You will not believe this but it is real. I watched this guy for a day now and he made 6,000 $ in the time that i am watching him. JUST BY BUYING AN SELLING TONS OF STEEM AN SBD
This only 18 hours later !
mm probably stands for money-management. Just look at his wallet. He basically owns the whole internal market. Whenever somebody sends a buy or sell order, he just puts a lower one in the market with 125 SBD or 125 STEEM so his order is always the lowest in the market. it must be a bot or at least 3 people because he does it 24/7.
I did not flag him yet but i wanted to hear more opinions on this. Does this behaviour violate the TOS?
I tried to counter him with even lower prices. No chance.... after 1 minute his order was lower than mine and mine did not get filled.
I hope some of the whales or developers take a good look at this guy and give a statement whether excessive market usage is intended and legal, because if he continues this he wil grow exponentially.
Pls share this so he does not fly under the radar any longer....