RE: Are Trading Bots Steering Prices of Coins On Bittrex?

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Are Trading Bots Steering Prices of Coins On Bittrex?

in cryptocurrency •  7 years ago  (edited)

It's funny you say that. I came across this article today. (Not sure if I can post links in replies). Scroll down to get to the part about Bittrex. The only reason I have a Bittrex account is Antshares (Neo). https://squawker.org/conspiracy/secret-scams-coinbase-bittrex-kraken/

cryptocurrency
7 years ago by

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      ·  7 years ago 

    Same here, I just transferred a hefty amount of Ether to trade Neo / Antshares. And I wouldn't be surprised if there's some serious market manipulation going on.

    And interesting read. I've been witnessing and complaining about these things myself. I think the solution is to use / build some great decentralized exchange cutting the middleman off, that offers the same level of security an "exchange" offers. After all, that was the whole point of blockchain tech. And I would imagine it's not something hard to conceptualize and pull off for the right people, they could perhaps create a proof of stake blockchain where funds are secured and verified by people who have a lot vested in the system.

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