the middle of the field with about 2.5 million dec so the order would need to keep beating it but the order would always disappear if it got to close to becoming the best price.

https://leofinance.io/@imno/how-to-manipulate-the-dec-market-101

At the time they were pushing around millions of dollar in value with $10k and a bot that never bought or sold anything. These markets desperately need liquidity and in one sense, these bots bring liquidity, but when programmed to just undercut by .00000001, they are more of a nuisance than anything.

Trading bots have been a common occurrence in all markets for a while. Doesn't matter if you're into crypto, stocks, soybeans or anything else. I've surprised that they haven't been on Hive-engine long before this, but I guess there wasn't much to get excited about there until the recent run-up in Splinterlands tokens. I guess it's a sign that we have arrived, someone has taken the time to make a bot to trade with us.

I believe it's @cryptomancer that runs the bot service - you can subscribe to it, but it costs a fortune.

Personally I find them annoying, but I'm rarely in a rush to buy or sell anything on Hive-Engine so TBH they probably end up doing me a favour.

Posted Using LeoFinance ^Beta

Hi @rentmoney
Bots are there in many markets but they don't always serve a negative function.
Of course, sometimes they are annoying but if there are bots you can use them to your advantage: if you have to sell, you place small buy orders until the bot reaches its limit and then you sell and vice versa if you have to buy instead of selling.
Maybe you don't know and I hope in this case to be useful, you can see the accounts that sell and buy in a market from this link:
https://jjb777.github.io/hive-engine-classic/?p=market&t=SPT

!BEER
!PIZZA

Interesting. Someone was just saying in the Starbits Discord that they thought a bot was buying every order they tried to buy. Likely the same person.

Does this happen on other exchanges too or is it just small exchanges?

Posted Using LeoFinance ^Beta

before some days i try to buy 5+5 HBD tokens in hive, because need buy 2 certificates for one blockchain game ocean planet, 1 book is for i can sell farm items in game and second book (i dont get second) is to withdrow crypto from game... But my problem is with HBD, on that day HBD cost 0.9 USD, but when i try to buy 1 HBD cost 2 USD in hive because someone trolling hard, and always put bigger price from mine, so on end i put only to buy 5 HBD for 10 hive and i left that, and i get HBD in few days... So probably someone who is rich try BUY-SELL on manilipation way... I read you post and that looks same... Mabey is not same person but i think they have a lot money to make SELF price for token so if you dont watch can lose a lot... I notice price in USD on hive engine is not same like in trade view, always need watch transaction before last one...

Couldt it be deployed another bot or bots who target this kind of behavior? Like a bot that constantly looks for people doing this and thus placing orders to counter their efforts?! I don't know if what I said makes sense, but basically blocking the guy to manipulate the market. Would it be too costly?!

Well I think it's fine for tribe tokens as it adds liquidity. Unless we move directly to a AMM model, I don't see any way this will change. It gives people a chance to get out without impacting the actual price. This will suck for people who want to get a better price but I don't see much we can do about it.

One thing to note is that it might negatively affect things like INDEX since buying from the actual account lets it buy more underlying tokens. But besides this, I don't see much of an issue.

Posted Using LeoFinance ^Beta

That's the reason why I use the swap now instead of placing the orders on the markets

• I can get my token instantly
• There is no big price gap between buy/sell orders

You can try it here https://tribaldex.com/dieselpools/

!PIZZA
!BEER

Shiii crazy stuff

Posted Using LeoFinance ^Beta

I think it is useful to have a market as liquid as possible.

Hey Rent, what the heck is up with splintertalk.io, is the site down. Seems like i cant get it to load.

Thanks for sharing! - @alokkumar121

This cost is huge
!BEER