BOT Traffic has been a huge concern over the past year on the official Mint's website, with people unable to purchase coins due to BOTS automatically purchasing as many as possible before anyone else can.
Thankfully the Mint has just addressed some of these concerns and implemented some new policies to limit companies bulk-purchasing coins via the use of BOTS.
To address the extraordinarily high volume of automated web robot (BOT) traffic targeted at the Mint’s online sales site and to prevent the type of disruptions that Mint customers experienced during the initial pre-order window for the Morgan and Peace dollars, the Mint has now identified and implemented a solution that we expect will mitigate most of the issues caused by BOT traffic.
To further enhance the customer experience, the Mint is introducing new Terms and Conditions for all bulk purchase program members. Continued membership in the bulk program will be conditional upon agreement to the new terms and conditions, which explicitly restrict, among other things, bulk members’ use of BOTS to purchase Mint inventory reserved for online ordering. The new terms provide that:
The Mint reserves the right to review all orders and to cancel orders that violate a product order limit. If a company violates this strict prohibition against circumvention of any Mint product order limit, the Mint reserves the right to suspend or terminate that company’s Authorized Bulk Purchase Program status.
Further, if a company with Numismatic Bulk Purchaser Program status violates this strict prohibition against circumvention of any Mint product order limit, the Mint reserves the right to disregard the company’s annual purchase levels for the relevant two consecutive years for purposes of entry into the Authorized Bulk Purchase Program.
What do you think? Do you think the Mint is doing enough to allow everyone a chance at purchasing coins? What do you think should be done?
Let us know in the comments!
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