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RE: Bts.ai bitshares exchange market activity monitor

in #bitshares6 years ago

That's a very cool tool. And especially interesting to know that there are 17 identified bots.
What's your opinion about these bots?
I think it's great if they provide liquidity but it's terrible when they drive down the price during a margin call and create an artificial dump scenario.

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Bots are in all exchanges. This is how it works. 😉

Bitshares as exchange is decentralized and transparent. However, there were no normal tools that could give this kind of information to users. Bts.ai is a new player and it shows users. So, I hope to get used to it and see how things goes.

I have played with this tool only for a day, so it has no information (only 17 bots so far). I hope to monitor the market and maybe think of some more powerful and useful tool. Maybe somebody of those explorer creators sees this post and creates something useful.

Transparency is generally good I agree, especially knowing who the bots are.
I've been following the development of the two public bitshares bots and autonio, and at least the two public ones think that they will improve the margin call mechanics and make it a bit harder for the other bots to speculate as strongly as now.
I really hope that happens, but let's see.

Whatever happens, happens for good! 🙏

We need some bad bots to make better ones.