a $1,000 $MM purchase on AVAX would push the price up 12.36% on the AVAX network. $500 - 7.5% , $250-5% . No wonder people are buying/selling small amounts. The price moves too much ! Probably the same with other networks with low liquidity.
https://snowtrace.io/token/0x993163CaD35162fB579D7B64e6695cB076EF5064
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@Tim_MM_Hodler so basically if 100 people agreed to buy for 100 - 500$ everyone at the same time, it would rocket the price to the moon?
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@RomanistHere the bots and people step in quickly and dump on you when the price goes up to fast in a short time. but yeah, basically if nobody sold. LoL
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@Tim_MM_Hodler well, while we're not so popular there shouldn't be a lot of bots is there are any at all.
If we knew in what time MM selling/buying activity the lowest, we could theoretically support it long enough so it will stable at some point. Isn't it what guys with GameStop did?
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@RomanistHere there are bots that will front run u esp on BSC
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@Tim_MM_Hodler my 100 dollar order pushed the price up so much it triggered a bot to sell lmao
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@BankHead @DarthVader I wonder if we can figure out strategy how to make bots work for us.
Bots should most likely have some idle time after it bought or sold. So if we pump the price a bit -> trigger them selling and make the price go down a bit -> start buying it, so the bots won't have time and deeps to buy. It can lead to price stabilizing at higher level and marketplace bots losing money. Win-win!
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@Tim_MM_Hodler Thank you. Very interesting.
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@RomanistHere there's a set to where u won't get beat by the bot on BSC but the thing if u don't use the set up on by and sells they can front sell u and vice versa
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@RomanistHere look at the time stamps of the sells. it's seconds after a buy order goes through. at least one bot is dumping and probably making good money. transfer MM from another ecosystem to AVAX and dump if the price rises to quickly. I'm not going to pump a bot bags. LoL
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