Hacker News new | ask | show | jobs
by sluggg 3078 days ago
I am deeply surprised by how few people are mentioning bots. This is no doubt directly related to trading bots that are polling coinmarketcap and then buying/selling through some API like the one bittrex offers. The number of bots that are actively trading is unknown, but if you do some digging the amount of resources and interest there is around trading bots leads me to believe that the pool of bots must be massive. I would love to be able to quantify the number of trading bots that are running wild, but my feeble brain can't come up with anything, maybe if I worked at an exchange I would be able to. Any thoughts?
2 comments

Have a look at http://http://www.dancingbots.com which visualizes Orderbook positions. Most of the action (95%?) close to current price looks like positions from bots.

Compare the orderbooks of exchanges which have no fees for maker orders (like gdax, bitfinex) and are preferred by bots to those exchanges who do ask for a fee.

HEY! this site is amazing and is just what I am looking for. BUT the link you provided is missing a colon after "http" and I thought the site was down for a second. I am sure if others see this they will have similar issues. Please fix your link :)
Whoever manages their networks could tell you