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RE: Bidbot Experiment: The Good, The Bad, The Ugly
You worked HARD on that post and it really explains what goes on with bid bots. There are ways to be found by the greedy to exploit anything. Moderation and common sense don't play well with greed unfortunately.
Unfortunately. And, yes, it's greed. Plain and simple. It leads people to make a choice that benefits themselves at the expense of others in a system that rewards everyone for creating value for the benefit of others.