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RE: Potential Bandwidth Issue Fix is in the Works - Softfork 19.1

in #news7 years ago

Man, @smooth, that helps a lot. I had to track down what was happening and scratch my head at it. If you wouldn't mind, I'd like to someday make a post about it and maybe interview you about it. I have a couple comments for later. But for now, this one comes to mind: have you considered that it may be counter-productive at times to manual traders? I'd invite you to go to the market, come up with a plan, and try to set up some manual trades... there are times in which the bots just dominate as they swap/delete/hedge/buy/sell while the humans are sort of like... Huh? There is an aggravating factor to them. I'd even like to game your bots, but it's good to know about the bandwidth criterion.

Could you (at minimum) try a few different tweaks here and there and see if they can work and play well with humans? You may not think about the bots much, but if I get going with my idea, I think I could out-bot them when you least expect it. I'd like to discuss the particulars elsewhere, if you don't mind.

Also, what would happen if you shut down the bots? Have you studied that? Does the market all of a sudden go into meltdown or something?

Thanks again for replying, and thanks @timcliff for this post.

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Also, what would happen if you shut down the bots? Have you studied that? Does the market all of a sudden go into meltdown or something?

The bots are down occasionally, usually due to technical problems (server runs out of memory, etc.) or the account running out of bandwidth. What generally happens isn't any sort of meltdown but spreads definitely widen a lot and for casual users the cost of exchange goes way up. It might be good for other active traders though, I can't really say.

As for out-botting, go right ahead. It's a free market, and I have little doubt it is possible. If my bot loses at too high a rate I'll improve it or shut it down.

For discussion elsewhere, I'm occasionally on steemit.chat but the best thing to do there is PM me and check a day or two later for a reply. I try to not fall too far behind on PMs (not always successful).

you are welcome,,, @smooth
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come to my blog :D
nice to meet you

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