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RE: The Whale, the Liquidity King and Wash Trade Expert -- a Deeper Anlysis of STEEMIT Internal Market Using Market Insight by Steemprices.com

in #market8 years ago (edited)

great report!
I want to make clear that my bot never does any self-trading. The only time I ended up selftrading was when I actually needed to buy some STEEM with SBD and, well, its hard to not buy from "taker"

It looks like taker is either creating the tightest spreads for real purchasers or forcing the other bots to tighten their spreads, and taker is getting about 2% of the rewards and the selftrading bots get 98%.

While getting even 2% of the rewards is nice, I am glad the broken reward points are suspended until it can be fixed. Will be interesting to see if the selftrading bots will continue to provide liquidity using the ample rewards they already received.

You might be interested in https://steemit.com/steem/@jl777/steem-price-forecast-usual-weekend-slowdown-and-then-the-quartering-of-supply-will-explained-in-post

also contrary to its name, taker never takes, it only gives liquidity.

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I just update to reflect how takers never take liquidity. Neither do I, I am pretty sure we are the ones here on the ladder who don't wash trade.

You should rename it to "giver" :P

Genius @jasonmcz

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