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RE: STEEM Decentralized Exchange - The Sky Is The Limit Now

in #smt7 years ago (edited)

i dont like idea of no fees, because will be many bots and abusers, right now in our market is guy who always sell and buy exactly 140 sbd for months, and nobody can do anything to him , and if it will be in bigger scale , people without robots will be doomed.

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That guy is very useful. That bot regulates the rise and fall of Steem/SBD to stop abuse and Boom/Bust scenarios.

I like it... but I didn't always understand :)

because of him normal humans cant make money on boom and falls, because he undercut in seconds, plus in normal exchangers people can buy and sell for profits like in few minutes speculates, and here only for longterm .

Yes, that's true, but what's also true is that you don't pay exchange fees for this service. Personally, I think it's a good exchange and that guy is stopping people getting fleeced, people that don't know what they're doing, minnows just arrived, for example.

Nothing stops you from using the other exchanges :)

robots will be limited by their bandwidth of SP. All that bots can do in an exchange at the end of the day is increase liquidity, which is a good thing. I don't see how the 140SBD guy is doing something malicious.

how is robots in exchangers limited by bandwidth of SP?
right now to exchange in steem market you dont need any sp as i know .

if you tried to make too many transactions you would be bandwidth limited if you didn't have enough SP.