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How common are market bots? How should one respond?

Author
Solai
Doughfleet
Triglavian Outlaws and Sobornost Troika
#1 - 2013-06-27 14:51:57 UTC
I noticed a competitor doing odd things with their market updates.
I'm used to getting outbid by .01 or a large round chunk or isk, always bidding up. Sometimes within minutes of my order, but not commonly.

But what if I get outbid consistently by weird numbers, who seem to be set by a ratio? What if I see an orders regularly updated, but with no price change? Or immediately .01'd on a wide spread of low-movement items? Or price updates that aren't set to beat mine, when I'm the only competitor, and am buying region-wide?

It smells fishy, but I don't want to assume.

How do you think I should respond? What can I do to find out what I'm dealing with, and make good decisions on how to proceed?

Thanks, folks.
goatplasma
Deep Core Mining Inc.
Caldari State
#2 - 2013-06-27 15:15:18 UTC
Choose a different item.
Tinu Moorhsum
Random Events
#3 - 2013-06-27 16:27:02 UTC
Solai wrote:


How do you think I should respond? What can I do to find out what I'm dealing with, and make good decisions on how to proceed?

Thanks, folks.


I think if you informed CCP then you'd be telling them what they already know.

I think it was about 18 months ago they banned some market botters and the problem seemed to be better for a while. IIRC they said at the time that some rediculously small number of market bots (like 10 or something) accounted for it. I have no doubt that the bots are back and I'm sure CCP will get around to dealing with them at some point.

arabella blood
Keyboard Jihad
#4 - 2013-06-27 19:04:04 UTC
Solai wrote:


What if I see an orders regularly updated, but with no price change?



How does one achive that exactly?

Troll for hire. Cheap prices.

Rhivre
TarNec
Invisible Exchequer
#5 - 2013-06-27 19:23:20 UTC
Solai wrote:
I noticed a competitor doing odd things with their market updates.
I'm used to getting outbid by .01 or a large round chunk or isk, always bidding up. Sometimes within minutes of my order, but not commonly.

But what if I get outbid consistently by weird numbers, who seem to be set by a ratio? What if I see an orders regularly updated, but with no price change? Or immediately .01'd on a wide spread of low-movement items? Or price updates that aren't set to beat mine, when I'm the only competitor, and am buying region-wide?

It smells fishy, but I don't want to assume.

How do you think I should respond? What can I do to find out what I'm dealing with, and make good decisions on how to proceed?

Thanks, folks.



Can be just fat fingers, or misreading.

I have been known to mis-update once or twice.

It can be someone who doesnt know how to use the market screen, or doesnt check range on other orders, or has ones within a set range ignored (done through the market settings)

Instant updating can be someone who has 3-4 orders sorted by time remaining and checks on them regularly, I often land on someone who has updated within the last 5s.

It can be several different people being stupid, yes, there are plenty of those about.

It can be a bot, but its a crap bot if they arent actually getting the price right, cos, lets face it, Elinor and Mentat manage that and they are just copy/paste tools :p
Vincenzo Arbosa
Locust Assets
#6 - 2013-06-27 19:28:07 UTC
arabella blood wrote:
Solai wrote:


What if I see an orders regularly updated, but with no price change?



How does one achive that exactly?



Dunno. Does it extend the length of the sale though, similar to when you adjust the price? Easier than paying another broker fee I guess.
"Leave the gun. Take the cannoli." 
Rhivre
TarNec
Invisible Exchequer
#7 - 2013-06-27 19:30:17 UTC
Updating with no price change wont alter the duration..

The only thing you can change when you update is price, and if you dont move that it does not reset the duration, so not sure how you would tell if it had been updated with no price change
arabella blood
Keyboard Jihad
#8 - 2013-06-27 20:02:12 UTC
Rhivre wrote:
Updating with no price change wont alter the duration..

The only thing you can change when you update is price, and if you dont move that it does not reset the duration, so not sure how you would tell if it had been updated with no price change


Thats why i asked, modifying the order wont reset the duration timer.

I too get the feeling im facing bots sometime, but not stuff like you described, they sond like a fail bot.
i try to look for consistency in the time the orders above me got changed. If they all fall on the same pattern, i start to be suspicious.
Need to try these bots sometime befire i can understand how they work...

Troll for hire. Cheap prices.

Bruce Sotken
Small Hole Much Liquid
#9 - 2013-06-27 22:40:31 UTC
With regard to the price not changing; I noticed that I would sometimes change the price by 0.01 isk and due to what I assume is a rounding error, the price remains the same on the UI. Unfortunately I have no data as to which order is actually used if anything is sold to or bought from one of the two (e.g. I don't know if it uses the oldest or the lowest without rounding error).
Caleb Ayrania
TarNec
Invisible Exchequer
#10 - 2013-06-28 01:33:43 UTC
Bots or no bots the only way to outperform is to use some things that reduce the pattycake benefits.

Obvious solution move out of HUBs and shift buy and sell orders to a better location.

Most players would prefer fair priced items where they actually are. They will even pay more if they dont have to go to a HUB.

Consider using spreads. More than one order scattered around your target price.

Get as many orders as you can, consider using corp orders and having all alts in the corp.

Make piles you sell smaller, but more of them. Move big piles to bulk contracts instead, and advertise in appropriate channels.

make sure you realize HUB are exchanges and bulk location trades primarily.

For retail think about building up as an actual service.

Use Jita (hub) to supply your actual business. Using freight services.

If your intention is daytrading and working the New Eden equivalent of the trading floor make sure you are well informed and understand that its speculative and very competitive. It needs a little finesse and reading to make it successful.

Drop by some of the dedicated trade channels, the scc-lounge for the more social side and the handful of others for specifics.

arabella blood
Keyboard Jihad
#11 - 2013-06-28 03:39:48 UTC
Bruce Sotken wrote:
With regard to the price not changing; I noticed that I would sometimes change the price by 0.01 isk and due to what I assume is a rounding error, the price remains the same on the UI. Unfortunately I have no data as to which order is actually used if anything is sold to or bought from one of the two (e.g. I don't know if it uses the oldest or the lowest without rounding error).


If you change the price it changes.
its a lag/delay bug i often see, just return to the item later and see the price changed...

Troll for hire. Cheap prices.

Solai
Doughfleet
Triglavian Outlaws and Sobornost Troika
#12 - 2013-06-28 04:05:41 UTC
Thank you for the replies, everyone. It's greatly appreciated.

I'll supply a few more details.
First, I do only buy orders, I have about 70 that I monitor, I have a pretty large sum invested, and about 5 months practice on my methods. The buys are region-wide. I operate out of one of the region's trade hubs, which is null-sec, and is the only place I intend on doing any business.

I've noticed these patterns over the course of a month when I expanded my purview into another category of items. The suspicious competitor buyer is omni-present across this category and more, with probably as many, or more orders than me. All the orders are based out of the same system, and it's a name I'd seen pop up many times over the past months. We're basically using the same market strategy.

Sometimes I'm watching in near-real-time as it updates the price. Multiple times, I've seen refreshed expiration-dates while displaying the same price(if my memory isn't shot), down to the cent. I'll be watching to confirm if it's what I think I'm seeing, since it's been claimed that such a move is impossible.

The competitor seems on one hand diligent, and fast. Sometimes it pulls out of an item if I'm enough of a bastard(this threshold has been hard to nail down, though).

Then on the other hand, it doesn't update all of them - Sometimes it looks like a random selection. Sometimes the price adjustments don't fit to a logic I'm used to seeing. Sometimes the price adjustments seem like it's not from a human sensibility, which I theorize are percentage increases. The patterns don't feel like human mistakes nor fat-fingers, to me. But then, there's no way to be certain of something like that.

Now, I currently monitor and update my orders manually. I tried using programs in the past to help keep track, but didn't stick with it. So I'm uncertain what the common/best use patterns are with these programs. I don't know what a human-using-Mentat would look like. This is part of why I'm hesitant to feel sure that it's a bot.

One way or the other, I wont be changing my products or moving locations. My heels are dug in. So I have to figure out how to respond either way, and hope that if it's software, then I can reach the threshold where it's programmed to let go.

Conversely, if there's a way to find out how to gain greater confidence on Bot-Vs-Not, I'm hoping that I can get a bot kicked out. Cuz screw those guys.
arabella blood
Keyboard Jihad
#13 - 2013-06-28 08:11:07 UTC  |  Edited by: arabella blood
I think we should start with:
A bot, in null, only buying stuff??
What the hell...

Edit: try selling stuff to random orders you think are his, this will confirm at least how many are they, and many more details about it/them.
And then try to convo him.

Troll for hire. Cheap prices.

W3370Pi4
State War Academy
Caldari State
#14 - 2013-06-28 08:18:29 UTC
If you do not have his exact name CCP is a bit powerless because they wont have the manpower to investigate the issue.

Solai
Doughfleet
Triglavian Outlaws and Sobornost Troika
#15 - 2013-06-28 09:17:11 UTC
Oh, I know who it is. And I suspect the name will have some recognition, as I've seen the name pop up in Jita too. But I didn't want to give it here, at this point. Particularly since I have no certainty of botting, or whatever. I figured I'd first talk to his corp's diplo, after I've learned more. But not yet... If there's one thing I have little respect for, its guys who wantonly accuse of cheating when they've been beaten. I don't wanna be that guy.


As for buying stuff: It's quite lucrative, if you know what you're after, and does not require delving into industry. This particular fella has buys on pretty much anything that gets regular use, or regularly drops.
Solai
Doughfleet
Triglavian Outlaws and Sobornost Troika
#16 - 2013-06-28 09:33:06 UTC
As for convoing the suspect... I'm not sure what I could accomplish, there. the likely end I imagine is him laughing, and me coming away empty.
arabella blood
Keyboard Jihad
#17 - 2013-06-28 10:09:18 UTC
Solai wrote:
As for convoing the suspect... I'm not sure what I could accomplish, there. the likely end I imagine is him laughing, and me coming away empty.


Its from "how to determine a mining bot" :)
Usually he wont respond and you get the message almost instantly, i suggest you try it.

Troll for hire. Cheap prices.

Gypsio III
State War Academy
Caldari State
#18 - 2013-06-28 12:56:39 UTC
An easy response is just to damage his profit margins by making large changes to your orders.
Lord Jita
Lord Jita's Big Gay Corp
#19 - 2013-06-29 02:22:20 UTC  |  Edited by: Lord Jita
Set up margin trade scam orders with ridiculous prices and see if he outbids you.
If its a dumb bot, you can do stuff like this:

http://i.imgur.com/LnzKHAo.png


I have been gaming this ******** bot for months, made billions off him. of course i petitioned the crap out of him but either CCP hasn't done anything (yet) or are silently watching what he does.
In the meantime I am glad to take his isk.
Hrothgar Nilsson
#20 - 2013-06-29 07:25:18 UTC
Solai wrote:
But what if I get outbid consistently by weird numbers, who seem to be set by a ratio?

Define "weird numbers" which "seem to be set by a ratio".
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