I agree that there has to be created a better algorithm for trading online... one that is more stable than what we have now, but one that is also fair to all parties partaking in the market.

Question is... how can we do this?

Go buy about 10,000 bitcoins. That'll pretty much screw those bots.

until they become self-aware we are good

those patterns are cute although highly restrictive keep things virtually stable

The value of a market lies in the traders.  Scripts may be written with certain goals in mind, but the value lies in the coder, not the machine.  I suspect this disconnect is comparable to the difference between a spiritual enlightenment and a church, between a Constitution and a government, between a marriage and a lifetime together.  A map trading by map-based rules differs from the territory geometrically.

heres a php bot
http://bitklein.com/sniper.php.gz

I assume these bots are working for traders that have 0% fees for 3 more days.

I'm having fun over at CampBX. There's not too much action going on, so I usually have both the highest bid and the lowest ask. Playing both sides-- don't really see a way to lose at that game