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THE GREED OF BOT USERS TO BRING ON FEDERAL REGULATION

HATTRICKHATTRICK Posts: 2,167 ✭✭✭✭✭
in U.S. Coin Forum

The continuing greed of bot users is now effecting a greater number of everyday consumers. The news is full of stories of bot users buying up large quantities of hard to find popular Christmas items. There is and will be greater pressure for congress as well as retailers to do more to control the use of bots. Greed will be their downfall.

" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater

Comments

  • MsMorrisineMsMorrisine Posts: 33,703 ✭✭✭✭✭

    You gotta do more to tie into coins

    Just sayin

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmlanzafjmlanzaf Posts: 35,292 ✭✭✭✭✭
    edited December 8, 2021 7:46PM

    The problem is that there are a lot of useful bots out there. A lot of shopping bots out there. It isn't the bots, it's the use of the bots.

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    People have always tried to game the system. It's just easier now. The only way to really stop it is to change consumer behavior.

  • 291fifth291fifth Posts: 24,457 ✭✭✭✭✭

    This thread has nothing to do with coins.

    All glory is fleeting.
  • ifthevamzarockinifthevamzarockin Posts: 8,902 ✭✭✭✭✭

    The problem may only get worse when they start self replicating. :D

    https://www.npr.org/2021/12/06/1061727140/scientists-have-discovered-the-first-self-replicating-living-robots

  • youniqueyounique Posts: 882 ✭✭✭
    edited December 8, 2021 9:39PM

    Yep, inventory sucking bots. Nothing new. Gov't should be able to afford anti-bot sucking software. Haven't heard of any Fed Regulation. Can you point me to it?

  • PerryHallPerryHall Posts: 46,427 ✭✭✭✭✭

    @291fifth said:
    This thread has nothing to do with coins.

    Were bots used by some by some buyers when the mint sold very limited coin issues that sold out in a couple minutes?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • yosclimberyosclimber Posts: 4,858 ✭✭✭✭✭

    https://forums.collectors.com/discussion/1046599/maybe-the-mint-is-doing-something-about-bots Nov 2020
    https://forums.collectors.com/discussion/1059292/us-mint-announcement-on-2021-dollars-and-household-limits-to-fight-bots June 2021

  • bearcavebearcave Posts: 3,996 ✭✭✭✭✭

    @MasonG said:
    I'm sure the government knows best. What could possibly go wrong?

    😯

    Ken
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    edited December 9, 2021 3:59AM

    As technology advances, the methods for circumventing sales controls (i.e. bots at this time) will also evolve. Cheers, RickO

  • CryptoCrypto Posts: 3,738 ✭✭✭✭✭

    @MasonG said:
    I'm sure the government knows best. What could possibly go wrong?

    Bet you have family that depends on the highways, SS, Medicare, national parks and many many other federal programs like clock work and get incensed at the slightest hiccups. People over estimate the disfunction of the feds too often. Typically only when it either asks for something back or does something nice for someone that isn’t them. Just sayin

    11.5$ Southern Dollars, The little “Big Easy” set

  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    @291fifth said:
    This thread has nothing to do with coins.

    SMH…guess you slept through 2019 and the ERP and V series

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @Crypto:

    You lose your bet. Just sayin'.

  • OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭

    @Crypto said:

    @MasonG said:
    I'm sure the government knows best. What could possibly go wrong?

    Bet you have family that depends on the highways, SS, Medicare, national parks and many many other federal programs like clock work and get incensed at the slightest hiccups. People over estimate the disfunction of the feds too often. Typically only when it either asks for something back or does something nice for someone that isn’t them. Just sayin

    The govt does a number of necessary things that are needed by society, but the don't have the competitive pressure like the private sector. If I don't like the customer service or quality of A product, I can usually find another vendor or product. If I have problems with the DMV or potholes in my road, where do I go? In my industry, I am constantly working on making things "better, faster, cheaper". If not, a competitor will come up with something better

    Why should the mint invest in new technology, training, resources, etc? They have a monopoly. They may do it to increase sales, but if the technology isn't implemented completely and correctly, where is the urgency to fix it.

    Not saying govt shouldn't do anything. Society needs many of the services they provide (roads, law enforcement, etc). I just believe that if we want the govt to take care of something, we should be aware of the built in inefficiencies, and the mint is a good example. Just my opinion

    My guess is the thread will get poorer soon, but here is a coin to keep this vaguely numismatic ally related

    Member of the ANA since 1982
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