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You guys realize every single one of these marketplaces openly admits they allow trade bots on every single on of the cryptos they trade ? They know, and don't care. If something has a spread of 200 sats, you place an order for 10 above the min you'll nearly instantly be hit with 11 above, of course these are the micro currencies but still. These people have bots literally trading the spreads all day long.
BC has extreme "inside trading" where a group of the top 20-50 people can greatly influence the price in no time at all. Scariest thing of all is the Chinese have extreme influence on the market and it is only growing.
The concept is great, I love using it, and I think in the long term things will be figures out. However it is a highly speculative market and even the best traders are prone to lose money on trades that would of made them money in the Stock market (following Graphs etc).
Doesn't mean I don't dabble. I just play the little guys I see good long term potential in. Used to love Eth until the dumbass DAO thing. That bailout cost their market cap (and investors belief like me in them) way more the they recouped. I could write for hours on that, but what's done is done and I don't hold it or classic any more.
I just don't have faith in it as a coin. I'll also fiddle with the crazy 200% gain in one day coins. 7/10 times I hit well. The other 3 times poorly. If I let my emotions control me the 3 times more then wipe out my 7 times. If I just lick my wounds and walk away all is good.
It's like the stock market the first 10 years it was around, but 10X as crazy. At least they were solid companies not white papers giving out blank promises lol ...
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